EME
EMCOR Group Inc.Stock · IndustrialsS&P 500 Equal Weight 0.2% · S&P 500 0.06% · US Stock Market 0.05% · MSCI World 0.04%$754.10+1.72%
as of market close, Sep 4, 2026
☾ AH $754.10 +0.00%
EME financial statements
The full income statement, balance sheet, and cash-flow statement for EMCOR Group Inc. (EME), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 46.7M2024-09 46.0M2024-12 45.5M2025-03 44.8M2025-06 44.8M2025-09 44.8M2025-12 44.5M2026-03 44.4M2026-06 44.1M-5.5% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 17.0B+16.6% | 14.6B+15.8% | 12.6B+13.6% | 11.1B+11.8% | 9.90B+12.6% | |
| 3.28B+18.7% | 2.77B+32.3% | 2.09B+30.3% | 1.60B+6.8% | 1.50B+7.6% | ||
| Cost of revenue | 13.7B+16.1% | 11.8B+12.5% | 10.5B+10.8% | 9.47B+12.7% | 8.40B+13.5% | |
| Selling, general & administrative | 1.71B+20.7% | 1.42B+17.3% | 1.21B+16.6% | 1.04B+7.0% | 971M+7.5% | |
| Restructuring | — | — | — | 0.00 | 0.00-100.0% | |
| Amortization of intangibles | 119M+54.6% | 77.0M+14.7% | 67.1M+9.5% | 61.3M-4.3% | 64.1M+6.9% | |
| Provision for credit losses | 7.67M-55.7% | 17.3M+120.2% | 7.86M+52.1% | 5.17M-35.8% | 8.04M+146.0% | |
| Operating income | 1.71B+27.4% | 1.34B+53.6% | 876M+55.0% | 565M+6.4% | 531M+106.7% | |
| Interest expense | 12.0M+218.1% | 3.78M-78.0% | 17.2M+30.3% | 13.2M+117.4% | 6.07M-32.6% | |
| Interest & investment income | 20.0M-43.5% | 35.4M+129.7% | 15.4M+458.3% | 2.76M+190.9% | 949K-37.6% | |
| Equity-method income | 62.0K-36.7% | 98.0K-94.1% | 1.66M+324.6% | 391K+133.4% | -1.17M-8457.1% | |
| Pre-tax income | 1.72B+25.0% | 1.38B+57.8% | 873M+56.2% | 559M+5.6% | 529M+109.8% | |
| Income tax | 449M+21.2% | 370M+54.6% | 240M+56.9% | 153M+4.8% | 146M+22.0% | |
| 1.27B+26.4% | 1.01B+59.1% | 633M+55.9% | 406M+5.9% | 384M+188.5% | ||
| Net income to non-controlling interest | 0.00 | 0.00-100.0% | 335K | 0.00-100.0% | 169K | |
| $28.19+31.0% | $21.52+61.7% | $13.31+64.3% | $8.10+14.7% | $7.06+194.2% | ||
| EPS (basic) | $28.30+31.0% | $21.61+61.6% | $13.37+64.5% | $8.13+14.7% | $7.09+194.2% | |
| Weighted-avg shares (basic) | 45.0M-3.5% | 46.6M-1.6% | 47.4M-5.2% | 49.9M-7.7% | 54.1M-2.0% | |
| Weighted-avg shares (diluted) | 45.1M-3.6% | 46.8M-1.6% | 47.6M-5.1% | 50.1M-7.7% | 54.3M-1.9% | |
| Dividends per share | $1.00+7.5% | $0.93+34.8% | $0.69+27.8% | $0.54+3.8% | $0.52+62.5% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 5.94B+10.2% | 5.39B+21.2% | 4.45B+28.5% | 3.46B+2.1% | 3.39B+8.7% | ||
| Cash & equivalents | 1.11B-17.0% | 1.34B+69.6% | 790M+73.0% | 456M-44.4% | 821M-9.0% | |
| Accounts receivable | 4.24B+18.6% | 3.58B+11.7% | 3.20B+24.8% | 2.57B+16.5% | 2.20B+14.7% | |
| Prepaid expenses | 120M+31.2% | 91.6M+25.4% | 73.1M-7.9% | 79.3M-1.9% | 80.9M+14.4% | |
| 9.29B+20.4% | 7.72B+16.7% | 6.61B+19.6% | 5.52B+1.5% | 5.44B+7.5% | ||
