olivLaw · US equity research
Everus Construction Group, Inc. ECG
Operative Builders · SIC 1531 · Vertical: Operative Builders (SIC 1531)
Everus Construction Group (ECG) is a US specialty construction contractor active in Electrical & Mechanical (E&M) and Transmission & Distribution (T&D). The company reported strong growth in the second quarter of 2026, with revenues of $1.23 billion and a backlog of $4.55 billion, which keeps investors closely watching its trajectory.
The AI analysis may be outdated: new filings came after its sources (see the «AI analysis» section).
At the close of 04 Nov 2026, Everus Construction Group, Inc. (ECG) stock was 79.71 USD (−29.29% on the day), with market capitalisation 4.1 bn USD, P/E 16.0 on diluted EPS of 4.97 USD over the last 12 months, beta 1.88, 52-week range 79.71–169.16 USD. Latest reported quarter (Q2 2026): revenue of 1.2 bn USD (+33.7% YoY), net income of 83.9 m USD (+58.8% YoY), diluted EPS 1.64 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 30.4
- weak (30–45)
- Bollinger (20, 2)
- 87.05 – 127.17
- below the lower band · %B -0.18 · band width 37.5%
- SMA 50 / 200
- 113.49 / 125.87
- downtrend (price < SMA50 < SMA200)
- MACD (12, 26, 9)
- -5.42 / -4.42
- MACD below signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | −36.8% | −1.1% | −35.7 pp | — |
| 3 months | −43.4% | −0.5% | −42.9 pp | — |
| 6 months | −52.9% | +4.4% | −57.3 pp | — |
| Year to date | −6.8% | +12.3% | −19.2 pp | — |
| 1 year | −8.0% | +13.5% | −21.5 pp | −9.2% |
| 3 years | unavailable | +76.4% | unavailable | +13.0% |
| 5 years | unavailable | +63.7% | unavailable | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q2 2026 · 30 Jun 2026
Quarterly margins
Quarterly statements · USD
| Fiscal year | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 761.0 m | 759.6 m | 826.6 m | 921.5 m | 986.8 m | 1.0 bn | 1.0 bn | 1.2 bn |
| Cost of revenue | 671.1 m | 673.4 m | 734.1 m | 801.6 m | 862.6 m | 894.0 m | 906.2 m | 1.0 bn |
| Gross profit | 89.9 m | 86.3 m | 92.5 m | 119.9 m | 124.2 m | 117.5 m | 130.7 m | 182.9 m |
| SG&A | 36.2 m | 40.3 m | 41.5 m | 47.4 m | 51.8 m | 48.6 m | 53.0 m | 71.2 m |
| Operating income | 53.7 m | 46.0 m | 51.0 m | 72.5 m | 72.4 m | 68.9 m | 77.7 m | 111.8 m |
| Interest expense | 2.9 m | 5.2 m | 5.6 m | 5.4 m | 5.4 m | 5.0 m | 4.6 m | 4.6 m |
| Pre-tax income | 51.9 m | 42.0 m | 46.9 m | 69.6 m | 72.1 m | 69.3 m | 75.9 m | 110.0 m |
| Income tax | 14.0 m | 11.9 m | 13.6 m | 19.4 m | 20.6 m | 18.7 m | 20.3 m | 29.4 m |
| Net income | 41.8 m | 34.5 m | 36.7 m | 52.8 m | 57.0 m | 55.3 m | 58.3 m | 83.9 m |
| Diluted EPS | 0.82 | 0.67 ≈ | 0.72 | 1.03 | 1.11 | 1.08 ≈ | 1.14 | 1.64 |
| Operating cash flow | 78.9 m ≈ | 80.7 m | 7.1 m | 25.3 m ≈ | 76.2 m ≈ | 48.2 m | 143.7 m | 53.1 m ≈ |
| Capex | 18.0 m ≈ | 13.8 m | 18.5 m | 13.1 m ≈ | 10.5 m ≈ | 24.7 m | 15.5 m | 20.1 m ≈ |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Today's P/E sits at the 14 percentile of its own 7-quarter history (min 12.5, median 23.5, max 33.4; quarters with earnings only).
