Everus Construction Group, Inc. ( (ECG) ) has released its Q3 earnings. Here is a breakdown of the information Everus Construction Group, Inc. presented to its investors.
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Everus Construction Group, Inc., a member of the S&P SmallCap 600 index, specializes in providing comprehensive construction services, including electrical and mechanical as well as transmission and distribution specialty contracting services across the United States. The company caters to a diverse range of sectors, including commercial, industrial, institutional, and renewables.
In its latest earnings report for the third quarter of 2025, Everus Construction Group announced record revenues of $986.8 million, marking a 29.7% increase from the previous year. The company also reported a net income of $57.0 million, up 36.4%, and raised its full-year guidance for 2025, expecting revenues between $3.55 billion and $3.65 billion.
Key financial highlights include a 36.9% increase in EBITDA to $89.0 million, with an EBITDA margin of 9.0%. The Electrical and Mechanical (E&M) segment saw a significant revenue increase of 42.9%, driven by growth in the data center submarket, while the Transmission and Distribution (T&D) segment experienced a slight revenue decline but improved net income margin. The company’s backlog rose to $2.95 billion, indicating strong future project commitments.
Everus Construction Group’s management expressed confidence in maintaining business momentum, supported by a solid financial position and a healthy bidding environment. The company emphasized its strategic focus on organic growth and potential acquisitions, aiming to deliver long-term value to shareholders.
Looking ahead, Everus Construction Group remains optimistic about its growth prospects, with expectations of continued momentum into 2026. The company is committed to executing its strategic priorities and leveraging market opportunities to enhance shareholder value.