Emcor

NYSE: EME

Stock price

739.87 USD

(+0%) TODAY

Financial Performance

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5Y price score: 712

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The price score is a basic measure of the stock's performance against the S&P 500 Index over a five-year period.

A score of 100 indicates that the stock did as well as the S&P 500 Index.

A score below 100 means the stock underperformed the index, while a score above 100 means it outperformed the S&P 500.

10Y return: 1,197.3%

DATE RANGE:

US$ Per
Share

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564.9

52-week range

951.9

739.87

Your model inputs

Required return / cost of capital
%
FCFF terminal growth rate
%

Your fair value & Margin of safety

To calculate fair value based on cost of capital and terminal growth assumptions above, please select free cash flow forecast.

Forecast:

Valuation

Free Cash Flow Yield

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FCF Yield TTM = Trailing Twelve Months free cash flow per share / current market price per shareLearn more

3.5 %

Dividend Yield TTM

0.2 %

Market cap $

$ 32,636

Price / Earnings TTM

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P/E TTM = current market price per share / Trailing Twelve Months diluted earnings per shareLearn more

23.1

Price / Book TTM

8.2

PEG TTM

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Price/Earnings-to-Growth ratio = P/E TTM divided by most recent annual diluted earnings per share growth rateLearn more

0.7

Earnings growth and return

LTM

5YR

10YR

Total return (price & dividends)

21.6 %

507.4 %

1,197.3 %

Free cash flow per share growth

55.7 %

92.9 %

622.8 %

Earnings per share growth

33.3 %

1,074.6 %

936.4 %

Founded: 1,994

Employees: 40,400

Business Summary:EMCOR Group, Inc. specializes in delivering comprehensive electrical and mechanical construction services, alongside integrated facilities management solutions, primarily serving clients across the United States and the United Kingdom. The company's construction expertise spans the entire project lifecycle, encompassing initial design and integration through installation, commissioning, operation, and ongoing maintenance. This includes vital electrical infrastructure such as power transmission, distribution, and generation systems, advanced energy efficiency solutions, and premise-specific electrical and lighting systems. They also implement sophisticated process instrumentation for critical industries like refining, chemical processing, and food production, in addition to low-voltage networks covering fire alarms, security, process controls, and voice/data communications. Furthermore, EMCOR handles public infrastructure projects involving roadway and transit lighting, signaling, and fiber optic lines. On the mechanical front, EMCOR offers advanced HVAC, refrigeration, and geothermal climate control systems, specialized clean-room process ventilation, and essential fire protection and suppression systems. Their capabilities extend to plumbing, process, and high-purity piping, various controls and filtration systems, water and wastewater treatment, and central plant heating and cooling. The firm also undertakes heavy industrial tasks such as crane and rigging, millwright services, and steel fabrication, erection, and welding. Beyond construction, EMCOR provides extensive integrated facilities management and operational support. This encompasses day-to-day operations and maintenance for commercial and government sites, critical outage services for utilities and industrial plants, military base support, and mobile mechanical maintenance. Supplementary services include indoor air quality management, janitorial and landscaping duties, vendor coordination, call center operations, building systems installation and support, program management for energy systems, technical consulting, and the execution of infrastructure, building, and retrofit projects. The company also delivers specialized industrial services tailored for the oil, gas, and petrochemical sectors. EMCOR Group, Inc. was established in 1987 and maintains its headquarters in Norwalk, Connecticut.

Fair Value Reference Estimate

Latest Earnings Call Takeaways

2026 Q2 (Jul 30, 2026)

1) Strong Financial Performance
- Revenues for Q2 2026 were $5.15 billion, a 19.8% increase YoY, with organic growth at 19.6%.
- Operating income reached $547 million, yielding an operating margin of 10.6%.
- Diluted earnings per share (EPS) rose 35% YoY to $9.06.
- Electrical Construction revenues grew 24%, while Mechanical Construction saw a 31% increase.
- U.S. Building Services segment revenues increased 5.6%, and Industrial Services revenues rose 26%.

2) Record Remaining Pro Forma Obligations (RPOs)
- Total RPOs hit a record $17.14 billion, up 44% YoY and 29% from December.
- 95% of this growth was organic, indicating strong customer demand across sectors, particularly in network and communications.
- The company is seeing expanding opportunities in AI infrastructure and digital transformation initiatives.

3) Strategic Acquisitions and Capital Allocation
- EMCOR continues to execute its acquisition strategy, recently acquiring five companies that collectively generated $625 million in revenue and $105 million in EBITDA.
- The acquisitions are expected to contribute $250 million to $275 million in revenue for the second half of 2026.
- The company emphasizes a balanced capital allocation strategy, returning cash to shareholders while investing in growth.

4) Guidance and Outlook
- Full-year 2026 revenue guidance has been raised to between $20 billion and $20.5 billion, with diluted EPS expected between $32 and $33.25.
- The outlook reflects sustained demand across key markets and confidence in operational capabilities.
- EMCOR is focused on maintaining pricing discipline and delivering exceptional value to customers.

5) Challenges and Market Dynamics
- The company acknowledges macroeconomic uncertainties, including geopolitical conflicts and commodity cost fluctuations, but remains confident in its ability to manage these complexities.
- There was no specific mention of challenges related to labor availability or project delays, but the management is aware of potential impacts from state moratoriums on data centers.

Bottom line: EMCOR's robust financial performance, record RPOs, and strategic acquisitions position the company for continued growth and value creation, making it an attractive prospect for shareholders despite potential macroeconomic headwinds.

Annual Reports, Presentations And IR Contacts

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Emcor — Financial Overview, Stock Price, Market Cap

Emcor is a company. Founded in 1994. As of August 26, 2026, the company's market capitalization is $32635592453 with a current stock price of $739.87.