EMCOR Historical Income Statement

EME Stock  USD 356.29  1.05  0.30%   
Historical analysis of EMCOR income statement accounts such as Selling General Administrative of 587.6 M or Total Revenue of 6.3 B can show how well EMCOR Group performed in making a profits. Evaluating EMCOR income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of EMCOR's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining EMCOR Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether EMCOR Group is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EMCOR Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

About EMCOR Income Statement Analysis

EMCOR Group Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to EMCOR shareholders. The income statement also shows EMCOR investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

EMCOR Income Statement Chart

EMCOR Group Income Statement is one of the three primary financial statements used for reporting EMCOR's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of EMCOR Group revenue and expense. EMCOR Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, EMCOR's Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 922 M, whereas Selling General Administrative is forecasted to decline to about 587.6 M.

Total Revenue

Total revenue comprises all receipts EMCOR Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of EMCOR Group minus its cost of goods sold. It is profit before EMCOR operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of EMCOR Group. It is also known as EMCOR overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on EMCOR income statement and is an important metric when analyzing EMCOR Group profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most accounts from EMCOR's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into EMCOR Group current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EMCOR Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
At present, EMCOR's Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 922 M, whereas Selling General Administrative is forecasted to decline to about 587.6 M.
 2021 2022 2023 2024 (projected)
Interest Expense5.1M10.4M17.2M10.5M
Depreciation And Amortization116.1M112.9M119.0M124.9M

EMCOR income statement Correlations

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0.770.160.60.610.790.610.80.810.820.610.770.72-0.170.720.76-0.450.70.84-0.09-0.180.840.350.8
Click cells to compare fundamentals

EMCOR Account Relationship Matchups

EMCOR income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization95.2M106.7M116.1M112.9M119.0M124.9M
Interest Expense11.6M7.5M5.1M10.4M17.2M10.5M
Selling General Administrative893.5M903.6M970.9M1.0B1.2B587.6M
Total Revenue9.2B8.8B9.9B11.1B12.6B6.3B
Gross Profit1.4B1.4B1.5B1.6B2.1B2.2B
Other Operating Expenses8.7B8.3B9.4B10.5B11.7B6.0B
Operating Income460.9M494.8M530.8M564.9M878.1M922.0M
Ebit460.9M494.8M530.8M564.9M878.1M922.0M
Ebitda556.1M601.4M646.9M677.8M997.1M1.0B
Cost Of Revenue7.8B7.4B8.4B9.5B10.5B5.4B
Total Operating Expenses893.5M903.6M970.9M1.0B1.2B1.3B
Income Before Tax450.9M252.3M529.3M558.8M872.9M916.5M
Total Other Income Expense Net(10.0M)(242.5M)(1.5M)(6.1M)(5.3M)(5.5M)
Net Income325.1M132.9M383.5M406.1M633.0M664.6M
Income Tax Expense125.7M119.4M145.6M152.6M239.5M251.5M
Net Income Applicable To Common Shares325.1M132.9M383.5M406.1M467.0M490.4M
Minority Interest646K576K169K0.0(337K)(320.2K)
Net Income From Continuing Ops325.1M132.9M383.7M406.1M548.1M575.5M
Non Recurring59.4M3.2M1.5M235.0M270.2M283.7M
Non Operating Income Net Other2.3M1.5M949K2.8M2.5M1.8M
Tax Provision125.7M119.4M145.6M152.6M207.0M142.7M
Interest Income2.3M1.5M5.1M2.8M15.4M16.2M
Net Interest Income(11.6M)(7.5M)(5.1M)(10.4M)(8.8M)(9.3M)
Reconciled Depreciation92.1M106.7M112.4M108.6M115.8M110.8M

EMCOR Investors Sentiment

The influence of EMCOR's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in EMCOR. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to EMCOR's public news can be used to forecast risks associated with an investment in EMCOR. The trend in average sentiment can be used to explain how an investor holding EMCOR can time the market purely based on public headlines and social activities around EMCOR Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
EMCOR's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for EMCOR's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average EMCOR's news discussions. The higher the estimated score, the more favorable is the investor's outlook on EMCOR.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards EMCOR in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, EMCOR's short interest history, or implied volatility extrapolated from EMCOR options trading.

Pair Trading with EMCOR

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if EMCOR position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in EMCOR will appreciate offsetting losses from the drop in the long position's value.

Moving together with EMCOR Stock

  0.96DY Dycom Industries Financial Report 22nd of May 2024 PairCorr

Moving against EMCOR Stock

  0.83VATE Innovate CorpPairCorr
The ability to find closely correlated positions to EMCOR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EMCOR when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back EMCOR - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling EMCOR Group to buy it.
The correlation of EMCOR is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as EMCOR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EMCOR Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for EMCOR can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether EMCOR Group is a strong investment it is important to analyze EMCOR's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact EMCOR's future performance. For an informed investment choice regarding EMCOR Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EMCOR Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Complementary Tools for EMCOR Stock analysis

When running EMCOR's price analysis, check to measure EMCOR's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EMCOR is operating at the current time. Most of EMCOR's value examination focuses on studying past and present price action to predict the probability of EMCOR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EMCOR's price. Additionally, you may evaluate how the addition of EMCOR to your portfolios can decrease your overall portfolio volatility.
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Is EMCOR's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of EMCOR. If investors know EMCOR will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about EMCOR listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.797
Dividend Share
0.79
Earnings Share
15.14
Revenue Per Share
278.072
Quarterly Revenue Growth
0.187
The market value of EMCOR Group is measured differently than its book value, which is the value of EMCOR that is recorded on the company's balance sheet. Investors also form their own opinion of EMCOR's value that differs from its market value or its book value, called intrinsic value, which is EMCOR's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because EMCOR's market value can be influenced by many factors that don't directly affect EMCOR's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between EMCOR's value and its price as these two are different measures arrived at by different means. Investors typically determine if EMCOR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EMCOR's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.