EMCOR Group market cap is $3.3 b, and annual revenue was $9.17 b in FY 2019

EMCOR Group Revenue growth (FY, 2018 - FY, 2019), %13%

EMCOR Group Gross profit (FY, 2019)1.4 B

EMCOR Group Gross profit margin (FY, 2019), %14.8%

EMCOR Group Net income (FY, 2019)325.1 M

EMCOR Group EBIT (FY, 2019)460.9 M

EMCOR Group Cash, 31-Dec-2019358.8 M

EMCOR Group EV3.5 B

EMCOR Group revenue was $9.17 b in FY, 2019 which is a 12.8% year over year increase from the previous period.

EMCOR Group revenue breakdown by business segment: 11.9% from United States Industrial Services, 23.0% from United States Building Services, 36.4% from United States Mechanical Construction and Facilities Services, 24.2% from United States Electrical Construction and Facilities Services and 4.6% from Other

EMCOR Group revenue breakdown by geographic segment: 95.4% from United States Operations and 4.6% from Other

USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|

## Revenue | 7.6b | 7.7b | 8.1b | 9.2b |

| 12% | 2% | 6% | 13% |

## Cost of goods sold | 6.5b | 6.5b | 6.9b | 7.8b |

## Gross profit | 1.0b | 1.1b | 1.2b | 1.4b |

| 14% | 15% | 15% | 15% |

## General and administrative expense | 725.5m | 757.1m | 799.2m | 893.5m |

## Operating expense total | 729.4m | 816.5m | 802.4m | 895.0m |

## EBIT | 308.5m | 330.6m | 403.1m | 460.9m |

| 4% | 4% | 5% | 5% |

## Interest expense | 12.6m | 12.8m | 13.5m | 13.8m |

## Interest income | 663.0k | 965.0k | 2.7m | 2.3m |

## Pre tax profit | 296.5m | 318.7m | 395.0m | 450.9m |

## Income tax expense | 111.2m | 90.7m | 109.1m | 125.7m |

## Net Income | 182.2m | 227.2m | 283.6m | 325.1m |

USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 1.9b | 1.9b | 1.9b | 1.9b | 2.0b | 2.0b | 2.2b | 2.3b | 2.3b |