Fiscal years
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | 2.7 bn | 2.9 bn | 2.8 bn | 3.7 bn |
| Revenue YoY | unavailable | +5.7% | −0.2% | +31.5% |
| Net income | 124.8 m | 137.2 m | 143.4 m | 201.8 m |
| Net income YoY | unavailable | +10.0% | +4.5% | +40.7% |
| Diluted EPS | 2.45 | 2.69 | 2.81 | 3.95 |
| Diluted EPS YoY | unavailable | +9.8% | +4.5% | +40.6% |
| net % | 4.6% | 4.8% | 5.0% | 5.4% |
| Free cash flow | -61.3 m | 135.7 m | 115.1 m | 90.0 m |
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 170.5 m USD
- Financial debt
- 281.5 m USD
- Net debt
- 111.0 m USD
- Equity
- 629.8 m USD
- Total assets
- 1.7 bn USD
- Debt / equity
- 0.45x
- Current ratio
- 1.76x
- ROE
- 38.3%
- ROA
- 13.4%
- FCF margin
- 2.4%
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|
| Revenue | 2.7 bn | 2.9 bn | 2.8 bn | 3.7 bn | SEC (XBRL)· 25 Feb 2026verified |
| Cost of revenue | 2.4 bn | 2.5 bn | 2.5 bn | 3.3 bn | SEC (XBRL)· 25 Feb 2026verified |
| Gross profit | 276.0 m | 321.9 m | 339.5 m | 454.1 m | SEC (XBRL)· 25 Feb 2026verified |
| SG&A | 111.4 m | 131.4 m | 149.5 m | 189.3 m | SEC (XBRL)· 25 Feb 2026verified |
| Operating income | 164.6 m | 190.5 m | 189.9 m | 264.8 m | SEC (XBRL)· 25 Feb 2026verified |
| Interest expense | 6.4 m | 17.0 m | 14.0 m | 21.5 m | SEC (XBRL)· 25 Feb 2026verified |
| Pre-tax income | 159.7 m | 177.6 m | 180.8 m | 257.8 m | SEC (XBRL)· 25 Feb 2026verified |
| Income tax | 40.8 m | 45.3 m | 49.5 m | 72.3 m | SEC (XBRL)· 25 Feb 2026verified |
| Net income | 124.8 m | 137.2 m | 143.4 m | 201.8 m | SEC (XBRL)· 25 Feb 2026verified |
| Diluted EPS | 2.45 | 2.69 | 2.81 | 3.95 | SEC (XBRL)· 25 Feb 2026verified |
| Weighted average diluted shares | 51.0 m | 51.0 m | 51.1 m | 51.1 m | SEC (XBRL)· 25 Feb 2026verified |
Balance sheet · USD
| Line | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|
| Cash | 2.1 m | 1.6 m | 86.0 m | 170.5 m | SEC (XBRL)· 25 Feb 2026verified |
| Inventories | — | 42.7 m | 43.8 m | 45.3 m | SEC (XBRL)· 25 Feb 2026verified |
| Current assets | — | 729.3 m | 917.2 m | 1.3 bn | SEC (XBRL)· 25 Feb 2026verified |
| Property, plant & equipment, net | — | 116.0 m | 134.4 m | 168.5 m | SEC (XBRL)· 25 Feb 2026verified |
| Goodwill | — | 143.2 m | 143.2 m | 143.2 m | SEC (XBRL)· 25 Feb 2026verified |
| Intangibles (excl. goodwill) | — | 2.0 m | 116.0 k | 0 | SEC (XBRL)· 05 Aug 2026verified |
| Total assets | — | 1.1 bn | 1.3 bn | 1.7 bn | SEC (XBRL)· 25 Feb 2026verified |
| Accounts payable | — | 116.6 m | 138.1 m | 226.3 m | SEC (XBRL)· 25 Feb 2026verified |
| Short-term debt | — | 0 | 15.0 m | 15.0 m | SEC (XBRL)· 25 Feb 2026verified |
| Long-term debt | — | 168.5 m | 280.6 m | 266.5 m | SEC (XBRL)· 25 Feb 2026verified |
| Current liabilities | — | 394.1 m | 513.4 m | 736.2 m | SEC (XBRL)· 25 Feb 2026verified |
| Total liabilities | — | 603.6 m | 865.9 m | 1.1 bn | SEC (XBRL)· 25 Feb 2026verified |
| Equity | 382.2 m † | 448.9 m † | 422.6 m † | 629.8 m † | SEC (XBRL)· 25 Feb 2026verified |
† equity attributable to the parent's shareholders: in these years the issuer no longer reports the total including non-controlling interests.
