Emcor Group, Inc.

Emcor Group, Inc.

EME

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Market Cap$35.44B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Emcor Group, Inc.Emcor Group, Inc.24.80.18%35%1.90.2

Earnings Call Q2 2026

July 30, 2026 - AI Summary

Strong Q2 2026 results (broad-based growth) - Revenue $5.15B, up 19.8% YoY (19.6% organic). - Operating income $547M with record 10.6% operating margin (operating income up ~32% YoY; margin +100 bps). - Diluted EPS $9.06, up ~35% YoY. - Segment highlights: Electrical Construction +24% revenue with 13.9% margin; Mechanical Construction +31% with 12.5% margin; Building Services +5.6% revenue with +26.6% operating income; Industrial Services +26% revenue.
Record backlog/RPO drives visibility (and momentum into 2H) - Total RPOs: $17.14B, up 44% YoY and +29% vs. Dec. - 95% of the sequential growth was organic; sequential growth noted as ~10% from March. - Management attributed strength mainly to network & communications / data centers (also expanding with AI infrastructure and digital transformation) plus broad-based strength in water & wastewater, healthcare, and institutional.
Full-year 2026 guidance raised (revenue and EPS up; still tempered by acquisitions’ accounting effects) - New outlook: Revenue $20.0B–$20.5B and Diluted EPS $32.00–$33.25. - Tone: higher guidance backed by first-half performance + RPO visibility; management emphasized near-term EPS can be “moderated” due to acquisition-related backlog amortization and intangible amortization / interest impacts. - Key drivers expected to persist: continued demand, disciplined execution, pricing discipline, and overhead/SGL&A leverage from revenue acceleration.

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$1036.80

Target Price by Analysts

30% upsideEmcor Group Target Price DetailsTarget Price
$564.60

Current Fair Value

29.2% downside

Overvalued by 29.2% based on the discounted cash flow analysis.

Share Statistics

Market cap$35.44 Billion
Enterprise Value$35.47 Billion
Dividend Yield$1.45 (0.18%)
Earnings per Share$28.19
Beta1.13
Outstanding Shares45,051,000

Return

Return on Equity35.21%ROE
Return on Assets14.14%
Return on Invested Capital41.21%

Valuation & Multiples

P/E Ratio24.83P/E Ratio
PEG73.88PEG
Price to Sales1.94Price to Sales
Price to Book Ratio8.86Price to Book Ratio
Enterprise Value to Revenue1.91
Enterprise Value to EBIT17.45
Enterprise Value to Net Income24
Total Debt to Enterprise0.03
Debt to Equity0.23Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
July 30, 2026
EPS Estimate
$7.23
Average shareholder expectation
Revenue Estimate
$4.71 B
Average shareholder expectation

Next Earnings Call

Expected Date
October 29, 2026
EPS Estimate
$7.44
Average shareholder expectation
Revenue Estimate
$5.01 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.0000 60.46%
Total Calls- 100.00%
Total Puts- 100.00%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %4.81% 86.97%
Total Invested$1.78B 94.17%
Investors Holding481 697.00%

ESG Score

No data

About Emcor Group, Inc.

CEO: Anthony Guzzi

Relevant Senate Committees

Joint Committee on Taxation

Provides critical analysis and revenue estimates for all tax legislation, directly influencing corporate tax structures and capital investment credits that affect Emcor's financial strategy and projects.

Finance

Controls taxation and trade policy, directly impacting corporate profitability, capital investment incentives for Emcor, and the overall economic environment for construction.

Appropriations

Directly allocates federal spending across all government sectors, making it a critical committee for determining the actual funding for infrastructure, defense, and government building projects Emcor bids on.

Health, Education, Labor, and Pensions

Regulates labor laws, directly influencing Emcor's operational costs and workforce management, and also oversees construction of healthcare and educational facilities.

Armed Services

Oversees the Department of Defense and authorizes the NDAA, directly influencing spending on military bases and defense infrastructure, a significant source of government contracts for Emcor.

Banking, Housing, and Urban Affairs

Regulates the financial system and real estate markets, directly impacting urban development, housing, and commercial construction projects, which are significant drivers for Emcor's business.

Energy and Natural Resources

Oversees national energy policy, public lands, and the Department of Energy, directly impacting projects in energy infrastructure (renewables, power plants) where Emcor's services are essential.

Environment and Public Works

Drives federal infrastructure programs and public works spending, which directly benefits construction and electrical contracting firms like Emcor.

Homeland Security and Governmental Affairs

Regulates federal procurement and the executive branch, directly impacting Emcor's potential for federal government contracts for electrical and infrastructure work.