Operating
EMCOR Group·Cash Flow Statement·23 metrics
Breakdown
| Metric | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity, Increase (Decrease) in Operating Capital | $6.9M | -$219.2M | — | $186.6M | $160.3M | — | — | $354.8M |
| Net income | $247.6M | $270.3M | $292.2M | $240.7M | $302.2M | $295.4M | $434.6M | $305.5M |
| Amortization of capitalized software and acquired intangible assets | $20.2M | $20.1M | $20.4M | $26.4M | $30.1M | $30.5M | $32.1M | $34.2M |
| Depreciation | $14.1M | $14.4M | $14.9M | $15.6M | $16.6M | $17.3M | $17.9M | $18.4M |
| Non-cash share-based compensation expense | $4.8M | $4.8M | — | $9.3M | $3.8M | $3.7M | — | $10.6M |
| Deferred income taxes | -$7.3M | -$7.3M | -$7.3M | $2.8M | — | — | — | -$7M |
| Excess Tax Benefits From Share-Based Compensation | — | — | — | $3.5M | — | — | — | $6M |
| Other Noncash Income (Expense) | $2.4M | $2.7M | — | $798K | $3.6M | -$7.1M | — | $650K |
| Net cash from operating activities | $279.7M | $526.4M | $469.5M | $108.5M | $193.7M | $475.5M | $524.4M | $558K |
| Accounts Receivable, Credit Loss Expense (Reversal) | $2.4M | $334K | $4.7M | $4.7M | $4.3M | — | $2.3M | $395K |
| Change in accounts payable | -$3.8M | -$3.8M | -$3.8M | $47.3M | $47.3M | $47.3M | $47.3M | — |
| Change in accounts receivable | $77.9M | $77.9M | $77.9M | $109.4M | $109.4M | $109.4M | $109.4M | — |
| Change in accrued liabilities | $37.1M | $37.1M | $37.1M | $35.3M | $35.3M | $35.3M | $35.3M | — |
| Change in deferred revenue | $106.7M | $106.7M | $106.7M | $38.9M | $38.9M | $38.9M | $38.9M | — |
| Change in inventories | -$4.5M | -$4.5M | -$4.5M | $6.7M | $6.7M | $6.7M | $6.7M | — |
| Other working capital changes | $48.3K | $48.3K | $48.3K | -$896K | -$896K | -$896K | -$896K | — |
| Gain (loss) on sale of assets | $253K | $253K | $253K | $557.3K | $557.3K | $557.3K | $557.3K | — |
| Amortization expense related to capitalized debt issuance costs | $205.5K | $205.5K | $205.5K | $205.5K | $205.5K | $205.5K | $205.5K | — |
| Excess tax benefit from share-based compensation | $994.5K | $994.5K | $994.5K | $1.3M | $1.3M | $1.3M | $1.3M | — |
| Gain on sale of business and assets | $0 | $0 | $0 | $36.2M | $36.2M | $36.2M | $36.2M | — |
| Increase (Decrease) in Contract with Customer, Asset | $3.3M | $3.3M | $3.3M | $10.7M | $10.7M | $10.7M | $10.7M | — |
| Non-cash (income) expense from contingent consideration arrangements | $2.2M | $2.2M | $2.2M | -$133.5K | -$133.5K | -$133.5K | -$133.5K | — |
| Non-cash share-based compensation expense | $5M | $5M | $5M | $5.1M | $5.1M | $5.1M | $5.1M | — |