How did EME's revenue and expenses trend in Q4 2024?
4/14/2025 11:26am
EMCOR Group (EME) experienced a notable increase in revenue, with a significant rise in gross profit, in Q4 2024, compared to the previous quarter, while operating expenses remained stable.
1. **Revenue and Gross Profit Trend**: EME's revenue for Q4 2024, was $3.77 billion, which is a substantial increase from the previous quarter's revenue of $3.38 billion. The gross profit for Q4 2024, was $757.02 million, also a significant improvement from the previous quarter's gross profit of $659.48 million. This indicates a strong profitability period for the company.
2. **Operating Expenses**: The operating expenses for Q4 2024, were $292.16 million, which is similar to the previous quarter's operating expenses of $285.14 million. This suggests that while revenue and gross profit have seen a significant increase, the company has managed to maintain its operating expense levels, indicating efficient management.
3. **Net Income**: The net income for Q4 2024, is not directly provided, but given the revenue and gross profit figures, it can be inferred that the net income would be substantial, considering the company's ability to generate gross profit in excess of operating expenses.
|code|Ticker|Name|Date|Gross Profit|Total Revenue|Operating Expenses|Net Income|market_code|
|---|---|---|---|---|---|---|---|---|
|EME|EME.N|EMCOR Group|2024 Q1|5.89309E8|3.432276E9||1.97149E8|169|
|EME|EME.N|EMCOR Group|2024 Q2|6.84001E8|3.666897E9||2.47572E8|169|
|EME|EME.N|EMCOR Group|2024 Q3|7.34726E8|3.696924E9||2.70263E8|169|
|EME|EME.N|EMCOR Group|2024 Q4|7.57015E8|3.770019E9||2.92161E8|169|