EMCOR Group, Inc. (EME) Fundamental Checkup
EMCOR Group, Inc. fundamental checkup using revenue growth, EPS growth, free cash flow, margins, ROIC, debt-to-equity, and TGMCharts chart exhibits as of September 4, 2026.
By TGMCharts Research · Data as of · Updated
EMCOR Group, Inc. gets a balanced fundamental read when revenue growth of 15.06%, EPS growth of 63.55%, free-cash-flow growth of 19.34%, net margin of 7.72%, and ROIC of 26.94% support the same story.
The checkup weighs operating growth, shareholder conversion, cash conversion, reinvestment quality, and balance-sheet flexibility. Current ratio is 1.28x and debt-to-equity is 0.13x, so the balance-sheet read is part of the final view rather than a footnote.
- EMCOR Group, Inc. has market cap of $33.27B and closed at $754 on September 4, 2026.
- Five-year revenue CAGR is 15.06% and five-year EPS CAGR is 63.55%.
- Five-year free-cash-flow CAGR is 19.34%.
- Net margin is 7.72% and ROIC is 26.94%.
- Current ratio is 1.28x and debt-to-equity is 0.13x.
Fundamental snapshot
The valuation, growth, profitability, and balance-sheet facts behind the checkup.
The Read
EMCOR Group, Inc. should be read through one research question: do growth, cash conversion, profitability quality, balance-sheet flexibility, and valuation point to the same fundamental story? The latest close is $754 as of September 4, 2026, but the checkup starts with business evidence before returning to the market price.
The answer starts with five-year revenue CAGR of 15.06% and five-year EPS CAGR of 63.55%, then tests that growth against five-year free-cash-flow CAGR of 19.34%. A serious fundamental note should not let one growth line carry the whole argument.
Current compounder snapshot · EME
Live supporting context; not part of the article's frozen 2026-09-04 evidence snapshot.
- Score
- 25/100
- 10Y CAGR
- 9.7%
- Median YoY
- 11.9%
- YoY volatility
- σ 8.0pp· smooth
- Quarters ≥ 20%
- 2 of 40
- Negative quarters
- 5
- Valuation vs own 10Y history
- P/S 1.8x · 10Y median 0.6x · 93rd percentile · as of Sep 4, 2026
How this score is computed
- Quarters at or above 20%: 2 of 40 → 2 of 40 pts
- Steadiness (typical swing 8.0pp) → 19.3 of 25 pts
- Pace (median 11.9% YoY) → 0 of 20 pts
- Latest quarter (19.8% YoY) → 3.6 of 15 pts
- Score: 25 of 100
Annualized revenue (TTM) · by quarter, last 40
Quarterly YoY revenue growth vs the 20% line
P/S multiple vs its 10Y median
Business Quality Snapshot
EMCOR Group, Inc. operates in Industrials, so the article treats the company as an operating business with measurable growth, margin, reinvestment, and balance-sheet evidence. The snapshot keeps market cap, valuation, growth, quality, and leverage in one view before the prose moves into the chart exhibits.
Fundamental evidence table
A compact cross-check of valuation, growth, quality, and financial flexibility.
EME revenue
Revenue history shows whether the business has been expanding before margins and per-share metrics are considered.
Five-year revenue CAGR: 15.06%. This is endpoint-to-endpoint from the fiscal years shown — a depressed start year can inflate it, so read it against the recent bars.
Five-year revenue CAGR of 15.06% is the top-line test. A fundamental checkup becomes more durable when revenue growth is paired with earnings growth instead of depending only on margin expansion.
Growth Conversion
Growth conversion asks whether sales growth becomes per-share earnings. Revenue growth of 15.06% is the top-line evidence, while EPS growth of 63.55% shows shareholder conversion. If EPS outpaces revenue, the next section has to check whether that came with durable cash flow and margin quality.
EME EPS
EPS history shows how much of the business growth has reached shareholders.
Five-year EPS CAGR: 63.55%. This is endpoint-to-endpoint from the fiscal years shown — a depressed or negative start year can inflate it, so read it against the recent bars.
Five-year EPS CAGR of 63.55% is the shareholder conversion check. If EPS grows faster than revenue, the note should ask whether that came from margin quality, buybacks, or a temporary base effect.
Cash Flow Support
Cash flow is the first counterpoint to an earnings-led story. Five-year free-cash-flow CAGR is 19.34%, so the free-cash-flow exhibit sits immediately after the growth-conversion section. If cash flow lags EPS, the article should reduce confidence in the quality of the earnings path.
EME free cash flow
Free cash flow checks whether earnings are converting into owner cash.
Five-year free-cash-flow CAGR: 19.34%. This is endpoint-to-endpoint from the fiscal years shown — a depressed or negative start year can inflate it, so read it against the recent bars.
Free-cash-flow CAGR of 19.34% is the counterweight to the EPS story. If cash flow lags earnings, the quality of the fundamental setup deserves a more cautious reading.
