EMCOR Group, Inc. (EME) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 4.63B | 4.52B | 4.3B | 4.3B | 3.87B | 3.77B | 3.7B | 3.67B | 3.43B | 3.44B | 3.21B | 3.05B | 2.89B | 2.95B | 2.83B | 2.71B | 2.59B | 2.64B | 2.52B | 2.44B |
| Revenue Growth % | 19.67% | 19.81% | 16.35% | 17.39% | 12.68% | 9.62% | 15.26% | 20.4% | 18.75% | 16.59% | 13.49% | 12.49% | 11.49% | 11.73% | 12.08% | 11.06% | 12.52% | 15.72% | 14.53% | 21.03% |
| Cost of Goods Sold | 3.76B | 3.58B | 3.47B | 3.47B | 3.14B | 3.01B | 2.96B | 2.98B | 2.84B | 2.82B | 2.66B | 2.56B | 2.45B | 2.5B | 2.41B | 2.32B | 2.24B | 2.24B | 2.14B | 2.06B |
| COGS % of Revenue | 81.33% | 79.29% | 80.58% | 80.63% | 81.31% | 79.92% | 80.13% | 81.35% | 82.83% | 82.04% | 82.99% | 83.91% | 84.91% | 84.58% | 85.38% | 85.85% | 86.4% | 84.73% | 84.88% | 84.56% |
| Gross Profit | 863.95M | 935.6M | 835.31M | 833.77M | 722.72M | 757.01M | 734.73M | 684M | 589.31M | 617.75M | 545.47M | 490.06M | 436.06M | 454.8M | 413.23M | 383.01M | 352.56M | 403.04M | 381.34M | 376.28M |
| Gross Margin % | 18.67% | 20.71% | 19.42% | 19.37% | 18.69% | 20.08% | 19.87% | 18.65% | 17.17% | 17.96% | 17.01% | 16.09% | 15.09% | 15.42% | 14.62% | 14.15% | 13.6% | 15.27% | 15.12% | 15.44% |
| Gross Profit Growth % | 19.54% | 23.59% | 13.69% | 21.9% | 22.64% | 22.54% | 34.7% | 39.57% | 35.14% | 35.83% | 32% | 27.95% | 23.69% | 12.84% | 8.36% | 1.79% | 3.37% | 5% | 5% | 19.35% |
| Operating Expenses | 460.11M | 403.96M | 429.62M | 418.56M | 403.96M | 368.45M | 371.19M | 351.19M | 329.36M | 328.55M | 310.49M | 293.39M | 281.15M | 277.62M | 263.14M | 245.36M | 252.6M | 260.02M | 243.92M | 242.92M |
| OpEx % of Revenue | 9.94% | 8.94% | 9.99% | 9.72% | 10.45% | 9.77% | 10.04% | 9.58% | 9.6% | 9.55% | 9.68% | 9.63% | 9.73% | 9.41% | 9.31% | 9.06% | 9.74% | 9.85% | 9.67% | 9.97% |
| Selling, General & Admin | 460.11M | 403.96M | 429.62M | 418.56M | 403.96M | 368.45M | 371.19M | 350.97M | 329.36M | 328.55M | 308.14M | 293.68M | 281.15M | 277.62M | 263.14M | 245.36M | 252.6M | 260.02M | 243.92M | 242.92M |
| SG&A % of Revenue | 9.94% | 8.94% | 9.99% | 9.72% | 10.45% | 9.77% | 10.04% | 9.57% | 9.6% | 9.55% | 9.61% | 9.64% | 9.73% | 9.41% | 9.31% | 9.06% | 9.74% | 9.85% | 9.67% | 9.97% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 221K | 0 | 0 | 1000K | -282K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 403.85M | 531.64M | 405.7M | 415.21M | 318.76M | 388.56M | 363.54M | 332.81M | 259.95M | 289.2M | 234.98M | 196.67M | 154.91M | 177.18M | 150.09M | 137.64M | 99.96M | 143.02M | 137.42M | 133.36M |
