EMCOR Group, Inc. (EME) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 6.07B | 5.94B | 5.46B | 5.18B | 4.91B | 5.39B | 5.01B | 4.74B | 4.51B | 4.45B | 4.07B | 3.81B | 3.56B | 3.46B | 3.38B | 3.13B | 3.22B | 3.39B | 3.23B | 3.11B |
| Cash & Short-Term Investments | 916.42M | 1.11B | 655.1M | 485.99M | 576.7M | 1.34B | 1.04B | 807.32M | 840.99M | 789.75M | 523.63M | 503.05M | 420.07M | 456.44M | 403.82M | 262.37M | 514.51M | 821.35M | 663.9M | 668.91M |
| Cash Only | 916.42M | 1.11B | 655.1M | 485.99M | 576.7M | 1.34B | 1.04B | 807.32M | 840.99M | 789.75M | 523.63M | 503.05M | 420.07M | 456.44M | 403.82M | 262.37M | 514.51M | 821.35M | 663.9M | 668.91M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 4.94B | 4.24B | 4.42B | 4.46B | 4.14B | 3.86B | 3.81B | 3.75B | 3.47B | 3.47B | 3.37B | 3.14B | 2.97B | 2.84B | 2.81B | 2.7B | 2.57B | 2.43B | 2.43B | 2.31B |
| Days Sales Outstanding | 89.31 | 88.2 | 94.98 | 90.91 | 93.09 | 93.56 | 94.05 | 89.67 | 92.09 | 91.57 | 93.42 | 91.33 | 90.49 | 88.11 | 89.75 | 88.57 | 86.79 | 84.71 | 86.34 | 84.67 |
| Inventory | 130.21M | 126.25M | 105.41M | 108.16M | 94.13M | 95.67M | 94.47M | 103.9M | 113.75M | 110.77M | 115.47M | 106.08M | 100.41M | 85.64M | 101.87M | 93.46M | 71.46M | 54.1M | 64.49M | 64.71M |
| Days Inventory Outstanding | 3.07 | 2.98 | 2.83 | 2.65 | 2.72 | 2.9 | 3.08 | 3.32 | 3.59 | 3.69 | 3.83 | 3.68 | 3.41 | 3.46 | 3.72 | 3.23 | 2.52 | 2.44 | 2.78 | 2.49 |
| Other Current Assets | 83.88M | 457.95M | 278.59M | 119.6M | 102.59M | 91.64M | 70.68M | 76.63M | 79.65M | 73.07M | 57.01M | 59.02M | 69.83M | 79.35M | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 3.43B | 3.66B | 3.18B | 3.22B | 3.17B | 2.33B | 2.32B | 2.33B | 2.18B | 2.16B | 2.16B | 2.1B | 2.08B | 2.06B | 2.06B | 2.02B | 2.01B | 2.05B | 2.07B | 2.02B |
| Property, Plant & Equipment | 743.34M | 692.31M | 632.94M | 634.93M | 587.68M | 523.62M | 527.46M | 532.48M | 507.92M | 489.88M | 476.81M | 462.27M | 435.33M | 425.88M | 419.07M | 426.5M | 417.73M | 412.84M | 422.24M | 405.97M |
| Fixed Asset Turnover | 6.45x | 6.82x | 6.79x | 7.04x | 6.96x | 7.17x | 6.98x | 7.05x | 6.88x | 7.12x | 6.83x | 6.79x | 6.71x | 6.98x | 6.69x | 6.41x | 6.24x | 6.32x | 6.09x | 6.07x |
| Goodwill | 1.43B | 1.41B | 1.36B | 1.35B | 1.34B | 1.02B | 1B | 998.57M | 956.55M | 956.55M | 953.36M | 927.49M | 923.27M | 919.15M | 916.81M | 901.21M | 891.54M | 890.27M | 888.3M | 868.82M |
| Intangible Assets | 1.09B | 1.11B | 1.06B | 1.08B | 1.1B | 648.18M | 648.12M | 661.92M | 569.78M | 586.03M | 600.79M | 574.48M | 584.6M | 593.98M | 605.95M | 577.28M | 574.61M | 589.37M | 602.23M | 587.25M |
| Long-Term Investments | 56.6M | 51.7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 109.87M | 88.81M | 133.27M | 155.05M | 146.83M | 137.07M | 137.74M | 138.79M | 144.95M | 130.29M | 124.34M | 133.82M | 135.28M | 123.63M | 117.64M | 115.92M | 130.87M | 157.97M | 157.33M | 157.78M |
| Total Assets | 9.51B | 9.6B | 8.64B | 8.4B | 8.08B | 7.72B | 7.32B | 7.07B | 6.69B | 6.61B | 6.22B | 5.91B | 5.64B | 5.52B | 5.44B | 5.15B | 5.23B | 5.44B | 5.3B | 5.13B |
