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EMCOR Group EME Increase (Decrease) in Contract with Customer, Asset

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Other financials

Income statement

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Revenue$5.2B+19.8%
Gross profit$1.0B+22.6%
Operating income$547.3M+31.8%
Net income$403.7M+33.6%
EPS (diluted)$9.06+34.8%

Balance sheet

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Cash & equivalents$924.4M+90.2%
Total debt$548.0M+28.5%
Total equity$4.1B+33.7%
Total assets$10.2B+20.9%

Cash flow

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Operating cash flow$289.4M+49.4%
CapEx$31.1M+11.1%
Free cash flow$258.2M+55.9%

Valuation

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Market cap$36.27B+30.2%
Enterprise value$35.89B+29.1%
P/E25.2×0.0×
P/S+0.2×

Profitability

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Gross margin19.4%-0.1pp
Operating margin10.4%+0.9pp
Net margin7.7%+0.7pp
FCF margin6.3%-1.4pp

Returns & leverage

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Return on equity40.4%+2.2pp
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:IncreaseDecreaseInContractWithCustomerAsset.

The source filing: EMCOR Group’s 10-K, filed February 26, 2026.

Filed
Feb 26, 2026, 7:34 AM EST
Fiscal year
FY2025
Accession
0000105634-26-000025
Line item202520242023
Changes in operating assets and liabilities, excluding the effect of businesses acquired:
Increase in accounts receivable(437,768)(311,504)(626,494)
(Increase) decrease in inventories(26,951)17,982(23,442)
(Increase) decrease in contract assets(42,752)(13,318)5,733
Increase (decrease) in accounts payable189,349(15,362)82,192
Increase in contract liabilities155,596426,628489,728
Increase in accrued payroll and benefits and other accrued expenses and liabilities141,191148,490189,268
Changes in other assets and liabilities, net3,584(193)24,868

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is EMCOR Group's increase (decrease) in contract with customer, asset?
EMCOR Group (EME) reported increase (decrease) in contract with customer, asset of $10.69M in Q4 2025.
How has EMCOR Group's increase (decrease) in contract with customer, asset changed year-over-year?
EMCOR Group's increase (decrease) in contract with customer, asset increased by 221.0% year-over-year, from $3.33M to $10.69M.
What is the long-term trend for EMCOR Group's increase (decrease) in contract with customer, asset?
Over 4 years (2021 to 2025), EMCOR Group's increase (decrease) in contract with customer, asset has grown at a -4.1% compound annual growth rate (CAGR), from $50.65M to $42.75M.
What does increase (decrease) in contract with customer, asset mean?
This represents the change in unbilled receivables or contract assets arising from revenue recognized in excess of the amount billed to customers. It is common in long-term construction contracts where revenue is recognized over time based on project progress. This metric tracks the timing difference between performance and contractual billing milestones.

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