EME
Emcor
$811.08
▲ 0.3%Updated Aug 7, 11:30 AM ET
EME at a glance — five pillars scored 0–100 from real filed financials.
Overall: Favorable · 66/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.
▲ Up 72.4% over the last 12 months
Market Cap
$34.43B
P/E
26.96x
Forward P/E (est.)
20.47x
ROE
38.4%
Revenue Growth
18.3%
EPS Growth
31.7%
Profit Margin
7.5%
FCF Yield
1.7%
Debt / Equity
0x
ROIC
35.0%
Interest Coverage
142.55x
Current Ratio
1.26x
Dividend Yield
0.2%
Implied Growth (rev. DCF)
5.4%
Rating Score
66/100
Emcor (EME) is a large-cap company in the Construction & Engineering industry, part of the Industrials sector of the S&P 500, with a market value around $34.43B.
In its latest reported year it generated about $16.99B in revenue and $1.27B in net profit.
Our model rates EME Favorable (66/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
Evidence of durable competitive advantage in the filed financials (10 years of history).
Some durable-advantage evidence, but not across the board — dig into which ingredient is weak and whether it's cyclical or structural.
18.3% average over the last 3 years
±1.8 pts around 15.9% across 10 years
grew in 8 of the last 9 year-over-year periods
positive in 10 of 10 years
35.0% latest fiscal year
A moat can't be proven by numbers alone — this scores the evidence a durable advantage leaves behind (pricing power, consistency, returns on capital), computed the same way for every stock. Pair it with the business overview before concluding anything.
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what EME's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. EME trades near $811.08, around its 50-day average ($858.29) and 200-day average ($734.24). Price tangled in its moving averages means there is no clear trend — the stock is ranging.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 44 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently negative — short-term momentum is fading.
Volatility — ATR. Average True Range is the typical daily move. EME's is $32.82 (~4.0% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month EME found buyers near $763.43 (support) and sellers near $876.52 (resistance); its 52-week range is $529.04–$951.96. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 1.2× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
4Y CAGR
14.4%
Revenue moved from $7.55B in 2016 to $16.99B in 2025, a 9.4% compound annual growth rate. The most recent year grew a strong 18.3% year over year. Consistent top-line growth is one sign of healthy demand.
Gross Margin
19.3%
Operating Margin
10.1%
Net Margin
7.5%
ROE
38.4%
Emcor keeps about 7.5% of each sales dollar as net profit, with a 19.3% gross margin and 10.1% operating margin. Return on equity is 38.4% and return on invested capital about 35.0%. Margins are moderate — typical of a competitive but profitable business.
Total Debt
$0.00
Net Debt
-$916.42M
Net cash position
Net Debt / EBITDA
-0.53x
Debt / Equity
0x
Leverage: debt-to-equity is 0.0x, and operating profit covers interest about 142.6x, with a current ratio of 1.3x. That is a conservative balance sheet — a cushion in downturns. It carries roughly $0.00 of total debt against $916.42M of cash.
Operating CF
$1.30B
Free Cash Flow
$1.19B
FCF Margin
7.0%
In the latest year Emcor produced about $1.30B of operating cash flow and $1.19B of free cash flow after capital spending. That is a free-cash-flow yield of about 1.7% on today's price. Cash flow is what ultimately pays shareholders, so it is worth tracking over time.
Can the payout survive a bad year? Scored from filed cash flow, earnings coverage, and the raise/cut record.
The payout is comfortably covered by cash the business actually generates, with a raise habit behind it.
Dividend yield
0.2%
Per share (latest FY)
$1.00
Total paid (latest FY)
$45.02M
History on record
10 years
dividend uses 4% of free cash flow
4% of net income paid out
total dividends increased 3 years in a row
no cuts in the last 10 years on record
Coverage uses the latest fiscal year as filed with the SEC; the streak counts total dollars paid (per-share figures can carry split artifacts). Educational information, not income advice.
