EMCOR Group, Inc. (EME) Financial Statements
Industry: Electrical Work
In fiscal 2025, EMCOR reported revenue of $16.99B, up 16.6% from $14.57B the year before. Net income was $1.27B (a 7.5% net margin), or $28.19 per diluted share. Gross margin was 19.3% and operating margin was 10.1%. Operating activities generated $1.30B of cash, leaving $1.19B of free cash flow. At fiscal year end, EMCOR held $9.29B in total assets against $5.62B in total liabilities, including $1.11B of cash and equivalents.
Open the full interactive EMCOR financials → Quarterly statements, key ratios, valuation history and price charts.
EMCOR Key Stats
| Share Price | $776.05 |
|---|---|
| Market Cap | $34.58B |
| P/E Ratio | 27.5 |
| Revenue YoY Growth | +16.6% |
| 52-Week Range | $580.64 – $943.26 |
| Shares Outstanding | 44.4 million (basic, 2026 Q2) |
EMCOR Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $8.80B | $9.90B | $11.08B | $12.58B | $14.57B | $16.99B |
| Cost of Goods Sold | $7.40B | $8.40B | $9.47B | $10.49B | $11.80B | $13.70B |
| Gross Profit | $1.40B | $1.50B | $1.60B | $2.09B | $2.77B | $3.28B |
| Operating Income | $256.8M | $530.8M | $564.9M | $875.8M | $1.34B | $1.71B |
| Pre-Tax Income | $252.3M | $529.3M | $558.8M | $872.9M | $1.38B | $1.72B |
| Income Tax | $119.4M | $145.6M | $152.6M | $239.5M | $370.2M | $448.8M |
| Net Income | $132.9M | $383.5M | $406.1M | $633.0M | $1.01B | $1.27B |
| Diluted EPS | $2.40 | $7.06 | $8.10 | $13.31 | $21.52 | $28.19 |
EMCOR Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $4.30B | $4.51B | $4.63B | $5.15B |
| Net Income | $295.4M | $434.6M | $305.5M | $403.7M |
| Diluted EPS | $6.57 | $9.63 | $6.84 | $9.06 |
EMCOR Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $902.9M | $821.3M | $456.4M | $789.8M | $1.34B | $1.11B |
| Current Assets | $3.12B | $3.39B | $3.46B | $4.45B | $5.39B | $5.94B |
| Total Assets | $5.06B | $5.44B | $5.52B | $6.61B | $7.72B | $9.29B |
| Current Liabilities | $2.16B | $2.36B | $2.75B | $3.52B | $4.15B | $4.86B |
| Total Long-Term Debt | $259.6M | $261.7M | $247.2M | $5.3M | — | — |
| Total Liabilities | $3.01B | $3.19B | $3.55B | $4.14B | $4.78B | $5.62B |
| Shareholders' Equity | $2.05B | $2.25B | $1.97B | $2.47B | $2.94B | $3.67B |
EMCOR Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $806.4M | $318.8M | $497.9M | $899.7M | $1.41B | $1.30B |
| Cash From Investing | -$94.9M | -$153.1M | -$140.8M | -$161.3M | -$299.3M | -$873.6M |
| Cash From Financing | -$171.9M | -$245.5M | -$710.1M | -$412.1M | -$555.4M | -$663.8M |
| Free Cash Flow | $758.4M | $282.6M | $448.6M | $821.3M | $1.33B | $1.19B |
Figures from EMCOR's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full EMCOR financials page for every line item.
EMCOR Company Profile
| Ticker | EME |
|---|---|
| Exchange | NYSE |
| Industry | Electrical Work |
| Headquarters | Norwalk, Connecticut |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000105634 |
Frequently Asked Questions
What was EMCOR's revenue in fiscal 2025?
EMCOR (EME) reported revenue of $16.99B for fiscal 2025.
What is EMCOR's annual revenue history?
EMCOR's annual revenue by fiscal year: 2020: $8.80B; 2021: $9.90B; 2022: $11.08B; 2023: $12.58B; 2024: $14.57B; 2025: $16.99B.
What was EMCOR's net income in fiscal 2025?
EMCOR reported net income of $1.27B for fiscal 2025.
What was EMCOR's earnings per share (EPS) in fiscal 2025?
EMCOR's diluted EPS was $28.19 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did EMCOR generate in fiscal 2025?
EMCOR generated $1.19B of free cash flow in fiscal 2025.
What was EMCOR's revenue last quarter?
In its most recent reported quarter (2026 Q2), EMCOR reported revenue of $5.15B.
How many shares of EMCOR are outstanding?
EMCOR reported a weighted average of 44.4 million basic shares outstanding in 2026 Q2.
What is EMCOR's market cap?
Based on its latest closing price, EMCOR (EME) has a market capitalization of about $34.58B.
When does EMCOR's fiscal year end?
EMCOR's fiscal year end, as registered with the SEC, is December 31.
Where is EMCOR headquartered?
EMCOR lists its business address in Norwalk, Connecticut in its SEC filings.