EME vs. ROAD
EME (EMCOR Group, Inc.) and ROAD (Construction Partners, Inc.) are both stocks. Both operate in the Engineering & Construction industry within the Industrials sector. Over the past 5 years, EME returned 45.66%/yr vs 25.85%/yr for ROAD. At a 0.49 correlation, their price movements are largely independent.
Performance
EME vs. ROAD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EME achieves a 34.80% return, which is significantly higher than ROAD's -2.01% return.
EME
- 1D
- 0.78%
- 1M
- -10.62%
- YTD
- 34.80%
- 6M
- 31.07%
- 1Y
- 68.85%
- 3Y*
- 68.15%
- 5Y*
- 45.66%
- 10Y*
- 33.38%
ROAD
- 1D
- -3.80%
- 1M
- -24.28%
- YTD
- -2.01%
- 6M
- 2.07%
- 1Y
- -3.62%
- 3Y*
- 49.37%
- 5Y*
- 25.85%
- 10Y*
- —
EME vs. ROAD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
EME EMCOR Group, Inc. | 34.80% | 35.05% | 111.27% | 46.03% | 16.81% | 39.93% | 6.47% | 45.18% | -20.19% |
ROAD Construction Partners, Inc. | -2.01% | 22.71% | 103.26% | 63.06% | -9.25% | 1.03% | 72.55% | 91.05% | -32.08% |
Correlation
The correlation between EME and ROAD is 0.52, 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 | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since May 4, 2018 | 0.49 |
The correlation between EME and ROAD has been stable across timeframes, ranging from 0.49 to 0.58 - a consistent structural relationship.
Fundamentals
EME:
$37.11B
ROAD:
$5.98B
EME:
$29.65
ROAD:
$2.27
EME:
27.79
ROAD:
46.86
EME:
0.65
ROAD:
0.87
EME:
2.09
ROAD:
1.83
EME:
9.60
ROAD:
6.11
EME:
$17.75B
ROAD:
$3.26B
EME:
$3.47B
ROAD:
$511.53M
EME:
$2.03B
ROAD:
$397.81M
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. ROAD — Risk / Return Rank
EME
ROAD
EME vs. ROAD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for EMCOR Group, Inc. (EME) and Construction Partners, Inc. (ROAD). 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.
| EME | ROAD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.90 | ||
| Sortino ratioReturn per unit of downside risk | +2.00 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.03 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 2.75 | -0.14 | +2.89 |
| Martin ratioReturn relative to average drawdown | 6.90 | -0.26 | +7.16 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| EME | ROAD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.82 | -0.08 | +1.90 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.38 | 0.57 | +0.81 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.02 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.64 | -0.04 |
Drawdowns
EME vs. ROAD - Drawdown Comparison
The maximum EME drawdown since its inception was -70.56%, which is greater than ROAD's maximum drawdown of -54.54%. Use the drawdown chart below to compare losses from any high point for EME and ROAD.
Loading charts...
Drawdown Indicators
| EME | ROAD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.56% | -54.54% | -16.02% |
Max Drawdown (1Y)Largest decline over 1 year | -25.15% | -26.55% | +1.40% |
Max Drawdown (3Y)Largest decline over 3 years | -36.19% | -33.62% | -2.57% |
Max Drawdown (5Y)Largest decline over 5 years | -36.19% | -54.54% | +18.35% |
Max Drawdown (10Y)Largest decline over 10 years | -48.00% | — | — |
Current DrawdownCurrent decline from peak | -12.71% | -24.28% | +11.57% |
Average DrawdownAverage peak-to-trough decline | -15.36% | -16.28% | +0.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.02% | 14.03% | -4.01% |
Volatility
EME vs. ROAD - Volatility Comparison
The current volatility for EMCOR Group, Inc. (EME) is 7.08%, while Construction Partners, Inc. (ROAD) has a volatility of 14.70%. This indicates that EME experiences smaller price fluctuations and is considered to be less risky than ROAD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EME | ROAD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.08% | 14.70% | -7.62% |
Volatility (6M)Calculated over the trailing 6-month period | 25.46% | 36.78% | -11.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.11% | 47.25% | -9.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.30% | 45.45% | -12.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.97% | 48.68% | -15.71% |
Dividends
EME vs. ROAD - Dividend Comparison
EME's dividend yield for the trailing twelve months is around 0.16%, while ROAD has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EME EMCOR Group, Inc. | 0.16% | 0.16% | 0.20% | 0.32% | 0.36% | 0.41% | 0.35% | 0.37% | 0.54% | 0.39% | 0.45% | 0.67% |
ROAD Construction Partners, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
EME vs. ROAD - Financials Comparison
This section allows you to compare key financial metrics between EMCOR Group, Inc. and Construction Partners, 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. ROAD - 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%.
ROAD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Construction Partners, Inc. reported a gross profit of 98.85M and revenue of 769.20M. Therefore, the gross margin over that period was 12.9%.
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%.
ROAD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Construction Partners, Inc. reported an operating income of 37.38M and revenue of 769.20M, resulting in an operating margin of 4.9%.
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%.
ROAD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Construction Partners, Inc. reported a net income of 9.18M and revenue of 769.20M, resulting in a net margin of 1.2%.
Frequently Asked Questions
EME and ROAD have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ROAD has higher volatility (14.70%) compared to EME (7.08%). In terms of maximum drawdown, EME dropped -70.56% vs ROAD's -54.54%.
EME currently has the higher Sharpe Ratio (1.82 vs -0.08), 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 ROAD
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