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

EMCOR Group, Inc. is the larger business by last-quarter revenue ($4.6B vs $4.4B, roughly 1.0× Venture Global, Inc.). Venture Global, Inc. runs the higher net margin — 26.8% vs 6.6%, a 20.2% gap on every dollar of revenue. On growth, Venture Global, Inc. posted the faster year-over-year revenue change (191.7% vs 19.7%). Over the past eight quarters, Venture Global, Inc.'s revenue compounded faster (77.3% CAGR vs 12.3%).

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

S&P Global Inc. is an American publicly traded corporation headquartered in Manhattan, New York. Its primary areas of business are financial information, analytics, and energy and commodities intelligence. It is the parent company of S&P Global Ratings, S&P Global Energy, S&P Global Market Intelligence, S&P Global Mobility, and the Indian credit rating agency CRISIL. It is also the majority owner of the S&P Dow Jones Indices joint venture. "S&P" is a shortening of "Standard and Poor's".

EME vs VG — Head-to-Head

Bigger by revenue
EME
EME
1.0× larger
EME
$4.6B
$4.4B
VG
Growing faster (revenue YoY)
VG
VG
+172.0% gap
VG
191.7%
19.7%
EME
Higher net margin
VG
VG
20.2% more per $
VG
26.8%
6.6%
EME
Faster 2-yr revenue CAGR
VG
VG
Annualised
VG
77.3%
12.3%
EME

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
EME
EME
VG
VG
Revenue
$4.6B
$4.4B
Net Profit
$305.5M
$1.2B
Gross Margin
18.7%
Operating Margin
8.7%
38.7%
Net Margin
6.6%
26.8%
Revenue YoY
19.7%
191.7%
Net Profit YoY
26.9%
20.3%
EPS (diluted)
$6.84
$0.41

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
VG
VG
Q1 26
$4.6B
Q4 25
$4.5B
$4.4B
Q3 25
$4.3B
$3.3B
Q2 25
$4.3B
$3.1B
Q1 25
$3.9B
$2.9B
Q4 24
$3.8B
$1.5B
Q3 24
$3.7B
$926.0M
Q2 24
$3.7B
$1.1B
Net Profit
EME
EME
VG
VG
Q1 26
$305.5M
Q4 25
$434.6M
$1.2B
Q3 25
$295.4M
$550.0M
Q2 25
$302.2M
$475.0M
Q1 25
$240.7M
$517.0M
Q4 24
$292.2M
$990.0M
Q3 24
$270.3M
$-294.0M
Q2 24
$247.6M
$352.0M
Gross Margin
EME
EME
VG
VG
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
VG
VG
Q1 26
8.7%
Q4 25
12.7%
38.7%
Q3 25
9.4%
39.7%
Q2 25
9.6%
33.5%
Q1 25
8.2%
37.3%
Q4 24
10.3%
39.0%
Q3 24
9.8%
20.4%
Q2 24
9.1%
32.8%
Net Margin
EME
EME
VG
VG
Q1 26
6.6%
Q4 25
9.6%
26.8%
Q3 25
6.9%
16.5%
Q2 25
7.0%
15.3%
Q1 25
6.2%
17.9%
Q4 24
7.7%
65.0%
Q3 24
7.3%
-31.7%
Q2 24
6.8%
31.8%
EPS (diluted)
EME
EME
VG
VG
Q1 26
$6.84
Q4 25
$9.64
$0.41
Q3 25
$6.57
$0.16
Q2 25
$6.72
$0.14
Q1 25
$5.26
$0.15
Q4 24
$6.30
$0.35
Q3 24
$5.80
$-0.15
Q2 24
$5.25
$0.12

