Emcor vs Quanta Services
Quanta Services is the larger business, with $28.48bn of revenue in fiscal 2025 against $16.99bn for Emcor (1.7 times as much). Quanta Services grew faster (20.3% against 16.6%). Emcor kept more of each dollar of sales as profit: a net margin of 7.5% against 3.6%. Emcor carries less debt relative to equity (7.0% against 67.1%).
| Latest fiscal year | EmcorEME, 2025 | Quanta ServicesPWR, 2025 |
|---|---|---|
| Revenue | $16.99bn | $28.48bn |
| Revenue growth | 16.6% | 20.3% |
| Net income | $1.27bn | $1.03bn |
| Operating margin | 10.1% | 5.7% |
| Net margin | 7.5% | 3.6% |
| Return on equity | 38.5% | 12.7% |
| Free cash flow | $1.19bn | $1.62bn |
| Cash | $1.11bn | $440m |
| Total debt | $256m | $5.99bn |
| Debt to equity | 7.0% | 67.1% |
| Dividend per share | $1.00 | $0.41 |
| Dividend yield | 0.2% | 0.1% |
| Share buybacks | $586m | $135m |
| Employees | 44,000 | 69,500 |
| Market value | $30.87bn | $98.68bn |
| Price vs our value range | Below our value range | Within our value range |
| Moat score | 62 (Moderate) | 54 (Moderate) |
| Insider trades, 12 months | 2 buys, 10 sales | 0 buys, 35 sales |