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EMCOR GROUP INC (EME) Stock Fundamental Analysis

USA - NYSE:EME - US29084Q1004 - Common Stock

748.24 USD
+51.96 (+7.46%)
Last: 10/24/2025, 8:21:03 PM
754.05 USD
+5.81 (+0.78%)
After Hours: 10/24/2025, 8:21:03 PM
Fundamental Rating

7

Overall EME gets a fundamental rating of 7 out of 10. We evaluated EME against 55 industry peers in the Construction & Engineering industry. EME gets an excellent profitability rating and is at the same time showing great financial health properties. EME is growing strongly while it is still valued neutral. This is a good combination! This makes EME very considerable for growth and quality investing!


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

EME had positive earnings in the past year.
EME had a positive operating cash flow in the past year.
In the past 5 years EME has always been profitable.
EME had a positive operating cash flow in each of the past 5 years.
EME Yearly Net Income VS EBIT VS OCF VS FCFEME Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B

1.2 Ratios

EME's Return On Assets of 13.16% is amongst the best of the industry. EME outperforms 83.64% of its industry peers.
The Return On Equity of EME (36.22%) is better than 90.91% of its industry peers.
EME's Return On Invested Capital of 27.02% is amongst the best of the industry. EME outperforms 89.09% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for EME is above the industry average of 17.10%.
The last Return On Invested Capital (27.02%) for EME is above the 3 year average (21.01%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 13.16%
ROE 36.22%
ROIC 27.02%
ROA(3y)9.99%
ROA(5y)7.93%
ROE(3y)26.83%
ROE(5y)20.8%
ROIC(3y)21.01%
ROIC(5y)17.59%
EME Yearly ROA, ROE, ROICEME Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30

1.3 Margins

EME has a better Profit Margin (7.07%) than 76.36% of its industry peers.
In the last couple of years the Profit Margin of EME has grown nicely.
With a decent Operating Margin value of 9.50%, EME is doing good in the industry, outperforming 72.73% of the companies in the same industry.
EME's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 19.49%, EME is in line with its industry, outperforming 60.00% of the companies in the same industry.
EME's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 9.5%
PM (TTM) 7.07%
GM 19.49%
OM growth 3Y19.88%
OM growth 5Y12.87%
PM growth 3Y21.31%
PM growth 5Y14.3%
GM growth 3Y7.78%
GM growth 5Y5.13%
EME Yearly Profit, Operating, Gross MarginsEME Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

9

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so EME is creating value.
Compared to 1 year ago, EME has less shares outstanding
Compared to 5 years ago, EME has less shares outstanding
Compared to 1 year ago, EME has an improved debt to assets ratio.
EME Yearly Shares OutstandingEME Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M
EME Yearly Total Debt VS Total AssetsEME Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

2.2 Solvency

EME has an Altman-Z score of 6.94. This indicates that EME is financially healthy and has little risk of bankruptcy at the moment.
EME has a better Altman-Z score (6.94) than 83.64% of its industry peers.
The Debt to FCF ratio of EME is 0.21, which is an excellent value as it means it would take EME, only 0.21 years of fcf income to pay off all of its debts.
EME has a better Debt to FCF ratio (0.21) than 90.91% of its industry peers.
A Debt/Equity ratio of 0.08 indicates that EME is not too dependend on debt financing.
With an excellent Debt to Equity ratio value of 0.08, EME belongs to the best of the industry, outperforming 87.27% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.08
Debt/FCF 0.21
Altman-Z 6.94
ROIC/WACC2.69
WACC10.03%
EME Yearly LT Debt VS Equity VS FCFEME Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B 2.5B

2.3 Liquidity

EME has a Current Ratio of 1.18. This is a normal value and indicates that EME is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of EME (1.18) is comparable to the rest of the industry.
A Quick Ratio of 1.15 indicates that EME should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.15, EME perfoms like the industry average, outperforming 45.45% of the companies in the same industry.
EME does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
Industry RankSector Rank
Current Ratio 1.18
Quick Ratio 1.15
EME Yearly Current Assets VS Current LiabilitesEME Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B 5B

7

3. Growth

3.1 Past

EME shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 38.03%, which is quite impressive.
Measured over the past years, EME shows a very strong growth in Earnings Per Share. The EPS has been growing by 30.23% on average per year.
The Revenue has grown by 13.77% in the past year. This is quite good.
Measured over the past years, EME shows a quite strong growth in Revenue. The Revenue has been growing by 9.69% on average per year.
EPS 1Y (TTM)38.03%
EPS 3Y45.04%
EPS 5Y30.23%
EPS Q2Q%28%
Revenue 1Y (TTM)13.77%
Revenue growth 3Y13.72%
Revenue growth 5Y9.69%
Sales Q2Q%17.39%

