MYR Group Inc. (MYRG)

MYR Group Inc., through its subsidiaries, provides electrical construction services in the United States and Canada. The company operates through two segments: Transmission and Distribution, and Commercial and Industrial. Its Transmission and Distribution segment offers a range of services on electric transmission and distribution networks, and substation facilities, including design, engineering, procurement, construction, upgrade, maintenance, and repair services with primary focus on construction, maintenance, and repair to customers in the electric utility industry; and services, including construction and maintenance of high voltage transmission lines, substations, and lower voltage underground and overhead distribution systems, clean energy projects, and electric vehicle charging infrastructure services, as well as emergency restoration services in response to hurricane, wildfire, ice storm, or other related damages. This segment serves as prime contractor to customers, such as investor-owned utilities, cooperatives, private developers, government-funded utilities, independent power producers, independent transmission companies, industrial facility owners, and other contractors. The Commercial and Industrial segment provides a range of services, including design, installation, maintenance, and repair of commercial and industrial wiring; and installation of intelligent transportation systems, roadway lighting, and signalization for airports, hospitals, data centers, hotels, stadiums, commercial and industrial facilities, clean energy projects, manufacturing plants, processing facilities, water/waste-water treatment facilities, mining facilities, intelligent transportation systems, roadway lighting, signalization, and electric vehicle charging infrastructure. This segment serves general contractors, commercial and industrial facility owners, governmental agencies, and developers. MYR Group Inc. was founded in 1891 and is headquartered in Thornton, Colorado.

Ticker
MYRG
Exchange
Nasdaq
Sector
Industrials
Industry
Engineering & Construction
Market cap
$4.09B
52-week range
$199.31 - $503.57

Valuation

Share price
$262.91 (close of Nov 6, 2026)
P/E (TTM)
21.20x
Price to book
5.00x
Price to free cash flow
29.86x
Enterprise value
$4.35B
Book value per share
$52.60

Price performance

PeriodChange
1 day+6.62%
5 days-6.97%
1 month-18.98%
3 months-20.60%
6 months-42.19%
Year to date+20.32%
1 year+12.65%
3 years+127.45%
5 years+134.28%
10 years+766.55%
All time+1,483.80%

Short interest

As of
Oct 15, 2026
Short % of float
6.14%
Shares short
784.54K
Days to cover
3.42
Change since prior report
+17.15%
Source
FINRA consolidated short interest

Profitability and growth

Return on equity
17.93%
Return on invested capital
16.23%
Return on assets
7.20%
Return on capital employed
19.66%
Gross margin
11.59%
Net margin
3.24%
EBITDA margin
6.38%
Revenue growth
8.79%
Net income growth
291.29%

Cash flow and balance sheet

Free cash flow yield (TTM)
3.35%
Current ratio
1.33x
Net debt to EBITDA
0.74x

Latest reported year

Period end
Dec 31, 2025
Fiscal year
2025
Revenue
$3.66B
Cost of revenue
$3.23B
Gross profit
$423.79M
EBITDA
$233.38M
Net income
$118.42M
Earnings per share
$7.57
Interest expense
$5.65M
Shares outstanding
15.64M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$3.66B$423.79M$118.42M$7.57
2024-12-31$3.36B$290.32M$30.26M$1.84
2023-12-31$3.64B$364.40M$90.99M$5.45
2022-12-31$3.01B$343.96M$83.38M$4.98
2021-12-31$2.50B$324.98M$85.01M$5.05
2020-12-31$2.25B$275.85M$58.76M$3.52
2019-12-31$2.07B$214.16M$37.69M$2.27
2018-12-31$1.53B$167.06M$31.09M$1.89
2017-12-31$1.40B$125.00M$21.15M$1.30
2016-12-31$1.14B$134.72M$21.43M$1.25

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3111.59%3.24%17.93%16.23%
2024-12-318.63%0.90%5.04%5.25%
2023-12-3110.00%2.50%13.97%13.12%
2022-12-3111.43%2.77%14.88%13.25%
2021-12-3113.01%3.40%16.38%16.02%
2020-12-3112.27%2.61%13.69%13.28%
2019-12-3110.34%1.82%10.34%7.74%
2018-12-3110.91%2.03%9.58%9.24%
2017-12-318.91%1.51%7.37%7.12%
2016-12-3111.79%1.88%8.14%6.78%

Cash and debt by year

Period endCashDebt
2025-12-31$150.16M$54.48M
2024-12-31$3.46M$70.02M
2023-12-31$24.90M$29.19M
2022-12-31$51.04M$35.48M
2021-12-31$82.09M$3.46M
2020-12-31$22.67M$25.04M
2019-12-31$12.40M$157.09M
2018-12-31$7.51M$86.11M
2017-12-31$5.34M$78.96M
2016-12-31$23.85M$59.07M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$232.19M$14.83M
2024-12-31$11.18M$8.53M
2023-12-31-$13.72M$8.38M
2022-12-31$90.43M$7.92M
2021-12-31$84.87M$7.50M
2020-12-31$130.81M$5.69M
2019-12-31$7.07M$4.40M
2018-12-31$34.09M$3.17M
2017-12-31-$40.04M$4.38M
2016-12-31$29.12M$4.67M

Investor relations

Past earnings dates

ReportedFiscal periodEPS estimate
2026-10-28Sep 2026$3.09
2026-07-29Jun 2026$2.53
2026-04-29Mar 2026$2.09
2026-02-25Dec 2025$1.73
2025-10-29Sep 2025$1.82
2025-07-30Jun 2025$1.56
2025-04-30Mar 2025$1.23
2025-02-26Dec 2024$0.30

Filings and sources

Company website
myrgroup.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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