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Last $45.29 USD
Change Today +0.39 / 0.87%
Volume 218.3K
EME On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 6:40 PM 09/3/15 All times are local (Market data is delayed by at least 15 minutes).

emcor group inc (EME) Snapshot

Open
$45.09
Previous Close
$44.90
Day High
$45.63
Day Low
$44.92
52 Week High
07/13/15 - $48.89
52 Week Low
10/2/14 - $38.68
Market Cap
2.8B
Average Volume 10 Days
393.5K
EPS TTM
$2.52
Shares Outstanding
62.8M
EX-Date
07/15/15
P/E TM
18.0x
Dividend
$0.32
Dividend Yield
0.71%
Current Stock Chart for EMCOR GROUP INC (EME)

emcor group inc (EME) Related Businessweek News

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emcor group inc (EME) Details

EMCOR Group, Inc. provides electrical and mechanical construction and facilities services to commercial, industrial, utility, and institutional customers in the United States. The company engages in the design, integration, installation, start-up, operation, and maintenance of electrical and mechanical systems, including electric power transmission and distribution systems, such as power cables, conduits, distribution panels, transformers, generators, uninterruptible power supply systems, and related switch gear and controls; premises electrical and lighting systems, including fixtures and controls; low-voltage systems; voice and data communications systems; and roadway and transit lighting and fiber-optic lines. It also provides heating, ventilation, air conditioning, refrigeration, and clean-room process ventilation systems; fire protection systems; plumbing, processing, and piping systems; controls and filtration systems; water and wastewater treatment systems; central plant heating and cooling systems; cranes and rigging; millwrighting; and steel fabrication, erection, and welding systems. In addition, the company offers facilities services comprising maintenance and services, such as reception, security, and catering; outage services to utilities and industrial plants; commercial and government site-based operations and maintenance; military base operations support; mobile mechanical maintenance and services; floor care and janitorial; landscaping, lot sweeping, and snow removal; facilities and vendor management; call center; installation and support for building systems; and technical consulting and diagnostic services. Further, it provides small modification and retrofit projects; infrastructure and building projects; and program development, management, and maintenance services for energy systems, as well as offers industrial services for refineries and petrochemical plants. EMCOR Group, Inc. was founded in 1966 and is headquartered in Norwalk, Connecticut.

27,000 Employees
Last Reported Date: 02/26/15
Founded in 1966

emcor group inc (EME) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $1.0M
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $630.0K
Executive Vice President, General Counsel and...
Total Annual Compensation: $520.0K
Executive Vice President of Shared Services
Total Annual Compensation: $500.0K
Compensation as of Fiscal Year 2014.

emcor group inc (EME) Key Developments

EMCOR Group Inc. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for Fiscal 2015

EMCOR Group Inc. reported financial results for the second quarter and six months ended June 30, 2015. Consolidated revenues were $1.65 billion in the second quarter, are up 6.4%. All reportable segments are reporting increased revenues quarter-over-quarter. Second quarter revenues include a minimal amount of acquisition revenues within the U.S. Mechanical Construction Services segment. Operating income was $77.7 million represents 4.7% of revenues and favorably compares to $69.7 million and 4.5% of revenues in 2014's second quarter. All reportable segments are reporting increases in operating income other than U.K. Building Services, which had a discrete favorable item impact last year's second quarter. Cash provided by operations for the second quarter was $11.8 million, which was reduced from 2014's activity. With the significant increase in revenues during the quarter, there has been a commensurate growth in the accounts receivable, which obviously impacted -- negatively impacted cash flow in the current period, which should have a positive impact in the back half of the year. Gross profit was $239.5 million represents 14.5% of revenues, which was improved from the comparable 2014 quarter by $19.3 million and 30 basis points of gross margin. Diluted earnings per common share from continuing operations was $0.74 as compared to $0.61 for the quarters ending June 30, 2015 and 2014, respectively. Income from continuing operations before income taxes was $75.677 million against $67.638 million a year ago. Net income attributable to EMCOR group Inc. was $46.849 million against $39.913 million a year ago. For the six months, revenues were $3.24 billion represent an increase of $98.3 million or 3.1% as compared to $3.14 billion in the prior year period. All reportable segments are reporting organic revenue growth year-over-year as second quarter revenue performance overcame slow start in quarter two to quarter one. Year-to-date gross profit of $456.5 million was greater than the representative 2014 period by $20 million and was 20 basis points higher on a gross margins basis at 14.1% of revenues. Year-to-date operating income was $133 million or 4.1% of revenues and represents an $8.8 million reduction over 2014's year-to-date performance. Diluted earnings per common share from continuing operations was $1.26 for the six months ended June 30, 2015 compared to $1.24 in the corresponding 2014 period, which represents a $0.02 or just under 2% increase. Income from continuing operations before income taxes was $128.967 million against $137.748 million a year ago. Net income attributable to EMCOR group Inc. was $79.698 million against $81.174 million a year ago. Net cash used in operating activities was $6.066 million against net cash provided by operating activities of $39.640 million a year ago. Purchase of property, plant and equipment was $15.793 million against $16.579 million a year ago.

EMCOR Group Inc. to Report Q2, 2015 Results on Jul 30, 2015

EMCOR Group Inc. announced that they will report Q2, 2015 results at 11:30 AM, GMT Standard Time on Jul 30, 2015

EMCOR Group Inc., Q2 2015 Earnings Call, Jul 30, 2015

EMCOR Group Inc., Q2 2015 Earnings Call, Jul 30, 2015

 

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Industry Analysis

EME

Industry Average

Valuation EME Industry Range
Price/Earnings 17.2x
Price/Sales 0.4x
Price/Book 1.9x
Price/Cash Flow 16.9x
TEV/Sales 0.3x
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