Cash flow · USD
| Line | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|
| Operating cash flow | -25.5 m | 171.3 m | 163.4 m | 156.8 m | SEC (XBRL)· 25 Feb 2026verified |
| Capex | 35.8 m | 35.6 m | 48.3 m | 66.8 m | SEC (XBRL)· 25 Feb 2026verified |
| Free cash flow | -61.3 m ≈ | 135.7 m ≈ | 115.1 m ≈ | 90.0 m ≈ | SEC (XBRL)· 25 Feb 2026derived |
| Investing cash flow | -24.6 m | -20.0 m | -37.1 m | -56.8 m | SEC (XBRL)· 25 Feb 2026verified |
| Financing cash flow | 51.5 m | -151.9 m | -41.9 m | -15.6 m | SEC (XBRL)· 25 Feb 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
Risk
Valuation
olivLaw classification
Score: 81 / 100
A scoring methodology on indicators and valuation, not investment advice.
Closing price
04 Nov 2026Source: olivLaw, closing series
Market cap: 4.1 bn USD
Key indicators
Coverage and freshness
Score by group
- Balance sheet86
- Growth98
- Valuation56
- Quality88
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 66.06 – 126.50 USD.
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (USD per share)
— — Mid · ▏ Price
Valuation methods
- DCF (discounted cash flow)80.61 – 126.50 (Mid 98.28)WACC 9.0% · starting FCFF 264.7 m USD · terminal value share of EV 74%The WACC × g sensitivity gives the method's bounds; these are not probabilities.Reverse DCF: starting growth implied by the price (fading linearly to terminal growth, everything else fixed): 2.4%
- Peers: EV/EBITDAunavailable · input data missing
- Peers: P/E66.06 – 80.34 (Mid 74.19)12 companies used · median multiple 14.9x · quartiles 13.3x – 16.2xCCS, DFH, DHI, GRBK, KBH, LGIH, MHO, MTH, NVR, PHM, SDHC, TOL
- Dividend discount (DDM)unavailable · the company pays no dividend: a dividend model needs an explicit initiation assumption
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Neutral profile · Score 81/100
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | 30.3% | 100 (on a fixed band) | 15% |
| Net margin · Quality | 6.0% | 60 (vs peers) | 9% |
| FCF conversion · Quality | 98.4% | 98 (on a fixed band) | 9% |
| Revenue CAGR 3Y · Growth | 11.5% | 96 (on a fixed band) | 12% |
| EPS CAGR 3Y · Growth | 17.3% | 100 (on a fixed band) | 12% |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Interest coverage · Balance sheet | 16.8x | 100 (on a fixed band) | 9% |
| Current ratio · Balance sheet | 1.6x | 66 (on a fixed band) | 6% |
| P/E (TTM) · Valuation | 16.0x | 38 (vs peers) | 15% |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | 6.2% | 77 (on a fixed band) | 12% |
| Shareholder yield (distributions) · Returns | unavailable | unavailable | — |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet86/100 · 2/3 factors with a value
- Growth98/100 · 2/2 factors with a value
- Quality88/100 · 3/3 factors with a value
- Returns· partialunavailable · 0/2 factors with a value
- Valuation56/100 · 2/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
Everus Construction Group, Inc. (ECG). Latest full fiscal year: 2025; data up to 2026-06-30.
