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) Operating margin

Alert me on Operating margin

EMCOR Group, Inc.'s operating margin over the twelve months to 30 June 2026 was 10.4%, up 0.3 percentage points from fiscal 2025 (10.1%). Over the past ten years it has ranged from 2.92% (fiscal 2020) to 10.1% (fiscal 2025) — the current reading is the highest in ten years. That is above the Engineering & Construction industry median of 6.26% and above the Industrials sector median of 5.13%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 10.1% 0.86
FY2024 9.23% 2.27
FY2023 6.96% 1.86
FY2022 5.10% (0.26)
FY2021 5.36% 2.44
FY2020 2.92% (2.10)
FY2019 5.02% 0.06
FY2018 4.96% 0.68
FY2017 4.28% 0.22
FY2016 4.06% (0.21)

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 10.6% 1.89
Mar 2026 8.73% (3.98)
Dec 2025 12.7% 3.28
Sep 2025 9.43% (0.22)
42 more quarters

Against its own ten years

Low 2.92% High 10.1%
Ten-year median 5.02%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
STRL Sterling Infrastructure, Inc. compare 17.5%
FIX Comfort Systems USA, Inc. compare 16.5%
IESC IES Holdings, Inc. compare 12.4%
EME EMCOR Group, Inc. 10.4%
APG APi Group Corporation compare 7.17%
PWR Quanta Services, Inc. compare 6.19%
MTZ MasTec, Inc. compare 5.13%
J Jacobs Solutions Inc. compare 4.57%
FER Ferrovial N.V. compare —
Engineering & Construction industry median 6.26%
Industrials sector median 5.13%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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