Seek Returns

EME vs. MAIR: EMCOR vs. Madison Air Stock Comparison

How do EMCOR (EME) and Madison Air (MAIR) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

EMCOR (EME) and Madison Air (MAIR) both fall under the Capital Goods industry group, but EME is classified in Construction & Engineering while MAIR is classified in Building Products.

EMCOR (EME) has been public since January 10, 1995, giving it decades of market history across multiple cycles, while Madison Air (MAIR) listed only on April 16, 2026 and lacks comparable through-cycle data.

Company profile comparison for EMCOR (EME) and Madison Air (MAIR)
Profile ItemEMEMAIR
NameEMCOR Group, Inc.Madison Air Solutions Corporation Class A Common Stock
Country/RegionUnited StatesUnited States
GICS SectorIndustrialsIndustrials
GICS Industry GroupCapital GoodsCapital Goods
GICS IndustryConstruction & EngineeringBuilding Products
GICS Sub-IndustryConstruction & EngineeringBuilding Products
Market Capitalization26.64 billion USD11.56 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateJanuary 10, 1995April 16, 2026
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

EME
MAIR
GSPC
Loading price history…
EMCOR (EME) vs. Madison Air (MAIR), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…
Trailing total returns for EMCOR (EME) and Madison Air (MAIR). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for EMCOR (EME) and Madison Air (MAIR). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for EMCOR (EME) and Madison Air (MAIR)
MetricEMEMAIR
Total Return (1Y)0.07%--
Total Return (3Y, Annualized)46.16%--
Total Return (5Y, Annualized)38.01%--

Risk Profile

Drawdown History

EME
MAIR
GSPC
Loading price history…
EMCOR (EME) vs. Madison Air (MAIR), with S&P 500 (GSPC) for reference: 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

Loading price history…
Distribution of monthly total returns for EMCOR (EME) and Madison Air (MAIR). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for EMCOR (EME) and Madison Air (MAIR)
MetricEMEMAIR
Volatility (1Y, Annualized)43.79%57.10%
Beta (5Y)1.171.60
Max Drawdown (5Y)-36.85%-51.16%
Avg. Volume (3M)402.73K2.60M

Risk-Adjusted Performance

Risk-Return Positioning

Both EME and MAIR need 1-year volatility and 1-year return to plot risk-return positioning.

Risk-Adjusted Metrics

Risk-adjusted metrics for EMCOR (EME) and Madison Air (MAIR)
MetricEMEMAIR
Sharpe Ratio (1Y)-0.10--
Sortino Ratio (1Y)-0.14--

Profitability

ROE (TTM)

Capital efficiency shows on one side only: EMCOR (EME) earns 40.55% on shareholders’ equity, ranked against its industry; Madison Air (MAIR) has no ROE this period.

EME

Capital Goods industry group

40.55%

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

MAIR

Capital Goods industry group

--

Max
40.55%
Q3
19.29%
Median
12.12%
Q1
4.08%
Min
-17.12%
MAIR
--
Loading chart…
EMCOR (EME) vs. Madison Air (MAIR): MAIR does not report ROE, so it has no value marker; EME is benchmarked against the Capital Goods industry group.

Net Margin (TTM)

Both EMCOR (EME) at 7.78% and Madison Air (MAIR) at 3.73% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

EME

Capital Goods industry group

7.78%

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

MAIR

Capital Goods industry group

3.73%

Max
27.47%
Q3
12.10%
Median
6.30%
MAIR
3.73%
Q1
1.40%
Min
-12.89%
Loading chart…
EMCOR (EME) vs. Madison Air (MAIR): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Madison Air (MAIR) at 19.76% operates in the top operating margin quartile, ahead of EMCOR (EME) at 10.46%, which runs around its industry’s norm.

EME

Capital Goods industry group

10.46%

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

MAIR

Capital Goods industry group

19.76%

Max
36.60%
MAIR
19.76%
Q3
18.33%
Median
11.12%
Q1
5.14%
Min
-12.63%
Loading chart…
EMCOR (EME) vs. Madison Air (MAIR): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for EMCOR (EME) and Madison Air (MAIR)
MetricEMEMAIR
ROE (TTM)40.55%--
ROA (TTM)12.33%--
Net Margin (TTM)7.78%3.73%
Operating Margin (TTM)10.46%19.76%
Gross Margin (TTM)19.59%39.06%

Growth

Revenue Growth

Madison Air (MAIR) at 34.07% sits in the top revenue growth quartile, while EMCOR (EME) at 16.62% is closer to the peer norm — faster top-line expansion for MAIR.

