Everus Construction Group reports developments tied to its U.S. specialty contracting platform, including electrical and mechanical services and transmission and distribution work. The company serves commercial, industrial, institutional, renewables, service, transportation, utility and other customers through operating companies that perform construction, maintenance and related infrastructure services.
Recurring news themes include quarterly results, guidance, backlog trends, segment performance, project execution, investor events, leadership appointments and acquisition activity. Updates also cover service lines such as electrical and communication wiring, fire suppression systems, mechanical piping, overhead and underground electric, gas and communication infrastructure, and transmission line construction equipment.
Everus Construction Group (ECG) will participate in two investor conferences in September 2026. The company plans to attend the Jefferies Renewables, Clean Energy & Construction Conference on September 9 at the Jefferies Conference Center in New York and the D.A. Davidson Diversified Industrials & Services Conference on September 24 at the Four Seasons Nashville.
Everus executives will also be available for one-on-one meetings with registered investors during these events.
Everus Construction Group (NYSE: ECG) has completed the acquisition of Epsilon Industries, a designer and manufacturer of modular mechanical and electrical building infrastructure systems, for $295 million in cash, subject to customary closing adjustments. Everus had previously outlined the intended deal on July 31.
Epsilon operates multiple off-site modular construction facilities in the U.S. and Canada with nationwide distribution. Everus expects the acquisition to complement its existing off-site construction capabilities, broaden geographic reach, and strengthen positions in data center, advanced manufacturing and healthcare end markets. Epsilon will remain led by key members of its leadership team, including President Chris Wiederick.
Everus funded the transaction with a combination of cash on hand and borrowings under its credit facilities and plans to update its full-year 2026 financial forecast, including Epsilon’s impact, during its third quarter earnings reporting.
Everus Construction Group (NYSE: ECG) reported record second quarter 2026 results with revenues of $1.23 billion, up 33.7%, and net income of $83.9 million, up 58.9%. Diluted EPS rose 59.2% to $1.64 and EBITDA increased 52.7% to $128.6 million, with a 10.4% EBITDA margin.
Backlog reached $4.55 billion, 41.0% above Dec. 31, 2025 and 52.8% above June 30, 2025, driven mainly by electrical and mechanical growth. Operating cash flow for the first half surged to $196.8 million, free cash flow to $167.0 million, and net leverage improved to 0.3x.
Everus closed the SE&M Constructors acquisition and on July 31 entered a definitive agreement to acquire Epsilon Industries, aiming to expand modular construction and prefabrication capabilities. According to Everus, strong first-half performance and the SE&M deal led to higher 2026 guidance: revenues of $4.5–$4.7 billion (from $4.3–$4.4 billion) and EBITDA of $410–$425 million (from $345–$360 million).
Everus Construction Group (NYSE: ECG) agreed to acquire Epsilon Industries, a North American designer and manufacturer of complex modular mechanical and electrical building infrastructure systems, for $295 million in cash, subject to customary adjustments. The deal will be funded with cash on hand and borrowings under Everus’ credit facilities and is expected to close in the third quarter of 2026, pending regulatory approvals and customary conditions.
Epsilon provides off-site design-assist, custom fabrication and turnkey installation for data center, advanced manufacturing and healthcare markets, with facilities across the U.S. and Canada. For calendar 2026, Epsilon expects about $250 million in revenue and an EBITDA margin in the low double digits. Everus said the acquisition should enhance its off-site construction offerings, expand geographic reach into priority regions and be financially cash accretive, supported by Epsilon’s backlog and opportunity pipeline.
Everus Construction Group (NYSE: ECG) will release its second quarter 2026 financial results after the stock market closes on August 4, 2026. Company leadership will host a webcast at 11 a.m. EDT on August 5, 2026 to review results, discuss recent events and answer questions. The live webcast, presentation materials and replay will be available via the “Events & Presentations” section of investors.everus.com and through a dedicated Q4 link.
Everus Construction Group (NYSE: ECG) announced leadership promotions. Jason A. Behring, previously vice president of technology, becomes vice president and chief information officer. Britney A. Hendricks, formerly vice president of human resources, becomes vice president and chief human resources officer.
Both promotions were approved by the board and follow Everus becoming a stand-alone public company in late 2024. Behring joined in 1999 in IT roles, and Hendricks in 2019 in HR roles.
Everus Construction Group (NYSE: ECG) announced participation in two upcoming investor conferences in Boston.
President and CEO Jeffrey S. Thiede and VP & CFO Maximillian J Marcy will attend the KeyBanc Capital Markets Industrials & Basic Materials Conference on May 27 and the Stifel 2026 Cross Sector Insight Conference on June 2.
Everus Construction Group (NYSE: ECG) reported record first-quarter 2026 results: revenues $1.04B (+25.4%), net income $58.3M (+58.9%), diluted EPS $1.14 (+58.3%) and EBITDA $88.9M (+43.9%). Backlog was $3.68B (+20.4% YoY). The company closed the SE&M acquisition for $158M and raised 2026 guidance to $4.3–4.4B revenue and $345–360M EBITDA.
Balance sheet: $275.0M cash, gross debt $281.2M, net leverage 0.0x at quarter-end and ~0.5x pro forma after SE&M.
Everus Construction Group (NYSE: ECG) will release first-quarter 2026 results after market close on May 5, 2026. Company leadership will host a webcast at 10:30 a.m. EDT on May 6, 2026 to review results, discuss recent events, and hold Q&A.
Presentation materials will be on the Events & Presentations tab at investors.everus.com and a replay will be posted after the webcast. Participants are advised to log in early to test audio compatibility.
Everus (NYSE: ECG) announced on April 2, 2026 the acquisition of SE&M for $158 million, funded with cash on hand and potential earnout up to 8% of the purchase price. SE&M reported $109 million revenue in 2025 and EBITDA margins in the high teens.
The deal adds mechanical, electrical and plumbing capabilities, strengthens presence in the Southeast and expands exposure to pharmaceutical and industrial end markets, while driving a pro forma net leverage of approximately 0.8x.