EMCOR Group (FRA:EM4) Total Operating Expense: €1,522 Mil (TTM As of Mar. 2026)


FRA:EM4 EMCOR Group Inc FRA:EM4
91 GF Score
Price €736.20
GF Value €466.20
Valuation Significantly Overvalued
! 5 Warning Signs
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What is EMCOR Group Total Operating Expense?

EMCOR Group FRA:EM4 -1.52% 91 Total Operating Expense is €1,522 Mil as of Mar. 2026. 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.

EMCOR Group's Total Operating Expense for the three months ended in Mar. 2026 was €398 Mil. EMCOR Group's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was €1,522 Mil.

EMCOR Group Total Operating Expense Related Terms

EMCOR Group Total Operating Expense Historical Data

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The historical data trend for EMCOR Group's Total Operating Expense 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 Total Operating Expense Chart

EMCOR Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 859.28 980.55 1,110.70 1,356.28 1,464.14

EMCOR Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense 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 373.67 362.89 366.03 394.81 397.99
FRA:EM4
91GF Score
EMCOR Group Inc FRA:EM4
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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EMCOR Group Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense 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 €1,522 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.

What does a Total Operating Expense of €1,522 Mil mean?
EMCOR Group (FRA:EM4) has a Total Operating Expense of €1,522 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on EMCOR Group and its competitors.
Is EMCOR Group's Total Operating Expense too high?
EMCOR Group's current Total Operating Expense is €1,522 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 Total Operating Expense compare to MTZ and STRL?
EMCOR Group's Total Operating Expense of €1,522 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 Total Operating Expense for a Construction company?
A good Total Operating Expense depends on the Construction industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on EMCOR Group and its competitors. EMCOR Group's current Total Operating Expense is €1,522 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 (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 Total Operating Expense is €1,522 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 Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For EMCOR Group (FRA:EM4), the current Total Operating Expense is €1,522 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 (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:

  • Total Operating Expense: €1,522 Mil
  • GF Value™: €466.20 vs. price of €736.20 (57.9% above fair value)
  • GF Score™: 91/100 with 5 warning signs

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 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 FRA:EM4

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

€736.20
Price
€466.20
GF Value