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EMCOR Group EME Change in AP

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Other financials

Income statement

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Revenue$4.6B+19.7%
Gross profit$864.0M+19.5%
Operating income$403.8M+26.7%
Net income$305.5M+26.9%
EPS (diluted)$6.84+30.0%

Balance sheet

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Cash & equivalents$916.4M+58.9%
Total debt$516.5M+31.6%
Total equity$3.9B+31.1%
Total assets$9.5B+17.7%

Cash flow

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Operating cash flow$558.0K-99.5%
CapEx$28.7M+9.9%
Free cash flow-$28.2M-134%

Valuation

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Market cap$36.88B+50.5%
Enterprise value$36.48B+49.2%
P/E27.6×+5.4×
P/S2.1×+0.5×

Profitability

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Gross margin19.3%0.0pp
Operating margin10.1%+0.8pp
Net margin7.5%+0.5pp
FCF margin6.1%-2.6pp

Returns & leverage

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Return on equity39.2%+1.5pp
Debt / equity0.1×0.0×
Current ratio1.3×+0.1×

Where this comes from

Reported directly by EMCOR Group in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInAccountsPayable.

The official record: EMCOR Group’s 10-K, filed February 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is EMCOR Group's change in AP?
EMCOR Group (EME) reported change in AP of $47.34M in Q4 2025.
How has EMCOR Group's change in AP changed year-over-year?
EMCOR Group's change in AP increased by 1332.6% year-over-year, from -$3.84M to $47.34M.
What is the long-term trend for EMCOR Group's change in AP?
Over 4 years (2021 to 2025), EMCOR Group's change in AP has grown at a 36.3% compound annual growth rate (CAGR), from $54.85M to $189.35M.
What does change in AP mean?
Increase or decrease in amounts owed to suppliers — a key working capital component affecting operating cash flow.