EMCOR Group (EME) Revenue — Quarter Ended Mar 31, 2024
Revenue increased compared to the same period a year earlier. The company reported growth across most of its reportable segments.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue increased compared to the same period a year earlier. The company reported growth across most of its reportable segments.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.4B
Revenue reported for this quarter.
Quarter-over-quarter
-0.2%
Change from the immediately preceding quarter.
Year-over-year
+18.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$13.1B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2023 | $3B | +12.5% |
| Sep 30, 2023 | $3.2B | +13.5% |
| Dec 31, 2023 | $3.4B | +16.6% |
| Mar 31, 2024 | $3.4B | +18.7% |
Revenue performance
Revenue for the period was higher than the prior year, with the increase driven by broad-based demand.
Quarterly comparison
Compared to the immediately preceding period, revenue was essentially flat. When compared to the same period one year earlier, revenue showed a substantial increase.
What to watch
The company highlighted continued strong demand across the majority of the market sectors it serves.