Business Analysis of EMCOR Group

 Analyze Historical Performance, Strategic Priorities, And Business Improvement Opportunities of EMCOR Group

EMCOR GROUP

Business Overview

EMCOR Group, Inc. provides electrical and mechanical construction, and facilities services in the United States. The company designs, integrates, installs, starts-up, operates, and maintains electric power transmission and distribution systems; premises electrical and lighting systems; process instrumentation in the refining, chemical process, food process, and mining industries; low-voltage, voice and data communications, fire protection, water and wastewater treatment, and controls and filtration systems; roadway and transit lighting and fiber-optic lines; heating, ventilation, air conditioning, refrigeration, and clean-room process ventilation systems; plumbing, processing, and piping systems; central plant heating and cooling systems; cranes and rigging; millwrighting; and steel fabrication, erection, and welding. It also offers building services to facilities, such as commercial and government site-based operations and maintenance; reception, security, and catering; outage services to utilities and industrial plants; military base operations support; mobile mechanical maintenance and services; floor care and janitorial; landscaping, lot sweeping, and snow removal; facilities and vendor management; call center; installation and support for building systems; technical consulting and diagnostics; small modification and retrofit; infrastructure and building projects; and program development, management, and maintenance services for energy systems. In addition, the company provides industrial services for refineries and petrochemical plants, such as on-site repair, maintenance, and service of heat exchangers, towers, vessels, and piping; design, manufacture, repair, and hydro blast cleaning of shell and tube heat exchangers and related equipment; refinery turnaround planning and engineering, specialty welding, and specialty technical services; and overhaul and maintenance of process units. The company was founded in 1966 and is headquartered in Norwalk, Connecticut.

EMCOR Group

EMCOR Group


R&P Rank: 363
Sector: Construction and Building Products
Industry:Heavy Construction
H.Q Location:Connecticut
Website: www.emcorgroup.com
Company Address:
301 MERRITT SEVEN CORPORATE PK, 6TH FLOOR, NORWALK CT 06851
Ph:203-849-7800

Business Analysis of EMCOR Group

The Construction and Building Products Sector is witnessing a major shakeup, new age business models in the industry are transforming both customers and businesses. Faced with this uncertainity, companies are investing resources to transform their business. An in-depth business analysis is a valuable resource to identify and articulate the need for a business model change. At R&P Research we believe, the starting point for a business analysis is Benchmarking. Business benchmarking can be done at various levels: 1) Industry Benchmarking 2) Peer Benchmarking 3) Disruptors Benchmarking. In this report, we share the snapshot of how EMCOR Group compares against the industry on the major performance indicators. This analysis, along with peer group/disruptors benchmarking and revenue model understanding can help identify growth and cost optimization opportunities to maximize the value delivered by EMCOR Group to its stakeholders. R&P Research Industry Intelligence Platform provides historical data for last 15 years with an easy to use benchmarking interface for an in-depth comparative business analysis.

Here is the performance snapshot of EMCOR Group with an interactive chart.

  1. Revenue Growth: EMCOR Group reported a revenue growth of 12.4% year-on-year during 2016. Heavy Construction Industry grew at -5.7% in the same period
  2. COGS share of Revenues: As a percentage of revenue, EMCOR Group spent 86.3% of its total revenues on COGS. Heavy Construction industry average (COGS share of revenue) in the same period was 81.6%
  3. R&D share of Revenues: EMCOR Group R&D share of Revenues details are not available because either company does not share the data or we do not have it
  4. SG&A share of Revenues: As a percentage of revenue, EMCOR Group spent 9.6% of its total revenues on Sales, Marketing, and General Administration (SG&A). Heavy Construction industry average SG&A spending in the same period was 9.5%
  5. Inventory share of Revenues: As a percentage of revenue, EMCOR Group spent 0.5% of its total revenues on Inventories. Heavy Construction industry average Inventory spending in the same period was 8.5%
  6. Accounts Payable share of Revenues: As a percentage of revenue, EMCOR Group invested 6.6% of its total revenues on Accounts Payable (A/P) Heavy Construction industry average Accounts Payable investment in the same period was 12.5%
  7. Accounts Receivable share of Revenues: As a percentage of revenue, EMCOR Group invested 21.5% of its total revenues on Accounts Receivable (A/R). Heavy Construction industry average Accounts Receivable investment in the same period was 43.5%
  8. PP&E share of Revenues: As a percentage of revenue, EMCOR Group invested 1.7% of its total revenues on Property, Plants, and Equipments (PP&E). Heavy Construction industry average PPE investment in the same period was 19.0%
  9. Intangibles share of Revenues: As a percentage of revenue, EMCOR Group invested 19.4% of its total revenues on Intangibles. Heavy Construction industry average Intangibles investment in the same period was 22.1%
  10. Net Margins: EMCOR Group Net Margins in the year 2016 were 2.4%. Heavy Construction industry average Net Margins in the same period were 2.1%

Sector and Industry Association of EMCOR Group

For the purpose of performance benchmarking of a company with a sector or industry average, R&P Research associates every company with one sector and one industry. An industry consists of companies with related/similar business models. A sector comprises of a group of related/similar industries. For high-level analysis purposes, related/similar sectors are grouped into sector groups.

EMCOR Group is associated with Industrials Sector Group, Construction and Building Products Sector, and Heavy Construction Industry.

