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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.

Company Overview

Emcor Group Inc (EME) is a specialty contracting powerhouse predominantly active in the United States, renowned for providing robust mechanical construction, electrical construction, and facilities services. The company excels in planning, installing, operating, maintaining, and protecting critical infrastructure systems tailored for a diverse clientele spanning commercial, technology, manufacturing, industrial, healthcare, utility, and institutional sectors. With a structure comprising approximately 100 operating subsidiaries, Emcor has mastered the art of combining broad national reach with the precision of local operational expertise.

Core Business & Operational Segments

The fundamental business of Emcor Group Inc revolves around the delivery of integrated systems designed to ensure the smooth functioning of modern facilities. Its core segments include:

  • United States Mechanical Construction and Facilities Services: This segment is pivotal, focusing on the installation and maintenance of mechanical systems such as HVAC, lighting, and heating.
  • United States Electrical Construction and Facilities Services: Emphasizing the critical aspects of electrical installations, power generation, and essential building infrastructure.
  • United States Building Services: Dedicated to comprehensive facility management, including fire protection and security systems, ensuring that buildings operate safely and efficiently.
  • United States Industrial Services: Encompassing a broad array of services that cater to complex industrial environments, these offerings support the demands of technology-driven and manufacturing sectors.
  • United Kingdom Building Services: Extending its model internationally, this segment reflects the company’s adaptability in addressing diverse regulatory and operational requirements.

Market Position & Industry Significance

Emcor Group Inc stands as a significant entity in the construction and facilities services industry. Its business model is built on offering integrated solutions that combine design, installation, and maintenance, ensuring that both new structures and existing facilities operate seamlessly. This dual approach of constructing new critical infrastructure while supporting the upkeep of historical buildings showcases the company’s versatility. Emcor’s strategic execution across various market segments not only addresses the evolving utilities landscape but also underscores its commitment to operational excellence and safety. Its ability to integrate comprehensive facility services with specialized construction expertise has earned the company recognition in major business publications, a testament to its robust operational strategy and skilled workforce.

Expertise in Infrastructure Solutions

Central to Emcor's value proposition is its deep-seated knowledge in integrating complex infrastructure systems. The company’s seasoned approach, underpinned by relentless focus on safety, operational continuity, and technical excellence, positions it as an expert in managing sophisticated environments. Through layers of quality control and meticulous planning, Emcor ensures that all installations of electrical, mechanical, and building services meet demanding industry standards.

Competitive Landscape & Differentiation

Within a competitive landscape that includes other specialty contractors, Emcor differentiates itself by combining expansive national resources with localized expertise. This rare blend allows for both a broad service offering and custom-tailored project execution. Competitors may match on specific service lines, but Emcor’s integrated service model and comprehensive project lifecycle management provide a distinctive advantage, making it a trusted provider of critical infrastructure in diverse settings. The company’s operational agility and precise understanding of local regulatory environments further enhance its market relevance.

Customer-Centric Approach & Execution Excellence

Emcor Group Inc serves a wide range of customers, from large commercial enterprises to government agencies. Its customer-centric strategy is reflected in a business philosophy that prioritizes tailored solutions, high-quality execution, and robust maintenance support. The firm’s expansive presence across the United States, illustrated by its numerous operational locations, ensures that local needs are met with professionalism and care. The emphasis on team expertise and advanced technical capabilities cements its reputation as a reliable partner in creating and sustaining essential built environments.

In Summary

Emcor Group Inc embodies a balanced blend of operational depth and market breadth in the realm of mechanical and electrical construction and facilities services. With a focus on creating resilient infrastructure in the United States and select international markets, the company represents a critical facet of the broader construction ecosystem. Its structured approach to managing complex projects and commitment to quality and safety establish it as a valued entity in the core sectors it serves.

