EMCOR Group Debt-to-EBITDA Ratio Growth & History (EME)
EMCOR Group's debt-to-ebitda ratio was 0.25 for fiscal 2025.
View full EMCOR Group company overviewEMCOR Group annual debt-to-ebitda ratio history
| Fiscal year | Period ended | Debt-to-EBITDA ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.25 | 0.01 | +5.84% |
| 2024 | 2024-12-31 | 0.24 | −0.13 | −35.14% |
| 2023 | 2023-12-31 | 0.36 | −0.51 | −58.38% |
| 2022 | 2022-12-31 | 0.87 | −0.06 | −6.30% |
| 2021 | 2021-12-31 | 0.93 | −0.83 | −47.11% |
| 2020 | 2020-12-31 | 1.76 | 0.63 | +56.16% |
| 2019 | 2019-12-31 | 1.13 | 0.46 | +68.65% |
| 2018 | 2018-12-31 | 0.67 | −0.17 | −20.34% |
| 2017 | 2017-12-31 | 0.84 | −0.38 | −31.31% |
| 2016 | 2016-12-31 | 1.22 | 0.25 | +25.63% |
| 2015 | 2015-12-31 | 0.97 | −0.05 | −5.18% |
| 2014 | 2014-12-31 | 1.03 | −0.25 | −19.83% |
| 2013 | 2013-12-31 | 1.28 | 0.75 | +139.70% |
| 2012 | 2012-12-31 | 0.53 | −0.12 | −17.73% |
| 2011 | 2011-12-31 | 0.65 | — | — |
EMCOR Group quarterly debt-to-ebitda ratio
| Fiscal quarter | Period ended | Debt-to-EBITDA ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.26 | −0.15 | −37.61% |
| Q1 2026 | 2026-03-31 | 0.26 | −0.16 | −37.58% |
| Q4 2025 | 2025-12-31 | 0.25 | 0.01 | +5.84% |
| Q3 2025 | 2025-09-30 | 0.25 | −0.02 | −6.91% |
| Q2 2025 | 2025-06-30 | 0.41 | 0.10 | +32.48% |
| Q1 2025 | 2025-03-31 | 0.41 | 0.07 | +22.08% |
| Q4 2024 | 2024-12-31 | 0.24 | −0.13 | −35.14% |
| Q3 2024 | 2024-09-30 | 0.27 | −0.26 | −48.79% |
| Q2 2024 | 2024-06-30 | 0.31 | −0.47 | −60.13% |
| Q1 2024 | 2024-03-31 | 0.34 | −0.62 | −64.63% |
| Q4 2023 | 2023-12-31 | 0.36 | −0.51 | −58.38% |
| Q3 2023 | 2023-09-30 | 0.53 | −0.71 | −57.09% |
| Q2 2023 | 2023-06-30 | 0.78 | −0.20 | −20.18% |
| Q1 2023 | 2023-03-31 | 0.96 | −0.01 | −1.10% |
| Q4 2022 | 2022-12-31 | 0.87 | −0.06 | −6.30% |
| Q3 2022 | 2022-09-30 | 1.24 | 0.26 | +27.08% |
| Q2 2022 | 2022-06-30 | 0.98 | 0.03 | +2.89% |
| Q1 2022 | 2022-03-31 | 0.97 | −0.72 | −42.57% |
| Q4 2021 | 2021-12-31 | 0.93 | −0.83 | −47.11% |
| Q3 2021 | 2021-09-30 | 0.97 | −0.81 | −45.51% |
| Q2 2021 | 2021-06-30 | 0.95 | −1.10 | −53.71% |
| Q1 2021 | 2021-03-31 | 1.69 | 0.22 | +14.74% |
| Q4 2020 | 2020-12-31 | 1.76 | 0.63 | +56.16% |
| Q3 2020 | 2020-09-30 | 1.79 | 0.76 | +73.92% |
| Q2 2020 | 2020-06-30 | 2.05 | 0.95 | +86.02% |
| Q1 2020 | 2020-03-31 | 1.47 | 0.32 | +27.87% |
| Q4 2019 | 2019-12-31 | 1.13 | 0.46 | +68.65% |
| Q3 2019 | 2019-09-30 | 1.03 | 0.22 | +27.38% |
