The Filings Report

EMCOR Group, Inc.

EMENYSECIK 105634Industrials / Engineering & Constructionfiscal year ends December70 quarters since 2009

Revenue, Q3 FY2026
$5.5B
+28.8% on Q3 FY2025
Net income
$400M
+35.4% on Q3 FY2025
Free cash flow
$760M
+69.2% on Q3 FY2025
Diluted EPS
$9.04
+37.6% on Q3 FY2025
Revenue, TTM
$19.8B
trailing four quarters
Net margin, TTM
7.8%
net income $1.5B
Free cash flow, TTM
$1.5B
$1.6B less $129M capex
Cash and equivalents
$775M
long-term debt —, Sep 30, 2026
Shares, 12-month change
−2.2%
44M shares, Sep 30, 2026
Buybacks, TTM
$611M
2.0% of market value
Dividends, TTM
$64M
0.2% of market value
Market value
$29.8B
at the close, buybacks

Latest quarter Q3 FY2026, filed October 29, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.

In Q3 FY2026, the quarter ended September 30, 2026, EMCOR Group, Inc. reported revenue of $5.5B, +28.8% on Q3 FY2025, and net income of $400M (+35.4%). Operating margin was 9.8%. Free cash flow, operating cash flow less capital expenditures, was $760M ($797M less $37M). Diluted earnings per share were $9.04.

The last 16 quarters

Q4 FY2022 to Q3 FY2026, through the filing of October 29, 2026.

Revenue and net incomeRevenueNet income
$0$2B$4B$6BQ4'22, Revenue: $2.9BQ4'22, Net income: $126MQ4'22Q1'23, Revenue: $2.9BQ1'23, Net income: $111MQ1'23Q2'23, Revenue: $3.0BQ2'23, Net income: $141MQ2'23Q3'23, Revenue: $3.2BQ3'23, Net income: $169MQ3'23Q4'23, Revenue: $3.4BQ4'23, Net income: $212MQ4'23Q1'24, Revenue: $3.4BQ1'24, Net income: $197MQ1'24Q2'24, Revenue: $3.7BQ2'24, Net income: $248MQ2'24Q3'24, Revenue: $3.7BQ3'24, Net income: $270MQ3'24Q4'24, Revenue: $3.8BQ4'24, Net income: $292MQ4'24Q1'25, Revenue: $3.9BQ1'25, Net income: $241MQ1'25Q2'25, Revenue: $4.3BQ2'25, Net income: $302MQ2'25Q3'25, Revenue: $4.3BQ3'25, Net income: $295MQ3'25Q4'25, Revenue: $4.5BQ4'25, Net income: $435MQ4'25Q1'26, Revenue: $4.6BQ1'26, Net income: $305MQ1'26Q2'26, Revenue: $5.2BQ2'26, Net income: $404MQ2'26Q3'26, Revenue: $5.5BQ3'26, Net income: $400MQ3'26$0$2B$4B$6BQ4'22, Revenue: $2.9BQ4'22, Net income: $126MQ1'23, Revenue: $2.9BQ1'23, Net income: $111MQ1'23Q2'23, Revenue: $3.0BQ2'23, Net income: $141MQ3'23, Revenue: $3.2BQ3'23, Net income: $169MQ3'23Q4'23, Revenue: $3.4BQ4'23, Net income: $212MQ1'24, Revenue: $3.4BQ1'24, Net income: $197MQ1'24Q2'24, Revenue: $3.7BQ2'24, Net income: $248MQ3'24, Revenue: $3.7BQ3'24, Net income: $270MQ3'24Q4'24, Revenue: $3.8BQ4'24, Net income: $292MQ1'25, Revenue: $3.9BQ1'25, Net income: $241MQ1'25Q2'25, Revenue: $4.3BQ2'25, Net income: $302MQ3'25, Revenue: $4.3BQ3'25, Net income: $295MQ3'25Q4'25, Revenue: $4.5BQ4'25, Net income: $435MQ1'26, Revenue: $4.6BQ1'26, Net income: $305MQ1'26Q2'26, Revenue: $5.2BQ2'26, Net income: $404MQ3'26, Revenue: $5.5BQ3'26, Net income: $400MQ3'26

Net income losses drawn in red.

