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Side-by-side financial comparison of EMCOR Group, Inc. (EME) and CarMax (KMX). Click either name above to swap in a different company.
CarMax is the larger business by last-quarter revenue ($5.8B vs $4.5B, roughly 1.3× EMCOR Group, Inc.). EMCOR Group, Inc. runs the higher net margin — 9.6% vs 1.1%, a 8.6% gap on every dollar of revenue. On growth, EMCOR Group, Inc. posted the faster year-over-year revenue change (19.7% vs -6.9%). CarMax produced more free cash flow last quarter ($1.1B vs $492.5M). Over the past eight quarters, EMCOR Group, Inc.'s revenue compounded faster (14.7% CAGR vs 1.5%).
EMCOR Group, Inc., is an engineering, construction, and property management company headquartered in Norwalk, Connecticut.
CarMax, Inc. is a used vehicle retailer based in the United States. It operates two business segments: CarMax Sales Operations and CarMax Auto Finance. The company began as a side business of Circuit City Corporation, Inc., opening its first location in September 1993 in Richmond, Virginia. As of January 2025, CarMax operates 253 locations.
EME vs KMX — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $4.5B | $5.8B |
| Net Profit | $434.6M | $62.2M |
| Gross Margin | 19.7% | 10.2% |
| Operating Margin | 12.7% | — |
| Net Margin | 9.6% | 1.1% |
| Revenue YoY | 19.7% | -6.9% |
| Net Profit YoY | 48.8% | -50.4% |
| EPS (diluted) | $9.64 | $0.43 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $4.5B | $5.8B | ||
| Q3 25 | $4.3B | $6.6B | ||
| Q2 25 | $4.3B | $7.5B | ||
| Q1 25 | $3.9B | $6.0B | ||
| Q4 24 | $3.8B | $6.2B | ||
| Q3 24 | $3.7B | $7.0B | ||
| Q2 24 | $3.7B | $7.1B | ||
| Q1 24 | $3.4B | $5.6B |
| Q4 25 | $434.6M | $62.2M | ||
| Q3 25 | $295.4M | $95.4M | ||
| Q2 25 | $302.2M | $210.4M | ||
| Q1 25 | $240.7M | $89.9M | ||
| Q4 24 | $292.2M | $125.4M | ||
| Q3 24 | $270.3M | $132.8M | ||
| Q2 24 | $247.6M | $152.4M | ||
| Q1 24 | $197.1M | $50.3M |
| Q4 25 | 19.7% | 10.2% | ||
| Q3 25 | 19.4% | 10.9% | ||
| Q2 25 | 19.4% | 11.8% | ||
| Q1 25 | 18.7% | 11.1% | ||
| Q4 24 | 20.1% | 10.9% | ||
| Q3 24 | 19.9% | 10.8% | ||
| Q2 24 | 18.7% | 11.1% | ||
| Q1 24 | 17.2% | 10.4% |
| Q4 25 | 12.7% | — | ||
| Q3 25 | 9.4% | — | ||
| Q2 25 | 9.6% | — | ||
| Q1 25 | 8.2% | 2.0% | ||
| Q4 24 | 10.3% | 2.7% | ||
| Q3 24 | 9.8% | 2.5% | ||
| Q2 24 | 9.1% | 2.9% | ||
| Q1 24 | 7.6% | 1.2% |
| Q4 25 | 9.6% | 1.1% | ||
| Q3 25 | 6.9% | 1.4% | ||
| Q2 25 | 7.0% | 2.8% | ||
| Q1 25 | 6.2% | 1.5% | ||
| Q4 24 | 7.7% | 2.0% | ||
| Q3 24 | 7.3% | 1.9% | ||
| Q2 24 | 6.8% | 2.1% | ||
| Q1 24 | 5.7% | 0.9% |
| Q4 25 | $9.64 | $0.43 | ||
| Q3 25 | $6.57 | $0.64 | ||
| Q2 25 | $6.72 | $1.38 | ||
| Q1 25 | $5.26 | $0.58 | ||
| Q4 24 | $6.30 | $0.81 | ||
| Q3 24 | $5.80 | $0.85 | ||
| Q2 24 | $5.25 | $0.97 | ||
| Q1 24 | $4.17 | $0.31 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.1B | $204.9M |
| Total DebtLower is stronger | — | $16.6B |
| Stockholders' EquityBook value | $3.7B | $6.1B |
| Total Assets | $9.3B | $25.6B |
