EMCOR Group Inc (EME)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,344,860 | 875,756 | 564,877 | 530,800 | 494,778 |
| Revenue | US$ in thousands | 14,566,100 | 12,582,900 | 11,076,100 | 9,903,580 | 8,797,060 |
| Operating profit margin | 9.23% | 6.96% | 5.10% | 5.36% | 5.62% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,344,860K ÷ $14,566,100K
= 9.23%
Based on the data provided, EMCOR Group Inc's operating profit margin has fluctuated over the past five years. The operating profit margin decreased from 5.62% as of December 31, 2020, to 5.36% as of December 31, 2021, and further dropped to 5.10% as of December 31, 2022. However, there was a notable improvement in the operating profit margin to 6.96% as of December 31, 2023, and a significant increase to 9.23% as of December 31, 2024.
These trends suggest that EMCOR Group Inc has experienced challenges in maintaining a consistent operating profit margin in the earlier years, possibly due to various operational or economic factors. The subsequent improvements in 2023 and 2024 indicate that the company may have implemented strategies to enhance profitability and efficiency in its operations. The increasing trend in the operating profit margin over the last two years is a positive signal of the company's ability to generate more profit from its core business activities.
Peer comparison
Dec 31, 2024