Company: EME
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000105634-25-000015
Chunk: 88

Company: EMCOR Group, Inc.
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 88
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,963 and 14,046,777 shares, respectively(1,852,964)(1,351,381)Total EMCOR Group, Inc. stockholders’ equity2,937,657 2,469,778 Noncontrolling interests1,037 1,037 Total equity2,938,694 2,470,815 Total liabilities and equity$7,716,473 $6,609,721 

The accompanying notes to consolidated financial statements are an integral part of these statements.

37

Table of ContentsEMCOR Group, Inc. and SubsidiariesCONSOLIDATED STATEMENTS OF OPERATIONSFor The Years Ended December 31,(In thousands, except per share data)

202420232022Revenues$14,566,116 $12,582,873 $11,076,120 Cost of sales11,801,065 10,493,534 9,472,526 Gross profit2,765,051 2,089,339 1,603,594 Selling, general and administrative expenses1,420,188 1,211,233 1,038,717 Impairment loss on long-lived assets— 2,350 — Operating income1,344,863 875,756 564,877 Net periodic pension income (cost)894 (1,119)4,311 Interest expense(3,779)(17,199)(13,199)Interest income35,404 15,415 2,761 Income before income taxes1,377,382 872,853 558,750 Income tax provision370,237 239,524 152,628 Net income including noncontrolling interests1,007,145 633,329 406,122 Net income attributable to noncontrolling interests— 335 — Net income attributable to EMCOR Group, Inc.$1,007,145 $632,994 $406,122 Basic earnings per common share$21.61 $13.37 $8.13 Diluted earnings per common share$21.52 $13.31 $8.10 Dividends declared per common share$0.93 $0.69 $0.54 

The accompanying notes to consolidated financial statements are an integral part of these statements.

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Table of Contents

EMCOR Group, Inc. and Subsidiaries