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Side-by-side financial comparison of EMCOR Group, Inc. (EME) and Motorola Solutions (MSI). Click either name above to swap in a different company.

EMCOR Group, Inc. is the larger business by last-quarter revenue ($4.6B vs $2.7B, roughly 1.7× Motorola Solutions). Motorola Solutions runs the higher net margin — 13.5% vs 6.6%, a 6.9% gap on every dollar of revenue. On growth, EMCOR Group, Inc. posted the faster year-over-year revenue change (19.7% vs 7.4%). Over the past eight quarters, EMCOR Group, Inc.'s revenue compounded faster (12.3% CAGR vs 1.6%).

EMCOR Group, Inc., is an engineering, construction, and property management company headquartered in Norwalk, Connecticut.

Motorola Solutions, Inc., is an American technology company that provides safety and security products and services. Headquartered in Chicago, Illinois, the company provides critical communications, video security, and command center technologies, used by public safety agencies and enterprises. It was formed in 2011 by the division of Motorola, Inc.

EME vs MSI — Head-to-Head

Bigger by revenue
EME
EME
1.7× larger
EME
$4.6B
$2.7B
MSI
Growing faster (revenue YoY)
EME
EME
+12.3% gap
EME
19.7%
7.4%
MSI
Higher net margin
MSI
MSI
6.9% more per $
MSI
13.5%
6.6%
EME
Faster 2-yr revenue CAGR
EME
EME
Annualised
EME
12.3%
1.6%
MSI

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
EME
EME
MSI
MSI
Revenue
$4.6B
$2.7B
Net Profit
$305.5M
$366.0M
Gross Margin
18.7%
Operating Margin
8.7%
19.3%
Net Margin
6.6%
13.5%
Revenue YoY
19.7%
7.4%
Net Profit YoY
26.9%
-14.9%
EPS (diluted)
$6.84
$2.18

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.

Revenue
EME
EME
MSI
MSI
Q1 26
$4.6B
$2.7B
Q4 25
$4.5B
$3.4B
Q3 25
$4.3B
$3.0B
Q2 25
$4.3B
$2.8B
Q1 25
$3.9B
$2.5B
Q4 24
$3.8B
$3.0B
Q3 24
$3.7B
$2.8B
Q2 24
$3.7B
$2.6B
Net Profit
EME
EME
MSI
MSI
Q1 26
$305.5M
$366.0M
Q4 25
$434.6M
$649.0M
Q3 25
$295.4M
$562.0M
Q2 25
$302.2M
$513.0M
Q1 25
$240.7M
$430.0M
Q4 24
$292.2M
$611.0M
Q3 24
$270.3M
$562.0M
Q2 24
$247.6M
$443.0M
Gross Margin
EME
EME
MSI
MSI
Q1 26
18.7%
Q4 25
19.7%
52.3%
Q3 25
19.4%
51.6%
Q2 25
19.4%
51.1%
Q1 25
18.7%
51.4%
Q4 24
20.1%
51.4%
Q3 24
19.9%
51.4%
Q2 24
18.7%
51.0%
Operating Margin
EME
EME
MSI
MSI
Q1 26
8.7%
19.3%
Q4 25
12.7%
27.9%
Q3 25
9.4%
25.6%
Q2 25
9.6%
25.0%
Q1 25
8.2%
23.0%
Q4 24
10.3%
27.0%
Q3 24
9.8%
25.5%
Q2 24
9.1%
24.5%
Net Margin
EME
EME
MSI
MSI
Q1 26
6.6%
13.5%
Q4 25
9.6%
19.2%
Q3 25
6.9%
18.7%
Q2 25
7.0%
18.6%
Q1 25
6.2%
17.0%
Q4 24
7.7%
20.3%
Q3 24
7.3%
20.1%
Q2 24
6.8%
16.9%
EPS (diluted)
EME
EME
MSI
MSI
Q1 26
$6.84
$2.18
Q4 25
$9.64
$3.85
Q3 25
$6.57
$3.33
Q2 25
$6.72
$3.04
Q1 25
$5.26
$2.53
Q4 24
$6.30
$3.57
Q3 24
$5.80
$3.29
Q2 24
$5.25
$2.60

