Filing Flows › EMCOR Group (EME) › Q1 2025
EMCOR Group (EME) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 30, 2025
EMCOR Group (EME) reported revenue of $3.9B for the first quarter 2025 (Q1 2025), +13% from a year earlier and +3% from the quarter before. Operating margin was 8.2%, net earnings $241M (6.2% of revenue).
EMCOR Group, Q1 2025: revenue $3.9B (+13% year over year), operating margin 8.2%, net earnings $241M, operating cash flow $108M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.9B | +3% | +13% |
| Gross profit | $723M | -5% | +23% |
| Operating profit | $319M | -18% | +23% |
| Net earnings | $241M | -18% | +22% |
| Operating cash flow | $108M | -77% | -18% |
| Free cash flow | $82.3M | -82% | -26% |
What changed
Revenue was $3.9B in Q1 2025, up 13% year over year and up 3% from the previous quarter.
Gross margin was 18.7%, up 1.5 points from a year earlier. Operating profit was $0.32B, a 8.2% margin (up 0.7 points year over year). Of the extra revenue versus a year earlier, 14% reached operating profit, above the 8% margin then. Operating expenses grew 23% against revenue growth of 13%. Net earnings were $0.24B, up 22% year over year. The effective tax rate was 25.8%.
Operating cash flow was $0.11B (down 18% year over year), 45% of net earnings. Non-cash charges added back $0.04B of depreciation and amortization. Working capital and other items used $0.17B. Capital expenditures of $0.03B left free cash flow of $0.08B.
Questions
What was EMCOR Group's revenue in the first quarter 2025?
EMCOR Group (EME) reported revenue of $3.9B for the first quarter 2025 (Q1 2025), +13% from a year earlier and +3% from the quarter before.
Was EMCOR Group profitable in the first quarter 2025?
Operating profit was $319M (8.2% of revenue) and net earnings $241M.
Source: EMCOR Group 10-Q on SEC EDGAR.