EMCOR Group (EMCOR Group) Debt-to-Equity

: 0.14 (As of Dec. 2023)

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EMCOR Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $78 Mil. EMCOR Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $262 Mil. EMCOR Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,470 Mil. EMCOR Group's debt to equity for the quarter that ended in Dec. 2023 was 0.14.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for EMCOR Group's Debt-to-Equity or its related term are showing as below:

EME' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14 Med: 0.24 Max: 0.28
Current: 0.14

During the past 13 years, the highest Debt-to-Equity Ratio of EMCOR Group was 0.28. The lowest was 0.14. And the median was 0.24.

EME's Debt-to-Equity is ranked better than
74.78% of 1503 companies
in the Construction industry
Industry Median: 0.43 vs EME: 0.14

EMCOR Group Debt-to-Equity Historical Data

The historical data trend for EMCOR Group's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

EMCOR Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.28

0.26

0.24

0.27

0.14

EMCOR Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																0.27	0.31	0.27	0.19	0.14

Competitive Comparison

For the Engineering & Construction subindustry, EMCOR Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

EMCOR Group Debt-to-Equity Distribution

For the Construction industry and Industrials sector, EMCOR Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where EMCOR Group's Debt-to-Equity falls into.

EMCOR Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

EMCOR Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(77.701	+	262.268)	/	2469.778
	=	0.14

EMCOR Group's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(77.701	+	262.268)	/	2469.778
	=	0.14

EMCOR Group (NYSE:EME) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

EMCOR Group Debt-to-Equity Related Terms

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EMCOR Group (EMCOR Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » EMCOR Group Inc (NYSE:EME) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

EM4:Germany

Address

301 Merritt Seven, Norwalk, CT, USA, 06851-1092

Website

https://www.emcorgroup.com

EMCOR Group Inc is one of the largest electrical, mechanical, construction, and facilities services firms in the United States. It provides a wide range of services, including the installation of electrical distribution systems, voice & data communication systems, and environmental controls within buildings. The company's services are provided to a broad range of commercial, industrial, utility, and institutional customers. Emcor Group enters contracts for large installation projects in the multimillion-dollar range, or smaller projects involving renovations and retrofit work. It also operates as a subcontractor to general contractors, systems suppliers, and property managers. It generates sales primarily in the United States, but the company does offer services United kingdom.

Executives

R Kevin Matz	officer: SVP, Admin & Strategic Service	301 MERRITT SEVEN 6TH FLOOR, NORWALK CT 06851
Anthony Guzzi	officer: President & COO	301 MERRITT SEVEN, 6TH FLOOR, NORWALK CT 06851
Mark A Pompa	officer: SVP, CAO & Treasurer	301 MERRITT SEVEN 6TH FLOOR, NORWALK CT 06851
Maxine Lum Mauricio	officer: SVP and General Counsel	301 MERRITT SEVEN CORPORATE PARK, 6TH FL, C/O EMCOR GROUP INC., NORWALK CT 06851
Jason R Nalbandian	officer: SVP & Chief Accounting Officer	301 MERRITT SEVEN CORPORATE PARK, 6TH FL, C/O EMCOR GROUP, INC., NORWALK CT 06851
Rebecca A Weyenberg	director	1725 SHEPHERD RD, CHATTANOOGA TN 37421
Carol P Lowe	director	4311 BEULAH CHURCH ROAD, WEDDINGTON NC 28104
M Kevin Mcevoy	director	C/O OCEANEERING INTERNATIONAL INC, 11911 FM 529, HOUSTON TX 77041-3011
William P Reid	director	301 MERRITT SEVEN CORPORATE PARK, 6TH FL, C/O EMCOR GROUP, INC., NORWALK CT 06851
Hamm Richard F Jr	director	6370 OXBOW BEND, CHANHASSEN MN 55317
Ronald L Johnson	director	3344 PEACHTREE STREET NE, #3403, ATLANTA GA 30326
John W Altmeyer	director	946 HIGHMEADOW COURT, LANCASTER PA 17601
Brown David A B	director
Robin A Walker-lee	director	C/O TRW AUTOMOTIVE, 12001 TECH CENTER DRIVE, LIVONIA MI 48150
Jerry E Ryan	director	3201 EAST 65TH, TULSA OK 74136