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Stock research / United States / ECG · Operative Builders · NYSE

Everus Construction Group, Inc. (ECG)

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Everus Construction Group, Inc. (ECG) reported revenue of $1.2 billion for Q2 FY2026, the quarter ended 30 June 2026, up 33.7% on the same quarter a year earlier. Net income was $84 million, up 58.8% on the year, and diluted earnings per share $1.64. The figures are the company's own, from the 10-Q it filed with the SEC on 5 August 2026.

Revenue$1.2 billionup 33.7%
Net income$84 millionup 58.8%
Diluted EPS$1.64
QuarterQ2 FY2026ended 30 June 2026

Everus Construction Group (ECG) in brief

Everus Construction Group (ECG) reported revenue of $3.7 billion for fiscal 2025, the year ended 31 December 2025, up 31.5% on the year before.
Read moreNet income was $202 million and diluted earnings per share $3.95. Revenue was $2.8 billion in fiscal 2024, $2.9 billion in fiscal 2023 and $2.7 billion in fiscal 2022. Net income in the same years was $143 million, $137 million and $125 million. Over the twelve months to 30 June 2026, Everus Construction Group reported revenue of $4.3 billion and net income of $254 million. Everus Construction Group had 51 million shares outstanding at the latest filed count. At 30 June 2026 it carried $274 million of debt and $177 million of cash. At the close of 9 October 2026 the market cap of Everus Construction Group was $6.3 billion, 24.6 times its earnings over the last twelve months.

Ratios

From the filings

ROE32.9%
ROCE31.6%
Operating margin7.8%
Net margin6.0%
FCF margin5.9%
Interest cover15.61
Debt to equity0.35
Cash conversion1.26
Share count, 1 year0.1%
Sales CAGR, 3 years11.5%
Profit CAGR, 3 years17.4%
EPS, TTM$4.97

At the close of 9 October 2026

Price$122.47
Market cap$6.3 billion
Stock P/E24.64
Price to book8.09
EV / EBITDA17.37
Dividend yieldn/a
Market cap / sales1.47
52-week high$169.16
52-week low$80.42
Price, 1 year39.6%
Price CAGR, 3 yearsn/a
Price CAGR, 5 yearsn/a
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on long-term debt as Everus Construction Group, Inc. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.
ECGgreeksoup.ai
Daily prices to 9 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on ECG

Filings20 in twelve months: 11 current reports (8-K), about 7 regulation FD disclosure; 4 results of operations; 2 change of auditor; 1 material agreement; 1 new financial obligation
Planned insider sales1 Form 144 notice in twelve months, $451,077; latest 7 August 2026
Options tapeput/call 0.22 by open interest at the 9 October 2026 close; the straddle prices a 6.2% move to 16 October 2026
13F holders8 of the followed funds hold it; largest Geode Capital Management; 7 Schedule 13D or 13G filings in twelve months
Insider trading1 sale and 2 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest2.0 million shares short, 5.10 days to cover at 30 September 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 11 quarters

Q3 FY2023Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue7176267037617608279219871,0111,0371,232
Cost of revenue6325516156716737348028638949061,049
Gross profit84.974.788.689.986.392.5120124118131183
Gross margin12%12%13%12%11%11%13%13%12%13%15%
SG&A34.835.837.336.240.341.547.451.848.653.071.2
Operating income50.138.951.353.746.051.072.572.468.977.7112
Operating margin7%6%7%7%6%6%8%7%7%7%9%
Interest expense4.62.73.22.95.24.74.85.46.54.64.6
Pre-tax income46.737.149.851.942.046.969.672.169.375.9110
Tax rate24%27%27%27%28%29%28%29%27%27%27%
Net income36.028.239.041.834.536.752.857.055.358.383.9
Net margin5%5%6%5%5%4%6%6%5%6%7%
Diluted EPS$0.71$0.55$0.76$0.82$0.67$0.72$1.03$1.11$1.08$1.14$1.64
Operating cash flown/a21.9-18.178.980.77.125.376.248.214453.1
Capital expendituren/a9.27.318.013.818.513.110.524.715.520.1
Free cash flown/a12.6-25.460.966.9-11.412.365.723.512833.0
Shares outstanding51m51m51mn/a51m51m51m51m51m51m51m
Filing10-Q10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS and diluted share count are from the company's results press release for that quarter, used where the release gives the same revenue and net income as the table. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 4 fiscal years and the trailing twelve months

