EME 10-K Annual Reports

EMCOR Group, Inc. - 36 annual reports

EMCOR Group, Inc. Annual Report, Year Ended Dec 31, 2025

Feb 26, 2026

EMCOR Group, Inc. reported a strong fiscal year 2025, with revenues reaching a record $16.99 billion, a 16.6% increase over 2024. This growth was driven by broad-based demand across most market sectors served, with significant contributions from acquisitions, particularly Miller Electric Company. The company's operating income also saw a substantial increase to $1.71 billion, marking an improvement in operating margin to 10.1%. A notable event during the year was the sale of its United Kingdom operations, which contributed a gain of $144.9 million. EMCOR's backlog, or remaining performance obligations, also grew significantly to $13.25 billion, indicating strong future revenue potential, especially in the network and communications (data centers) and institutional sectors. The company's continued investment in strategic acquisitions and strong project execution, coupled with a robust balance sheet and a planned increase in its quarterly dividend, position it well for continued growth. Investors should note the company's ongoing focus on operational efficiency, skilled labor retention, and its ability to navigate market and economic uncertainties.

EMCOR Group, Inc. Annual Report, Year Ended Dec 31, 2024

Feb 26, 2025

EMCOR Group, Inc. reported a strong financial performance for the fiscal year ended December 31, 2024, with record revenues of $14.57 billion, a 15.8% increase year-over-year. This growth was broad-based, driven by robust demand across most of its market sectors, particularly in data center construction and high-tech manufacturing. The company also achieved record operating income of $1.34 billion, with an operating margin of 9.2%, a significant improvement from the prior year. This performance reflects improved project execution, a favorable revenue mix, and strategic investments in technology. Acquisitions contributed approximately $251.5 million to revenues in 2024, demonstrating the company's continued inorganic growth strategy. EMCOR's backlog, or remaining performance obligations, stands at $10.10 billion, indicating continued strong future revenue potential, especially within its construction segments, driven by data center and healthcare projects. The company also maintained a strong liquidity position with $1.34 billion in cash and cash equivalents and ample availability under its credit facility. EMCOR's commitment to shareholder returns is evident through its consistent quarterly dividend and ongoing share repurchase program. The company's focus on operational excellence, safety, and strategic acquisitions positions it well for continued growth.

EMCOR Group, Inc. Annual Report, Year Ended Dec 31, 2023

Feb 28, 2024

EMCOR Group, Inc. reported a strong fiscal year 2023, marked by record revenues of $12.6 billion, a 13.6% increase year-over-year. This growth was driven by robust demand across most of its service sectors, particularly in its United States construction segments (electrical and mechanical), which account for the majority of its revenue. The company demonstrated improved profitability, with operating income reaching $875.8 million (7.0% operating margin), up significantly from $564.9 million (5.1% operating margin) in 2022, attributed to better project execution, a favorable work mix, and reduced commodity price pressures. The company's backlog, represented by remaining performance obligations, grew to $8.85 billion, signaling continued demand for its services in the near term. EMCOR also continues its growth strategy through targeted acquisitions, having acquired eight companies in 2023. The company maintained a strong balance sheet, ending the year with $789.8 million in cash and cash equivalents, and has a $1.3 billion revolving credit facility with substantial available capacity. Management announced an intention to increase its quarterly dividend, reflecting confidence in its financial stability and future performance.

EMCOR Group, Inc. Annual Report, Year Ended Dec 31, 2022

Feb 23, 2023

EMCOR Group, Inc. reported strong revenue growth in 2022, reaching a new annual record of $11.1 billion, an increase of 11.8% from the prior year. This growth was driven by broad-based demand across most of its service segments, particularly in United States construction and building services. Despite this top-line expansion, the company experienced a slight decrease in its gross profit margin to 14.5% from 15.2% in the prior year, largely due to a less favorable project mix and specific project losses within its U.S. construction segments. These margin pressures were partly offset by improved operating leverage in selling, general, and administrative expenses. Looking ahead, EMCOR faces ongoing challenges including supply chain disruptions, inflation, and rising interest rates, which are impacting material costs, labor productivity, and project scheduling. The company is actively managing these challenges through enhanced planning, pricing adjustments, and supplier relationships. EMCOR's strong backlog, reflected in its remaining performance obligations of $7.46 billion, indicates continued demand for its services, providing a solid foundation for future revenue generation. The company also continues its commitment to shareholder returns through dividends and share repurchases.

