NYSE$ECG
Everus Construction Group Inc · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Everus Construction Group reported strong Q4 2024 results with revenue increasing 19.5% year-over-year to $759.7 million. Net income declined to $34.4 million, impacted by higher SG&A and interest expenses following the company’s spinoff. Adjusted EBITDA was $58.3 million, with a margin of 7.7%. Segment growth was led by Electrical & Mechanical (E&M), which grew 20.9%, and Transmission & Distribution (T&D), which increased 15.2%.
Headline financials
Revenue & EPS history
Everus Construction Group Inc · Revenue · Quarterly
$760M
Revenue by segment
Everus Construction Group Inc · $721M total across 2 segments · Q3 2023
- Electrical and Mechanical$517M—71.7%
- Transmission and Distribution$205M—28.3%
Forward guidance
Everus expects FY 2025 revenue between $3.0 billion and $3.1 billion, with EBITDA projected in the range of $210 million to $225 million. EBITDA margin is expected to decline due to public company stand-up costs and project mix changes.
Tailwinds
- Strong revenue guidance of $3.0B to $3.1B, signaling continued growth.
- Robust backlog of $2.8B, up 38.3% year-over-year, supporting future revenue.
- Strategic focus on organic growth and acquisitions to enhance market position.
- Increased capital expenditure plan of $65M-$70M for operational expansion.
- Well-positioned for long-term financial stability post-spinoff.
Headwinds
- EBITDA margin expected to decline due to higher operating costs.
- Increased SG&A expenses from standalone public company operations.
- Potential project timing delays could affect near-term profitability.
- Macroeconomic uncertainties may impact construction demand.
- Higher interest expenses due to leveraged capital structure.
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 Q4 2024
+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
| Quarter | Report date | Reaction (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
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