## Cost of goods sold | 1.6b | 1.6b | 1.6b | 1.6b | 1.7b | 1.7b | 1.8b | 2.0b | 2.0b |

## Gross profit | 266.3m | 274.5m | 295.1m | 269.1m | 290.8m | 309.3m | 308.8m | 346.4m | 336.0m |

| 14% | 14% | 16% | 14% | 15% | 15% | 14% | 15% | 15% |

## General and administrative expense | 183.0m | 181.3m | 188.6m | 190.3m | 189.9m | 197.3m | 206.2m | 226.2m | 220.1m |

## Operating expense total | 183.6m | 181.7m | 188.6m | 190.4m | 191.2m | 197.6m | 206.4m | 226.4m | 220.2m |

## EBIT | 82.8m | 92.8m | 106.5m | 78.7m | 99.7m | 111.8m | 102.3m | 120.0m | 115.7m |

| 4% | 5% | 6% | 4% | 5% | 5% | 5% | 5% | 5% |

## Interest expense | 2.8m | 3.0m | 3.0m | 2.5m | 2.8m | 2.7m | 2.8m | 3.2m | 2.7m |

## Pre tax profit | 80.0m | 89.8m | 103.4m | 76.3m | 97.6m | 109.7m | 99.9m | 117.1m | 113.5m |

## Income tax expense | 26.8m | 33.0m | 38.6m | 20.6m | 26.5m | 29.7m | 27.5m | 33.2m | 31.6m |

## Net Income | 52.6m | 56.8m | 64.6m | 55.4m | 70.8m | 79.4m | 72.4m | 84.0m | 81.8m |

USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|

## Cash | 464.6m | 467.4m | 363.9m | 358.8m |

## Accounts Receivable | 1.5b | 1.6b | 1.8b | 2.0b |

## Prepaid Expenses | 82.7m | 43.8m | 48.1m | 52.0m |

## Inventories | 37.4m | 42.7m | 42.3m | 40.4m |

## Current Assets | 2.2b | 2.3b | 2.4b | 2.7b |

## PP&E | 128.0m | 127.2m | 134.4m | 156.2m |

## Goodwill | 979.6m | 964.9m | 990.9m | 1.1b |

## Total Assets | 3.9b | 4.0b | 4.1b | 4.8b |

## Accounts Payable | 501.2m | 567.8m | 652.1m | 665.4m |

## Short-term debt | 15.0m | 15.4m | 16.0m | 71.2m |

## Current Liabilities | 1.5b | 1.7b | 1.7b | 1.9b |

## Long-term debt | 408.3m | 294.8m | 279.8m | 499.1m |

## Total Debt | 423.3m | 310.2m | 295.8m | 570.3m |

## Total Liabilities | 2.4b | 2.3b | 2.3b | 2.8b |

## Common Stock | 606.0k | 599.0k | 601.0k | 604.0k |

## Additional Paid-in Capital | 52.2m | 8.0m | 21.1m | 32.3m |

## Retained Earnings | 1.6b | 1.8b | 2.1b | 2.4b |

## Total Equity | 1.5b | 1.7b | 1.7b | 2.1b |

## EPS | 3.0 | 3.8 | 4.9 | 5.8 |

## Debt to Equity Ratio | 0.3 x | 0.2 x | 0.2 x | |

## Debt to Assets Ratio | 0.1 x | 0.1 x | 0.1 x | |

## Financial Leverage | 2.5 x | 2.4 x | 2.3 x | 2.3 x |

USD | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|

## Net Income | 182.2m | 227.2m | 283.6m | 325.1m |

## Depreciation and Amortization | 79.8m | 88.5m | 80.9m | 92.1m |

## Accounts Receivable | (98.8m) | (80.5m) | (146.1m) | (136.0m) |

## Inventories | 954.0k | (4.9m) | (3.9m) | 4.3m |

## Accounts Payable | 13.1m | 54.9m | 78.6m | (34.0m) |

## Cash From Operating Activities | 264.6m | 366.1m | 271.0m | 355.7m |

## Purchases of PP&E | (39.6m) | (34.7m) | (43.5m) | (48.4m) |

## Cash From Investing Activities | (270.7m) | (138.1m) | (117.7m) | (345.3m) |

## Long-term Borrowings | 514.4m | (116.6m) | (16.7m) | (44.8m) |

## Dividends Paid | (19.5m) | (19.0m) | (18.6m) | (17.9m) |

## Cash From Financing Activities | (9.4m) | (228.5m) | (253.0m) | (19.2m) |

## Net Change in Cash | (22.2m) | 2.8m | (103.2m) | (6.3m) |

USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 |
---|---|---|---|---|---|---|---|---|---|

## Net Income | 52.6m | 109.4m | 174.0m | 55.4m | 126.2m | 205.6m | 72.4m | 156.4m | 238.2m |

## Depreciation and Amortization | 22.4m | 44.6m | 66.6m | 20.4m | 40.6m | 60.2m | 22.2m | 44.6m | 66.9m |

## Cash From Operating Activities | (5.2m) | 102.9m | 238.3m | (59.1m) | (32.6m) | 65.9m | (57.4m) | (42.2m) | 176.9m |

## Purchases of PP&E | (10.6m) | (17.7m) | (26.1m) | (6.6m) | (15.9m) | (28.7m) | (13.1m) | (22.5m) | (35.8m) |

## Cash From Investing Activities | (91.6m) | (98.8m) | (106.7m) | (11.8m) | (43.9m) | (56.9m) | (44.0m) | (85.8m) | (115.0m) |

## Long-term Borrowings | (4.1m) | (8.3m) | (12.5m) | (7.2m) | (8.3m) | (12.5m) | (4.9m) | (9.8m) | (39.8m) |

## Dividends Paid | (4.8m) | (9.5m) | (14.3m) | (4.7m) | (9.4m) | (14.0m) | (4.5m) | (9.0m) | (13.5m) |

## Cash From Financing Activities | (65.6m) | (85.1m) | (118.6m) | (45.3m) | (82.5m) | (120.1m) | (11.8m) | (22.2m) | (56.3m) |

## Net Change in Cash | (161.9m) | (79.2m) | 15.9m | (114.5m) | (160.2m) | (113.0m) | (112.0m) | (150.4m) | 3.6m |

## Interest Paid | 2.8m | 5.6m | 8.5m | 2.7m | 5.8m | 9.1m | 3.2m | 6.4m | 9.9m |

## Income Taxes Paid | 2.7m | 67.7m | 95.6m | 2.7m | 71.6m | 95.3m | 3.8m | 65.8m | 94.5m |

USD | Y, 2019 |
---|---|

## EV/EBIT | 7.5 x |

## EV/CFO | 9.7 x |

## Revenue/Employee | 254.9k |

## Financial Leverage | 2.3 x |

## P/E Ratio | 10.0 |

EMCOR Group's Backlog was reported to be $3.9b in Q1, 2018.