EMCOR(US:EME)2025-10-30 14:30Financial Performance - Revenues for the third quarter of 2025 reached a record $4301529 thousand, a 16.4% increase compared to $3696924 thousand in the third quarter of 2024[16] - Operating income for the third quarter of 2025 was $405696 thousand, up 11.6% from $363538 thousand in the same period of 2024[16] - Diluted earnings per share (EPS) for the third quarter of 2025 increased by 13.3% to $6.57, compared to $5.80 in the third quarter of 2024[16] - For the nine months ended September 30, 2025, revenues increased by 15.5% to $12473301 thousand from $10796097 thousand in 2024[17] - Diluted earnings per share for the nine months ended September 30, 2025, increased by 21.8% to $18.53 from $15.21 in 2024[17] Remaining Performance Obligations (RPOs) - Record Remaining Performance Obligations (RPOs) reached $12.61 billion, a 29% increase year-over-year, and a 25% increase from December 2024[9] - Diverse RPOs of $12.61 billion; +$2.82 billion Y/Y[10] Strategic Initiatives - The planned divestiture of EMCOR UK is expected to tighten strategic focus on core end markets in the United States and slightly improve operating margins[9] - EMCOR UK currently delivers ~$500 million of annualized revenue and ~$0.45 of annualized EPS[20] - The divestiture of EMCOR UK is valued at $255 million and is expected to close by the end of 2025[20] Guidance - The company projects revenues between $16.7 billion and $16.8 billion[21] - The company projects Non-GAAP Diluted EPS between $25.00 and $25.75[21]