| Operating Margin % | 8.73% | 11.77% | 9.43% | 9.65% | 8.24% | 10.31% | 9.83% | 9.08% | 7.57% | 8.41% | 7.33% | 6.46% | 5.36% | 6.01% | 5.31% | 5.08% | 3.86% | 5.42% | 5.45% | 5.47% |
| Operating Income Growth % | 26.69% | 36.82% | 11.6% | 24.76% | 22.62% | 34.36% | 54.71% | 69.22% | 67.81% | 63.22% | 56.56% | 42.88% | 54.98% | 23.89% | 9.22% | 3.21% | -14.57% | 3.92% | 1.15% | 208.74% |
| EBITDA | 403.85M | 566.62M | 455.12M | 461.86M | 360.7M | 423.89M | 398.08M | 367.04M | 289.54M | 320.38M | 265.27M | 225.66M | 183.41M | 205.16M | 177.59M | 163.65M | 127.09M | 171.21M | 166.56M | 161.47M |
| EBITDA Margin % | 8.73% | 12.54% | 10.58% | 10.73% | 9.33% | 11.24% | 10.77% | 10.01% | 8.44% | 9.32% | 8.27% | 7.41% | 6.35% | 6.96% | 6.28% | 6.04% | 4.9% | 6.48% | 6.61% | 6.62% |
| EBITDA Growth % | 11.96% | 33.67% | 14.33% | 25.83% | 24.58% | 32.31% | 50.07% | 62.65% | 57.87% | 56.16% | 49.37% | 37.89% | 44.32% | 19.83% | 6.62% | 1.35% | -11.74% | 3.98% | 2.26% | 267.28% |
| D&A (Non-Cash Add-back) | 0 | 34.98M | 49.43M | 46.65M | 41.95M | 35.32M | 34.54M | 34.23M | 29.59M | 31.19M | 30.29M | 29M | 28.5M | 27.98M | 27.5M | 26.01M | 27.13M | 28.19M | 29.14M | 28.12M |
| EBIT | 403.85M | 675.63M | 407.59M | 415.21M | 318.76M | 424.86M | 363.54M | 333.03M | 259.95M | 304.33M | 237.33M | 196.38M | 154.64M | 180.97M | 151.12M | 138.74M | 101.13M | 144.85M | 138.33M | 134.28M |
| Net Interest Income | 0 | 3.98M | 1.84M | -3.24M | 5.39M | 9.67M | 8.31M | 6.11M | 7.54M | 2.83M | -90K | -2.69M | -1.83M | -4.2M | -3.19M | -1.75M | -1.29M | -1.16M | -1.29M | -1.32M |
| Interest Income | 0 | 7.22M | 1.84M | 0 | 5.39M | 9.67M | 8.31M | 6.11M | 7.54M | 15.41M | 0 | 0 | 0 | 2.76M | 0 | 0 | 0 | 949K | 0 | 0 |
| Interest Expense | 0 | 3.24M | 0 | 3.24M | 0 | 0 | 0 | 0 | 0 | 12.59M | 90K | 2.69M | 1.83M | 6.96M | 3.19M | 1.75M | 1.29M | 2.11M | 1.29M | 1.32M |
| Other Income/Expense | 6.23M | 140.75M | 1.89M | -3.19M | 5.44M | 9.89M | 8.54M | 6.33M | 7.76M | 2.55M | -374K | -2.97M | -2.11M | -3.18M | -2.17M | -657K | -120K | -270K | -378K | -394K |
| Pretax Income | 410.07M | 672.39M | 407.59M | 412.03M | 324.2M | 398.45M | 372.08M | 339.13M | 267.72M | 291.75M | 234.61M | 193.69M | 152.8M | 174M | 147.93M | 136.99M | 99.84M | 142.75M | 137.04M | 132.96M |
| Pretax Margin % | 8.86% | 14.89% | 9.48% | 9.57% | 8.38% | 10.57% | 10.06% | 9.25% | 7.8% | 8.48% | 7.31% | 6.36% | 5.29% | 5.9% | 5.23% | 5.06% | 3.85% | 5.41% | 5.43% | 5.45% |
