What is EMCOR Group's contract assets?

EMCOR Group (EME) reported contract assets of $377.33M in Q1 2026.

How has EMCOR Group's contract assets changed year-over-year?

EMCOR Group's contract assets increased by 14.6% year-over-year, from $329.34M to $377.33M.

What is the long-term trend for EMCOR Group's contract assets?

Over 5 years (2020 to 2025), EMCOR Group's contract assets has grown at a 14.5% compound annual growth rate (CAGR), from $171.96M to $337.72M.

What does contract assets mean?

Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.

EMCOR Group EME Contract Assets

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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:ContractWithCustomerAssetNetCurrent.

The official record: EMCOR Group’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is EMCOR Group's contract assets?: EMCOR Group (EME) reported contract assets of $377.33M in Q1 2026.
How has EMCOR Group's contract assets changed year-over-year?: EMCOR Group's contract assets increased by 14.6% year-over-year, from $329.34M to $377.33M.
What is the long-term trend for EMCOR Group's contract assets?: Over 5 years (2020 to 2025), EMCOR Group's contract assets has grown at a 14.5% compound annual growth rate (CAGR), from $171.96M to $337.72M.
What does contract assets mean?: Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.