MYR GROUP INC. MYRG

Industrials SIC 1623 - Water, Sewer, Pipeline, Comm & Power Line Construction NAICS Construction › Heavy and Civil Engineering Construction › Utility System Construction derived Nasdaq

We are a holding company of specialty electrical construction service providers that was established in 1995 through the merger of long-standing specialty contractors. Through our subsidiaries, we serve the electric utility infrastructure, commercial and industrial construction markets. Our operations are currently conducted through wholly-owned subsidiaries. We primarily provide electrical construction services through a network of local offices located throughout the United States and Canada. We provide a broad range of services, including design, engineering, procurement, construction, upgrade, maintenance and repair services, with a particular focus on construction, maintenance and repair.

Last close 254.49 2026-10-23
Market cap $3.96B 2026-06-30 share count
52-week range 199.31 - 503.56

Valuation FY2025 figures against the last close

P/S1.1x
P/E33.8x
P/FCF17.1x
EV/EBITDA16.6x
Dividend yield—
Diluted EPS7.53

Where the revenue comes from as reported in the latest 10-K

Revenue by segment

  • T&D
  • C&I
Revenue by segment, 2 categories over 3 years. The same figures are in the table below. FY2025 T&D, FY2025: 2B (54.7%) 55% T&D C&I, FY2025: 1.7B (45.3%) 45% C&I FY2024 T&D, FY2024: 1.9B (55.9%) 56% C&I, FY2024: 1.5B (44.1%) 44% FY2023 T&D, FY2023: 2.1B (57.3%) 57% C&I, FY2023: 1.6B (42.7%) 43%
Segment FY2025FY2024FY2023
T&D $2.00B $1.88B $2.09B
C&I $1.66B $1.48B $1.55B

