EMCOR Group, Inc. — fact timeline

EMCOR Group, Inc. shareholders approved To ratify the appointment of Ernst & Young LLP as the Company’s independent auditors for 2026 at the 2026-06-04 meeting.

“Proposal 3. The proposal for stockholders to ratify the appointment of Ernst & Young LLP as the Company’s independent auditors for 2026 was approved based upon the following votes: Shares For 36,270,830 Shares Against 3,248,493 Shares Abstaining 17,910”

EMCOR Group, Inc. shareholders approved To consider a non-binding advisory resolution approving named executive officer compensation at the 2026-06-04 meeting.

“Proposal 2. The proposal for stockholders to approve, on a non-binding advisory basis, the compensation of the Company’s named executive officers was approved based upon the following votes: Shares For 32,437,835 Shares Against 4,870,814 Shares Abstaining 52,900 Broker Non-Votes 2,175,684”

EMCOR Group, Inc. shareholders approved To elect nine directors identified in the proxy statement on Schedule 14A related to the 2026 Annual Meeting of Stockholders of the Company to serve until the next Annual Meeting of Stockholders and until their successors are duly elected and qualified at the 2026-06-04 meeting.

“Proposal 1. The nominees for director were elected based upon the following votes: Nominee Shares For Shares Against Shares Abstaining Broker Non-Votes John W. Altmeyer 34,863,327 2,478,850 19,372 2,175,684”

EMCOR Group, Inc. reported first quarter ended March 31, 2026 results: revenue $4.63 billion, net income $305.5 million, EPS $6.84 per diluted share. Guidance raised.

“Planning & Analysis (203) 849-7938 FTI Consulting, Inc. Investors: Blake Mueller (718) 578-3706 EMCOR GROUP, INC. REPORTS FIRST QUARTER 2026 RESULTS Record Quarterly Revenues of $4.63 billion, 19.7% Increase Year-over-Year First Quarter Diluted EPS of $6.84, 30.0% Increase Year-over-Year Record Remaining Performance Obligations of $15.62 billion, 32.9% Increase”

EMCOR Group, Inc. completed an acquisition involving Miller Electric Company, Miller Electric Company Employee Stock Ownership Trust, Susan A. Walden Family Voting Trust, Henry K. Brown Trust I, Daniel A. Brown Trust I for $865 million in cash, subject to customary adjustments (closed 2025-02-03).

“and the Seller ESOP Trust collectively are referred to as the “Sellers”. The Company acquired from the Sellers 100% of the equity ownership of Miller Electric in exchange for $865 million in cash, subject to customary adjustments. As a result of the transaction, Miller Electric became a wholly-owned subsidiary of the Company. Miller Electric is a leading”

EMCOR Group, Inc. reported the first quarter ended March 31, 2024 results: revenue $3.43 billion, net income $197.1 million, EPS $4.17 per diluted share. Guidance raised.

“EMCOR Group, Inc. (NYSE: EME) today reported results for the first quarter ended March 31, 2024. For the first quarter of 2024, revenues totaled $3.43 billion, an increase of 18.7%, compared to $2.89 billion for the first quarter of 2023. Net income was $197.1 million, or $4.17 per diluted share, compared to $111.5 million, or $2.32 per diluted share, for the first quarter of 2023.”

EMCOR Group, Inc. reported financial results for the fourth quarter and year ended December 31, 2023.

“On February 28, 2024, EMCOR Group, Inc. issued a press release disclosing results of operations for its fiscal 2023 fourth quarter and year ended December 31, 2023.”

EMCOR Group, Inc. amended revolving credit of $1.30 billion with Bank of Montreal, as Agent, and other lenders at ranging from 1.125% to 1.875% over the term secured overnight financing rate or maturing December 20, 2028.

“The 2023 Credit Agreement provides for a $1.30 billion five year revolving credit facility under which the Company may borrow up to $1.30 billion and EMCOR UK may borrow up $100.0 million. The Company has the ability to increase the revolving credit facility by up to an additional amount equal to the greater of (a) $900 million and (b) the Company’s Adjusted EBITDA (as such term is defined in the 2023 Credit Agreement) for the twelve-month period then ended. Such increase will be accommodated by either existing lenders (if they so choose) and/or new eligible lenders. The 2023 Credit Agreement contains customary financial covenants, representations and warranties and events of default. The Company’s obligations under the 2023 Credit Agreement are guaranteed by substantially all of its U.S. subsidiaries and secured by substantially all of the assets of the Company and the guarantors, in each case, subject to certain customary exceptions. All outstanding borrowings under the 2023 Credit A”

EMCOR Group, Inc. amended Seventh Amended and Restated Credit Agreement with Bank of Montreal, as Agent, and certain other lenders valued at $1.30 billion (effective 2023-12-20).

