EME vs ACM vs ROAD Stock Comparison

Emcor, Aecom and Construction Partners Prices as of Oct 26, 2026 Peers: Industry group
EME EMCOR Group, Inc.
$665.73 -12.7% 1M -11.0% 1Y
Market cap
$29.65B
P/E
20.6x
Revenue (TTM)
$18.60B
Div. yield
0.00%
Engineering and Construction Industrials
6 wins
ACM Aecom
$60.73 -0.3% 1M -54.3% 1Y
Market cap
$7.86B
P/E
27.3x
Revenue (TTM)
$15.39B
Div. yield
–
Engineering and Construction Industrials
4 wins

Head to Head

11 decided of 12

Emcor leads on 6 of the 12 questions below (Emcor 6, Aecom 4, Construction Partners 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionEMEACMROADLeader
Larger companyMarket capitalisation $29.65B $7.86B $4.68B EME
Cheaper on earningsLower P/E, profitable companies only 20.6x 27.3x 32.9x EME
Cheaper on forward earningsLower price / next fiscal year consensus EPS 19.2x 14.5x 26.4x ACM
Faster revenue growthRevenue growth, trailing twelve months +18.9% -4.2% +41.9% ROAD
More profitableNet margin, trailing twelve months 7.7% 1.9% 4.1% EME
Better return on capitalReturn on invested capital — 9.9% 8.1% ACM
Less leveragedLower net debt / EBITDA — 2.4x 3.6x ACM
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -11.0% -54.3% -30.1% EME
Better 5-year returnAnnualised price return, 5 years +41.7%/yr -1.9%/yr +19.2%/yr EME
Less volatileAnnualised volatility, 1 year 45.5% 38.4% 51.5% ACM
Higher overall scoreMean of the five percentile scores vs peers 64/100 47/100 63/100 EME

Percentile Scorecard

EMEACMROAD

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisEMEACMROAD
Valuation 57 #23 of 52 63 #20 of 52 69 #17 of 52
Growth 56 #17 of 37 11 #33 of 37 97 #2 of 37
Profitability 86 #6 of 37 44 #21 of 37 69 #12 of 37
Financial Health 70 #18 of 57 25 #43 of 57 21 #45 of 57
Shareholder Returns 54 #13 of 27 92 #3 of 27 58 #12 of 27
Overall 64 47 63
  • EME ranked among 57 companies in Construction Services
  • ACM ranked among 57 companies in Construction Services
  • ROAD ranked among 57 companies in Construction Services

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodEMEACMROADSPY
1 month -12.7%-0.3%-12.0% -0.8%
3 months -10.4%-14.4%-21.5% +3.5%
6 months -24.8%-25.9%-31.7% +7.0%
Year to date +8.8%-36.3%-24.0% +12.2%
1 year -11.0%-54.3%-30.1% +13.0%
3 years +224.2%-18.8%+121.2% +86.3%
3 years, per year +48.0%-6.7%+30.3% +23.1%
5 years +471.3%-9.3%+140.7% +68.6%
5 years, per year +41.7%-1.9%+19.2% +11.0%
10 years +1,083.3%+120.8%— +258.0%
10 years, per year +28.0%+8.2%— +13.6%

Risk

MeasureEMEACMROADSPY
Volatility, 1Y 45.5%38.4%51.5% 12.7%
Downside volatility, 1Y 48.2%47.1%47.5% 12.7%
Beta vs S&P 500, 1Y 1.930.861.80 1.00
Return / volatility, 1Y -0.24-1.42-0.58 1.02
Max drawdown, 5Y -36.2%-56.8%-54.5% -25.4%
From 52-week high -29.5%-54.8%-41.3% -1.8%
52-week high $943.75$134.35$140.48 $779.14
52-week low $581.58$58.00$80.84 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleEMEACMROAD
P/E now vs peer median 20.5xmedian 25.7x 27.1xmedian 25.7x 32.4xmedian 25.7x
P/S now vs peer median 1.6xmedian 0.8x 0.5xmedian 0.8x 1.1xmedian 0.8x
EV/EBITDA now vs peer median 13.4xmedian 12.9x 13.4xmedian 12.9x 11.9xmedian 12.9x
P/FCF now vs peer median 25.1xmedian 22.5x 38.4xmedian 22.5x 22.5xmedian 22.5x
P/B now vs peer median 7.2xmedian 2.3x 3.3xmedian 2.3x 3.8xmedian 2.3x
PEG now vs peer median 0.44median 0.56 0.85median 0.56 0.52median 0.56

