EME vs IESC vs PRIM Stock Comparison

Emcor, IES Holdings and Primoris Services Prices as of Oct 23, 2026 Peers: Industry group
EME EMCOR Group, Inc.
$647.48 -13.9% 1M -7.0% 1Y
Market cap
$29.51B
P/E
20.5x
Revenue (TTM)
$18.60B
Div. yield
0.00%
Engineering and Construction Industrials
5 wins
IESC IES Holdings, Inc.
$213.54 -33.2% 1M -43.9% 1Y
Market cap
$8.65B
P/E
19.0x
Revenue (TTM)
$3.99B
Div. yield
–
Utility Construction Industrials
4 wins
PRIM Primoris Services Corp
$64.99 -12.4% 1M -52.3% 1Y
Market cap
$3.58B
P/E
25.7x
Revenue (TTM)
$7.28B
Div. yield
0.00%
Utility Construction Industrials
1 win

Head to Head

10 decided of 12

Emcor leads on 5 of the 12 questions below (Emcor 5, IES Holdings 4, Primoris Services 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionEMEIESCPRIMLeader
Larger companyMarket capitalisation $29.51B $8.65B $3.58B EME
Cheaper on earningsLower P/E, profitable companies only 20.5x 19.0x 25.7x IESC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 18.6x 19.7x 28.8x EME
Faster revenue growthRevenue growth, trailing twelve months +18.9% +22.7% +5.1% IESC
More profitableNet margin, trailing twelve months 7.7% 11.4% 1.9% IESC
Better return on capitalReturn on invested capital — — 7.0% –
Less leveragedLower net debt / EBITDA — — 1.8x –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% PRIM
Better 1-year returnPrice return, last 12 months -7.0% -43.9% -52.3% EME
Better 5-year returnAnnualised price return, 5 years +39.9%/yr +34.3%/yr +19.0%/yr EME
Less volatileAnnualised volatility, 1 year 46.0% 106.2% 94.4% EME
Higher overall scoreMean of the five percentile scores vs peers 64/100 67/100 38/100 IESC

Percentile Scorecard

EMEIESCPRIM

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

AxisEMEIESCPRIM
Valuation 57 #23 of 52 47 #28 of 52 61 #21 of 52
Growth 56 #17 of 37 83 #7 of 37 17 #31 of 37
Profitability 86 #6 of 37 92 #4 of 37 42 #22 of 37
Financial Health 70 #18 of 57 89 #7 of 57 45 #32 of 57
Shareholder Returns 54 #13 of 27 23 #21 of 27 27 #20 of 27
Overall 64 67 38
  • EME ranked among 57 companies in Construction Services
  • IESC ranked among 57 companies in Construction Services
  • PRIM ranked among 57 companies in Construction Services

Price Performance

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

Returns

PeriodEMEIESCPRIMSPY
1 month -13.9%-33.2%-12.4% -1.0%
3 months -13.0%-65.9%-24.9% +2.9%
6 months -25.6%-64.4%-62.1% +6.4%
Year to date +5.8%-45.1%-47.6% +11.4%
1 year -7.0%-43.9%-52.3% +13.1%
3 years +235.8%+244.7%+115.9% +79.4%
3 years, per year +49.8%+51.1%+29.3% +21.5%
5 years +434.5%+336.2%+138.5% +67.7%
5 years, per year +39.9%+34.3%+19.0% +10.9%
10 years +1,053.7%+1,255.8%+227.9% +255.2%
10 years, per year +27.7%+29.8%+12.6% +13.5%

Risk

MeasureEMEIESCPRIMSPY
Volatility, 1Y 46.0%106.2%94.4% 12.7%
Downside volatility, 1Y 48.2%130.1%119.9% 12.7%
Beta vs S&P 500, 1Y 1.942.971.85 1.00
Return / volatility, 1Y -0.15-0.41-0.55 1.03
Max drawdown, 5Y -36.2%-73.1%-68.0% -25.4%
From 52-week high -31.4%-73.1%-68.0% -2.5%
52-week high $943.75$793.96$202.92 $779.14
52-week low $581.58$213.54$64.99 $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.