Balance Sheet & Financial Strength

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

Metric
EME
EME
VG
VG
Cash + ST InvestmentsLiquidity on hand
$916.4M
$2.4B
Total DebtLower is stronger
$34.2B
Stockholders' EquityBook value
$3.9B
$6.7B
Total Assets
$9.5B
$53.4B
Debt / EquityLower = less leverage
5.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EME
EME
VG
VG
Q1 26
$916.4M
Q4 25
$1.1B
$2.4B
Q3 25
$655.1M
$1.9B
Q2 25
$486.0M
$2.2B
Q1 25
$576.7M
$3.6B
Q4 24
$1.3B
$3.6B
Q3 24
$1.0B
Q2 24
$807.3M
Total Debt
EME
EME
VG
VG
Q1 26
Q4 25
$34.2B
Q3 25
$32.6B
Q2 25
$30.0B
Q1 25
$29.3B
Q4 24
$29.3B
Q3 24
Q2 24
Stockholders' Equity
EME
EME
VG
VG
Q1 26
$3.9B
Q4 25
$3.7B
$6.7B
Q3 25
$3.3B
$5.7B
Q2 25
$3.1B
$5.3B
Q1 25
$2.9B
$4.9B
Q4 24
$2.9B
$2.9B
Q3 24
$2.8B
Q2 24
$2.7B
Total Assets
EME
EME
VG
VG
Q1 26
$9.5B
Q4 25
$9.3B
$53.4B
Q3 25
$8.6B
$50.1B
Q2 25
$8.4B
$46.5B
Q1 25
$8.1B
$45.1B
Q4 24
$7.7B
$43.5B
Q3 24
$7.3B
Q2 24
$7.1B
Debt / Equity
EME
EME
VG
VG
Q1 26
Q4 25
5.07×
Q3 25
5.73×
Q2 25
5.69×
Q1 25
6.01×
Q4 24
10.11×
Q3 24
Q2 24

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
VG
VG
Operating Cash FlowLast quarter
$558.0K
$2.1B
Free Cash FlowOCF − Capex
$-1.5B
FCF MarginFCF / Revenue
-34.1%
Capex IntensityCapex / Revenue
81.6%
Cash ConversionOCF / Net Profit
0.00×
1.77×
TTM Free Cash FlowTrailing 4 quarters
$-6.8B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EME
EME
VG
VG
Q1 26
$558.0K
Q4 25
$524.4M
$2.1B
Q3 25
$475.5M
$1.9B
Q2 25
$193.7M
$1.5B
Q1 25
$108.5M
$1.1B
Q4 24
$469.5M
Q3 24
$526.4M
Q2 24
$279.7M
Free Cash Flow
EME
EME
VG
VG
Q1 26
Q4 25
$492.5M
$-1.5B
Q3 25
$448.8M
$-1.4B
Q2 25
$165.6M
$-1.5B
Q1 25
$82.3M
$-2.4B
Q4 24
$451.8M
Q3 24
$508.7M
Q2 24
$260.4M
FCF Margin
EME
EME
VG
VG
Q1 26
Q4 25
10.9%
-34.1%
Q3 25
10.4%
-42.4%
Q2 25
3.8%
-49.1%
Q1 25
2.1%
-81.3%
Q4 24
12.0%
Q3 24
13.8%
Q2 24
7.1%
Capex Intensity
EME
EME
VG
VG
Q1 26
Q4 25
0.7%
81.6%
Q3 25
0.6%
98.9%
Q2 25
0.7%
96.1%
Q1 25
0.7%
119.8%
Q4 24
0.5%
Q3 24
0.5%
Q2 24
0.5%
Cash Conversion
EME
EME
VG
VG
Q1 26
0.00×
Q4 25
1.21×
1.77×
Q3 25
1.61×
3.42×
Q2 25
0.64×
3.07×
Q1 25
0.45×
2.15×
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.

Revenue Breakdown by Segment

EME
EME

Segment breakdown not available.

VG
VG

Plaquemines Project Segment$3.4B76%
Calcasieu Project Segment$841.0M19%
Other$208.0M5%

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