EMCOR Group, Inc. Annual Report, Year Ended Dec 31, 2021

Feb 24, 2022

EMCOR Group, Inc. reported strong financial performance for the fiscal year ended December 31, 2021, with revenues reaching a new annual record of $9.9 billion, a 12.6% increase from the previous year. This growth was driven by a resurgence in project activity across most of its operating segments, particularly in electrical and mechanical construction, and building services, with a notable recovery from COVID-19 related disruptions experienced in 2020. The company also saw a significant improvement in operating income, rising to $530.8 million from $256.8 million in 2020, partly due to the absence of significant impairment charges recorded in the prior year, and partly due to operational efficiencies and increased revenue volumes. The company continues to expand its service offerings and geographic reach through strategic acquisitions, acquiring eight companies in 2021. EMCOR's strong remaining performance obligations of $5.6 billion indicate a robust backlog for future revenue. Despite some margin compression in certain segments due to supply chain issues and input cost escalations, the overall financial health appears solid, supported by a healthy cash position and available credit facilities. Investors will want to monitor the impact of ongoing supply chain challenges and inflationary pressures on future margins and the company's ability to pass these costs on to customers.

EMCOR Group, Inc. Annual Report, Year Ended Dec 31, 2020

Feb 25, 2021

EMCOR Group, Inc. reported revenues of approximately $8.8 billion for the year ended December 31, 2020. The company experienced a year-over-year revenue decrease of 4.1%, primarily attributed to declines in its United States industrial services segment due to adverse market conditions in the oil and gas industry, exacerbated by the COVID-19 pandemic. This was partially offset by revenue growth in its United States mechanical construction and building services segments. The company incurred a significant goodwill impairment charge of $232.8 million in the second quarter of 2020, largely impacting its industrial services segment. Excluding this charge, operating income and margin saw an increase, reflecting improved operational performance in its construction segments. EMCOR's remaining performance obligations increased to $4.59 billion at year-end 2020, indicating a strong backlog and future revenue potential. EMCOR also announced an increase in its quarterly dividend to $0.13 per share, signaling confidence in its financial stability and future prospects, supported by its share repurchase program and ongoing efforts to manage costs effectively amidst the challenging economic environment.

EMCOR Group, Inc. Annual Report, Year Ended Dec 31, 2019

Feb 27, 2020

EMCOR Group, Inc. reported strong performance in its 2019 fiscal year, driven by significant revenue growth across all segments and maintained operating margins. The company achieved record revenues of approximately $9.2 billion, a 12.8% increase year-over-year, with operating income reaching $460.9 million, a 5.0% margin, consistent with the prior year's record. This growth was bolstered by strategic acquisitions and robust demand in key market sectors like commercial, manufacturing, and healthcare, contributing to an increase in remaining performance obligations to $4.04 billion. Looking ahead, EMCOR demonstrated a solid backlog, indicating continued demand for its services. The company continues to invest in its operations and pursue strategic acquisitions to expand its capabilities and geographic reach. Investors should note the company's ongoing commitment to returning value through dividends and share repurchases, although the repurchase program saw no activity in 2019. The filing also highlighted potential risks including economic downturns, competition, and operational challenges, alongside an important disclosure regarding a cybersecurity incident that occurred shortly after the fiscal year-end.

EMCOR Group, Inc. Annual Report, Year Ended Dec 31, 2018

Feb 21, 2019

EMCOR Group, Inc. reported robust financial performance for the fiscal year ended December 31, 2018, achieving record revenues, operating income, and diluted earnings per share from continuing operations. The company experienced revenue growth across all its reportable segments, driven by increased activity in various market sectors and contributions from strategic acquisitions. Key operational improvements were noted in the United States industrial services and building services segments, which benefited from recovery from prior-year impacts and strong project execution, respectively. The company's financial health appears solid, supported by strong operating cash flow and a significant backlog of remaining performance obligations totaling $3.96 billion as of year-end 2018, providing visibility into future revenue. EMCOR also demonstrated a commitment to shareholder returns through consistent dividend payments and active share repurchases. Despite economic sensitivities inherent in the construction and facilities services industries, EMCOR's diversified service offerings and broad customer base position it to navigate market fluctuations. The company continues to focus on strategic growth through acquisitions while managing operational efficiencies.

