In this Research Note, we examine EMCOR, one of the largest mechanical and electrical contractors in the United States and its building services business, which accounts for 24% of the group’s 2024 revenues of $14.6 billion.  Based on their 2024 Annual Report and Corporate Overview Presentation, this analysis covers the Building Services financial highlights for its US and UK operations, acquisitions and 2025 outlook. This note updates our previous coverage from last year. Emcor Corporate Overview Presentation, 31 July 2025 EMCOR Building Services With 60 regional operations in the USA providing local service, the full range of capabilities offered by EBS companies is as follows: Mechanical construction, renovation, and retrofits Energy services Mechanical services Site-based commercial facilities services Government facility services Interior and exterior maintenance services National multisite maintenance and trades Clients of their building services business include federal and state governments, institutional organizations, utilities, healthcare providers, and major corporations engaged in information technology, telecommunications, […]