EMCOR Group, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $16.99B | $14.57B | $12.58B | $11.08B | $9.90B | $8.80B | $9.17B | $8.13B |
| Cost of Revenue | $13.70B | $11.80B | $10.49B | $9.47B | $8.40B | $7.40B | $7.82B | $6.93B |
| Gross Profit | $3.28B | $2.77B | $2.09B | $1.60B | $1.50B | $1.40B | $1.36B | $1.21B |
| Gross Margin | 19.3% | 19.0% | 16.6% | 14.5% | 15.2% | 15.9% | 14.8% | 14.8% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $1.71B | $1.42B | $1.21B | $1.04B | $970.9M | $903.6M | $893.5M | $799.2M |
| Operating Income | $1.71B | $1.34B | $875.8M | $564.9M | $530.8M | $256.8M | $460.9M | $403.1M |
| Operating Margin | 10.1% | 9.2% | 7.0% | 5.1% | 5.4% | 2.9% | 5.0% | 5.0% |
| Interest Expense | $12.0M | $3.8M | $17.2M | $13.2M | $6.1M | $9.0M | $13.8M | $13.5M |
| Pretax Income | $1.72B | $1.38B | $872.9M | $558.8M | $529.3M | $252.3M | $450.9M | $395.0M |
| Income Tax Expense | $448.8M | $370.2M | $239.5M | $152.6M | $145.6M | $119.4M | $125.7M | $109.1M |
| Net Income | $1.27B | $1.01B | $633.0M | $406.1M | $383.5M | $132.9M | $325.1M | $283.5M |
| Net Margin | 7.5% | 6.9% | 5.0% | 3.7% | 3.9% | 1.5% | 3.5% | 3.5% |
| EPS (Basic) | $28.30 | $21.61 | $13.37 | $8.13 | $7.09 | $2.41 | $5.78 | $4.88 |
| EPS (Diluted) | $28.19 | $21.52 | $13.31 | $8.10 | $7.06 | $2.40 | $5.75 | $4.85 |
| Shares Outstanding (Basic) | 45.0M | 46.6M | 47.4M | 49.9M | 54.1M | 55.2M | 56.2M | 58.1M |
| Shares Outstanding (Diluted) | 45.1M | 46.8M | 47.6M | 50.1M | 54.3M | 55.4M | 56.5M | 58.4M |
| Dividends Per Share | $1.00 | $0.93 | $0.69 | $0.54 | $0.52 | $0.32 | $0.32 | $0.32 |