Free cash flow
−$250M$0$250M$500M$750M$1.0BQ4'22, Free cash flow: $249MQ4'22Q1'23, Free cash flow: −$108MQ1'23Q2'23, Free cash flow: $286MQ2'23Q3'23, Free cash flow: $241MQ3'23Q4'23, Free cash flow: $402MQ4'23Q1'24, Free cash flow: $112MQ1'24Q2'24, Free cash flow: $260MQ2'24Q3'24, Free cash flow: $509MQ3'24Q4'24, Free cash flow: $452MQ4'24Q1'25, Free cash flow: $82MQ1'25Q2'25, Free cash flow: $166MQ2'25Q3'25, Free cash flow: $449MQ3'25Q4'25, Free cash flow: $492MQ4'25Q1'26, Free cash flow: −$28MQ1'26Q2'26, Free cash flow: $258MQ2'26Q3'26, Free cash flow: $760MQ3'26−$250M$0$250M$500M$750M$1.0BQ4'22, Free cash flow: $249MQ1'23, Free cash flow: −$108MQ1'23Q2'23, Free cash flow: $286MQ3'23, Free cash flow: $241MQ3'23Q4'23, Free cash flow: $402MQ1'24, Free cash flow: $112MQ1'24Q2'24, Free cash flow: $260MQ3'24, Free cash flow: $509MQ3'24Q4'24, Free cash flow: $452MQ1'25, Free cash flow: $82MQ1'25Q2'25, Free cash flow: $166MQ3'25, Free cash flow: $449MQ3'25Q4'25, Free cash flow: $492MQ1'26, Free cash flow: −$28MQ1'26Q2'26, Free cash flow: $258MQ3'26, Free cash flow: $760MQ3'26

Operating cash flow less capital expenditures; negative quarters in red.

Cash and equivalents against long-term debtCash and equivalentsLong-term debt
$0$500M$1.0B$1.5BQ4'22, Cash and equivalents: $456MQ4'22Q1'23, Cash and equivalents: $420MQ1'23Q2'23, Cash and equivalents: $503MQ2'23Q3'23, Cash and equivalents: $524MQ3'23Q4'23, Cash and equivalents: $790MQ4'23Q1'24, Cash and equivalents: $841MQ1'24Q2'24, Cash and equivalents: $807MQ2'24Q3'24, Cash and equivalents: $1.0BQ3'24Q4'24, Cash and equivalents: $1.3BQ4'24Q1'25, Cash and equivalents: $577MQ1'25Q2'25, Cash and equivalents: $486MQ2'25Q3'25, Cash and equivalents: $655MQ3'25Q4'25, Cash and equivalents: $1.1BQ4'25Q1'26, Cash and equivalents: $916MQ1'26Q2'26, Cash and equivalents: $924MQ2'26Q3'26, Cash and equivalents: $775MQ3'26$0$500M$1.0B$1.5BQ4'22, Cash and equivalents: $456MQ1'23, Cash and equivalents: $420MQ1'23Q2'23, Cash and equivalents: $503MQ3'23, Cash and equivalents: $524MQ3'23Q4'23, Cash and equivalents: $790MQ1'24, Cash and equivalents: $841MQ1'24Q2'24, Cash and equivalents: $807MQ3'24, Cash and equivalents: $1.0BQ3'24Q4'24, Cash and equivalents: $1.3BQ1'25, Cash and equivalents: $577MQ1'25Q2'25, Cash and equivalents: $486MQ3'25, Cash and equivalents: $655MQ3'25Q4'25, Cash and equivalents: $1.1BQ1'26, Cash and equivalents: $916MQ1'26Q2'26, Cash and equivalents: $924MQ3'26, Cash and equivalents: $775MQ3'26

Positions at each quarter end, as filed; short-term investments are not included.