“On December 20, 2023, EMCOR Group, Inc. (the “Company”), EMCOR Group (UK) plc., a wholly-owned subsidiary of the Company (“EMCOR UK”), and the other Borrowers and Guarantors (each as defined therein) party thereto entered into the Seventh Amended and Restated Credit Agreement (the “Credit Agreement Restatement”) dated as of December 20, 2023 with Bank of Montreal, as Agent, and certain other lenders listed on the signature pages thereof.”

R. Kevin Matz departed as Executive Vice President-Shared Services at EMCOR Group, Inc..

“R. Kevin Matz, the Company’s Executive Vice President-Shared Services, will step down and depart from the Company, effective as of April 1, 2024.”

Jason R. Nalbandian was appointed as Senior Vice President and Chief Financial Officer at EMCOR Group, Inc..

“appointed Jason R. Nalbandian, 36, as Senior Vice President and Chief Financial Officer, effective as of April 1, 2024.”

Mark A. Pompa departed as Executive Vice President and Chief Financial Officer at EMCOR Group, Inc..

“Mr. Pompa’s departure from the Company is not a result of any disagreement with the Company’s independent auditors or any member of management on any matter of accounting principles or practices, financial statement disclosure, or internal controls.”

EMCOR Group, Inc. reported the first nine months of 2023 results: revenue $9.14 billion, net income $421.5 million, EPS $8.85 per diluted share. Guidance raised.

“Revenues for the first nine months of 2023 totaled $9.14 billion, an increase of 12.5%, compared to $8.13 billion for the first nine months of 2022. Net income for the first nine months of 2023 was $421.5 million, or $8.85 per diluted share, compared to net income of $279.8 million, or $5.50 per diluted share, for the first nine months of 2022.”

EMCOR Group, Inc. reported the third quarter ended September 30, 2023 results: revenue $3.21 billion, net income $169.4 million, EPS $3.57 per diluted share. Guidance raised.

“EMCOR GROUP, INC. REPORTS THIRD QUARTER 2023 RESULTS - Record Quarterly Revenues of $3.21 billion, 13.5% Increase Year-over-Year - - Record Quarterly Diluted Earnings per Share of $3.57, Non-GAAP Diluted EPS of $3.61 - - Record Remaining Performance Obligations of $8.64 billion, 21.6% Increase Year-over-Year - - Increases 2023 Non-GAAP Diluted EPS Guidance Range to $12.25 - $12.65 from $10.75 - $11.25 - - Increases 2023 Revenue Guidance to approximately $12.5B from $12.0B - $12.5B -”

EMCOR Group, Inc. reported full-year 2023 results: revenue $12.0 billion to $12.5 billion, EPS $10.75 to $11.25. Guidance raised.

“Based on year-to-date performance, current operating conditions, and near-term visibility, EMCOR is increasing its full-year 2023 diluted earnings per share guidance range to $10.75 to $11.25, an increase from the prior guidance range of $9.25 to $10.00. The Company is maintaining its full-year 2023 revenue guidance of $12.0 billion to $12.5 billion.”

EMCOR Group, Inc. reported the first six months of 2023 results: revenue $5.94 billion, net income $252.1 million, EPS $5.28 per diluted share. Guidance raised.

“Revenues for the first six months of 2023 totaled $5.94 billion, an increase of 12.0%, compared to $5.30 billion for the first six months of 2022. Net income for the first six months of 2023 was $252.1 million, or $5.28 per diluted share, compared to net income of $174.1 million, or $3.36 per diluted share, for the first six months of 2022.”

EMCOR Group, Inc. reported the quarter ended June 30, 2023 results: revenue $3.05 billion, net income $140.6 million, EPS $2.95 per diluted share. Guidance raised.

“For the second quarter of 2023, net income was $140.6 million, or $2.95 per diluted share, compared to $100.7 million, or $1.99 per diluted share, for the second quarter of 2022. Revenues for the second quarter of 2023 totaled $3.05 billion, an increase of 12.5% from the year ago period.”

EMCOR Group, Inc.: Amended Restated Certificate of Incorporation to provide for Board authority to determine number of directors, exculpation of certain officers, and exclusive forum for certain claims (effective 2023-06-08).

“On June 8, 2023, the Company filed a Certificate of Amendment of Restated Certificate of Incorporation of EMCOR Group, Inc. (the "Amendment to Certificate of Incorporation") with the Secretary of State of the State of Delaware and the Amendment to Certificate of Incorporation became effective on June 8, 2023.”

EMCOR Group, Inc. shareholders rejected A stockholder proposal regarding an independent board chairperson at the 2023-06-08 meeting.

“The proposal for stockholders to request that the Board of Directors of the Company adopt a policy and amend the Company’s governing documents to require that separate individuals serve as Chair of the Board of Directors and as the Company’s Chief Executive Officer was not approved, based upon the following votes:”

EMCOR Group, Inc. shareholders approved Ratification of the appointment of Ernst & Young LLP as our independent auditors for 2023 at the 2023-06-08 meeting.