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EME
EME
MSI
MSI
Cash + ST InvestmentsLiquidity on hand
$916.4M
$886.0M
Total DebtLower is stronger
$9.0B
Stockholders' EquityBook value
$3.9B
Total Assets
$9.5B
$19.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EME
EME
MSI
MSI
Q1 26
$916.4M
$886.0M
Q4 25
$1.1B
$1.2B
Q3 25
$655.1M
$894.0M
Q2 25
$486.0M
$3.2B
Q1 25
$576.7M
$1.6B
Q4 24
$1.3B
$2.1B
Q3 24
$1.0B
$1.4B
Q2 24
$807.3M
$1.4B
Total Debt
EME
EME
MSI
MSI
Q1 26
$9.0B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
EME
EME
MSI
MSI
Q1 26
$3.9B
Q4 25
$3.7B
$2.4B
Q3 25
$3.3B
$2.3B
Q2 25
$3.1B
$2.0B
Q1 25
$2.9B
$1.6B
Q4 24
$2.9B
$1.7B
Q3 24
$2.8B
$1.3B
Q2 24
$2.7B
$802.0M
Total Assets
EME
EME
MSI
MSI
Q1 26
$9.5B
$19.1B
Q4 25
$9.3B
$19.4B
Q3 25
$8.6B
$18.8B
Q2 25
$8.4B
$16.4B
Q1 25
$8.1B
$14.4B
Q4 24
$7.7B
$14.6B
Q3 24
$7.3B
$13.9B
Q2 24
$7.1B
$13.3B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EME
EME
MSI
MSI
Operating Cash FlowLast quarter
$558.0K
$451.0M
Free Cash FlowOCF − Capex
$389.0M
FCF MarginFCF / Revenue
14.3%
Capex IntensityCapex / Revenue
2.3%
Cash ConversionOCF / Net Profit
0.00×
1.23×
TTM Free Cash FlowTrailing 4 quarters
$2.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EME
EME
MSI
MSI
Q1 26
$558.0K
$451.0M
Q4 25
$524.4M
$1.3B
Q3 25
$475.5M
$798.0M
Q2 25
$193.7M
$273.0M
Q1 25
$108.5M
$510.0M
Q4 24
$469.5M
$1.1B
Q3 24
$526.4M
$759.0M
Q2 24
$279.7M
$180.0M
Free Cash Flow
EME
EME
MSI
MSI
Q1 26
$389.0M
Q4 25
$492.5M
$1.1B
Q3 25
$448.8M
$732.0M
Q2 25
$165.6M
$225.0M
Q1 25
$82.3M
$473.0M
Q4 24
$451.8M
$984.0M
Q3 24
$508.7M
$702.0M
Q2 24
$260.4M
$112.0M
FCF Margin
EME
EME
MSI
MSI
Q1 26
14.3%
Q4 25
10.9%
33.8%
Q3 25
10.4%
24.3%
Q2 25
3.8%
8.1%
Q1 25
2.1%
18.7%
Q4 24
12.0%
32.7%
Q3 24
13.8%
25.2%
Q2 24
7.1%
4.3%
Capex Intensity
EME
EME
MSI
MSI
Q1 26
2.3%
Q4 25
0.7%
3.4%
Q3 25
0.6%
2.2%
Q2 25
0.7%
1.7%
Q1 25
0.7%
1.5%
Q4 24
0.5%
2.9%
Q3 24
0.5%
2.0%
Q2 24
0.5%
2.6%
Cash Conversion
EME
EME
MSI
MSI
Q1 26
0.00×
1.23×
Q4 25
1.21×
1.94×
Q3 25
1.61×
1.42×
Q2 25
0.64×
0.53×
Q1 25
0.45×
1.19×
Q4 24
1.61×
1.75×
Q3 24
1.95×
1.35×
Q2 24
1.13×
0.41×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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