EMCOR Group, Inc. (EME)

EMCOR Group Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	807.32	789.75	456.44	821.35	902.87	358.82
Cash & Short-Term Investments	807.32	789.75	456.44	821.35	902.87	358.82
Cash Growth	60.48%	73.02%	-44.43%	-9.03%	151.62%	-1.40%
Accounts Receivable	3,753	3,473	2,841	2,435	2,094	2,209
Other Receivables	12.2	11.9	16	26.4	14.4	13.8
Receivables	3,765	3,485	2,857	2,461	2,108	2,222
Inventory	103.9	110.77	85.64	54.1	53.34	40.45
Prepaid Expenses	63.55	61.17	62.72	53.27	55.58	37.07
Restricted Cash	0.88	-	0.63	1.22	0.7	1.1
Total Current Assets	4,741	4,447	3,462	3,391	3,121	2,660
Property, Plant & Equipment	532.48	489.88	425.88	412.84	400.58	401.66
Goodwill	998.57	956.55	919.15	890.27	851.78	1,064
Other Intangible Assets	661.92	586.03	593.98	589.37	582.89	611.44
Long-Term Deferred Tax Assets	-	-	-	-	7.4	3.4
Other Long-Term Assets	138.79	130.29	123.63	157.98	100.25	90.06
Total Assets	7,073	6,610	5,525	5,441	5,064	4,830
Accounts Payable	922	935.97	849.28	734.28	671.89	665.4
Accrued Expenses	886.1	909.58	723.19	765.27	698.55	578.33
Current Portion of Long-Term Debt	-	-	12.92	12.92	12.92	14
Current Portion of Leases	81.23	77.7	69.87	61.13	57.63	57.23
Current Unearned Revenue	1,784	1,595	1,098	788.13	722.25	623.64
Total Current Liabilities	3,673	3,518	2,754	2,362	2,163	1,939
Long-Term Debt	-	-	227.82	240.73	253.65	288.55
Long-Term Leases	283.67	262.27	224.57	225.55	211.33	210.54
Long-Term Unearned Revenue	1.67	1.81	2.27	2.51	2.28	2.14
Long-Term Deferred Tax Liabilities	-	56.64	61.56	51	36.8	75.2
Other Long-Term Liabilities	368.39	299.83	280.57	306.84	307.57	241.74
Total Liabilities	4,327	4,139	3,550	3,188	3,011	2,773
Common Stock	0.61	0.61	0.61	0.61	0.61	0.6
Additional Paid-In Capital	92.43	91.81	74.8	61.87	47.46	32.27
Retained Earnings	4,239	3,814	3,214	2,836	2,480	2,367
Treasury Stock	-1,502	-1,351	-1,223	-562.04	-366.49	-253.94
Comprensive Income & Other	-85.71	-85.7	-93.45	-83.56	-109.23	-89.29
Total Common Equity	2,745	2,470	1,974	2,252	2,053	2,057
Minority Interest	1.04	1.04	0.7	0.7	0.58	0.65
Shareholders' Equity	2,746	2,471	1,974	2,253	2,053	2,058
Total Liabilities & Equity	7,073	6,610	5,525	5,441	5,064	4,830
Total Debt	364.89	339.97	535.17	540.34	535.52	570.33
Net Cash (Debt)	442.43	449.78	-78.74	281.01	367.34	-211.51
Net Cash Growth	-	-	-	-23.50%	-	-
Net Cash Per Share	9.35	9.46	-1.57	5.17	6.63	-3.74
Filing Date Shares Outstanding	46.66	47.06	47.69	52.67	54.8	56.26
Total Common Shares Outstanding	46.71	47.05	47.67	53.3	54.76	56.22
Working Capital	1,068	928.62	708.45	1,029	957.7	721.27
Book Value Per Share	58.75	52.50	41.40	42.26	37.49	36.59
Tangible Book Value	1,084	927.2	460.46	772.75	617.99	381.78
Tangible Book Value Per Share	23.21	19.71	9.66	14.50	11.29	6.79
Land	-	142.11	130.36	127.74	124.31	113.02
Machinery	-	431.04	409.53	386.5	373.23	352.24
Construction In Progress	-	13.51	6.06	6.13	7.75	10.24

Source: S&P Capital IQ. Standard template. Financial Sources.