FY2022FY2023 †FY2024FY2025TTM
Revenue2,6992,8542,8503,7464,267
Cost of revenue2,4232,5322,5103,2923,711
Gross profit276322339454555
Gross margin10.2%11.3%11.9%12.1%13.0%
Selling, general and administrative111131150189225
Operating income165191190265331
Operating margin6.1%6.7%6.7%7.1%7.8%
Interest expense6.417.014.021.521.2
Pre-tax income160178181258327
Income tax40.845.349.572.389.0
Effective tax rate25.5%25.5%27.4%28.0%27.2%
Net income125137143202254
Net margin4.6%4.8%5.0%5.4%6.0%
Diluted EPS$2.45$2.69$2.81$3.95$4.97
Filing10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Revenue by segment

FY2023FY2024FY2025Share
latest year
E&M2,1262,0242,91177.7%
T&D72982683622.3%
E&MT&D
2,854FY20232,850FY20243,746FY2025

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2022FY2023 †FY2024FY2025TTM
Operating cash flow-25.5171163157321
Capital expenditure35.835.648.366.870.8
Free cash flow-61.313611590.0250
Free cash flow margin-2.3%4.8%4.0%2.4%5.9%
Cash from investing-24.6-20.0-37.1-56.8-211
Cash from financing51.5-152-41.9-15.6-18.0
Depreciation and amortisation21.523.125.328.834.9
Share-based compensation1.10.81.66.38.7
Diluted shares, weighted51m51m51m51m51m
Shares outstanding at period endn/a1,00051m51m51m
Filing10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2022FY2023 †FY2024FY2025TTM
Funded by
Shareholders' equity382449423630773
Debtn/a169296282274
Operating lease liabilitiesn/a32.541.256.654.9
Other liabilitiesn/a403529761955
Total liabilities and equityn/a1,0521,2881,7292,058
Owned
Fixed assetsn/a116134168187
Goodwilln/a143143143212
Intangible assetsn/a2.00.10.070.3
Investmentsn/a8.421.327.120.4
Cash and equivalents2.11.686.0170177
Receivablesn/a450590770919
Inventoryn/a42.743.845.355.6
Other assetsn/a289270404416
Total assetsn/a1,0521,2881,7292,058
Filing10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compoundedn/an/a11.5%30.5%
Profit growth, compoundedn/an/a17.4%53.5%
Return on equity, averagen/a32.3%32.2%32.0%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was Everus Construction Group's revenue in fiscal 2025?

Everus Construction Group (ECG) reported revenue of $3.7 billion for fiscal 2025, the year ended 31 December 2025, up 31.5% on the year before.

How much did Everus Construction Group earn in fiscal 2025?

Net income was $202 million for fiscal 2025, and diluted earnings per share $3.95.

What is Everus Construction Group's P/E ratio?

At the close of 9 October 2026, Everus Construction Group traded at 24.6 times its earnings over the twelve months to 30 June 2026.

What is Everus Construction Group's market cap?

The market cap of Everus Construction Group was $6.3 billion at the close of 9 October 2026.

How much debt does Everus Construction Group have?

At 30 June 2026 Everus Construction Group carried $274 million of debt and $177 million of cash.

