US EditionEnergy Services of America Reports Fourth Quarter and Full Year Fiscal 2025 Results
Revenue rose 16.8% to $411 million due to growth in Gas & Water Distribution while profitability declined from project delays, higher costs, and no prior legal benefit.
- Energy Services of America Corporation reported fiscal 2025 revenue increased 16.8% to $411.0 million, with fourth quarter revenue reaching a record $130.1 million.
- Management attributed growth to increased work in Gas & Water Distribution and Electrical, Mechanical and General, supported by acquisitions of Tribute Contracting & Consultants and Rigney Digital Systems plus selling and administrative hires.
- The company reports gross profit of $38.8 million for fiscal 2025, with backlog at $259.7 million as of September 30, 2025, citing weather delays as a factor.
- The company said it doubled its dividend to $0.12 per share and joined the Russell 2000 index on June 30, while net income fell to $380,000 amid increased expenses.
- Doug Reynolds, President of Energy Services, said Fiscal 2025 saw meaningful growth driven by Gas & Water Distribution and Tribute acquisition, while weather-related delays and sales-mix timing hurt profitability.
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