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NYSE · Industrials

EMCOR Group, Inc. (EME)

As-reported financials and SEC filings for EMCOR Group, Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About EMCOR Group, Inc.

EMCOR Group, Inc. is a specialty contractor in the United States providing electrical and mechanical construction, facilities services, building services, and industrial services. The company serves a wide range of customers including commercial, technology, manufacturing, healthcare, utility, and institutional sectors. EMCOR's services include designing, installing, and maintaining electrical and mechanical systems, as well as energy efficiency and sustainable energy solutions.

Snapshot

Revenue
$16.99B
Revenue growth (YoY)
16.6%
Net income
$1.27B
Diluted EPS
$28.19
Gross margin
19.3%
Operating margin
10.1%
Net margin
7.5%
FCF margin
7.0%
ROE
34.6%
net income / fiscal-year-end equity
P/E
22.9×
trailing when available, otherwise FY EPS
Market cap
$32.43B
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at EMCOR Group

  • Revenue grew 16.6% to $17.0B in FY2025, in line with the 15.8% the year before.
  • Operating margin is 10.1% in FY2025, +4.7 pp against 5.4% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $5.2B, up 19.8% from Q2 FY2025.
  • Free cash flow was $1.2B in FY2025, 7.0% of revenue.
  • Net income rose 26.4% to $1.3B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where EMCOR Group’s fundamentals sit among the 684 Industrials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin19.3%
31st percentile of 466
Operating margin10.1%
66th percentile of 605
Net margin7.5%
67th percentile of 645
FCF margin7.0%
59th percentile of 562
Revenue growth (YoY)+16.6%
79th percentile of 668
ROE34.6%
94th percentile of 600
P/E22.9×
46th percentile of 434
Short interest2.60d
37th percentile of 676

EMCOR Group’s return on equity of 34.6% ranks in the 94th percentile of the 600 Industrials companies reporting it.

No reported insider purchases (code P) in the last 90 days; 1 insider sale totaling $802,275. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 4 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
4
+6 quant / multi-strat
Initiated / added
4
1 new, 3 added
Reduced / exited
7
6 trimmed, 1 exited
Combined position
$1.22B
reported long value
InvestorAs ofPosition valueSharesChange
AQR Capital ManagementquantQ2 2026$759.6M930.8KReduced
Millennium ManagementquantQ2 2026$133.2M160.5KAdded
Polen Capital ManagementQ2 2026$85.6M103.1KNew
Citadel AdvisorsquantQ2 2026$78.5M94.6KReduced
Gotham Asset ManagementQ2 2026$60.6M73.0KReduced
Renaissance TechnologiesquantQ2 2026$54.5M65.6KAdded
Bridgewater AssociatesQ2 2026$26.8M32.2KReduced
D. E. ShawquantQ2 2026$10.6M12.8KAdded
Two Sigma InvestmentsquantQ2 2026$9.2M11.1KReduced
Soros Fund ManagementQ2 2026$214,939259Reduced

No longer held by: Point72 Asset Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
1
$802K
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-06-17
filed 2026-06-18
Lowe Carol PDirectorSell950$844.50$802K
2026-05-11
filed 2026-05-13
Reid William PDirectorSell2.0K$925.78$1.9M
2026-05-01
filed 2026-05-05
Altmeyer John WDirectorSell2.5K$895.00$2.2M
2026-04-30
filed 2026-05-04
Schwarzwaelder StevenDirectorSell5.6K$895.19$5.0M
2026-04-30
filed 2026-05-04
Nalbandian Jason RSVP, CFO, Chief Acct. OfficerSell800$856.43$685K
2026-04-30
filed 2026-05-04
Lind Robert PeterVP and ControllerSell675$894.27$604K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
941.1K
settled 2026-08-14
Change vs prior
-5.7%
vs previous settlement
Days to cover
2.60
at avg daily volume
Avg daily volume
362.3K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-14941.1K-5.7%2.60
2026-07-31997.5K-25.9%1.73
2026-07-151.3M+5.3%3.45
2026-06-301.3M+3.7%2.26
2026-06-151.2M+19.8%3.45
2026-05-291.0M-0.6%2.95
2026-05-151.0M+8.4%2.84
2026-04-30954.9K+4.4%2.36

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$16.99B$14.57B$12.58B$11.08B$9.90B
Gross profit$3.28B$2.77B$2.09B$1.60B$1.50B
Operating income$1.71B$1.34B$875.8M$564.9M$530.8M
Net income$1.27B$1.01B$633.0M$406.1M$383.5M
Diluted EPS$28.19$21.52$13.31$8.10$7.06

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$1.11B$1.34B$789.8M$456.4M$821.3M
Current assets$5.94B$5.39B$4.45B$3.46B$3.39B
Total assets$9.29B$7.72B$6.61B$5.52B$5.44B
Current liabilities$4.86B$4.15B$3.52B$2.75B$2.36B
Long-term debt$2.8M$231.6M$245.4M
Total liabilities$5.62B$4.78B$4.14B$3.55B$3.19B
Total equity$3.67B$2.94B$2.47B$1.97B$2.25B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$1.30B$1.41B$899.7M$497.9M$318.8M
Capital expenditure$112.8M$75.0M$78.4M$49.3M$36.2M
Free cash flow$1.19B$1.33B$821.3M$448.6M$282.6M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$5.15B19.8%$403.7M$9.06
Q1 FY2026$4.63B19.7%$305.5M$6.84
Q4 FY2025$4.51B19.7%$434.6M$9.69
Q3 FY2025$4.30B16.4%$295.4M$6.57
Q2 FY2025$4.30B17.4%$302.2M$6.72
Q1 FY2025$3.87B12.7%$240.7M$5.26
Q4 FY2024$3.77B9.6%$292.2M$6.32
Q3 FY2024$3.70B15.3%$270.3M$5.80

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorIndustrials
SIC industryElectrical Work
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2016
SEC CIK105634

Selected SEC filings

10-K2026-02-26
View on EDGAR →
10-K2025-02-26
View on EDGAR →
10-Q2026-07-30
View on EDGAR →
10-Q2026-04-29
View on EDGAR →
10-Q2025-10-30
View on EDGAR →
10-Q2025-07-31
View on EDGAR →
8-K2026-07-31
View on EDGAR →
8-K2026-07-30
View on EDGAR →

Largest Industrials peers

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.