Construction and Building Products sector is comprised of the following industries: Building Materials & Fixtures; Heavy Construction. The definitions for each of the industries is as follows:

  • Building Materials & Fixtures industry includes producers of materials used in the construction and refurbishment of buildings and structures, including cement and other aggregates, wooden beams and frames, paint, glass, roofing and flooring materials other than carpets. Building Materials & Fixtures companies also offer bathroom and kitchen fixtures, plumbing supplies and central air-conditioning and heating equipment.
  • Heavy Construction industry includes companies engaged in the construction of commercial buildings, infrastructure such as roads and bridges, residential apartment buildings, and providers of services to construction companies, such as architects, masons, plumbers and electrical contractors. Heavy Construction companies also offer construction equipment.

Industry Ranking of EMCOR Group

With $7.6 billion revenues, EMCOR Group ranked number 9 of all the companies in the US Heavy Construction industry. There were a total of 40 public companies in the US Heavy Construction industry that had revenues greater than $50 million during 2016.

The top-10 companies in the US Heavy Construction industry by revenues during 2016 were:

  1. Caterpillar ($38.5 billion)
  2. Deere ($26.6 billion)
  3. Fluor Corporation ($19 billion)
  4. AECOM ($17.4 billion)
  5. Ingersoll-Rand ($13.5 billion)
  6. Jacobs Engineering Group ($11 billion)
  7. Chicago Bridge & Iron ($10.7 billion)
  8. Quanta Services ($7.7 billion)
  9. EMCOR Group ($7.6 billion)
  10. MasTec ($5.1 billion)

Business Model Analysis (BMA) Framework

We use the following framework to assess the business model of a company. Business Model Analysis framework can be used by organizations to articulate growth strategies and identify cost optimization opportunities. Technology and consulting companies can use this framework to identify the value drivers and pain points of their targeted customers. Entrepreneurs can use this framework to understand the language of business and identify promising business opportunities. This framework can be used by any professional aspiring to take up a leadership role to better understand the businesses challenges, articulate growth strategy, and monitor the business improvement requirements for the organization.

Next Steps

  • Conduct a holistic benchmarking; to identify and target additional sources of value
  • Get in touch with us to learn more about Business Model Analysis Framework
  • Get free data, charts, and analysis of EMCOR Groupand its peers on select key performance indicators by clicking the reports provided below

Industry Peers and Competitors of emcor-group

Jacobs Engineering Group (JEC) Business Analysis – Analyze Historical Performance, Strategic...

Jacobs Engineering Group Inc with $11 billion revenues in the year 2016 was the number 6 Heavy Construction company. Read this report to know the top competitors of Jacobs Engineering Group and identify growth and cost optimization opportunities of Jacobs Engineering Group

Chicago Bridge & Iron (CBI) Business Analysis – Analyze Historical Performance,...

Chicago Bridge & Iron Co N V with $11 billion revenues in the year 2016 was the number 7 Heavy Construction company. Read this report to know the top competitors of Chicago Bridge & Iron and identify growth and cost optimization opportunities of Chicago Bridge & Iron

Quanta Services (PWR) Business Analysis – Analyze Historical Performance, Strategic Priorities,...

Quanta Services Inc with $8 billion revenues in the year 2016 was the number 8 Heavy Construction company. Read this report to know the top competitors of Quanta Services and identify growth and cost optimization opportunities of Quanta Services

MasTec (MTZ) Business Analysis – Analyze Historical Performance, Strategic Priorities, And...

MasTec Inc with $5 billion revenues in the year 2016 was the number 10 Heavy Construction company. Read this report to know the top competitors of MasTec and identify growth and cost optimization opportunities of MasTec

Tutor Perini (TPC) Business Analysis – Analyze Historical Performance, Strategic Priorities,...

Tutor Perini Corp with $5 billion revenues in the year 2016 was the number 11 Heavy Construction company. Read this report to know the top competitors of Tutor Perini and identify growth and cost optimization opportunities of Tutor Perini

Terex (TEX) Business Analysis – Analyze Historical Performance, Strategic Priorities, And...

Terex Corp with $4 billion revenues in the year 2016 was the number 12 Heavy Construction company. Read this report to know the top competitors of Terex and identify growth and cost optimization opportunities of Terex

Revenues Analysis

EMCOR Group (EME) Revenues And Revenue Growth From 2012 To 2016

This report provides the last five years revenues and revenue growth of EMCOR Group Inc (EME) from 2012 to 2016. EMCOR Group generated a total of $7.6 billion revenues during 2016. EMCOR Group reported a revenue growth of 12.4% year-over-year during 2016. The revenues and the revenue growth correspond to the fiscal year ending in December.

EMCOR Group (EME) Revenues And Revenue Growth From 2002 To 2016

This report provides the last fifteen years revenues and revenue growth of EMCOR Group Inc (EME) from 2002 to 2016. EMCOR Group generated a total of $7.6 billion revenues during 2016. EMCOR Group reported a revenue growth of 12.4% year-over-year during 2016. The revenues and the revenue growth correspond to the fiscal year ending in December.

EMCOR Group (EME) Revenue Growth Comparison With Industry Growth From 2012...

This report provides a comparison of EMCOR Group Inc (EME) revenue growth with Heavy Construction industry growth during the last five years from 2012 to 2016. EMCOR Group reported a revenue growth of 12.4% year-over-year during 2016. The Heavy Construction industry growth was -5.7% year-over-year during 2016. EMCOR Group growth was faster than the industry during 2016.

Profit Analysis