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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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EMCOR Group, Inc. (NYSE: EME) will release its Q2 2023 results on July 27, 2023. The company will host a conference call with Tony Guzzi, Mark Pompa, and Kevin Matz. The call can be accessed live on the company's website. A replay will be available until August 27, 2023.
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Dynalectric Arizona, a division of EMCOR Group, Inc., has opened a new turnkey electrical services and off-site fabrication facility in Mesa, AZ. The facility aims to expand Dynalectric Arizona's capabilities in the region and address supply chain challenges in the construction industry. It features a cutting-edge fabrication shop and over 180,000 square feet of warehouse space.
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EMCOR Group reported record first-quarter revenues of $2.89 billion, representing an 11.5% increase year-over-year. The diluted earnings per share (EPS) rose to $2.32, a substantial 66.9% increase compared to the prior year. Remaining performance obligations reached $7.87 billion, up 32.3% from $5.95 billion a year earlier. EMCOR also raised its 2023 diluted EPS guidance range to $9.25 to $10.00, improving from the previous range of $8.75 to $9.50. Operating income grew to $154.9 million, constituting 5.4% of revenues, up from 3.9% last year, despite increasing selling, general, and administrative expenses of $281.2 million.

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EMCOR Group, Inc. (NYSE: EME) has announced the release of its first quarter 2023 financial results for the period ending March 31, 2023, scheduled for April 27, 2023. The results will be discussed in a conference call hosted by CEO Tony Guzzi, CFO Mark Pompa, and EVP Kevin Matz, starting at 10:30 AM EDT. Investors can access the call live through a webcast on the company's website, with a replay available two hours post-call until May 27, 2023. EMCOR Group, a Fortune 500 company, specializes in mechanical and electrical construction, industrial and energy infrastructure, and building services.

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EMCOR Group, Inc. (NYSE: EME) has announced a quarterly cash dividend of $0.18 per common share. This dividend is set to be distributed on April 28, 2023, to stockholders recorded as of April 17, 2023. As a leader in mechanical and electrical construction services, EMCOR Group continues to prioritize shareholder value through regular dividend payouts, reflecting its robust financial health and commitment to returning profits to investors.

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EMCOR Group, Inc. reported record revenues of $2.95 billion for Q4 2022 and $11.08 billion for the full year, a rise of 11.7% and 11.8% year-over-year, respectively. Diluted EPS also set records at $2.63 for Q4 and $8.10 for the full year. Remaining performance obligations reached $7.46 billion, marking a 33.2% increase year-over-year. The company expects 2023 revenues between $12.0 billion and $12.5 billion, with diluted EPS guidance of $8.75 to $9.50. Additionally, EMCOR's Board approved a dividend increase to $0.18 per share. Chairman Tony Guzzi highlighted strong demand across various sectors despite supply chain challenges.

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FAQ

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

The current stock price of Emcor Group (EME) is $375.2 as of April 10, 2025.

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

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

What is the core business of Emcor Group Inc?

Emcor Group Inc is primarily engaged in mechanical and electrical construction and facilities services. It provides integrated solutions that encompass planning, installing, operating, and maintaining critical infrastructure systems.

Which operational segments does Emcor Group Inc operate in?

The company operates through several segments including United States mechanical construction and facilities services, electrical construction and facilities services, building services, industrial services, as well as building services in the United Kingdom.

How does Emcor generate revenue?

Emcor generates revenue by providing comprehensive contracting services across various sectors. Its diversified portfolio includes installation, maintenance, and operational management of complex infrastructure systems for a wide range of clients.

What industries does Emcor Group Inc serve?

Emcor serves a broad spectrum of industries including commercial, technology, manufacturing, industrial, healthcare, utilities, and institutional sectors, ensuring reliable infrastructure support across these markets.

How does Emcor ensure localized excellence in its projects?

Emcor combines national resources with a local execution model, leveraging its extensive network of operating subsidiaries. This approach ensures that each project is tailored to regional demands and regulatory requirements.

What sets Emcor apart from other specialty contractors?

Emcor stands out due to its integrated service model that covers the full lifecycle of a project—from construction to maintenance. Its focus on both mechanical and electrical systems, coupled with a customer-centric approach, underscores its distinct market position.

How does Emcor maintain technical and operational expertise?

The company invests in a skilled workforce and comprehensive training initiatives, ensuring that its teams are well-versed in the latest industry practices. This commitment to quality helps maintain high standards across all its service offerings.

What are the market segments that contribute to Emcor's operations?

Emcor’s operations are segmented into mechanical construction, electrical construction, building services, and industrial services. Each segment is focused on delivering specialized support tailored to the unique demands of its respective market.
Emcor Group Inc

NYSE:EME

EME Rankings

EME Stock Data

17.88B
44.85M
1.54%
95.03%
2.06%
Engineering & Construction
Electrical Work
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United States
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