Search markets, companies, evidence, and pages
CIK 105634 · Environmental Engineering & Consulting
N/A
Market data as of N/A
Financials: LTM / latest available company filings
Sources: FMP, EME filings, SEC EDGAR
$41,043
Market cap ($MM)
$40,643
Enterprise value ($MM)
$17,751
Revenue · LTM ($MM)
$2,033
EBITDA · LTM ($MM)
11%
EBITDA margin
2.3x
EV / revenue
20.0x
EV / EBITDA
-0.3x
Net debt / EBITDA
Coverage
The analytical read on the name and the balance-sheet capacity behind the program.
Key points
Balance sheet & capacity
Indicative capacity read: -0.3x net debt / EBITDA with EBITDA of $2.0B.
$916
Cash & equiv. ($MM)
$256
Total debt ($MM)
($660)
Net debt ($MM)
-0.3x
Net debt / EBITDA
Valuation
EME versus the scaled public Environmental Engineering & Consulting comparables.
Indexed share-price performance
EME versus available Environmental Engineering & Consulting peers and SPY.
+583%
EME
N/A
Peer med.
+79%
SPY
Indexed to 100 from May 28, 2021 through May 26, 2026. Source: FMP month-end close history.
| Company | Ticker | Revenue ($MM) | EBITDA ($MM) | Margin | Market cap ($MM) | EV ($MM) | EV / rev | EV / EBITDA | Net debt / EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| EMCOR Group, Inc. | EME | $17,751 | $2,033 | 11% | $41,043 | $40,643 | 2.3x | 20.0x | -0.3x |
Financials via Financial Modeling Prep (SEC-derived TTM). EV/EBITDA distribution: each dot a live peer, band = interquartile range, line = median. Impossible values (EBITDA > revenue, negative-EBITDA multiples) shown NM.
M&A program
EME's disclosed acquisition footprint and the deals behind it.
Disclosed acquisitions
71
Active years
17
Named deals
9
Avg / active year
4.2
Acq. cash outflow ($MM)
N/A
Banker read
Annual acquisitions + disclosed spend
EME count bars show acquisition cadence; the spend line shows when the program required larger capital deployment.
Program diagnostics
Recent / prior
16 / 17
Last three years is broadly steady vs prior three.
Peak count year
FY21
8 disclosed acquisitions in the peak visible year.
Recent spend
$1.3B
is up 404% vs prior three; peak FY25 at $1.0B.
Named evidence
9 rows
13% selected source-cited transaction coverage.
Selected transactions
| Date | Target | Segment | Consideration ($MM) | Strategic rationale | Source |
|---|---|---|---|---|---|
| Feb 3, 2025 | Miller Electric Company | Environmental engineering, consulting, and infrastructure services | $877 | On February 3, 2025, we completed the acquisition of Miller Electric Company (“Miller Electric”), a leading electrical contractor that operates predominantly across the Southeas... | 10-K† |
| Jul 29, 2013 | RSI | Environmental engineering, consulting, and infrastructure services | $464 | On July 29, 2013, we completed the acquisition of RSI. This acquisition will expand and further strengthen our service offerings to new and existing customers and enhance our po... | 10-K† |
| Jul 29, 2013 | RepconStrickland, Inc. | Environmental engineering, consulting, and infrastructure services | $464 | On July 29, 2013, we completed the acquisition of RepconStrickland, Inc. (“RSI”). This acquisition expands and strengthens our service offerings to new and existing customers an... | 10-K† |
| Jul 29, 2013 | RSI | Environmental engineering, consulting, and infrastructure services | $464 | On July 29, 2013, we completed the acquisition of RSI. This acquisition expands and strengthens our service offerings to new and existing customers and enhances our position wit... | 10-K† |
| Jun 30, 2011 | USM Services Holdings, Inc. | Environmental engineering, consulting, and infrastructure services | $251 | On June 30, 2011, we completed the acquisition of USM Services Holdings, Inc. (“USM”) from Transfield Services (Delaware), General Partnership. Under the terms of the transactio... | 10-K† |
| Jun 30, 2011 | USM Services Holdings, Inc. | Environmental engineering, consulting, and infrastructure services | $251 | On June 30, 2011, we completed the acquisition of USM Services Holdings, Inc. (“USM”) from Transfield Services (Delaware), General Partnership. Under the terms of the transactio... | 10-K† |
| Nov 1, 2019 | Batchelor & Kimball, Inc. | Environmental engineering, consulting, and infrastructure services | $220 | On November 1, 2019, we completed the acquisition of Batchelor & Kimball, Inc. (“BKI”), a leading full service provider of mechanical construction and maintenance services. This... | 10-K† |
| Nov 1, 2019 | Batchelor & Kimball, Inc. | Environmental engineering, consulting, and infrastructure services | $220 | On November 1, 2019, we completed the acquisition of Batchelor & Kimball, Inc. (“BKI”), a leading full service provider of mechanical construction and maintenance services. This... | 10-K† |
Acquisitions disclosed/extracted from SEC filings; not necessarily full M&A history. Disclosed acquisition cash outflow is cumulative "payments for acquisitions, net of cash acquired" from the 10-K cash-flow statements (a cash outflow, not deal value). Built on 15 SEC-backed facts across 7 cited filings.
Evidence
A collapsed investigation trail for the SEC filings behind the financials, annual M&A cadence, named transactions, and management language.
