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Emcor Group Inc - EME STOCK NEWS

Welcome to our dedicated page for Emcor Group news (Ticker: EME), a resource for investors and traders seeking the latest updates and insights on Emcor Group stock.

Overview of EMCOR Group Inc.

EMCOR Group Inc. (NYSE: EME) is a Fortune 500® company and a leading provider of mechanical and electrical construction services, industrial and energy infrastructure solutions, and building services. With a broad portfolio of offerings, EMCOR plays a pivotal role in designing, installing, operating, maintaining, and protecting critical infrastructure systems that power and sustain modern facilities. These systems include electrical, mechanical, lighting, heating, ventilation, air conditioning (HVAC), security, fire protection, and power generation solutions. The company serves a diverse range of industries, including commercial, healthcare, industrial, technology, manufacturing, utility, and government sectors, providing tailored solutions to meet the unique needs of its clients.

Core Business Segments

EMCOR's operations are organized into distinct business segments, each contributing to its diversified revenue streams:

  • United States Mechanical Construction and Facilities Services: This segment focuses on the design, installation, and maintenance of mechanical systems, including HVAC, plumbing, and fire protection systems. It represents a significant portion of EMCOR's revenue, reflecting its expertise in complex infrastructure projects.
  • United States Electrical Construction and Facilities Services: Specializing in electrical systems, this segment handles installation and maintenance of power distribution, lighting, and security systems, ensuring operational efficiency and safety for clients.
  • United States Building Services: This segment provides comprehensive facilities management solutions, including energy efficiency upgrades, preventive maintenance, and on-site operational support. It caters to a wide range of commercial and institutional clients.
  • United States Industrial Services: Focused on energy and industrial sectors, this segment delivers specialized services such as refinery maintenance, process piping, and energy infrastructure support.
  • United Kingdom Building Services: Extending its reach internationally, this segment provides mechanical and electrical services in the UK, leveraging EMCOR's expertise in global markets.

Market Position and Competitive Edge

EMCOR stands out in its industry due to its unique combination of national scale and localized execution. With approximately 33,000 skilled employees and over 170 locations, the company delivers personalized, high-quality services while benefiting from the economies of scale. This dual approach enables EMCOR to handle projects of varying complexity and scale, from small facilities to large industrial plants. Its ability to integrate multiple services under one roof provides clients with streamlined solutions, reducing costs and improving efficiency.

Industry Context and Challenges

Operating in the highly competitive construction and facilities management industry, EMCOR faces challenges such as fluctuating material costs, labor shortages, and evolving regulatory requirements. However, the company's focus on energy-efficient and sustainable solutions positions it well to address growing market demand for environmentally responsible infrastructure. Additionally, its diversified client base across multiple industries reduces dependency on any single market, enhancing its resilience to economic fluctuations.

Geographic Reach and Clientele

While the majority of EMCOR's revenue is derived from the United States, the company's operations extend internationally through its United Kingdom Building Services segment. Its diverse clientele includes commercial enterprises, healthcare facilities, educational institutions, industrial plants, and government organizations. This wide-ranging customer base underscores EMCOR's adaptability and ability to meet varied infrastructure needs.

Conclusion

EMCOR Group Inc. is a cornerstone of the construction and facilities management industry, offering a comprehensive suite of services that enable the creation and maintenance of sophisticated infrastructure systems. Its strategic focus on diversification, energy efficiency, and localized execution solidifies its position as a trusted partner for businesses and organizations across numerous sectors. By combining expertise, innovation, and a commitment to quality, EMCOR continues to play a vital role in shaping and sustaining the built environment.

