EMCOR Q4 revenue up 19.7% to $4.51 billion; 2026 EPS guidance $27.25-$29.25
EMCOR reported record fourth-quarter and full-year 2025 revenue and diluted EPS, and gave 2026 guidance of $17.75 billion to $18.50 billion in revenue and $27.25 to $29.25 in diluted EPS. Fourth-quarter GAAP diluted EPS included a $144.9 million gain on the sale of its United Kingdom operations, and non-GAAP diluted EPS was $7.19. Remaining performance obligations reached a record $13.25 billion, which the company cites as support for its 2026 outlook.
Key points
- Q4 2025 revenues were $4.51 billion, up 19.7% from $3.77 billion; organic growth was 9.5%.
- Q4 2025 GAAP diluted EPS was $9.68 versus $6.32 a year earlier; non-GAAP diluted EPS was $7.19.
- Full-year 2025 revenues were $16.99 billion and GAAP diluted EPS was $28.19; non-GAAP diluted EPS was $25.87.
- 2026 guidance: revenues of $17.75 billion to $18.50 billion, operating margin of 9.0% to 9.4%, and diluted EPS of $27.25 to $29.25.
The filing
Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 26, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.