Income statement

Last eight quarters, newest first, through Q3 FY2026 filed October 29, 2026.

EMCOR Group, Inc. income statement, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 29, 2026Q2 FY2026ended Jun 30, 2026filed Jul 30, 2026Q1 FY2026ended Mar 31, 2026filed Apr 29, 2026Q4 FY2025ended Dec 31, 2025filed Feb 26, 2026Q3 FY2025ended Sep 30, 2025filed Oct 30, 2025Q2 FY2025ended Jun 30, 2025filed Jul 31, 2025Q1 FY2025ended Mar 31, 2025filed Apr 30, 2025Q4 FY2024ended Dec 31, 2024filed Feb 26, 2025YoYQ3 FY2026vs Q3 FY2025
Revenue5,5425,1554,6284,5134,3024,3043,8673,770+28.8%
Cost of revenue4,4334,1333,7643,6223,4663,4713,1453,013+27.9%
Gross profit1,1081,022864891835834723757+32.7%
Research and development—————————
Selling, general and administrative528475460462430419404368+23.0%
Operating income546547404574406415319389+34.5%
Other income (expense)—————————
Pretax income550552410578408412324398+34.8%
Income tax15014810514311211084106+33.3%
Net income400404305435295302241292+35.4%
Diluted EPS ($)9.049.066.84—6.576.725.26—+37.6%
Diluted shares (millions)444545—454546——

Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.

Balance sheet

Last eight quarters, newest first, through Q3 FY2026 filed October 29, 2026.

EMCOR Group, Inc. balance sheet, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 29, 2026Q2 FY2026ended Jun 30, 2026filed Jul 30, 2026Q1 FY2026ended Mar 31, 2026filed Apr 29, 2026Q4 FY2025ended Dec 31, 2025filed Feb 26, 2026Q3 FY2025ended Sep 30, 2025filed Oct 30, 2025Q2 FY2025ended Jun 30, 2025filed Jul 31, 2025Q1 FY2025ended Mar 31, 2025filed Apr 30, 2025Q4 FY2024ended Dec 31, 2024filed Feb 26, 2025YoYQ3 FY2026vs Q3 FY2025
Cash and equivalents7759249161,1126554865771,340+18.3%
Short-term investments—————————
Total current assets7,0706,6726,0745,9375,4585,1774,9115,389+29.5%
Total assets11,23610,1579,5089,2918,6408,4008,0797,716+30.0%
Total current liabilities6,0455,2254,8214,8654,5794,3954,2224,154+32.0%
Long-term debt—————————
Total liabilities6,9596,0775,6415,6165,3045,3475,1274,778+31.2%
Stockholders’ equity4,2764,0793,8673,6743,3353,0522,9502,938+28.2%
Shares outstanding (millions)4444444545454545—

Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.

Cash flow statement

Last eight quarters, newest first, through Q3 FY2026 filed October 29, 2026.

EMCOR Group, Inc. cash flow statement, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 29, 2026Q2 FY2026ended Jun 30, 2026filed Jul 30, 2026Q1 FY2026ended Mar 31, 2026filed Apr 29, 2026Q4 FY2025ended Dec 31, 2025filed Feb 26, 2026Q3 FY2025ended Sep 30, 2025filed Oct 30, 2025Q2 FY2025ended Jun 30, 2025filed Jul 31, 2025Q1 FY2025ended Mar 31, 2025filed Apr 30, 2025Q4 FY2024ended Dec 31, 2024filed Feb 26, 2025YoYQ3 FY2026vs Q3 FY2025
Operating cash flow7972891524476194108469+67.6%
Capital expenditures3731293227282618+39.4%
Free cash flow (CFO − capex)760258(28)49244916682452+69.2%
Depreciation and amortization—————————
Share repurchases18818187154020722584—
Dividends paid1818181111111112+57.8%

10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.

