EME vs. PWR
EME (EMCOR Group, Inc.) and PWR (Quanta Services, Inc.) are both stocks. Both operate in the Engineering & Construction industry within the Industrials sector. Over the past 10 years, EME returned 34.23%/yr vs 41.77%/yr for PWR. At a 0.49 correlation, their price movements are largely independent.
Performance
EME vs. PWR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EME achieves a 42.18% return, which is significantly lower than PWR's 75.44% return. Over the past 10 years, EME has underperformed PWR with an annualized return of 34.23%, while PWR has yielded a comparatively higher 41.77% annualized return.
EME
- 1D
- 3.86%
- 1M
- 2.35%
- YTD
- 42.18%
- 6M
- 39.88%
- 1Y
- 79.48%
- 3Y*
- 70.85%
- 5Y*
- 48.61%
- 10Y*
- 34.23%
PWR
- 1D
- 5.40%
- 1M
- 2.31%
- YTD
- 75.44%
- 6M
- 71.00%
- 1Y
- 105.35%
- 3Y*
- 58.50%
- 5Y*
- 52.73%
- 10Y*
- 41.77%
EME vs. PWR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EME EMCOR Group, Inc. | 42.18% | 35.05% | 111.27% | 46.03% | 16.81% | 39.93% | 6.47% | 45.18% | -26.68% | 16.09% |
PWR Quanta Services, Inc. | 75.44% | 33.70% | 46.60% | 51.70% | 24.63% | 59.50% | 77.74% | 35.84% | -22.93% | 12.22% |
Correlation
The correlation between EME and PWR is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.78 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.68 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.66 |
Correlation (All Time) Calculated using the full available price history since Feb 12, 1998 | 0.49 |
Over the past year, EME and PWR have become more correlated (0.78) than their long-term average of 0.49, meaning their price movements have been converging.
Fundamentals
EME:
$39.14B
PWR:
$112.56B
EME:
$29.65
PWR:
$7.29
EME:
29.31
PWR:
101.53
EME:
0.68
PWR:
5.03
EME:
2.20
PWR:
3.74
EME:
10.12
PWR:
12.45
EME:
$17.75B
PWR:
$29.99B
EME:
$3.47B
PWR:
$4.08B
EME:
$2.03B
PWR:
$2.40B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EME vs. PWR — Risk / Return Rank
EME
PWR
EME vs. PWR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for EMCOR Group, Inc. (EME) and Quanta Services, Inc. (PWR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EME | PWR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.76 | ||
| Sortino ratioReturn per unit of downside risk | -1.05 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.46 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.18 | 6.19 | -3.02 |
| Martin ratioReturn relative to average drawdown | 7.75 | 19.09 | -11.34 |
Loading charts...
Drawdowns
EME vs. PWR - Drawdown Comparison
The maximum EME drawdown since its inception was -70.56%, smaller than the maximum PWR drawdown of -97.07%. Use the drawdown chart below to compare losses from any high point for EME and PWR.
Loading charts...
Drawdown Indicators
| EME | PWR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.56% | -97.07% | +26.51% |
Max Drawdown (1Y)Largest decline over 1 year | -25.15% | -17.11% | -8.04% |
Max Drawdown (3Y)Largest decline over 3 years | -36.19% | -33.89% | -2.30% |
Max Drawdown (5Y)Largest decline over 5 years | -36.19% | -33.89% | -2.30% |
Max Drawdown (10Y)Largest decline over 10 years | -48.00% | -45.53% | -2.47% |
Current DrawdownCurrent decline from peak | -7.93% | -5.74% | -2.19% |
Average DrawdownAverage peak-to-trough decline | -15.36% | -46.81% | +31.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.29% | 5.54% | +4.75% |
Volatility
EME vs. PWR - Volatility Comparison
The current volatility for EMCOR Group, Inc. (EME) is 10.72%, while Quanta Services, Inc. (PWR) has a volatility of 12.91%. This indicates that EME experiences smaller price fluctuations and is considered to be less risky than PWR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EME | PWR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.72% | 12.91% | -2.19% |
Volatility (6M)Calculated over the trailing 6-month period | 26.27% | 29.92% | -3.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.91% | 37.65% | +1.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.43% | 35.83% | -2.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.07% | 33.85% | -0.78% |
Dividends
EME vs. PWR - Dividend Comparison
EME's dividend yield for the trailing twelve months is around 0.15%, more than PWR's 0.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EME EMCOR Group, Inc. | 0.15% | 0.16% | 0.20% | 0.32% | 0.36% | 0.41% | 0.35% | 0.37% | 0.54% | 0.39% | 0.45% | 0.67% |
PWR Quanta Services, Inc. | 0.06% | 0.09% | 0.09% | 0.15% | 0.25% | 0.16% | 0.29% | 0.42% | 0.13% | 0.00% | 0.00% | 0.00% |
Financials
EME vs. PWR - Financials Comparison
This section allows you to compare key financial metrics between EMCOR Group, Inc. and Quanta Services, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
EME vs. PWR - Profitability Comparison
EME - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, EMCOR Group, Inc. reported a gross profit of 863.95M and revenue of 4.63B. Therefore, the gross margin over that period was 18.7%.
PWR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Quanta Services, Inc. reported a gross profit of 1.11B and revenue of 7.87B. Therefore, the gross margin over that period was 14.1%.
EME - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, EMCOR Group, Inc. reported an operating income of 403.85M and revenue of 4.63B, resulting in an operating margin of 8.7%.
PWR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Quanta Services, Inc. reported an operating income of 338.78M and revenue of 7.87B, resulting in an operating margin of 4.3%.
EME - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, EMCOR Group, Inc. reported a net income of 305.48M and revenue of 4.63B, resulting in a net margin of 6.6%.
PWR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Quanta Services, Inc. reported a net income of 220.63M and revenue of 7.87B, resulting in a net margin of 2.8%.
Frequently Asked Questions
EME and PWR have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PWR has higher volatility (12.91%) compared to EME (10.72%). In terms of maximum drawdown, EME dropped -70.56% vs PWR's -97.07%.
PWR currently has the higher Sharpe Ratio (2.82 vs 2.06), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for EME and PWR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer