EMCOR Group Inc (EME)

Current ratio

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Total current assets	US$ in thousands	5,389,190	4,446,970	3,461,970	3,390,990	3,120,940
Total current liabilities	US$ in thousands	4,153,860	3,518,360	2,753,520	2,361,730	2,163,230
Current ratio		1.30	1.26	1.26	1.44	1.44

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $5,389,190K ÷ $4,153,860K
= 1.30

The current ratio for EMCOR Group Inc has remained relatively stable over the past five years, hovering around the range of 1.26 to 1.44. This indicates that the company has generally maintained a sufficient level of current assets to cover its short-term obligations. However, the slight decrease from 1.44 in 2021 to 1.26 in 2022 and 2023, followed by a slight improvement to 1.30 in 2024, may warrant further investigation into the company's liquidity management and ability to meet its short-term financial commitments.

Peer comparison

Dec 31, 2024

Company name

Symbol

Current ratio

EMCOR Group Inc

EME

1.30

Comfort Systems USA Inc