Quarterly ResultApr 29, 2026, 07:37 AM
EME Q1 Revenue +19.6% to $4.63B; EPS $6.85; Dividend +60%
AI Summary
EMCOR Group, Inc. reported strong first-quarter 2026 results with revenues increasing by 19.6% to $4.63 billion and net income rising 27.0% to $305.5 million. Basic earnings per share grew by 29.9% to $6.85, and the company increased its dividend by 60% to $0.40 per share. However, net cash provided by operating activities significantly decreased. The company also noted the divestment of its UK building services segment in December 2025.
Key Highlights
- Q1 2026 Revenue increased 19.6% to $4.63 billion from $3.87 billion YoY.
- Q1 2026 Net Income rose 27.0% to $305.5 million from $240.7 million YoY.
- Q1 2026 Basic EPS grew 29.9% to $6.85 from $5.27 YoY.
- Dividends declared per common share increased 60% to $0.40 from $0.25 YoY.
- Divested EMCOR UK building services segment on December 1, 2025.
- US electrical construction revenue rose 33.1% to $1.45 billion.
- US mechanical construction revenue increased 28.8% to $2.03 billion.
- Net cash provided by operating activities decreased to $0.6 million from $108.5 million.