Everus Construction Group, Inc.
91.94+0.99 (+1.09%)
Oct 29, 4:00:02 PM EDT · NYSE · ECG · USD
Key Stats
Market Cap
4.69BP/E (TTM)
28.29Basic EPS (TTM)
3.25Dividend Yield
0%Recent Filings
10-Q
Q2 FY2025 results
Everus Construction Group posted solid Q2 results, with operating revenues climbing 31.0% year-over-year to $921.5 million, fueled by robust demand in commercial data centers and hospitality within the E&M segment, while T&D edged up 2.7%. Gross profit rose 35.5% to $119.9 million, lifting the margin to 13.0% from 12.6%, thanks to efficiency gains on key projects; operating income jumped 41.3% to $72.5 million, or 7.9% of revenues. Diluted EPS held steady at $1.03, reconciling neatly with 51,094,000 weighted shares and no anti-dilution flags. Cash from operations reached $32.5 million for the half-year, yielding $6.5 million in free cash flow after $31.6 million capex, with $84.7 million in cash and $209.4 million revolver availability backing a $292.5 million term loan at 6.30%. Backlog stands at $2.98 billion. Yet regulatory shifts, like the new OBBBA tax law, could tweak deduction timing for depreciation and interest.
8-K
Everus boosts Q2 results, guidance
Everus Construction Group reported record Q2 2025 revenues of $921.5 million, up 31% year-over-year, fueled by 41.6% growth in electrical and mechanical services amid data center demand, while transmission and distribution rose 2.7%. Net income climbed 35.4% to $52.8 million, with EBITDA surging 35.6% to $84.2 million; backlog hit $3.0 billion, up 23.9%. The company raised full-year guidance to $3.3-$3.4 billion in revenues and $240-$255 million in EBITDA, yet noted lower margins from stand-alone costs post-spinoff. Backlog growth signals robust execution.
8-K
Hernandez joins Everus board
Everus Construction Group expanded its board to eight members on July 29, 2025, appointing Helena Hernandez, an energy industry veteran with over 25 years at Florida Power & Light and General Electric. She joins the Compensation and Nominating and Governance Committees, bringing expertise in renewables and innovation to guide Everus' growth in power sectors. Her addition bolsters strategic oversight. Forward-looking statements highlight potential benefits amid risks.
8-K
Q1 revenue up 32%, backlog soars
Everus Construction Group posted its May/June 2025 investor presentation on May 28, detailing robust Q1 results with revenue surging 32% to $827M, EBITDA up 32% to $62M at 7.5% margin, and backlog ballooning 41% to $3.1B, fueled by 47% E&M growth in data centers and high-tech. T&D revenue dipped 2% yet EBITDA rose 6% on margin gains. Backlog momentum signals sustained expansion. Net leverage stays low at 1.0x.
8-K
Annual meeting results approved
Everus Construction Group held its annual stockholder meeting on May 20, 2025, electing all seven director nominees with strong majorities, including Michael S. Della Rocca and Jeffrey S. Thiede. Stockholders approved annual advisory votes on executive compensation and ratified Deloitte & Touche LLP as the 2025 independent auditor. All proposals passed decisively. This signals robust governance alignment.
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