(EME) EMCOR - Overview
Sector: Industrials | Industry: Engineering & Construction | Exchange: NYSE (USA) | Market Cap: 37.817m USD | Total Return: 80.2% in 12m
Avg Turnover: 297M
EPS Trend: 97.1%
Qual. Beats: 2
Rev. Trend: 99.8%
Qual. Beats: 2
Warnings
Below Avwap Earnings
Tailwinds
Confidence
EMCOR Group, Inc. (EME) is a specialty contractor providing electrical and mechanical construction, facilities services, and industrial maintenance across the United States and the United Kingdom. The company manages complex infrastructure projects including power distribution, HVAC systems, fire protection, and water treatment facilities. Its business model relies on a mix of high-value construction installations and recurring revenue from long-term facility management and maintenance contracts.
The company operates within the Construction & Engineering sub-industry, a sector characterized by high technical barriers to entry due to the specialized labor required for electrical and mechanical systems. Industrial services, such as refinery turnaround and energy retrofitting, provide EMCOR with exposure to the ongoing transition toward energy efficiency and infrastructure modernization. Investors may find additional insights on these sector trends by exploring the data at ValueRay.
Headquartered in Norwalk, Connecticut, EMCOR serves diverse end markets including commercial, industrial, healthcare, and government sectors. Its service portfolio extends to specialized technical consulting and military base operations, mitigating reliance on any single economic vertical.
- High-growth data center construction demand drives mechanical and electrical segment revenue
- Federal infrastructure spending and domestic manufacturing reshoring increase project backlog value
- Labor market tightness and rising skilled trade wages pressure operating margins
- Industrial maintenance spending volatility impacts high-margin refinery and energy services revenue
- Strategic acquisitions in fragmented specialty contracting markets accelerate earnings per share growth
| Net Income: 1.33b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.11 > 0.02 and ΔFCF/TA -4.79 > 1.0 |
| NWC/Revenue: 7.06% < 20% (prev 4.59%; Δ 2.47% < -1%) |
| CFO/TA 0.13 > 3% & CFO 1.19b > Net Income 1.33b |
| Net Debt (-399.9m) to EBITDA (1.95b): -0.20 < 3 |
| Current Ratio: 1.26 > 1.5 & < 3 |
| Outstanding Shares: last quarter (45.1m) vs 12m ago -2.48% < -2% |
| Gross Margin: 19.54% > 18% (prev 0.19%; Δ 1.93k% > 0.5%) |
| Asset Turnover: 201.9% > 50% (prev 185.7%; Δ 16.18% > 0%) |
| Interest Coverage Ratio: 271.0 > 6 (EBITDA TTM 1.95b / Interest Expense TTM 6.48m) |
| A: 0.13 (Total Current Assets 6.07b - Total Current Liabilities 4.82b) / Total Assets 9.51b |
| B: 0.66 (Retained Earnings 6.29b / Total Assets 9.51b) |
| C: 0.20 (EBIT TTM 1.76b / Avg Total Assets 8.79b) |
| D: 1.12 (Book Value of Equity 6.29b / Total Liabilities 5.64b) |
| Altman-Z'' = 5.54 = AAA |
| DSRI: 1.01 (Receivables 4.94b/4.14b, Revenue 17.8b/15.0b) |
| GMI: 0.99 (GM 19.54% / 19.32%) |
| AQI: 0.89 (AQ_t 0.28 / AQ_t-1 0.32) |
| SGI: 1.18 (Revenue 17.8b / 15.0b) |
| TATA: 0.01 (NI 1.33b - CFO 1.19b) / TA 9.51b) |
| Beneish M = -2.95 (Cap -4..+1) = A |
As of May 28, 2026, the stock is trading at USD 855.26 with a total of 198,342 shares traded.
Over the past week, the price has changed by +0.11%,
over one month by -3.41%,
over three months by +18.09% and
over the past year by +80.18%.
EMCOR has received a consensus analysts rating of 4.17. Therefore, it is recommended to buy EME.
- StrongBuy: 4
- Buy: 0
- Hold: 1
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 983.5 | 15% |
P/E Trailing = 28.4871
P/E Forward = 24.6305
P/S = 2.1309
P/B = 9.8057
P/EG = 1.0803
Revenue TTM = 17.8b USD
EBIT TTM = 1.76b USD
EBITDA TTM = 1.95b USD
Long Term Debt = 3.95m USD (from longTermDebtTotal, last fiscal year)
Short Term Debt = 104.7m USD (from shortTermDebt, last quarter)
Debt = 516.5m USD (from shortLongTermDebtTotal, last quarter) (leases 510.4m already included)
Net Debt = -399.9m USD (calculated: Debt 516.5m - CCE 916.4m)
Enterprise Value = 37.4b USD (37.8b + Debt 516.5m - CCE 916.4m)
Interest Coverage Ratio = 271.0 (Ebit TTM 1.76b / Interest Expense TTM 6.48m)
EV/FCF = 34.68x (Enterprise Value 37.4b / FCF TTM 1.08b)
FCF Yield = 2.88% (FCF TTM 1.08b / Enterprise Value 37.4b)
FCF Margin = 6.08% (FCF TTM 1.08b / Revenue TTM 17.8b)
Net Margin = 7.52% (Net Income TTM 1.33b / Revenue TTM 17.8b)
Gross Margin = 19.54% ((Revenue TTM 17.8b - Cost of Revenue TTM 14.3b) / Revenue TTM)
Gross Margin QoQ = 18.67% (prev 20.71%)
Tobins Q-Ratio = 3.94 (Enterprise Value 37.4b / Total Assets 9.51b)
Interest Expense / Debt = 1.25% (Interest Expense 6.48m / Debt 516.5m)
Taxrate = 25.50% (104.6m / 410.1m)
NOPAT = 1.31b (EBIT 1.76b * (1 - 25.50%))
Current Ratio = 1.26 (Total Current Assets 6.07b / Total Current Liabilities 4.82b)
Debt / Equity = 0.13 (Debt 516.5m / totalStockholderEquity, last quarter 3.87b)
Debt / EBITDA = -0.20 (Net Debt -399.9m / EBITDA 1.95b)
Debt / FCF = -0.37 (Net Debt -399.9m / FCF TTM 1.08b)
Total Stockholder Equity = 3.48b (last 4 quarters mean from totalStockholderEquity)
RoA = 15.18% (Net Income 1.33b / Total Assets 9.51b)
RoE = 38.34% (Net Income TTM 1.33b / Total Stockholder Equity 3.48b)
RoCE = 50.39% (EBIT 1.76b / Capital Employed (Equity 3.48b + L.T.Debt 3.95m))
RoIC = 29.78% (NOPAT 1.31b / Invested Capital 4.39b)
WACC = 11.17% (E(37.8b)/V(38.3b) * Re(11.31%) + D(516.5m)/V(38.3b) * Rd(1.25%) * (1-Tc(0.26)))
Discount Rate = 11.31% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -79.57 | Cagr: -2.17%
[DCF] Terminal Value 63.35% ; FCFF base≈1.17b ; Y1≈1.02b ; Y5≈828.0m
[DCF] Fair Price = 213.8 (EV 9.10b - Net Debt -399.9m = Equity 9.50b / Shares 44.4m; r=11.17% [WACC]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 97.08 | EPS CAGR: 43.51% | SUE: 2.01 | # QB: 2
Revenue Correlation: 99.85 | Revenue CAGR: 15.95% | SUE: 3.67 | # QB: 2
EPS current Quarter (2026-06-30): EPS=7.26 | Chg30d=+0.83% | Revisions=+27% | Analysts=9
EPS next Quarter (2026-09-30): EPS=7.49 | Chg30d=+0.48% | Revisions=+9% | Analysts=9
EPS current Year (2026-12-31): EPS=29.27 | Chg30d=+3.38% | Revisions=+64% | GrowthEPS=+13.2% | GrowthRev=+11.8%
EPS next Year (2027-12-31): EPS=32.43 | Chg30d=+2.72% | Revisions=+60% | GrowthEPS=+10.8% | GrowthRev=+6.9%
[Analyst] Revisions Ratio: +64%