Annual statements

Every fiscal year filed, newest first, through FY2025 filed February 26, 2026.

Income statement

EMCOR Group, Inc. income statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 26, 2026FY2024ended Dec 31, 2024filed Feb 26, 2025FY2023ended Dec 31, 2023filed Feb 28, 2024FY2022ended Dec 31, 2022filed Feb 23, 2023FY2021ended Dec 31, 2021filed Feb 24, 2022FY2020ended Dec 31, 2020filed Feb 25, 2021FY2019ended Dec 31, 2019filed Feb 27, 2020FY2018ended Dec 31, 2018filed Feb 21, 2019FY2017ended Dec 31, 2017filed Feb 22, 2018FY2016ended Dec 31, 2016filed Feb 23, 2017FY2015ended Dec 31, 2015filed Feb 25, 2016FY2014ended Dec 31, 2014filed Feb 26, 2015FY2013ended Dec 31, 2013filed Feb 25, 2014FY2012ended Dec 31, 2012filed Feb 26, 2013FY2011ended Dec 31, 2011filed Feb 27, 2012FY2010ended Dec 31, 2010filed Feb 25, 2011FY2009ended Dec 31, 2009filed Jul 29, 2010FY2008ended Dec 31, 2008filed Jul 29, 2010
Revenue16,98614,56612,58311,0769,9048,7979,1758,1317,6877,5526,7196,4256,3346,1955,6134,8525,2286,785
Cost of revenue13,70311,80110,4949,4738,4027,4027,8196,9256,5406,5145,7745,5185,5125,3924,8804,1584,4435,899
Gross profit3,2832,7652,0891,6041,5021,3951,3561,2051,1471,038944907822804734694784887
Research and development——————————————————
Selling, general and administrative1,7141,4201,2111,039971904893799759727657626581544518472517582
Operating income1,7131,345876565531257461403329307287290240260211(27)250303
Other income (expense)——————————————————
Pretax income1,7221,377873559529252451395319296279282233255201(28)247301
Income tax449370240153146119126109911111061048298775296117
Net income1,2731,007633406384133325284227182172169124147131(87)161182
Diluted EPS ($)28.1921.5213.318.107.062.405.754.853.822.972.722.521.822.161.91(1.31)2.382.71
Diluted shares (millions)4547485054555758606163676868686667—

Balance sheet

EMCOR Group, Inc. balance sheet, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 26, 2026FY2024ended Dec 31, 2024filed Feb 26, 2025FY2023ended Dec 31, 2023filed Feb 28, 2024FY2022ended Dec 31, 2022filed Feb 23, 2023FY2021ended Dec 31, 2021filed Feb 24, 2022FY2020ended Dec 31, 2020filed Feb 25, 2021FY2019ended Dec 31, 2019filed Feb 27, 2020FY2018ended Dec 31, 2018filed Feb 21, 2019FY2017ended Dec 31, 2017filed Feb 22, 2018FY2016ended Dec 31, 2016filed Feb 23, 2017FY2015ended Dec 31, 2015filed Feb 25, 2016FY2014ended Dec 31, 2014filed Feb 26, 2015FY2013ended Dec 31, 2013filed Feb 25, 2014FY2012ended Dec 31, 2012filed Feb 26, 2013FY2011ended Dec 31, 2011filed Feb 27, 2012FY2010ended Dec 31, 2010filed Feb 25, 2011FY2009ended Dec 31, 2009filed Jul 29, 2010FY2008ended Dec 31, 2008filed Jul 29, 2010
Cash and equivalents1,1121,340790456821903359364467465487432440605511711727406
Short-term investments——————————————————
Total current assets5,9375,3894,4473,4623,3913,1212,6602,3862,2852,1692,0661,8871,9302,0441,9371,9801,977—
Total assets9,2917,7166,6105,5255,4415,0644,8304,0893,9663,8523,5073,3843,4663,1073,0142,7562,982—
Total current liabilities4,8654,1543,5182,7542,3622,1631,9391,7341,6511,5121,4121,2831,2991,2951,3311,2331,335—
Long-term debt—————————————0————
Total liabilities5,6164,7784,1393,5503,1883,0112,7732,3472,2922,3142,0631,9601,9861,7501,7691,5931,755—
Stockholders’ equity3,6742,9382,4701,9742,2522,0532,0571,7411,6731,5371,4771,4161,4661,3461,2351,1531,218—
Shares outstanding (millions)45454748535556565860616367676767——

