Stocks · Industrials · Engineering & Construction

EMCOR Group, Inc. EME

$786.61 +2.29% Close, Oct 2, 2026 · NYSE · Market cap $34.70B

Next earnings report: Oct 29, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. Earnings beat analyst estimates in each of the last 14 quarters (average surprise over the last four: +12.3%).
  2. Diluted EPS over the last four quarters was $32.01, up 32.8% year over year.
  3. Revenue over the last four quarters was $18.60B, up 18.9% from a year earlier.

PromtFinance scores

Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth73Positive

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Top 24%
  • EPS growth (TTM, YoY)Top 26%
  • FCF growth (TTM, YoY)Bottom 39%
  • Revenue growth, 3-year CAGRTop 19%
  • Revenue growth accelerationBottom 39%
Quality61Neutral

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalTop 2%
  • Gross marginBottom 28%
  • Operating marginTop 38%
  • Cash conversion (OCF / net income)Bottom 13%
  • Accruals (lower is better)Bottom 10%
  • Net debt / EBITDA (lower is better)Top 18%
  • Interest coverTop 2%
Value58Neutral

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldTop 28%
  • Free-cash-flow yieldTop 49%
  • EBITDA / enterprise valueTop 44%
  • Sales / enterprise valueTop 45%
  • P/E vs own 5-year history (lower is better)Bottom 33%
Momentum63Neutral

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthTop 46%
  • 6-month returnTop 50%
  • 1-year return vs S&P 500Top 38%
  • Distance from 52-week highTop 32%
  • Trend checklist (0–4)Top 27%
Revisions88Strong

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersTop 33%
  • Consecutive EPS beatsTop 5%
  • Share of analysts rating BuyTop 40%
  • Upside to consensus price targetTop 46%
Stability62Neutral

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Bottom 42%
  • Maximum drawdown, 3 yearsTop 24%
  • Beta vs S&P 500 (lower is better)Bottom 34%
  • Net debt / EBITDA (lower is better)Top 18%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)18.3%18.9%↑
EPS growth (YoY)31.6%32.8%↑
Gross margin19.5%19.7%↑
Operating margin9.5%10.2%↑
FCF margin7.7%6.3%↓

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)18.9%18.3%↑Top 24%
EPS growth (TTM, YoY)32.8%31.6%↑Top 26%
Gross margin19.7%19.5%↑Bottom 28%
Operating margin10.2%9.5%↑Top 38%
Net margin7.7%7.1%↑—
Free-cash-flow margin6.3%7.7%↓—
Return on invested capital26.4%—Top 2%
Revenue growth, 3-year CAGR15.3%—Top 19%

Quality of earnings and balance sheet

Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
0.90×
Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
1.4%
Stock-based compensation / revenueA cost to shareholders through dilution.
-0.0%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
+4.3 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
-0.17×
Interest cover (operating income / interest)How many times operating profit covers interest.
249.7×

Shareholder returns

Dividend yield (dividends paid, TTM)
0.17%
Net buyback yield (TTM)
-0.03%
Shareholder yield
0.14%
Share count change, 1 year
+0.1%
Share count change, 3-year CAGR
-1.8%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jun 30, 2026 (filed Jul 30, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
14
Beats in the last 8 reports
8 of 8
Average EPS surprise, last 4
+12.3%
Average 2-day reaction, last 8
-0.4%
Positive 20 days after report
4 of 8

Analysts

Consensus price target
$1,055.40
Target vs current price
+34.2%
Analysts with a rating
14
Share rating Buy or Strong Buy
64%
Consensus rating
Buy

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Jul 30, 2026+25.3%+19.3%+22.3%+13.5%—
Apr 29, 2026+15.9%-3.5%+8.0%-1.0%-13.8%
Feb 26, 2026+7.6%-6.9%-7.6%-4.6%+5.9%
Oct 30, 2025+0.5%-16.6%-13.1%-21.4%-7.8%
Jul 31, 2025+17.1%-1.9%-2.7%-2.4%+8.9%
Apr 30, 2025+16.8%-3.0%+4.9%+13.6%+53.8%
Feb 26, 2025+14.3%+5.7%-2.5%+3.6%+16.5%
Oct 31, 2024+16.5%+3.3%+16.2%+17.6%+1.8%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Jul 30, 2026$9.06$7.23+25.3%$5.15B
Apr 29, 2026$6.84$5.90+15.9%$4.63B
Feb 26, 2026$7.19$6.68+7.6%$4.51B
Oct 30, 2025$6.57$6.54+0.5%$4.30B
Jul 31, 2025$6.72$5.74+17.1%$4.30B
Apr 30, 2025$5.41$4.63+16.8%$3.87B
Feb 26, 2025$6.32$5.53+14.3%$3.77B
Oct 31, 2024$5.80$4.98+16.5%$3.70B

