EMCOR GroupFRA:EM4 -1.52%91 Pretax Margin % is 8.86% as of Mar. 2026, which is 78% above its 10-year median of 4.98. GuruFocus rates FRA:EM4 with a GF Score™ of 91/100 and a GF Value™ of €466.20 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,763 Construction companies, EMCOR Group ranks better than 72.38% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. EMCOR Group's Pre-Tax Income for the
three
months ended in Mar. 2026 was €355 Mil. EMCOR Group's Revenue for the
three
months ended in Mar. 2026 was €4,003 Mil. Therefore, EMCOR Group's pretax margin for the quarter that ended in Mar. 2026 was 8.86%.
The historical rank and industry rank for EMCOR Group's Pretax Margin % or its related term are showing as below:
FRA:EM4'
s Pretax Margin % Range Over the Past 10 Years
Min: 2.87 Med: 4.98 Max: 10.19
Current: 10.19
FRA:EM4's Pretax Margin % is ranked better than 72.38% of 1763
companies
in the Construction industry
Industry Median: 5.56
vs FRA:EM4: 10.19
EMCOR Group (FRA:EM4) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
EMCOR Group Pretax Margin % Related Terms
EMCOR Group Pretax Margin % Historical Data
* Premium members only.
The historical data trend for EMCOR Group's Pretax Margin % 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.
FRA:EM4 vs MTZ, STRL, APG: Pretax Margin % Comparison
For the Engineering & Construction subindustry, EMCOR Group's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Construction Industry
For the Construction industry and Industrials sector, EMCOR Group's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where EMCOR Group's Pretax Margin % falls into.
* 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 (FRA:EM4) has a Pretax Margin % of 8.86% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on EMCOR Group and its competitors. This is 78% above median its historical median of 4.98. Over the past decade, EMCOR Group's Pretax Margin % has ranged from 2.87 to 10.19. According to the industry distribution chart, EMCOR Group ranks #487 out of 1763 companies in the Construction industry, placing it in the top 27.6%.
Is EMCOR Group's Pretax Margin % too high?
EMCOR Group's current Pretax Margin % of 8.86% is 78% above median its 10-year median of 4.98. Over the past 10 years, this metric has ranged from a low of 2.87 to a high of 10.19. The Construction industry median Pretax Margin % is 5.56. EMCOR Group's value of 8.86% is 59.4% above this industry median. Based on the distribution chart, EMCOR Group ranks #487 out of 1763 companies in the Construction industry, which is above the industry midpoint. 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 Pretax Margin % compare to MTZ and STRL?
According to the Construction industry distribution chart, EMCOR Group ranks #487 out of 1763 companies for Pretax Margin %. This puts EMCOR Group in the upper half of its industry. The industry median Pretax Margin % is 5.56. EMCOR Group's value of 8.86% is 59.4% above this benchmark. Historically, EMCOR Group's own Pretax Margin % has ranged from 2.87 to 10.19 over the past decade. While the company's 10-year median is 4.98 vs. the industry median of 5.56, EMCOR Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Construction company?
The median Pretax Margin % among Construction companies is 5.56, based on 1,763 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. EMCOR Group's current Pretax Margin % of 8.86% is 59.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on EMCOR Group and its competitors. For the Construction industry, the median Pretax Margin % is 5.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EMCOR Group's current Pretax Margin % is 8.86%, which is 78% above median its own 10-year median of 4.98. 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 (FRA:EM4) is currently considered Significantly Overvalued. The stock's GF Value™ is €466.20, compared to a current price of €736.20 — trading 57.9% above its estimated fair value. The current Pretax Margin % is 8.86%, which is 78% above median its 10-year median of 4.98 and 59.4% above the Construction industry median of 5.56. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For EMCOR Group (FRA:EM4), the current Pretax Margin % is 8.86% 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 (FRA:EM4) Overvalued in 2026?
Based on GuruFocus' analysis, EMCOR Group stock appears to be overvalued.
The current stock price of €736.20 is trading 57.9% above its estimated GF Value™ of €466.20.
GuruFocus considers EMCOR Group to be Significantly Overvalued.
Key valuation signals for FRA:EM4:
Pretax Margin %: 8.86% (78% above median its 10-year median of 4.98)
GF Value™: €466.20 vs. price of €736.20 (57.9% above fair value)
Industry Position: 59.4% above the Construction median (#487 of 1763)
No single metric tells the full story. See the FRA:EM4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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
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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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