EMCOR Group Inc (EME)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,377,382 | 1,270,675 | 1,133,207 | 987,765 | 872,853 | 755,107 | 668,423 | 611,717 | 558,750 | 527,496 | 516,614 | 512,591 | 529,303 | 523,541 | 521,620 | 264,626 | 252,326 | 235,757 | 214,087 | 455,245 |
| 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 |
| Pretax margin | 9.46% | 8.93% | 8.24% | 7.53% | 6.94% | 6.24% | 5.71% | 5.38% | 5.04% | 4.90% | 4.94% | 5.03% | 5.34% | 5.49% | 5.65% | 3.01% | 2.87% | 2.64% | 2.38% | 4.89% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,377,382K ÷ $14,566,120K
= 9.46%
EMCOR Group Inc has exhibited fluctuating pretax margins over the period from March 31, 2020, to December 31, 2024. The pretax margin started at 4.89% in March 2020 and declined to a low of 2.38% by June 2020, reflecting a period of decreased profitability. From September 2020 onwards, the pretax margin began to gradually increase, reaching 5.34% by December 2021.
Throughout 2022 and 2023, EMCOR Group Inc maintained a consistent pretax margin above 5%, indicating improved profitability and operational efficiency. The pretax margin peaked at 9.46% by December 31, 2024, demonstrating strong financial performance and effective cost management strategies during this period.
Overall, the upward trend in pretax margin from 2020 to 2024 suggests that EMCOR Group Inc has been successful in optimizing its pre-tax profitability and enhancing its operational performance over the years.
Peer comparison
Dec 31, 2024