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (trailing)24.6×19.9×76thTop 28%
P/E (forward)23.9×———
EV / EBITDA15.4×——Top 44%
EV / Sales1.84×——Top 45%
Free-cash-flow yield3.38%——Top 49%
Earnings yield4.07%——Top 28%

P/E over the past five years

Range 15.3× – 28.0× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

What moved the stock over the past year

Price return, 1 year
+20.1%
Earnings per share growth (TTM)
+32.8%
Change in P/E multiple
-3.7%

Most of the move came from earnings growth.

Technical state

Trend checklist

  • ✓ Price above 20-day average
  • ✓ Price above 50-day average
  • ✓ Price above 200-day average
  • ✗ 50-day average above 200-day
  • ✓ MACD histogram positive

Trend quality

Days above the 50-day average
1
Days above the 200-day average
1
50-day average slope (20 days)
-1.2%
200-day average slope (20 days)
+1.9%
Distance from 50-day average
+1.9%
Distance from 200-day average
+1.8%
RSI (14)
58.0
Relative volume
1.04×

Risk and drawdowns

Volatility, 60 days (annualized)
49.7%
Volatility vs own 5-year history
86th percentile · High for this stock
Beta vs S&P 500 (2 years, weekly)
1.28
Correlation with S&P 500
0.54
Current drawdown from 1-year high
-16.7%
Maximum drawdown, 3 years
-36.2%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Jan 22, 2025Apr 4, 2025-36.2%51 days60 days (Jul 2, 2025)
May 6, 2026Jul 29, 2026-28.7%57 daysNot yet recovered
Nov 5, 2021Jun 17, 2022-27.2%154 days91 days (Oct 27, 2022)
Oct 29, 2025Nov 21, 2025-25.1%17 days53 days (Feb 10, 2026)
Sep 1, 2023Oct 25, 2023-15.2%37 days65 days (Jan 30, 2024)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$34.70B
P/E (TTM)
24.6
EPS, diluted (TTM)
$32.01
Revenue (TTM)
$18.60B
Dividend yield
0.24%
52-week range
$564.92 – $951.96
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$9.90B$11.08B$12.58B$14.57B$16.99B
Gross profit$1.50B$1.60B$2.09B$2.77B$3.33B
Operating income$530.8M$564.9M$875.8M$1.34B$1.67B
Net income$383.5M$406.1M$633.0M$1.01B$1.27B
EPS (diluted)$7.06$8.10$13.31$21.52$28.19
Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$3.70B$3.77B$3.87B$4.30B$4.30B$4.52B$4.63B$5.15B
Net income$270.3M$292.2M$240.7M$302.2M$295.4M$431.8M$305.5M$403.7M
EPS (diluted)$5.80$6.32$5.26$6.72$6.57$9.64$6.84$8.96
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow$318.8M$497.9M$899.7M$1.41B$1.30B
Capital expenditure-$36.2M-$49.3M-$78.4M-$75.0M-$112.8M
Free cash flow$282.6M$448.6M$821.3M$1.33B$1.19B
Dividends paid-$28.2M-$27.2M-$32.7M-$43.4M-$45.0M
Net share buybacks-$195.5M-$660.6M-$127.7M-$489.8M-$586.3M

Cash outflows are shown as negative numbers.

Cash and short-term investments
$924.4M
Total assets
$10.16B
Total liabilities
$6.08B
Total debt
$541.9M
Net debt
-$382.5M
Shareholders’ equity
$4.08B

As of Jun 30, 2026 (filed Jul 30, 2026).

Dividends

Ex-dateAmountPaid
Oct 15, 2026$0.40Oct 30, 2026
Jul 15, 2026$0.40Jul 31, 2026
Apr 16, 2026$0.40Apr 30, 2026
Jan 14, 2026$0.40Jan 30, 2026
Oct 15, 2025$0.25Oct 30, 2025
Jul 15, 2025$0.25Jul 31, 2025
Apr 17, 2025$0.25Apr 30, 2025
Jan 16, 2025$0.25Jan 31, 2025

Short interest

Shares sold short
942,104
Days to cover
3.10
Change vs previous report
+3.2%

FINRA short interest, settlement date Sep 15, 2026.

Stock splits

Jul 10, 2007
2-for-1
Feb 13, 2006
2-for-1