| Asset Turnover | 0.48x | 0.50x | 0.50x | 0.52x | 0.49x | 0.50x | 0.51x | 0.53x | 0.52x | 0.54x | 0.53x | 0.53x | 0.52x | 0.54x | 0.53x | 0.52x | 0.49x | 0.49x | 0.48x | 0.48x |
| Asset Growth % | 17.69% | 24.41% | 18% | 18.78% | 20.81% | 16.74% | 17.64% | 19.72% | 18.55% | 19.64% | 14.44% | 14.79% | 7.83% | 1.53% | 2.68% | 0.26% | 3.36% | 7.46% | 9.66% | 11.82% |
| Total Current Liabilities | 4.82B | 4.86B | 4.58B | 4.39B | 4.22B | 4.15B | 3.93B | 3.67B | 3.43B | 3.52B | 3.23B | 2.95B | 2.66B | 2.75B | 2.64B | 2.4B | 2.3B | 2.36B | 2.25B | 2.14B |
| Accounts Payable | 1.15B | 1.23B | 1.04B | 1.12B | 1.04B | 937.09M | 897.06M | 922M | 865.06M | 935.97M | 824.15M | 790.16M | 724.1M | 849.28M | 751.07M | 722.92M | 719.79M | 734.27M | 637.87M | 635.8M |
| Days Payables Outstanding | 28.41 | 29.12 | 28.63 | 28.3 | 28.31 | 28 | 28.25 | 27.26 | 28.82 | 28.7 | 27.89 | 26.96 | 28.85 | 29.51 | 28.1 | 28.24 | 29.21 | 28.21 | 27.37 | 27.83 |
| Short-Term Debt | 104.7M | 101.61M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.46M | 6.48M | 15.4M | 15.52M | 82.78M | 78.86M | 78.05M | 76.28M | 74.05M | 74.28M | 72.31M |
| Deferred Revenue (Current) | 2.42B | 2.33B | 2.14B | 2.13B | 2.06B | 2.05B | 1.88B | 1.78B | 1.65B | 1.6B | 1.49B | 1.36B | 1.16B | 1.1B | 1.05B | 925.73M | 827.71M | 788.13M | 780.67M | 769.96M |
| Other Current Liabilities | 440.72M | 338.39M | 136.76M | 0 | 0 | 0 | 0 | 0 | 0 | -2.46M | 0 | 0 | 0 | 258.19M | 248.38M | 236.91M | 261.12M | 274.41M | 263.18M | 243.27M |
| Current Ratio | 1.26x | 1.22x | 1.19x | 1.18x | 1.16x | 1.30x | 1.28x | 1.29x | 1.31x | 1.26x | 1.26x | 1.29x | 1.34x | 1.26x | 1.28x | 1.30x | 1.40x | 1.44x | 1.43x | 1.45x |
| Quick Ratio | 1.23x | 1.19x | 1.17x | 1.15x | 1.14x | 1.27x | 1.25x | 1.26x | 1.28x | 1.23x | 1.22x | 1.26x | 1.30x | 1.23x | 1.24x | 1.26x | 1.37x | 1.41x | 1.41x | 1.42x |
| Cash Conversion Cycle | 63.96 | 62.05 | 69.18 | 65.26 | 67.49 | 68.46 | 68.88 | 65.73 | 66.86 | 66.56 | 69.35 | 68.05 | 65.06 | 62.07 | 65.37 | 63.55 | 60.1 | 58.93 | 61.75 | 59.33 |
| Total Non-Current Liabilities | 819.03M | 1.06B | 724.31M | 952.37M | 904.68M | 623.92M | 637.61M | 653.72M | 640.46M | 620.55M | 711.42M | 840.12M | 913.19M | 796.79M | 957.51M | 790.72M | 798.79M | 826.63M | 904.5M | 898.88M |
| Long-Term Debt | 0 | 369M | 0 | 250M | 250M | 0 | 0 | 0 | 0 | 2.84M | 97.48M | 231.45M | 331.32M | 227.82M | 415.1M | 245M | 245.42M | 240.73M | 259.34M | 259.65M |
| Capital Lease Obligations | 411.82M | 372.94M | 328.78M | 328.15M | 297.86M | 265.42M | 269.52M | 279.46M | 269.8M | 262.27M | 256.31M | 250.93M | 226.29M | 224.57M | 218.97M | 227.72M | 224.23M | 225.55M | 228.56M | 211.48M |
| Deferred Tax Liabilities | 0 | 313.6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 61.6M | 0 | 0 | 0 | 51M | 0 | 0 |
| Other Non-Current Liabilities | 406.42M | 4.13M | 395.53M | 374.22M | 356.83M | 358.49M | 368.09M | 374.25M | 370.66M | 355.44M | 357.64M | 357.74M | 355.59M | 280.53M | 321.47M | 316.39M | 327.48M | 306.83M | 414.22M | 425.21M |
