EMCOR Group Inc
EME: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|bn | LOCK|D% | LOCK|V#L%Y&? |
New Morningstar Analyst Report - EMCOR Group
Business Strategy and Outlook
Construction-services firm EMCOR Group has succeeded in partially mitigating the cyclical nature of its legacy business via two strategies: increasing revenue contribution from recurring service contracts, and upping its exposure to growth trends. Through recent acquisitions, we think EMCOR is better positioned to benefit from two specific growth trends: increased facilities maintenance outsourcing by United States companies and strong capital investment by the oil and gas industry.
