ECG (Everus Construction Group) Net-Net Working Capital: $-5.03 (As of Mar. 2026)

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ECG Everus Construction Group Inc ECG
21 GF Score
Price $136.05
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What is Everus Construction Group Net-Net Working Capital?

Everus Construction Group ECG +3.47% 21 Net-Net Working Capital is $-5.03 as of Mar. 2026. GuruFocus rates ECG with a GF Score™ of 21/100. Among 484 Construction companies, Everus Construction Group ranks worse than 206611.36% on this metric.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Everus Construction Group's Net-Net Working Capital for the quarter that ended in Mar. 2026 was $-5.03.

The industry rank for Everus Construction Group's Net-Net Working Capital or its related term are showing as below:

ECG's Price-to-Net-Net-Working-Capital is not ranked *
in the Construction industry.
Industry Median: 6.06
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Everus Construction Group  (NYSE:ECG) Net-Net Working Capital Explanation

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.


Everus Construction Group Net-Net Working Capital Related Terms


Everus Construction Group Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Everus Construction Group's Net-Net Working Capital 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.

Everus Construction Group Net-Net Working Capital Chart

Everus Construction Group Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Net-Net Working Capital
0.00 -5.94 -4.73 -6.20 -6.45

Everus Construction Group Quarterly Data
Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.35 -7.18 -6.71 -6.45 -5.03

ECG vs TTEK, FLR, MYRG: Net-Net Working Capital Comparison

For the Engineering & Construction subindustry, Everus Construction Group's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital 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.


Everus Construction Group Price-to-Net-Net-Working-Capital vs Construction Industry

For the Construction industry and Industrials sector, Everus Construction Group's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Everus Construction Group's Price-to-Net-Net-Working-Capital falls into.


ECG
21GF Score
Everus Construction Group Inc ECG
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Everus Construction Group Net-Net Working Capital Calculation

Everus Construction Group's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2025 is calculated as

Net-Net Working Capital(A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(170.5+0.75 * 769.01+0.5 * 45.271-1098.913
-0-0)/51.007
=-6.45

Everus Construction Group's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2026 is calculated as

Net-Net Working Capital(Q: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(293.356+0.75 * 781.997+0.5 * 47.978-1160.803
-0-0)/51.042
=-5.03

* 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.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

This is a conservative way of estimating the company's value.

What does a Net-Net Working Capital of $-5.03 mean?
Everus Construction Group (ECG) has a Net-Net Working Capital of $-5.03 as of Mar. 2026. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Everus Construction Group According to the industry distribution chart, Everus Construction Group ranks #999999 out of 484 companies in the Construction industry.
Is Everus Construction Group's Net-Net Working Capital too high?
Everus Construction Group's current Net-Net Working Capital is $-5.03. Based on the distribution chart, Everus Construction Group ranks #999999 out of 484 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Everus Construction Group has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Everus Construction Group's Net-Net Working Capital compare to TTEK and FLR?
According to the Construction industry distribution chart, Everus Construction Group ranks #999999 out of 484 companies for Net-Net Working Capital. This places Everus Construction Group in the lower half of its industry. The industry median Net-Net Working Capital is 6.06. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Construction company?
The median Net-Net Working Capital among Construction companies is 6.06, based on 484 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital 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 Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Everus Construction Group For the Construction industry, the median Net-Net Working Capital is 6.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Everus Construction Group's current Net-Net Working Capital is $-5.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Everus Construction Group stock overvalued right now?
Everus Construction Group (ECG) has a current Net-Net Working Capital of $-5.03. The current Net-Net Working Capital is $-5.03. Everus Construction Group's overall GF Score™ is 21/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Everus Construction Group (ECG), the current Net-Net Working Capital is $-5.03 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.

Everus Construction Group Business Description

Other Exchanges T54:Germany
Address 1730 Burnt Boat Drive, Bismarck, ND, USA, 58503
Everus Construction Group Inc is a construction solutions provider, offering specialty contracting services to a diverse set of end markets across the U.S. It operates across two segments Electrical & Mechanical (E&M) and Transmission & Distribution (T&D), and delivers services through its subsidiaries. It generates the majority of revenue from the Electrical & Mechanical segment which offers a wide variety of specialty contracting services, including construction and maintenance of electrical and communication wiring, fire suppression systems, and mechanical piping and services, to customers in both the public and private sectors. Its T&D segment serves electric and natural gas utility customers, as well as customers in the transportation end market, in the West and Midwest regions.
21GF Score

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

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