EMCOR (EME) Stock Analysis

November 11, 2026

This is a peer-relative look at EMCOR (EME): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Capital Goods peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for EMCOR (EME)
Profile Item	EME
Name	EMCOR Group, Inc.
Country/Region	United States
GICS Sector	Industrials
GICS Industry Group	Capital Goods
GICS Industry	Construction & Engineering
GICS Sub-Industry	Construction & Engineering
Market Capitalization	26.64 billion USD
Currency	USD
Exchange	NYSE
Listing Date	January 10, 1995
Security Type	Common Stock

Price Performance

Cumulative Growth

EME

GSPC

EMCOR (EME) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for EMCOR (EME) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for EMCOR (EME) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

EMCOR (EME) metric values compared with Capital Goods industry-group medians
Metric	Current stock: EME	Industry group median
Total Return (1Y)	0.07%	6.84%
Total Return (3Y, Annualized)	46.16%	17.66%
Total Return (5Y, Annualized)	38.01%	9.09%

Risk Profile

Drawdown History

EME

GSPC

EMCOR (EME) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for EMCOR (EME) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

EMCOR (EME) metric values compared with Capital Goods industry-group medians
Metric	Current stock: EME	Industry group median
Volatility (1Y, Annualized)	43.79%	44.38%
Beta (5Y)	1.17	1.19
Max Drawdown (5Y)	-36.85%	-49.95%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. EME is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

EMCOR (EME) metric values compared with Capital Goods industry-group medians
Metric	Current stock: EME	Industry group median
Sharpe Ratio (1Y)	-0.10	0.06
Sortino Ratio (1Y)	-0.14	0.09

Profitability

ROE (TTM)

EMCOR (EME) posts ROE of 40.55%, in the upper peer quartile. That suggests the company earns more from each dollar of shareholders’ equity than most industry peers, a useful capital-efficiency signal.

EME

Capital Goods industry group

40.55%

Group distribution

EME: 40.55%
Max: 40.55%
Q3: 19.29%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

Largest peers

GEV: 93.04%
CAT: 56.14%
GE: 50.17%
EME: 40.55%
DE: 18.24%
RTX: 12.85%
BA: --

Where EMCOR (EME) stands on ROE within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

EMCOR (EME) keeps 7.78% of revenue as net profit, roughly in line with the peer group’s normal net margin range. Its full cost stack is taking a typical share of sales for the industry.

EME

Capital Goods industry group

7.78%

Group distribution

Max: 27.47%
Q3: 12.10%
EME: 7.78%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

Largest peers

GEV: 23.54%
GE: 17.31%
CAT: 15.21%
DE: 10.17%
RTX: 8.75%
BA: 8.07%
EME: 7.78%

Where EMCOR (EME) stands on net margin within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

EMCOR (EME) turns 10.46% of revenue into operating profit, roughly in line with the peer group’s normal operating margin range. Its core cost structure looks typical for the industry.

EME

Capital Goods industry group

10.46%

Group distribution

Max: 36.60%
Q3: 18.33%
Median: 11.12%
EME: 10.46%
Q1: 5.14%
Min: -12.63%

Largest peers

CAT: 20.19%
GE: 18.49%
RTX: 15.54%
DE: 13.37%
GEV: 12.77%
EME: 10.46%
BA: 0.30%

Where EMCOR (EME) stands on operating margin within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

EMCOR (EME) metric values compared with Capital Goods industry-group medians
Metric	Current stock: EME	Industry group median
ROE (TTM)	40.55%	12.12%
ROA (TTM)	12.33%	5.29%
Net Margin (TTM)	7.78%	6.30%
Operating Margin (TTM)	10.46%	11.12%
Gross Margin (TTM)	19.59%	29.63%

Growth

Revenue Growth

EMCOR (EME) grew revenue 16.62%, roughly around the peer group's normal range. Top-line momentum looks broadly typical for the industry.

EMCOR (EME): Revenue Growth across different time periods, set against Capital Goods industry-group medians.

EPS Growth

EMCOR (EME) grew earnings per share 30.99%, in the upper peer quartile. Per-share profits are compounding faster than at most industry peers.

EMCOR (EME): EPS Growth across different time periods, set against Capital Goods industry-group medians.

Growth Metrics

EMCOR (EME) metric values compared with Capital Goods industry-group medians
Metric	Current stock: EME	Industry group median
Revenue Growth (YoY)	16.62%	8.11%
Revenue Growth (3Y CAGR)	15.32%	6.45%
EPS Growth (YoY)	30.99%	5.45%
EPS Growth (3Y CAGR)	51.54%	7.15%

Financial Strength

Current Ratio (MRQ)

EMCOR (EME) has current ratio of 1.17, in the tighter-liquidity quartile for its industry. The short-term cushion is thinner than most peers carry, even if the absolute comfort level still depends on the business model.

