EMCOR Group Inc (EME)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 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% | 14.78% | 14.75% | 14.85% | 14.84% |
| Operating profit margin | 6.96% | 6.32% | 5.80% | 5.45% | 5.10% | 4.93% | 4.95% | 5.04% | 5.36% | 5.50% | 5.68% | 3.04% | 2.92% | 2.71% | 2.46% | 4.99% | 5.02% | 5.02% | 5.11% | 5.09% |
| Pretax margin | 6.93% | 6.24% | 5.71% | 5.38% | 5.04% | 4.90% | 4.94% | 5.03% | 5.34% | 5.48% | 5.65% | 3.00% | 2.87% | 2.64% | 2.38% | 4.89% | 4.91% | 4.90% | 4.98% | 4.97% |
| Net profit margin | 5.03% | 4.53% | 4.13% | 3.91% | 3.67% | 3.54% | 3.59% | 3.65% | 3.87% | 3.79% | 3.50% | 1.61% | 1.51% | 1.57% | 1.78% | 3.53% | 3.54% | 3.51% | 3.58% | 3.58% |
Emcor Group, Inc. has shown consistent improvement in its profitability ratios over the quarters analyzed. The gross profit margin has gradually increased from 14.48% in Q4 2022 to 16.60% in Q4 2023, indicating efficient cost management and pricing strategies.
The operating profit margin has also steadily improved from 5.10% in Q4 2022 to 6.98% in Q4 2023, suggesting effective control over operating expenses and higher operational efficiency.
Similarly, the pretax margin and net profit margin have both shown positive trends, with pretax margin increasing from 5.04% in Q4 2022 to 6.94% in Q4 2023 and net profit margin rising from 3.67% in Q4 2022 to 5.03% in Q4 2023. This reflects Emcor Group's ability to generate more income relative to its revenue and manage tax obligations efficiently.
Overall, Emcor Group, Inc. has demonstrated a consistent and commendable improvement in its profitability ratios, showcasing effective financial management and operational performance.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 13.25% | 12.27% | 11.49% | 10.99% | 10.22% | 9.76% | 10.07% | 9.82% | 9.75% | 9.92% | 10.20% | 5.29% | 5.07% | 5.01% | 4.84% | 9.61% | 9.54% | 9.96% | 10.19% | 9.99% |
| Return on assets (ROA) | 9.58% | 8.80% | 8.20% | 7.87% | 7.35% | 7.01% | 7.30% | 7.11% | 7.05% | 6.83% | 6.29% | 2.81% | 2.63% | 2.90% | 3.50% | 6.79% | 6.73% | 6.98% | 7.14% | 7.03% |
| Return on total capital | 35.46% | 33.51% | 32.06% | 28.62% | 28.62% | 26.38% | 26.54% | 24.06% | 23.57% | 24.54% | 25.06% | 12.63% | 12.51% | 12.06% | 11.42% | 20.86% | 21.87% | 22.87% | 23.38% | 23.40% |
| Return on equity (ROE) | 25.63% | 24.04% | 22.87% | 21.50% | 20.58% | 20.71% | 19.23% | 17.43% | 17.03% | 16.89% | 15.46% | 6.70% | 6.48% | 6.98% | 8.27% | 16.20% | 15.81% | 16.01% | 16.56% | 16.60% |
Emcor Group, Inc. has demonstrated a positive trend in profitability ratios over the quarters. The firm's Operating Return on Assets (Operating ROA) has consistently increased from 9.76% in Q3 2022 to 13.29% in Q4 2023, indicating efficient management of its assets to generate operating income.
Similarly, Return on Assets (ROA) has also shown improvement, rising from 7.01% in Q3 2022 to 9.58% in Q4 2023. This suggests that Emcor Group has been effectively utilizing its assets to generate profits for the business.
Moreover, the Return on Total Capital has seen a notable increase, reaching 35.48% in Q4 2023 from 23.35% in Q3 2022. This ratio signifies the company's efficiency in generating returns from all capital invested in the business.
Additionally, Return on Equity (ROE) has consistently improved, indicating a higher return for the company's shareholders. Emcor Group's ability to generate a higher return for each unit of equity has been strengthening, with ROE increasing from 17.43% in Q1 2022 to 25.64% in Q4 2023.
Overall, Emcor Group, Inc. has shown positive profitability trends across its key ratios, reflecting efficient management of resources and effective utilization of capital to drive earnings growth.