EME · NYSE · Engineering & Construction

EMCOR Group (EME)

Installs and services electrical and mechanical systems across complex U.S. facilities.

$757.71
vs last close0.00 (0.00%)
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EMCOR Group, Inc.EME
Industrials

Installs and maintains electrical, mechanical, plumbing, fire-protection, and building-control systems for nonresidential facilities across the United States. Construction supplies most revenue; about 100 operating subsidiaries also provide HVAC retrofits, site-based maintenance, refinery turnarounds, and heat-exchanger work under a local-execution, national-reach model.

Installs, services, operates, and protects electrical and mechanical systems and critical infrastructure for nonresidential facilities across the United States. Operations span U.S. electrical construction and facilities services, U.S. mechanical construction and facilities services, U.S. building services, and U.S. industrial services.

Serves data centers, high-tech manufacturing, healthcare, institutional, water and wastewater, commercial, and industrial customers. Construction provides most revenue; building services covers HVAC retrofits, automation, energy-efficiency work, and site-based maintenance, while industrial services handles refinery turnarounds, specialty welding, and heat-exchanger work.

About 100 operating subsidiaries retain local market and customer relationships while drawing on national financial resources, safety practices, prefabrication, and virtual design and construction. Execution depends on skilled-trade labor, disciplined project selection, and cost control; many large projects also require surety bonding.

Company facts

CEOAnthony J. Guzzi
ListedJan 10, 1995
ExchangeNYSE
HeadquartersNorwalk, CT
CountryUnited States
Employees44,000
CIK0000105634
ISINUS29084Q1004

Market cap$33.42B
EPS (ttm)$32.01
P/E (ttm)23.67
ROE38.4%
P/B8.19
P/S1.80
Dividend yieldDiv yield0.19%
Beta1.84vs XLI 0.99

Price target$1,047.00+38.2%Average of 14 analysts
ConsensusBuy9 of 14 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 10, 2026D.A. DavidsonTarget
Target: $800
Target: $1,047
Aug 10, 2026Cantor FitzgeraldReiterate
Rating: Target:
Rating: OverweightTarget: $1,047
Jul 31, 2026UBSReiterate
Rating: Target: $945
Rating: BuyTarget: $1,065
Jul 31, 2026OppenheimerReiterate
Rating: Target: $1,100
Rating: OutperformTarget: $1,200
May 28, 2026OppenheimerTarget
Target:
Target: $1,100

Next report
Oct 29, 26
in 37 days
EPS estimate
$8.33
Revenue estimate
$5.19B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$6.32$5.41$6.72$6.57$7.19$6.84$9.06Pending
Estimate$5.53$4.63$5.74$6.54$6.68$5.90$7.23$8.33
Surprise+14.3%+16.8%+17.1%+0.5%+7.6%+15.9%+25.3%

RevenueReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$3.77B$3.87B$4.30B$4.30B$4.51B$4.63B$5.15BPending
Estimate$3.80B$3.78B$4.11B$4.28B$4.28B$4.20B$4.71B$5.19B
Surprise−0.9%+2.2%+4.8%+0.5%+5.4%+10.2%+9.4%
Estimate$8.33
ReportedDue Oct 29, 2026
Estimate$5.19B
ReportedDue Oct 29, 2026
View details

Debt to equity13.30%
Current ratio127.70%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$3.70B$3.77B$3.87B$4.30B$4.30B$4.52B$4.63B$5.15B
Net income$270.3M$292.2M$240.7M$302.2M$295.4M$431.8M$305.5M$403.7M
Net margin7.3%7.7%6.2%7.0%6.9%9.6%6.6%7.8%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$363.5M$388.6M$318.8M$415.2M$405.7M$531.6M$403.8M$547.3M
YoY growth+54.7%+34.4%+22.6%+24.8%+11.6%+36.8%+26.7%+31.8%

Balance sheet, Jun 30, 2026Cash & short-term investments $924.4M · Total debt $541.9M · Total assets $10.16B · Shareholders' equity $4.08B

Revenue
$5.15B
Operating income
$547.3M
Net income
$403.7M
View details

Dividend yield
0.19%
Next ex-date
Oct 15, 26
estimated · in 23 days
Annual dividend
$1.45
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Oct '24Jan '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26
Dividend$0.25$0.25$0.25$0.25$0.25$0.40$0.40$0.40
Annual yield0.21%0.20%0.26%0.18%0.14%0.17%0.16%0.19%
Ex-dateOct 15Jan 16Apr 17Jul 15Oct 15Jan 14Apr 16Jul 15
Payment dateOct 30Jan 31Apr 30Jul 31Oct 30Jan 30Apr 30Jul 31
View details

Institutions94.70%41.77M shares
1,274 holders · as of Jun 30, 2026
Insiders0.72%316.4K shares
13 holders · as of Aug 3, 2026
Other4.58%2.02M shares
remainder

44.11M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
9.33%4.12Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
6.58%2.90Mas of Jun 30, 2026
Vanguard Portfolio Management LLCInstitution
4.51%1.99Mas of Jun 30, 2026
State Street CorpInstitution
4.49%1.98Mas of Jun 30, 2026
FMR LLCInstitution
3.03%1.33Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jun 17, 2026Carol P. Lowedirector−950$844.50
May 11, 2026William P. Reiddirector−2,000$925.78
May 1, 2026John W. Altmeyerdirector−2,500$895.00
Apr 30, 2026Steven Schwarzwaelderdirector−5,602$895.19
Apr 30, 2026Jason R. Nalbandianofficer: SVP, CFO, Chief Acct. Officer−800$856.43
View details

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Compare

CompanyPriceChange
EMCOR Group$757.710.00%$33.42B23.721.71.8+19.8%
Comfort Systems USA$1,624.29−0.51%$57.46B40.230.75.1+50.3%
APi Group$37.81+0.93%$16.19B20.41.9+13.3%
Quanta Services$645.19+0.40%$96.61B73.635.82.9+41.1%
MasTec$226.07+1.42%$17.90B35.620.41.1+23.4%
Everus Construction Group$116.55−0.19%$5.96B23.521.11.4+33.7%
MYR Group$289.70+0.43%$4.49B27.422.51.1+20.2%
ABM Industries$50.12+1.40%$2.90B17.811.90.3+4.2%
IES$320.96−0.23%$12.82B28.625.53.2+39.6%
Median28.621.81.7+28.5%