HIGHBuilt-inProduct / Revenue mix
77%
E&M segment
“10-K Item 1: 'E&M segment revenues generated approximately 77% of total contract revenues with 7.5% segment operating income margin'”
ECG · Concentration risk · 10-K extracted
Everus Construction Group (ECG) concentration risks
Updated
The most significant concentration Everus Construction Group discloses is E&M segment at 77%, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Everus Construction Group’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 3 disclosed concentrations
HIGH1
MEDIUM1
LOW1
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
MEDIUMOutside partyCustomer
43%
top 10 customers
“10-K Item 1: 'the top 10 customers contributing approximately 43% of our total operating revenues of $3.75 billion'”
LOWOutside partyCustomer
17%
single largest customer
“10-K Item 1: 'a single customer accounting for approximately 17% of total operating revenues'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-06-24The company's disclosed concentration profile combines a large segment revenue tilt with moderate customer concentration, creating a layered but well-disclosed picture. The E&M segment generated approximately 77% of total contract revenues, a large-share structural exposure. The electrical and mechanical segment's dominant revenue share reflects the company's core positioning in that service category, making overall financial results highly sensitive to the demand cycle and margin dynamics of electrical and mechanical construction specifically. Within the broader revenue base, customer concentration is present at multiple levels. The top 10 customers contributed approximately 43% of total operating revenues of $3.75 billion, a moderate-share dependency exposure. A single largest customer accounted for approximately 17% of total operating revenues, a small-share dependency at the individual customer level. The presence of a 17% single-customer share within a top-10 group that represents roughly 43% overall indicates the customer base, while moderate in aggregate concentration, has a meaningful individual peak relationship. Taken together, the dominant E&M segment revenue share amplifies the importance of the customer relationships within that segment, particularly the largest single customer whose individual contribution is the most exposed to project-specific award cycles, contract renewals, and capital expenditure decisions. On balance, the primary watchpoints are E&M construction demand fundamentals, the capital spending plans of the largest customer, and the margin profile within the electrical and mechanical segment.
For the engine’s reasoning on ECG’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Engineering & Construction
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| ACA | Arcosa, Inc. | 1 | 1 | 1 | 3 |
| ECG● | Everus Construction Group, Inc. | 1 | 1 | 1 | 3 |
| AGX | Argan, Inc. | 1 | 0 | 3 | 4 |
| ACM | AECOM | 0 | 2 | 0 | 2 |
| BLD | TopBuild Corp. | 0 | 1 | 0 | 1 |
| APG | APi Group Corporation | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.