EMCOR Group revenue and financials
$823.89Change from previous close: +5.74%Absolute change: +$44.69
In the fiscal year ended December 2025, EMCOR Group reported revenue of $16.99B (+16.62% year over year). Net income was $1.27B, a net margin of 7.5%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +16.62%
- 2025 vs 2024
- Net income growth
- +26.38%
- 2025 vs 2024
- Net margin
- 7.5%
- 2024: 6.9%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 1,302 | 1,408 | 900 | 498 | 319 | 806 | 356 | 271 | 366 | 262 |
| Depreciation and amortization | 67.4 | 56.7 | 51.8 | 47.3 | 48.3 | 46.7 | 43.9 | 38.5 | 39.9 | 38.9 |
| Capital expenditure | -113 | -75.0 | -78.4 | -49.3 | -36.2 | -48.0 | -48.4 | -43.5 | -34.7 | -39.6 |
| Investing cash flow | -874 | -299 | -161 | -141 | -153 | — | — | — | — | — |
| Financing cash flow | -664 | -555 | -412 | -710 | -245 | — | — | — | — | — |
| Dividends paid | -45.0 | -43.4 | -32.7 | -27.2 | -28.2 | -17.7 | -18.0 | -18.6 | -19.0 | -19.5 |
| Share repurchases | -586 | -490 | -128 | -661 | -196 | -113 | 0.0 | -216 | -93.2 | -94.2 |
| Debt issued | 525 | 0.0 | 200 | 270 | — | — | — | — | — | — |
| Debt repaid | -528 | -2.9 | -449 | -287 | -18.1 | — | — | — | — | — |
| Effect of exchange rates | 6.9 | -2.6 | 6.4 | -12.5 | -1.3 | — | — | — | — | — |
| Net change in cash | -228 | 551 | 333 | -366 | -81.0 | — | — | — | — | — |
| Free cash flow | 1,189 | 1,333 | 821 | 449 | 283 | — | — | — | — | — |
| Levered free cash flow | 991 | 1,156 | 711 | 367 | 262 | — | — | — | — | — |