Everus Construction Group, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data Everus Construction Group, Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2022	FY2024	FY2024	FY2025
Revenue	2,699	2,854	2,850	3,746
Cost of revenue	2,423	2,532	2,510	3,292
Gross profit	276	322	339	454
Selling, general and administrative	111	131	150	189
Operating income	165	191	190	265
Interest expense	6.35	17	14	21.5
Interest income		0	0	4.57
Other non-operating income	1.38	3.98	4.88
Pre-tax income	160	178	181	258
Income tax	40.8	45.3	49.5	72.3
Net income	125	137	143	202
EBITDA	184	212	213	293
EPS, basic	2.45	2.69	2.81	3.95
EPS, diluted	2.45	2.69	2.81	3.95
Shares, basic (weighted)	51	51	51	51
Shares, diluted (weighted)	51	51	51.1	51.1

Balance sheet

	FY2022	FY2024	FY2024	FY2025
Cash and equivalents	2.11	1.57	86	171
Receivables		450	590	770
Inventory		42.7	43.8	45.3
Other current assets		17.7	30.4	16.9
Total current assets		729	917	1,296
Property, plant and equipment		116	134	168
Lease right-of-use assets		53.2	67	88.7
Goodwill		143	143	143
Intangible assets		2	0.12	0
Long-term investments		8.41	21.3	27.1
Other non-current assets		0.27	5.27	4.84
Total assets		1,052	1,288	1,729
Accounts payable		117	138	226
Deferred revenue	124	140	207	305
Short-term debt		0	15	15
Total current liabilities		394	513	736
Long-term debt		169	281	267
Lease liabilities		32.5	41.2	56.6
Other non-current liabilities		1.98	22.5	24.7
Total liabilities		604	866	1,099
Total debt		169	296	282
Paid-in capital		136	138	144
Retained earnings		313	284	486
Shareholders' equity	382	449	423	630
Total equity	382	449	423	630
Total liabilities and equity		1,052	1,288	1,729
Shares outstanding		0	51	51

Cash flow statement

	FY2022	FY2024	FY2024	FY2025
Net income	125	137	143	202
Depreciation and amortization	19.2	21.1	23.4	28.7
Stock-based compensation	1.07	0.8	1.56	6.31
Deferred income tax	1.06	-3.11	1.63	6.34
Change in inventory	-15.8	-5.87	-1.04	-1.52
Change in payables	66.5	-21.8	14.3	88.4
Cash from operations	-25.5	171	163	157
Capital expenditures	-35.8	-35.6	-48.3	-66.8
Cash from investing	-24.6	-20	-37.1	-56.8
Debt issued		0	300	0
Cash from financing	51.5	-152	-41.9	-15.6
Net change in cash	1.44	-0.55	84.4	84.5
Free cash flow	-61.3	136	115	90
Interest paid	5.75	16.8	14.8	19.7
Income taxes paid	33.2	52.3	50.2	77.8

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $116.94 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	13.0%	Gross profit / revenue.
Operating margin	7.8%	Operating income / revenue.
EBITDA margin	8.5%	EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin	7.7%	Pre-tax income / revenue.
Net margin	6.0%	Net income / revenue.
FCF margin	5.9%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	7.5%	Cash from operations / revenue.
Effective tax rate	27.2%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	32.9%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	12.4%	Net income / average total assets.
Return on invested capital (ROIC)	27.6%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
SG&A / revenue	5.3%	Selling, general and administrative expense / revenue.
Stock-based pay / revenue	0.2%	Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue	1.7%	Capital expenditures / revenue.
D&A / revenue	0.7%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	31.5%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	11.5%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y	33.8%	Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y	18.0%	Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income growth, 1y	39.4%	Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y	17.2%	Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA growth, 1y	37.6%	EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y	16.9%	Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income growth, 1y	40.7%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	17.4%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS growth, 1y	40.6%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	17.3%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow growth, 1y	-4.0%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y	-21.8%	Free cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y	49.0%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	18.1%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y	34.2%	Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y	0.1%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	0.1%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	1.59x	Current assets / current liabilities.
Quick ratio	1.18x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.19x	(Cash + short-term investments) / current liabilities.
Debt / equity	0.36x	Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets	13.3%	Total debt / total assets.
Liabilities / assets	62.4%	Total liabilities / total assets.
Net debt	$97.8M	Total debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA	0.27x	Net debt / EBITDA (twelve months), when EBITDA is positive.
Interest coverage	16.8x	Operating income / interest expense.
Working capital	$546.4M	Current assets - current liabilities.
Goodwill and intangibles / assets	13.7%	(Goodwill + intangible assets) / total assets.
Tangible book value	$490.7M	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	2.07x	Revenue / average total assets.
Fixed asset turnover	22.8x	Revenue / average property, plant and equipment.
Inventory turnover	66.7x	Cost of revenue / average inventory.
Days inventory	5 days	365 x average inventory / cost of revenue.
Receivables turnover	4.64x	Revenue / average receivables.
Days sales outstanding	79 days	365 x average receivables / revenue.
Days payables	27 days	365 x average accounts payable / cost of revenue.
Cash conversion cycle	57 days	Days inventory + days sales outstanding - days payables.
FCF conversion	98.4%	Free cash flow / net income, when net income is positive.
Capex / operating cash flow	22.0%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	$4.97	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share	$83.30	Revenue / diluted weighted shares.
FCF per share	$4.89	Free cash flow / diluted weighted shares.
Operating cash flow per share	$6.27	Cash from operations / diluted weighted shares.
Book value per share	$15.14	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$9.61	Tangible book value / shares outstanding.
Cash per share	$3.46	(Cash + short-term investments) / shares outstanding.

Valuation

Metric	Value	How it is calculated
Market cap	$5.97B	Share price x shares outstanding.
Enterprise value	$6.07B	Market cap + total debt - cash - short-term investments.
P/E	23.5x	Market cap / net income. Only when net income is positive.
P/S	1.40x	Market cap / revenue.
P/B	7.72x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	12.2x	Market cap / tangible book value, when positive.
P/FCF	23.9x	Market cap / free cash flow. Only when free cash flow is positive.
P/OCF	18.6x	Market cap / cash from operations, when positive.
EV/Sales	1.42x	Enterprise value / revenue.
EV/EBIT	18.4x	Enterprise value / operating income, when both are positive.
EV/EBITDA	16.8x	Enterprise value / EBITDA, when both are positive.
EV/FCF	24.2x	Enterprise value / free cash flow, when both are positive.
FCF yield	4.2%	Free cash flow / market cap.
Earnings yield	4.3%	Net income / market cap (the inverse of P/E).
PEG	1.36x	P/E / EPS growth per year over 3 years (in percent). Only when both are positive.

What was Everus Construction Group, Inc.'s revenue in fiscal 2025?

Everus Construction Group, Inc. reported revenue of $3.75B for fiscal 2025, 31.5% higher than the year before.

Was Everus Construction Group, Inc. profitable in fiscal 2025?

Yes. Net income was $201.8M, a net margin of 5.4%.

How much free cash flow did Everus Construction Group, Inc. generate in fiscal 2025?

Cash from operations of $156.8M minus capital expenditures of $66.8M left free cash flow of $90.0M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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