EMCOR Group
- Revenue$9.9 BFY, 2021
- Market Capitalization$6.2 B2022-08-02
OverviewSuggest Edit
EMCOR Group is a provider of mechanical and electrical construction, industrial and energy infrastructure, and building services. The company designs, integrates, installs, starts-up, operates, and maintains electric power transmission and distribution systems, and premises electrical and lighting systems. It offers process instrumentation in the refining, chemical process, food process, and mining industries, as well as low-voltage, voice and data communications, fire protection, water and wastewater treatment, controls, and filtration systems. EMCOR also provides roadway and transit lighting and fiber-optic lines, heating, ventilation, air conditioning, refrigeration, plumbing, processing, and piping systems, as well as steel fabrication, erection, and welding.
| Type | Public | |
| Founded | 1994 | |
| HQ | Norwalk, CT, US | Map |
| Website | emcorgroup.com | |
| Employee Ratings | ||
| Overall Culture | C+ | More |
Recent NewsAll News
- EMCOR Group – Consensus Indicates Potential 17.4% Upside
- EMCOR Group, Inc. Third Quarter Conference Call To Be Broadcast Over The Internet
- EMCOR Group, Inc. Declares Regular Quarterly Dividend
- EMCOR Group, Inc. to Speak at the D.A. Davidson 19th Annual Diversified Industrials & Services Virtual Conference
Key People/Management at EMCOR Group
Anthony J. Guzzi
Chairman, President and Chief Executive Officer
Michael P. Bordes
President and CEO, EMCOR Building Services
Douglas R. Harrington
President and CEO,
EMCOR Industrial Services
Keith Chanter
CEO, EMCOR UK
Mark A. Pompa
Executive Vice-President, Chief Financial Officer
Peter Baker
Vice President, Chief Information Officer
EMCOR Group Office Locations
EMCOR Group has offices in Norwalk, Allentown, Arlington, Bakersfield and in 67 other locations
Norwalk, CT, US (HQ)
301 Merritt 7
Allentown, PA, US
6801 Tilghman St #127
Arlington, VA, US
2800 Crystal Dr #600
Bakersfield, CA, US
1822 Norris Rd
Birmingham, AL, US
33 Barber Ct
Bohemia, NY, US
163 Keyland Ct
EMCOR Group Financials and Metrics
EMCOR Group Revenue
EMCOR Group's revenue was reported to be $9.9 b in FY, 2021
| USD | |
|---|---|
Revenue (Q2, 2022) | 2.7b |
Gross profit (Q2, 2022) | 383.0m |
Gross profit margin (Q2, 2022), % | 14.1% |
Net income (Q2, 2022) | 100.7m |
EBIT (Q2, 2022) | 137.6m |
Market capitalization (2-Aug-2022) | 6.2b |
Closing stock price (2-Aug-2022) | 115.3 |
Cash (30-Jun-2022) | 262.4m |
EV | 6.4b |
EMCOR Group's current market capitalization is $6.2 b.
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 2.2b | 2.3b | 2.3b | 2.3b | 2.0b | 2.2b | 2.3b | 2.4b | 2.5b | 2.6b | 2.7b |
Cost of goods sold | 1.8b | 2.0b | 2.0b | 2.0b | 1.7b | 1.8b | 2.0b | 2.1b | 2.1b | 2.2b | 2.3b |
Gross profit | 308.8m | 346.4m | 336.0m | 333.1m | 315.3m | 363.2m | 341.1m | 376.3m | 381.3m | 352.6m | 383.0m |
Gross profit Margin, % | 14% | 15% | 15% | 14% | 16% | 16% | 15% | 15% | 15% | 14% |
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 252.0m | 213.4m | 368.1m | 347.1m | 481.4m | 679.3m | 758.8m | 668.9m | 663.9m | 514.5m | 262.4m |
Accounts Receivable | 1.8b | 1.9b | 1.9b | 2.1b | 1.9b | 1.9b | 2.0b | 2.1b | 2.2b | 2.3b | 2.4b |
Prepaid Expenses | 46.5m | 41.8m | 45.5m | 52.2m | 49.3m | 48.8m | 68.7m | 73.6m | 71.0m | 64.9m | 65.3m |
Inventories | 39.4m | 39.2m | 38.7m | 35.4m | 40.6m | 39.3m | 48.2m | 64.7m | 64.5m |
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 72.4m | 156.4m | 238.2m | 75.7m | (8.0m) | 53.2m | 84.9m | 182.3m | 282.0m | 73.4m | 174.1m |
Depreciation and Amortization | 22.2m | 44.6m | 66.9m | 11.8m | 23.2m | 79.6m | 27.0m | 55.1m | 84.2m | 27.1m | 53.1m |
Cash From Operating Activities | (57.4m) | (42.2m) | 176.9m | (78.8m) | 276.7m | 546.8m | (89.0m) | (7.0m) | 113.9m | (95.8m) | (18.9m) |
Purchases of PP&E | (13.1m) | (22.5m) | (35.8m) | (2.6m) | (26.0m) | (34.2m) | (8.2m) | (16.7m) | (26.0m) | (11.5m) | (27.7m) |
| USD | FY, 2018 |
|---|---|
Revenue/Employee | 246.4k |
Debt/Equity | 0.2 x |
Debt/Assets | 0.1 x |
Financial Leverage | 2.3 x |
EMCOR Group Operating Metrics
| FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Remaining Performance Obligations | $3.96 b | $4.16 b | $4.23 b | $4.04 b | $4.04 b | $4.42 b | $4.59 b | $4.53 b | $4.59 b | $4.78 b | $5.11 b | $5.38 b |
Remaining Performance Obligations (United States Electrical Construction and Facilities Services) | $1.09 b | $1.13 b | $1.18 b | $1.1 b | $1.04 b | $1.03 b | $1.01 b | $1.06 b | $1.09 b | $1.16 b | $1.17 b | $1.24 b |
