# Everus Construction Group, Inc.

Summary updated: 2026-10-02T16:16:23.629519Z
Canonical: https://finbar.com/research/companies/everus-construction-group-inc

## Overview

Everus Construction Group, Inc. is a U.S. specialty construction-solutions company headquartered in Bismarck, North Dakota. Its two principal businesses are Electrical & Mechanical, which provides electrical, communications, fire-protection, renewable-energy and mechanical construction services, and Transmission & Distribution, which builds and maintains electrical, gas, communications and transportation-lighting infrastructure. Everus operates across much of the United States through 15 operating companies and 19 local brands; its historical business dates to 1997. [1](https://app.finbar.com/go?id=P50928840)[2](https://app.finbar.com/go?id=P47744993)[3](https://app.finbar.com/go?id=P113887155)

The company’s stated mission is “Safely Building America’s Future®.” [4](https://everus.com/wp-content/uploads/2026/07/Everus-2025-Corporate-Responsibility-Report.pdf) Everus reported approximately $3.75 billion in operating revenues in 2025 and a workforce of about 9,400 at year-end. It became an independent, publicly traded company in October 2024. [5](https://app.finbar.com/go?id=P66973622)[6](https://app.finbar.com/go?id=P27940941)[7](https://app.finbar.com/go?id=P50836722)
[1](https://app.finbar.com/go?id=P50928840)[2](https://app.finbar.com/go?id=P47744993)[3](https://app.finbar.com/go?id=P113887155)[5](https://app.finbar.com/go?id=P66973622)[6](https://app.finbar.com/go?id=P27940941)[7](https://app.finbar.com/go?id=P50836722)[4](https://everus.com/wp-content/uploads/2026/07/Everus-2025-Corporate-Responsibility-Report.pdf)

## Products & services

Everus provides electrical, mechanical and fire-protection contracting, along with low-voltage services, renewable-energy installations, packaged controls and manufacturing. Its work includes electrical and communications wiring, fire-suppression systems, renewable infrastructure, mechanical piping and ongoing maintenance for sectors including data centers, healthcare, education, manufacturing and government. [8](https://app.finbar.com/go?id=P89860716)[2](https://app.finbar.com/go?id=P47744993)

Its Transmission & Distribution services cover construction and maintenance of overhead and underground electrical, natural-gas and communications infrastructure, as well as transportation lighting, substations, excavation, underground boring and emergency restoration. Everus also manufactures, sells and rents line-stringing equipment, including pullers, tensioners, trailers, reel stands, reel carriers, stringing blocks, reels and breakaways; individual equipment specifications were not provided in the retrieved company information. [3](https://app.finbar.com/go?id=P113887155)[9](https://everus.com/services/transmission-distribution/equipment-rental-sales-manufacturing/)

In 2026, Everus added mechanical, electrical and plumbing capabilities through its acquisition of SE&M, which serves pharmaceutical, complex industrial and healthcare customers. [10](https://app.finbar.com/go?id=P147185903) In 2025, E&M accounted for approximately 77% of total contract revenues and T&D approximately 23%; the company’s reported figures are by segment, not by individual product or service. [11](https://app.finbar.com/go?id=P101225942)
[8](https://app.finbar.com/go?id=P89860716)[2](https://app.finbar.com/go?id=P47744993)[3](https://app.finbar.com/go?id=P113887155)[10](https://app.finbar.com/go?id=P147185903)[11](https://app.finbar.com/go?id=P101225942)[9](https://everus.com/services/transmission-distribution/equipment-rental-sales-manufacturing/)

## Geographic presence

Everus Construction Group operates throughout most of the United States. At year-end 2025, its E&M segment had offices in 28 cities and a physical presence in 13 states; its T&D segment had offices in 19 cities and a physical presence in 11 states. T&D identifies significant operations in Missouri, California, Montana and Oregon, and equipment-rental and manufacturing distribution centers in Arizona, Texas, Georgia, Illinois, Oregon and Ohio. These are disclosed examples, not a complete state-by-state footprint. [1](https://app.finbar.com/go?id=P50928840)[2](https://app.finbar.com/go?id=P47744993)[12](https://app.finbar.com/go?id=P50459403)

The company’s principal executive offices are in Bismarck, North Dakota. In April 2026, Everus acquired SE&M, headquartered in Elm City, North Carolina, to expand its presence in the Southeastern U.S. At December 31, 2025, Everus had approximately 9,400 employees across 28 states; the company does not disclose employee counts by state. Its filings do not provide revenue by country, state or region, so geographic revenue percentages are unavailable. [13](https://app.finbar.com/go?id=P147185743)[10](https://app.finbar.com/go?id=P147185903)[6](https://app.finbar.com/go?id=P27940941)[14](https://www.sec.gov/Archives/edgar/data/2015845/000201584526000019/proxy-20260327.htm)[1](https://app.finbar.com/go?id=P50928840)[15](https://www.sec.gov/Archives/edgar/data/2015845/000201584526000010/q42025-20251231.htm)
[1](https://app.finbar.com/go?id=P50928840)[2](https://app.finbar.com/go?id=P47744993)[12](https://app.finbar.com/go?id=P50459403)[13](https://app.finbar.com/go?id=P147185743)[10](https://app.finbar.com/go?id=P147185903)[6](https://app.finbar.com/go?id=P27940941)[14](https://www.sec.gov/Archives/edgar/data/2015845/000201584526000019/proxy-20260327.htm)[15](https://www.sec.gov/Archives/edgar/data/2015845/000201584526000010/q42025-20251231.htm)

