Everus Construction Group Inc (ECG) AI Stock Analysis

NYSE: ECGAI research summary: business, growth, valuation, analysts, bull and bear case.

ECG AI stock analysis summary

AI Research

Everus Construction Group Inc (ECG) provides electrical, mechanical, transmission, and distribution contracting services across the United States. In FY2025, revenue grew 31.5% to $3.75B, while net income increased to $201.8M. For the trailing twelve months ended June 30, 2026, ECG generated $4.27B in revenue with an operating margin of 9.1%.

Market cap
$5.60B
Revenue (TTM)
$4.27B
P/E
22.1x
fwd 19.2x
1Y return
21.1%
S&P 500 16.8%
Avg. target
$176.00
60.5% vs last close

Bull case

  • Revenue grew 31.5% in FY2025 to reach $3.75B, supported by a 4-year revenue CAGR of 16.2%.
  • Quarterly performance accelerated in the period ended June 30, 2026, with quarterly revenue growing 33.7% and quarterly earnings up 59.2% year-over-year.
  • The company delivered $90.0M in free cash flow in FY2025 and achieved a return on equity of 39.5% over the trailing twelve months.

Bear case

  • The stock closed at $109.65, standing at -12.3% vs its 200-day average and down from its 52-week high of $171.58.
  • ECG trades at a forward P/E of 19.2x and an EV-to-EBITDA of 15.9x, both above the US-listed Industrials medians of 17.2x and 13.9x.
  • Free cash flow decreased from $115.1M in FY2024 to $90.0M in FY2025 as capital expenditures reached $66.8M.

What Everus Construction does

Everus Construction Group, Inc. provides contracting services in the United States through two segments: Electrical & Mechanical and Transmission & Distribution. The Electrical & Mechanical segment offers construction and maintenance services for electrical and communication wiring, infrastructure, fire suppression systems, renewables infrastructure, and mechanical piping across public and private sectors. The Transmission & Distribution segment handles construction and maintenance of overhead and underground electrical, gas, and communication infrastructure, along with transportation lighting and transmission equipment manufacturing. Headquartered in Bismarck, North Dakota, the company serves utilities, industrial, commercial, transportation, institutional, renewables, and government customers.

Growth and profitability

Between FY2021 and FY2025, revenue expanded from $2.05B to $3.75B, representing a 4-year CAGR of 16.2%. Net income increased from $109.4M in FY2021 to $201.8M in FY2025, with net margin improving from 5.3% to 5.4%. Revenue growth accelerated in FY2025 to 31.5%, up from -0.2% in FY2024. In the latest quarter ended June 30, 2026, quarterly revenue growth was 33.7% year-over-year, and quarterly earnings grew 59.2%. Over the trailing twelve months, revenue reached $4.27B with an operating margin of 9.1% and a profit margin of 6.0%, yielding diluted EPS of $4.97.

ECG income statement →

Balance sheet and cash flow

As of June 30, 2026, Everus Construction Group held $176.7M in cash and short-term investments against total debt of $364.1M, resulting in net debt of $187.5M. Total assets stood at $2.06B against shareholders' equity of $773.2M, with a current ratio of 1.59 and a debt-to-equity ratio of 0.47. In FY2025, operating cash flow was $156.8M, free cash flow reached $90.0M, and capital expenditures were $66.8M.

ECG balance sheet →

Valuation and performance

At a last close of $109.65 on October 16, 2026, Everus Construction Group traded at a market capitalization of $5.60B and an enterprise value of $6.06B. ECG trades at a trailing P/E of 22.1x, below the 24.8x median of its US-listed Industrials peers, while its forward P/E of 19.2x sits above the peer median of 17.2x. Its EV-to-EBITDA stands at 15.9x versus the peer median of 13.9x. Over the past year, ECG returned 21.1%, outpacing the S&P 500 return of 16.8%.

ECG key metrics →

What analysts expect

Wall Street coverage consists of 5 Strong Buy and 2 Hold ratings, with no Sell ratings. The mean price target is $176.00, representing 60.5% upside over the last close of $109.65. Analysts project FY2026 revenue of $4.71B and EPS of $5.31, implying 34.4% earnings growth. For FY2027, consensus estimates forecast revenue of $5.29B and EPS of $6.29. The company has beaten EPS expectations in each of the last 4 quarters, with its next earnings date scheduled for November 3, 2026.

ECG forecast and price target →

Key risks and what to watch

  • Total debt of $364.1M exceeds cash and short-term investments of $176.7M, leaving net debt at $187.5M.
  • Profit margins remain modest at 5.4% in FY2025 and 6.0% over the trailing twelve months.
  • Historical revenue expansion has experienced volatility, including revenue growth of -0.2% in FY2024.
  • Short interest stands at 5.2% of the float, indicating some bearish market exposure.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this ECG AI stock analysis

This page is an AI-written research summary of Everus Construction Group Inc (ECG). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: ECG income statement, ECG balance sheet, ECG key metrics, ECG analyst forecast, ECG chart. See the ECG stock overview for the latest quote and news.

ECG AI stock analysis FAQ

What does Everus Construction Group Inc do?

Everus Construction Group Inc provides contracting services across the United States. Its operations span two segments: Electrical & Mechanical, and Transmission & Distribution, serving utility, transportation, commercial, and industrial clients.

Does Everus Construction Group pay a dividend?

Everus Construction Group does not report a regular dividend payment. In FY2025, cash capital deployment included $66.8M in capital expenditures.

What are analysts' revenue and earnings estimates for ECG?

For the fiscal year ending December 31, 2026, analysts estimate revenue of $4.71B and EPS of $5.31. For the following fiscal year, revenue is projected at $5.29B with EPS of $6.29.

How did ECG perform in its latest reported quarter?

In the quarter ended June 30, 2026, ECG achieved year-over-year quarterly revenue growth of 33.7% and quarterly earnings growth of 59.2%.

What is the consensus analyst price target for ECG?

Analysts maintain a mean price target of $176.00 for ECG, representing a potential upside of 60.5% from the last close of $109.65.

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