Everus Construction Group, Inc.

Everus Construction Group, Inc. (NYSE: ECG) is a leading specialty contracting services provider headquartered in Bismarck, North Dakota. The company operates through two primary reportable segments: Electrical & Mechanical (E&M) and Transmission & Distribution (T&D), delivering services across the United States through 15 wholly owned operating companies that operate under 19 local brands. The company website is www.everus.com.

Everus serves approximately 4,000 customers across more than 44,000 projects annually, with a diversified customer base including large technology companies, utility providers, and local municipalities. In 2025, E&M generated approximately 77 percent of total contract revenues while T&D contributed approximately 23 percent. The company's services span commercial, industrial, institutional, renewables, service and other, transportation, and utility end markets.

The E&M segment provides electrical construction and contracting, mechanical contracting, and fire protection solutions, with particular expertise in data center construction, renewables infrastructure, and industrial installations. The T&D segment specializes in transmission and distribution construction, overhead and underground electrical infrastructure, gas and communication infrastructure, and emergency restoration services. T&D also manufactures, sells, and rents overhead and underground line-stringing equipment.

Everus operates with approximately 10,000 employees at peak across all functions and sites, with approximately 9,400 employees as of December 31, 2025. The company maintains a strong unionized workforce, with approximately 85 percent of employees represented by labor unions as of year-end 2025. E&M maintains offices in 28 cities across 13 states, while T&D operates offices in 19 cities across 11 states.

The company was established in 1997 and has expanded significantly through more than 25 acquisitions. Everus was spun off from MDU Resources Group, Inc. on October 31, 2024, becoming an independent, publicly traded company. The company was ranked 12th on Engineering News-Record magazine's 2025 Top 600 Specialty Contractors list and 5th on Electrical Construction & Maintenance magazine's 2025 Top 50 Electrical Contractors list. Total operating revenues for 2025 reached $3.75 billion.