EMCOR Group, Inc. Annual Report, Year Ended Dec 31, 2017

Feb 22, 2018

EMCOR Group, Inc. reported strong financial performance for the fiscal year 2017, with record revenues of $7.7 billion, marking a 1.8% increase from the previous year. This growth was driven by acquisitions and increased activity in its domestic construction segments, particularly electrical and mechanical services, which benefited from strong performance in commercial, institutional, and healthcare projects. The company also saw an increase in its United Kingdom building services segment. Despite overall revenue growth, the United States industrial services segment experienced a significant decline, primarily due to reduced large project activity, the impact of Hurricane Harvey on turnaround projects, and adverse market conditions. This segment's weakness led to a substantial goodwill impairment charge of $57.8 million. However, improved operating performance across most segments, coupled with the recovery of disputed contract costs, resulted in a higher operating income and a slight increase in operating margin to 4.3%. EMCOR continues to demonstrate solid cash flow generation and maintains a healthy backlog, although it slightly decreased year-over-year.

EMCOR Group, Inc. Annual Report, Year Ended Dec 31, 2016

Feb 23, 2017

EMCOR Group, Inc. reported a strong performance in its 2016 fiscal year, achieving record revenues of approximately $7.6 billion, a 12.4% increase from 2015. This growth was driven by broad-based increases across its domestic segments, particularly in electrical and mechanical construction, alongside a robust performance in its industrial services segment. The company also saw improvements in its building services operations. Despite increased revenues, operating income as a percentage of revenues slightly declined from 4.3% in 2015 to 4.1% in 2016. This was primarily due to significant losses incurred on three specific construction projects within the mechanical and electrical construction segments, which negatively impacted the overall operating margin. Looking ahead, EMCOR maintained a healthy backlog of $3.9 billion at the end of 2016, up from $3.77 billion in the prior year, indicating continued demand for its services. The company's strategic acquisitions in 2016, notably Ardent Services, L.L.C., contributed to revenue growth and expanded its capabilities, particularly in the electrical and instrumentation services sector. EMCOR also continued its commitment to shareholder returns through consistent quarterly dividend payments and ongoing share repurchases.

EMCOR Group, Inc. Annual Report, Year Ended Dec 31, 2015

Feb 25, 2016

EMCOR Group, Inc.'s 2015 10-K filing highlights a year of record revenues, reaching $6.7 billion, and strong earnings per share growth, indicating operational resilience and effective management in a dynamic market. The company's diversified business model, encompassing electrical and mechanical construction, building services, and industrial services, largely contributed to this performance. While the overall financial health appears robust, investors should note segment-specific challenges, particularly in the United States industrial services segment impacted by refinery strikes and volatility in oil prices, and the United States electrical construction segment facing losses on transportation projects. EMCOR continues to focus on strategic growth through acquisitions, as evidenced by three acquisitions in 2015, while also managing its backlog and operational efficiency. The company maintained its quarterly dividend, signaling confidence in its financial stability and commitment to shareholder returns.

EMCOR Group, Inc. Annual Report, Year Ended Dec 31, 2014

Feb 26, 2015

EMCOR Group, Inc. reported 2014 revenues of $6.4 billion, a 1.4% increase from the previous year, driven by growth in its United States industrial services and United Kingdom building services segments, partially offset by declines in other segments. The company's strategic withdrawal from the UK construction market, completed in Q3 2014, is now fully reflected as discontinued operations. Operating income saw a significant improvement, rising to $290 million from $240 million in 2013, with an improved operating margin of 4.5% compared to 3.8%. This growth was supported by a $11.7 million gain on the sale of a building and better operating performance across most segments, although the US electrical construction segment experienced a slight decline in operating income and margin. The company also managed its backlog effectively, increasing it to $3.63 billion from $3.34 billion, indicating strong future revenue potential. EMCOR continued its commitment to shareholder returns by paying quarterly dividends and actively repurchasing shares, demonstrating a focus on financial health and shareholder value.