## Business segments

Everus Construction Group reports two business segments. Electrical & Mechanical (E&M) provides electrical and communications wiring, fire-suppression systems, renewables infrastructure, and mechanical piping and services. Its work serves commercial, industrial, institutional, renewables, and service/other markets. In fiscal 2025, E&M generated approximately 77% of total contract revenues, with segment revenue of $2,920.7 million. [2](https://app.finbar.com/go?id=P47744993)[11](https://app.finbar.com/go?id=P101225942)[16](https://app.finbar.com/go?id=T11868651)

Transmission & Distribution (T&D) constructs and maintains electrical, gas, and communications infrastructure for utility and transportation customers, including overhead and underground systems, substations, transportation lighting, and related services. T&D contributed approximately 23% of total contract revenues in fiscal 2025, with segment revenue of $848.5 million. [3](https://app.finbar.com/go?id=P113887155)[11](https://app.finbar.com/go?id=P101225942)[16](https://app.finbar.com/go?id=T11868651) The latest interim figures show a similar mix shift: in the first half of 2026, E&M generated 81.4% and T&D 19.0% of consolidated revenue. “Corporate and Other” is presented separately in financial reconciliations, not as a third reportable revenue segment. [17](https://app.finbar.com/go?id=T16840250)[18](https://app.finbar.com/go?id=P34467512)
[2](https://app.finbar.com/go?id=P47744993)[11](https://app.finbar.com/go?id=P101225942)[16](https://app.finbar.com/go?id=T11868651)[3](https://app.finbar.com/go?id=P113887155)[16](https://app.finbar.com/go?id=T11868651)[17](https://app.finbar.com/go?id=T16840250)[17](https://app.finbar.com/go?id=T16840250)[18](https://app.finbar.com/go?id=P34467512)

## Company history

MDU Resources traces the origins of its construction-services business to 1997, when it made its first acquisition. Jeffrey S. Thiede became CEO of the then-named MDU Construction Services Group effective April 30, 2013. [19](https://www.mdu.com/construction-services-separation/) [20](https://everus.com/about-everus/leadership-team/)

In November 2023, MDU announced plans to separate its construction-services business. The business rebranded as Everus Construction Group in March 2024, and MDU completed the separation on October 31, 2024, distributing Everus shares to eligible MDU shareholders. [21](https://app.finbar.com/go?id=P38871896) [22](https://app.finbar.com/go?id=P41891708) [23](https://everus.com/mdu-construction-services-group-rebrands-to-everus-construction-group-spinoff-remains-on-track-for-late-2024/)

On April 1, 2026, Everus acquired North Carolina-based SE&M Constructors, SE&M of the Triangle, and SECO Rentals, broadening its mechanical, electrical, and plumbing capabilities and presence in the Southeast. [10](https://app.finbar.com/go?id=P147185903) [24](https://investors.everus.com/news/news-details/2026/Everus-Acquires-SEM-Leading-Contractor-in-Southeast-Region/default.aspx)
[21](https://app.finbar.com/go?id=P38871896)[22](https://app.finbar.com/go?id=P41891708)[10](https://app.finbar.com/go?id=P147185903)[19](https://www.mdu.com/construction-services-separation/)[20](https://everus.com/about-everus/leadership-team/)[23](https://everus.com/mdu-construction-services-group-rebrands-to-everus-construction-group-spinoff-remains-on-track-for-late-2024/)[24](https://investors.everus.com/news/news-details/2026/Everus-Acquires-SEM-Leading-Contractor-in-Southeast-Region/default.aspx)

## Sources

1. [Everus Construction Group, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P50928840)
2. [Everus Construction Group, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P47744993)
3. [Everus Construction Group, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P113887155)
4. [everus.com](https://everus.com/wp-content/uploads/2026/07/Everus-2025-Corporate-Responsibility-Report.pdf)
5. [Everus Construction Group, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P66973622)
6. [Everus Construction Group, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P27940941)
7. [Everus Construction Group, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P50836722)
8. [Everus Construction Group, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P89860716)
9. [everus.com](https://everus.com/services/transmission-distribution/equipment-rental-sales-manufacturing/)
10. [Everus Construction Group, Inc. — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P147185903)
11. [Everus Construction Group, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P101225942)
12. [Everus Construction Group, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P50459403)
13. [Everus Construction Group, Inc. — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P147185743)
14. [www.sec.gov](https://www.sec.gov/Archives/edgar/data/2015845/000201584526000019/proxy-20260327.htm)
15. [www.sec.gov](https://www.sec.gov/Archives/edgar/data/2015845/000201584526000010/q42025-20251231.htm)
16. [Everus Construction Group, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=T11868651)
17. [Everus Construction Group, Inc. — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=T16840250)
18. [Everus Construction Group, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P34467512)
19. [www.mdu.com](https://www.mdu.com/construction-services-separation/)
20. [everus.com](https://everus.com/about-everus/leadership-team/)
21. [Everus Construction Group, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P38871896)
22. [Everus Construction Group, Inc. — Full financial report (2025 Y)](https://app.finbar.com/go?id=P41891708)
23. [everus.com](https://everus.com/mdu-construction-services-group-rebrands-to-everus-construction-group-spinoff-remains-on-track-for-late-2024/)
24. [investors.everus.com](https://investors.everus.com/news/news-details/2026/Everus-Acquires-SEM-Leading-Contractor-in-Southeast-Region/default.aspx)

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