Everus Construction Group, Inc. (NYSE: ECG)

Specialty Construction Services Provider • Spun Off in 2024

Key Finding: Everus Construction Group (ECG) is a newly public (2024 spin-off from MDU Resources) national specialty contractor focused on electrical/mechanical and transmission/distribution services, demonstrating strong post-spin performance and analyst support amid infrastructure tailwinds, though with limited public financial history.

Stock Performance and Company Financials

Stock Performance Highlights (Facts)

Yahoo Finance ECG Page → | Nasdaq ECG Quote →

Key Financial Metrics (TTM / Recent, Facts from Yahoo Finance & Others)

Metric Value Notes / Source
Revenue (TTM) $3.96 Billion Fact; strong growth reported in recent quarters
Net Income (TTM) $223.41 Million Fact
Diluted EPS (TTM) $4.37 Fact
Profit Margin 5.65% Fact
Return on Equity (TTM) 38.95% Fact; high efficiency
Return on Assets (TTM) 11.37% Fact
Trailing P/E ~28.7 – 34.5 Fact; premium valuation
Price/Sales (TTM) 1.62 Fact
Total Cash (most recent quarter) $275 Million Fact
Total Debt/Equity 52.78% Fact
Data Limitations: Financials are trailing twelve months (TTM) or most recent quarter as of early/mid-2026 sources. Q2 2026 earnings call referenced but specific post-call updates not included here. Company incorporated 2024; pre-spin financials available via MDU Resources historical data. Assumptions: Metrics reflect reported figures without adjustments for one-time items.

Full Financials on Yahoo →

Analyst Ratings

Consensus & Targets (Facts)

Metric Value Details
Consensus Rating Buy / Strong Buy Multiple sources: ~43% Strong Buy, 14% Buy, 43% Hold (7 analysts)
Average Price Target $154 – $169.60 Range: Low ~$141, High $185; implies upside from recent levels
Recent Actions Several Upgrades & Target Raises Guggenheim (Buy), Oppenheimer (Outperform), Stifel (raises to $172), Cantor Fitzgerald (Neutral, target to $174)

Key Recent Analyst Notes (Facts)

Uncertainty: Analyst coverage is relatively new post-spin-off. Ratings can change rapidly; always verify latest on TipRanks, Yahoo, or broker sites. No Sell ratings noted in recent data.

Yahoo Analyst Page → | TipRanks ECG →

Customers and Competitors

Customers (Facts)

  • Utilities (electrical, gas, communication)
  • Manufacturing & Industrial
  • Commercial & Institutional
  • Transportation (including lighting)
  • Renewables / Solar / Wind infrastructure
  • Governmental / Public Sector
  • ~3,700 customers across >40,000 projects (2023 data)
  • Top 10 customers ~45% of revenue (pre-spin)

Fact: Long-standing relationships emphasized; diverse base reduces concentration risk.

Competitors (Facts & Comparisons)

Company Ticker Market Cap (approx.) Focus Overlap
Primoris Services PRIM ~$4.7B Infrastructure, utilities, renewables
Fluor Corporation FLR ~$7.0B Engineering & construction
Arcosa ACA ~$7.1B Infrastructure products/services
Construction Partners ROAD ~$6.1B Construction services
MYR Group MYRG ~$5.4B Electrical infrastructure
APi Group APG ~$18B Specialty contracting

Simply Wall St Competitors →

Limitations: Competitor list is not exhaustive; overlaps vary by segment. Market caps approximate and fluctuate.

Company Overview and History

Overview (Facts)

Everus Construction Group, Inc. provides specialty contracting services across the United States through two segments:

Employees: ~9,400 | Headquarters: Bismarck, North Dakota | Website: everus.com

History (Facts)

Investor Relations Site → | SEC Information Statement (Spin-off Details) →

Uncertainty: As a 2024 public company, long-term independent performance data is limited; historical metrics derive from predecessor entity within MDU Resources.

Recent News (as of early August 2026 sources)

Yahoo News Feed → | Official Press Releases →

Data Note: News summarized from aggregated sources up to August 2026 crawls. Verify latest developments directly.