P/E
26.96x
P/S
2.19x
P/B
7.24x
EV / EBITDA
—
EME trades at 27.0x trailing earnings (about 20.5x on estimated forward earnings), 2.2x sales, and 7.2x book value. Reverse-engineering today's price implies the market expects roughly 5.4% long-term free-cash-flow growth. That is a premium multiple that needs growth to justify it.
A two-stage discounted cash flow on real SEC-filed free cash flow — the intrinsic-value anchor professional analysts triangulate from.
DCF fair value / share
$1,012.47
Current price
$811.08
Starting FCF (latest 10-K)
$1.19B
Growth, years 1–5
18.3%
Fade to terminal, years 6–10
2.5%
Discount rate
9.0%
Cash flows grow at the stage-1 rate (trailing revenue growth, capped at 20%) for five years, fade to 2.5% by year 10, and continue at that rate forever (Gordon terminal value), all discounted at 9.0%. Small changes in assumptions move the result a lot — treat this as one reference point, not a target price. Educational only, not investment advice.
Where EME sits versus its Industrials sector peers in the S&P 500.
Bands show the middle half (25th–75th percentile) of the 144 Industrials companies in the S&P 500 — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.
How EME stacks up against its Industrials peers — valuation, profitability, and growth versus the sector median.
In the Industrials sector (273 S&P 500 companies), EME ranks #8 of 273 by our overall rating. It trades at a discount versus the sector on earnings (27x P/E vs. 32x median) with a higher return on equity (38.4% vs. 18.1%) and faster revenue growth (18.3% vs. 6.0%).
P/E vs sector
27x
median 32x
ROE vs sector
38.4%
median 18.1%
Growth vs sector
18.3%
median 6.0%
Sector rank
#8
of 273 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Industrials companies by sub-industry and size. Sector median is across all 273 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$0.00 – $0.00
vs. $811.08 today · expected CAGR 5% – 16%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $20.04B | $23.65B | $27.91B | $32.93B | $38.86B |
| Net income | $1.40B | $1.66B | $1.95B | $2.31B | $2.72B |
| EPS | $33.06 | $39.01 | $46.03 | $54.31 | $64.09 |
| Share price (low) | $528.91 | $624.11 | $736.45 | $869.01 | $1,025.43 |
| Share price (high) | $892.53 | $1,053.18 | $1,242.76 | $1,466.45 | $1,730.41 |
| CAGR (low–high) | -35% / 10% | -12% / 14% | -3% / 15% | 2% / 16% | 5% / 16% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for EME:
- Revenue is growing 18.3% a year, a sign of real demand.
- Strong return on equity (38.4%) shows capital is put to work well.
- A conservative balance sheet (debt/equity 0.0x) lowers risk.
- Our model's overall read is Favorable (66/100).
The case against EME:
- Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the fundamentals screen favourably: Emcor is a large-cap industrials business still growing nicely, with modest profitability, and a sound balance sheet. It trades at 27.0x earnings, which our model scores Favorable (66/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Analyst Ratings
What 14 Wall Street analysts covering EME recommend (August 2026). Consensus is a useful sanity check — not a substitute for your own homework.
Latest SEC Filings
EME's most recent filings, straight from SEC EDGAR. Annual and quarterly reports are the deep dives; 8-Ks flag material events the moment they happen.
In the Idea Lab
EME — frequently asked questions
Is EME a good stock to buy?
We don't give buy or sell advice. Our model rates Emcor Favorable (66/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.
What is EME's rating on The Stocks School?
Emcor currently scores 66/100 (Favorable) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.
How our ratings work →Where does EME's data come from?
Live price data plus real fundamentals and 5-year financials pulled directly from Emcor's SEC filings — refreshed automatically, not hand-entered.
How is the 5-year projection for EME calculated?
It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.
Is this EME analysis financial advice?
No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell EME. Always do your own research and consider a licensed professional.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.