Filing Flows › EMCOR Group (EME) › Q2 2025
EMCOR Group (EME) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 31, 2025
EMCOR Group (EME) reported revenue of $4.3B for the second quarter 2025 (Q2 2025), +17% from a year earlier and +11% from the quarter before. Operating margin was 9.6%, net earnings $302M (7.0% of revenue).
EMCOR Group, Q2 2025: revenue $4.3B (+17% year over year), operating margin 9.6%, net earnings $302M, operating cash flow $194M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.3B | +11% | +17% |
| Gross profit | $834M | +15% | +22% |
| Operating profit | $415M | +30% | +25% |
| Net earnings | $302M | +26% | +22% |
| Operating cash flow | $194M | +79% | -31% |
| Free cash flow | $166M | +101% | -36% |
What changed
Revenue was $4.3B in Q2 2025, up 17% year over year and up 11% from the previous quarter.
Gross margin was 19.4%, up 0.7 points from a year earlier. Operating profit was $0.42B, a 9.6% margin (up 0.6 points year over year). Of the extra revenue versus a year earlier, 13% reached operating profit, above the 9% margin then. Operating expenses grew 19% against revenue growth of 17%. Net earnings were $0.30B, up 22% year over year. The effective tax rate was 26.7%.
Operating cash flow was $0.19B (down 31% year over year), 64% of net earnings. Non-cash charges added back $0.05B of depreciation and amortization. Working capital and other items used $0.16B. Capital expenditures of $0.03B left free cash flow of $0.17B.
Questions
What was EMCOR Group's revenue in the second quarter 2025?
EMCOR Group (EME) reported revenue of $4.3B for the second quarter 2025 (Q2 2025), +17% from a year earlier and +11% from the quarter before.
Was EMCOR Group profitable in the second quarter 2025?
Operating profit was $415M (9.6% of revenue) and net earnings $302M.
Source: EMCOR Group 10-Q on SEC EDGAR.