Company: EME
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0000105634-25-000029
Chunk: 29

Company: EMCOR Group, Inc.
Filing Date: 2025-04-30
Form: 10-Q
Item: Part I, Item 1
Chunk 29
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128,350 9 %1,573,621 1,428,981 Less intersegment revenues(1,019)(1,316)Total segment revenues$1,572,602 $1,427,665  ________(1)Represents those projects which generally are completed within three months or less.   For the three months ended March 31,2025% ofTotal2024% ofTotalUnited States building services:Mechanical services$558,486 75 %$514,148 66 %Commercial site-based services143,309 19 %218,629 28 %Government site-based services40,828 6 %48,383 6 %Total segment revenues$742,623 $781,160 For the three months ended March 31,2025% ofTotal2024% ofTotalUnited States industrial services:Field services$317,667 88 %$309,801 88 %Shop services41,335 12 %44,252 12 %Total segment revenues$359,002 $354,053 Total United States operations$3,762,071 $3,327,589 For the three months ended March 31,2025% ofTotal2024% ofTotalUnited Kingdom building services:Service work$48,031 46 %$49,844 48 %Project work57,270 54 %54,843 52 %Total segment revenues$105,301 $104,687 Consolidated revenues$3,867,372 $3,432,276 

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Table of ContentsEMCOR Group, Inc. and SubsidiariesNotes to Consolidated Financial Statements (Unaudited)

NOTE 3 - Revenue from Contracts with Customers (Continued)Accounts Receivable and Allowance for Credit Losses Accounts receivable are recognized in the period we deliver goods and services to our customers or when our right to consideration is unconditional. The Company maintains an allowance for credit losses to reduce outstanding receivables to their net realizable value. Judgment is required when determining expected credit losses. Estimates of such losses are recorded when we believe a customer, or group of customers, may not be able to meet their financial obligations due to deterioration in financial condition or credit rating. Factors relevant to our assessment include our prior collection history with our customers, the related aging of past due balances, projections of credit losses based on historical trends in