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EMCOR Group, Inc. (NYSE: EME) executives will participate in the 16th Annual Evercore ISI Industrial Conference, including a fireside chat discussion. The Company is a Fortune 500 leader in construction, infrastructure, and building services.
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EMCOR Group, Inc. (NYSE: EME) reports record quarterly and full-year revenues, diluted EPS, and remaining performance obligations for 2023. The company achieved net income of $211.5 million for Q4 2023, with revenues totaling $3.44 billion. For the full year, revenues reached $12.58 billion, with net income of $633.0 million. EMCOR also provided guidance for 2024 with expected revenues between $13.5 billion and $14.0 billion and diluted EPS in the range of $14.00 to $15.00.
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EMCOR Group, Inc. (NYSE: EME) will release its Q4 2023 results on February 28, 2024. The company will host a conference call, with key executives discussing the financials and business outlook. Listeners can access the call live over the Internet. EMCOR Group, Inc. is a Fortune 500 leader in mechanical and electrical construction services, industrial and energy infrastructure, and building services.
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EMCOR Group, Inc. (NYSE: EME) declares a regular quarterly cash dividend of $0.18 per common share. The dividend will be paid on January 31, 2024, to stockholders of record as of January 16, 2024. EMCOR Group, Inc. is a Fortune 500 leader in mechanical and electrical construction services, industrial and energy infrastructure, and building services.
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EMCOR Group, Inc. (NYSE: EME) announced the planned realignment of responsibilities, with Mark A. Pompa and R. Kevin Matz stepping down as Executive Vice President and Chief Financial Officer and Executive Vice President Shared Services, respectively, effective April 1, 2024. Jason R. Nalbandian, the Chief Accounting Officer, will succeed Mr. Pompa as Senior Vice President and Chief Financial Officer while maintaining his current Chief Accounting Officer responsibilities. The company expressed gratitude for the contributions of the outgoing executives and confidence in the capabilities of the incoming leadership.
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EMCOR Group reports record quarterly revenues of $3.21 billion, a 13.5% increase YoY. Diluted earnings per share also reach a record high of $3.57. The company increases its 2023 non-GAAP diluted EPS guidance range to $12.25-$12.65 and raises its 2023 revenue guidance to approximately $12.5 billion.
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EMCOR Group, Inc. to release Q3 2023 results on October 26, 2023.
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EMCOR Group, Inc. declares $0.18 per share cash dividend
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EMCOR Group, Inc. executives to participate in fireside chat at D.A. Davidson conference
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EMCOR Group, Inc. (NYSE: EME) reported record quarterly revenues of $3.05 billion, a 12.5% increase year-over-year. Diluted EPS also reached a record at $2.95, a 48.2% increase year-over-year. Remaining performance obligations grew to $8.29 billion, a 28.2% increase year-over-year. The company also raised its 2023 diluted EPS guidance range to $10.75 - $11.25 from $9.25 - $10.00.
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FAQ

What is the current stock price of Emcor Group (EME)?

The current stock price of Emcor Group (EME) is $374.87 as of March 6, 2025.

What is the market cap of Emcor Group (EME)?

The market cap of Emcor Group (EME) is approximately 17.9B.

What does EMCOR Group Inc. do?

EMCOR provides mechanical and electrical construction, industrial and energy infrastructure solutions, and building services across various sectors.

What industries does EMCOR serve?

EMCOR serves industries including commercial, healthcare, industrial, technology, manufacturing, utilities, and government sectors.

What are EMCOR's primary business segments?

EMCOR operates through segments like U.S. Mechanical Construction, U.S. Electrical Construction, Building Services, Industrial Services, and U.K. Building Services.

How does EMCOR differentiate itself in the market?

EMCOR combines national scale with localized execution, offering integrated solutions and a diverse portfolio of services to meet varied client needs.

Where does EMCOR generate most of its revenue?

The majority of EMCOR's revenue is generated in the United States, with additional contributions from its U.K. Building Services segment.

What types of services does EMCOR provide in facilities management?

EMCOR offers energy efficiency upgrades, preventive maintenance, on-site operational support, and comprehensive facilities management solutions.

What systems does EMCOR specialize in maintaining and installing?

EMCOR specializes in electrical, mechanical, HVAC, lighting, security, fire protection, and power generation systems.

Does EMCOR operate internationally?

Yes, EMCOR operates internationally through its U.K. Building Services segment, in addition to its extensive U.S. operations.

What makes EMCOR resilient to market fluctuations?

EMCOR's diversified client base and service offerings across multiple industries reduce dependency on any single market, enhancing resilience.
Emcor Group Inc

NYSE:EME

EME Rankings

EME Stock Data

17.85B
44.75M
1.54%
95.19%
1.51%
Engineering & Construction
Electrical Work
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United States
NORWALK