Figures computed from the financial statements: revenue 3.7 bn USD in 2025; YoY growth 31.5%; net margin 6.0%; ROE 39.5%.
The estimated value range is 73.34–103.42 USD per share (median of 2 methods, agreement: high); assumptions are illustrative. Against the central value of 86.24 USD, the price of 79.71 USD leaves a potential of 8.2% (value / price − 1) and a margin of safety of 7.6% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
olivLaw score 81/100, methodological classification: neutral profile (score, margin of safety and method agreement together; not a judgement of the right price). Groups assessed only in part: returns. Not investment advice.
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- ROIC: 30.3%
- FCF conversion: 98.4%
- Revenue CAGR 3Y: 11.5%
- EPS CAGR 3Y: 17.3%
- Interest coverage: 16.8x
- FCF yield: 6.2%
What contradicts it
No signal among the computed factors. That is not an absence of risk: factors without data were not assessed, and business risks (margins, inventory, demand) are in the source-based analysis.
Not assessed (insufficient data or a ratio without meaning): Net debt / EBITDA, EV/EBITDA, Shareholder yield (distributions), Payout ratio (FCF).
Versus the vertical median
Operative Builders (SIC 1531) · same industry (4-digit SIC) · compared with 16 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| DHID.R. Horton, Inc. | 43.9 bn | 14.9 | 12.8% | 9.2% | −6.9% | −1% / +23% |
| PHMPultegroup, Inc. | 25.0 bn | 14.5 | 13.9% | 11.2% | −3.5% | +7% / +54% |
| NVRNVR, Inc. | 16.9 bn | 17.6 | 28.3% | 11.2% | −1.9% | −15% / +4% |
| TOLToll Brothers, Inc. | 14.6 bn | 12.7 | 14.4% | 11.1% | +1.1% | +13% / +85% |
| MTHMeritage Homes Corporation | 4.7 bn | 16.5 | 5.8% | — | unavailable | +0% / +4% |
| ECGEverus Construction Group, Inc. | 4.1 bn | 16.0 | 39.5% | 6.0% | +31.5% | −8% / unavailable |
| MHOM/i Homes, Inc. | 3.5 bn | 13.1 | 8.7% | 6.6% | −1.9% | +0% / +31% |
| KBHKb Home | 3.2 bn | 14.9 | 5.9% | 4.4% | −10.0% | −17% / +2% |
| GRBKGreen Brick Partners, Inc. | 2.8 bn | 10.7 | 14.3% | 14.2% | −1.0% | −2% / +40% |
| CCSCentury Communities, Inc. | 1.6 bn | 15.2 | 4.2% | 2.9% | −6.4% | −12% / −21% |
| LGIHLgi Homes, Inc. | 1.1 bn | 16.0 | 3.4% | 4.2% | −22.6% | −6% / −59% |
| BZHBeazer Homes USA Inc | 893.2 m | — | -0.7% | -0.4% | +1.8% | +49% / +38% |
| HOVHovnanian Enterprises Inc | 79.6 m | 81.2 | 2.2% | 0.6% | −0.9% | −16% / +22% |
| DFHDream Finders Homes, Inc. | — | 13.3 | 7.6% | 2.6% | −2.9% | −35% / −47% |
| SDHCSmith Douglas Homes Corp. | — | 18.0 | 6.0% | 0.5% | −0.4% | −50% / unavailable |
| LGPSLogprostyle Inc. | — | — | 19.7% | 3.4% | +7.6% | −43% / unavailable |
| LRELead Real Estate Co., Ltd | — | — | 12.2% | 3.5% | −3.5% | −14% / −84% |
1- and 3-year price returns: for ECG from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | 50.58 Total return -37% · Per year -37% | 89.15 Total return 12% · Per year 12% | 133.89 Total return 68% · Per year 68% |
| 3 years | 56.29 Total return -29% · Per year -11% | 110.92 Total return 39% · Per year 12% | 181.86 Total return 128% · Per year 32% |
| 5 years | 62.64 Total return -21% · Per year -5% | 138.01 Total return 73% · Per year 12% | 247.03 Total return 210% · Per year 25% |
- Exit P/E± 27.73
- Net margin± 19.41
- Annual revenue growth± 14.93
- Annual dilution± 1.63
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 05 Aug 2026; since then the company filed 8-K (03 Nov 2026 · results).