EMCOR Group, Inc. Annual Report, Year Ended Dec 31, 2013

Feb 25, 2014

EMCOR Group, Inc. reported revenues of approximately $6.4 billion for the fiscal year ending December 31, 2013. The company, a major player in electrical and mechanical construction and facilities services, saw a slight increase in revenue year-over-year, driven in part by acquisitions, notably Repcon Strickland, Inc. (RSI). However, operating income and margins declined due to performance issues at specific projects within the United States mechanical construction segment and restructuring costs in the United Kingdom construction operations. The company strategically decided to exit the UK construction market due to recurring losses. EMCOR maintained a stable backlog of approximately $3.36 billion. The company demonstrated its commitment to returning capital to shareholders by continuing to pay quarterly dividends and announcing an intention to increase the regular quarterly dividend. The acquisition of RSI significantly increased goodwill and identifiable intangible assets on the balance sheet, reflecting the company's growth strategy through acquisitions while also increasing borrowings. Investors should monitor the integration of RSI and the performance of key segments, particularly in light of the ongoing economic uncertainties and competitive landscape.

EMCOR Group, Inc. Annual Report, Year Ended Dec 31, 2012

Feb 26, 2013

EMCOR Group, Inc. reported revenues of $6.35 billion for the fiscal year ending December 31, 2012, a notable increase from $5.61 billion in 2011. This growth was driven by strong performance across its U.S. operations, particularly in mechanical and facilities services, bolstered by strategic acquisitions made in prior years. The company's diversified business model, encompassing both electrical and mechanical construction and extensive facilities services, provides resilience. While the company experienced increased operating income and improved operating margins, it noted continued market competition and a disciplined approach to bidding on projects, prioritizing profitability. Looking ahead, EMCOR's backlog remained stable at $3.37 billion, indicating a solid pipeline of future work. The company's financial position appears stable, supported by positive net cash from operations and a revolving credit facility. Investors should note EMCOR's commitment to returning capital to shareholders, evidenced by its increased quarterly dividend. Key areas for investor focus include managing the inherent cyclicality of the construction market, navigating competitive pressures, and integrating recent acquisitions to drive future growth and profitability.

EMCOR Group, Inc. Annual Report, Year Ended Dec 31, 2011

Feb 27, 2012

EMCOR Group, Inc. operates as a leading provider of electrical and mechanical construction and facilities services across the United States and the United Kingdom. For the fiscal year ended December 31, 2011, the company reported revenues of $5.6 billion, a notable increase from the prior year, driven by strategic acquisitions and growth in its United States facilities services segment, particularly in refinery and petrochemical markets. Despite facing a challenging economic environment characterized by competitive pricing, EMCOR demonstrated resilience by increasing operating income year-over-year, largely due to improved performance in its electrical construction and facilities services segment and the positive impact of acquired businesses. The company also successfully navigated its operations by selling its Canadian subsidiary and focusing on integrating new acquisitions. EMCOR's management remains focused on executing its growth strategy, managing costs, and maintaining strong customer relationships.

EMCOR Group, Inc. Annual Report, Year Ended Dec 31, 2010

Feb 25, 2011

EMCOR Group, Inc.'s 2010 Form 10-K reveals a challenging year marked by a significant net loss and a substantial goodwill and intangible asset impairment charge. The company experienced a revenue decline compared to the prior year, primarily driven by the ongoing economic slowdown impacting demand for construction services across its segments. Despite efforts to manage costs, including staff reductions and reduced discretionary spending, the company's operating results were negatively affected by lower margins on new work and project write-downs in its Canadian operations. Key financial highlights include a significant non-cash impairment charge of $246.1 million, primarily impacting the United States facilities services segment, which led to an overall net loss for the year. The company's backlog saw a modest increase, suggesting some future revenue potential, but it operates in a highly competitive and cyclical industry. EMCOR's liquidity appears stable, supported by its revolving credit facility, but the company faces ongoing risks related to economic conditions, competition, and its significant unionized workforce.

