Everus Construction Group ECG
Everus Construction Group scores good on business quality (7.1 of 10). Here is why, in plain words, and what our sealed record shows.
Why it matters
- What Everus Construction Group does
Everus Construction Group provides specialty electrical and mechanical construction services, generating revenue by delivering infrastructure projects for industrial, commercial, and utility clients. The company is driving expansion through high-demand electrical and mechanical contracting work, capturing large-scale project opportunities.
- What it does best
Everus leads peers in capital efficiency, posting a 38.2% ROE that easily outpaces competitors like ACM at 12.5%. This edge comes from specialized project execution and skilled labor management that rivals struggle to duplicate quickly.
- The main risk
Operating in heavy construction exposes Everus to severe project cost overruns and labor inflation, which can rapidly erode thin operating margins if bids fail to price in rising material expenses.
Quality, check by check
Scored against its own industry, from company filings.
Operating margin stands thin at 7.8% while FCF margin reaches 5.9%, reflecting heavy execution costs. This business does not automatically enjoy high operating leverage as scale increases.
Specialized electrical engineering expertise locks in industrial and utility clients who cannot easily swap contractors mid-project. Gross margin ranks in the bottom decile of its sector at 13.0%, limiting economic insulation.
Revenue jumped 31.4% to $4.3B, accelerating sharply from prior years when growth hovered near flat. This top-line surge is powered by heavy demand in its core construction segments.
Debt-to-equity sits at 0.4x with interest coverage at 16.8x, making debt servicing comfortable. Free cash flow surged to $250M, leaving the balance sheet considerably stronger.
Insiders
Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.
1 insider bought $145K on the open market. 1 sold $451K outside pre-planned sales.
Our sealed record on ECG
Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.
The first sealed verdicts appear here on Oct 11, 2026.
Questions
Everus Construction Group scores good on the Cluenex quality check (7.1 of 10), measured against its own industry. Profitability is weak, moat strong, growth fast and financial health strong.
In the last 90 days of SEC Form 4 filings: 1 insider bought $145K on the open market. 1 sold $451K outside pre-planned sales.
Nov 2, 2026.
See ECG today
- Today's verdict on ECG, and why
- Fair value with cautious, base and optimistic cases
- The exact price that would change the verdict
- Which stocks each signal names, the night it fires
Cite this page: Cluenex, “Everus Construction Group (ECG)”, https://cluenex.com/stocks/ecg/, data as of Oct 10, 2026.