Everus Construction Group, Inc. provides contracting services in the United States. It operates through two segments, Electrical & Mechanical and Transmission & Distribution. The Electrical & Mechanical segment provides construction and maintenance services of electrical and communication wiring, and infrastructure; fire suppression systems; and renewables infrastructure and mechanical piping services in public and private sectors. The Transmission & Distribution segment offers construction and maintenance of overhead and underground electrical, gas, and communication infrastructure and transportation related lighting, as well as design, manufacturing, and distribution of overhead and underground transmission line construction equipment and tools. It serves utilities, manufacturing, transportation, commercial, industrial, institutional, renewables, and governmental customers. The company was incorporated in 2024 and is headquartered in Bismarck, North Dakota.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $3.7B | $308M | $202M | $90M | 32.0% | 31.5% | 40.7% |
| 2024 | $2.8B | $220M | $143M | $115M | 33.9% | -0.2% | 4.5% |
| 2023 | $2.9B | $218M | $137M | $136M | 30.6% | 5.7% | 10.0% |
| 2022 | $2.7B | $187M | $125M | $-61M | 32.6% | - | - |
| 2021 |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 2,699.25 | 2,854.39 | 2,849.68 | 3,746.39 |
| Cost Of Revenue | - | 2,423.20 | 2,532.47 | 2,510.23 | 3,292.30 |
| Gross Profit | - | 276.05 | 321.92 | 339.45 | 454.09 |
| Operating Expense | - | 111.40 | 131.38 | 149.54 | 189.34 |
| Operating Income | - | 164.64 | 190.54 | 189.91 | 264.75 |
| EBITDA | - | 187.49 | 217.67 | 220.05 | 308.06 |
| EBIT | - | 166.02 | 194.52 | 194.78 | 279.26 |
| Pretax Income | - | 159.67 | 177.57 | 180.76 | 257.81 |
| Tax Provision | - | 40.79 | 45.29 | 49.52 | 72.31 |
| Net Income | - | 124.78 | 137.23 | 143.42 | 201.77 |
| Net Income Common Stockholders | - | 124.78 | 137.23 | 143.42 | 201.77 |
| Total Expenses | - | 2,534.61 | 2,663.85 | 2,659.78 | 3,481.64 |
| Interest Expense | - | 6.35 | 16.95 | 14.02 | 21.45 |
| Interest Income | - | - | 0 | 0 | 4.57 |
| Selling General And Administration | - | 111.40 | 131.38 | 149.54 | 189.34 |
| Normalized EBITDA | - | 187.49 | 217.67 | 220.05 | 308.06 |
| Normalized Income | - | 124.78 | 137.23 | 143.42 | 201.77 |
| Market Cap | 6,944.72 | 6,944.72 | 6,944.72 | 6,944.72 | 6,944.72 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Everus Construction Group, Inc.this co. | ECG | - | 34.42β premium | 11.03 | 32.0% | 23.20 |
| Pitney Bowes Inc. | PBI | $2.7B | 16.10 | -2.90 | -18.0% | 10.27 |
| DXP Enterprises, Inc. | DXPE | $2.7B | 29.67 | 5.28 | 17.8% | 14.78 |
| Hub Group, Inc. | HUBG | $2.6B | 25.22 | 1.59 | 6.3% | 8.93 |
| The GEO Group, Inc. | GEO | $2.6B |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 9.82 |
| 1.66 |
| 16.9% |
| 6.62 |
| Trinity Industries, Inc. | TRN | $2.6B | 10.02 | 2.35 | 23.5% | 8.15 |
| Robert Half Inc. | RHI | $2.6B | 19.72 | 2.06 | 10.4% | 15.20 |
| ABM Industries Incorporated | ABM | $2.5B | 14.47 | 1.32 | 9.1% | 9.30 |
| Alamo Group Inc. | ALG | $2.1B | 20.15 | 1.82 | 9.0% | 9.51 |
| Peer Median | - | 17.91 | 1.74 | 9.8% | 9.40 | |