EME (EMCOR Group) EBIT: $1,819 Mil (TTM As of Mar. 2026)


EME EMCOR Group Inc EME
91 GF Score
Price $845.50
GF Value $559.38
Valuation Significantly Overvalued
! 5 Warning Signs
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What is EMCOR Group EBIT?

EMCOR Group EME +0.82% 91 EBIT is $1,819 Mil as of Mar. 2026. GuruFocus rates EME with a GF Score™ of 91/100 and a GF Value™ of $559.38 (Significantly Overvalued). The stock has 5 warning signs investors should review.

EMCOR Group's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $404 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $1,819 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. EMCOR Group's annualized ROC % for the quarter that ended in Mar. 2026 was 19.94%. EMCOR Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 215.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. EMCOR Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.89%.

EMCOR Group  (NYSE:EME) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

EMCOR Group's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=1615.38 * ( 1 - 25.5% )/( (5780.627 + 6289.505)/ 2 )
=1203.4581/6035.066
=19.94 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=9291.399 - 2438.367 - ( 1111.968 - max(0, 4864.94 - 5937.345+1111.968))
=5780.627

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=9508.107 - 2302.182 - ( 916.42 - max(0, 4821.499 - 6074.493+916.42))
=6289.505

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

EMCOR Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1615.38/( ( (692.306 + max(-278.067, 0)) + (743.342 + max(61.538000000001, 0)) )/ 2 )
=1615.38/( ( 692.306 + 804.88 )/ 2 )
=1615.38/748.593
=215.79 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4241.177 + 126.252 + 120.231) - (2438.367 + 2327.36 + -9.0949470177293E-13)
=-278.067

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4549.956 + 130.208 + 100.577) - (2302.182 + 2417.021 + 0)
=61.538000000001

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

EMCOR Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1818.733/37169.289
=4.89 %

* 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.

EMCOR Group EBIT Related Terms

EMCOR Group EBIT Historical Data

* Premium members only.

The historical data trend for EMCOR Group's EBIT 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.

EMCOR Group EBIT Chart

EMCOR Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 535.37 571.95 890.05 1,381.16 1,733.64

EMCOR Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 318.76 415.21 405.70 593.98 403.85

EME vs MTZ, STRL, APG: EBIT Comparison

For the Engineering & Construction subindustry, EMCOR Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Construction Industry

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

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


EME
91GF Score
EMCOR Group Inc EME
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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EMCOR Group EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,819 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $1,819 Mil mean?
EMCOR Group (EME) has a EBIT of $1,819 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on EMCOR Group.
Is EMCOR Group's EBIT too high?
EMCOR Group's current EBIT is $1,819 Mil. Overall, EMCOR Group has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does EMCOR Group's EBIT compare to MTZ and STRL?
EMCOR Group's EBIT of $1,819 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Construction company?
A good EBIT depends on the Construction industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on EMCOR Group. EMCOR Group's current EBIT is $1,819 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EMCOR Group stock overvalued right now?
Based on GuruFocus' analysis, EMCOR Group (EME) is currently considered Significantly Overvalued. The stock's GF Value™ is $559.38, compared to a current price of $845.50 — trading 51.1% above its estimated fair value. The current EBIT is $1,819 Mil. EMCOR Group's overall GF Score™ is 91/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For EMCOR Group (EME), the current EBIT is $1,819 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is EMCOR Group (EME) Overvalued in 2026?

Based on GuruFocus' analysis, EMCOR Group stock appears to be overvalued. The current stock price of $845.50 is trading 51.1% above its estimated GF Value™ of $559.38. GuruFocus considers EMCOR Group to be Significantly Overvalued.

Key valuation signals for EME:

  • EBIT: $1,819 Mil
  • GF Value™: $559.38 vs. price of $845.50 (51.1% above fair value)
  • GF Score™: 91/100 with 5 warning signs

No single metric tells the full story. See the EME stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

EMCOR Group Business Description

Address 301 Merritt Seven, Norwalk, CT, USA, 06851-1092
EMCOR Group Inc is a specialty contractor in the United States and a provider of electrical and mechanical construction and facilities services, building services, and industrial services. Its services are provided to a broad range of commercial, technology, manufacturing, industrial, healthcare, utility, and institutional customers through approximately 100 operating subsidiaries. The company's operating subsidiaries are organized into reportable segments: United States mechanical construction and facilities services, which derives key revenue; United States electrical construction and facilities services; United States building services; United States industrial services; and United Kingdom building services. Geographically, its key revenue is derived from the United States.
91GF Score

Get the complete analysis for EME

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$845.50
Price
$559.38
GF Value