Welcome to our dedicated page for Everus Constr Group SEC filings (Ticker: ECG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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 director Rosenthal Dale reported receiving common stock as board compensation. On February 27, 2026, he acquired 125 shares of common stock at $104.90 per share by electing stock instead of a cash retainer, bringing his direct holdings to 12,026 shares.
Everus Construction Group, Inc. files its 2025 Annual Report describing its business following its tax-free spin-off from MDU Resources and listing on the New York Stock Exchange under the symbol ECG. Everus operates through two segments: Electrical & Mechanical and Transmission & Distribution.
In 2025, Everus generated total operating revenues of $3.75 billion, up from $2.85 billion in 2024. Electrical & Mechanical produced approximately 77% of 2025 contract revenues with a 7.5% segment operating income margin, while Transmission & Distribution contributed about 23% with a 10.6% margin.
The company served about 4,000 customers across more than 44,000 projects in 2025, with its top 10 customers accounting for roughly 43% of total operating revenues and one customer representing about 17%. Everus employed approximately 9,400 people as of December 31, 2025, the majority under union agreements.
The report outlines extensive risk factors, including intense industry competition, reliance on fixed-price contracts, dependence on data center and other high-tech work, supply chain disruptions, inflation and commodity volatility, safety incidents, insurance and bonding availability, acquisition integration, cybersecurity and artificial intelligence risks, seasonality, severe weather and climate impacts, pandemics, economic and government spending cycles, and the use of significant accounting estimates.
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 disclosed that investment adviser Barrow Hanley Global Investors, a Delaware LLC, beneficially owns 1,332,526 shares of Everus common stock, representing 2.61% of the class as of 12/31/2025. Barrow Hanley reports sole power to vote and dispose of all these shares, with no shared voting or dispositive power.
The filer states the holdings were acquired and are held in the ordinary course of business, and not for the purpose of changing or influencing control of Everus or participating in any control-related transactions, other than activities solely in connection with a nomination under Rule 240.14a-11.
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. director reports open-market share purchase. A company director filed a Form 4 disclosing the acquisition of 250 shares of Everus Construction Group, Inc. common stock on 12/08/2025 in a purchase transaction at a price of $92.18 per share. Following this trade, the director now beneficially owns 2,110 shares of the company’s common stock, held directly.
Everus Construction Group, Inc. director reported a routine equity compensation transaction. On 11/28/2025, the reporting person acquired 144 shares of common stock at $90.87 per share under the company’s director compensation policy, electing to receive stock instead of a cash retainer for board service. Following this transaction, the director beneficially owns 11,901 shares of Everus Construction Group common stock, held directly.
Barrow Hanley Global Investors filed a Schedule 13G reporting beneficial ownership of 2,665,008 shares of Everus Construction Group common stock, representing 5.22% of the class as of 09/30/2025.
The filer reports sole voting power and sole dispositive power over 2,665,008 shares, with no shared voting or dispositive power. The certification states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control.
Barrow Hanley is identified as a Delaware LLC investment adviser. This is a disclosure of ownership; it does not itself involve a transaction in the company’s securities.
Everus Construction Group (ECG) reported stronger Q3 2025 results. Operating revenues rose to $986,820,000 from $760,985,000 a year ago, with net income of $56,977,000 and diluted EPS of $1.11 (vs. $0.82). Operating income improved to $72,381,000.
Electrical & Mechanical led with $765,540,000 of Q3 operating revenue; Transmission & Distribution contributed $221,280,000. Year to date, operating cash flow was $108,640,000. Cash, cash equivalents and restricted cash were $149,167,000 at September 30, 2025.
The company highlighted contract estimate changes that positively impacted results, adding approximately $51.6 million to operating revenues in Q3 and $37.9 million to net income, which lifted diluted EPS by $0.74. Remaining performance obligations were $2.69 billion, including $2.23 billion expected within 12 months. Long‑term debt consisted primarily of a term loan with $288,750,000 outstanding. Shares outstanding were 51,006,575 as of November 3, 2025.
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).