Margin And ROIC Quality
The quality read depends on whether net margin of 7.72% and ROIC of 26.94% support the growth record. Margins show how much revenue becomes profit, while ROIC tests whether reinvested capital is earning enough to make growth more valuable.
EME net margin
Net margin is the operating-quality check behind the growth record.
Net margin (TTM): 7.72%. The bars below are annual fiscal years.
Net margin of 7.72% shows how much revenue becomes profit. The checkup is stronger when margin quality supports EPS growth rather than simply flattering one recent period.
EME ROIC
ROIC tests whether the business earns enough on reinvested capital to deserve attention.
Latest ROIC: 26.94%.
ROIC of 26.94% is the reinvestment-quality check. A business with stronger returns can support a better long-term read even when the valuation is not obviously cheap.
Balance Sheet Flexibility
Balance-sheet flexibility is the guardrail around the growth story. Current ratio is 1.28x and debt-to-equity is 0.13x. Those figures matter because a company can show growth and margins while still losing flexibility if leverage rises or liquidity tightens.
EME debt-to-equity Chart
Debt-to-equity keeps the checkup honest about balance-sheet flexibility.
Latest debt-to-equity ratio: 0.13x.
Debt-to-equity of 0.13x and current ratio of 1.28x are the balance-sheet checks. They matter because growth and margins are less valuable if financial flexibility is narrowing.
Valuation Context
Valuation is the final context, not the opening verdict. The stock trades at 23.56x trailing earnings and offers an earnings yield of 4.24%. That tells the reader how much growth and quality the market is already asking the business to defend.
EME Price Chart
Latest close: $754 as of September 4, 2026.
The close at $754 is not the conclusion, but it is the market reference point. The fundamental read has to explain whether growth, margins, and balance-sheet support justify the price investors are paying.
Bull/Bear Case
The bull case is that revenue, EPS, free cash flow, margins, ROIC, and financial flexibility keep reinforcing the same business-quality read. The bear case is that one of those links breaks while valuation still reflects the stronger historical record. This is where the note turns from metric list to research judgment.
Bull and bear case
Fundamental support
- Five-year revenue CAGR of 15.06% and five-year EPS CAGR of 63.55% support the business case.
- Net margin of 7.72% and ROIC of 26.94% are the quality checks behind the thesis.
Fundamental pressure
- Free-cash-flow CAGR of 19.34% can weaken the read if it falls away from EPS growth.
- Debt-to-equity of 0.13x and current ratio of 1.28x are the balance-sheet checks that can change the view.
Final Read
The final read should change if the daily data updates move revenue growth, EPS growth, free-cash-flow growth, ROIC, or debt-to-equity away from the evidence above. It is general research context only, not personalized investment advice or a buy or sell call.
FAQ
What is the fundamental read on EME?
EMCOR Group, Inc. is judged through revenue growth of 15.06%, EPS growth of 63.55%, free-cash-flow growth of 19.34%, net margin of 7.72%, and ROIC of 26.94%.
Which EME fundamental metric matters most?
No single metric carries the article. The checkup requires growth, cash conversion, profitability quality, balance-sheet flexibility, and valuation to be read together.
When should this EME checkup refresh?
Its figures are as of September 4, 2026, the note's dated snapshot; a note whose figures stop verifying against reported data is corrected or unpublished.
What would change our mind
- Revenue growth moving away from the current five-year CAGR of 15.06%.
- Free-cash-flow growth drifting away from five-year EPS CAGR of 63.55%.
- ROIC or balance-sheet flexibility weakening from ROIC of 26.94% and debt-to-equity of 0.13x.
The bottom line
EMCOR Group, Inc. fundamental research note from TGMCharts Research, grounded in a dated fundamentals snapshot, chart exhibits, and linked source facts.
Read next: EME fundamentalsContinue with EMCOR Group, Inc.'s full stock page.How we checked this researchShowHide
Data snapshot · By TGMCharts Research.
Every number in this note comes from data we compute and store ourselves from the company's reported figures, plus verbatim excerpts from its SEC filings. When a value isn't available we say so — we never fill gaps with estimates.
Latest filing excerpt
10-Q · filed 2026-07-30 · period 2026-06-30 · SEC EDGAR source
- “This segment's results for the three and six months ended June 30, 2026 benefited from increased activity across a number of the market sectors we serve as well as incremental acquisition revenues of $20.5 million and $130.9 million, respectively.”
- “Selling, general and administrative expenses for the three and six months ended June 30, 2026 additionally decreased by $8.2 million and $15.4 million, respectively, as a result of the sale of EMCOR UK.”
- “When compared to December 31, 2025, remaining performance obligations increased by $3.89 billion due to new contract awards within our United States construction segments and our United States building services segment.”
- “For the quarter ended June 30, 2026, operating income was $547.3 million, or 10.6% of revenues, establishing new records for the Company with respect to a second quarter.”
Source pages
Exhibit sources
Research trail
Every number, checked
Every numeric or dated claim in this note was checked against our stored company data before publishing — each figure below links to the page it comes from.