EMCOR Group annual free cash flow
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EMCOR Group Free Cash Flow (FCF) History (EME)
EMCOR Group reported $1.19B in free cash flow for fiscal 2025, a decrease of 10.78% from the previous fiscal year, with a free cash flow margin of 7.00%.
View full EMCOR Group company overviewEMCOR Group free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.19B | −$143.6M | −10.78% | +7.00% |
| 2024 | 2024-12-31 | $1.33B | $511.7M | +62.31% | +9.15% |
| 2023 | 2023-12-31 | $821.3M | $372.6M | +83.05% | +6.53% |
| 2022 | 2022-12-31 | $448.6M | $166.0M | +58.74% | +4.05% |
| 2021 | 2021-12-31 | $282.6M | −$475.8M | −62.73% | +2.85% |
| 2020 | 2020-12-31 | $758.4M | $451.1M | +146.82% | +8.62% |
| 2019 | 2019-12-31 | $307.3M | $79.7M | +35.04% | +3.35% |
| 2018 | 2018-12-31 | $227.5M | −$103.8M | −31.33% | +2.80% |
| 2017 | 2017-12-31 | $331.4M | $108.6M | +48.78% | +4.31% |
| 2016 | 2016-12-31 | $222.7M | −$8.5M | −3.67% | +2.95% |
| 2015 | 2015-12-31 | $231.2M | $22.6M | +10.83% | +3.44% |
| 2014 | 2014-12-31 | $208.6M | $94.0M | +82.09% | +3.25% |
| 2013 | 2013-12-31 | $114.6M | −$32.0M | −21.81% | +1.81% |
| 2012 | 2012-12-31 | $146.5M | $26.7M | +22.27% | +2.37% |
| 2011 | 2011-12-31 | $119.8M | $69.7M | +138.89% | +2.13% |
| 2010 | 2010-12-31 | $50.2M | −$286.5M | −85.10% | +1.03% |
| 2009 | 2009-12-31 | $336.7M | $39.2M | +13.16% | +6.44% |
| 2008 | 2008-12-31 | $297.5M | — | — | +4.38% |
EMCOR Group quarterly free cash flow
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Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $258.2M | $92.6M | +55.88% | +5.01% |
| Q1 2026 | 2026-03-31 | −$28.2M | −$110.5M | — | −0.61% |
| Q4 2025 | 2025-12-31 | $492.5M | $40.7M | +9.01% | +10.91% |
| Q3 2025 | 2025-09-30 | $448.8M | −$59.9M | −11.77% | +10.43% |
| Q2 2025 | 2025-06-30 | $165.6M | −$94.8M | −36.40% | +3.85% |
| Q1 2025 | 2025-03-31 | $82.3M | −$29.6M | −26.47% | +2.13% |
| Q4 2024 | 2024-12-31 | $451.8M | $50.1M | +12.48% | +11.98% |
| Q3 2024 | 2024-09-30 | $508.7M | $267.5M | +110.90% | +13.76% |
| Q2 2024 | 2024-06-30 | $260.4M | −$25.7M | −8.97% | +7.10% |
| Q1 2024 | 2024-03-31 | $112.0M | $219.7M | — | +3.26% |
| Q4 2023 | 2023-12-31 | $401.7M | $152.7M | +61.30% | +11.68% |
| Q3 2023 | 2023-09-30 | $241.2M | −$5.0M | −2.04% | +7.52% |
| Q2 2023 | 2023-06-30 | $286.1M | $225.4M | +371.21% | +9.39% |
| Q1 2023 | 2023-03-31 | −$107.7M | −$422,000 | — | −3.73% |
| Q4 2022 | 2022-12-31 | $249.0M | $54.4M | +27.93% | +8.44% |
| Q3 2022 | 2022-09-30 | $246.2M | $134.5M | +120.46% | +8.71% |
| Q2 2022 | 2022-06-30 | $60.7M | −$12.8M | −17.38% | +2.24% |
| Q1 2022 | 2022-03-31 | −$107.3M | −$10.1M | — | −4.14% |
| Q4 2021 | 2021-12-31 | $194.6M | −$51.1M | −20.80% | +7.37% |
| Q3 2021 | 2021-09-30 | $111.7M | −$150.2M | −57.35% | +4.43% |
| Q2 2021 | 2021-06-30 | $73.5M | −$268.2M | −78.49% | +3.01% |
| Q1 2021 | 2021-03-31 | −$97.2M | −$6.3M | — | −4.22% |
| Q4 2020 | 2020-12-31 | $245.7M | $79.6M | +47.88% | +10.77% |
