EMCOR Group provides electrical and mechanical construction, industrial infrastructure and building services. It installs and maintains power, lighting, heating, cooling and ventilation systems for commercial, industrial, institutional and data center customers, and also offers facilities maintenance. Revenue comes from construction contracts and recurring service work, so results depend on project backlog and nonresidential building activity.
The company reported revenue of $18.6 billion for the last twelve months at EMCOR Group, Inc.. Revenue growth over the past three years averaged 15.3% a year. It kept an operating margin of 10.4%. The return on invested capital reached 45%, a measure of profit earned on the money invested in the business. The company pays a dividend, and the yield is 0.2%. On the site's X-Ray Score, it rates 66 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
52-wk range $563.71 – $950.96Volume 268,000Daily, split-adjusted
Vitals
Market cap$32.2B
52-week range$563.71 – $950.96
Volume (last day)268,000
P/E (TTM)22.5
EBIT / EV yield6.2%
Free-cash-flow yield3.6%
Dividend yield0.2%
Revenue (TTM)$18.6B
Net income (TTM)$1.4B
Operating margin10.4%
Return on capital45.2%
Debt incl. leasesData missing
Cash & securities$924M
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$771model spread $730 – $817
Fair+6.8% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is High, so the safety margin is 40%.
Multiples use through-the-cycle earnings (0.61x of the last twelve months)
Peak-cycle earnings: the current operating margin is more than 1.5x its 7-year average, so the fair value range is widened
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Average business, fairly priced
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Industrials peers. Open a lens to see the numbers behind it.
ValuationFair
60/100
Priced about in line with its sector.
See the numbers →
EBIT / EV yield6.2%
Free-cash-flow yield3.6%
Fair value vs price1.1×
GrowthStrong
88/100
Growing faster than most of its sector.
See the numbers →
Revenue growth (3y)15.3%
EPS growth (3y)51.5%
Growth consistency100%
ProfitabilityFair
53/100
Returns on capital are typical for its sector.
See the numbers →
Return on invested capital45.2%
Operating margin10.4%
Gross profitability35.6%
Financial healthStrong
70/100
Balance sheet looks strong: debt is well covered.
See the numbers →
Piotroski F-Score7 / 9
Interest coverNo interest cost
DividendsFair
53/100
Dividend is typical for its sector.
See the numbers →
Dividend yield0.2%
Dividends vs free cash flow6%
Dividend growth18.3%
Quarterly results: last 6 quarters
+12.7%Mar '25
+17.4%Jun '25
+16.4%Sep '25
+19.7%Dec '25
+19.7%Mar '26
+19.8%Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $5.2B, diluted EPS $9.06.
Other Construction & Engineering companies by X-Ray Score.
Fundamentals checklist
● 10 Good · ● 3 Average · ● 2 Bad
Cash quality
Earnings backed by cashBad
Free-cash-flow yieldAverage
Risk models
Altman Z''Good
Piotroski F-ScoreGood
Growth
EPS growth (3y)Good
Free-cash-flow growth (3y)Good
Revenue growth (3y)Good
Growth consistencyGood
Balance sheet
Current ratioAverage
Interest coverGood
Valuation
Fair value vs priceAverage
EBIT / EV yieldGood
Profitability
Return on invested capitalGood
Operating marginBad
Gross profitabilityGood
Each check is graded against the company's sector, not a fixed number. Checklist score 65/100.
Financials
FY21
FY22
FY23
FY24
FY25
Revenue
$9.9B
$11.1B
$12.6B
$14.6B
$17.0B
Operating income
$531M
$565M
$876M
$1.3B
$1.7B
Net income
$384M
$406M
$633M
$1.0B
$1.3B
Operating cash flow
$319M
$498M
$900M
$1.4B
$1.3B
Operating margin
5.4%
5.1%
7.0%
9.2%
10.1%
Free cash flow
$283M
$449M
$821M
$1.3B
$1.2B
Diluted EPS
$7.06
$8.10
$13.31
$21.52
$28.19
Fiscal years, from SEC filings.
Technical summary
Daily
Strongly bearish
3 bullish · 1 neutral · 12 bearish
Weekly
Bearish
3 bullish · 1 neutral · 8 bearish
Monthly
Bullish
5 bullish · 1 neutral · 2 bearish
Moving averages (daily)
SMA 10
770.7
Bearish
EMA 10
757.5
Bearish
SMA 20
766.1
Bearish
EMA 20
762.6
Bearish
SMA 50
771.1
Bearish
EMA 50
769.2
Bearish
SMA 100
785.1
Bearish
EMA 100
775.8
Bearish
SMA 200
779.5
Bearish
EMA 200
754.7
Bearish
Oscillators (daily)
RSI (14)
38.69
Neutral
MACD (12, 26)
-4.19
Bearish
Momentum (12)
-4.30
Bearish
Stochastic %K (14)
13.02
Bullish
Williams %R (14)
-86.98
Bullish
CCI (20)
-158.5
Bullish
Pivot points (classic, last session)
S3
697.4
S2
708.4
S1
715.1
Pivot
726.1
R1
732.7
R2
743.8
R3
750.4
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
1.60 USD
Yield on today's price
0.22%
Frequency
Quarterly
Next ex-dividend date
Not announced
Ex-dividend date
Amount per share
15 Oct 2026
0.4000
15 Jul 2026
0.4000
16 Apr 2026
0.4000
14 Jan 2026
0.4000
15 Oct 2025
0.2500
15 Jul 2025
0.2500
17 Apr 2025
0.2500
16 Jan 2025
0.2500
15 Oct 2024
0.2500
15 Jul 2024
0.2500
15 Apr 2024
0.2500
12 Jan 2024
0.1800
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.