NYSE$ECG

Everus Construction Group Inc · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Everus Construction Group reported strong Q1 2025 results with significant revenue and earnings growth, supported by a record backlog.

Everus posted a 32.1% year-over-year revenue increase in Q1 2025, driven by robust performance in the electrical and mechanical segment. Net income rose to $36.7 million with steady margins, and a record $3.1 billion backlog reinforces a positive market outlook.

  • Revenue rose 32.1% to $826.6 million, fueled by electrical and mechanical segment growth.
  • Net income reached $36.7 million, with diluted EPS of $0.72.
  • Backlog increased to a record $3.1 billion, up 40.5% YoY.
  • Free cash flow turned negative due to increased capital expenditures and working capital needs.

Headline financials

Total Revenue

$827M

No prior period
EPS (adj)

$0.72

No prior period
EBITDA

$61.8M

No prior period
EBITDA Margin

7.5%

No prior period
Net Income Margin

4.4%

No prior period
Net Income

$36.7M

No prior period
Operating Income

$51M

No prior period
Gross Profit

$92.5M

No prior period

Revenue & EPS history

Everus Construction Group Inc · Revenue · Quarterly

$827M

Q1 2025
Beat estimate in 7 of 7 quarters(100%)
ActualEstimate

Revenue by segment

Everus Construction Group Inc · $721M total across 2 segments · Q3 2023

  • Electrical and Mechanical
    $517M
  • Transmission and Distribution
    $205M

Forward guidance

Everus reaffirmed its full-year 2025 guidance based on strong Q1 results and favorable market conditions.

Tailwinds

  • Record backlog of $3.1 billion indicates sustained demand.
  • Electrical and mechanical segment growth, especially in high-tech sectors.
  • Robust project pipeline in data centers and utility infrastructure.
  • Favorable long-term demand drivers like reshoring and infrastructure investment.
  • Strong positioning to meet long-term financial targets.

Headwinds

  • Lower EBITDA margins expected due to stand-alone operating costs.
  • Increased capital expenditures may pressure cash flow.
  • Economic uncertainties could affect project timing.
  • Weather-related impacts influenced utility segment performance.
  • Lower operating cash flow compared to prior year.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 6 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+8.1%

Avg return

Earnings day

+5.7%

Avg return

5 days after

+3.5%

Avg return

30 days after

88%

7 / 8 earnings

Positive

+25.3%

Q4 2025

Best reaction

-18.2%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.5%-2.9%-10.8%
Q4 2025+25.3%+14.5%+12.6%
Q3 2025+7.6%+16.4%+5.9%
Q2 2025+4.2%+0.5%+3.8%
Q1 2025+16.6%+15.2%+15.8%
Q4 2024-18.2%-29.6%-44.4%
Q3 2023+8.3%+7.4%+11.7%
Q3 2024+20.6%+24.0%+33.2%
Q4 2023
Q2 2023

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro