Friday 6 November 2026 Export EME’s income statement to Excel — free account

EMCOR Group, Inc.

EME Industrials Engineering & Construction

EMCOR Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $17.0 billion, up 16.6% from fiscal 2024.

Revenue: +28.8%
EPS: +37.6%
Free cash flow: +68.9%

Quarter to September 2026, against a year earlier

609.86 14.54 +2.44%

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Market cap: $26.1B
P/E: 17.2×
Fwd P/E: 19.7×
Dividend yield: 0.27%
F-score: 7/9
Altman Z: 6.42
Beneish M: −2.26
Dividend safety: 93/100

Overview Business Profile Earnings & Analysis Segments Valuation Filings

	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	Dec '24	Dec '25
P/E ratio Full definition →	23.61	21.34	12.21	14.93	38.27	17.97	18.11	15.90	20.98	21.60
Piotroski F-Score Full definition →	5	7	6	7	7	6	7	9	8	7
P/S ratio Full definition →	0.57	0.63	0.43	0.53	0.57	0.70	0.67	0.80	1.45	1.62
Altman Z-Score Full definition →	4.12	4.31	4.10	4.13	3.82	4.39	4.56	4.80	6.18	6.42
Altman Z″-Score (non-manufacturers) Full definition →	3.70	3.85	4.13	4.00	3.89	4.34	4.01	4.32	4.89	4.79
P/FCF ratio Full definition →	19.15	14.48	15.16	15.51	6.63	24.14	16.25	12.07	15.83	23.05
Beneish M-Score Full definition →	(2.46)	(2.71)	(2.37)	(2.32)	(3.28)	(2.27)	(2.42)	(2.57)	(2.72)	(2.26)
P/Operating CF Full definition →	32.26	38.02	16.91	27.13	19.45	33.62	28.53	23.78	45.07	52.48
Dividend Safety Score Full definition →	—	—	—	—	—	—	—	—	—	93
P/B ratio Full definition →	2.80	2.90	1.99	2.36	2.46	3.06	3.75	4.08	7.20	7.49
Price to Tangible BV Full definition →	60.70	22.67	13.23	12.68	8.16	8.91	16.06	10.86	16.63	23.85
EV/Sales Full definition →	0.56	0.61	0.42	0.52	0.50	0.64	0.65	0.74	1.36	1.57
EV/EBITDA Full definition →	11.03	11.26	7.03	8.69	12.16	9.84	10.68	9.35	13.41	14.03
EV/Operating CF Full definition →	16.25	12.84	12.55	13.51	5.48	19.85	14.45	10.33	14.08	20.48
EV/FCF Full definition →	18.97	14.01	14.86	15.36	5.80	22.17	15.79	11.14	14.83	22.33
Quick Ratio Full definition →	1.38	1.26	1.23	1.23	1.31	1.28	1.10	1.14	1.18	1.10
Current Ratio Full definition →	1.43	1.38	1.38	1.37	1.44	1.44	1.26	1.26	1.30	1.22
Net Debt/EBITDA Full definition →	(0.11)	(0.38)	(0.14)	(0.08)	(1.72)	(0.87)	(0.31)	(0.79)	(0.91)	(0.59)
Debt/Assets Full definition →	10.99%	7.82%	7.23%	6.46%	5.46%	4.81%	4.47%	0.00%	0.00%	0.00%
Debt/Equity Full definition →	0.28	0.19	0.17	0.15	0.13	0.12	0.13	0.00	0.00	0.00
Asset Turnover Full definition →	2.04	1.97	2.02	2.06	1.78	1.89	2.02	2.07	2.03	2.00
Operating CF/Net income Full definition →	1.44	1.61	0.96	1.09	6.07	0.83	1.23	1.42	1.40	1.02
Capex/Depreciation Full definition →	(0.47)	(0.35)	(0.52)	(0.47)	(0.42)	(0.30)	(0.39)	(0.54)	(0.53)	(0.58)
Interest Coverage Full definition →	24.31	25.76	29.76	33.35	28.51	87.43	42.80	50.92	355.88	142.55
ROE Full definition →	12.06%	14.15%	16.60%	17.12%	6.47%	17.81%	19.21%	28.48%	37.24%	38.49%
ROA Full definition →	4.92%	5.81%	7.04%	7.29%	2.69%	7.30%	7.41%	10.43%	14.06%	14.97%
ROIC Full definition →	12.82%	13.55%	15.06%	14.32%	11.25%	19.59%	20.00%	32.56%	52.56%	41.78%
Return on Tangible Assets Full definition →	23.17%	29.87%	36.07%	37.05%	11.91%	32.47%	46.88%	57.13%	69.80%	96.01%
Average Days of Receivables Full definition →	78.60	76.35	79.62	80.79	79.75	81.25	84.60	92.93	89.65	91.13
Research and Development Expense of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →	9.63%	9.87%	9.83%	9.74%	10.27%	9.80%	9.38%	9.63%	9.75%	10.09%