As the company reported it, from the “Segment Information - Summary of Segment's Internal Financial Reports (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $3.66B$3.36B$3.64B$3.01B$2.50B$2.25B$2.07B$1.53B$1.40B$1.14B
Cost of revenue $3.23B$3.07B$3.28B$2.66B$2.17B$1.97B$1.86B$1.36B$1.28B$1.01B
Gross profit $423.8M$290.3M$364.4M$344.0M$325.0M$275.9M$214.2M$167.1M$125.0M$134.7M
SG&A $256.4M$238.2M$234.6M$222.4M$207.2M$188.5M$156.7M$118.7M$98.6M$96.4M
Total operating expenses $3.49B$3.31B$3.51B$2.89B——————
Operating income $166.9M$54.1M$129.1M$114.9M$118.6M$86.5M$57.2M$50.3M$29.6M$38.8M
Interest expense $5.6M$6.5M$4.9M$3.6M$1.8M$4.6M$6.2M$3.7M$2.6M$1.3M
Pre-tax income $161.3M$46.5M$125.0M$114.2M$116.3M$81.4M$50.4M$43.1M$24.6M$38.3M
Income tax $42.9M$16.2M$34.0M$30.8M$31.3M$22.6M$14.2M$11.8M$3.5M$16.9M
Net income $118.4M$30.3M$91.0M$83.4M$85.0M$58.8M$37.7M$31.1M$21.2M$21.4M
EPS, basic 7.571.845.454.985.053.522.271.891.301.25
EPS, diluted 7.531.835.404.914.953.482.261.871.281.23
Shares, diluted (wtd. avg.) 15.7M16.5M16.8M17.0M17.2M16.9M16.7M16.6M16.5M17.5M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $150.2M$3.5M$24.9M$51.0M$82.1M$22.7M$12.4M$7.5M$5.3M$23.8M
Receivables $603.7M$653.1M$521.9M$472.5M$375.4M$385.9M$388.5M$288.4M$240.3M$234.6M
Total current assets $1.06B$929.4M$1.03B$890.3M$748.4M$636.7M$639.2M$475.6M$379.7M$342.9M
Property, plant and equipment ——————$185.3M$161.9M$148.1M$154.9M
Goodwill $115.3M$113.0M$117.0M$115.8M$66.1M$66.1M$66.1M$56.6M$47.0M$46.8M
Other intangibles $72.5M$75.7M$83.5M$87.6M$49.1M$51.4M$54.9M$33.3M$10.9M$11.6M
Total assets $1.64B$1.49B$1.58B$1.40B$1.12B$995.9M$1.01B$748.8M$603.8M$573.5M
Accounts payable $314.8M$295.5M$359.4M$315.3M$200.7M$162.6M$192.1M$139.5M$110.4M$99.9M
Short-term debt $4.6M$4.4M$7.1M$5.1M$1.0M$4.4M$8.7M$3.7M$0—
Total current liabilities $795.3M$663.6M$747.2M$667.0M$498.6M$443.4M$396.8M$283.8M$188.6M$196.2M
Long-term debt $54.5M$70.0M$29.2M$35.5M$3.5M$25.0M$157.1M$86.1M$79.0M$59.1M
Total liabilities $983.7M$888.4M$927.5M$838.7M$602.0M$566.6M$643.4M$424.3M$316.7M$310.3M
Retained earnings $503.2M$453.7M$492.5M$404.9M$355.0M$270.5M$212.2M$174.7M$143.2M$123.3M
Total equity $660.4M$600.4M$651.2M$560.2M$519.1M$429.3M$364.5M$324.5M$287.0M$263.2M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $326.6M$87.1M$71.0M$167.5M$137.2M$175.2M$64.9M$84.8M-$9.2M$54.5M
Depreciation and amortisation $66.5M$65.2M$59.1M$58.2M$46.2M$46.5M$44.5M$39.9M$38.6M$39.1M
Stock-based compensation $14.8M$8.5M$8.4M$7.9M$7.5M$5.7M$4.4M$3.2M$4.4M$4.7M
Capital expenditure $94.4M$75.9M$84.7M$77.1M$52.4M$44.4M$57.8M$50.7M$30.8M$25.4M
Investing cash flow -$86.2M-$67.2M-$79.1M-$185.7M-$49.3M-$40.9M-$133.5M-$93.2M-$26.5M-$34.1M
Financing cash flow -$94.1M-$40.0M-$18.4M-$9.3M-$28.1M-$124.3M$73.4M$10.6M$16.9M-$35.5M
Buybacks $75.0M$75.0M$2.9M$37.0M$0$0$778.0K$1.0M$3.1M$101.5M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000700923-26-000007.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 1B 2B 3B 4B Revenue, FY2016: 1.1B Gross profit, FY2016: 134.7M Net income, FY2016: 21.4M Revenue, FY2017: 1.4B Gross profit, FY2017: 125M Net income, FY2017: 21.2M Revenue, FY2018: 1.5B Gross profit, FY2018: 167.1M Net income, FY2018: 31.1M Revenue, FY2019: 2.1B Gross profit, FY2019: 214.2M Net income, FY2019: 37.7M Revenue, FY2020: 2.2B Gross profit, FY2020: 275.9M Net income, FY2020: 58.8M Revenue, FY2021: 2.5B Gross profit, FY2021: 325M Net income, FY2021: 85M Revenue, FY2022: 3B Gross profit, FY2022: 344M Net income, FY2022: 83.4M Revenue, FY2023: 3.6B Gross profit, FY2023: 364.4M Net income, FY2023: 91M Revenue, FY2024: 3.4B Gross profit, FY2024: 290.3M Net income, FY2024: 30.3M Revenue, FY2025: 3.7B Gross profit, FY2025: 423.8M Net income, FY2025: 118.4M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $1.14B $1.40B $1.53B $2.07B $2.25B $2.50B $3.01B $3.64B $3.36B $3.66B
Gross profit $134.7M $125.0M $167.1M $214.2M $275.9M $325.0M $344.0M $364.4M $290.3M $423.8M
Net income $21.4M $21.2M $31.1M $37.7M $58.8M $85.0M $83.4M $91.0M $30.3M $118.4M

Recent filings and events

  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Item 7.01
  • Regulation FD disclosure Item 7.01
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Regulation FD disclosure Item 7.01
  • Results announced Item 2.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Regulation FD disclosure Item 7.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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