Remaining Performance Obligations (United States Mechanical Construction and Facilities Services) | $2.25 b | $2.26 b | $2.29 b | $2.19 b | $2.23 b | $2.6 b | $2.81 b | $2.63 b | $2.67 b | $2.66 b | $2.93 b | $3.04 b |
Remaining Performance Obligations (United States Building Services) | $435.07 m | $544.62 m | $545.78 m | $544.91 m | $542.27 m | $545.8 m | $524.62 m | $625.76 m | $612.18 m | $678.34 m | $733.83 m | $810.62 m |
EMCOR Group Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Dallas Mechanical Group, LLC | April 05, 2021 | |
| Batchelor & Kimball | November 01, 2019 | $220.3 m |
| Ardent Services | April 15, 2016 | $201.4 m |
| Rabalais Constructors | April 15, 2016 | |
| Newcomb and Co. | April 05, 2016 | |
| RepconStrickland | July 29, 2013 | $463.6 m |
| USM Services | June 30, 2011 | $251.1 m |
| Bahnson Holdings | February 01, 2011 | |
| Scalise Industries | February 17, 2010 | |
| Ohmstede | September 19, 2007 | $455.4 m |
EMCOR Group Revenue Breakdown
EMCOR Group revenue breakdown by business segment: 22.4% from United States Electrical Construction and Facilities Services, 39.6% from United States Mechanical Construction and Facilities Services, 9.1% from United States Industrial Services, 24.0% from United States Building Services and 4.9% from Other
EMCOR Group Cybersecurity Score
EMCOR Group Environment, Social & Governance (ESG) Ratings
EMCOR Group Online and Social Media Presence
EMCOR Group's Trends
EMCOR Group Company Culture
Overall Culture
C+
69/100
CEO Rating
B
73/100
Compensation
B+
79/100
EMCOR Group News and Updates
October 17, 2020
EMCOR Group – Consensus Indicates Potential 17.4% Upside
EMCOR Group found using ticker (EME) have now 3 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 92 and 75 calculating the average target price we see 84. Given that the stocks previous close was at 71.53 thi…
October 15, 2020
EMCOR Group, Inc. Third Quarter Conference Call To Be Broadcast Over The Internet
EMCOR Group, Inc. (NYSE: EME) intends to release its third quarter 2020 results for the period ended September 30, 2020 on Thursday, October 29, 2020. In conjunction with this release, EMCOR Group will host a conference call, which will be simultaneously broadcast live over the Internet. Tony Guzzi…
October 05, 2020
EMCOR Group, Inc. Declares Regular Quarterly Dividend
EMCOR Group, Inc. (NYSE: EME) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.08 per common share. The dividend will be paid on October 30, 2020 to stockholders of record as of October 16, 2020.
September 16, 2020
EMCOR Group, Inc. to Speak at the D.A. Davidson 19th Annual Diversified Industrials & Services Virtual Conference
EMCOR Group, Inc. (NYSE: EME) invites investors and other interested parties to listen to a live Fire Side Chat at the D.A. Davidson 2020 Annual Diversified Industrials & Services Virtual Conference. Interested parties can listen to Tony Guzzi, EMCOR’s Chairman, President and CEO, Mark Pompa, Ex…
August 03, 2020
EMCOR Group, Inc. Reports Second Quarter 2020 Results
For the second quarter of 2020, we reported a net loss of $83.7 million, or $(1.52) per diluted share,
compared to net income of $84.0 million, or $1.49 per diluted share, for the second quarter of 2019. The
net loss for the second quarter of 2020 included after-tax goodwill, identifiable intangib…
June 12, 2019
SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating EMCOR Group, Inc. for Potential Breaches Of Fiduciary Duty By Its Board of Directors
NEW YORK, June 12, 2019 /PRNewswire/ -- Purcell Julie & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of EMCOR Group, Inc. (NYSE: EME). If you are a...
EMCOR Group Frequently Asked Questions
When was EMCOR Group founded?
EMCOR Group was founded in 1994.
Who are EMCOR Group key executives?
EMCOR Group's key executives are Anthony J. Guzzi, Michael P. Bordes and Douglas R. Harrington.
How many employees does EMCOR Group have?
EMCOR Group has 34,000 employees.
What is EMCOR Group revenue?
Latest EMCOR Group annual revenue is $9.9 b.
What is EMCOR Group revenue per employee?
Latest EMCOR Group revenue per employee is $291.3 k.
Who are EMCOR Group competitors?
Competitors of EMCOR Group include BrandSafway, Sonepar and Worley.
Where is EMCOR Group headquarters?
EMCOR Group headquarters is located at 301 Merritt 7, Norwalk.
Where are EMCOR Group offices?
EMCOR Group has offices in Norwalk, Allentown, Arlington, Bakersfield and in 67 other locations.
How many offices does EMCOR Group have?
EMCOR Group has 75 offices.
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