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsEMEACMROAD
Revenue $18.60B $15.39B $3.48B
Gross profit $3.61B $874.05M $548.10M
Operating income $1.93B $631.20M $297.95M
Net income $1.44B $334.79M $142.51M
Free cash flow $1.17B $203.45M $175.56M
EPS (diluted) $32.30 $2.24 $2.53
Cash & equivalents $924.41M $1.01B $94.55M
Total debt – $2.75B $1.79B
Shares (diluted) 44.55M 128.60M 56.27M
Enterprise value $26.04B $2.98B $4.25B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricEMEACMROAD
P/E 20.5x 27.1x 32.4x
P/FCF 25.1x 38.4x 22.5x
P/Operating cash flow 22.8x 21.4x 11.2x
P/S 1.6x 0.5x 1.1x
P/B 7.2x 3.3x 3.8x
P/Tangible book 9.8x 3.5x 4.1x
EV/EBITDA 13.4x 13.4x 11.9x
EV/EBIT 14.8x 15.1x 18.9x
EV/Revenue 1.5x 0.6x 1.6x
EV/FCF 24.4x 46.9x 32.2x
EV/Operating cash flow 22.1x 26.1x 16.0x
PEG (3Y EPS CAGR) 0.44 0.85 0.52

Growth

14 metrics
MetricEMEACMROAD
Revenue growth (1Y) 18.9% -4.2% 41.9%
Revenue CAGR (3Y) 16.7% 3.3% 32.9%
Gross profit growth (1Y) 18.5% -25.9% 50.7%
Gross profit CAGR (3Y) 26.3% -1.4% 47.6%
Operating income growth (1Y) 29.9% -38.5% 75.5%
Operating income CAGR (3Y) 41.7% 13.8% 73.0%
Net income growth (1Y) 30.2% -50.9% 91.2%
Net income CAGR (3Y) 43.8% 24.6% 65.9%
EPS growth (1Y) 31.5% -51.4% 89.1%
EPS CAGR (3Y) 47.0% 31.9% 61.9%
Operating cash flow growth (1Y) -0.6% -60.5% 28.2%
Operating cash flow CAGR (3Y) 20.8% -20.5% 43.0%
Free cash flow growth (1Y) -3.1% -75.3% 14.9%
Free cash flow CAGR (3Y) 20.3% -29.3% 91.2%

Profitability

14 metrics
MetricEMEACMROAD
Gross margin 19.4% 5.7% 15.8%
EBITDA margin 11.5% 4.6% 13.7%
Operating margin 10.4% 4.1% 8.6%
Pretax margin 10.5% 3.4% 5.4%
Net margin 7.7% 1.9% 4.1%
FCF margin 6.3% 1.3% 5.0%
Operating cash flow margin 6.9% 2.4% 10.1%
Return on equity 36.2% 13.9% 14.1%
Return on assets 14.6% 2.8% 4.0%
Return on invested capital – 9.9% 8.1%
Return on capital employed 41.9% 10.5% 10.2%
Asset turnover 1.9x 1.3x 1.0x
Cash conversion (OCF / net income) 0.9x 1.1x 2.5x
Stock comp / revenue 0.1% 0.3% 1.2%

