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

607.32 12.00 +2.02%
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

EMCOR Group, Inc. (EME) Free cash flow margin

Alert me on Free cash flow margin

EMCOR Group, Inc.'s free cash flow margin over the twelve months to 30 September 2026 was 7.49%, up 0.5 percentage points from fiscal 2025 (7.03%). Over the past ten years it has ranged from 2.81% (fiscal 2018) to 9.18% (fiscal 2024); the current reading is higher than 82% of that period. That is above the Engineering & Construction industry median of 1.12% and above the Industrials sector median of 2.06%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 7.03% (2.15)
FY2024 9.18% 2.55
FY2023 6.63% 2.51
FY2022 4.12% 1.24
FY2021 2.88% (5.78)
FY2020 8.66% 5.25
FY2019 3.41% 0.60
FY2018 2.81% (1.55)
FY2017 4.36% 1.38
FY2016 2.98% (0.52)

Against its own ten years

Low 2.81% High 9.18%
Ten-year median 4.12%
Current reading's percentile 82

Free cash flow margin against peers

Company Free cash flow margin
FIX Comfort Systems USA, Inc. compare 19.5%
TTEK Tetra Tech, Inc. compare 10.8%
PWR Quanta Services, Inc. compare 8.33%
APG APi Group Corporation compare 7.81%
EME EMCOR Group, Inc. 7.49%
J Jacobs Solutions Inc. compare 4.56%
MTZ MasTec, Inc. compare 2.69%
ACM AECOM compare 1.32%
FER Ferrovial N.V. compare 0.00%
Engineering & Construction industry median 1.12%
Industrials sector median 2.06%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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