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EME

Emcor

NYSEIndustrialsEngineering & ConstructionSnapshot 2026-05-08

$921.64-0.26%
Close 2026-05-08 · 1-day change
The bottom line

As of May 8, 2026, EME has a composite score of 23.6 and a signal label of "mild favorable." This score is influenced by a medium confidence level of 76.9 and reflects various macroeconomic factors, including growth and labor conditions. The analysis is provisional, indicating that the scores may change as new information becomes available.

Composite +24as of 2026-05-08

Price

Daily closes from AlphaVantage. Earnings/event dots are placed inline.

Close 2026-05-08
Daily closes. Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event

Factor signals

Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.

L1

Thesis

is this a strong company over a 1–3 year hold?
F1 · Recent financial performance
neutral
Mid-cohort
Why this rank
  • Direction share
    1.00
  • Slope (norm)
    0.00
  • Bonus
    0.00
Operating income, last 4 quarters ($M)
260415406264
F2 · Value
expensive
Most expensive 30% of industrials cohort
Why this rank
Price
$921.64
TTM EPS
$23.26
Earnings yield
2.5%
P/E (TTM)
39.6

Trailing four: 2024-Q3, 2025-Q1, 2025-Q2, 2025-Q3

F3 · Earnings quality
neutral
Mid-cohort cash conversion
Why this rank
TTM NI ($M)
1,007
TTM CFO ($M)
1,408
CFO/NI
1.40
L2

Watch

has something changed worth re-reading?
F4 · Management stability
stable
Top 10% activity in industrials cohort· see deep-dive ↓
neutral
Earnings setup · pre-print positioning
forward-looking
bullish9 analysts, 67% Buyfor period ending 2026-06-30
Why this setup
Consensus revisions

EPS estimate $7.20 → $7.26 (+0.8% / 30d). 5 raised, 2 cut, 9 covering analysts.

Rating actions

0 upgrades, 0 downgrades / 30d. 67% of analysts rate Buy.

Price target activity

2 PT revisions / 30d. Avg target 9.2% above current price.

Material events

1 positive, 0 negative / 30d. See F4 management tile for the event list.

F4 · Management deep-dive — recent events, stated priorities, guidance track record
1

Recent 8-K events

1 material event in the last 24 months — top 1 listed below.

2

Stated priorities

3 priorityies extracted from earnings transcripts (as of 2026-05-08).

  1. 1.Increase 2026 revenue guidancegrowthbehind14% progress
    4/29: Increases 2026 Revenue Guidance Range to $18.50 billion - $19.25 billion from $17.75 billion - $18.50 billion.
    Why this status

    Stated in 2 of last 2 quarters. Revenue guidance increased from $17.75B-$18.50B to $18.50B-$19.25B. Despite the increase, the financials show a decline in revenue from $4.3B in 2025-Q2 to $2.5B in 2025-Q4, indicating limited progress in achieving the higher guidance.

  2. 2.Raise 2026 EPS guidancegrowthbehind14% progress
    4/29: Increases 2026 Diluted EPS Guidance Range to $28.25 - $29.75 from $27.25 - $29.25.
    Why this status

    Stated in 2 of last 2 quarters. EPS guidance increased from $27.25-$29.25 to $28.25-$29.75. However, diluted EPS was $6.57 in 2025-Q3 and $6.72 in 2025-Q2, suggesting limited progress towards the higher guidance.

  3. 3.Maintain operating margin guidancecostmixed65% progress
    2/26: Operating Margin 9.0% – 9.4% for full year 2026.
    Why this status

    Newly stated in 2025-Q4. The operating margin guidance for 2026 is set at 9.0%-9.4%. The financials show an operating income of $264M in 2025-Q4, down from $415M in 2025-Q2, indicating challenges in maintaining the margin guidance.

3

Guidance track record

Insufficient guidance history for this ticker.

L3

Position context

how violent might the path be while I hold it?
Risk profile · realized
backward-looking
moderateworst 12m loss −25%, typical day ±1.5%
Why this risk level

Recent vol — 30d annualized 40%; 252d 39%.

Drawdown — Max 1y −25%. Bad day move −3%.

Beta to sector ETF (XLI) 1.34 over 1y.

Liquidity — score 100/100.

Sub-scores — vol 36/100, drawdown 50/100, beta 66/100, earnings vol .

Sector regime
headwind-7.8%sector vs S&P 500, 60d

via XLI

Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.

AI cycle regime · market-wide
2-axis classifier
HeatingManiaSquallCrisisEarnings →Mood ↑
HeatingE +0.13 · M +0.71
Single-axisCHASEz +2.97+1.285d

Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.

Not investment advice. As of 2026-05-08.

3

What changed

The most important moves since the prior daily snapshot.

  1. No material changes since the prior snapshot.

No material changes since the prior snapshot.

as of 2026-05-08

4

Management scorecard

How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.

Composite65.2 / 100
Capital allocation65
Earnings discipline64
Margin discipline54
Balance sheet77
Guidance credibility
Post-call reaction66

Met or beat guidance 100% of the last 1 guided quarters · 0.0% avg surprise

as of 2026-05-08
4

What management is focused on

Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.

  • #1

    Increase 2026 revenue guidance

    GrowthNew since 2026-05-04

    Management aims to increase the revenue guidance for the fiscal year 2026.