| Property, plant & equipment | 253M+22.1% | 207M+15.7% | 179M+13.7% | 158M+3.8% | 152M-4.0% | |
| Operating lease right-of-use | 439M+38.9% | 316M+1.8% | 310M+15.8% | 268M+2.8% | 261M+7.7% | |
| Goodwill | 1.41B+38.7% | 1.02B+6.5% | 957M+4.1% | 919M+3.2% | 890M+4.5% | |
| Intangible assets | 1.11B+71.1% | 648M+10.6% | 586M-1.3% | 594M+0.8% | 589M+1.1% | |
| Other non-current assets | 141M+2.5% | 137M+5.2% | 130M+5.4% | 124M-21.7% | 158M+46.8% | |
| 4.86B+17.1% | 4.15B+18.1% | 3.52B+27.8% | 2.75B+16.6% | 2.36B+9.2% | ||
| Accounts payable | 1.23B+31.0% | 937M+0.1% | 936M+10.2% | 849M+15.7% | 734M+9.3% | |
| Deferred revenue | 2.33B+13.7% | 2.05B+28.4% | 1.60B+45.2% | 1.10B+39.3% | 788M+9.1% | |
| Short-term & current debt | — | — | 2.46M-84.2% | 15.6M-4.1% | 16.2M-4.0% | |
| Current lease liability | 99.2M+22.1% | 81.2M+8.0% | 75.2M+11.9% | 67.2M+16.3% | 57.8M+7.8% | |
| Other current liabilities | 341M+1.3% | 337M+6.8% | 315M+22.0% | 258M-5.9% | 274M+10.8% | |
| Finance lease liability (current) | 2.40M+6.9% | 2.25M-8.9% | 2.46M-7.1% | 2.65M-20.1% | 3.32M-16.9% | |
| 5.62B+17.6% | 4.78B+15.4% | 4.14B+16.6% | 3.55B+11.4% | 3.19B+5.9% | ||
| Long-term debt | — | — | 2.84M-98.8% | 232M-5.6% | 245M-5.5% | |
| Deferred revenue (non-current) | 837K-45.2% | 1.53M-15.8% | 1.81M-20.3% | 2.27M-9.3% | 2.50M+9.7% | |
| Non-current lease liability | 369M+41.1% | 262M+0.8% | 259M+17.5% | 221M-0.0% | 221M+7.5% | |
| Operating lease liability (total) | 468M+36.6% | 343M+2.4% | 335M+16.2% | 288M+3.3% | 279M+7.6% | |
| Finance lease liability (total) | 6.30M+3.3% | 6.10M+15.1% | 5.30M-17.9% | 6.46M-19.6% | 8.04M-19.4% | |
| Finance lease liability | 3.90M+1.3% | 3.85M+35.6% | 2.84M-25.5% | 3.81M-19.3% | 4.72M-21.0% | |
| Other non-current liabilities | 382M+5.6% | 362M+0.3% | 361M+4.9% | 344M-4.4% | 360M-5.8% | |
| 3.67B+25.1% | 2.94B+18.9% | 2.47B+25.1% | 1.97B-12.4% | 2.25B+9.7% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock | 613K+0.2% | 612K+0.2% | 611K+0.3% | 609K+0.3% | 607K+0.2% | |
| Additional paid-in capital | 101M+4.0% | 97.5M+6.2% | 91.8M+22.8% | 74.8M+20.9% | 61.9M+30.4% | |
| Retained earnings | 6.01B+25.7% | 4.78B+25.3% | 3.81B+18.7% | 3.21B+13.4% | 2.84B+14.3% | |
| Treasury stock | 2.43B+31.2% | 1.85B+37.1% | 1.35B+10.5% | 1.22B+117.5% | 562M+53.4% | |
| Accumulated other comprehensive income | -1.92M+97.8% | -85.5M+0.2% | -85.7M+8.3% | -93.5M-11.8% | -83.6M+23.5% | |
| Non-controlling interest | 1.04M+0.0% | 1.04M+0.0% | 1.04M+47.7% | 702K+0.0% | 702K+21.9% | |
| Total equity incl. non-controlling | 3.67B+25.1% | 2.94B+18.9% | 2.47B+25.1% | 1.97B-12.4% | 2.25B+9.7% | |
| Total liabilities & equity | 9.29B+20.4% | 7.72B+16.7% | 6.61B+19.6% | 5.52B+1.5% | 5.44B+7.5% | |
| Common shares issued | 61.3M+0.1% | 61.2M+0.2% | 61.1M+0.2% | 60.9M+0.3% | 60.7M+0.3% | |
| Common shares outstanding | 44.5M-2.8% | 45.8M-2.6% | 47.0M-1.3% | 47.7M-10.6% | 53.3M-2.7% | |