In brief
Everus Construction Group (ECG) is a US specialty construction contractor active in Electrical & Mechanical (E&M) and Transmission & Distribution (T&D). The company reported strong growth in the second quarter of 2026, with revenues of $1.23 billion 3 and a backlog of $4.55 billion 3, which keeps investors closely watching its trajectory.
SWOT
Strengths
- The company has a strong national position, with local operating companies and a high share of repeat customers.
- The backlog grew strongly in 2026, providing visibility into future activity.
- The balance sheet is solid, with low net leverage and available credit lines for organic growth and acquisitions.
Weaknesses
- Revenues depend on a small number of large customers, and a single customer represents a significant share of the total.
- A significant portion of contracts are fixed-price, exposing the company to cost overruns.
- Activity is concentrated in data center projects, increasing vulnerability to changes in that sector.
Opportunities
- Integrating the SE&M and Epsilon Industries acquisitions could expand geographic reach and prefabrication capacity.
- Utility investment in grid and renewable energy could sustain demand in the T&D segment.
- Demand in hospitality, health care and industrial manufacturing could open new contracts.
Threats
- Intense competition can lower prices and margins, and losing bids could slow growth.
- Rising insurance premiums and material costs could reduce project profitability.
- Supply chain delays and tariff risks could affect project schedules.
Risks
- Dependence on large customershigh
A small number of customers account for a significant share of revenues, and a reduction in business with one of them could affect results 1.
- Fixed-price contractshigh
Actual project costs can exceed initial estimates, which could reduce profit or produce losses on certain contracts 1.
- Exposure to data centersmedium
Revenues are concentrated in data center projects, and a lack of sustained demand for this work could have a material impact 12.
- Insurance and materials costsmedium
Higher insurance premiums and material prices may be hard to pass on to customers, especially on long projects 1.
- Acquisition integration risklow
Integrating SE&M and Epsilon Industries involves costs and execution risks, and the expected benefits could be delayed 23.
Investment thesis
What would need to be true (bull case)
- Strong organic growth and a record backlog could support higher revenues and margins in the coming years.
- Recent and planned acquisitions could extend the company geographically and into higher value-added segments.
- Low leverage gives financial flexibility if demand remains high.
What would break the thesis
- If demand for data center projects declines, revenue growth could slow given the concentration of activity.
- Cost pressure and the risk of overruns on fixed-price contracts could compress margins.
- If acquisition integration is delayed, the financial benefits announced could fall short of expectations.
What to watch
- Delivery against 2026 revenue and EBITDA guidance2026
- Closing of the Epsilon Industries acquisition and its effectsnext 10-K
- Evolution of the backlog, especially in the E&M segmentQ3 2026
- Gross margin and labor costs following the SE&M acquisitionQ3 2026
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 05 Aug 2026; since then the company filed 8-K (03 Nov 2026 · results).
The business
Everus Construction Group, Inc. is a construction solutions provider headquartered in Bismarck, North Dakota, offering specialty contracting services across most of the United States 1. The company operates through 15 wholly owned operating companies that go to market under 19 local brands 1. It became independent from MDU Resources on October 31, 2024, and is listed on the NYSE under the ticker ECG 1. In 2025 it served approximately 4,000 customers and had approximately 9,400 employees as of December 31, 2025 1.
