Everus Construction Group Earnings Call Transcripts
Fiscal Year 2026
-
Q3 revenue rose 40% and EBITDA 57.5%, with record $5.48B backlog and higher FY2026 guidance. Broad end-market demand, acquisitions, and execution supported growth, while low leverage preserves investment capacity.
-
Record Q2 revenue and EBITDA growth driven by strong E&M and T&D performance, robust backlog, and successful SE&M integration. Raised 2026 guidance, announced Epsilon acquisition, and maintained low leverage, positioning for continued expansion and margin improvement.
-
The meeting covered board elections, executive compensation, and auditor ratification, all of which were approved by stockholders. No questions were submitted during the Q&A session. Final voting results will be filed in a Form 8-K.
-
Record Q1 revenue and EBITDA growth driven by strong E&M and T&D performance, robust backlog, and the SE&M acquisition. Raised 2026 guidance reflects continued momentum and margin expansion, with integration of SE&M on track.
Fiscal Year 2025
-
Delivered record 2025 results with 32% revenue growth and strong execution across E&M and T&D segments. Entering 2026 with a $3.2B backlog, guidance calls for 11% revenue growth and continued margin strength, supported by robust end-market demand and disciplined capital allocation.
-
Q3 2025 delivered record revenue and EBITDA, with 30% and 37% year-over-year growth, respectively, and a strong backlog of $2.95 billion. Raised full-year guidance reflects robust demand in data centers and utilities, with continued margin expansion and a healthy balance sheet.
-
Q2 2025 revenue grew 31% and EBITDA rose 36% year-over-year, driven by strong E&M and T&D segment performance. Backlog reached $3 billion, and 2025 guidance was raised for both revenue and EBITDA. Margins and cash flow remain solid, with continued investment in growth and efficiency.
-
Q1 2025 saw 32% revenue and EBITDA growth, with strong E&M segment performance and a record $3.1B backlog. Guidance for 2025 is reaffirmed, supported by robust demand in data center, hospitality, and high-tech markets, despite macro and tariff uncertainties.
Fiscal Year 2024
-
Fourth quarter revenue grew 19.5% year-over-year, with strong backlog up 38% and EBITDA margin at 7.7%. 2025 guidance calls for $3.0–$3.1 billion in revenue and $210–$225 million in EBITDA, supported by robust end-market demand and disciplined execution.
-
Q3 2024 saw 6% revenue growth, 12% EBITDA growth, and a record $2.9B backlog, driven by strong E&M and T&D performance. Guidance for 2024 is reaffirmed, with robust long-term growth targets and disciplined capital allocation following the recent spinoff.
-
The company is set to spin off as a standalone public entity, targeting 5–7% organic revenue and 7–9% EBITDA growth, supported by a record $2.4B backlog and a capital-light, diversified business model. Strategic M&A, operational excellence, and megatrend exposure in data centers and grid modernization underpin long-term value creation.