EMCOR Group, Inc. Annual Report, Year Ended Dec 31, 2009

Feb 25, 2010

EMCOR Group, Inc. reported revenues of $5.55 billion for the year ended December 31, 2009, a decrease of 18.2% from $6.79 billion in 2008. This decline was primarily attributed to the economic slowdown impacting construction project demand and tightening credit markets, which affected various segments of the business, including domestic commercial and hospitality projects, and international operations. The company also noted unfavorable exchange rate effects. Despite the revenue decrease, EMCOR managed to improve its gross profit margin to 14.9% in 2009 from 13.1% in 2008, and its operating margin increased to 4.7% from 4.5%. This improvement was driven by better performance in domestic construction segments, favorable project resolutions, and cost control measures. Net income attributable to EMCOR decreased to $160.8 million ($2.38 per diluted share) in 2009 from $182.2 million ($2.71 per diluted share) in 2008. The company incurred a $13.5 million non-cash impairment charge related to trade names and customer relationships. EMCOR ended the year with a strong cash position and a reduced debt load, demonstrating a commitment to financial stability amidst economic challenges. The company's backlog also saw a reduction, signaling continued caution in the construction market.

EMCOR Group, Inc. Annual Report, Year Ended Dec 31, 2008

Feb 26, 2009

EMCOR Group, Inc. filed its 2008 annual report on Form 10-K on February 26, 2009. The report details the company's performance and financial condition as of December 31, 2008. EMCOR, a leading provider of electrical and mechanical construction and facilities services, reported a significant increase in revenues and profitability in 2008 compared to the previous year. This growth was driven by a combination of organic growth in key markets like healthcare and hospitality, successful integration of recent acquisitions, and strong performance in its U.S. facilities services segment, particularly with government contracts. Despite the overall positive financial performance, the report highlights several risk factors, including the ongoing economic downturn's impact on construction demand and potential credit market instability. The company also experienced some negative impacts in 2008, such as losses at a specific subsidiary, legal settlement expenses, and an impairment charge on an investment. However, EMCOR's diversified business model, with a substantial facilities services component that is less cyclical than construction, provides a degree of resilience. The company ended the year with a strong cash position and a manageable debt level, indicating a solid financial footing despite prevailing economic headwinds.

EMCOR Group, Inc. Annual Report, Year Ended Dec 31, 2007

Feb 21, 2008

EMCOR Group, Inc. reported strong financial performance in 2007, with record highs in revenues, operating income, and net income. The company, a leading provider of electrical and mechanical construction and facilities services, saw a significant increase in revenue driven by growth in various US construction markets, strategic acquisitions, and increased demand for maintenance and retrofit work. The company's diversification into facilities services, which are generally less cyclical than construction, contributed to stability. While the company experienced an operational loss in its UK segment, overall profitability improved substantially. EMCOR's backlog also saw a healthy increase, indicating positive future demand. The company's financial position was strengthened by significant investments in acquisitions, financed partially through new term loan debt. Investors should note the company's ongoing focus on expanding its facilities services and the impact of acquisitions on its goodwill and intangible assets.

EMCOR Group, Inc. Annual Report, Year Ended Dec 31, 2006

Feb 22, 2007

EMCOR Group, Inc. reported substantial revenue growth in 2006, reaching $5.0 billion, up from $4.7 billion in the prior year, driven by a strong commercial construction market and increased demand for facilities services. The company experienced a significant improvement in profitability, with operating income increasing to $118.0 million from $80.9 million in 2005, reflecting better performance across its segments, particularly in the United States mechanical construction and facilities services division. EMCOR also saw a substantial increase in its backlog to an all-time high of $3.5 billion, indicating strong future revenue potential. The company continued to strengthen its balance sheet, ending the year with a healthy cash and cash equivalents balance of $273.7 million. However, investors should note potential risks, including economic downturns impacting demand, commodity price fluctuations, intense industry competition, and the company's reliance on fixed-price contracts, which can lead to reduced profitability if costs are not accurately estimated. The company also faces ongoing legal proceedings that could impact results.

EMCOR Group, Inc. Annual Report, Year Ended Dec 31, 2005

Feb 23, 2006

EMCOR Group, Inc. is a leading provider of mechanical and electrical construction and facilities services across the US, Canada, and UK. For the fiscal year ended December 31, 2005, the company reported revenues of approximately $4.7 billion, consistent with the prior year, but demonstrated significant operational improvement. Operating income surged by 92.2% to $81.1 million, driven by better performance in its US and UK construction segments, increased availability of higher-margin discretionary projects, and favorable tax adjustments. The company also significantly improved its cash flow from operations, enabling it to reduce its working capital credit line borrowings to zero by year-end 2005, a marked improvement from $80 million in the previous year. While the company's overall revenue remained stable, the shift towards higher-margin work and improved operational efficiency are key takeaways for investors. The company also highlighted its strategic focus on its facilities services business, which is seen as less cyclical than its construction operations, providing a more predictable revenue stream. Investors should note the company's significant backlog of $2.76 billion at the end of 2005, indicating a solid pipeline of future work. However, potential risks include economic downturns affecting project demand, material price fluctuations, and competitive pressures.

