Adam Bubes

if you could touch on the size of the data center projects you're seeing in the pipeline

you acquired the electrical contractor there, but what's the exposure to the state today?

can you help us break out the revenue growth outlook between organic and acquisition? I know there's a few moving pieces with divestitures, and the acquisitions you did last year

can you update us on the M&A pipeline today? I know it's hard to predict timing of M&A. But can you talk about how active your M&A pipeline is maybe compared to this time last year

What's sort of the sustainable rate of growth that we should be underwriting in that business

how much more runway you have to increase utilization, both from an hour per employee basis and then in terms of just productivity

what's driving your outsized data center growth versus industry data points in your view. And do you expect that spread is sustainable

If data centers continue to increase as a percent of your overall revenue, should we expect potential for further total company margin expansion

typically, you folks can see – and typically, you do see a step-up 2Q versus 1Q in margins. Any puts and takes around that normal cadence

Which types of projects are driving the mix tailwind? And how do margins on the average data center project specifically compare to portfolio averages

is the next leg of growth coming from existing markets or new markets? And just if it's new, is that an organic expansion or via M&A

any specific driver of the positive variance in margins versus your expectation heading into the quarter

how are you thinking about your ability to continue to grow employee count in 2025 and how much of that, you know, 7.5% organic growth would be driven by employee capacity

Can you just help us bifurcate 2025 organic growth between your highest growth end markets data centers, and high-tech manufacturing and how that compares to the balance of the business

How should we think about incremental CapEx associated with 1 million incremental square foot of capacity?

Any incremental investments or opportunities on that side?

Is there a way to frame what incremental EBITDA and the new guide is coming from the acquired stake in PA Consulting

to what extent AI machine learning is impacting projects and productivity today

Any outsized benefit to call out there, or what's the right way to think about sustainability of those margins

put into context the benefit from your initiatives, to engage with clients at the early phases of the project in terms of that benefit to margins?

How big is that business for you today? What's the growth trajectory look like? And is there an opportunity to expand further there

how are you thinking about potential magnitude of growth in the balance of the year?

you called out weather as a $30 million headwind in the quarter and then you were lapping maybe $12 million of event-related volumes.

I think the spread between core price and yield was a little wider this quarter at 2.7% versus I think 2% last year. Is that just a mix impact?

hoping to get some color on how the landfill business is performing there, Industrial Services. You also have E&P

mark-to-market us on where we are on your realization of the $100 million run rate EBITDA for landfill gas

Does the 25 million MMBtu production run rate, does that represent like a normalized production level?

Where can that trend beyond 2026, you'll have landfill gas, which is high free cash flow conversion ramping

How should we be thinking about what normalized corporate expense as a percent of sales looks like beyond 2026

out of the 230 basis points of margin expansion in this fourth quarter, how much of that expansion was maybe more one-off

what's your confidence level that, that 50% will be absorbed by those markets