Peers: Construction

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
D.R. Horton, Inc. DHI$37.9 billion12.8312.8%n/a-3.5%0.301.3%
PulteGroup Inc. PHM$21.0 billion11.4514.6%n/a-7.3%0.140.8%
NVR Inc. NVR$15.7 billion15.3033.7%n/a-9.9%0.27n/a
Toll Brothers, Inc. TOL$12.3 billion10.6914.0%13.8%-1.1%0.320.7%
Everus Construction Group, Inc. ECG$6.3 billion24.6432.9%7.8%30.5%0.35n/a
IES Holdings, Inc. IESC$5.9 billion13.2237.1%12.4%22.7%0.00n/a
M/I Homes, Inc. MHO$3.2 billion10.759.8%9.3%-5.0%0.17n/a
Green Brick Partners, Inc. GRBK$2.7 billion9.4714.7%n/a-6.2%0.14n/a
KB Home KBH$2.6 billion12.156.0%n/a-20.8%0.552.3%
Century Communities, Inc. CCS$1.6 billion12.205.2%n/a-8.9%0.44n/a
LGI Homes, Inc. LGIH$1.0 billion15.373.1%n/a-16.7%0.74n/a
Dream Finders Homes, Inc. DFH$856 million6.5510.2%n/a-12.2%1.27n/a
All 31 in Construction
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Quanta Services, Inc. PWR$106.0 billion80.8313.8%6.2%26.3%0.560.1%
Comfort Systems USA Inc. FIX$60.4 billion42.2044.6%16.5%46.1%0.020.1%
D.R. Horton, Inc. DHI$37.9 billion12.8312.8%n/a-3.5%0.301.3%
Emcor Group, Inc. EME$34.9 billion24.5635.3%10.4%18.9%0.000.2%
PulteGroup Inc. PHM$21.0 billion11.4514.6%n/a-7.3%0.140.8%
Lennar Corp. LEN$18.2 billion14.496.1%5.4%-8.0%0.270.3%
Mastec Inc. MTZ$17.1 billion33.9014.2%n/a23.5%0.74n/a
Jacobs Solutions Inc. J$16.3 billion49.5210.4%4.6%20.1%1.101.0%
Sterling Infrastructure, Inc. STRL$15.7 billion36.9831.8%17.5%60.8%0.20n/a
NVR Inc. NVR$15.7 billion15.3033.7%n/a-9.9%0.27n/a
Toll Brothers, Inc. TOL$12.3 billion10.6914.0%13.8%-1.1%0.320.7%
Dycom Industries Inc. DY$8.1 billion24.5016.0%7.8%37.8%1.35n/a
Fluor Corp. FLR$6.9 billionn/a-74.3%-1.4%-4.8%0.4032.1%
Everus Construction Group, Inc. ECG$6.3 billion24.6432.9%7.8%30.5%0.35n/a
IES Holdings, Inc. IESC$5.9 billion13.2237.1%12.4%22.7%0.00n/a
Argan Inc. AGX$5.5 billion31.0735.4%15.4%29.0%0.000.4%
Installed Building Products, Inc. IBP$4.9 billion19.9639.2%12.4%0.3%1.661.8%
Granite Construction Inc. GVA$4.9 billionn/a-21.9%6.3%21.8%2.070.5%
Construction Partners, Inc. ROAD$4.9 billion34.0513.7%8.6%41.9%1.68n/a
MYR Group Inc. MYRG$4.9 billion29.5721.9%5.6%16.1%0.01n/a
Primoris Services Corp. PRIM$4.5 billion32.798.7%2.9%5.1%0.500.4%
Kbr, Inc. KBR$4.5 billion10.6425.9%9.6%-4.3%1.561.9%
Tutor Perini Corp. TPC$4.4 billion35.919.8%4.5%24.7%0.310.1%
GEO Group Inc. GEO$4.1 billion14.6919.2%11.2%15.4%1.000.0%
M/I Homes, Inc. MHO$3.2 billion10.759.8%9.3%-5.0%0.17n/a
Green Brick Partners, Inc. GRBK$2.7 billion9.4714.7%n/a-6.2%0.14n/a
KB Home KBH$2.6 billion12.156.0%n/a-20.8%0.552.3%
Sunrun Inc. RUN$1.8 billion5.1711.5%2.7%63.2%4.34n/a
Century Communities, Inc. CCS$1.6 billion12.205.2%n/a-8.9%0.44n/a
LGI Homes, Inc. LGIH$1.0 billion15.373.1%n/a-16.7%0.74n/a
Dream Finders Homes, Inc. DFH$856 million6.5510.2%n/a-12.2%1.27n/a
10 companies share its SEC industry code (Operative Builders); the rest are the names nearest in size in its wider industry, Construction, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 20265 August 2026EDGAR
10-Q31 March 20266 May 2026EDGAR
10-K31 December 202525 February 2026EDGAR
10-Q30 September 20255 November 2025EDGAR
10-Q30 June 202513 August 2025EDGAR
10-Q31 March 202515 May 2025EDGAR
10-K31 December 202428 February 2025EDGAR
10-Q30 September 202421 November 2024EDGAR

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