    Behind

    Stated in 2 of last 2 quarters. Revenue guidance increased from $17.75B-$18.50B to $18.50B-$19.25B. Despite the increase, the financials show a decline in revenue from $4.3B in 2025-Q2 to $2.5B in 2025-Q4, indicating limited progress in achieving the higher guidance.

    14%
    CEO/CFO:Increases 2026 Revenue Guidance Range to $18.50 billion - $19.25 billion from $17.75 billion - $18.50 billion.
    Multiple sourcesSource dated 2026-04-29Stated 2 of last 8 quartersFirst seen 2026-05-04
    Show history (2)
    • 2026-Q1Multiple sources

      Increases 2026 Revenue Guidance Range to $18.50 billion - $19.25 billion.

    • 2025-Q4Multiple sources

      Based on anticipated project mix and current visibility into the coming year, EMCOR expects the following for full year 2026: Full Year Guidance Revenues $17.75 billion – $18.50 billion.

  • #2

    Raise 2026 EPS guidance

    GrowthNew since 2026-05-04

    Management aims to raise the EPS guidance for the fiscal year 2026.

    Behind

    Stated in 2 of last 2 quarters. EPS guidance increased from $27.25-$29.25 to $28.25-$29.75. However, diluted EPS was $6.57 in 2025-Q3 and $6.72 in 2025-Q2, suggesting limited progress towards the higher guidance.

    14%
    CEO/CFO:Increases 2026 Diluted EPS Guidance Range to $28.25 - $29.75 from $27.25 - $29.25.
    Multiple sourcesSource dated 2026-04-29Stated 2 of last 8 quartersFirst seen 2026-05-04
    Show history (2)
    • 2026-Q1Multiple sources

      Increases 2026 Diluted EPS Guidance Range to $28.25 - $29.75.

    • 2025-Q4Multiple sources

      Full Year Guidance... Diluted EPS $27.25 – $29.25.

  • #3

    Maintain operating margin guidance

    CostNew since 2026-05-04

    Management is committed to maintaining the operating margin guidance for 2026.

    On trackMixed

    Newly stated in 2025-Q4. The operating margin guidance for 2026 is set at 9.0%-9.4%. The financials show an operating income of $264M in 2025-Q4, down from $415M in 2025-Q2, indicating challenges in maintaining the margin guidance.

    65%
    CEO/CFO:Operating Margin 9.0% – 9.4% for full year 2026.
    Multiple sourcesSource dated 2026-02-26Stated 1 of last 8 quartersFirst seen 2026-05-04
    Show history (1)
    • 2025-Q4Multiple sources

      Operating Margin 9.0% – 9.4% for full year 2026.

as of 2026-05-08
5

How this stock is priced

Two ways to read price: against peers in the same business, and against the company's own history.

Compared to peers
25higher = cheaper

Looks more expensive than peers.

Compared to its own history
58higher = cheaper

Around its own typical valuation.

P/E
33.8x
EV/EBITDA
FCF yield
2.6%

P/E over the last 5 years

71 monthly points
fullas of 2026-05-08
7

How this compares

A side-by-side read on composite, valuation, and risk versus peers.

StockCompositeValuationRisk
EME
Emcor
+24fullmoderate
CAT
Caterpillar Inc.
+13expensivemoderate
GE
GE Aerospace
+11expensivemoderate
GEV
GE Vernova
+10fullmoderate
RTX
RTX Corporation
+20fairmoderate
8

Risk — how this stock moves

What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.

A typical day
How much price usually moves either way.
1.5%
A bad day (95th %ile)
A rough but not unusual down day.
-3.2%
Worst 12-month loss
Deepest peak-to-trough drop in the last year.
-25.1%
Earnings-day move
How much price usually moves on earnings day.
moderateas of 2026-05-08
9

What could change this view

Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.

Upside triggers
  • If industrials sector trend rises from +0.05 into 'improving' (>= +0.20)+5.0 pts
Downside triggers
  • If next-quarter guidance is cut (currently RAISED as of 2026-04-29)-16 pts
  • If industrials sector trend falls from +0.05 into 'weakening' (<= -0.20)-5.0 pts
  • If growth state reverses from +0.25 (positive) to -0.25 (negative)-4.0 pts
  • If labor state reverses from -0.31 (negative) to +0.31 (positive)-3.7 pts
10

Material updates

Recent SEC 8-K filings ranked by likely impact, confidence, and recency.

  1. 2026-04-299d agoItem 2.02

    Results of Operations and Financial Condition. On April 29, 2026, EMCOR Group, Inc. issued a press release disclosing results of operations for its fiscal 2026 first quarter ended March 31, 2026. A copy of such press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The information contained in this Current Report on Form 8-K shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject…

    earnings preannouncementpositivescore 58
  2. 2026-02-262mo agoItem 2.02

    Results of Operations and Financial Condition. On February 26, 2026, EMCOR Group, Inc. issued a press release disclosing results of operations for its fiscal 2025 fourth quarter and year ended December 31, 2025. A copy of such press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The information contained in this Current Report on Form 8-K shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or ot…

    earnings preannouncementneutralscore 13
11

Score history

The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.

60 snapshots
Data freshness · As of 2026-05-08 · Macro 2026-05-08 · Sector 2026-05-07 · Fundamentals 2026-02-26 · Price 2026-05-07 · Generated 2026-05-08 · Spec 2.3

Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.