Emcor Group, Inc. · NYSE:EME
Emcor — Investor Presentation (February 2025)
21 slides from Emcor's investor presentation, Feb 26, 2025
Slide 1: Corporate Overview
EMCOR GROUP, INC. CORPORATEFebruary OVERVIEW 26, 2025 February 26, 2025 1
Slide 2: Forward-Looking Statements and Non-GAAP Financial Disclosures
EMCOR GROUP, INC. February 26, 2025 FORWARD-LOOKING STATEMENTS AND NON-GAAP FINANCIAL DISCLOSURES Forward-Looking Statements This presentation and related materials contain forward-looking statements. Such statements speak only as of the date on the cover of this slide deck, and EMCOR assumes no obl
Slide 3: Key Takeaways
EMCOR GROUP, INC. February 26, 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. February 26, 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, installation
Slide 5: Broad Construction and Services Platform
EMCOR GROUP, INC. February 26, 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 Reven
Slide 6: Well-Positioned to Benefit from Multiple Trends Driving Profitable Organic Growth
EMCOR GROUP, INC. February 26, 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 ✓ S
Slide 7: Well-Positioned to Benefit from Expected Energy Efficiency and Sustainability Trends
EMCOR GROUP, INC. February 26, 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. February 26, 2025 EMCOR’S DIVERSE BUSINESS MIX Broad Construction and Diverse Remaining Performance Services Platform Obligations (RPOs) by Sector ($ Millions) (Unaudited) 2024 Revenue By Segment $11,000 $10,102 $10,000 4% 3% 2% $8,847 3% $9,000 7% 9% $8,000 $7,459 9% 23% $7,000 11
Slide 9: Participating in Diverse and Resilient Sectors
EMCOR GROUP, INC. February 26, 2025 PARTICIPATING IN DIVERSE AND RESILIENT SECTORS Diverse Remaining Performance Obligations (RPOs) +20% CAGR $10.1B 4% Expanded Disclosure 2% Since 2023 3% 7% Warehouses, office, Commercial retail, and Commercial restaurants 9% $4.0B Healthcare Network and Data cente
Slide 10: Local Execution, National Reach
EMCOR GROUP, INC. February 26, 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 Services
Slide 11: Why EMCOR Wins
EMCOR GROUP, INC. February 26, 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 guide
Slide 12: Leader in Virtual Design and Construction and Prefabrication
EMCOR GROUP, INC. February 26, 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 th
Slide 13: Mission First, People Always Culture Guides Our Strategy and Operations
EMCOR GROUP, INC. February 26, 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 transparen
Slide 14: Commitment to Balanced Capital Allocation
EMCOR GROUP, INC. February 26, 2025 COMMITMENT TO BALANCED CAPITAL ALLOCATION Capital Allocation Strategy Capital Allocation by Year (% of total capital allocated) Business Reinvestment 4.9% » Expand prefabrication capacity 24.4% 13.2% Capex » Investments in VDC 36.7% 38.1% technologies, including B
Slide 15: Summary
EMCOR GROUP, INC. February 26, 2025 SUMMARY » Record RPOs of $10.1 billion provide solid near-term line of sight; Remain optimistic about growth prospects and margin profile1 » Continuing to perform well in large sectors with strong demand and long-term secular trends, including Network and Communic
Slide 16: Key Financial Data – Income Statement
EMCOR GROUP, INC. February 26, 2025 KEY FINANCIAL DATA – INCOME STATEMENT ($ Thousands, except per share information) (Unaudited) For the Quarter Ended December 31, Variance 2024 2023 $ % Revenues $ 3,770,019 $ 3,439,221 $ 330,798 9.6% Gross Profit 757,015 617,745 139,270 22.5% 20.1% 18.0% Selling,
Slide 17: Key Financial Data – Income Statement
EMCOR GROUP, INC. February 26, 2025 KEY FINANCIAL DATA – INCOME STATEMENT ($ Thousands, except per share information) For the Year Ended December 31, Variance 2024 2023 $ % Revenues $ 14,566,116 $ 12,582,873 $ 1,983,243 15.8% Gross Profit 2,765,051 2,089,339 675,712 32.3% 19.0% 16.6% Selling, Genera
Slide 18: Key Financial Data – Balance Sheet
EMCOR GROUP, INC. February 26, 2025 KEY FINANCIAL DATA – BALANCE SHEET ($ Thousands) 12/31/24 12/31/23 Cash $ 1,339,550 $ 789,750 Working Capital $ 1,235,326 $ 928,616 Goodwill $ 1,018,415 $ 956,549 Identifiable Intangible Assets, Net $ 648,180 $ 586,032 Total Debt (excludes operating leases) $ 6,09
Slide 19: Key Financial Data – Quarter Segment Detail
EMCOR GROUP, INC. February 26, 2025 KEY FINANCIAL DATA – QUARTER SEGMENT DETAIL ($ Thousands) (Unaudited) For the quarters ended December 31, % of % of 2024 Total 2023 Total Revenues from unrelated entities: United States electrical construction and facilities services $ 933,192 25% $ 763,404 22% Un
Slide 20: Key Financial Data – Annual Segment Detail
EMCOR GROUP, INC. February 26, 2025 KEY FINANCIAL DATA – ANNUAL SEGMENT DETAIL ($ Thousands) For the years ended December 31, % of % of 2024 Total 2023 Total Revenues from unrelated entities: United States electrical construction and facilities services $ 3,342,927 23% $ 2,783,723 22% United States
Slide 21: 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