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.
- Symbol
- MYRG
- Exchange
- Nasdaq
- Sector
- Industrials
- Industry
- Engineering & Construction
- Market cap
- $4.50B
- 52 week range
- 182.73 - 503.57
Valuation
- Share price
- $295.18 (close of 2026-09-23)
- P/E (TTM)
- 27.22x
- Price to book
- 5.97x
- Price to free cash flow
- 23.27x
- Enterprise value
- $4.43B
- Book value per share
- $48.46
Price performance
| Period | Change |
|---|
| 1 day | +2.33% |
| 5 days | +8.81% |
| 1 month | -5.05% |
| 3 months | -36.93% |
| 6 months | +7.58% |
| Year to date | +35.09% |
| 1 year | +60.83% |
| 3 years | +117.89% |
| 5 years | +195.39% |
| 10 years | +907.78% |
| All time | +1678.19% |
Profitability and growth
- Return on equity
- 17.93%
- Return on invested capital
- 20.20%
- 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%
- Free cash flow growth
- 1977.44%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 4.30%
- Current ratio
- 1.40x
- Net debt to EBITDA
- -0.24x
Latest reported year
- Period end
- 2025-12-31
- 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 end | Revenue | Gross profit | Net income | EPS |
|---|
| 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 end | Gross margin | Net margin | Return on equity | Return on capital |
|---|
| 2025-12-31 | 11.59% | 3.24% | 17.93% | 20.20% |
| 2024-12-31 | 8.63% | 0.90% | 5.04% | 5.28% |
| 2023-12-31 | 10.00% | 2.50% | 13.97% | 13.58% |
| 2022-12-31 | 11.43% | 2.77% | 14.88% | 14.41% |
| 2021-12-31 | 13.01% | 3.40% | 16.38% | 18.87% |
| 2020-12-31 | 12.27% | 2.61% | 13.69% | 13.93% |
| 2019-12-31 | 10.34% | 1.82% | 10.34% | 7.92% |
| 2018-12-31 | 10.91% | 2.03% | 9.58% | 9.41% |
| 2017-12-31 | 8.91% | 1.51% | 7.37% | 7.23% |
| 2016-12-31 | 11.79% | 1.88% | 8.14% | 7.32% |
Cash and debt by year
| Period end | Cash | Debt |
|---|
| 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 end | Free cash flow | Stock-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
Next earnings report
- Next confirmed report
- 2026-11-04
- Consensus EPS estimate
- $3.09
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|
| 2026-07-29 | Jun/2026 | $2.53 |
| 2026-04-29 | - | - |
| 2026-02-25 | - | - |
| 2025-10-29 | - | - |
| 2025-07-30 | - | - |
| 2025-04-30 | - | - |
| 2025-02-26 | - | - |
| 2024-10-30 | - | - |
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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