Cash flow statement

EMCOR Group, Inc. cash flow statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 26, 2026FY2024ended Dec 31, 2024filed Feb 26, 2025FY2023ended Dec 31, 2023filed Feb 28, 2024FY2022ended Dec 31, 2022filed Feb 23, 2023FY2021ended Dec 31, 2021filed Feb 24, 2022FY2020ended Dec 31, 2020filed Feb 25, 2021FY2019ended Dec 31, 2019filed Feb 27, 2020FY2018ended Dec 31, 2018filed Feb 21, 2019FY2017ended Dec 31, 2017filed Feb 22, 2018FY2016ended Dec 31, 2016filed Feb 23, 2017FY2015ended Dec 31, 2015filed Feb 25, 2016FY2014ended Dec 31, 2014filed Feb 26, 2015FY2013ended Dec 31, 2013filed Feb 25, 2014FY2012ended Dec 31, 2012filed Feb 26, 2013FY2011ended Dec 31, 2011filed Feb 27, 2012FY2010ended Dec 31, 2010filed Feb 25, 2011FY2009ended Dec 31, 2009filed Jul 29, 2010FY2008ended Dec 31, 2008filed Jul 29, 2010
Operating cash flow1,3021,40890049831980635627136626226724715018414970361335
Capital expenditures1137578493648484335403538353830192438
Free cash flow (CFO − capex)1,1891,33382144928375830722833122323120911514712050337298
Depreciation and amortization——5247484744384039363736312726——
Share repurchases5864901286611961130216939410420226242800—
Dividends paid4543332728181819191920211234300—

Insider activity

Form 4 filings by officers, directors and 10% owners, November 1, 2024 to November 1, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.

Bought, three months
$1K
1 purchases by 1 insider; officers and directors $1K
Sold, three months
$0
0 sales by 0 insiders; officers and directors $0
Bought, twelve months
$2K
2 purchases by 1 insider; officers and directors $2K
Sold, twelve months
$41M
10 sales by 9 insiders; officers and directors $41M

