Everus Construction Group

Everus builds and maintains the critical power and water systems that keep American businesses running. The company helps utility providers and large corporations install complex electrical wiring and mechanical piping. These services ensure that data centers and hospitals have reliable energy and safety infrastructure.

What Everus Does

• Electrical & Mechanical: Construction and maintenance of wiring, fire systems, and mechanical piping for data centers and hospitals; generated 77% of total contract revenues in 2025.
• Transmission & Distribution: Building and repairing power lines and gas infrastructure for utility companies; generated 23% of total contract revenues in 2025.
• Equipment Solutions: Manufacturing and renting specialized tools used to pull power lines through underground or overhead systems.
• Renewables: Installation of solar power systems and electric vehicle charging stations for public and private clients.

Strategic Moves and Growth

• Completed the separation from former parent company MDU Resources on October 31, 2024, to become an independent public firm.
• Expanded geographic reach and technical capabilities through more than 25 acquisitions since the business was established in 1997.
• Entered the New York Stock Exchange under the ticker ECG following the 2024 distribution of common stock.

Why Everus Stands Out

Everus maintains a flexible workforce of approximately 9,400 employees that can scale quickly to meet the demands of massive infrastructure projects. The company uses its 19 local brands to build deep relationships in specific regions while utilizing a national support system for safety and project management.

The Scorecard

• Revenue reached $1.0 billion in Q4 2025, up 33.2% from $759.6 million in Q4 2024.
• Net income rose to $55.3 million in Q4 2025, a 60.4% increase over the previous year.
• Operating income grew to $68.9 million in Q4 2025, up 49.7% year-over-year.
• The company managed approximately $2.10 billion in outstanding surety bonds as of December 31, 2025, to secure its project performance.

Bottom Line

Everus has transitioned from a regional group of brands into a unified national provider of essential construction services. Its focus on high-growth areas like data centers and utility modernization has driven significant revenue and profit increases.