Emcor (EME) filed its fiscal year 2024 10-K annual report with the SEC on Feb 26, 2025. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.
AI Filing AnalysisFY2024 10-K
Business Overview
- • Core business model: Facilities services and construction solutions across multiple market sectors
- • Emphasis on U.S. construction segments with improved operating performance driving margin up to 9.2% from 7.0% in prior year
Management Discussion & Analysis
- • Operating cash flow $1,407.9M in 2024 vs $899.7M in 2023, up $508.2M due to improved operating performance and customer cash receipt timing
- • Investing cash outflow increased by $138.0M in 2024 vs 2023, mainly from higher acquisition payments
Risk Factors
- • Macroeconomic risk from elevated interest rates impacting variable-rate debt and increasing interest expense, following 2022-2023 rate hikes by the Federal Reserve
- • Economic downturn risk with client project delays or cancellations in private sector work during slow growth or recessions, reducing revenue and profitability
Financial SummaryXBRL
Revenue
$14.6B
Net Income
$1.0B
Gross Margin
19.0%
Operating Margin
9.2%
Net Margin
6.9%
ROE
34.3%
Total Assets
$7.7B
EPS (Diluted)
$21.52
Operating Cash Flow
$1.4B
Source: XBRL data from Emcor FY2024 10-K filing on SEC EDGAR. All figures in USD.
Other Emcor Annual Reports
Get deeper insights on Emcor
Access full AI analysis, insider trading data, fund holdings, and cross-signal detection on SignalX.