The last 25 transactions

TradedInsiderRoleTransactionSharesPriceValueHeld afterFiled
Sep 1, 2026Mcevoy M KevinDirectoropen-market buy2$736.79$1K13,562Oct 19, 2026
Jul 31, 2026Altmeyer John WDirectoraward3$0.00—33,923Aug 3, 2026
Jul 31, 2026Nalbandian Jason RSVP, Chief Acct Officer & CFOaward4$0.00—18,161Aug 3, 2026
Jul 31, 2026Mauricio Maxine LumCAO, EVP & General Counselaward4$0.00—22,484Aug 3, 2026
Jul 31, 2026Guzzi AnthonyChairman, President and CEO, Directoraward13$0.00—167,325Aug 3, 2026
Jun 17, 2026Mcevoy M KevinDirectoropen-market buy1$826.31$82613,560Oct 19, 2026
Jun 17, 2026Lowe Carol PDirectoropen-market sale950$844.50$802K17,278Jun 18, 2026
Jun 4, 2026Walker-Lee Robin ADirectoraward230$0.00—6,370Jun 5, 2026
Jun 4, 2026Schwarzwaelder StevenDirectoraward230$0.00—16,105Jun 5, 2026
Jun 4, 2026Roche Patrick JDirectoraward304$0.00—462Jun 5, 2026
Jun 4, 2026Mcevoy M KevinDirectoraward230$0.00—13,559Jun 5, 2026
Jun 4, 2026Lowe Carol PDirectoraward304$0.00—18,228Jun 5, 2026
Jun 4, 2026Johnson Ronald LDirectoraward230$0.00—5,424Jun 5, 2026
Jun 4, 2026Dahl Amy EDirectoraward230$0.00—908Jun 5, 2026
Jun 4, 2026Altmeyer John WDirectoraward304$0.00—33,920Jun 5, 2026
May 11, 2026Reid William PDirectoropen-market sale2,000$925.78$2M10,149May 13, 2026
May 1, 2026Altmeyer John WDirectoropen-market sale2,500$895.00$2M33,616May 5, 2026
Apr 30, 2026Lind Robert PeterVP and Controlleropen-market sale675$894.27$604K4,216May 4, 2026
Apr 30, 2026Nalbandian Jason RSVP, CFO, Chief Acct. Officeropen-market sale800$856.43$685K18,157May 4, 2026
Apr 30, 2026Guzzi AnthonyChairman, President and CEO, Directorgift3,000$0.00—167,312May 4, 2026
Apr 30, 2026Schwarzwaelder StevenDirectoropen-market sale5,602$895.19$5M15,875May 4, 2026
Apr 30, 2026Reid William PDirectoraward1$0.00—12,149May 1, 2026
Apr 30, 2026Altmeyer John WDirectoraward2$0.00—36,116May 1, 2026
Apr 30, 2026Nalbandian Jason RSVP, Chief Acct Officer & CFOaward4$0.00—18,957May 1, 2026
Apr 30, 2026Mauricio Maxine LumCAO, EVP & General Counselaward4$0.00—22,480May 1, 2026

Full insider history for EMCOR Group, Inc., or insider activity across all companies. A record of filings, not a recommendation.

Sources

Fiscal year ends in month 12; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.

Filer
EMCOR Group, Inc., CIK 105634 on EDGAR
Extract generated
October 30, 2026
Withheld
2 line-years whose four quarters do not sum to the filed year: cost of revenue FY2010, revenue FY2012
Repaired
none
XBRL concepts behind each line

Income statement

Revenue: Revenues, SalesRevenueNet
Cost of revenue: CostOfGoodsAndServicesSold
Gross profit: GrossProfit
Research and development: not filed
Selling, general and administrative: SellingGeneralAndAdministrativeExpense
Operating income: OperatingIncomeLoss
Other income (expense): not filed
Pretax income: IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax: IncomeTaxExpenseBenefit
Net income: NetIncomeLoss
Diluted EPS ($): EarningsPerShareDiluted
Diluted shares (millions): WeightedAverageNumberOfDilutedSharesOutstanding

Balance sheet

Cash and equivalents: CashAndCashEquivalentsAtCarryingValue
Short-term investments: not filed
Total current assets: AssetsCurrent
Total assets: Assets
Total current liabilities: LiabilitiesCurrent
Long-term debt: LongTermDebt
Total liabilities: Liabilities
Stockholders’ equity: StockholdersEquity
Shares outstanding (millions): dei:EntityCommonStockSharesOutstanding

Cash flow statement

Operating cash flow: NetCashProvidedByUsedInOperatingActivities
Capital expenditures: PaymentsToAcquireProductiveAssets
Free cash flow (CFO − capex): not filed
Depreciation and amortization: DepreciationDepletionAndAmortization
Share repurchases: PaymentsForRepurchaseOfCommonStock
Dividends paid: PaymentsOfDividendsCommonStock

The data

The statements on this page as files, generated October 30, 2026.

JSON file
/data/financials/EME.json