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. In the quarter to June 2026, revenue grew 19.8%, EPS grew 34.9% and free cash flow grew 55.6%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for five.

720.65 11.88 −1.62%
Market cap
$32.3B
P/E
22.3×
Fwd P/E
28.0×
Dividend yield
0.22%
F-score
7/9
Altman Z
6.42
Beneish M
−2.26
Dividend safety
93/100

EMCOR Group, Inc. (EME) Gross margin

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EMCOR Group, Inc.'s gross margin over the twelve months to 30 June 2026 was 19.4%, up 0.1 percentage points from fiscal 2025 (19.3%). Over the past ten years it has ranged from 13.7% (fiscal 2016) to 19.3% (fiscal 2025) — the current reading is the highest in ten years. That is in line with the Engineering & Construction industry median of 18.8% and below the Industrials sector median of 30.5%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 19.3% 0.35
FY2024 19.0% 2.38
FY2023 16.6% 2.12
FY2022 14.5% (0.68)
FY2021 15.2% (0.70)
FY2020 15.9% 1.08
FY2019 14.8% (0.05)
FY2018 14.8% (0.09)
FY2017 14.9% 1.18
FY2016 13.7% (0.32)

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 19.8% 1.16
Mar 2026 18.7% (1.08)
Dec 2025 19.8% 0.33
Sep 2025 19.4% 0.05
42 more quarters

Against its own ten years

Low 13.7% High 19.3%
Ten-year median 14.9%
Current reading's percentile 98

Gross margin against peers

Company Gross margin
APG APi Group Corporation compare 31.4%
IESC IES Holdings, Inc. compare 26.3%
FIX Comfort Systems USA, Inc. compare 25.7%
STRL Sterling Infrastructure, Inc. compare 23.8%
J Jacobs Solutions Inc. compare 22.1%
EME EMCOR Group, Inc. 19.4%
PWR Quanta Services, Inc. compare 15.5%
MTZ MasTec, Inc. compare 12.9%
FER Ferrovial N.V. compare —
Engineering & Construction industry median 18.8%
Industrials sector median 30.5%
Market median 46.2%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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