Financial Health

11 metrics
MetricEMEACMROAD
Debt / assets – 22.8% 49.5%
Debt / equity – 1.1x 1.7x
Net debt / EBITDA – 2.4x 3.6x
Debt / FCF – 13.5x 10.2x
Liabilities / assets 59.8% 80.0% 71.2%
Equity / assets 40.2% 20.0% 28.8%
Interest coverage – 3.1x 2.7x
Current ratio 1.3x 1.1x 1.6x
Quick ratio 1.2x 0.9x 0.2x
Cash ratio 0.2x 0.2x 0.2x
Altman Z-score 6.46 1.79 2.47

Shareholder Returns

7 metrics
MetricEMEACMROAD
Dividend yield 0.2% 2.0% –
Net buyback yield 1.4% 8.2% 0.8%
Shareholder yield 1.7% 10.3% 0.8%
Payout ratio (earnings) 4.0% – –
Payout ratio (FCF) 4.9% – –
Dividend growth (1Y) 26.6% – –
Dividend CAGR (3Y) 25.6% – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusEMEACMROAD
Forward P/E 19.2xFY2026 14.5xFY2026 26.4xFY2026
EPS, next fiscal year $34.73FY2026 $4.19FY2026 $3.12FY2026
EPS growth, next FY +34.2%FY2026 -20.3%FY2026 +41.2%FY2026
EPS growth, the year after +10.7% +54.7% +17.3%
Revenue, next fiscal year $19.07BFY2026 $7.04BFY2026 $3.58BFY2026
Revenue growth, next FY +12.2%FY2026 -7.0%FY2026 +27.4%FY2026
Revenue growth, the year after +13.1% +8.8% +10.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersEMEACMROAD
Held by institutions 93.1% 92.6% 87.7%
Institutions holding 1,235 572 360
Change in shares held, QoQ -0.1% +5.5% +2.3%
Institutions buying 659 270 190
Institutions selling 419 232 111
Buyers to sellers 1.57 1.16 1.71

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

EMEACMROAD
EME 1.00 0.09 0.43
ACM 0.09 1.00 0.27
ROAD 0.43 0.27 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, EME, ACM and ROAD?

Emcor (EME) is the largest by market capitalisation: Emcor (EME) $29.65B, Aecom (ACM) $7.86B, Construction Partners (ROAD) $4.68B.

Which stock is cheaper, EME, ACM and ROAD?

Emcor (EME) trades on the lowest price-to-earnings ratio (Emcor (EME) 20.6x, Aecom (ACM) 27.3x, Construction Partners (ROAD) 32.9x). On next year's consensus earnings, Aecom (ACM) is cheapest (Emcor (EME) 19.2x, Aecom (ACM) 14.5x, Construction Partners (ROAD) 26.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Construction Partners (ROAD) grew revenue fastest over the trailing twelve months: Emcor (EME) +18.9%, Aecom (ACM) -4.2%, Construction Partners (ROAD) +41.9%.

Which company is more profitable?

Emcor (EME) has the highest net margin (Emcor (EME) 7.7%, Aecom (ACM) 1.9%, Construction Partners (ROAD) 4.1%). On return on invested capital, Aecom (ACM) leads (Aecom (ACM) 9.9%, Construction Partners (ROAD) 8.1%).

Which stock has performed better?

Over the past year Emcor (EME) returned the most: Emcor (EME) -11.0%, Aecom (ACM) -54.3%, Construction Partners (ROAD) -30.1%. Over five years, Emcor (EME) compounded fastest (Emcor (EME) +41.7%/yr, Aecom (ACM) -1.9%/yr, Construction Partners (ROAD) +19.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Emcor (EME) 0.00%, Aecom (ACM) 0.00%, Construction Partners (ROAD) 0.00%. Aecom (ACM) and Construction Partners (ROAD) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Aecom (ACM) has been the steadiest (Emcor (EME) 45.5%, Aecom (ACM) 38.4%, Construction Partners (ROAD) 51.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, EME, ACM and ROAD?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Emcor (EME) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.