NASDAQ : MYRG
MYR Group Inc. — Financial statements
Industrials · Engineering & Construction · United States
Last price 282.62 USD (Oct 30, 2026, 4:00 PM EST) · Market cap 4.40B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
MYR Group Inc. (MYRG) reported revenue of 4.31B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 4.31B | 3.66B | 3.36B | 3.64B | 3.01B | 2.50B |
| Cost of Revenue | 3.76B | 3.23B | 3.07B | 3.28B | 2.66B | 2.17B |
| Gross Profit | 559.64M | 423.79M | 290.32M | 364.40M | 343.96M | 324.98M |
| Selling, General & Admin | 288.55M | 256.36M | 227.92M | 234.61M | 222.42M | 207.21M |
| Amortization of Goodwill & Intangibles | 9.72M | 4.82M | 4.87M | 4.91M | 9.01M | 2.31M |
| Operating Expenses | 298.27M | 261.18M | 232.79M | 239.52M | 231.43M | 209.52M |
| Operating Income | 261.37M | 162.61M | 57.53M | 124.88M | 112.53M | 115.46M |
| Interest Expense | -5.83M | -5.65M | -6.53M | -4.94M | -3.56M | -1.80M |
| Interest & Investment Income | 2.36M | 723.00K | 415.00K | 888.00K | 187.00K | 70.00K |
| Currency Exchange Gain (Loss) | -1.20M | -700.00K | -1.40M | -100.00K | -200.00K | -100.00K |
| Other Non Operating Income (Expenses) | 262.00K | 37.00K | -79.00K | 62.00K | 2.17M | -425.00K |
| EBT Excluding Unusual Items | 256.95M | 157.02M | 49.94M | 120.79M | 111.13M | 113.21M |
| Merger & Restructuring Charges | -1.40M | |||||
| Gain (Loss) on Sale of Assets | 4.33M | 4.26M | 6.85M | 4.21M | 2.38M | 3.10M |
| Other Unusual Items | -10.30M | 700.00K | ||||
| Pretax Income | 259.88M | 161.28M | 46.49M | 125.00M | 114.20M | 116.31M |
| Income Tax Expense | 66.68M | 42.87M | 16.23M | 34.01M | 30.82M | 31.30M |
| Earnings From Continuing Operations | 193.20M | 118.42M | 30.26M | 90.99M | 83.38M | 85.01M |
| Minority Interest in Earnings | 4.00K | |||||
| Net Income | 193.20M | 118.42M | 30.26M | 90.99M | 83.38M | 85.01M |
| Net Income to Common | 193.20M | 118.42M | 30.26M | 90.99M | 83.38M | 85.01M |
| Shares Outstanding (Basic) | 15.56M | 15.64M | 16.47M | 16.68M | 16.76M | 16.84M |
| Shares Outstanding (Diluted) | 15.70M | 15.73M | 16.53M | 16.84M | 16.98M | 17.16M |
| EPS (Basic) | 12.42 | 7.57 | 1.84 | 5.45 | 4.97 | 5.05 |
| EPS (Diluted) | 12.31 | 7.53 | 1.83 | 5.40 | 4.91 | 4.95 |
| Free Cash Flow | 137.11M | 232.19M | 11.18M | -13.72M | 90.43M | 84.87M |
| Free Cash Flow Per Share | 8.73 | 14.76 | 0.68 | -0.81 | 5.33 | 4.95 |
| Gross Margin | 12.97% | 11.59% | 8.63% | 10.00% | 11.43% | 13.01% |
| Operating Margin | 6.06% | 4.45% | 1.71% | 3.43% | 3.74% | 4.62% |
| Profit Margin | 4.48% | 3.24% | 0.90% | 2.50% | 2.77% | 3.40% |
| Free Cash Flow Margin | 3.18% | 6.35% | 0.33% | -0.38% | 3.01% | 3.40% |
| EBITDA | 338.74M | 229.12M | 122.72M | 184.02M | 170.70M | 161.67M |
| EBITDA Margin | 7.85% | 6.26% | 3.65% | 5.05% | 5.67% | 6.47% |
| D&A For EBITDA | 77.37M | 66.51M | 65.19M | 59.14M | 58.17M | 46.20M |
| EBIT | 261.37M | 162.61M | 57.53M | 124.88M | 112.53M | 115.46M |
| EBIT Margin | 6.06% | 4.45% | 1.71% | 3.43% | 3.74% | 4.62% |
| Effective Tax Rate | 25.66% | 26.58% | 34.91% | 27.21% | 26.99% | 26.91% |
| Advertising Expenses | 1.90M | 2.00M | 1.80M | 1.20M | 800.00K |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 26.01M | 150.16M | 3.46M | 24.90M | 51.04M | 82.09M |
| Cash & Short-Term Investments | 26.01M | 150.16M | 3.46M | 24.90M | 51.04M | 82.09M |
