$EME
EMCOR GROUP INC
CIK:0000105634|SEC Filings
Condensed Consolidated Statements Of Operations - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
|
| Income Statement [Abstract] | ||||
| Revenues | $ 5,154,892 | $ 4,304,400 | $ 9,783,125 | $ 8,171,772 |
| Cost of sales | 4,132,513 | 3,470,629 | 7,896,796 | 6,615,283 |
| Gross profit | 1,022,379 | 833,771 | 1,886,329 | 1,556,489 |
| Selling, general and administrative expenses | 475,039 | 418,559 | 935,144 | 822,521 |
| Operating income | 547,340 | 415,212 | 951,185 | 733,968 |
| Net periodic pension income | 0 | 55 | 0 | 109 |
| Interest income (expense), net | 4,322 | (3,240) | 10,549 | 2,147 |
| Income before income taxes | 551,662 | 412,027 | 961,734 | 736,224 |
| Income tax provision | 147,968 | 109,867 | 252,556 | 193,387 |
| Net income (in US dollars) | $ 403,694 | $ 302,160 | $ 709,178 | $ 542,837 |
| Basic earnings per common share (in US dollars per share) | $ 9.09 | $ 6.74 | $ 15.94 | $ 12.00 |
| Diluted earnings per common share (in US dollars per share) | 9.06 | 6.72 | 15.89 | 11.96 |
| Dividends declared per common share (in US dollars per share) | $ 0.40 | $ 0.25 | $ 0.80 | $ 0.50 |
Consolidated Balance Sheets - USD ($) $ in Thousands |
Jun. 30, 2026 |
Dec. 31, 2025 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 924,411 | $ 1,111,968 |
| Accounts receivable, less allowance for credit losses of $25,008 and $22,757, respectively | 5,098,309 | 4,241,177 |
| Contract assets | 400,539 | 337,717 |
| Inventories | 153,679 | 126,252 |
| Prepaid expenses and other | 94,781 | 120,231 |
| Total current assets | 6,671,719 | 5,937,345 |
| Property, plant, and equipment, net | 278,617 | 253,277 |
| Operating lease right-of-use assets | 509,500 | 439,029 |
| Goodwill | 1,457,924 | 1,412,414 |
| Identifiable intangible assets, net | 1,078,045 | 1,108,828 |
| Other assets | 161,277 | 140,506 |
| Total assets | 10,157,082 | 9,291,399 |
| Current liabilities: | ||
| Accounts payable | 1,250,669 | 1,227,428 |
| Contract liabilities | 2,609,243 | 2,327,360 |
| Accrued payroll and benefits | 866,247 | 870,154 |
| Other accrued expenses and liabilities | 393,312 | 340,785 |
| Operating lease liabilities, current | 105,669 | 99,213 |
| Total current liabilities | 5,225,140 | 4,864,940 |
| Operating lease liabilities, long-term | 436,259 | 368,996 |
| Other long-term obligations | 415,739 | 382,482 |
| Total liabilities | 6,077,138 | 5,616,418 |
| EMCOR Group, Inc. stockholders' equity: | ||
| Preferred stock, $0.10 par value, 1,000,000 shares authorized, zero issued and outstanding | 0 | 0 |
| Common stock, $0.01 par value, 200,000,000 shares authorized, 61,304,446 and 61,252,599 shares issued, respectively | 613 | 613 |
| Capital surplus | 98,117 | 101,336 |
| Accumulated other comprehensive loss | (1,924) | (1,916) |
| Retained earnings | 6,679,305 | 6,005,772 |
| Treasury stock, at cost 17,064,399 and 16,732,232 shares, respectively | (2,697,204) | (2,431,861) |
| Total EMCOR Group, Inc. stockholders' equity | 4,078,907 | 3,673,944 |
| Noncontrolling interests | 1,037 | 1,037 |
| Total equity | 4,079,944 | 3,674,981 |
| Total liabilities and equity | $ 10,157,082 | $ 9,291,399 |