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EMCOR Group, Inc. Reports Record Third Quarter 2026 Results

Business Wire•29/10/2026•07:30 ET
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Key Highlights

  • ➤Q3 revenue $5.54 billion, up 28.8% year-over-year
  • ➤Non-GAAP diluted EPS $9.60, up 46.1% year-over-year
  • ➤2026 revenue guidance raised to $20.6 billion-$21.0 billion
  • ➤2026 non-GAAP diluted EPS guidance raised to $34.50-$35.50
  • ➤RPOs reached $18.57 billion, up 47.2% year-over-year
  • ➤Share repurchase authorization increased by $500 million

Expert Statements

Tony Guzzi, Chairman, President, and Chief Executive Officer of EMCOR

“EMCOR delivered another quarter of exceptional growth, margin performance, operating cash flow, and capital allocation. Our strong revenue growth, coupled with excellent field execution and improved SG&A leverage, resulted in meaningful expansion of our operating margin. We continued to outgrow the broader non-residential construction market, reinforcing the depth of demand for our services.”

Tony Guzzi, Chairman, President, and Chief Executive Officer of EMCOR

“We performed extremely well during the first nine months of 2026, demonstrating the value of our differentiated technical capabilities and strength of our operating model. Our field leaders continued to exhibit discipline and precision while executing some of the industry’s largest and most technically complex projects. The expertise of our foremen, superintendents, project managers, and operating leaders drives safe, reliable execution and supports repeat business with our customers. As we close 2026, we remain well-positioned to capitalize on the long-term demand trends supporting our business, while creating further value for our shareholders.”

Tony Guzzi, Chairman, President, and Chief Executive Officer of EMCOR

“The increase in our share repurchase authorization reflects our strong financial position, confidence in the long-term prospects of our business, and commitment to balanced and disciplined capital allocation. Our capital allocation strategy supports long-term value creation and has provided the foundation for our compounding record of success.”

Operating Income of $545.8 million and Operating Margin of 9.8%

Non-GAAP Operating Income of $579.8 million and Non-GAAP Operating Margin of 10.5%

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