MultipleEMEIESCPRIM
P/E now vs peer median 20.0xmedian 25.6x 18.7xmedian 25.6x 25.1xmedian 25.6x
P/S now vs peer median 1.5xmedian 0.8x 2.1xmedian 0.8x 0.5xmedian 0.8x
EV/EBITDA now vs peer median 13.0xmedian 12.7x 14.7xmedian 12.7x 13.0xmedian 12.7x
P/FCF now vs peer median 24.5xmedian 22.4x 37.3xmedian 22.4x 39.8xmedian 22.4x
P/B now vs peer median 7.0xmedian 2.3x 6.9xmedian 2.3x 2.2xmedian 2.3x
PEG now vs peer median 0.43median 0.57 0.25median 0.57 6.30median 0.57

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 monthsEMEIESCPRIM
Revenue $18.60B $3.99B $7.28B
Gross profit $3.61B $1.05B $627.80M
Operating income $1.93B $492.85M $212.09M
Net income $1.44B $457.91M $139.54M
Free cash flow $1.17B $228.40M $88.00M
EPS (diluted) $32.30 $11.29 $2.59
Cash & equivalents $924.41M $77.28M $218.20M
Total debt – – $2.21B
Shares (diluted) 44.55M 40.40M 54.00M
Enterprise value $25.90B $7.50B $2.04B

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
MetricEMEIESCPRIM
P/E 20.0x 18.7x 25.1x
P/FCF 24.5x 37.3x 39.8x
P/Operating cash flow 22.2x 22.9x 18.0x
P/S 1.5x 2.1x 0.5x
P/B 7.0x 6.9x 2.2x
P/Tangible book 9.5x 7.2x 2.8x
EV/EBITDA 13.0x 14.7x 13.0x
EV/EBIT 14.4x 16.5x 19.2x
EV/Revenue 1.5x 2.0x 0.6x
EV/FCF 23.7x 35.6x 46.3x
EV/Operating cash flow 21.5x 21.9x 21.0x
PEG (3Y EPS CAGR) 0.43 0.25 6.30

Growth

14 metrics
MetricEMEIESCPRIM
Revenue growth (1Y) 18.9% 22.7% 5.1%
Revenue CAGR (3Y) 16.7% 19.3% 11.3%
Gross profit growth (1Y) 18.5% 29.0% -20.1%
Gross profit CAGR (3Y) 26.3% 37.7% 3.6%
Operating income growth (1Y) 29.9% 39.1% -44.8%
Operating income CAGR (3Y) 41.7% 55.3% -0.8%
Net income growth (1Y) 30.2% 66.5% -42.1%
Net income CAGR (3Y) 43.8% 67.8% 3.8%
EPS growth (1Y) 31.5% 69.8% -41.2%
EPS CAGR (3Y) 47.0% 74.5% 4.0%
Operating cash flow growth (1Y) -0.6% 50.4% -70.8%
Operating cash flow CAGR (3Y) 20.8% 41.6% 27.6%
Free cash flow growth (1Y) -3.1% 23.2% -82.4%
Free cash flow CAGR (3Y) 20.3% 25.1% 57.9%

Profitability

14 metrics
MetricEMEIESCPRIM
Gross margin 19.4% 26.3% 8.6%
EBITDA margin 11.5% 13.8% 4.3%
Operating margin 10.4% 12.4% 2.9%
Pretax margin 10.5% 14.5% 2.6%
Net margin 7.7% 11.4% 1.9%
FCF margin 6.3% 5.7% 1.2%
Operating cash flow margin 6.9% 9.3% 2.7%
Return on equity 36.2% 39.8% 8.5%
Return on assets 14.6% 21.4% 3.2%
Return on invested capital – – 7.0%
Return on capital employed 41.9% 41.3% 8.2%
Asset turnover 1.9x 1.9x 1.6x
Cash conversion (OCF / net income) 0.9x 0.8x 1.4x
Stock comp / revenue 0.1% 0.4% 0.3%