EMCOR Group, Inc. Annual Report, Year Ended Dec 31, 2004

Mar 9, 2005

EMCOR Group, Inc. reported revenues of $4.75 billion for the year ended December 31, 2004. The company experienced a net income of $33.2 million, a notable increase from the previous year's $20.6 million, with diluted earnings per share rising to $2.13 from $1.33 in 2003. This improvement was driven by better performance in the UK operations and increased gross profits in specific US segments, partially offset by challenges in certain mechanical and Canadian construction segments. The company is focusing on controlling operating expenses, growing its facilities services contracts, and strategically bidding on new work. EMCOR operates a diversified business model, providing both mechanical and electrical construction services, as well as comprehensive facilities services, across the United States, Canada, and the United Kingdom. The company's strategic initiatives, including management changes and a curtailment in bidding for public sector work, are aimed at improving profitability and positioning for future growth. Investors should note the company's significant backlog of approximately $2.8 billion at the end of 2004, which is expected to impact 2005 revenues.

EMCOR Group, Inc. Annual Report, Year Ended Dec 31, 2003

Feb 26, 2004

EMCOR Group, Inc. reported revenues of $4.53 billion for the year ended December 31, 2003, a notable increase from $3.97 billion in 2002. However, net income saw a significant decline, falling to $20.6 million in 2003 from $62.9 million in 2002, resulting in diluted earnings per share of $1.33, down from $4.07. This performance was impacted by unfavorable market conditions in the United States, including increased competition and a shift towards lower-margin public sector work, as well as poor performance in the United Kingdom construction operations. The company continues its strategy of expanding its facilities services segment, which is considered less cyclical than its construction business. EMCOR also made significant acquisitions in 2002, including Comfort Systems USA and Consolidated Engineering Services, Inc., which contributed to revenue growth but also increased goodwill on the balance sheet.

EMCOR Group, Inc. Annual Report (Amendment), Year Ended Dec 31, 2002

Mar 27, 2003

This filing is an amendment to EMCOR Group, Inc.'s (EME) 2002 Form 10-K, specifically amending the cover page. Therefore, it does not introduce new operational or financial data beyond what was originally reported for the fiscal year ended December 31, 2002. Investors should refer to the original 10-K filing for detailed financial performance, risk factors, and management discussion. The amendment confirms that EMCOR was an accelerated filer as of the reporting date and provides details on its market capitalization and outstanding shares as of early 2003.

EMCOR Group, Inc. Annual Report (Amendment), Year Ended Dec 31, 2002

Mar 6, 2003

EMCOR Group, Inc. (EME) filed an amendment to its 2002 Form 10-K on March 6, 2003, primarily to correct the number of outstanding common shares and to note incorporated documents. The filing confirms that the company met all reporting requirements for the preceding 12 months and the past 90 days, and is an "accelerated filer." The aggregate market value of its non-affiliate shares as of December 31, 2002, was approximately $790 million, with 14,924,877 shares outstanding as of February 19, 2003. This amendment focuses on procedural corrections rather than new financial disclosures. Investors should note the company's adherence to SEC filing standards and its status as an established, publicly traded entity. The information regarding outstanding shares and market capitalization provides a snapshot of the company's size and structure at the close of 2002. For detailed financial performance and operational insights, investors would need to refer to the original Form 10-K filing for the fiscal year ended December 31, 2002, or subsequent filings.