| Accounts Receivable | 1.12B | 840.65M | 867.30M | 934.77M | 770.27M | 597.46M |
| Other Receivables | 12.73M | 14.98M | 16.17M | 20.04M | 21.16M | 23.27M |
| Receivables | 1.13B | 855.62M | 883.48M | 954.81M | 791.43M | 620.73M |
| Prepaid Expenses | 30.61M | 52.91M | 40.87M | 44.41M | 45.98M | 44.68M |
| Other Current Assets | 2.07M | 1.60M | 2.12M | 1.85M | 887.00K | |
| Total Current Assets | 1.19B | 1.06B | 929.41M | 1.03B | 890.29M | 748.39M |
| Property, Plant & Equipment | 408.92M | 348.83M | 320.87M | 303.99M | 263.72M | 217.06M |
| Long-Term Investments | 3.26M | 3.22M | 3.73M | 8.71M | 3.70M | 3.98M |
| Goodwill | 224.04M | 115.27M | 112.98M | 116.95M | 115.85M | 66.06M |
| Other Intangible Assets | 230.85M | 72.48M | 75.69M | 83.52M | 87.56M | 49.05M |
| Long-Term Deferred Tax Assets | 18.26M | 12.72M | 5.73M | |||
| Long-Term Deferred Charges | 4.60M | 1.20M | 1.80M | 2.20M | ||
| Other Long-Term Assets | 30.42M | 29.59M | 38.59M | 37.14M | 37.75M | 36.54M |
| Total Assets | 2.11B | 1.64B | 1.49B | 1.58B | 1.40B | 1.12B |
| Accounts Payable | 385.26M | 314.79M | 295.48M | 359.36M | 315.32M | 200.74M |
| Accrued Expenses | 29.93M | 123.74M | 95.04M | 116.86M | 90.73M | 101.90M |
| Current Portion of Long-Term Debt | 16.99M | 4.55M | 4.36M | 7.05M | 5.07M | 1.04M |
| Current Portion of Leases | 15.64M | 13.82M | 13.19M | 11.28M | 10.84M | 7.76M |
| Current Income Taxes Payable | 129.00K | 15.13M | 196.00K | 237.00K | 6.57M | 6.63M |
| Current Unearned Revenue | 280.54M | 300.56M | 236.70M | 240.41M | 227.06M | 167.93M |
| Other Current Liabilities | 160.91M | 22.68M | 18.68M | 12.01M | 11.37M | 12.60M |
| Total Current Liabilities | 889.40M | 795.28M | 663.64M | 747.20M | 666.96M | 498.60M |
| Long-Term Debt | 198.78M | 54.48M | 70.02M | 29.19M | 35.48M | 3.46M |
| Long-Term Leases | 49.71M | 30.65M | 32.43M | 26.09M | 23.16M | 13.23M |
| Long-Term Deferred Tax Liabilities | 95.47M | 50.12M | 52.50M | 48.23M | 45.77M | 24.62M |
| Other Long-Term Liabilities | 55.20M | 53.13M | 69.86M | 76.83M | 67.29M | 62.08M |
| Total Liabilities | 1.29B | 983.66M | 888.44M | 927.54M | 838.66M | 601.99M |
| Common Stock | 155.00K | 155.00K | 161.00K | 167.00K | 165.00K | 168.00K |
| Additional Paid-In Capital | 170.29M | 165.21M | 159.13M | 162.39M | 161.43M | 163.75M |
| Retained Earnings | 659.61M | 503.24M | 453.72M | 492.53M | 404.91M | 355.01M |
| Comprehensive Income & Other | -11.07M | -8.18M | -12.65M | -3.88M | -6.30M | 173.00K |
| Total Common Equity | 818.99M | 660.42M | 600.36M | 651.20M | 560.20M | 519.10M |
| Shareholders' Equity | 818.99M | 660.42M | 600.36M | 651.20M | 560.20M | 519.10M |
| Total Liabilities & Equity | 2.11B | 1.64B | 1.49B | 1.58B | 1.40B | 1.12B |
| Total Debt | 281.11M | 103.51M | 119.99M | 73.61M | 74.55M | 25.50M |
| Net Cash (Debt) | -255.10M | 46.65M | -116.53M | -48.71M | -23.51M | 56.59M |
| Net Cash Per Share | -16.25 | 2.97 | -7.05 | -2.89 | -1.38 | 3.30 |
| Filing Date Shares Outstanding | 15.57M | 15.54M | 16.14M | 16.74M | 16.67M | 16.96M |
| Total Common Shares Outstanding | 15.57M | 15.52M | 16.12M | 16.68M | 16.56M | 16.87M |
| Working Capital | 297.79M | 265.48M | 265.76M | 279.04M | 223.33M | 249.79M |
| Book Value Per Share | 52.60 | 42.55 | 37.24 | 39.03 | 33.82 | 30.77 |
