Source: Emcor's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026
Revenue, net income & free cash flow
Income statement
fiscal years · USD
Fiscal year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
$7.55B
$7.69B
$8.13B
$9.17B
$8.80B
$9.90B
$11.08B
$12.58B
$14.57B
$16.99B
Cost of revenue
$6.51B
$6.54B
$6.93B
$7.82B
$7.40B
$8.40B
$9.47B
$10.49B
$11.80B
$13.70B
Gross profit
$1.04B
$1.15B
$1.21B
$1.36B
$1.40B
$1.50B
$1.60B
$2.09B
$2.77B
$3.28B
Selling, general & admin
$727.07M
$758.71M
$799.16M
$893.45M
$903.58M
$970.94M
$1.04B
$1.21B
$1.42B
$1.71B
Operating income
$306.93M
$328.90M
$403.08M
$460.89M
$256.83M
$530.80M
$564.88M
$875.76M
$1.34B
$1.71B
Interest expense
$12.63M
$12.77M
$13.54M
$13.82M
$9.01M
$6.07M
$13.20M
$17.20M
$3.78M
$12.02M
Pre-tax income
$296.49M
$318.75M
$395.03M
$450.89M
$252.33M
$529.30M
$558.75M
$872.85M
$1.38B
$1.72B
Income tax
$111.20M
$90.70M
$109.11M
$125.75M
$119.38M
$145.60M
$152.63M
$239.52M
$370.24M
$448.81M
Net income
$181.94M
$227.20M
$283.53M
$325.14M
$132.94M
$383.53M
$406.12M
$632.99M
$1.01B
$1.27B
EBITDA
$345.81M
$368.82M
$441.56M
$504.84M
$303.56M
$579.15M
$612.17M
$927.58M
$1.40B
$1.78B
EPS (basic)
$3.00
$3.84
$4.88
$5.78
$2.41
$7.09
$8.13
$13.37
$21.61
$28.30
EPS (diluted)
$2.97
$3.82
$4.85
$5.75
$2.40
$7.06
$8.10
$13.31
$21.52
$28.19
Diluted shares
61.21M
59.62M
58.44M
56.52M
55.42M
54.35M
50.14M
47.56M
46.81M
45.15M
Gross margin
13.7%
14.9%
14.8%
14.8%
15.9%
15.2%
14.5%
16.6%
19.0%
19.3%
Operating margin
4.1%
4.3%
5.0%
5.0%
2.9%
5.4%
5.1%
7.0%
9.2%
10.1%
Net margin
2.4%
3.0%
3.5%
3.5%
1.5%
3.9%
3.7%
5.0%
6.9%
7.5%
Balance sheet
fiscal years · USD
Fiscal year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash & equivalents
$464.62M
$467.43M
$363.91M
$358.82M
$902.87M
$821.35M
$456.44M
$789.75M
$1.34B
$1.11B
Receivables
$1.50B
$1.61B
$1.77B
$2.03B
$1.92B
$2.20B
$2.57B
$3.20B
$3.58B
$4.24B
Total current assets
$2.17B
$2.28B
$2.39B
$2.66B
$3.12B
$3.39B
$3.46B
$4.45B
$5.39B
$5.94B
Goodwill
$979.63M
$964.89M
$990.89M
$1.06B
$851.78M
$890.27M
$919.15M
$956.55M
$1.02B
$1.41B
Total assets
$3.85B
$3.97B
$4.09B
$4.83B
$5.06B
$5.44B
$5.52B
$6.61B
$7.72B
$9.29B
Total current liabilities
$1.51B
$1.65B
$1.73B
$1.94B
$2.16B
$2.36B
$2.75B
$3.52B
$4.15B
$4.86B
Short-term debt
—
$15.36M
$16.01M
—
$16.91M
$16.23M
$15.57M
$2.46M
—
—
Long-term debt
$408.30M
$294.79M
$279.76M
$294.14M
$259.62M
$245.45M
$231.62M
$2.84M
—
—
Total debt
$408.30M
$310.15M
$295.78M
$294.14M
$276.53M