Annual 10-Ks
23
Named deal filings
7
Recent SEC filings
0
Evidence clips
6
| Fiscal year | Filing date | Form | Status | Count | Cash spend | Purchase consideration | Source |
|---|---|---|---|---|---|---|---|
| FY2025 | Feb 26, 2026 | Annual M&A 10-K | accepted | 1 | $1.0B | $877MM | SEC filing |
| FY2024 | Feb 26, 2025 | Annual M&A 10-K | accepted | 7 | $228MM | $231MM | SEC filing |
| FY2023 | Feb 28, 2024 | Annual M&A 10-K | accepted | 8 | $96.5MM | $99.6MM | SEC filing |
| FY2022 | Feb 23, 2023 | Annual M&A 10-K | accepted | 6 | $98.7MM | $101MM | SEC filing |
| FY2021 | Feb 24, 2022 | Annual M&A 10-K | accepted | 8 | $118MM | $131MM | SEC filing |
| FY2020 | Feb 25, 2021 | Annual M&A 10-K | accepted | 3 | $50.4MM | $50.2MM | SEC filing |
| FY2019 | Feb 27, 2020 | Annual M&A 10-K | accepted | 7 | N/A | $305MM | SEC filing |
| FY2018 | Feb 21, 2019 | Annual M&A 10-K | accepted | 4 | N/A | $71.3MM | SEC filing |
| FY2017 | Feb 22, 2018 | Annual M&A 10-K | accepted | 3 | N/A | $109MM | SEC filing |
| FY2016 | Feb 23, 2017 | Annual M&A 10-K | quarantined (4 issue) | 2 | $201MM | $201MM | SEC filing |
| FY2015 | Feb 25, 2016 | Annual M&A 10-K | accepted | 3 | N/A | N/A | SEC filing |
| FY2014 | Feb 26, 2015 | Annual M&A 10-K | accepted | 0 | N/A | N/A | SEC filing |
| FY2013 | Feb 25, 2014 | Annual M&A 10-K | accepted | 4 | $464MM | $464MM | SEC filing |
| FY2012 | Feb 26, 2013 | Annual M&A 10-K | accepted | 1 | N/A | N/A | SEC filing |
| FY2011 | Feb 27, 2012 | Annual M&A 10-K | accepted | 3 | $301MM | $251MM | SEC filing |
| FY2010 | Feb 25, 2011 | Annual M&A 10-K | quarantined (1 warn, 1 issue) | 2 | $39.9MM | N/A | SEC filing |
| FY2009 | Feb 25, 2010 | Annual M&A 10-K | warning (1 warn) | N/A | $21.7MM | N/A | SEC filing |
| FY2008 | Feb 26, 2009 | Annual M&A 10-K | warning (1 warn) | 5 | $89.4MM | N/A | SEC filing |
| FY2007 | Feb 21, 2008 | Annual M&A 10-K | warning (1 warn) | 5 | $513MM | N/A | SEC filing |
| FY2006 | Feb 22, 2007 | Annual M&A 10-K | warning (1 warn) | N/A | $40.7MM | N/A | SEC filing |
| FY2005 | Feb 23, 2006 | Annual M&A 10-K | warning (1 warn) | N/A | $11B | N/A | SEC filing |
| FY2004 | Mar 9, 2005 | Annual M&A 10-K | warning (1 warn) | N/A | $1.6MM | N/A | SEC filing |
| FY2003 | Feb 26, 2004 | Annual M&A 10-K | quarantined (1 warn, 1 issue) | 1 | $10.9MM | N/A | SEC filing |
| Filing date | Form | Targets / topics | Support | Source |
|---|---|---|---|---|
| Feb 26, 2026 | 10-K | Miller Electric Company | Annual M&ANamed deals | SEC filing |
| Feb 28, 2024 | 10-K | Eight companies acquired in 2021 | Annual M&ANamed deals | SEC filing |
| Feb 24, 2022 | 10-K | Batchelor & Kimball, Inc. | Annual M&ANamed deals | SEC filing |
| Feb 25, 2021 | 10-K | Batchelor & Kimball, Inc. | Annual M&ANamed deals | SEC filing |
| Feb 25, 2016 | 10-K | RepconStrickland, Inc. | Annual M&ANamed deals | SEC filing |
| Feb 26, 2015 | 10-K | RSI | Annual M&ANamed deals | SEC filing |
| Feb 25, 2014 | 10-K | RSI; USM Services Holdings, Inc. | Annual M&ANamed deals | SEC filing |
Miller Electric Company acquisition
10-K - Feb 26, 2026
On February 3, 2025, we completed the acquisition of Miller Electric Company (“Miller Electric”), a leading electrical contractor that operates predominantly across the Southeastern United States. ...
RSI acquisition
10-K - Feb 25, 2014
On July 29, 2013, we completed the acquisition of RSI. This acquisition will expand and further strengthen our service offerings to new and existing customers and enhance our position within the in...
RepconStrickland, Inc. acquisition
10-K - Feb 25, 2016
On July 29, 2013, we completed the acquisition of RepconStrickland, Inc. (“RSI”). This acquisition expands and strengthens our service offerings to new and existing customers and enhances our posit...
RSI
10-K - Feb 26, 2015
On July 29, 2013, we completed the acquisition of RSI. This acquisition expands and strengthens our service offerings to new and existing customers and enhances our position within the industrial s...
USM Services Holdings, Inc. acquisition
10-K - Feb 25, 2014
On June 30, 2011, we completed the acquisition of USM Services Holdings, Inc. (“USM”) from Transfield Services (Delaware), General Partnership. Under the terms of the transaction, we acquired 100% ...
USM Services Holdings, Inc.
10-K - Feb 25, 2014
On June 30, 2011, we completed the acquisition of USM Services Holdings, Inc. (“USM”) from Transfield Services (Delaware), General Partnership. Under the terms of the transaction, we acquired 100% ...
Annual M&A counts and disclosed spend are extracted from SEC acquisition disclosures and cash-flow statements; named-deal rows carry direct filing links where the filing identifies the target or consideration.