EME vs J vs ROAD Stock Comparison

Emcor, Jacobs Solutions and Construction Partners 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
7 wins
J Jacobs Solutions Inc.
$145.04 +2.8% 1M -9.8% 1Y
Market cap
$17.33B
P/E
51.2x
Revenue (TTM)
$14.22B
Div. yield
0.01%
Engineering and Construction Industrials
3 wins

Head to Head

12 decided of 12

Emcor leads on 7 of the 12 questions below (Emcor 7, Jacobs Solutions 3, Construction Partners 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionEMEJROADLeader
Larger companyMarket capitalisation $29.51B $17.33B $4.61B EME
Cheaper on earningsLower P/E, profitable companies only 20.5x 51.2x 32.4x EME
Cheaper on forward earningsLower price / next fiscal year consensus EPS 18.6x 21.4x 26.6x EME
Faster revenue growthRevenue growth, trailing twelve months +18.9% +20.1% +41.9% ROAD
More profitableNet margin, trailing twelve months 7.7% 2.4% 4.1% EME
Better return on capitalReturn on invested capital — 5.8% 8.1% ROAD
Less leveragedLower net debt / EBITDA — 2.7x 3.6x J
Higher dividend yieldTrailing dividend yield 0.00% 0.01% 0.00% J
Better 1-year returnPrice return, last 12 months -7.0% -9.8% -28.4% EME
Better 5-year returnAnnualised price return, 5 years +39.9%/yr +5.1%/yr +19.4%/yr EME
Less volatileAnnualised volatility, 1 year 46.0% 33.0% 51.4% J
Higher overall scoreMean of the five percentile scores vs peers 64/100 47/100 63/100 EME

Percentile Scorecard

EMEJROAD

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

AxisEMEJROAD
Valuation 57 #23 of 52 35 #34 of 52 69 #17 of 52
Growth 56 #17 of 37 31 #26 of 37 97 #2 of 37
Profitability 86 #6 of 37 53 #18 of 37 69 #12 of 37
Financial Health 70 #18 of 57 46 #31 of 57 21 #45 of 57
Shareholder Returns 54 #13 of 27 69 #9 of 27 58 #12 of 27
Overall 64 47 63
  • EME ranked among 57 companies in Construction Services
  • J 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

PeriodEMEJROADSPY
1 month -13.9%+2.8%-11.1% -1.0%
3 months -13.0%+7.8%-19.6% +2.9%
6 months -25.6%+14.6%-30.9% +6.4%
Year to date +5.8%+9.5%-23.5% +11.4%
1 year -7.0%-9.8%-28.4% +13.1%
3 years +235.8%+32.4%+113.3% +79.4%
3 years, per year +49.8%+9.8%+28.7% +21.5%
5 years +434.5%+28.1%+142.7% +67.7%
5 years, per year +39.9%+5.1%+19.4% +10.9%
10 years +1,053.7%+246.9%— +255.2%
10 years, per year +27.7%+13.2%— +13.5%

Risk

MeasureEMEJROADSPY
Volatility, 1Y 46.0%33.0%51.4% 12.7%
Downside volatility, 1Y 48.2%35.9%47.6% 12.7%
Beta vs S&P 500, 1Y 1.940.761.79 1.00
Return / volatility, 1Y -0.15-0.30-0.55 1.03
Max drawdown, 5Y -36.2%-34.8%-54.5% -25.4%
From 52-week high -31.4%-9.9%-40.9% -2.5%
52-week high $943.75$161.00$140.48 $779.14
52-week low $581.58$107.27$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.

MultipleEMEJROAD
P/E now vs peer median 20.0xmedian 25.6x 50.5xmedian 25.6x 32.6xmedian 25.6x
P/S now vs peer median 1.5xmedian 0.8x 1.2xmedian 0.8x 1.1xmedian 0.8x
EV/EBITDA now vs peer median 13.0xmedian 12.7x 22.0xmedian 12.7x 11.9xmedian 12.7x
P/FCF now vs peer median 24.5xmedian 22.4x 26.4xmedian 22.4x 22.7xmedian 22.4x
P/B now vs peer median 7.0xmedian 2.3x 5.2xmedian 2.3x 3.8xmedian 2.3x
PEG now vs peer median 0.43median 0.57 -2.37median 0.57 0.53median 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 monthsEMEJROAD
Revenue $18.60B $14.22B $3.48B
Gross profit $3.61B $3.14B $548.10M
Operating income $1.93B $649.64M $297.95M
Net income $1.44B $301.35M $142.51M
Free cash flow $1.17B $644.54M $175.56M
EPS (diluted) $32.30 $2.85 $2.53
Cash & equivalents $924.41M $1.17B $94.55M
Total debt – $12.39B $4.22B
Shares (diluted) 44.55M 118.90M 56.27M
Enterprise value $25.90B $11.99B $4.18B

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
MetricEMEJROAD
P/E 20.0x 50.5x 32.6x
P/FCF 24.5x 26.4x 22.7x
P/Operating cash flow 22.2x 23.1x 11.3x
P/S 1.5x 1.2x 1.1x
P/B 7.0x 5.2x 3.8x
P/Tangible book 9.5x 6.4x 4.1x
EV/EBITDA 13.0x 22.0x 11.9x
EV/EBIT 14.4x 29.9x 19.0x
EV/Revenue 1.5x 1.4x 1.6x
EV/FCF 23.7x 30.1x 32.3x
EV/Operating cash flow 21.5x 26.4x 16.1x
PEG (3Y EPS CAGR) 0.43 -2.37 0.53