| Q3 2020 | 2020-09-30 | $261.9M | $56.1M | +27.28% | +11.89% |
| Q2 2020 | 2020-06-30 | $341.6M | $335.7M | +5695.42% | +16.96% |
| Q1 2020 | 2020-03-31 | −$90.8M | −$20.3M | — | −3.95% |
| Q4 2019 | 2019-12-31 | $166.2M | −$24.1M | −12.68% | +6.91% |
| Q3 2019 | 2019-09-30 | $205.7M | $120.0M | +139.85% | +8.99% |
| Q2 2019 | 2019-06-30 | $5.9M | −$11.2M | −65.55% | +0.25% |
| Q1 2019 | 2019-03-31 | −$70.5M | −$4.9M | — | −3.27% |
| Q4 2018 | 2018-12-31 | $190.3M | $71.2M | +59.72% | +8.54% |
| Q3 2018 | 2018-09-30 | $85.8M | −$41.4M | −32.57% | +4.19% |
| Q2 2018 | 2018-06-30 | $17.1M | −$82.4M | −82.80% | +0.88% |
| Q1 2018 | 2018-03-31 | −$65.7M | −$51.2M | — | −3.46% |
| Q4 2017 | 2017-12-31 | $119.2M | −$4.0M | −3.21% | +5.92% |
| Q3 2017 | 2017-09-30 | $127.2M | $56.4M | +79.73% | +6.74% |
| Q2 2017 | 2017-06-30 | $99.5M | $24.5M | +32.61% | +5.25% |
| Q1 2017 | 2017-03-31 | −$14.5M | $31.7M | — | −0.77% |
| Q4 2016 | 2016-12-31 | $123.1M | −$35.4M | −22.32% | +6.31% |
| Q3 2016 | 2016-09-30 | $70.8M | −$23.8M | −25.16% | +3.68% |
| Q2 2016 | 2016-06-30 | $75.0M | $72.1M | +2488.41% | +3.88% |
| Q1 2016 | 2016-03-31 | −$46.2M | −$21.4M | — | −2.65% |
| Q4 2015 | 2015-12-31 | $158.5M | $31.3M | +24.59% | +8.91% |
| Q3 2015 | 2015-09-30 | $94.6M | $36.2M | +62.06% | +5.57% |
| Q2 2015 | 2015-06-30 | $2.9M | −$52.6M | −94.77% | +0.18% |
| Q1 2015 | 2015-03-31 | −$24.8M | $7.6M | — | −1.56% |
| Q4 2014 | 2014-12-31 | $127.2M | $56.7M | +80.35% | +7.42% |
| Q3 2014 | 2014-09-30 | $58.4M | −$52.7M | −47.46% | +3.72% |
| Q2 2014 | 2014-06-30 | $55.5M | $20.4M | +58.09% | +3.57% |
| Q1 2014 | 2014-03-31 | −$32.4M | $69.7M | — | −2.04% |
| Q4 2013 | 2013-12-31 | $70.5M | −$62.3M | −46.91% | +4.40% |
| Q3 2013 | 2013-09-30 | $111.1M | $67.8M | +156.82% | +6.92% |
| Q2 2013 | 2013-06-30 | $35.1M | $23.7M | +208.20% | +2.25% |
| Q1 2013 | 2013-03-31 | −$102.1M | −$61.2M | — | −6.51% |
| Q4 2012 | 2012-12-31 | $132.9M | $52.2M | +64.70% | +9.10% |
| Q3 2012 | 2012-09-30 | $43.2M | −$196,000 | −0.45% | +2.69% |
| Q2 2012 | 2012-06-30 | $11.4M | −$24.0M | −67.82% | +0.72% |
| Q1 2012 | 2012-03-31 | −$41.0M | −$1.3M | — | −2.66% |
| Q4 2011 | 2011-12-31 | $80.7M | −$13.2M | −14.08% | +5.31% |
| Q3 2011 | 2011-09-30 | $43.4M | $5.1M | +13.27% | +2.93% |
| Q2 2011 | 2011-06-30 | $35.4M | $40.9M | — | +2.62% |
| Q1 2011 | 2011-03-31 | −$39.6M | $36.9M | — | −3.13% |
| Q4 2010 | 2010-12-31 | $93.9M | −$35.9M | −27.68% | +8.21% |
| Q3 2010 | 2010-09-30 | $38.4M | — | — | +3.14% |
| Q2 2010 | 2010-06-30 | −$5.5M | — | — | −0.43% |
| Q1 2010 | 2010-03-31 | −$76.6M | — | — | −6.32% |
| Q3 2009 | 2009-09-30 | $129.8M | — | — | +9.46% |
EMCOR Group free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $758.4M to $1.19B, a compound annual growth rate of 9.42%. EMCOR Group's latest reported quarter, Q2 2026, generated $258.2M in free cash flow, an increase of 55.88% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review EMCOR Group filings at SEC.gov ↗