EME
EMCOR Group, Inc.
EME has lower modeled downside risk, despite its lower overall score.
VRT
Vertiv Holdings Co
VRT has the edge over EME overall, supported by stronger valuation and stronger fundamentals.
EME Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Healthy | |
| Strong |
EME's revenue, profitability, cash flow and balance sheet are all currently healthy.
VRT Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
VRT's revenue, profitability, cash flow and balance sheet are all currently strong.
EME PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 16x | $569 | -14% |
| Forward | 17x | $663 | — |
| Current | 19x | $663 | — |
| Fair | 21x | $726 | +9.5% |
| Expensive | 27x | $940 | +42% |
Historical ranges are pointers, not guarantees.
EME's PE is in its cheap range at 19x. If earnings grow as analysts expect, today's price would be 17x next year's earnings.
VRT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 23x | $210 | — |
| Current | 39x | $210 | — |
| Cheap | 58x | $308 | +47% |
| Fair | 72x | $383 | +83% |
| Expensive | 88x | $472 | +125% |
Historical ranges are pointers, not guarantees.
VRT has the edge over EME in the historical PE scenario, which offers more potential upside but is not a forecast.
EME Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Strong growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect strong earnings and revenue growth for EME, with profitability improving.
VRT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
Analysts expect strong earnings and revenue growth for VRT, with profitability improving.
EME Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $39.43 | +14% |
| Q3 2026 | $34.58 | +39% |
| Q2 2026 | $32.11 | +33% |
| Q1 2026 | $29.77 | +32% |
| Q4 2025 | $28.19 | +31% |
| Q3 2025 | $24.85 | +26% |
| Q2 2025 | $24.08 | +38% |
| Q1 2025 | $22.61 | +49% |
| Q4 2024 | $21.52 | +62% |
EME's earnings per share have climbed steadily: $34.58 over the past year, up 39% from the year before, and higher year over year for 22 quarters in a row.
VRT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.14 | +71% |
| Q3 2026 | $5.35 | +102% |
| Q2 2026 | $4.42 | +111% |
| Q1 2026 | $3.98 | +131% |
| Q4 2025 | $3.41 | +166% |
| Q3 2025 | $2.65 | +75% |
| Q2 2025 | $2.09 | +62% |
| Q1 2025 | $1.72 | +64% |
| Q4 2024 | $1.28 | +7.6% |
VRT has the edge over EME on earnings, with stronger typical year-over-year growth.
EME Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $5.5B | +29% |
| Q2 2026 | $5.2B | +20% |
| Q1 2026 | $4.6B | +20% |
| Q4 2025 | $4.5B | +20% |
| Q3 2025 | $4.3B | +16% |
| Q2 2025 | $4.3B | +17% |
| Q1 2025 | $3.9B | +13% |
| Q4 2024 | $3.8B | +9.6% |
EME's revenue has grown year over year for 23 quarters in a row: $5.5B last quarter, up 29% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 9.8% | +0.4 points |
| Q2 2026 | 11% | +1 points |
| Q1 2026 | 8.7% | +0.5 points |
| Q4 2025 | 13% | +2.4 points |
| Q3 2025 | 9.4% | -0.4 points |
| Q2 2025 | 9.7% | +0.6 points |
| Q1 2025 | 8.2% | +0.7 points |
| Q4 2024 | 10% | +1.9 points |
EME's operating margin was 9.8% last quarter, about level with the same quarter a year ago.
VRT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4.3B | +61% |
| Q2 2026 | $3.3B | +24% |
| Q1 2026 | $2.6B | +30% |
| Q4 2025 | $2.9B | +23% |
| Q3 2025 | $2.7B | +29% |
| Q2 2025 | $2.6B | +35% |
| Q1 2025 | $2B | +24% |
| Q4 2024 | $2.3B | +26% |
VRT has the edge over EME on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 23% | +3.5 points |
| Q2 2026 | 19% | +2.7 points |
| Q1 2026 | 17% | +2.3 points |
| Q4 2025 | 20% | +0.7 points |
| Q3 2025 | 19% | +1.4 points |
| Q2 2025 | 17% | -0.4 points |
| Q1 2025 | 14% | +1.9 points |
| Q4 2024 | 19% | +4.2 points |
VRT has the edge over EME on profitability, with a higher operating margin.
EME Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $759.6M | +69% |
| Q2 2026 | $258.2M | +56% |
| Q1 2026 | -$28.2M | -134% |
| Q4 2025 | $492.5M | +9% |
| Q3 2025 | $448.8M | -12% |
| Q2 2025 | $165.6M | -36% |
| Q1 2025 | $82.3M | -26% |
| Q4 2024 | $451.8M | +12% |
EME generated $1.5B in free cash flow over the past year, up 29% from the year before.