Growth

14 metrics
MetricEMEJROAD
Revenue growth (1Y) 18.9% 20.1% 41.9%
Revenue CAGR (3Y) 16.7% 28.1% 32.9%
Gross profit growth (1Y) 18.5% 6.3% 50.7%
Gross profit CAGR (3Y) 26.3% 5.8% 47.6%
Operating income growth (1Y) 29.9% -23.4% 75.5%
Operating income CAGR (3Y) 41.7% 14.0% 73.0%
Net income growth (1Y) 30.2% -40.0% 91.2%
Net income CAGR (3Y) 43.8% -26.5% 65.9%
EPS growth (1Y) 31.5% -30.4% 89.1%
EPS CAGR (3Y) 47.0% -21.3% 61.9%
Operating cash flow growth (1Y) -0.6% 47.1% 28.2%
Operating cash flow CAGR (3Y) 20.8% -10.7% 43.0%
Free cash flow growth (1Y) -3.1% 56.4% 14.9%
Free cash flow CAGR (3Y) 20.3% -10.1% 91.2%

Profitability

14 metrics
MetricEMEJROAD
Gross margin 19.4% 22.1% 15.8%
EBITDA margin 11.5% 6.2% 13.7%
Operating margin 10.4% 4.6% 8.6%
Pretax margin 10.5% 3.6% 5.4%
Net margin 7.7% 2.4% 4.1%
FCF margin 6.3% 4.5% 5.0%
Operating cash flow margin 6.9% 5.2% 10.1%
Return on equity 36.2% 9.2% 14.1%
Return on assets 14.6% 2.5% 4.0%
Return on invested capital – 5.8% 8.1%
Return on capital employed 41.9% 8.2% 10.2%
Asset turnover 1.9x 1.2x 1.0x
Cash conversion (OCF / net income) 0.9x 2.4x 2.5x
Stock comp / revenue 0.1% 0.5% 1.2%

Financial Health

11 metrics
MetricEMEJROAD
Debt / assets – 30.5% 49.5%
Debt / equity – 1.1x 1.7x
Net debt / EBITDA – 2.7x 3.6x
Debt / FCF – 5.6x 10.2x
Liabilities / assets 59.8% 72.2% 71.2%
Equity / assets 40.2% 27.8% 28.8%
Interest coverage – 3.9x 2.7x
Current ratio 1.3x 1.3x 1.6x
Quick ratio 1.2x 1.6x 0.2x
Cash ratio 0.2x 0.3x 0.2x
Altman Z-score 6.38 2.82 2.47

Shareholder Returns

7 metrics
MetricEMEJROAD
Dividend yield 0.2% 1.0% –
Net buyback yield 1.5% 4.0% 0.8%
Shareholder yield 1.7% 5.0% 0.8%
Payout ratio (earnings) 4.0% 53.6% –
Payout ratio (FCF) 4.9% 25.1% –
Dividend growth (1Y) 26.6% 6.9% –
Dividend CAGR (3Y) 25.6% 8.9% –

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.

ConsensusEMEJROAD
Forward P/E 18.6xFY2026 21.4xFY2026 26.6xFY2026
EPS, next fiscal year $34.73FY2026 $6.78FY2026 $3.12FY2026
EPS growth, next FY +34.2%FY2026 +10.8%FY2026 +41.2%FY2026
EPS growth, the year after +10.7% +27.6% +17.3%
Revenue, next fiscal year $19.07BFY2026 $9.78BFY2026 $3.58BFY2026
Revenue growth, next FY +12.2%FY2026 -18.7%FY2026 +27.4%FY2026
Revenue growth, the year after +13.1% -0.5% +10.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersEMEJROAD
Held by institutions 93.1% 92.2% 87.7%
Institutions holding 1,235 871 360
Change in shares held, QoQ -0.1% +3.0% +2.3%
Institutions buying 659 375 190
Institutions selling 419 360 111
Buyers to sellers 1.57 1.04 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.

EMEJROAD
EME 1.00 0.06 0.43
J 0.06 1.00 0.20
ROAD 0.43 0.20 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, EME, J and ROAD?

Emcor (EME) is the largest by market capitalisation: Emcor (EME) $29.51B, Jacobs Solutions (J) $17.33B, Construction Partners (ROAD) $4.61B.

Which stock is cheaper, EME, J and ROAD?

Emcor (EME) trades on the lowest price-to-earnings ratio (Emcor (EME) 20.5x, Jacobs Solutions (J) 51.2x, Construction Partners (ROAD) 32.4x). On next year's consensus earnings, Emcor (EME) is cheapest (Emcor (EME) 18.6x, Jacobs Solutions (J) 21.4x, Construction Partners (ROAD) 26.6x). 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%, Jacobs Solutions (J) +20.1%, Construction Partners (ROAD) +41.9%.

Which company is more profitable?

Emcor (EME) has the highest net margin (Emcor (EME) 7.7%, Jacobs Solutions (J) 2.4%, Construction Partners (ROAD) 4.1%). On return on invested capital, Construction Partners (ROAD) leads (Jacobs Solutions (J) 5.8%, Construction Partners (ROAD) 8.1%).

Which stock has performed better?

Over the past year Emcor (EME) returned the most: Emcor (EME) -7.0%, Jacobs Solutions (J) -9.8%, Construction Partners (ROAD) -28.4%. Over five years, Emcor (EME) compounded fastest (Emcor (EME) +39.9%/yr, Jacobs Solutions (J) +5.1%/yr, Construction Partners (ROAD) +19.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Jacobs Solutions (J) has the highest dividend yield: Emcor (EME) 0.00%, Jacobs Solutions (J) 0.01%, Construction Partners (ROAD) 0.00%. Construction Partners (ROAD) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Jacobs Solutions (J) has been the steadiest (Emcor (EME) 46.0%, Jacobs Solutions (J) 33.0%, Construction Partners (ROAD) 51.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, EME, J 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 7. 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.