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EMCOR (NYSE:EME) FY Earnings Call Presentation
2025-09-12 15:30
Financial Performance & Position - EMCOR Group's 2024 revenue reached $146 billion[9] - The company's Remaining Performance Obligations (RPOs) as of June 30, 2025, stood at $1191 billion, including $947 million from the Miller Electric acquisition[9, 22] - For the six months ended June 30, 2025, revenues were $817 billion, a 151% increase compared to $709 billion in 2024[46] - Operating income for the same period was $7339 million, a 238% increase from $5927 million in 2024[46] - Diluted earnings per common share for the six months ended June 30, 2025, were $1196, a 271% increase from $941 in 2024[46] Business Segments & Trends - Construction Services accounted for approximately 67% of EMCOR's 2024 revenue[12] - Building Services represented about 24% of the company's 2024 revenue[12] - Industrial Services contributed roughly 9% to EMCOR's 2024 revenue[12] - EMCOR is well-positioned to benefit from trends like data centers, reshoring, electrification, and energy efficiency[13] - The company's operating cash flow conversion rate for the twelve-month period ended December 31, 2024, was 105%[9]