EMCOR Group, Inc. Annual Report, Year Ended Dec 31, 2002

Feb 26, 2003

EMCOR Group, Inc. reported strong revenue growth and improved profitability for the fiscal year ended December 31, 2002. Revenues increased by 16.0% to $3.97 billion, driven by strategic acquisitions and organic growth across its key segments, particularly in U.S. mechanical construction and facilities services. Net income saw a significant rise of 25.8% to $62.9 million, translating to a diluted EPS of $4.07, up from $3.40 in the prior year. The company's strategic focus on diversifying its service offerings and geographic presence, including the recent acquisitions of Acquired Comfort Companies and CES, positions it well for continued expansion. The company's backlog also grew to $2.9 billion, indicating a healthy pipeline of future work. EMCOR continues to emphasize its integrated approach, offering both mechanical and electrical construction alongside facilities services, which provides a competitive advantage and a more stable, less cyclical revenue stream. While facing some legal proceedings and market competition, EMCOR appears financially sound, with a strengthened balance sheet and robust operating cash flow supporting its growth initiatives.

EMCOR Group, Inc. Annual Report (Amendment), Year Ended Dec 31, 2001

Apr 26, 2002

This filing is an amendment to EMCOR Group, Inc.'s 2001 Annual Report (Form 10-K). It primarily details executive compensation, director information, and security ownership as of April 26, 2002, for the fiscal year ending December 31, 2001. The executive compensation section provides a detailed breakdown of salaries, bonuses, and long-term incentive awards for the top executives, including Chairman and CEO Frank T. MacInnis and President and COO Jeffrey M. Levy. Key information for investors includes the employment agreements for named executive officers, which extend through 2004 and outline base salaries, bonus structures, and stock option grants. The report also details director compensation and the stock ownership of significant shareholders and company management. It highlights related-party transactions, including brokerage services provided by a firm associated with director Albert Fried, Jr., and subcontractor work performed for a company owned by CEO Frank T. MacInnis.

EMCOR Group, Inc. Annual Report, Year Ended Dec 31, 2001

Feb 21, 2002

EMCOR Group, Inc.'s 2001 10-K report details a company with significant scale in mechanical and electrical construction and facilities services. The company generated over $3.4 billion in revenue, operating through approximately 51 subsidiaries across the US, Canada, and the UK. A substantial portion of revenue, 54%, came from renovation, retrofit, and facilities services, indicating a focus beyond new construction. The company highlighted consistent revenue growth (15.7% CAGR) and even more impressive EBITDA growth (30.8% CAGR) from 1998-2001, signaling strong operational performance leading up to this filing. Financially, EMCOR demonstrated growth in net income and diluted EPS in 2001 compared to 2000. The company also noted a substantial increase in backlog to $2.4 billion at the end of 2001, suggesting a positive outlook for future revenue. However, investors should note the company did not pay dividends and had no immediate plans to do so. A significant subsequent event disclosed was the agreement to acquire 19 subsidiaries from Comfort Systems USA, Inc. for $186.25 million, indicating a strategic move for expansion and market consolidation.

EMCOR Group, Inc. Annual Report (Amendment), Year Ended Dec 31, 2000

Apr 30, 2001

EMCOR Group, Inc. filed its Annual Report (10-K/A) for the fiscal year ended December 31, 2000, on April 30, 2001. The filing provides detailed information on executive compensation, director compensation, and security ownership. Notably, the report highlights executive employment agreements with significant severance provisions, particularly in the event of a change of control, and details stock option grants and holdings for key management personnel. The company appears to be in compliance with Section 16(a) reporting requirements, with all filings made timely for the fiscal year 2000. Investors should pay close attention to the executive compensation structure, which includes base salaries, bonuses, and stock options, designed to attract, motivate, and retain key talent. The substantial severance packages offered, especially under change of control scenarios, suggest a focus on executive retention and stability. Furthermore, the ownership section reveals significant stakes held by institutional investors and insiders, which can be indicative of market sentiment and corporate governance.

EMCOR Group, Inc. Annual Report, Year Ended Dec 31, 2000

Feb 20, 2001

EMCOR Group, Inc. Annual Report (Amendment), Year Ended Dec 31, 1999

Apr 28, 2000

This 10-K/A filing from EMCOR Group, Inc. for the period ending December 31, 1999, provides an amended annual report. As this is an amended filing, it suggests that the original filing may have contained errors or omissions that needed correction. Investors should pay close attention to the nature of these amendments to understand any potential impact on the company's financial position or operational disclosures. The filing date of April 28, 2000, places it within a period of economic growth and increasing infrastructure investment, which could be relevant to EMCOR's business operations. Without access to the specific content of the amended financial statements and disclosures within the 10-K/A, it is difficult to provide detailed insights. However, investors should look for information regarding revenue, net income, backlog, segment performance, debt levels, and any significant changes or explanations provided in the amendments. The purpose of an amendment is often to clarify or correct material information, making it crucial for investors to understand what was changed and why.

