EMCOR Group Inc (EME)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 2,765,051 | 2,625,781 | 2,436,527 | 2,242,586 | 2,089,339 | 1,926,394 | 1,794,153 | 1,687,101 | 1,603,594 | 1,551,836 | 1,519,948 | 1,513,219 | 1,501,737 | 1,482,546 | 1,464,387 | 1,403,394 | 1,395,382 | 1,376,278 | 1,349,081 | 1,380,175 |
| Revenue (ttm) | US$ in thousands | 14,566,120 | 14,235,320 | 13,746,000 | 13,124,720 | 12,582,870 | 12,093,470 | 11,712,230 | 11,374,000 | 11,076,120 | 10,766,490 | 10,461,800 | 10,192,080 | 9,903,580 | 9,544,880 | 9,224,920 | 8,801,270 | 8,797,050 | 8,919,500 | 9,005,530 | 9,315,710 |
| Gross profit margin | 18.98% | 18.45% | 17.73% | 17.09% | 16.60% | 15.93% | 15.32% | 14.83% | 14.48% | 14.41% | 14.53% | 14.85% | 15.16% | 15.53% | 15.87% | 15.95% | 15.86% | 15.43% | 14.98% | 14.82% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,765,051K ÷ $14,566,120K
= 18.98%
The gross profit margin of EMCOR Group Inc has shown fluctuations over the period from March 31, 2020, to December 31, 2024. Starting at 14.82% in March 2020, the gross profit margin increased gradually to reach its peak at 18.98% by December 31, 2024. The margin experienced ups and downs along the way, with some quarters showing slight decreases such as in the second and third quarters of 2022. However, overall, there was an upward trend in the gross profit margin over the period analyzed.
This indicates that EMCOR Group Inc has been able to effectively manage its production costs and pricing strategies to enhance profitability. The increasing trend in the gross profit margin suggests that the company may have implemented cost-saving measures, improved operational efficiency, or successfully negotiated better pricing terms with suppliers and customers. Investors and stakeholders may view this positive trend as a sign of the company's ability to generate profit from its core operations.
Peer comparison
Dec 31, 2024