Emcor Group, Inc. · NYSE:EME
Emcor — Morgan Stanley 13th Annual Laguna Conference 2025
22 slides from Emcor's conference presentation, Sep 12, 2025
Slide 1: Morgan Stanley 13th Annual Laguna Conference Corporate Overview
EMCOR GROUP, INC. September 12, 2025 V2 – 7/27/25 6:25 pm Morgan Stanley 13th Annual Laguna Conference Corporate Overview September July 31, 2025 12, 2025 Dana Point, California 1
Slide 2: Forward-Looking Statements and Non-GAAP Financial Disclosures
EMCOR GROUP, INC. September 12, 2025 FORWARD-LOOKING STATEMENTS AND NON-GAAP FINANCIAL DISCLOSURES Forward-Looking Statements This presentation contains forward-looking statements. Such statements speak only as of the date on the cover of this slide deck, and EMCOR assumes no obligation to update an
Slide 3: Key Takeaways
EMCOR GROUP, INC. September 12, 2025 KEY TAKEAWAYS EMCOR installs, services, operates, maintains, and protects complex and dynamic systems and critical 1 infrastructure for facilities in multiple growth sectors of the economy Expertise in managing skilled trade labor performing complex installations
Slide 4: EMCOR at a Glance
EMCOR GROUP, INC. September 12, 2025 EMCOR AT A GLANCE » A Fortune 500® company, EMCOR Group, Inc. (NYSE: EME) is Key Highlights a leader in mechanical and electrical construction, industrial and energy infrastructure, and building services » Service offerings specialize in the planning, installatio
Slide 5: Broad Construction and Services Platform
EMCOR GROUP, INC. September 12, 2025 BROAD CONSTRUCTION AND SERVICES PLATFORM Construction Services Mechanical Electrical Selected Areas of Expertise Mechanical and electrical contractors with decades of experience in multiple U.S. sectors ~67% HVAC High / Low Fire Lighting and Plumbing of 2024 Reve
Slide 6: Well-Positioned to Benefit from Multiple Trends Driving Profitable Organic Growth
EMCOR GROUP, INC. September 12, 2025 WELL-POSITIONED TO BENEFIT FROM MULTIPLE TRENDS DRIVING PROFITABLE ORGANIC GROWTH Data Centers Re-Shoring Electrification Energy Efficiency and and and and Connectivity Nearshoring EV Value Chain Sustainability ✓ Continued ✓ Critical supply ✓ Energy transition ✓
Slide 7: Well-Positioned to Benefit from Expected Energy Efficiency and Sustainability Trends
EMCOR GROUP, INC. September 12, 2025 WELL-POSITIONED TO BENEFIT FROM EXPECTED ENERGY EFFICIENCY AND SUSTAINABILITY TRENDS » Strong demand expected in HVAC and lighting retrofit, building automation and control services that improve building efficiency, energy consumption, and indoor air quality (IAQ
Slide 8: EMCOR's Diverse Business Mix
EMCOR GROUP, INC. September 12, 2025 EMCOR’S DIVERSE BUSINESS MIX Broad Construction and Diverse Remaining Performance Services Platform Obligations (RPOs) by Sector1 ($ Millions) (Unaudited) 2024 Revenue By Segment $13,000 $11,914 $12,000 4% 3% $11,000 3% 2% $10,102 6% $10,000 9% $8,999 9% 23% $9,0
Slide 9: Participating in Diverse and Resilient Sectors
EMCOR GROUP, INC. September 12, 2025 PARTICIPATING IN DIVERSE AND RESILIENT SECTORS Diverse Remaining Performance Obligations (RPOs) +22% CAGR $11.9B1 Expanded Disclosure 4% Since 2023 3% 2% Warehouses, office, 6% Commercial retail, and Commercial restaurants 9% $4.0B 12% Healthcare Network and Data
Slide 10: Local Execution, National Reach
EMCOR GROUP, INC. September 12, 2025 LOCAL EXECUTION, NATIONAL REACH Strategic Locations in Key Geographies UK ~420 U.S. Locations Corporate Headquarters ~100 Construction Services Operating Subsidiaries Building Services Industrial Services Construction Services Building Services Industrial Service
Slide 11: Why EMCOR Wins
EMCOR GROUP, INC. September 12, 2025 WHY EMCOR WINS People and Talent Technology Differentiation Focus on our people and talent Investments in Virtual Design and are foundational to our success. Construction (VDC) and Our “Mission First, People prefabrication capabilities create Always” mindset guid
