EMCOR Group, Inc. ( (EME) ) has released its Q1 earnings. Here is a breakdown of the information EMCOR Group, Inc. presented to its investors.
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EMCOR Group, Inc. is a Fortune 500 company specializing in mechanical and electrical construction services, industrial and energy infrastructure, and building services. The company is recognized for its expertise in executing complex projects across diverse end markets.
EMCOR Group, Inc. reported record first-quarter 2025 results with revenues reaching $3.87 billion, marking a 12.7% increase year-over-year. The company also achieved a record diluted EPS of $5.26 and a non-GAAP diluted EPS of $5.41. Additionally, EMCOR’s remaining performance obligations surged to $11.75 billion, reflecting a 28.1% increase from the previous year.
Key financial highlights include a net income of $240.7 million for the first quarter of 2025, up from $197.1 million in the same period of 2024. The company’s operating income rose to $318.8 million, representing 8.2% of revenues, with notable contributions from the U.S. Electrical and Mechanical Construction segments. The integration of Miller Electric, acquired during the quarter, added $183 million in revenues to the U.S. Electrical Construction segment.
EMCOR’s management reaffirmed its 2025 revenue guidance range of $16.1 billion to $16.9 billion and narrowed its non-GAAP diluted EPS guidance range to $22.65 to $24.00. The company remains optimistic about its strong project pipeline and the ability to navigate the dynamic market environment effectively.
Looking ahead, EMCOR Group, Inc. is well-positioned to continue delivering strong operating results, driven by its strategic expansion and focus on efficiency and discipline. The company aims to capitalize on market opportunities while managing potential macroeconomic challenges.