Financial Health

11 metrics
MetricEMEIESCPRIM
Debt / assets – – 17.2%
Debt / equity – – 0.5x
Net debt / EBITDA – – 1.8x
Debt / FCF – – 9.1x
Liabilities / assets 59.8% 46.0% 65.4%
Equity / assets 40.2% 54.0% 34.6%
Interest coverage – 140.8x –
Current ratio 1.3x 1.6x 1.2x
Quick ratio 1.2x 1.2x 1.1x
Cash ratio 0.2x 0.4x 0.1x
Altman Z-score 6.38 8.37 2.91

Shareholder Returns

7 metrics
MetricEMEIESCPRIM
Dividend yield 0.2% – 0.5%
Net buyback yield 1.5% 0.2% –
Shareholder yield 1.7% 0.2% 0.5%
Payout ratio (earnings) 4.0% – 12.5%
Payout ratio (FCF) 4.9% – 19.8%
Dividend growth (1Y) 26.6% – 15.4%
Dividend CAGR (3Y) 25.6% – 10.9%

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.

ConsensusEMEIESCPRIM
Forward P/E 18.6xFY2026 19.7xFY2026 28.8xFY2026
EPS, next fiscal year $34.73FY2026 $10.85FY2026 $2.26FY2026
EPS growth, next FY +34.2%FY2026 +58.9%FY2026 -59.8%FY2026
EPS growth, the year after +10.7% +18.0% +117.7%
Revenue, next fiscal year $19.07BFY2026 $4.10BFY2026 $6.78BFY2026
Revenue growth, next FY +12.2%FY2026 +21.7%FY2026 -10.4%FY2026
Revenue growth, the year after +13.1% +60.7% +13.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersEMEIESCPRIM
Held by institutions 93.1% 96.8% 100.0%
Institutions holding 1,235 412 445
Change in shares held, QoQ -0.1% +0.6% +1.5%
Institutions buying 659 224 243
Institutions selling 419 144 159
Buyers to sellers 1.57 1.56 1.53

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.

EMEIESCPRIM
EME 1.00 0.49 0.39
IESC 0.49 1.00 0.28
PRIM 0.39 0.28 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, EME, IESC and PRIM?

Emcor (EME) is the largest by market capitalisation: Emcor (EME) $29.51B, IES Holdings (IESC) $8.65B, Primoris Services (PRIM) $3.58B.

Which stock is cheaper, EME, IESC and PRIM?

IES Holdings (IESC) trades on the lowest price-to-earnings ratio (Emcor (EME) 20.5x, IES Holdings (IESC) 19.0x, Primoris Services (PRIM) 25.7x). On next year's consensus earnings, Emcor (EME) is cheapest (Emcor (EME) 18.6x, IES Holdings (IESC) 19.7x, Primoris Services (PRIM) 28.8x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

IES Holdings (IESC) grew revenue fastest over the trailing twelve months: Emcor (EME) +18.9%, IES Holdings (IESC) +22.7%, Primoris Services (PRIM) +5.1%.

Which company is more profitable?

IES Holdings (IESC) has the highest net margin (Emcor (EME) 7.7%, IES Holdings (IESC) 11.4%, Primoris Services (PRIM) 1.9%).

Which stock has performed better?

Over the past year Emcor (EME) returned the most: Emcor (EME) -7.0%, IES Holdings (IESC) -43.9%, Primoris Services (PRIM) -52.3%. Over five years, Emcor (EME) compounded fastest (Emcor (EME) +39.9%/yr, IES Holdings (IESC) +34.3%/yr, Primoris Services (PRIM) +19.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Primoris Services (PRIM) has the highest dividend yield: Emcor (EME) 0.00%, IES Holdings (IESC) 0.00%, Primoris Services (PRIM) 0.00%. IES Holdings (IESC) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Emcor (EME) has been the steadiest (Emcor (EME) 46.0%, IES Holdings (IESC) 106.2%, Primoris Services (PRIM) 94.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, EME, IESC and PRIM?

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 5. 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.