| Total Liabilities | 5.64B | 5.93B | 5.3B | 5.35B | 5.13B | 4.78B | 4.56B | 4.33B | 4.07B | 4.14B | 3.94B | 3.79B | 3.57B | 3.55B | 3.6B | 3.19B | 3.1B | 3.19B | 3.15B | 3.04B |
| Total Debt | 516.52M | 843.55M | 424.62M | 670.14M | 635.57M | 348.92M | 349.76M | 358.19M | 345.81M | 345.27M | 435M | 568.96M | 641.95M | 535.17M | 712.93M | 550.77M | 545.93M | 540.34M | 562.18M | 543.45M |
| Net Debt | -399.9M | -268.42M | -230.48M | 184.15M | 58.86M | -990.63M | -685.77M | -449.13M | -495.17M | -444.48M | -88.64M | 65.91M | 221.88M | 78.73M | 309.12M | 288.4M | 31.42M | -281.01M | -101.73M | -125.46M |
| Debt / Equity | 0.13x | 0.23x | 0.13x | 0.22x | 0.22x | 0.12x | 0.13x | 0.13x | 0.13x | 0.14x | 0.19x | 0.27x | 0.31x | 0.27x | 0.39x | 0.28x | 0.26x | 0.24x | 0.26x | 0.26x |
| Debt / EBITDA | 1.28x | 1.49x | 0.93x | 1.45x | 1.76x | 0.82x | 0.88x | 0.98x | 1.19x | 1.08x | 1.64x | 2.52x | 3.50x | 2.61x | 4.01x | 3.37x | 4.30x | 3.16x | 3.38x | 3.37x |
| Net Debt / EBITDA | -0.99x | -0.47x | -0.51x | 0.40x | 0.16x | -2.34x | -1.72x | -1.22x | -1.71x | -1.39x | -0.33x | 0.29x | 1.21x | 0.38x | 1.74x | 1.76x | 0.25x | -1.64x | -0.61x | -0.78x |
| Interest Coverage | - | 208.53x | - | 128.15x | - | - | - | - | - | 24.18x | 2637.03x | 72.95x | 84.41x | 25.98x | 47.31x | 79.23x | 78.45x | 68.78x | 107.57x | 102.04x |
| Total Equity | 3.87B | 3.67B | 3.34B | 3.05B | 2.95B | 2.94B | 2.76B | 2.75B | 2.62B | 2.47B | 2.28B | 2.12B | 2.07B | 1.97B | 1.84B | 1.95B | 2.14B | 2.25B | 2.14B | 2.09B |
| Equity Growth % | 31.02% | 25.05% | 20.93% | 11.22% | 12.87% | 18.94% | 21.02% | 29.63% | 26.57% | 25.15% | 23.75% | 8.46% | -3.25% | -12.37% | -13.99% | -6.62% | 0.71% | 9.73% | 6.68% | 7.56% |
| Book Value per Share | 85.85 | 81.57 | 74.16 | 67.87 | 63.90 | 63.61 | 59.22 | 58.22 | 55.27 | 52.20 | 48.10 | 44.51 | 43.10 | 41.19 | 37.56 | 38.51 | 40.36 | 41.94 | 39.68 | 38.31 |
| Total Shareholders' Equity | 3.87B | 3.67B | 3.34B | 3.05B | 2.95B | 2.94B | 2.76B | 2.74B | 2.61B | 2.47B | 2.28B | 2.12B | 2.07B | 1.97B | 1.84B | 1.95B | 2.14B | 2.25B | 2.14B | 2.09B |
| Common Stock | 613K | 613K | 612K | 612K | 612K | 612K | 612K | 612K | 612K | 611K | 611K | 611K | 610K | 609K | 609K | 609K | 608K | 607K | 607K | 607K |
| Retained Earnings | 6.29B | 6.01B | 5.58B | 5.3B | 5.01B | 4.78B | 4.5B | 4.24B | 4B | 3.81B | 3.61B | 3.45B | 3.32B | 3.21B | 3.1B | 3B | 2.9B | 2.84B | 2.74B | 2.65B |
| Treasury Stock | -2.52B | -2.43B | -2.28B | -2.28B | -2.07B | -1.85B | -1.76B | -1.5B | -1.39B | -1.35B | -1.33B | -1.33B | -1.24B | -1.22B | -1.22B | -1.02B | -743.85M | -562.04M | -549.74M | -504.52M |
| Accumulated OCI | -1.92M | -1.92M | -71.54M | -68.01M | -79.71M | -85.53M | -76.28M | -85.71M | -86.44M | -85.7M | -91.36M | -86.53M | -90.67M | -93.45M | -101.53M | -93.22M | -85.95M | -83.56M | -107.81M | -106.92M |
| Minority Interest | 1.04M | 1.04M | 1.11M | 1.97M | 1.97M | 1.04M | 1.04M | 1.04M | 1.04M | 1.04M | 1.04M | 702K | 702K | 702K | 702K | 702K | 702K | 702K | 702K | 702K |