3.2 Future

EME is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.08% yearly.
The Revenue is expected to grow by 9.20% on average over the next years. This is quite good.
EPS Next Y17.98%
EPS Next 2Y13.42%
EPS Next 3Y12.08%
EPS Next 5YN/A
Revenue Next Year14.59%
Revenue Next 2Y10.41%
Revenue Next 3Y9.2%
Revenue Next 5YN/A

3.3 Evolution

Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
EME Yearly Revenue VS EstimatesEME Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 5B 10B 15B
EME Yearly EPS VS EstimatesEME Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 10 20 30

4

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 31.05, which means the current valuation is very expensive for EME.
Based on the Price/Earnings ratio, EME is valued a bit cheaper than the industry average as 69.09% of the companies are valued more expensively.
EME is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.91, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 27.00, the valuation of EME can be described as expensive.
EME's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. EME is cheaper than 63.64% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.92, EME is valued at the same level.
Industry RankSector Rank
PE 31.05
Fwd PE 27
EME Price Earnings VS Forward Price EarningsEME Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of EME is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, EME is valued a bit cheaper than 65.45% of the companies in the same industry.
Industry RankSector Rank
P/FCF 27.71
EV/EBITDA 18.81
EME Per share dataEME EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 100 200 300

4.3 Compensation for Growth

The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of EME may justify a higher PE ratio.
A more expensive valuation may be justified as EME's earnings are expected to grow with 12.08% in the coming years.
PEG (NY)1.73
PEG (5Y)1.03
EPS Next 2Y13.42%
EPS Next 3Y12.08%

5

5. Dividend

5.1 Amount

With a yearly dividend of 0.15%, EME is not a good candidate for dividend investing.
EME's Dividend Yield is a higher than the industry average which is at 1.66.
Compared to an average S&P500 Dividend Yield of 2.34, EME's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.15%

5.2 History

On average, the dividend of EME grows each year by 23.83%, which is quite nice.
EME has paid a dividend for at least 10 years, which is a reliable track record.
EME has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)23.83%
Div Incr Years4
Div Non Decr Years11
EME Yearly Dividends per shareEME Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8

5.3 Sustainability

EME pays out 4.14% of its income as dividend. This is a sustainable payout ratio.
The dividend of EME is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP4.14%
EPS Next 2Y13.42%
EPS Next 3Y12.08%
EME Yearly Income VS Free CF VS DividendEME Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B
EME Dividend Payout.EME Dividend Payout, showing the Payout Ratio.EME Dividend Payout.PayoutRetained Earnings

EMCOR GROUP INC

NYSE:EME (10/24/2025, 8:21:03 PM)

After market: 754.05 +5.81 (+0.78%)

