Every 8-K that Everus Construction Group, Inc. (ECG) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow ECG and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ECG filings page.
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 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.
Everus Construction Group, Inc. reported the results of its Annual Meeting of Stockholders held on May 12, 2026. Stockholders voted on three proposals.
All eight director nominees were elected, each receiving more votes “for” than “against.” An advisory vote on executive compensation passed, with 38,751,045 shares voting for, 1,389,325 against and 164,861 abstaining, alongside 5,900,763 broker non-votes. Stockholders also ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for 2026, with 45,964,113 shares for, 115,052 against and 126,829 abstaining.
Everus Construction Group delivered a strong first quarter 2026, with revenues rising 25.4% to $1.04 billion and net income up 58.9% to $58.3 million, or $1.14 per diluted share. EBITDA grew 43.9% to $88.9 million, and backlog reached $3.68 billion, up 20.4% from a year earlier.
The E&M and T&D segments both posted double‑digit revenue growth and higher margins, while operating cash flow surged to $143.7 million, driving free cash flow of $131.9 million. The company also closed the $158 million SE&M acquisition and reduced net leverage to 0.0x.
On the back of these results and the SE&M deal, Everus raised its 2026 outlook, now expecting revenues of $4.3–$4.4 billion and EBITDA of $345–$360 million, while keeping planned capital expenditures at $90–$100 million.
Everus Construction Group completed the acquisition of SE&M Constructors, SE&M of the Triangle and SECO Rentals for $158 million, funded with cash on hand. SE&M generated $109 million of revenue in 2025 with EBITDA margins in the high teens and capital spending under 1% of revenue.
SE&M is a North Carolina-based mechanical, electrical and plumbing contractor with more than 200 skilled craft laborers and a strong focus on pharmaceutical, complex industrial and health care customers. The business derives about 65% of revenue from mechanical services and a large share from maintenance and retrofit work, supporting recurring revenue and high renewal rates.
The deal broadens Everus’ mechanical services footprint in the Southeast and deepens exposure to industrial and pharmaceutical end markets, with limited customer overlap and potential commercial synergies across Everus’ brands. Management highlighted a pro forma net leverage level of 0.8x, indicating balance sheet capacity for further organic investments and acquisitions.
Everus Construction Group, Inc. filed an amended current report to update details on its change of independent auditor. The amendment specifies that Deloitte & Touche LLP was dismissed as the company’s independent registered public accounting firm on February 25, 2026, after completing the audits of the consolidated financial statements and internal control over financial reporting for the year ended December 31, 2025. Deloitte’s audit reports for 2025 and 2024 contained no adverse opinions, disclaimers of opinion, or qualifications. The company reports there were no disagreements or reportable events with Deloitte as defined under SEC rules. On January 14, 2026, the Audit Committee appointed KPMG LLP as the new independent registered public accounting firm for the fiscal year ending December 31, 2026, beginning with the review of the quarter ending March 31, 2026. Everus states it did not consult KPMG on accounting or auditing matters before this appointment.
Everus Construction Group reported a very strong fourth quarter and full-year 2025. Fourth quarter revenues were $1.01 billion, up 33.1%, with net income of $55.3 million and diluted EPS of $1.08, both rising about 61%. EBITDA reached $84.8 million and backlog grew to $3.23 billion, up 16.1% year-over-year.
For 2025, revenues climbed 31.5% to $3.75 billion, while net income increased 40.7% to $201.8 million and EBITDA rose 37.7% to $319.8 million, expanding margins. The company ended the year with $170.5 million in cash and net leverage of 0.4x, and issued 2026 guidance for revenues of $4.1–$4.2 billion and EBITDA of $320–$335 million.
Everus Construction Group, Inc. reported that its Audit Committee has approved a change in independent auditors. Deloitte & Touche LLP will be dismissed as the company’s independent registered public accounting firm, effective immediately after Deloitte completes the audit of the consolidated financial statements for the fiscal year ending December 31, 2025 and the audit of internal control over financial reporting as of December 31, 2025, and issues its reports.
The company states that Deloitte’s audit reports on the fiscal years ended December 31, 2024 and 2023 did not contain adverse opinions, disclaimers, or qualifications, and that there were no disagreements or reportable events with Deloitte during those periods and the subsequent interim period described. Deloitte has been asked to provide a letter to the SEC agreeing with these statements, which is furnished as Exhibit 16.1.
On the same date, the Audit Committee appointed KPMG LLP as the new independent registered public accounting firm for the fiscal year ending December 31, 2026, with the engagement effective beginning with the review of the company’s condensed consolidated financial statements for the quarter ending March 31, 2026. The company reports that it did not consult KPMG on accounting or auditing matters described as disagreements or reportable events before this appointment.
Everus Construction Group, Inc. filed an 8-K announcing it has furnished a press release with its third-quarter 2025 results. The release, dated November 4, 2025, is attached as Exhibit 99.1 and is incorporated by reference. The disclosure is provided under Item 2.02 (Results of Operations and Financial Condition) and Item 7.01 (Regulation FD).
Everus Construction Group, Inc. furnished a current report stating it issued a press release announcing its second quarter 2025 results. The press release is being furnished to the SEC as Exhibit 99.1, and the filing includes an interactive cover page data file as Exhibit 104. The 8-K communicates that the company has publicly disclosed its Q2 2025 operating results via a press release; the filing text provided here does not contain the detailed financial figures or tables. Review Exhibit 99.1 for the full metrics and narrative.