EME

Capital Goods industry group

1.17

Group distribution

Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
EME: 1.17
Min: 0.36

Largest peers

DE: 2.13
CAT: 1.42
EME: 1.17
BA: 1.13
RTX: 1.05
GE: 0.98
GEV: 0.83

Where EMCOR (EME) stands on current ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

EMCOR (EME) has debt-to-equity ratio of 0.13, in the lower-leverage quartile for its industry. Borrowing is modest relative to equity compared with most peers, which can leave more flexibility through a cycle.

EME

Capital Goods industry group

0.13

Group distribution

Max: 2.33
Q3: 1.12
Median: 0.60
Q1: 0.29
EME: 0.13
Min: 0.00

Largest peers

BA: 7.39
DE: 2.30
CAT: 2.10
GE: 1.16
RTX: 0.55
GEV: 0.30
EME: 0.13

Where EMCOR (EME) stands on debt-to-equity ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

EMCOR (EME) metric values compared with Capital Goods industry-group medians
Metric	Current stock: EME	Industry group median
Current Ratio (MRQ)	1.17	2.08
Debt / Equity (MRQ)	0.13	0.60
Net Debt / EBITDA	-0.10	1.78

Dividends

Dividend Yield (TTM)

EMCOR (EME) has dividend yield of 0.07%, in the industry’s normal income range. It provides a meaningful dividend without the red flag of an unusually high headline yield.

EME

Capital Goods industry group

0.07%

Group distribution

Max: 2.66%
Q3: 1.14%
Median: 0.24%
EME: 0.07%
Q1: 0.00%
Min: 0.00%

Largest peers

RTX: 1.47%
CAT: 1.13%
DE: 0.98%
GE: 0.56%
GEV: 0.26%
EME: 0.07%
BA: 0.00%

Where EMCOR (EME) stands on dividend yield within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

EMCOR (EME) has payout ratio of 4.19%, within the industry’s typical payout band. The dividend shares profits with investors while leaving earnings coverage that looks normal for the peer group.

EME

Capital Goods industry group

4.19%

Group distribution

Max: 67.39%
Q3: 28.02%
Median: 6.86%
EME: 4.19%
Q1: 0.00%
Min: 0.00%

Largest peers

RTX: 45.85%
DE: 36.02%
CAT: 24.18%
GE: 20.23%
GEV: 4.59%
EME: 4.19%
BA: 0.00%

Where EMCOR (EME) stands on payout ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

EMCOR (EME) metric values compared with Capital Goods industry-group medians
Metric	Current stock: EME	Industry group median
Dividend Yield (TTM)	0.07%	0.24%
Dividend Payout Ratio (TTM)	4.19%	6.86%

Valuation

P/E Ratio (TTM)

EMCOR (EME) trades at P/E ratio of 17.59, in the cheaper earnings-multiple quartile for its industry. Investors are paying less for each dollar of TTM earnings than they usually pay for comparable businesses.

EME

Capital Goods industry group

17.59

Group distribution

Max: 59.38
Q3: 35.92
Median: 25.41
Q1: 19.47
EME: 17.59
Min: 3.03

Largest peers

DE: 37.33
GE: 36.94
RTX: 30.82
CAT: 21.92
GEV: 20.32
BA: 17.89
EME: 17.59

Where EMCOR (EME) stands on P/E ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

EMCOR (EME) trades at 1.34 on P/S ratio, roughly in the peer group’s normal range. The market is not making a strong cheap-or-rich statement about its revenue base.

EME

Capital Goods industry group

1.34

Group distribution

Max: 7.54
Q3: 3.76
Median: 2.15
EME: 1.34
Q1: 1.03
Min: 0.03

Largest peers

GE: 6.38
GEV: 4.65
DE: 3.78
CAT: 3.29
RTX: 2.66
BA: 1.45
EME: 1.34

Where EMCOR (EME) stands on P/S ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

EMCOR (EME) trades at 6.26 on P/B ratio, in the higher book-value quartile. The market is paying a premium to book, so stronger ROE, cleaner assets, or a better growth profile need to justify it.

EME

Capital Goods industry group

6.26

Group distribution

Max: 9.66
EME: 6.26
Q3: 5.00
Median: 3.12
Q1: 1.81
Min: -1.08

Largest peers

BA: 20.99
GE: 19.06
GEV: 18.00
CAT: 11.90
DE: 6.47
EME: 6.26
RTX: 3.69

Where EMCOR (EME) stands on P/B ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

EMCOR (EME) metric values compared with Capital Goods industry-group medians
Metric	Current stock: EME	Industry group median
P/E Ratio (TTM)	17.59	25.41
P/S Ratio (TTM)	1.34	2.15
P/B Ratio (MRQ)	6.26	3.12
Free Cash Flow Yield (TTM)	4.82%	3.03%