EME
EMCOR Group, Inc.

EMCOR Group, Inc.EME

Industrials · Engineering & Construction
721.66USD
-1.48%
Oct 17, 2026
EME overview ready
Specialty electrical and mechanical contractor for power-intensive facility infrastructure
EMCOR is a specialty electrical and mechanical contractor and facilities-services provider that designs, installs, commissions, maintains, and upgrades mission-critical electrical, mechanical, communications, and power systems.
Direct narrative exposure
Exposed to the Electric Grid Capacity Expansion narrative through Grid Interconnection and Electrical Construction — infrastructure supplier.
Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of failed reclaim.
The tactical setup reads failed reclaim, but the weekly structure is broken.
Attractive valuation
Current market expectations look undemanding relative to the strength of its balance sheet.
Unremarkable fundamentals
Primary risk
Exposure to construction and industrial capital spending cycles.
Market Oct 16Filing Jun 30Price action Oct 16Research Oct 6

Conviction Level

NarrativeHeat8.8ThemeHeat8.5PriceAction3.4Valuation9.1CompanyPosition9.3BusinessQuality8.6
Price
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Price Action

Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of failed reclaim.
The tactical setup reads failed reclaim, but the weekly structure is broken.
EntryWeak / unconfirmed recovery

The daily chart may be improving, but the weekly fast averages have not been reclaimed — the recovery is not yet confirmed on the higher timeframe.

Key Financials

Market Cap
$31.8B
Avg Volume (60D)
357.8K
60 sessions
Revenue Growth YoY
+16.6%
FY2025 vs FY2024
Gross Margin
+19.4%
Trailing twelve months
Operating Margin
+10.4%
Trailing twelve months
Free Cash Flow Yield
+3.7%
Distance from 200DMA
-7.4%
Next Earnings
2026-10-29
P/E
22.1x
Market metrics as of Oct 16, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026

Fundamentals & Valuation

The available comparisons disagreed; the intrinsic comparison is the more reliable method for this business and the others are published as dissent.
EMCOR Group, Inc. has a Cheap valuation stance because current market expectations look undemanding relative to the strength of its balance sheet. It trades at a 3.7% free-cash-flow yield, which the underlying economics comfortably support.

Company Research

Thesis
EMCOR is a specialty electrical and mechanical contractor and facilities-services provider that designs, installs, commissions, maintains, and upgrades mission-critical electrical, mechanical, communications, and power systems.
Opportunity
Moderate opportunity
Interconnection and utility capital programs required to energize generation, storage and large new loads.
Key risk
Exposure to construction and industrial capital spending cycles.

Narrative & Theme

Electric Grid Capacity Expansion
Part of Grid Interconnection and Electrical Construction, with strong fit.
The placement is substantively sound.
Narrative HeatHot8.8 / 10
Theme HeatHot8.5 / 10

Business & Markets

Industrials · Engineering & Construction
What they do

EMCOR Group, Inc. provides electrical and mechanical construction and facilities services, including design, installation, commissioning, operation, and maintenance of power, mechanical, and communication systems primarily in the U.S. U.K.

How it earns

Project-based revenue from contracts for construction, installation, and ongoing facilities services.

Products & services
Electrical and mechanical construction
Facilities and industrial services
Power transmission and distribution systems
Energy solutions
Premises electrical and lighting systems
Process instrumentation and low-voltage systems
Voice and data communications systems
Customers & end markets
Commercial and industrial facilities
Utilities and power generation
Data centers
Transportation infrastructure
Market position

Leader in specialty electrical and mechanical contracting and facilities services with a focus on mission-critical infrastructure.

Demand drivers
Medium cyclicality

Demand tied to capital spending cycles in construction, utilities, and industrial sectors.

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