| Shares outstanding (cover) | 44.5M-2.1% | 45.5M-3.4% | 47.1M-1.3% | 47.7M-9.5% | 52.7M-3.9% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 1.30B-7.5% | 1.41B+56.5% | 900M+80.7% | 498M+56.2% | 319M-60.5% | ||
| Depreciation & amortization | 186M+39.5% | 134M+158.0% | 51.8M+9.6% | 47.3M-2.2% | 48.3M+3.5% | |
| Intangible amortization | 119M+54.6% | 77.0M+14.7% | 67.1M+9.5% | 61.3M-4.3% | 64.1M+6.9% | |
| Deferred income taxes | -16.1M+44.9% | -29.1M-74.9% | -16.7M-258.8% | 10.5M+10.2% | 9.52M+126.2% | |
| Change in receivables | 438M+40.5% | 312M-50.3% | 626M+84.2% | 340M+37.8% | 247M+277.1% | |
| Change in inventory | 27.0M+249.9% | -18.0M-176.7% | 23.4M-25.7% | 31.5M+27090.5% | 116K-99.1% | |
| Change in payables | 189M+1332.6% | -15.4M-118.7% | 82.2M-26.3% | 111M+103.3% | 54.8M+707.9% | |
| -874M-191.9% | -299M-85.6% | -161M-14.6% | -141M+8.0% | -153M-61.4% | ||
| Capital expenditure | 113M+50.4% | 75.0M-4.4% | 78.4M+59.1% | 49.3M+36.2% | 36.2M-24.6% | |
| Free cash flow | 1.19B-10.8% | 1.33B+62.3% | 821M+83.1% | 449M+58.7% | 283M-62.7% | |
| Acquisitions | 1.02B+348.0% | 228M+136.5% | 96.5M-2.2% | 98.7M-16.6% | 118M+134.8% | |
| Proceeds from sale of PP&E | 4.65M+21.0% | 3.84M-71.8% | 13.6M+90.4% | 7.14M+159.4% | 2.75M-20.5% | |
| -664M-19.5% | -555M-34.8% | -412M+42.0% | -710M-189.3% | -245M-42.8% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00-100.0% | |
| Long-term debt repaid | 0.00 | 0.00-100.0% | 246M+1674.2% | 13.9M+0.0% | 13.9M-95.2% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 586M+19.7% | 490M+283.5% | 128M-80.7% | 661M+237.8% | 196M+73.7% | |
| Dividends paid | 45.0M+3.8% | 43.4M+32.7% | 32.7M+20.2% | 27.2M-3.5% | 28.2M+59.3% | |
| Net change in cash | -228M-141.5% | 551M+65.5% | 333M+191.0% | -366M-351.3% | -81.0M-114.9% | |
| Interest paid | 11.1M+290.5% | 2.85M-82.5% | 16.2M+39.4% | 11.7M+121.6% | 5.26M-36.6% | |
| Income taxes paid | 483M+18.1% | 409M+77.6% | 230M+36.6% | 169M+29.0% | 131M-10.0% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 27.2B+32.0% | 20.6B+103.7% | 10.1B+43.6% | 7.06B+5.2% | 6.71B+33.9% | |
| P/E | 21.4×+4.4% | 20.5×+10.8% | 18.5×-0.0% | 18.5×+5.8% | 17.5×-53.6% | |
| P/S | 1.6×+13.2% | 1.4×+69.1% | 0.8×+27.8% | 0.7×-3.2% | 0.7×+18.9% | |
| P/B | 7.4×+5.5% | 7.0×+58.0% | 4.4×+16.0% | 3.8×+28.7% | 3.0×+22.0% | |
| P/FCF | 22.9×+47.9% | 15.5×+2.2% | 15.2×-15.3% | 17.9×-24.6% | 23.7×+259.2% | |
| Earnings yield | 4.7%-4.3% | 4.9%-9.7% | 5.4%+0.0% | 5.4%-5.5% | 5.7%+115.5% | |
| FCF yield | 4.4%-32.4% | 6.5%-2.1% | 6.6%+18.1% | 5.6%+32.6% | 4.2%-72.2% | |
| Dividend yield | 0.16%-20.2% | 0.20%-36.0% | 0.32%-12.2% | 0.36%-10.7% | 0.41%+16.7% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: EME’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all EME filings on SEC EDGAR → Not investment advice.