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EmcorEME

Construction & Engineering · Norwalk, Connecticut · In the S&P 500
Solid business
$679.55−1.42%After hours: $679.55 (0.00%)At the close, 30 Oct · Prices from CNBC, may be delayed
▼ 12.5% over 1 year
Emcor over 1 yearDaily close, $, to 30 Oct 2026
$600$800$900Nov2026MarMayJulSep$679.55$600$800NovMarJul$679.55
Source: Nasdaq daily closes
Market value$29.98B
Price to earnings19.6x
Forward P/E19.3x
Dividend yield0.24%
Year to date+11.1%
One year−12.5%
Next earningsNot scheduled
SectorIndustrials
52-week range (closes)
$581.58$943.75

Quality and valuation

How Emcor compares with other industrials stocks. A description, not a recommendation.

Emcor and 7 construction & engineering peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: about averageValuation: in line with its sector

An average business among industrials companies, priced about in line with them.

Emcor trades at 19.3 times the next 12 months of expected earnings, against a median of 21.4x for the 89 industrials stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew faster than the sector median: +22.1% vs +8.2%
  • Keeps less of each sale (gross margin): 19.6% vs 38.1%
  • Less profitable (operating margin): 10.4% vs 17.5%
  • Turns less of its sales into cash: 7.5% vs 13.1%
EME trades at 19.3x forward earnings, below the sector medianForward p/e, Construction & Engineering peers
EME19.3xLMT20.6xCAT21.6xUNP22.3xRTX26.8xDE32.3xGE35.7xGEV40.8xSector median 21.4xEME19.3xLMT20.6xCAT21.6xUNP22.3xRTX26.8xDE32.3xGE35.7xGEV40.8xSector median 21.4x
Source: CNBC quotes; Mostly Markets
At 19.6x earnings, EME is cheaper than its average since Oct 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
25x30xAverage 24.7x2025202619.6x30xAverage 24.7x2025202619.6x
Source: Nasdaq prices; SEC filings

Financials

From Emcor's SEC filings, through the quarter ending 30 Sep 2026. Hover or tap a bar for its value.

Revenue grew 28.8% from a year earlierQuarterly revenue, $bn, latest Q3 ’26
$0bn$2bn$4bnQ4 ’24Q2 ’25Q4 ’25$5.5bnQ3 ’26$0bn$2bn$4bnQ4 ’24Q2 ’25Q4 ’25$5.5bnQ3 ’26
Source: SEC filings
Growth sped up to +28.8% last quarterRevenue growth, year on year, %
0%10%20%Q4 ’24Q2 ’25Q4 ’2528.8%Q3 ’260%10%20%Q4 ’24Q2 ’25Q4 ’2528.8%Q3 ’26
Source: SEC filings
Operating margin was 9.8% last quarterOperating income as a share of revenue, %
0%5%10%Q4 ’24Q2 ’25Q4 ’259.8%Q3 ’260%5%10%Q4 ’24Q2 ’25Q4 ’259.8%Q3 ’26
Source: SEC filings
Free cash flow was $1.5 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $m
$0m$200m$400m$600mQ4 ’24Q2 ’25Q4 ’25$760mQ3 ’26$0m$500mQ4 ’24Q2 ’25Q4 ’25$760mQ3 ’26
Source: SEC filings
Last 12 monthsEMESector median
Revenue growth+22.1%+8.2%
Gross margin19.6%38.1%
Operating margin10.4%17.5%
Free cash flow margin7.5%13.1%
Price to earnings19.6x25.8x

Stories on Emcor

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Similar companies

Construction & Engineering, by market value.

CompanyPriceTodayYTDValue
GEGE Aerospace$301.80−3.59%−2.0%$312B
CATCaterpillar$622.75−3.81%+8.7%$286B
RTXRTX$199.80+0.20%+8.9%$270B
GEVGE Vernova$857.87−3.38%+31.3%$227B
DEDeere &$675.48+2.35%+45.1%$182B
UNPUnion Pacific$304.00+0.69%+31.4%$181B
LMTLockheed Martin$636.95−1.03%+31.7%$147B
ETNEaton$369.97−6.03%+16.2%$144B