VRT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $654.9M | +41% |
| Q2 2026 | $926.5M | +233% |
| Q1 2026 | $654.2M | +145% |
| Q4 2025 | $885.6M | +143% |
| Q3 2025 | $463.5M | +36% |
| Q2 2025 | $277.9M | -19% |
| Q1 2025 | $266.8M | +162% |
| Q4 2024 | $364.5M | +18% |
VRT has the edge over EME on cash flow, with more consistent year-over-year improvement.
EME Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.7% | -307K shares |
| 1 year | -1.6% | -723K shares |
| 3 years | -6.7% | -3.2M shares |
| 5 years | -18% | -9.7M shares |
| Available history | -22% | -12.3M shares |
EME has the edge over VRT on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $188M |
| Q2 2026 | $181.4M |
| Q1 2026 | $87.1M |
| Q4 2025 | $154.1M |
| Q3 2025 | — |
| Q2 2025 | $207.3M |
| Q1 2025 | $224.8M |
| Q4 2024 | $84.4M |
EME spent $611M buying back its own shares over the past year, up 18% from the year before.
VRT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -64.9K shares |
| 1 year | +0.4% | +1.8M shares |
| 3 years | +1.1% | +4.4M shares |
| 5 years | +10% | +36M shares |
| Available history | +63% | +152M shares |
VRT has 393M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | $599.9M |
EME Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.3x | Net Cash |
| Q2 2026 | -0.4x | Net Cash |
| Q1 2026 | -0.5x | Net Cash |
| Q4 2025 | -0.6x | Net Cash |
| Q3 2025 | -0.4x | Net Cash |
| Q2 2025 | -0.1x | Net Cash |
| Q1 2025 | -0.2x | Net Cash |
| Q4 2024 | -0.9x | Net Cash |
EME has the edge over VRT on leverage, with a lower net debt burden relative to earnings.
VRT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | 0.1x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.6x | Very low |
| Q3 2025 | 0.8x | Very low |
| Q2 2025 | 0.7x | Very low |
| Q1 2025 | 0.8x | Very low |
| Q4 2024 | 1.0x | Healthy |
VRT has more cash than debt.
EME Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.4 | Neutral |
| Stochastic | 20.0 | Oversold |
EME's weekly RSI is 41 (neutral) and its Stochastic is 20 (oversold).
VRT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.0 | Neutral |
| Stochastic | 26.4 | Neutral |
VRT's weekly RSI is 43 (neutral) and its Stochastic is 26 (neutral).
EME PE vs Industrials Sector
| Metric | EME | Sector median | Relative |
|---|---|---|---|
| PE | 19x | 24x | 20% below |
| PE % | 31 | 58 | 27 pts below |
EME has the edge over VRT on valuation relative to its sector.
VRT PE vs Industrials Sector
| Metric | VRT | Sector median | Relative |
|---|---|---|---|
| PE | 39x | 24x | 63% above |
| PE % | 3 | 58 | 55 pts below |
VRT is trading at 39x earnings, a 63% premium to the Industrials sector's median of 24x.
EME Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $707.3 | 6.3% below |
| 20 week MA | $747.8 | 11% below |
| 50 week MA | $754.8 | 12% below |
| 100 week MA | $639.0 | 3.7% above |
| 200 week MA | $458.9 | 44% above |
EME has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 44% above its 200-week average.
VRT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $221.8 | 5.5% below |
| 20 week MA | $254.4 | 18% below |
| 50 week MA | $253.9 | 17% below |
| 100 week MA | $189.1 | 11% above |
| 200 week MA | $123.5 | 70% above |
VRT has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 70% above its 200-week average.
EME Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $87.1 | $92.2 | +5.9% |
| 2021 | $92.2 | $125.6 | +36% |
| 2022 | $125.6 | $149.9 | +19% |
| 2023 | $149.9 | $215.4 | +44% |
| 2024 | $215.4 | $459.4 | +113% |
| 2025 | $459.4 | $627.1 | +37% |
| 2026 YTD | $627.1 | $662.8 | +5.7% |
EME has finished every year since 2020 higher, and it's up 5.7% so far in 2026.
VRT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.9 | $18.9 | +73% |
| 2021 | $18.9 | $24.9 | +31% |
| 2022 | $24.9 | $12.8 | -48% |
| 2023 | $12.8 | $48.0 | +275% |
| 2024 | $48.0 | $115.1 | +140% |
| 2025 | $115.1 | $167.6 | +46% |
| 2026 YTD | $167.6 | $209.6 | +25% |
VRT has the edge over EME on returns for 2026, with the stronger performance.