$261.69M
$247.19M
$5.30M
—
—
Total liabilities
$2.31B
$2.29B
$2.35B
$2.77B
$3.01B
$3.19B
$3.55B
$4.14B
$4.78B
$5.62B
Shareholders' equity
$1.54B
$1.67B
$1.74B
$2.06B
$2.05B
$2.25B
$1.97B
$2.47B
$2.94B
$3.67B
Cash flow
fiscal years · USD
Fiscal year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Operating cash flow
$262.37M
$366.05M
$271.01M
$355.70M
$806.37M
$318.82M
$497.93M
$899.65M
$1.41B
$1.30B
Capital expenditures
$39.65M
$34.68M
$43.48M
$48.43M
$47.97M
$36.19M
$49.29M
$78.40M
$74.95M
$112.75M
Free cash flow
$222.72M
$331.37M
$227.53M
$307.27M
$758.40M
$282.62M
$448.64M
$821.25M
$1.33B
$1.19B
Investing cash flow
-$270.67M
-$138.09M
-$117.72M
-$345.34M
-$94.86M
-$153.08M
-$140.80M
-$161.29M
-$299.28M
-$873.59M
Financing cash flow
-$9.43M
-$228.47M
-$253.04M
-$19.25M
-$171.91M
-$245.46M
-$710.12M
-$412.05M
-$555.37M
-$663.76M
Dividends paid
$19.45M
$18.97M
$18.64M
$17.95M
$17.67M
$28.16M
$27.19M
$32.68M
$43.38M
$45.02M
Share buybacks
$94.22M
$93.17M
$216.24M
$0
$112.55M
$195.55M
$660.61M
$127.71M
$489.82M
$586.26M
Depreciation & amortization
$38.88M
$39.91M
$38.47M
$43.95M
$46.72M
$48.35M
$47.30M
$51.82M
$56.68M
$67.37M
Income statement
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Revenue
$3.44B
$3.43B
$3.67B
$3.70B
$3.77B
$3.87B
$4.30B
$4.30B
$4.51B
$4.63B
$5.15B
$5.54B
Cost of revenue
$2.82B
$2.84B
$2.98B
$2.96B
$3.01B
$3.14B
$3.47B
$3.47B
$3.62B
$3.76B
$4.13B
$4.43B
Gross profit
$617.75M
$589.31M
$684.00M
$734.73M
$757.01M
$722.72M
$833.77M
$835.31M
$891.19M
$863.95M
$1.02B
$1.11B
Selling, general & admin
$328.55M
$329.36M
$351.19M
$371.19M
$368.45M
$403.96M
$418.56M
$429.62M
$462.31M
$460.11M
$475.04M
$528.43M
Operating income
$289.20M
$259.95M
$332.81M
$363.54M
$388.56M
$318.76M
$415.21M
$405.70M
$573.75M
$403.85M
$547.34M
$545.79M
Pre-tax income
$291.75M
$267.72M
$339.13M
$372.08M
$398.45M
$324.20M
$412.03M
$407.59M
$577.81M
$410.07M
$551.66M
$549.56M
Income tax
$80.23M
$70.57M
$91.56M
$101.81M
$106.29M
$83.52M
$109.87M
$112.22M
$143.20M
$104.59M
$147.97M
$149.63M
Net income
$211.52M
$197.15M
$247.57M
$270.26M
$292.16M
$240.68M
$302.16M
$295.37M
$434.61M
$305.48M
$403.69M
$399.93M
EBITDA
$302.57M
$273.29M
$346.88M
$377.93M
$403.44M
$334.34M
$431.77M
$422.98M
$591.70M
$422.21M
$566.73M
$566.00M
EPS (basic)
$4.49
$4.18
$5.27
$5.83
$6.34
$5.27
$6.74
$6.59
$9.71
$6.85
$9.09
$9.06
EPS (diluted)
$4.46
$4.17
$5.25
$5.80
$6.31
$5.26
$6.72
$6.57
$9.66
$6.84
$9.06
$9.04
Diluted shares
-78.50K