Intangible Assets out of Total Assets Full definition →	0.38	0.37	0.36	0.35	0.28	0.27	0.27	0.23	0.22	0.27
Share Based Compensation of Revenue Full definition →	0.12%	0.13%	0.14%	0.12%	0.13%	0.10%	0.11%	0.11%	0.14%	0.12%
Graham Net Nets Full definition →	(0.03)	0.00	0.01	(0.02)	0.02	0.03	(0.01)	0.03	0.03	0.01
Graham Number Full definition →	41.33	49.41	57.42	69.00	44.73	81.53	85.36	125.33	175.16	228.16
Earnings Yield Full definition →	4.23%	4.69%	8.19%	6.70%	2.61%	5.57%	5.52%	6.29%	4.77%	4.63%
Free Cash Flow Yield Full definition →	5.22%	6.91%	6.60%	6.45%	15.09%	4.14%	6.15%	8.28%	6.32%	4.34%
Revenue per Share Full definition →	124.26	129.73	139.91	163.23	159.38	183.17	221.82	265.70	312.47	377.63
Operating CF per Share Full definition →	4.32	6.18	4.66	6.33	14.61	5.90	9.97	19.00	30.20	28.95
Capex per Share Full definition →	(0.62)	(0.52)	(0.73)	(0.76)	(0.81)	(0.62)	(0.84)	(1.37)	(1.53)	(2.40)
Free Cash Flow per Share Full definition →	3.70	5.66	3.94	5.56	13.80	5.28	9.13	17.63	28.68	26.54
Cash per Share Full definition →	7.65	7.89	6.26	6.38	16.36	15.19	9.14	16.68	28.74	24.72
Shareholders Equity per Share Full definition →	25.31	28.25	29.97	36.61	37.20	41.67	39.54	52.17	63.04	81.70
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Book value per Share Full definition →	25.31	28.25	29.97	36.61	37.20	41.67	39.54	52.17	63.04	81.70
Free Cash Flow Full definition →	224.75	335.38	228.77	312.76	761.86	285.38	455.79	834.86	1,336.78	1,193.96
Working Capital Full definition →	657.34	633.56	651.81	721.27	957.70	1,029.26	708.45	928.62	1,235.33	1,072.41
Capital Expenditures Full definition →	(37.62)	(30.67)	(42.24)	(42.94)	(44.51)	(33.44)	(42.14)	(64.80)	(71.11)	(108.10)
Net Current Asset Value Full definition →	(145.38)	(7.28)	38.84	(112.69)	110.34	202.64	(88.34)	308.07	611.41	320.93
EV/EBIT Full definition →	13.89	14.29	8.44	10.42	17.22	11.92	12.74	10.62	14.74	15.56
Capex to Sales Full definition →	0.01	0.00	0.01	0.00	0.01	0.00	0.00	0.01	0.00	0.01
Price to Operating Income Full definition →	14.03	14.77	8.61	10.52	19.66	12.98	13.11	11.51	15.73	16.06
Other line items
Depreciation/Fixed assets Full definition →	0.62	0.70	0.60	0.59	0.67	0.74	0.69	0.66	0.64	0.74
Cash ROIC Full definition →	9.26%	13.68%	9.53%	11.46%	23.57%	8.55%	17.02%	25.60%	31.25%	24.94%
Accounts Receivable Turnover Full definition →	4.87	4.75	4.81	4.82	4.45	4.80	4.64	4.36	4.30	4.35
Accounts Payable Turnover Full definition →	13.17	12.24	11.35	11.87	11.07	11.95	11.96	11.76	12.60	12.66
Inventory Turnover Full definition →	173.76	163.19	162.86	188.93	157.85	156.41	135.57	106.85	114.33	123.50
Average Days of Payables Full definition →	28.09	31.69	34.37	31.06	33.13	31.90	32.73	32.56	28.98	32.69
Days of Inventory on Hand Full definition →	2.10	2.38	2.23	1.89	2.63	2.35	3.30	3.85	2.96	3.36
Average Receivables Full definition →	1,551.86	1,617.03	1,690.77	1,902.22	1,976.45	2,063.31	2,385.95	2,885.43	3,390.51	3,909.36
Average Payables Full definition →	494.73	534.53	609.97	658.75	668.64	703.08	791.78	892.63	936.53	1,082.26
Average Inventory Full definition →	37.49	40.08	42.52	41.38	46.89	53.72	69.87	98.21	103.22	110.96
Average Assets Full definition →	3,697.55	3,909.17	4,027.36	4,459.58	4,947.10	5,252.64	5,483.03	6,067.16	7,163.10	8,503.94
Average Common Equity Full definition →	1,509.00	1,606.03	1,707.78	1,899.61	2,055.51	2,153.17	2,113.69	2,222.55	2,704.75	3,306.84

Show all line items

Columns are period end dates · fundamentals updated 2 Nov 2026

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