Everus Construction Group SEC filings document the reporting record of a U.S. specialty contracting company with electrical and mechanical and transmission and distribution segments. The company’s Form 8-K filings cover results of operations, financial condition and Regulation FD disclosures, including segment revenue trends, backlog, EBITDA, leverage and guidance-related exhibits.
Other filings address completed acquisition activity, proxy governance, board and stockholder matters, executive compensation, equity awards and audit oversight. The filing record also includes disclosures on changes in the company’s independent registered public accounting firm and related Regulation S-K Item 304 information.
Everus Construction Group, Inc. (ECG) amended its existing credit agreement with JPMorgan Chase Bank and other lenders to refinance and expand both its term loan and revolving credit facilities. The senior secured first lien term loans were increased by $200.0 million to a total of $477.5 million, and the revolving credit commitments were increased by $125.0 million to a total of $350.0 million, with the existing $50.0 million letter-of-credit sublimit deemed outstanding under the new revolver.
The amendment provides more favorable pricing, with Term SOFR-based borrowings now carrying an applicable margin of 1.75%–2.50% (down from 2.00%–2.75%) and base rate borrowings carrying a margin of 0.75%–1.50% (down from 1.00%–1.75%), while undrawn revolver commitment fees now range from 0.25%–0.40% (down from 0.30%–0.45%), all based on the company’s consolidated total net leverage ratio. Proceeds from the new term loans are being used to refinance the prior term loans, fund the previously announced Epsilon Industries acquisition, pay related fees and expenses, and for working capital and other general corporate purposes, with future revolver borrowings available for general corporate uses, including acquisitions and other permitted investments.
Everus Construction Group, Inc. (ECG) announced that it has completed the acquisition of Epsilon Industries, a designer and manufacturer of complex modular mechanical and electrical building infrastructure systems, on September 1, 2026.
The transaction value is $295 million in cash, subject to customary closing adjustments. Epsilon operates multiple off-site modular construction facilities across the U.S. and Canada with nationwide distribution. Everus states that it expects the acquisition to complement its off-site construction capabilities, expand its geographic reach and strengthen its position in key end markets such as data centers, advanced manufacturing and healthcare.
Epsilon will continue under the leadership of key existing executives, including President Chris Wiederick. Everus funded the purchase using a combination of cash on hand and borrowings under its credit facilities. The company plans to update its full-year 2026 financial forecast to reflect Epsilon’s impact during its third-quarter earnings reporting.
Everus Construction Group, Inc. (ECG) reported that director Dale Rosenthal acquired 203 shares of common stock on 2026-08-31 as a grant/award. According to the director compensation policy, Rosenthal elected to receive stock instead of a cash retainer, bringing directly held common shares to 13,582.
Everus Construction Group, Inc. (ECG) reported that director Ryan Edward A acquired 121 shares of common stock on 2026-08-31. This was a grant/award acquisition under the company’s director compensation policy, where he elected to receive stock instead of a cash retainer. After this transaction, he directly holds 20,150 shares of Everus common stock. The transaction was valued at a reference price of $128.99 per share.
Everus Construction Group, Inc. (ECG) director David M. Sparby purchased 1,000 shares of common stock on 2026-08-17 at a price of $144.95 per share in an open-market or private transaction. Following this transaction, he directly owns 19,658 Everus Construction Group, Inc. common shares. The filing indicates the transaction was not made pursuant to a Rule 10b5-1 trading plan.
Everus Construction Group, Inc. executive Paul R. Sanderson, VP, CLO & Corporate Secretary, reported a sale of 3,300 shares of common stock on 2026-08-07. The shares were sold at an average price of $136.6901 per share, and his direct holdings after the transaction total 18,950 shares. The Rule 10b5-1 trading plan checkbox was not marked as applicable.
Everus Construction Group, Inc. reported higher Q2 2026 results, with operating revenues of $1,231,547 (in thousands) versus $921,466 (in thousands) a year earlier and net income of $83,890 (in thousands) versus $52,843 (in thousands), or diluted EPS of $1.64. For the first half of 2026, operating revenues were $2,268,500 (in thousands) and net income $142,206 (in thousands).
Results were significantly helped by favorable changes in contract estimates, which added $75.7 million to Q2 operating revenues and $56.1 million to net income, increasing diluted EPS by $1.09. Net cash from operating activities for the first six months was $196,810 (in thousands). The company acquired SE&M for $161.7 million in cash, adding $33.4 million of operating revenues and $1.8 million of net income in Q2. As of June 30, 2026, total assets were $2,057,671 (in thousands), stockholders’ equity $773,201 (in thousands), and term debt $277,500 (in thousands). Remaining performance obligations were $3.95 billion, and a single Electrical & Mechanical customer accounted for about 17.6% of Q2 operating revenues.
Everus Construction Group reported strong second quarter 2026 results, with operating revenues of $1.23 billion, up 33.7% year over year. Net income rose to $83.9 million and diluted EPS to $1.64, while EBITDA increased to $128.6 million and margins expanded at both the net income and EBITDA levels.
Backlog reached $4.55 billion as of June 30, 2026, up 41.0% from December 31, 2025. Electrical and mechanical operations led growth, and transmission and distribution also grew. Operating cash flow was $196.8 million with free cash flow of $167.0 million, and net leverage was 0.3x. The company acquired SE&M Constructors and agreed to acquire Epsilon Industries. Full‑year 2026 guidance was raised to revenues of $4.5 billion to $4.7 billion and EBITDA of $410 million to $425 million.
Everus Construction Group, Inc. entered into a definitive agreement to acquire Epsilon Industries, a designer and manufacturer of complex modular mechanical and electrical building infrastructure systems, for $295 million in cash, subject to customary adjustments. The purchase will be funded with a combination of cash on hand and borrowings under Everus’ credit facilities, and closing is expected in the third quarter of 2026, subject to regulatory approvals and other customary conditions.
Epsilon has more than 25 years of experience in off-site modular construction across North America, serving end markets such as data centers, advanced manufacturing and healthcare, with multiple facilities in the U.S. and Canada. For full-year 2026, Epsilon expects revenue of approximately $250 million with EBITDA margin in the low double digits. Everus highlights that the deal meaningfully enhances its off-site construction offerings, expands access to priority geographic markets including Florida, Texas, the Mid-Atlantic and the Northeast, and is expected to be financially cash accretive, supported by Epsilon’s strong backlog and opportunity pipeline. Epsilon’s president and other key leaders are expected to remain with the business.