EMCOR Group, Inc. Annual Report, Year Ended Dec 31, 1999

Feb 23, 2000

EMCOR Group, Inc. filed its Annual Report on Form 10-K on February 23, 2000, for the fiscal year ending December 31, 1999. The filing provides a comprehensive overview of the company's financial performance, operational segments, and strategic positioning within the building infrastructure and services industry. Investors can gain insights into EMCOR's revenue streams, profitability, market presence, and future growth strategies. Key areas of focus for investors would include the company's diversified service offerings, which span across mechanical, electrical, and other construction and facilities services. The report details the company's approach to market expansion, operational efficiency, and managing a decentralized business model through its various operating units. Understanding these elements is crucial for assessing the company's ability to generate sustainable returns and navigate the competitive landscape.

EMCOR Group, Inc. Annual Report (Amendment), Year Ended Dec 31, 1998

Apr 30, 1999

EMCOR Group, Inc. filed its 10-K Annual Report on April 30, 1999, detailing its financial performance and operational status for the period ending December 31, 1998. As a diversified company providing specialized construction, energy, and facilities services, investors should focus on its revenue streams, profitability drivers, and any indications of growth or challenges within its various market segments. The filing provides a comprehensive overview of the company's financial health, management's discussion and analysis, and risk factors, offering crucial insights for evaluating its investment potential at that time. Key areas of interest for investors would include the company's backlog of projects, its ability to manage costs and execute contracts efficiently, and its strategic positioning within the competitive landscape of the construction and facilities services industries. Understanding the breakdown of revenues by segment and geographic region, as well as the profitability of each, is essential for assessing the sustainability of its earnings and future growth prospects. Any significant acquisitions, divestitures, or capital expenditures mentioned would also warrant close attention.

EMCOR Group, Inc. Annual Report, Year Ended Dec 31, 1996

Mar 3, 1997

This 10-K filing from EMCOR Group, Inc. for the period ending December 31, 1996, provides a snapshot of the company's financial performance and strategic positioning as it entered 1997. As a relatively new public company at the time, the filing is crucial for understanding its foundational operations and growth strategy. Investors should pay close attention to the company's revenue streams, particularly the breakdown by segment and geographic region, as well as any significant acquisitions or divestitures that shaped its business during the reported period. The filing will also detail the company's financial health, including its balance sheet, income statement, and cash flow statement. Key areas of focus for investors will be profitability margins, debt levels, and cash generation capabilities. Any discussions regarding future outlook, potential risks, and management's strategies for growth and operational efficiency are vital for assessing the company's long-term investment potential.

EMCOR Group, Inc. Annual Report (Amendment), Year Ended Dec 31, 1995

May 6, 1996

This 10-K filing from EMCOR Group, Inc. for the fiscal year ending December 31, 1995, represents the company's first annual report as a publicly traded entity following its initial public offering. As a newly public company, the filing provides foundational information on its business operations, financial condition, and risk factors. Investors should pay close attention to the early stages of its growth trajectory, its market positioning within the building infrastructure and services sector, and the competitive landscape it navigated.

EMCOR Group, Inc. Annual Report, Year Ended Dec 31, 1995

Mar 13, 1996

EMCOR Group, Inc.'s 1995 10-K filing, submitted in March 1996, presents the financial performance and operational status of a company in the construction and building services sector. While specific financial figures from this brief directory listing are not detailed, the filing likely outlines the company's revenue streams, cost of operations, and any significant projects or market conditions impacting its business during that fiscal year. Investors would be looking for trends in backlog, project profitability, and potential growth areas within the mechanical, electrical, and plumbing services industries, as well as any significant acquisitions or divestitures that could reshape the company's future. Given the historical context of the mid-1990s, the filing may also touch upon the company's approach to managing economic cycles, labor relations within the construction trades, and its geographic diversification strategies. Understanding EMCOR's competitive positioning and its ability to execute large-scale projects would be key for assessing its long-term value proposition. Investors should pay close attention to any disclosures regarding contracts, liabilities, and future commitments, as these are critical indicators of financial health and operational capacity.