Segments
Transmission & Distribution (T&D)
The T&D segment generated approximately 23% of total contract revenues in 2025, with a segment operating income margin of 10.6% 1. It serves mainly electric and natural gas utilities in the Midwest and West, with demand tied to grid modernization and hardening 1. In the second quarter of 2026, T&D revenues rose 7.1% to $227.5 million 3.
Market context
The US construction services industry is highly fragmented, with thousands of providers ranging from small private firms to nationwide public companies 1. Demand depends on public infrastructure spending, data center capacity, general economic conditions and interest rates 1. The company stated that demand for data center projects remains strong, but it cannot guarantee that this will continue 2.
Trends
- Data center and advanced technology demandmixed
Growth in data center capacity and power loads creates large opportunities, but it also concentrates revenues in one type of project 1. If demand in this segment declines, results could be significantly affected 1.
- Utility infrastructure investmenttailwind
Utilities are investing in grid modernization, more resilient systems and the integration of renewable sources, which supports demand for the T&D segment 1.
- Rising insurance and materials costsheadwind
Insurance premiums have risen, particularly due to wildfire risk, and material prices and tariffs can compress margins on fixed-price contracts 12.
- Acquisitions and geographic expansiontailwind
The SE&M acquisition, completed in April 2026, expands the footprint in the Southeast, and the agreement for Epsilon Industries could add off-site modular and prefabrication capabilities 23.
Competitive position
The company operates in a highly competitive market, competing with regional, national and international firms, some of which have greater financial resources 1. Customers select contractors based on qualifications, safety record, reputation, price and reliability, and competitive pressure can lower prices and margins 1. Smaller and more specialized firms can concentrate resources in particular niches 1.
- Regional, national and international specialty construction firms
The sources describe larger competitors with greater financial resources, alongside smaller firms specialized in niches, without naming individual entities.
- Smaller local contracting firms
The sources note competition from smaller firms concentrated geographically or in specific expertise, which can be more aggressive on price for smaller projects.
- Regional utility service providers
The sources indicate that the number of competitors and their pricing practices affect results in each individual market.
- New market entrants
The sources signal that new entrants into a market can affect pricing and the ability to win bids.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
- DA Davidson Assigns Buy Rating to Everus Construction (ECG) Based on Accretive M&A and Bookings StrengthYahoo Finance — News · 05 Sept 2026 · EN
- Everus (ECG) Bets $295M On Modular Construction’s FutureYahoo Finance — News · 05 Sept 2026 · EN
- Everus Construction Director Sparby Buys 1,000 Shares at $144.95Yahoo Finance — News · 29 Aug 2026 · EN
The latest news item in our archive is from 05 Sept 2026; the newest SEC filing is from 03 Nov 2026. The press archive comes from the RSS feeds we follow and does not necessarily cover the latest event — the filings alongside do.
SEC filings
- Current report03 Nov 2026Results of operations · Regulation FD disclosure · Financial statements and exhibits
- Current report08 Sept 2026Material agreement · Creation of a direct financial obligation
- Current report02 Sept 2026Regulation FD disclosure · Financial statements and exhibits
- Quarterly report05 Aug 2026
- Current report04 Aug 2026Results of operations · Regulation FD disclosure · Financial statements and exhibits
- Current report31 Jul 2026Regulation FD disclosure
- Current report14 May 2026Shareholder vote · Financial statements and exhibits
- Quarterly report06 May 2026
- Current report05 May 2026Results of operations · Regulation FD disclosure · Financial statements and exhibits
- Current report02 Apr 2026Regulation FD disclosure · Financial statements and exhibits
Sources
- [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / Everus Construction Group, Inc. · 25 Feb 2026
- [2] Form 10-Q, quarter ended 2026-06-30 · SEC / Everus Construction Group, Inc. · 05 Aug 2026
- [3] Form 8-K, results release (exhibit 99.1) · SEC / Everus Construction Group, Inc. · 04 Aug 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.