| Debt / EquityLower = less leverage | — | 2.74× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.1B | $204.9M | ||
| Q3 25 | $655.1M | $540.4M | ||
| Q2 25 | $486.0M | $262.8M | ||
| Q1 25 | $576.7M | $247.0M | ||
| Q4 24 | $1.3B | $271.9M | ||
| Q3 24 | $1.0B | $524.7M | ||
| Q2 24 | $807.3M | $218.9M | ||
| Q1 24 | $841.0M | $574.1M |
| Q4 25 | — | $16.6B | ||
| Q3 25 | — | $17.8B | ||
| Q2 25 | — | $18.0B | ||
| Q1 25 | — | $18.1B | ||
| Q4 24 | — | $18.1B | ||
| Q3 24 | — | $18.1B | ||
| Q2 24 | — | $18.2B | ||
| Q1 24 | — | $18.0B |
| Q4 25 | $3.7B | $6.1B | ||
| Q3 25 | $3.3B | $6.2B | ||
| Q2 25 | $3.1B | $6.3B | ||
| Q1 25 | $2.9B | $6.2B | ||
| Q4 24 | $2.9B | $6.2B | ||
| Q3 24 | $2.8B | $6.2B | ||
| Q2 24 | $2.7B | $6.2B | ||
| Q1 24 | $2.6B | $6.1B |
| Q4 25 | $9.3B | $25.6B | ||
| Q3 25 | $8.6B | $27.1B | ||
| Q2 25 | $8.4B | $27.4B | ||
| Q1 25 | $8.1B | $27.4B | ||
| Q4 24 | $7.7B | $27.3B | ||
| Q3 24 | $7.3B | $27.3B | ||
| Q2 24 | $7.1B | $27.2B | ||
| Q1 24 | $6.7B | $27.2B |
| Q4 25 | — | 2.74× | ||
| Q3 25 | — | 2.87× | ||
| Q2 25 | — | 2.86× | ||
| Q1 25 | — | 2.91× | ||
| Q4 24 | — | 2.92× | ||
| Q3 24 | — | 2.93× | ||
| Q2 24 | — | 2.95× | ||
| Q1 24 | — | 2.96× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $524.4M | $1.3B |
| Free Cash FlowOCF − Capex | $492.5M | $1.1B |
| FCF MarginFCF / Revenue | 10.9% | 19.2% |
| Capex IntensityCapex / Revenue | 0.7% | 2.4% |
| Cash ConversionOCF / Net Profit | 1.21× | 20.14× |
| TTM Free Cash FlowTrailing 4 quarters | $1.2B | $1.9B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $524.4M | $1.3B | ||
| Q3 25 | $475.5M | $785.5M | ||
| Q2 25 | $193.7M | $299.5M | ||
| Q1 25 | $108.5M | $146.4M | ||
| Q4 24 | $469.5M | $-23.4M | ||
| Q3 24 | $526.4M | $619.1M | ||
| Q2 24 | $279.7M | $-117.7M | ||
| Q1 24 | $132.3M | $309.6M |
| Q4 25 | $492.5M | $1.1B | ||
| Q3 25 | $448.8M | $654.0M | ||
| Q2 25 | $165.6M | $162.8M | ||
| Q1 25 | $82.3M | $18.8M | ||
| Q4 24 | $451.8M | $-150.6M | ||
| Q3 24 | $508.7M | $509.9M | ||
| Q2 24 | $260.4M | $-221.6M | ||
| Q1 24 | $112.0M | $199.8M |
| Q4 25 | 10.9% | 19.2% | ||
| Q3 25 | 10.4% | 9.9% | ||
| Q2 25 | 3.8% | 2.2% | ||
| Q1 25 | 2.1% | 0.3% | ||
| Q4 24 | 12.0% | -2.4% | ||
| Q3 24 | 13.8% | 7.3% | ||
| Q2 24 | 7.1% | -3.1% | ||
| Q1 24 | 3.3% | 3.6% |
| Q4 25 | 0.7% | 2.4% | ||
| Q3 25 | 0.6% | 2.0% | ||
| Q2 25 | 0.7% | 1.8% | ||
| Q1 25 | 0.7% | 2.1% | ||
| Q4 24 | 0.5% | 2.0% | ||
| Q3 24 | 0.5% | 1.6% | ||
| Q2 24 | 0.5% | 1.5% | ||
| Q1 24 | 0.6% | 2.0% |
| Q4 25 | 1.21× | 20.14× | ||
| Q3 25 | 1.61× | 8.24× | ||
| Q2 25 | 0.64× | 1.42× | ||
| Q1 25 | 0.45× | 1.63× | ||
| Q4 24 | 1.61× | -0.19× | ||
| Q3 24 | 1.95× | 4.66× | ||
| Q2 24 | 1.13× | -0.77× | ||
| Q1 24 | 0.67× | 6.16× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EME
Segment breakdown not available.
KMX
| Used Vehicles | $4.5B | 78% |
| Wholesale Vehicles | $1.1B | 19% |
| Other | $150.6M | 3% |
| Extendedprotectionplan Domain | $96.6M | 2% |
| Advertising Subscription Revenues Domain | $35.1M | 1% |
| Service Domain | $18.5M | 0% |
| Thirdpartyfinancefees Domain | $3.0M | 0% |
