Company: EME
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000105634-25-000046
Chunk: 61

Company: EMCOR Group, Inc.
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 1
Chunk 61
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, as a result of: (i) fewer active warehousing and distribution projects for some of our e-commerce customers, and (ii) the completion or substantial completion of several tenant fit-out or office projects.

Revenues of our United States building services segment were $793.3 million and $1,535.9 million for the three and six months ended June 30, 2025, respectively, compared to revenues of $781.1 million and $1,562.3 million for the three and six months ended June 30, 2024. This segment’s revenues for the six months ended June 30, 2025 included incremental acquisition contribution of $2.6 million. For both 2025 periods, this segment’s mechanical services division experienced revenue growth from: (a) HVAC project and retrofit work, as demand for these services remained strong, partially as our customers continue to seek ways to improve the energy efficiency of their facilities, (b) service repair and maintenance volumes, given growth in our service contract base, and (c) building automation and controls projects, as we continue to expand our service offerings in this area. Offsetting the strength of the mechanical services division were revenue declines within this segment’s commercial site-based and government site-based services divisions due to the loss of certain facilities maintenance contracts that were not renewed upon rebid in a prior period.

Revenues of our United States industrial services segment for the three months ended June 30, 2025 were $281.1 million, a decrease of $43.0 million compared to revenues of $324.0 million for the three months ended June 30, 2024. Revenues of this segment for the six months ended June 30, 2025 were $640.1 million, a decrease of $38.0 million compared to revenues of $678.1 million for the six months ended June 30, 2024. This segment’s results for the three and six months ended June 30, 2025 included $5.0 million and $19.7 million, respectively, of incremental acquisition revenues. The reduction in this segment’s revenues for both 2025 periods resulted from: (a) its field services division, given: (i) lower turnaround project demand when compared to the prior year, which benefited from scope growth on certain projects and (ii) the completion of a renewable fuel project, which was active throughout 2024, and (b) its shop services division, largely due to fewer new build heat