vs
Side-by-side financial comparison of EMCOR Group, Inc. (EME) and Principal Financial Group (PFG). Click either name above to swap in a different company.
EMCOR Group, Inc. is the larger business by last-quarter revenue ($4.6B vs $4.6B, roughly 1.0× Principal Financial Group). Principal Financial Group runs the higher net margin — 11.3% vs 6.6%, a 4.7% gap on every dollar of revenue. On growth, EMCOR Group, Inc. posted the faster year-over-year revenue change (19.7% vs -3.7%). Over the past eight quarters, EMCOR Group, Inc.'s revenue compounded faster (12.3% CAGR vs 6.3%).
EMCOR Group, Inc., is an engineering, construction, and property management company headquartered in Norwalk, Connecticut.
Principal Financial GroupPFGEarnings & Financial Report
Principal Financial Group, Inc. (PFG) is an American global financial investment management and insurance company headquartered in Des Moines, Iowa, United States.
EME vs PFG — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $4.6B | $4.6B |
| Net Profit | $305.5M | $517.0M |
| Gross Margin | 18.7% | — |
| Operating Margin | 8.7% | — |
| Net Margin | 6.6% | 11.3% |
| Revenue YoY | 19.7% | -3.7% |
| Net Profit YoY | 26.9% | -42.9% |
| EPS (diluted) | $6.84 | $2.30 |
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.
| Q1 26 | $4.6B | — | ||
| Q4 25 | $4.5B | $4.6B | ||
| Q3 25 | $4.3B | $3.7B | ||
| Q2 25 | $4.3B | $3.7B | ||
| Q1 25 | $3.9B | $3.7B | ||
| Q4 24 | $3.8B | $4.8B | ||
| Q3 24 | $3.7B | $3.0B | ||
| Q2 24 | $3.7B | $4.3B |
| Q1 26 | $305.5M | — | ||
| Q4 25 | $434.6M | $517.0M | ||
| Q3 25 | $295.4M | $213.8M | ||
| Q2 25 | $302.2M | $406.2M | ||
| Q1 25 | $240.7M | $48.1M | ||
| Q4 24 | $292.2M | $905.4M | ||
| Q3 24 | $270.3M | $-220.0M | ||
| Q2 24 | $247.6M | $353.1M |
| 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% | — |
| 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% | — |
| Q1 26 | 6.6% | — | ||
| Q4 25 | 9.6% | 11.3% | ||
| Q3 25 | 6.9% | 5.8% | ||
| Q2 25 | 7.0% | 11.1% | ||
| Q1 25 | 6.2% | 1.3% | ||
| Q4 24 | 7.7% | 19.1% | ||
| Q3 24 | 7.3% | -7.3% | ||
| Q2 24 | 6.8% | 8.2% |
| Q1 26 | $6.84 | — | ||
| Q4 25 | $9.64 | $2.30 | ||
| Q3 25 | $6.57 | $0.95 | ||
| Q2 25 | $6.72 | $1.79 | ||
| Q1 25 | $5.26 | $0.21 | ||
| Q4 24 | $6.30 | $3.92 | ||
| Q3 24 | $5.80 | $-0.95 | ||
| Q2 24 | $5.25 | $1.49 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $916.4M | $4.4B |
| Total DebtLower is stronger | — | $3.9B |
| Stockholders' EquityBook value | $3.9B | $11.9B |
| Total Assets | $9.5B | $341.4B |
| Debt / EquityLower = less leverage | — | 0.33× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $916.4M | — | ||
| Q4 25 | $1.1B | $4.4B | ||
| Q3 25 | $655.1M | $5.1B | ||
| Q2 25 | $486.0M | $3.7B | ||
| Q1 25 | $576.7M | $3.9B | ||
| Q4 24 | $1.3B | $4.2B | ||
| Q3 24 | $1.0B | $6.2B | ||
| Q2 24 | $807.3M | $4.8B |
| Q1 26 | — | — | ||
| Q4 25 | — | $3.9B | ||
| Q3 25 | — | $3.9B | ||
| Q2 25 | — | $3.9B | ||
| Q1 25 | — | $4.3B | ||
| Q4 24 | — | $4.0B | ||
| Q3 24 | — | $3.9B | ||
| Q2 24 | — | $3.9B |
| Q1 26 | $3.9B | — | ||
| Q4 25 | $3.7B | $11.9B | ||
| Q3 25 | $3.3B | $11.7B | ||
| Q2 25 | $3.1B | $11.4B | ||
| Q1 25 | $2.9B | $11.2B | ||
| Q4 24 | $2.9B | $11.1B | ||
| Q3 24 | $2.8B | $11.2B | ||
| Q2 24 | $2.7B | $11.0B |
| Q1 26 | $9.5B | — | ||
| Q4 25 | $9.3B | $341.4B | ||
| Q3 25 | $8.6B | $334.5B | ||
| Q2 25 | $8.4B | $323.1B | ||
| Q1 25 | $8.1B | $313.0B | ||
| Q4 24 | $7.7B | $313.7B | ||
| Q3 24 | $7.3B | $322.9B | ||
| Q2 24 | $7.1B | $308.8B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.33× | ||
| Q3 25 | — | 0.34× | ||
| Q2 25 | — | 0.34× | ||
| Q1 25 | — | 0.39× | ||
| Q4 24 | — | 0.36× | ||
| Q3 24 | — | 0.35× | ||
| Q2 24 | — | 0.36× |
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 | $558.0K | $1.7B |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 0.00× | 3.37× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $558.0K | — | ||
| Q4 25 | $524.4M | $1.7B | ||
| Q3 25 | $475.5M | $1.0B | ||
| Q2 25 | $193.7M | $811.9M | ||
| Q1 25 | $108.5M | $977.3M | ||
| Q4 24 | $469.5M | $1.5B | ||
| Q3 24 | $526.4M | $1.1B | ||
| Q2 24 | $279.7M | $1.4B |
| 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 | — |
| 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% | — |
| 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% | — |
| Q1 26 | 0.00× | — | ||
| Q4 25 | 1.21× | 3.37× | ||
| Q3 25 | 1.61× | 4.70× | ||
| Q2 25 | 0.64× | 2.00× | ||
| Q1 25 | 0.45× | 20.32× | ||
| Q4 24 | 1.61× | 1.61× | ||
| Q3 24 | 1.95× | — | ||
| Q2 24 | 1.13× | 4.05× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EME
Segment breakdown not available.
PFG
| Segment Retirement And Income Solutions | $1.6B | 36% |
| Segment Benefits And Protection | $1.1B | 23% |
| Other | $582.8M | 13% |
| Segment Principal Asset Management | $465.6M | 10% |
| Subsegment Investment Management | $449.4M | 10% |
| Administrative Service | $152.2M | 3% |
| Subsegment International Pension | $91.2M | 2% |
| Segment Corporate | $73.0M | 2% |
| Subsegment Life Insurance | $26.1M | 1% |
| Financial Service Other | $25.1M | 1% |
| Residential Mortgage | $7.4M | 0% |
| Subsegment Specialty Benefits | $3.7M | 0% |
| Deposit Account | $3.4M | 0% |
| Commission Income | $1.8M | 0% |