748.24

+51.96 (+7.46%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)07-31 2025-07-31/bmo
Earnings (Next)10-30 2025-10-30/bmo
Inst Owners96.74%
Inst Owner Change-0.3%
Ins Owners0.83%
Ins Owner Change-0.5%
Market Cap33.49B
Revenue(TTM)15.64B
Net Income(TTM)1.11B
Analysts80
Price Target662.39 (-11.47%)
Short Float %1.92%
Short Ratio1.39
Dividend
Industry RankSector Rank
Dividend Yield 0.15%
Yearly Dividend0.93
Dividend Growth(5Y)23.83%
DP4.14%
Div Incr Years4
Div Non Decr Years11
Ex-Date10-15 2025-10-15 (0.25)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)14.27%
Min EPS beat(2)12.61%
Max EPS beat(2)15.92%
EPS beat(4)4
Avg EPS beat(4)13.11%
Min EPS beat(4)8.66%
Max EPS beat(4)15.92%
EPS beat(8)8
Avg EPS beat(8)23.91%
EPS beat(12)12
Avg EPS beat(12)21.68%
EPS beat(16)14
Avg EPS beat(16)16.54%
Revenue beat(2)2
Avg Revenue beat(2)2.45%
Min Revenue beat(2)1.19%
Max Revenue beat(2)3.72%
Revenue beat(4)2
Avg Revenue beat(4)0.01%
Min Revenue beat(4)-2.92%
Max Revenue beat(4)3.72%
Revenue beat(8)6
Avg Revenue beat(8)1.34%
Revenue beat(12)9
Avg Revenue beat(12)1.24%
Revenue beat(16)13
Avg Revenue beat(16)1.84%
PT rev (1m)0.84%
PT rev (3m)21.84%
EPS NQ rev (1m)0.35%
EPS NQ rev (3m)5.15%
EPS NY rev (1m)0.02%
EPS NY rev (3m)5.83%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.44%
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)1.64%
Valuation
Industry RankSector Rank
PE 31.05
Fwd PE 27
P/S 2.14
P/FCF 27.71
P/OCF 25.8
P/B 10.97
P/tB 54.21
EV/EBITDA 18.81
EPS(TTM)24.1
EY3.22%
EPS(NY)27.71
Fwd EY3.7%
FCF(TTM)27
FCFY3.61%
OCF(TTM)29
OCFY3.88%
SpS349.39
BVpS68.18
TBVpS13.8
PEG (NY)1.73
PEG (5Y)1.03
Graham Number192.27
Profitability
Industry RankSector Rank
ROA 13.16%
ROE 36.22%
ROCE 37.1%
ROIC 27.02%
ROICexc 30.75%
ROICexgc 99.66%
OM 9.5%
PM (TTM) 7.07%
GM 19.49%
FCFM 7.73%
ROA(3y)9.99%
ROA(5y)7.93%
ROE(3y)26.83%
ROE(5y)20.8%
ROIC(3y)21.01%
ROIC(5y)17.59%
ROICexc(3y)29.88%
ROICexc(5y)24.94%
ROICexgc(3y)103.88%
ROICexgc(5y)84.98%
ROCE(3y)28.85%
ROCE(5y)24.15%
ROICexgc growth 3Y52.49%
ROICexgc growth 5Y34.99%
ROICexc growth 3Y37.05%
ROICexc growth 5Y27.08%
OM growth 3Y19.88%
OM growth 5Y12.87%
PM growth 3Y21.31%
PM growth 5Y14.3%
GM growth 3Y7.78%
GM growth 5Y5.13%
F-Score6
Asset Turnover1.86
Health
Industry RankSector Rank
Debt/Equity 0.08
Debt/FCF 0.21
Debt/EBITDA 0.15
Cap/Depr 56.54%
Cap/Sales 0.57%
Interest Coverage 152.25
Cash Conversion 78.93%
Profit Quality 109.34%
Current Ratio 1.18
Quick Ratio 1.15
Altman-Z 6.94
F-Score6
WACC10.03%
ROIC/WACC2.69
Cap/Depr(3y)55.78%
Cap/Depr(5y)48.91%
Cap/Sales(3y)0.53%
Cap/Sales(5y)0.5%
Profit Quality(3y)124.19%
Profit Quality(5y)203.38%
High Growth Momentum
Growth
EPS 1Y (TTM)38.03%
EPS 3Y45.04%
EPS 5Y30.23%
EPS Q2Q%28%
EPS Next Y17.98%
EPS Next 2Y13.42%
EPS Next 3Y12.08%
EPS Next 5YN/A
Revenue 1Y (TTM)13.77%
Revenue growth 3Y13.72%
Revenue growth 5Y9.69%
Sales Q2Q%17.39%
Revenue Next Year14.59%
Revenue Next 2Y10.41%
Revenue Next 3Y9.2%
Revenue Next 5YN/A
EBIT growth 1Y32.77%
EBIT growth 3Y36.33%
EBIT growth 5Y23.8%
EBIT Next Year31.42%
EBIT Next 3Y14.79%
EBIT Next 5YN/A
FCF growth 1Y79.41%
FCF growth 3Y67.7%
FCF growth 5Y34.11%
OCF growth 1Y77.4%
OCF growth 3Y64.06%
OCF growth 5Y31.67%

EMCOR GROUP INC / EME FAQ

Can you provide the ChartMill fundamental rating for EMCOR GROUP INC?

ChartMill assigns a fundamental rating of 7 / 10 to EME.


What is the valuation status for EME stock?

ChartMill assigns a valuation rating of 4 / 10 to EMCOR GROUP INC (EME). This can be considered as Fairly Valued.


How profitable is EMCOR GROUP INC (EME) stock?

EMCOR GROUP INC (EME) has a profitability rating of 8 / 10.


How financially healthy is EMCOR GROUP INC?

The financial health rating of EMCOR GROUP INC (EME) is 9 / 10.


Can you provide the dividend sustainability for EME stock?

The dividend rating of EMCOR GROUP INC (EME) is 5 / 10 and the dividend payout ratio is 4.14%.