🔹 EPS: $8.25 (Est. $6.25) 🟢; UP +102% YoY
🔹 Revenue: $2.45B (Est. $2.13B) 🟢; UP +35% YoY
🔹 Operating Cash Flow: $553M (vs. $302M LY)
🔹 Free Cash Flow: $519M (vs. $282M LY)
🔹 Net Income: $292M (vs. $146M LY)
🔹 Adjusted EBITDA: $414M; Margin 16.9% (vs. 13.1% LY)
Backlog & Growth
🔹 Backlog: $9.4B (vs. $5.7B LY) 🟢; UP +65% YoY
🔹 Same-Store Backlog: +$1B sequentially; second consecutive billion-plus increase
🔹 Two new acquisitions (Oct 1): >$200M revenue & $15–20M EBITDA contribution
CEO Commentary (Brian Lane)
🔸 “Record results with EPS doubling last year and $550M+ in cash flow.”
🔸 “Unprecedented demand continues driving backlog to new highs.”
🔸 “We’re adding strong new electrical capabilities in Michigan and Florida.”
