EMCOR Group stock trades at EUR 673.00 after Q2 growth

Published on 09/30/2026 at 13:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

EMCOR Group's Q2 revenue reached USD 5.15 billion on June 30, 2026, up 19.80 percent year over year. First-half organic growth was 18.30 percent, while margin guidance stands at 9.50 to 9.80 percent.

EME, US29084Q1004, Illustration mit AI erstellt.

EMCOR Group stock (ISIN US29084Q1004) was trading at EUR 673.00 at Lang & Schwarz on September 30, 2026 at 1:31 p.m. CEST, up 0.12 percent versus the prior close of EUR 672.20. The latest operating figures show why the company remains tied to the data-center construction cycle.

Q2 revenue reaches USD 5.15 billion

According to Zacks on September 24, 2026, EMCOR's second-quarter revenue rose 19.80 percent year over year to USD 5.15 billion. Operating margin reached 10.60 percent, an increase of 1.00 percentage point from the prior-year quarter, while gross margin increased to 19.80 percent.

The earnings comparison was also favorable. Diluted EPS came in at USD 9.06 for Q2 2026, compared with USD 6.72 in Q2 2025, according to the same Zacks report.

Data centers drive 45 percent growth

At the Morgan Stanley Laguna Conference on September 17, 2026, EMCOR said first-half organic growth reached 18.30 percent. As Investing.com reported, electrical revenue tied to network and communications work rose 45.00 percent in the latest quarter, while mechanical revenue in the same area more than doubled.

The mix is broader than data centers. EMCOR reported 9.00 percent organic growth after excluding high-tech manufacturing and network and communications, while building services grew 5.00 percent and industrial services grew 15.00 percent in the first half of 2026. That diversification matters because project timing can make quarterly margins volatile.

Margin guidance sets the next test

EMCOR raised its full-year operating margin outlook to 9.50 percent to 9.80 percent from 9.00 percent to 9.40 percent. Full-year EPS guidance also moved to USD 32.00 to USD 33.25 from USD 28.25 to USD 29.75, according to Zacks.

Management has framed the 10.60 percent quarterly margin as a high point rather than a normal run rate. The stated guidance range therefore gives investors a more useful benchmark than the single-quarter result, especially as labor costs, project mix and execution can shift from quarter to quarter.

EMCOR Group stock trades at EUR 673.00

EMCOR Group stock was trading at EUR 673.00 at Lang & Schwarz on September 30, 2026 at 1:31 p.m. CEST, plus 0.12 percent versus the prior close of EUR 672.20. A Business Wire release dated September 11, 2026 identifies EMCOR as a NYSE-listed member of the S&P 500.