EMCOR Group, Inc. (EME)

EMCOR Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	13,125	12,583	11,076	9,904	8,797	9,175
Revenue Growth (YoY)	15.39%	13.60%	11.84%	12.58%	-4.12%	12.84%
Cost of Revenue	10,882	10,494	9,473	8,402	7,402	7,819
Gross Profit	2,243	2,089	1,604	1,502	1,395	1,356
Selling, General & Admin	1,259	1,211	1,039	970.94	903.58	893.45
Other Operating Expenses	2.35	2.35	0	0	234.96	1.52
Operating Expenses	1,262	1,214	1,039	970.94	1,139	894.98
Operating Income	980.8	875.76	564.88	530.8	256.83	460.89
Interest Expense / Income	7.83	17.2	13.2	6.07	9.01	13.82
Other Expense / Income	-14.46	-13.96	-7.07	-4.41	-4.5	-3.82
Pretax Income	987.43	872.52	558.75	529.13	252.33	450.89
Income Tax	268.76	239.52	152.63	145.6	119.38	125.75
Net Income	718.67	632.99	406.12	383.53	132.94	325.14
Net Income Growth	61.79%	55.86%	5.89%	188.49%	-59.11%	14.68%
Shares Outstanding (Basic)	47	47	48	53	55	56
Shares Change	-1.31%	-1.28%	-10.72%	-2.83%	-2.18%	-2.44%
EPS (Basic)	15.23	13.37	8.13	7.09	2.41	5.78
EPS (Diluted)	15.15	13.31	8.10	7.06	2.40	5.75
EPS Growth	67.03%	64.32%	14.73%	194.17%	-58.26%	18.56%
Free Cash Flow	1,046	834.86	455.79	285.38	761.86	312.76
Free Cash Flow Per Share	22.22	17.75	9.56	5.35	13.87	5.57
Dividend Per Share	0.720	0.690	0.540	0.520	0.320	0.320
Dividend Growth	28.57%	27.78%	3.85%	62.50%	0%	0%
Gross Margin	17.09%	16.60%	14.48%	15.16%	15.86%	14.78%
Operating Margin	7.47%	6.96%	5.10%	5.36%	2.92%	5.02%
Profit Margin	5.48%	5.03%	3.67%	3.87%	1.51%	3.54%
Free Cash Flow Margin	7.97%	6.63%	4.12%	2.88%	8.66%	3.41%
Effective Tax Rate	27.22%	27.45%	27.32%	27.52%	47.31%	27.89%
EBITDA	1,115	1,009	680.56	647.64	368.01	556.8
EBITDA Margin	8.50%	8.02%	6.14%	6.54%	4.18%	6.07%
Depreciation & Amortization	120.06	118.97	108.61	112.44	106.67	92.09
EBIT	995.26	889.72	571.95	535.21	261.34	464.71
EBIT Margin	7.58%	7.07%	5.16%	5.40%	2.97%	5.07%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).