EMCOR (EME) Q3 2025

Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025

Earnings

EMCOR Group posted record third-quarter results on October 30, marking another beat on both the top and bottom lines as the electrical and mechanical construction giant continued to benefit from surging infrastructure demand. Diluted EPS came in at $… Read more EMCOR Group posted record third-quarter results on October 30, marking another beat on both the top and bottom lines as the electrical and mechanical construction giant continued to benefit from surging infrastructure demand. Diluted EPS came in at $6.57, edging past the $6.53 consensus estimate by 0.65%, while revenue of $4.30 billion topped expectations by 0.49% and climbed 16.4% year-over-year. The standout driver was the Electrical Construction segment, which surged to $1.29 billion in revenue from $845.03 million a year ago, expanding its share of consolidated revenue from 23% to 30%, fueled in part by the Miller Electric acquisition that closed earlier this year. Remaining performance obligations hit a record $12.61 billion, up nearly 29% year-over-year, underscoring the depth of the company's pipeline across Network and Communications, Water and Wastewater, and Industrial sectors. Looking ahead, EMCOR narrowed its full-year 2025 revenue guidance to $16.70 billion–$16.80 billion and raised the floor on non-GAAP diluted EPS guidance to $25.00–$25.75, though the strong print still sent shares sharply lower as investors weighed valuation after a prolonged rally.