Slide 12: Leader in Virtual Design and Construction and Prefabrication
EMCOR GROUP, INC. September 12, 2025 LEADER IN VIRTUAL DESIGN AND CONSTRUCTION AND PREFABRICATION Virtual Design and Construction (VDC) Prefabrication » One of the most valuable digital tools available to » By using VDC and BIM, EMCOR companies utilize specialty contractors today prefabrication in t
Slide 13: Mission First, People Always Culture Guides Our Strategy and Operations
EMCOR GROUP, INC. September 12, 2025 MISSION FIRST, PEOPLE ALWAYS CULTURE GUIDES OUR STRATEGY AND OPERATIONS Our People Sustainability » Foundational focus on our workforce and culture » We are committed to strong sustainability that values integrity, discipline, practices and strive to be transpare
Slide 14: Commitment to Balanced Capital Allocation
EMCOR GROUP, INC. September 12, 2025 COMMITMENT TO BALANCED CAPITAL ALLOCATION Capital Allocation Strategy Capital Allocation by Year (% of total capital allocated) Business Reinvestment » Expand prefabrication capacity Capex » Investments in VDC technologies, including BIM, automation, and robotics
Slide 15: 2025 Summary
EMCOR GROUP, INC. September 12, 2025 2025 SUMMARY » Record RPOs of $11.91 billion and healthy project pipeline1 » Our operating teams continue to execute and deliver for our customers on complex and difficult projects » Continue to execute well in large, diverse and attractive end markets with stron
Slide 16: Key Financial Data – Income Statement
EMCOR GROUP, INC. September 12, 2025 KEY FINANCIAL DATA – INCOME STATEMENT ($ Thousands, except per share information) (Unaudited) For the Quarter Ended June 30, Variance 2025 2024 $ % Revenues $ 4,304,400 $ 3,666,897 $ 637,503 17.4% Gross Profit 833,771 684,001 149,770 21.9% 19.4% 18.7% Selling, Ge
Slide 17: Key Financial Data – Income Statement
EMCOR GROUP, INC. September 12, 2025 KEY FINANCIAL DATA – INCOME STATEMENT ($ Thousands, except per share information) (Unaudited) For the Six Months Ended June 30, Variance 2025 2024 $ % Revenues $ 8,171,772 $ 7,099,173 $ 1,072,599 15.1% Gross Profit 1,556,489 1,273,310 283,179 22.2% 19.0% 17.9% Se
Slide 18: Key Financial Data – Balance Sheet
EMCOR GROUP, INC. September 12, 2025 KEY FINANCIAL DATA – BALANCE SHEET ($ Thousands) (Unaudited) 06/30/25 12/31/24 Cash $ 485,988 $ 1,339,550 Working Capital $ 782,108 $ 1,235,326 Goodwill $ 1,351,824 $ 1,018,415 Identifiable Intangible Assets, Net $ 1,082,028 $ 648,180 Total Debt (excludes operati
Slide 19: Key Financial Data – Quarter Segment Detail
EMCOR GROUP, INC. September 12, 2025 KEY FINANCIAL DATA – QUARTER SEGMENT DETAIL ($ Thousands, except for percentages) (Unaudited) For the quarters ended June 30, % of % of 2025 Total 2024 Total Revenues from unrelated entities: United States electrical construction and facilities services $ 1,340,2
Slide 20: Key Financial Data – YTD Segment Detail
EMCOR GROUP, INC. September 12, 2025 KEY FINANCIAL DATA – YTD SEGMENT DETAIL ($ Thousands, except for percentages) (Unaudited) For the six months ended June 30, % of % of 2025 Total 2024 Total Revenues from unrelated entities: United States electrical construction and facilities services $ 2,428,091
Slide 21: Appendix – Reconciliation of Non-GAAP Measures
EMCOR GROUP, INC. September 12, 2025 APPENDIX – RECONCILIATION OF NON-GAAP MEASURES ($ Thousands, except for percentages and per share data) (Unaudited) In this presentation, we provide non-GAAP operating income, non-GAAP operating margin, and non-GAAP diluted earnings per common share, for the six
Slide 22: Corporate Headquarters
Corporate Headquarters EMCOR Group, Inc. 301 Merritt Seven Norwalk, CT 06851 USA 203.849.7938 emcor_info@emcor.net emcorgroup.com Andrew G. Backman Vice President, Investor Relations ABackman@emcor.net
EMCOR Group — Morgan Stanley 13th Annual Laguna Conference 2025 on 6ix