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% | +4.28% |
| 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% | +8.24% |
| 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 | — | — | +7.22% |
| Q3 2010 | 2010-09-30 | $38.4M | −$91.5M | −70.46% | +3.14% |
| Q2 2010 | 2010-06-30 | −$5.5M | — | — | −0.46% |
| Q1 2010 | 2010-03-31 | −$76.6M | — | — | −6.75% |
| 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 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 source filings ↗