Return on Tangible Equity (Annual)

Return on Tangible Equity: The amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity. Calculated as: Income from Continuing Operations / Tangible Shareholders Equity

EMCOR Group, Inc. (EME) had Return on Tangible Equity of 68.23% for the most recently reported fiscal year, ending 2023-12-31.

Quarterly Annual

Figures for fiscal year ending 2023-12-31

Income Statement Financials
Revenue	$12.58B
Net Income	$632.99M
Cost of Goods Sold	$10.49B
Gross Profit	$2.09B
Operating Expenses	$11.71B
Operating Income	$875.76M
Non-Operating Income/Expense	$-2.90M
Pre-Tax Income	$872.85M
Normalized Pre-Tax Income	$872.85M
Income after Taxes	$633.33M
Income from Continuous Operations	$633.33M
Consolidated Net Income/Loss	$633.33M
Normalized Income after Taxes	$633.33M
EBIT	$875.76M
EBITDA	$994.72M
Weighted-Average Shares Outstanding (Basic)	47.36M
Weighted-Average Shares Outstanding (Diluted)	47.56M
Earnings per Share (EPS) (Basic)	$13.37
Earnings per Share (EPS) (Diluted)	$13.31
Balance Sheet Financials
Current Assets	$4.45B
Property, Plant, and Equipment	$179.38M
Long-Term Assets	$2.16B
Total Assets	$6.61B
Current Liabilities	$3.52B
Long-Term Debt	$2.84M
Long-Term Liabilities	$620.55M
Total Liabilities	$4.14B
Common Equity	$2.47B
Tangible Shareholders Equity	$928.23M
Shareholders Equity	$2.47B
Common Shares Outstanding	47.05M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$899.65M
Cash Flow from Investing Activities	$-161.29M
Cash Flow from Financial Activities	$-412.05M
Beginning Cash	$457.07M
End Cash	$789.75M
Increase/Decrease in Cash	$332.68M
Stock-Based Compensation	$12.02M
Common Stock Dividends Paid	$-32.68M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.26
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.00
Debt to Equity Ratio	0.00
Gross Margin	16.60%
Operating Margin	6.96%
EBIT Margin	6.96%
EBITDA Margin	7.91%
Pre-Tax Profit Margin	6.94%
Profit Margin	5.03%
Free Cash Flow	$834.86M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	1.90
Inventory Turnover	94.73
Receiveable Turnover	3.93
Days Sales in Receivables	92.93
Return on Equity	25.63%
Return on Tangible Equity	68.23%
Return on Assets	9.58%
Return on Investments	25.60%
Book Value Per Share	$52.52
Free Cash Flow per Share	$17.55
Operating Cash Flow per Share	$18.91

Data from Zacks Investment Research, Inc.