47.32M
47.16M
46.59M
-207.78K
45.78M
44.99M
44.97M
-92.84K
44.69M
44.55M
44.25M
Gross margin
18.0%
17.2%
18.7%
19.9%
20.1%
18.7%
19.4%
19.4%
19.7%
18.7%
19.8%
20.0%
Operating margin
8.4%
7.6%
9.1%
9.8%
10.3%
8.2%
9.6%
9.4%
12.7%
8.7%
10.6%
9.8%
Net margin
6.2%
5.7%
6.8%
7.3%
7.7%
6.2%
7.0%
6.9%
9.6%
6.6%
7.8%
7.2%
Balance sheet
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Cash & equivalents
$789.75M
$840.99M
$807.32M
$1.04B
$1.34B
$576.70M
$485.99M
$655.10M
$1.11B
$916.42M
$924.41M
$774.75M
Receivables
$3.20B
$3.21B
$3.46B
$3.51B
$3.58B
$3.81B
$4.11B
$4.10B
$4.24B
$4.55B
$5.10B
$5.53B
Total current assets
$4.45B
$4.51B
$4.74B
$5.01B
$5.39B
$4.91B
$5.18B
$5.46B
$5.94B
$6.07B
$6.67B
$7.07B
Goodwill
$956.55M
$956.55M
$998.57M
$1.00B
$1.02B
$1.34B
$1.35B
$1.36B
$1.41B
$1.43B
$1.46B
$1.71B
Total assets
$6.61B
$6.69B
$7.07B
$7.32B
$7.72B
$8.08B
$8.40B
$8.64B
$9.29B
$9.51B
$10.16B
$11.24B
Total current liabilities
$3.52B
$3.43B
$3.67B
$3.93B
$4.15B
$4.22B
$4.39B
$4.58B
$4.86B
$4.82B
$5.23B
$6.05B
Short-term debt
$2.46M
—
—
—
—
—
—
—
—
—
—
—
Long-term debt
$2.84M
—
—
—
—
—
—
—
—
—
—
—
Total debt
$5.30M
—
—
—
—
—
—
—
—
—
—
—
Total liabilities
$4.14B
$4.07B
$4.33B
$4.56B
$4.78B
$5.13B
$5.35B
$5.30B
$5.62B
$5.64B
$6.08B
$6.96B
Shareholders' equity
$2.47B
$2.61B
$2.74B
$2.76B
$2.94B
$2.95B
$3.05B
$3.34B
$3.67B
$3.87B
$4.08B
$4.28B
Cash flow
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Operating cash flow
$423.76M
$132.26M
$279.69M
$526.44M
$469.49M
$108.47M
$193.69M
$475.50M
$524.40M
$558.00K
$289.36M
$796.72M
Capital expenditures
$22.10M
$20.28M
$19.25M
$17.71M
$17.71M
$26.13M
$28.04M
$26.66M
$31.92M
$28.71M
$31.15M
$37.15M
Free cash flow
$401.66M
$111.99M
$260.44M
$508.73M
$451.79M
$82.34M
$165.64M
$448.84M
$492.49M
-$28.15M
$258.21M
$759.56M
Investing cash flow
-$27.26M
-$19.44M
-$191.70M
-$32.55M
-$55.60M
-$875.44M
-$63.38M
-$38.89M
$104.13M
-$71.75M
-$81.01M
-$739.16M
Financing cash flow
-$135.90M
-$58.95M
-$122.50M
-$273.59M
-$100.33M
-$829.00K
-$230.30M
-$263.90M
-$168.73M
-$124.36M
-$200.36M
-$207.21M
Dividends paid
$8.49M
$8.47M
$11.75M
$11.66M
$11.50M
$11.45M
$11.19M
$11.19M
$11.19M
$17.81M
$17.78M
$17.66M
Share buybacks
$22.41M
$39.00M
$110.01M
$256.42M
$84.39M
$224.83M
$207.33M
$0
$154.09M
$87.11M
$181.41M
$187.98M
Depreciation & amortization
$13.38M
$13.34M
$14.07M
$14.39M
$14.88M
$15.58M
$16.56M
$17.29M
$17.94M
$18.36M
$19.39M
$20.21M
Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.