Emcor vs Mastec
Emcor is the larger business, with $16.99bn of revenue in fiscal 2025 against $14.30bn for Mastec (1.2 times as much). Emcor grew faster (16.6% against 16.2%). Emcor kept more of each dollar of sales as profit: a net margin of 7.5% against 2.8%.
| Latest fiscal year | EmcorEME, 2025 | MastecMTZ, 2025 |
|---|---|---|
| Revenue | $16.99bn | $14.30bn |
| Revenue growth | 16.6% | 16.2% |
| Net income | $1.27bn | $399m |
| Operating margin | 10.1% | — |
| Net margin | 7.5% | 2.8% |
| Return on equity | 38.5% | 12.9% |
| Free cash flow | $1.19bn | $286m |
| Cash | $1.11bn | $396m |
| Total debt | $256m | $2.33bn |
| Debt to equity | 7.0% | — |
| Dividend per share | $1.00 | — |
| Dividend yield | 0.2% | — |
| Share buybacks | $586m | $77.3m |
| Employees | 44,000 | 36,000 |
| Market value | $30.87bn | $15.71bn |
| Price vs our value range | Below our value range | Below our value range |
| Moat score | 62 (Moderate) | 35 (Weak) |
| Insider trades, 12 months | 2 buys, 10 sales | 0 buys, 5 sales |