Company: EME
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0000105634-25-000078
Chunk: 18

Company: EMCOR Group, Inc.
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 18
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OLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(In thousands)(Unaudited)        

Three months endedSeptember 30,Nine months endedSeptember 30,2025202420252024Net income$295,373 $270,263 $838,210 $714,984 Other comprehensive (loss) income, net of tax:Foreign currency translation adjustments(4,043)8,933 12,489 7,962 Post-retirement plans, amortization of actuarial loss included in net income (1)511 497 1,494 1,463 Other comprehensive (loss) income(3,532)9,430 13,983 9,425 Comprehensive income$291,841 $279,693 $852,193 $724,409 

_________

(1)Net of tax of $0.2 million for each of the three months ended September 30, 2025 and 2024, and net of tax of $0.5 million for each of the nine months ended September 30, 2025 and 2024.

See Notes to Consolidated Financial Statements.

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Table of Contents

EMCOR Group, Inc. and Subsidiaries

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(In thousands)(Unaudited) 

Nine months endedSeptember 30,20252024Cash flows - operating activities:Net income$838,210 $714,984 Adjustments to reconcile net income to net cash provided by operating activities:Depreciation and amortization49,426 41,799 Amortization of identifiable intangible assets86,967 56,559 Provision for credit losses5,402 12,585 Non-cash share-based compensation expense16,742 16,170 Other reconciling items2,642 (7,893)Changes in operating assets and liabilities, excluding the effect of businesses acquired(221,730)104,198 Net cash provided by operating activities777,659 938,402 Cash flows - investing activities:Payments for acquisitions of businesses, net of cash acquired(900,496)(189,208)Proceeds from sale or disposal of property, plant, and equipment3,608 2,765 Purchases of property, plant, and equipment(80,831)(57,244)Net cash used in investing activities(977,719)(243,