“The proposal for stockholders to ratify the appointment of Ernst & Young LLP as the Company’s independent auditors for 2023 was approved based upon the following votes:”

EMCOR Group, Inc. shareholders approved An amendment to the Company's Restated Certificate of Incorporation to select an exclusive forum for certain claims at the 2023-06-08 meeting.

“The proposal for stockholders to approve an amendment to the Company’s Restated Certificate of Incorporation to select an exclusive forum for certain claims was approved based upon the following votes:”

EMCOR Group, Inc. shareholders approved An amendment to the Company's Restated Certificate of Incorporation to reflect Delaware law provisions allowing officer exculpation at the 2023-06-08 meeting.

“The proposal for stockholders to approve an amendment to the Company’s Restated Certificate of Incorporation to reflect Delaware law provisions allowing officer exculpation was approved based upon the following votes:”

EMCOR Group, Inc. shareholders approved An amendment to the Company's Restated Certificate of Incorporation regarding the size of the Board of Directors at the 2023-06-08 meeting.

“The proposal for stockholders to approve an amendment to the Company’s Restated Certificate of Incorporation regarding the size of the Board of Directors was approved based upon the following votes:”

EMCOR Group, Inc. shareholders voted on A non-binding advisory resolution on the frequency of the non-binding advisory vote on executive compensation at the 2023-06-08 meeting.

“The stockholders voted, on a non-binding advisory basis, on whether the non-binding advisory vote on the compensation of the Company’s named executive officers should occur every 1 year, every 2 years or every 3 years.”

EMCOR Group, Inc. shareholders approved A non-binding advisory resolution approving named executive officer compensation at the 2023-06-08 meeting.

“The proposal for stockholders to approve, on a non-binding advisory basis, the compensation of the Company’s named executive officers was approved based upon the following votes:”

EMCOR Group, Inc. shareholders approved Election of nine directors to serve until the Company's next Annual Meeting of Stockholders and until their successors are duly elected and qualified at the 2023-06-08 meeting.

“All of the Company's incumbent directors standing for election were re-elected.”

EMCOR Group, Inc. reported first quarter 2023 results: revenue $2.89 billion, net income $111.5 million, EPS $2.32 per diluted share. Guidance raised.

“- Record First Quarter Revenues of $2.89 billion, 11.5% Increase Year-over-Year - - Record First Quarter Diluted EPS of $2.32, 66.9% Increase Year-over-Year - - Record Remaining Performance Obligations of $7.87 billion, 32.3% Increase Year-over-Year - - Increases 2023 Diluted EPS Guidance Range to $9.25 - $10.00 from $8.75 - $9.50 -”

EMCOR Group, Inc. amended credit facility with Bank of Montreal (as Agent) and certain other lenders at Adjusted Term SOFR plus 1.00% to 1.75%.

“The Credit Amendment provides for, among other changes, the replacement of the London interbank offered rate-based interest rate with a term secured overnight financing rate-based interest rate plus a 0.10% credit spread adjustment (the “Adjusted Term SOFR”). SOFR borrowings under the Credit Agreement, as amended, bear interest at Adjusted Term SOFR plus 1.00% to 1.75%, based on certain financial tests.”

EMCOR Group, Inc. amended First Amendment to Sixth Amended and Restated Credit Agreement with Bank of Montreal, as Agent, and certain other lenders (effective 2023-04-28).

“entered into the First Amendment to Sixth Amended and Restated Credit Agreement (the “Credit Amendment”) dated as of April 28, 2023 with Bank of Montreal, as Agent, and certain other lenders listed on the signature pages thereof.”

Rebecca Ann Weyenberg was elected as Director at EMCOR Group, Inc..

“On December 14, 2022, the Board elected Rebecca Ann Weyenberg to the Board, effective as of December 14, 2022”

Jason R. Nalbandian was elected as Senior Vice President and Chief Accounting Officer at EMCOR Group, Inc..

“On December 14, 2022, the Board of Directors (the “Board”) of EMCOR Group, Inc. (the “Company”) elected Jason R. Nalbandian, 35, as Senior Vice President and Chief Accounting Officer, effective as of January 1, 2023.”

EMCOR Group, Inc. reported first nine months of 2022 results: revenue $8.13 billion, net income $279.8 million, EPS $5.50 per diluted share.

“Revenues for the first nine months of 2022 totaled $8.13 billion, an increase of 11.9%, compared to $7.26 billion for the first nine months of 2021. Net income for the first nine months of 2022 was $279.8 million, or $5.50 per diluted share, compared to net income of $281.9 million, or $5.17 per diluted share, for the first nine months of 2021.”

EMCOR Group, Inc. reported third quarter ended September 30, 2022 results: revenue $2.83 billion, net income $105.8 million, EPS $2.16 per diluted share. Guidance raised.

“For the third quarter of 2022, net income was $105.8 million, or $2.16 per diluted share, compared to net income of $99.7 million, or $1.85 per diluted share, for the third quarter of 2021. Revenues for the third quarter of 2022 totaled $2.83 billion, up 12.1% from the third quarter of 2021.”