Company: EME
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000105634-25-000015
Chunk: 151

Company: EMCOR Group, Inc.
Filing Date: 2025-02-26
Form: 10-K
Item: Item 8
Chunk 151
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 49,289 December 31, 2024December 31, 2023December 31, 2022Total assets:United States electrical construction and facilities services$1,314,577 $1,243,707 $1,078,405 United States mechanical construction and facilities services2,659,184 2,242,833 1,835,001 United States building services1,396,236 1,382,664 1,206,518 United States industrial services606,861 571,658 552,545 Total United States operations5,976,858 5,440,862 4,672,469 United Kingdom building services283,897 277,066 255,547 Corporate administration1,455,718 891,793 596,591 Total assets$7,716,473 $6,609,721 $5,524,607 The following table presents geographical information about certain tangible long-lived assets, including property, plant, and equipment and right-of-use lease assets as of December 31, 2024, 2023, and 2022 (in thousands):December 31, 2024December 31, 2023December 31, 2022Long-lived assets:United States$509,181 $476,595 $411,581 United Kingdom14,436 13,281 14,301 Total long-lived assets$523,617 $489,876 $425,882 

NOTE 19 - SUBSEQUENT EVENTS

On February 3, 2025, we completed the acquisition of Miller Electric Company (“Miller Electric”), a leading electrical contractor operating across the Southeastern United States, for $865 million in cash, subject to customary adjustments. The results of operations of Miller Electric will be included as part of our United States electrical construction and facilities services segment.On February 25, 2025, our Board of Directors authorized an additional $500 million for the repurchase of shares of the Company’s outstanding common stock under our existing share repurchase program.

77

Report of Independent Registered Public Accounting Firm 

To the Stockholders and Board of Directors of EMCOR Group, Inc.

Opinion on the Financial Statements

We have audited the accompanying consolidated balance sheets of EMCOR Group, Inc. and subsidiaries (the Company) as of December 31, 2024 and 2023, the related consolidated statements of