| Income Tax | 104.59M | 240.6M | 112.22M | 109.87M | 83.52M | 106.29M | 101.81M | 91.56M | 70.57M | 80.23M | 64.86M | 53.1M | 41.33M | 47.7M | 42.15M | 36.32M | 26.45M | 41.08M | 37.3M | 35.62M |
| Effective Tax Rate % | 25.5% | 35.78% | 27.53% | 26.67% | 25.76% | 26.68% | 27.36% | 27% | 26.36% | 27.5% | 27.65% | 27.41% | 27.05% | 27.41% | 28.5% | 26.52% | 26.49% | 28.78% | 27.22% | 26.79% |
| Net Income | 305.48M | 431.79M | 295.37M | 302.16M | 240.68M | 292.16M | 270.26M | 247.57M | 197.15M | 211.52M | 169.41M | 140.59M | 111.47M | 126.3M | 105.77M | 100.66M | 73.39M | 101.67M | 99.74M | 97.35M |
| Net Margin % | 6.6% | 9.56% | 6.87% | 7.02% | 6.22% | 7.75% | 7.31% | 6.75% | 5.74% | 6.15% | 5.28% | 4.62% | 3.86% | 4.28% | 3.74% | 3.72% | 2.83% | 3.85% | 3.96% | 3.99% |
| Net Income Growth % | 26.93% | 47.79% | 9.29% | 22.05% | 22.08% | 38.13% | 59.53% | 76.09% | 76.86% | 67.47% | 60.16% | 39.67% | 51.9% | 24.23% | 6.05% | 3.4% | -13.43% | 27.43% | 63.01% | 216.32% |
| Net Income (Continuing) | 305.48M | 431.79M | 295.37M | 302.16M | 240.68M | 292.16M | 270.26M | 247.57M | 197.15M | 211.51M | 169.75M | 140.59M | 111.47M | 126.3M | 105.77M | 100.66M | 73.39M | 101.67M | 99.74M | 97.35M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 1.04M | 1.04M | 1.11M | 1.97M | 1.97M | 1.04M | 1.04M | 1.04M | 1.04M | 1.04M | 1.04M | 702K | 702K | 702K | 702K | 702K | 702K | 702K | 702K | 702K |
| EPS (Diluted) | 6.84 | 9.64 | 6.57 | 6.72 | 5.26 | 6.32 | 5.80 | 5.25 | 4.17 | 4.47 | 3.57 | 2.95 | 2.33 | 2.63 | 2.16 | 1.99 | 1.39 | 1.89 | 1.85 | 1.78 |
| EPS Growth % | 30.04% | 52.53% | 13.28% | 28% | 26.14% | 41.39% | 62.47% | 77.97% | 78.97% | 69.96% | 65.28% | 48.24% | 67.63% | 39.15% | 16.76% | 11.8% | -9.74% | 30.34% | 66.67% | 217.11% |
| EPS (Basic) | 6.85 | 9.59 | 6.59 | 6.74 | 5.27 | 6.35 | 5.83 | 5.27 | 4.18 | 4.49 | 3.59 | 2.97 | 2.33 | 2.65 | 2.16 | 1.99 | 1.39 | 1.90 | 1.86 | 1.79 |
| Diluted Shares Outstanding | 45.05M | 45.05M | 44.99M | 44.99M | 46.2M | 46.2M | 46.59M | 47.16M | 47.32M | 47.33M | 47.4M | 47.59M | 47.95M | 47.94M | 49.05M | 50.71M | 52.92M | 53.72M | 53.98M | 54.59M |
| Basic Shares Outstanding | 45.05M | 45.05M | 44.83M | 44.83M | 45.99M | 45.99M | 46.4M | 46.97M | 47.14M | 47.1M | 47.17M | 47.39M | 47.78M | 47.71M | 48.87M | 50.51M | 52.71M | 53.42M | 53.7M | 54.3M |
| Dividend Payout Ratio | 5.83% | 2.59% | 3.79% | 3.7% | 4.76% | 3.94% | 4.32% | 4.75% | 4.3% | 4.01% | 5.01% | 6.09% | 6.42% | 5.66% | 6.07% | 6.64% | 9.44% | 6.83% | 7.01% | 7.31% |