Loading chart…
EMCOR (EME) vs. Madison Air (MAIR): A comparison of their Revenue Growth across different time periods.

EPS Growth

EMCOR (EME) at 30.99% sits in the top EPS growth quartile, while Madison Air (MAIR) at -2.32% is closer to the peer norm — faster per-share earnings growth for EME.

Loading chart…
EMCOR (EME) vs. Madison Air (MAIR): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for EMCOR (EME) and Madison Air (MAIR)
MetricEMEMAIR
Revenue Growth (YoY)16.62%34.07%
Revenue Growth (3Y CAGR)15.32%--
EPS Growth (YoY)30.99%-2.32%
EPS Growth (3Y CAGR)51.54%--

Financial Strength

Current Ratio (MRQ)

Madison Air (MAIR) at 1.82 keeps current ratio within its industry’s typical mid-range, while EMCOR (EME) at 1.17 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for EME.

EME

Capital Goods industry group

1.17

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

MAIR

Capital Goods industry group

1.82

Max
5.22
Q3
2.95
Median
2.08
MAIR
1.82
Q1
1.43
Min
0.36
Loading chart…
EMCOR (EME) vs. Madison Air (MAIR): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

EMCOR (EME) at 0.13 keeps leverage in the lower industry quartile, while Madison Air (MAIR) at 0.87 runs a more typical debt-to-equity mix.

EME

Capital Goods industry group

0.13

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

MAIR

Capital Goods industry group

0.87

Max
2.33
Q3
1.12
MAIR
0.87
Median
0.60
Q1
0.29
Min
0.00
Loading chart…
EMCOR (EME) vs. Madison Air (MAIR): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for EMCOR (EME) and Madison Air (MAIR)
MetricEMEMAIR
Current Ratio (MRQ)1.171.82
Debt / Equity (MRQ)0.130.87
Net Debt / EBITDA-0.103.37

Dividends

Dividend Yield (TTM)

Madison Air (MAIR) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile EMCOR (EME) reports a yield of 0.07%, ranking against industry peers normally.

EME

Capital Goods industry group

0.07%

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

MAIR

Capital Goods industry group

0.00%

Max
2.66%
Q3
1.14%
Median
0.24%
MAIR
0.00%
Q1
0.00%
Min
0.00%
Loading chart…
EMCOR (EME) vs. Madison Air (MAIR): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Madison Air (MAIR) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile EMCOR (EME) reports a payout of 4.19%, ranking against industry peers normally.

EME

Capital Goods industry group

4.19%

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

MAIR

Capital Goods industry group

0.00%

Max
67.39%
Q3
28.02%
Median
6.86%
MAIR
0.00%
Q1
0.00%
Min
0.00%
Loading chart…
EMCOR (EME) vs. Madison Air (MAIR): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for EMCOR (EME) and Madison Air (MAIR)
MetricEMEMAIR
Dividend Yield (TTM)0.07%0.00%
Dividend Payout Ratio (TTM)4.19%0.00%

Valuation

P/E Ratio (TTM)

EMCOR (EME) at 17.59 sits in the cheaper P/E ratio quartile, while Madison Air (MAIR) at 164.57 trades above its peer range — a wide earnings-valuation gap relative to industry peers.

EME

Capital Goods industry group

17.59

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

MAIR

Capital Goods industry group

164.57

MAIR
164.57
Max
59.38
Q3
35.92
Median
25.41
Q1
19.47
Min
3.03
Loading chart…
EMCOR (EME) vs. Madison Air (MAIR): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both EMCOR (EME) at 1.34 and Madison Air (MAIR) at 3.09 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

EME

Capital Goods industry group

1.34

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

MAIR

Capital Goods industry group

3.09

Max
7.54
Q3
3.76
MAIR
3.09
Median
2.15
Q1
1.03
Min
0.03
Loading chart…
EMCOR (EME) vs. Madison Air (MAIR): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

Madison Air (MAIR) at 3.17 is valued about in line with its industry on P/B ratio, while EMCOR (EME) at 6.26 carries an above-peer premium to book — EME is pricier on assets.

EME

Capital Goods industry group

6.26

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

MAIR

Capital Goods industry group

3.17

Max
9.66
Q3
5.00
MAIR
3.17
Median
3.12
Q1
1.81
Min
-1.08
Loading chart…
EMCOR (EME) vs. Madison Air (MAIR): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for EMCOR (EME) and Madison Air (MAIR)
MetricEMEMAIR
P/E Ratio (TTM)17.59164.57
P/S Ratio (TTM)1.343.09
P/B Ratio (MRQ)6.263.17
Free Cash Flow Yield (TTM)4.82%--