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How EMCOR Group (EME) makes money

EMCOR Group (EME) made $5.5B of revenue in the third quarter 2026 (Q3 2026), +29% from a year earlier. Of every dollar of revenue, 20¢ was left as gross profit, 10¢ was left as operating profit, 7¢ was left as net earnings.

Drawing the Sankey…

EMCOR Group revenue by quarterEMCOR Group revenue by quarter$3.9BQ1 2025$4.3BQ2 2025$4.3BQ3 2025$4.5BQ4 2025$4.6BQ1 2026$5.2BQ2 2026$5.5BQ3 2026
EMCOR Group: where each dollar of revenue goesEMCOR Group: where each dollar of revenue goesCost of revenue80¢Gross profit20¢Operating expenses10¢Operating profit10¢Income tax3¢Net earnings7¢Operating cash flow14¢Free cash flow14¢

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$5.5B100.0%
Cost of revenue$4.4B80.0%
Gross profit$1.1B20.0%
Operating expenses$562M10.1%
Operating profit$546M9.8%
Income tax$150M2.7%
Net earnings$400M7.2%
Operating cash flow$797M14.4%
Free cash flow$760M13.7%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$5.5B+29%
Q2 2026$5.2B+20%
Q1 2026$4.6B+20%
Q4 2025$4.5B+20%
Q3 2025$4.3B+16%
Q2 2025$4.3B+17%
Q1 2025$3.9B+13%

From EMCOR Group's 10-Q filed Oct 29, 2026 (on EDGAR).

Questions

How does EMCOR Group make money?

EMCOR Group (EME) made $5.5B of revenue in the third quarter 2026 (Q3 2026), +29% from a year earlier. Of every dollar of revenue, 20¢ was left as gross profit, 10¢ was left as operating profit, 7¢ was left as net earnings.

What is EMCOR Group's profit margin?

Net earnings were $400M, 7.2% of revenue, in the third quarter 2026; the operating margin was 9.8%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.