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) Price to free cash flow

Alert me on Price to free cash flow

As of 16 October 2026, EMCOR Group, Inc. (EME) trades at a price to free cash flow of 27.2×. Over the past ten years it has ranged from 5.1× (October 2020) to 38.8× (May 2026); the current reading is higher than 94% of that period. That is above the Engineering & Construction industry median of 24.8× and above the Industrials sector median of 20.1×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 23.0× 45.62%
FY2024 15.8× 31.14%
FY2023 12.1× (25.71%)
FY2022 16.2× (32.68%)
FY2021 24.1× 264.25%
FY2020 6.6× (57.28%)
FY2019 15.5× 2.29%
FY2018 15.2× 4.71%
FY2017 14.5× (24.40%)
FY2016 19.2× 49.26%

Quarterly newest first

Period Price to free cash flow Change
Jun 2026 31.4× 3.20%
Mar 2026 30.4× 31.84%
Dec 2025 23.0× (8.64%)
Sep 2025 25.2× 27.64%
42 more quarters

Against its own ten years

Low 5.1× High 38.8×
Ten-year median 15.8×
Current reading's percentile 94

Price to free cash flow against peers

Company Price to free cash flow
FER Ferrovial N.V. compare n/m
FIX Comfort Systems USA, Inc. compare 24.7×
APG APi Group Corporation compare 24.9×
J Jacobs Solutions Inc. compare 25.6×
STRL Sterling Infrastructure, Inc. compare 26.7×
EME EMCOR Group, Inc. 27.2×
PWR Quanta Services, Inc. compare 40.4×
IESC IES Holdings, Inc. compare 43.8×
MTZ MasTec, Inc. compare 50.6×
Engineering & Construction industry median 24.8×
Industrials sector median 20.1×
Market median 14.2×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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