A Fortune 500® company with estimated 2016 revenues of approximately $7.5B, EMCOR Group, Inc. (NYSE: EME) is a leader in mechanical and electrical construction, industrial and energy infrastructure, and building services.
A provider of critical infrastructure systems, EMCOR gives life to new structures and sustains life in existing ones by planning, installing, operating, maintaining, and protecting the sophisticated and dynamic systems that create facility environments—such as electrical, mechanical, lighting, air conditioning, heating, security, fire protection, and power generation systems—in virtually every sector of the economy and for a diverse range of businesses, organizations, and government.
EMCOR represents a rare combination of broad reach with local execution, combining the strength of an industry leader with the knowledge and care of 170 locations.
The approximately 34,000 skilled employees of EMCOR have made the company, in the eyes of leading business publications, amongst the “World’s Most Admired” and “Best Managed.” EMCOR’s diversity—in terms of the services it provides, the industries it serves, and the geography it spans—has enabled it to create a stable platform for sustained results.
The Company’s strong financial position has enabled it to attract and retain among the best local and regional talent, to undertake and complete the most ambitious projects, and to redefine and shape the future of the construction and facilities services industry.
Company Growth (employees)
Key People at EMCOR Group
Anthony Guzzi
Mark Pompa
Kevin Matz
EMCOR Group Office Locations
EMCOR Group Data and Metrics
EMCOR Group Financial Metrics
Revenue (FY, 2016) | 7.6 b |
Revenue growth (FY, 2015 - FY, 2016), % | 12% |
Gross profit (FY, 2016) | 1 b |
Gross profit margin (FY, 2016), % | 14% |
Net income (FY, 2016) | 182.2 m |
EBIT (FY, 2016) | 308.5 m |
Market capitalization (22-Aug-2017) | 3.7 b |
Cash (31-Dec-2016) | 464.6 m |
EV | 3.6 b |
- Source: SEC Filings
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 6.4 b | 6.4 b | 6.7 b | 7.6 b |
Revenue growth, % | 0% | 5% | 12% | |
Cost of goods sold | 5.6 b | 5.5 b | 5.8 b | 6.5 b |
Gross profit | 813.1 m | 907.2 m | 944.5 m | 1 b |
Gross profit Margin, % | 13% | 14% | 14% | 14% |
EBIT | 210.3 m | 289.9 m | 287.1 m | 308.5 m |
EBIT margin, % | 3% | 5% | 4% | 4% |
Interest income | 1.1 m | 842 k | 673 k | 663 k |
Pre tax profit | 202.7 m | 281.6 m | 278.8 m | 296.5 m |
Net Income | 127.4 m | 173.4 m | 172.5 m | 182.2 m |
- Source: SEC Filings
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 439.8 m | 432.1 m | 486.8 m | 464.6 m |
Inventories | 52.1 m | 46.9 m | 37.5 m | 37.4 m |
Current Assets | 1.9 b | 1.9 b | 2.1 b | 2.2 b |
PP&E | 123.4 m | 122.2 m | 122 m | 128 m |
Goodwill | 834.8 m | 834.1 m | 843.2 m | 979.6 m |
Total Assets | 3.5 b | 3.4 b | 3.5 b | 3.9 b |
Accounts Payable | 487.7 m | 460.5 m | 488.3 m | 501.2 m |
Total Debt | 335.3 m | 316.4 m | 317.6 m | 298.3 m |
Current Liabilities | 1.3 b | 1.3 b | 1.4 b | 1.5 b |
Additional Paid-in Capital | 408.1 m | 227.9 m | 130.4 m | 52.2 m |
Retained Earnings | 1.1 b | 1.3 b | 1.4 b | 1.6 b |
Total Equity | 1.5 b | 1.4 b | 1.5 b | 1.5 b |
Debt to Equity Ratio | 0.2 x | 0.2 x | 0.2 x | 0.2 x |
Debt to Assets Ratio | 0.1 x | 0.1 x | 0.1 x | 0.1 x |
Financial Leverage | 2.3 x | 2.4 x | 2.4 x | 2.5 x |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 127.4 m | 173.4 m | 172.5 m | 182.2 m |
Accounts Receivable | (3.2 m) | 27.4 m | (115.3 m) | (98.8 m) |
Accounts Payable | (12.9 m) | (25.1 m) | 25.4 m | 13.1 m |
Cash From Operating Activities | 150.1 m | 246.7 m | 266.7 m | 264.6 m |
Cash From Investing Activities | (483.4 m) | (21.7 m) | (59.8 m) | (270.7 m) |
Cash From Financing Activities | 167 m | (230 m) | (149.5 m) | (9.4 m) |
| USD | Y, 2016 |
|---|---|
EV/EBIT | 11.5 x |
EV/CFO | 13.4 x |
Revenue/Employee | 260.4 k |
Debt/Equity | 0.2 x |
Debt/Assets | 0.1 x |
Financial Leverage | 2.5 x |
