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Everus Construction Group

ECG

Everus Construction Group is a leading specialty contracting services provider in the United States, offering construction and maintenance solutions across diverse end markets.

Market cap
$6.95B+86.5%
Revenue$4.3B+30.5%
Net income$254.5M+53.5%
Free cash flow$250.4M+94.5%
EPS (diluted)$4.97+53.4%
Trailing twelve months · change vs. prior year

Earnings

Next report

Nov 3, 2026 (in 3 months)
Revenue estimate$1.1B
EPS estimate$1.18

Financials

Q2 2026

Income statement

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Revenue$1.2B+33.7%
Gross profit$182.9M+52.6%
Operating income$111.8M+54.2%
Net income$83.9M+58.8%
EPS (diluted)$1.64+59.2%

Balance sheet

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Cash & equivalents$176.7M+109%
Total debt$364.2M+0.3%
Total equity$773.2M+50.3%
Total assets$2.1B+38.9%

Cash flow

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Operating cash flow$53.1M+110%
CapEx$20.1M+53.9%
Free cash flow$33.0M+169%

Valuation & ratios

Valuation

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Market cap$6.95B+86.5%
Enterprise value$7.14B+78.5%
P/E27.3×+4.9×
P/S1.6×+0.5×

Profitability

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Gross margin13%+1.1pp
Operating margin7.8%+0.9pp
Net margin6%+0.9pp
FCF margin5.9%+1.9pp

Returns & leverage

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Return on equity39.5%+6.5pp
Debt / equity0.5×-0.2×
Current ratio1.6×-0.2×

Segments

By segment

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E&M$1.0B+42.3%
T&D$228.7M+7.7%

Competitors

Profile

Everus Construction Group is a leading specialty contracting services provider in the United States, offering construction and maintenance solutions across diverse end markets. The company specializes in complex infrastructure projects including electrical, mechanical, and utility transmission systems, leveraging a national footprint and a large, skilled unionized workforce. Its value proposition centers on a full-service project approach encompassing planning, design-assist, and high-quality execution for mission-critical infrastructure.

Competitive position

Everus is a top-tier national specialty contractor, ranked 12th on ENR's Top 600 Specialty Contractors list and 5th in electrical contracting. It maintains a competitive edge through its scale, long-standing customer relationships, and a decentralized model of 19 local brands.

GeographiesUnited States
Customer segmentsUtilities, Commercial Enterprises, Industrial Manufacturers, Public Sector Entities, Renewable Energy Developers
Business modelFixed-price contracts, Cost-reimbursable contracts, Unit-price contracts, Master Service Agreements (MSA)
SuppliersElectrical fixture manufacturers, Copper and aluminum suppliers, Steel and plastic producers, Specialized construction equipment manufacturers, Skilled union labor (IBEW)
CustomersUtility companies, Technology and data center firms, State and federal government agencies, Commercial developers, Healthcare and educational institutions
Listed2024
CEOJeffrey S. Thiede
Websiteeverus.com
FilingsSEC EDGAR

FAQ

What is Everus Construction Group's market cap?
Everus Construction Group (ECG) has a market capitalization of $6.9B and trades on XNYS.
What is Everus Construction Group's revenue and profitability?
Everus Construction Group generated $4.3B in trailing twelve-month revenue with net income of $254.5M, representing a net margin of 6.0%. Gross margin stands at 13.0%, with free cash flow of $250.4M. These figures are based on the Q2 2026 filing.
Who are Everus Construction Group's competitors?
Everus Construction Group's key competitors include EMCOR Group, Inc., Quanta Services, Inc., MYR Group Inc., and others. These companies compete in similar markets and product categories.
Who does Everus Construction Group partner with?
Everus Construction Group's notable partners include MDU Resources Group, Inc., International Brotherhood of Electrical Workers.
What subsidiaries does Everus Construction Group have?
Everus Construction Group's subsidiaries include Everus Construction, Inc., Bombard Renewable Energy, Wagner Smith Equipment.
Where is Everus Construction Group headquartered?
Everus Construction Group is headquartered in United States of America. It has been publicly traded since 2024.