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Side-by-side financial comparison of EMCOR Group, Inc. (EME) and PAN AMERICAN SILVER CORP (PAAS). Click either name above to swap in a different company.

EMCOR Group, Inc. is the larger business by last-quarter revenue ($4.6B vs $2.8B, roughly 1.6× PAN AMERICAN SILVER CORP).

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

Pan American Silver Corporation is a mining company based in Canada with operations in Latin America. The company has mines and other projects in Mexico, Peru, Bolivia, and Argentina.

EME vs PAAS — Head-to-Head

Bigger by revenue
EME
EME
1.6× larger
EME
$4.6B
$2.8B
PAAS

Income Statement — Q1 FY2026 vs Q3 FY2022

Metric
EME
EME
PAAS
PAAS
Revenue
$4.6B
$2.8B
Net Profit
$305.5M
Gross Margin
18.7%
27.0%
Operating Margin
8.7%
Net Margin
6.6%
Revenue YoY
19.7%
Net Profit YoY
26.9%
EPS (diluted)
$6.84
$-1.05

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
PAAS
PAAS
Q1 26
$4.6B
Q4 25
$4.5B
Q3 25
$4.3B
Q2 25
$4.3B
Q1 25
$3.9B
Q4 24
$3.8B
Q3 24
$3.7B
Q2 24
$3.7B
Net Profit
EME
EME
PAAS
PAAS
Q1 26
$305.5M
Q4 25
$434.6M
Q3 25
$295.4M
Q2 25
$302.2M
Q1 25
$240.7M
Q4 24
$292.2M
Q3 24
$270.3M
Q2 24
$247.6M
Gross Margin
EME
EME
PAAS
PAAS
Q1 26
18.7%
Q4 25
19.7%
Q3 25
19.4%
Q2 25
19.4%
Q1 25
18.7%
Q4 24
20.1%
Q3 24
19.9%
Q2 24
18.7%
Operating Margin
EME
EME
PAAS
PAAS
Q1 26
8.7%
Q4 25
12.7%
Q3 25
9.4%
Q2 25
9.6%
Q1 25
8.2%
Q4 24
10.3%
Q3 24
9.8%
Q2 24
9.1%
Net Margin
EME
EME
PAAS
PAAS
Q1 26
6.6%
Q4 25
9.6%
Q3 25
6.9%
Q2 25
7.0%
Q1 25
6.2%
Q4 24
7.7%
Q3 24
7.3%
Q2 24
6.8%
EPS (diluted)
EME
EME
PAAS
PAAS
Q1 26
$6.84
Q4 25
$9.64
Q3 25
$6.57
Q2 25
$6.72
Q1 25
$5.26
Q4 24
$6.30
Q3 24
$5.80
Q2 24
$5.25

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EME
EME
PAAS
PAAS
Q1 26
$916.4M
Q4 25
$1.1B
Q3 25
$655.1M
Q2 25
$486.0M
Q1 25
$576.7M
Q4 24
$1.3B
Q3 24
$1.0B
Q2 24
$807.3M
Stockholders' Equity
EME
EME
PAAS
PAAS
Q1 26
$3.9B
Q4 25
$3.7B
Q3 25
$3.3B
Q2 25
$3.1B
Q1 25
$2.9B
Q4 24
$2.9B
Q3 24
$2.8B
Q2 24
$2.7B
Total Assets
EME
EME
PAAS
PAAS
Q1 26
$9.5B
Q4 25
$9.3B
Q3 25
$8.6B
Q2 25
$8.4B
Q1 25
$8.1B
Q4 24
$7.7B
Q3 24
$7.3B
Q2 24
$7.1B

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
PAAS
PAAS
Operating Cash FlowLast quarter
$558.0K
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.00×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EME
EME
PAAS
PAAS
Q1 26
$558.0K
Q4 25
$524.4M
Q3 25
$475.5M
Q2 25
$193.7M
Q1 25
$108.5M
Q4 24
$469.5M
Q3 24
$526.4M
Q2 24
$279.7M
Free Cash Flow
EME
EME
PAAS
PAAS
Q1 26
Q4 25
$492.5M
Q3 25
$448.8M
Q2 25
$165.6M
Q1 25
$82.3M
Q4 24
$451.8M
Q3 24
$508.7M
Q2 24
$260.4M
FCF Margin
EME
EME
PAAS
PAAS
Q1 26
Q4 25
10.9%
Q3 25
10.4%
Q2 25
3.8%
Q1 25
2.1%
Q4 24
12.0%
Q3 24
13.8%
Q2 24
7.1%
Capex Intensity
EME
EME
PAAS
PAAS
Q1 26
Q4 25
0.7%
Q3 25
0.6%
Q2 25
0.7%
Q1 25
0.7%
Q4 24
0.5%
Q3 24
0.5%
Q2 24
0.5%
Cash Conversion
EME
EME
PAAS
PAAS
Q1 26
0.00×
Q4 25
1.21×
Q3 25
1.61×
Q2 25
0.64×
Q1 25
0.45×
Q4 24
1.61×
Q3 24
1.95×
Q2 24
1.13×

Financial Flow Comparison

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

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