EMCOR Group Inc (EME)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,937,660 | 2,469,780 | 1,973,590 | 2,252,390 | 2,052,670 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,937,660K
= 0.00
The debt-to-equity ratio of EMCOR Group Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations and has relied solely on equity to support its assets and activities. A debt-to-equity ratio of 0.00 signifies a conservative financial structure and suggests that the company may have a strong financial position with minimal financial risk associated with debt obligations. It also implies that the company has a lower reliance on external funding sources for its operations and growth initiatives. Overall, EMCOR Group Inc's stable and low debt-to-equity ratio reflects a prudent capital structure strategy.
Peer comparison
Dec 31, 2024