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EMCOR Group EME

EMCOR Group scores good on business quality (7.5 of 10). Here is why, in plain words, and what our sealed record shows.

Last price$789.45Oct 9, 2026
Business qualityGood
Next earningsOct 22, 2026
Insiders, 90 daysQuiet

Why it matters

  1. What EMCOR Group does

    EMCOR Group provides electrical and mechanical construction, industrial services, and building facilities maintenance. Commercial, industrial, and institutional customers pay for these essential infrastructure installation and upkeep services. The company is expanding its project delivery footprint through specialized electrical and mechanical infrastructure services, supported by strong revenue generation across its operating segments.

  2. What it does best

    EMCOR excels at high-complexity electrical and mechanical construction, delivering a return on equity of 38.5% that outpaces peers like PWR at 14.7%. This advantage stems from deep technical expertise and long-standing labor relationships that smaller regional contractors cannot easily duplicate.

  3. The main risk

    Execution risk on large-scale fixed-price projects remains a primary threat. If labor shortages or material cost overruns hit multi-million-dollar installations, project margins can compress rapidly and erase expected earnings gains.

Quality, check by check

Scored against its own industry, from company filings.

ProfitabilityWeak

Gross margin sits at 19.4% with operating margin at 10.4%, reflecting moderate profitability that lags sector peers in gross terms. The business generates strong cash flow of $1.2B but margins remain tight relative to top-tier industrials.

MoatStrong

Scale and specialized technical labor create a durable moat, locking in large corporate and institutional clients who cannot risk failure on critical infrastructure. Its ROE ranks in the top quartile of its sector at 83rd percentile.

GrowthFast

Revenue grew 16.6% to $18.6B, continuing a steady multi-year expansion visible across its history where revenue climbed from $8.8B in 2020.

Financial healthStrong

Debt is virtually non-existent with a total debt of $6.0 million against $1.1B in cash, leaving the balance sheet pristine. Free cash flow stands at $1.2B and continues to strengthen.

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.

No open market buys or unplanned sales by executives or directors.

Our sealed record on EME

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

Is EME a good business?

EMCOR Group scores good on the Cluenex quality check (7.5 of 10), measured against its own industry. Profitability is weak, moat strong, growth fast and financial health strong.

Are insiders buying EME?

In the last 90 days of SEC Form 4 filings: No open market buys or unplanned sales by executives or directors.

When does EME report earnings?

Oct 22, 2026.

For members

See EME today

  • Today's verdict on EME, 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
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Cite this page: Cluenex, “EMCOR Group (EME)”, https://cluenex.com/stocks/eme/, data as of Oct 10, 2026.