Everus Construction Group, Inc.
Close on Oct 19, 2026
- Market cap
- $5.57B
- P/E (TTM)
- 21.9
- Dividend yield
- –
About Everus Construction
Operative Builders, SIC 1531
Everus Construction Group, Inc. provides specialty contracting services across two primary segments: Electrical & Mechanical (E&M) and Transmission & Distribution (T&D). Through its operating subsidiaries, the company delivers infrastructure services encompassing electrical and communications wiring, mechanical piping, fire suppression systems, and renewable energy installations. It also builds, maintains, and restores overhead and underground electric and gas utility lines, substations, and transportation lighting, while manufacturing, renting, and selling specialized line-stringing equipment. Everus serves customers across commercial, industrial, institutional, renewable energy, utility, and transportation sectors, including general contractors, technology companies, utility providers, and municipalities.
Headquartered in Bismarck, North Dakota, the company conducts operations across most of the United States. Its services are delivered through 15 operating companies operating under 19 local brands. The E&M segment maintains offices in 28 cities with a presence in 13 states, while the T&D segment operates offices in 19 cities across 11 states, along with equipment rental and manufacturing distribution centers in Arizona, Texas, Georgia, Illinois, Oregon, and Ohio.
Summary of the business section of Everus Construction's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Everus Construction Group, Inc.
- Founded
- 1997
- Headquarters
- Bismarck, ND
- Address
- 1730 Burnt Boat Drive 58503
- Phone
- (701) 221-6400
- Website
- everus.com
- Employees
- 10,000, Dec 31, 2025
- Industry
- Operative Builders
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- DELOITTE & TOUCHE LLP, Minneapolis, Minnesota
Stock & identifiers
- Ticker
- ECG
- Exchange
- NYSE
- IPO date
- Oct 28, 2024
- Shares outstanding
- 51M, Aug 3, 2026
- Public float
- $2.52B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 2015845
- CUSIP
- 300426103
- ISIN
- US3004261034
- LEI
- 2549006JMMHR0KILT425
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Jeffrey S. Thiede | President & CEO, Director | 119,698 |
| Paul R. Sanderson | VP, CLO & Corporate Secretary | 18,950 |
| Timothy Ryan Sznewajs | VP of Corp. Dev. & Strategy | 13,214 |
| Maximillian J. Marcy | VP, CFO & Treasurer | 7,710 |
| Jason A. Behring | VP of Technology | 4,203 |
| Britney A. Hendricks | VP of Human Resources | 4,365 |
| Jon B. Hunke | VP & CAO | 15,481 |
| Thomas D. Nosbusch | EVP & COO | 31,724 |
| Dale Rosenthal | Director | 13,582 |
| Edward A. Ryan | Director | 20,150 |
| David M. Sparby | Director | 19,658 |
| Helena Mercedes Hernandez | Director | 3,125 |
| Rocca Michael Della | Director | 7,028 |
| Clark A. Wood | Director | 5,392 |
| Betty R. Wynn | Director | 5,392 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Jeffrey S. Thiede | $4.86M | $8.71M | $1.83M | $163 | $159 |
| FY2024 Jeffrey S. Thiede | $2.79M | $5.07M | $985.80K | $125 | $104 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“We had approximately 10,000 employees at peak across all functions and sites in 2025, with approximately 9,400 employees as of December 31, 2025.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Mar 18, 2026 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Jan 21, 2026 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Sep 12, 2024 | Spin-off | Registration as a new public company (Form 10), e.g. spin-off |