| Q2 2019 | 2019-06-30 | 1.10 | 0.28 | +33.47% |
| Q1 2019 | 2019-03-31 | 1.15 | 0.30 | +35.93% |
| Q4 2018 | 2018-12-31 | 0.67 | −0.17 | −20.34% |
| Q3 2018 | 2018-09-30 | 0.81 | −0.23 | −21.98% |
| Q2 2018 | 2018-06-30 | 0.83 | −0.28 | −25.13% |
| Q1 2018 | 2018-03-31 | 0.85 | −0.27 | −24.12% |
| Q4 2017 | 2017-12-31 | 0.84 | −0.38 | −31.31% |
| Q3 2017 | 2017-09-30 | 1.04 | −0.42 | −29.00% |
| Q2 2017 | 2017-06-30 | 1.10 | −0.45 | −28.77% |
| Q1 2017 | 2017-03-31 | 1.12 | 0.16 | +16.33% |
| Q4 2016 | 2016-12-31 | 1.22 | 0.25 | +25.63% |
| Q3 2016 | 2016-09-30 | 1.46 | 0.43 | +42.05% |
| Q2 2016 | 2016-06-30 | 1.55 | 0.52 | +50.62% |
| Q1 2016 | 2016-03-31 | 0.96 | −0.11 | −9.93% |
| Q4 2015 | 2015-12-31 | 0.97 | −0.05 | −5.18% |
| Q3 2015 | 2015-09-30 | 1.03 | 0.07 | +7.08% |
| Q2 2015 | 2015-06-30 | 1.03 | 0.01 | +0.73% |
| Q1 2015 | 2015-03-31 | 1.07 | −0.09 | −8.14% |
| Q4 2014 | 2014-12-31 | 1.03 | −0.25 | −19.83% |
| Q3 2014 | 2014-09-30 | 0.96 | −0.55 | −36.56% |
| Q2 2014 | 2014-06-30 | 1.02 | 0.46 | +81.62% |
| Q1 2014 | 2014-03-31 | 1.16 | 0.64 | +121.55% |
| Q4 2013 | 2013-12-31 | 1.28 | 0.75 | +139.70% |
| Q3 2013 | 2013-09-30 | 1.51 | 0.93 | +158.69% |
| Q2 2013 | 2013-06-30 | 0.56 | −0.05 | −8.13% |
| Q1 2013 | 2013-03-31 | 0.52 | −0.11 | −17.61% |
| Q4 2012 | 2012-12-31 | 0.53 | −0.12 | −17.73% |
| Q3 2012 | 2012-09-30 | 0.58 | −0.04 | −6.16% |
| Q2 2012 | 2012-06-30 | 0.61 | −8.51 | −93.30% |
| Q1 2012 | 2012-03-31 | 0.64 | — | — |
| Q4 2011 | 2011-12-31 | 0.65 | — | — |
| Q3 2011 | 2011-09-30 | 0.62 | — | — |
| Q2 2011 | 2011-06-30 | 9.13 | — | — |
EMCOR Group debt-to-ebitda ratio trends
Over the last five fiscal years, EMCOR Group's debt-to-ebitda ratio decreased from 1.76 to 0.25, a change of −1.51. The latest reported quarter, Q2 2026, shows 0.26.
What the debt-to-EBITDA ratio means
Debt-to-EBITDA compares interest-bearing debt with operating earnings before interest, taxes, depreciation, and amortization. It is commonly used to assess leverage, but it is generally unsuitable for banks and other financial companies.
How debt-to-EBITDA is calculated
TickerStat divides period-end total debt by annual EBITDA. Quarterly observations use trailing-12-month EBITDA. Periods with zero or negative EBITDA are excluded because the leverage multiple would not be meaningful. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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