| Tangible Book Value | 364.08M | 472.68M | 411.69M | 450.73M | 356.80M | 403.98M |
| Tangible Book Value Per Share | 23.38 | 30.45 | 25.54 | 27.02 | 21.54 | 23.95 |
| Land | 10.35M | 10.35M | 10.35M | 10.23M | 10.23M | |
| Buildings | 60.40M | 51.88M | 44.35M | 40.48M | 35.60M | |
| Machinery | 649.60M | 603.22M | 594.74M | 534.22M | 472.39M | |
| Order Backlog | 2.65B | 2.40B |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 193.20M | 118.42M | 30.26M | 90.99M | 83.38M | 85.01M |
| Depreciation & Amortization | 77.37M | 66.51M | 65.19M | 59.14M | 58.17M | 46.20M |
| Loss (Gain) From Sale of Assets | -4.33M | -4.26M | -6.85M | -4.21M | -2.38M | -3.10M |
| Stock-Based Compensation | 18.42M | 14.83M | 8.53M | 8.38M | 7.92M | 7.50M |
| Other Operating Activities | -10.02M | -9.33M | 1.06M | 2.15M | 11.87M | 8.17M |
| Change in Accounts Receivable | -102.18M | 28.40M | -13.80M | -158.35M | -151.36M | -28.61M |
| Change in Accounts Payable | 48.66M | 19.70M | -60.96M | 37.25M | 109.01M | 34.35M |
| Change in Unearned Revenue | 39.69M | 63.38M | 76.66M | 3.73M | 58.00M | 9.57M |
| Change in Other Net Operating Assets | -11.83M | 28.93M | -12.97M | 31.95M | -7.13M | -21.87M |
| Operating Cash Flow | 248.99M | 326.57M | 87.11M | 71.02M | 167.48M | 137.23M |
| Capital Expenditures | -111.88M | -94.37M | -75.94M | -84.74M | -77.06M | -52.36M |
| Sale of Property, Plant & Equipment | 6.20M | 8.19M | 8.73M | 5.61M | 1.99M | 3.06M |
| Cash Acquisitions | -324.79M | -110.66M | ||||
| Investing Cash Flow | -430.47M | -86.18M | -67.21M | -79.13M | -185.73M | -49.30M |
| Long-Term Debt Issued | 754.44M | 822.49M | 562.90M | 222.88M | ||
| Long-Term Debt Repaid | -770.86M | -785.55M | -568.36M | -188.42M | -25.25M | |
| Net Debt Issued (Repaid) | 143.44M | -16.42M | 36.94M | -5.46M | 34.46M | -25.25M |
| Issuance of Common Stock | 20.00K | 40.00K | 498.00K | |||
| Repurchase of Common Stock | -8.60M | -77.65M | -80.87M | -10.80M | -43.77M | -3.35M |
| Other Financing Activities | -3.38M | 3.96M | -2.13M | 12.00K | ||
| Financing Cash Flow | 131.46M | -94.07M | -39.96M | -18.37M | -9.27M | -28.09M |
| Foreign Exchange Rate Adjustments | -173.00K | 378.00K | -1.38M | 339.00K | -3.54M | -410.00K |
| Net Cash Flow | -50.20M | 146.69M | -21.43M | -26.14M | -31.05M | 59.42M |
| Free Cash Flow | 137.11M | 232.19M | 11.18M | -13.72M | 90.43M | 84.87M |
| Free Cash Flow Margin | 3.18% | 6.35% | 0.33% | -0.38% | 3.01% | 3.40% |
| Free Cash Flow Per Share | 8.73 | 14.76 | 0.68 | -0.81 | 5.33 | 4.95 |
| Levered Free Cash Flow | 48.96M | 231.22M | 22.28M | -26.53M | 45.44M | 77.80M |
| Unlevered Free Cash Flow | 52.61M | 234.75M | 26.36M | -23.44M | 47.67M | 78.93M |
| Cash Interest Paid | 5.12M | 5.12M | 5.77M | 4.14M | 2.74M | 1.44M |
| Cash Income Tax Paid | 28.67M | 28.67M | 15.07M | 23.95M | 20.46M | 30.01M |
| Change in Working Capital | -25.66M | 140.40M | -11.07M | -85.43M | 8.52M | -6.55M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 4.52B | 3.39B | 2.40B | 2.42B | 1.53B | 1.86B |
| Enterprise Value | 4.78B | 3.43B | 2.53B | 2.48B | 1.61B | 1.82B |
| Last Close Price | 282.62 | 218.50 | 148.77 | 144.63 | 92.07 | 110.55 |
| PE Ratio | 23.61 | 28.64 | 79.25 | 26.56 | 18.33 | 21.94 |
| Forward PE | 19.94 | 25.57 | 30.73 | 22.29 | 19.12 | 22.79 |
| PS Ratio | 1.02 | 0.93 | 0.71 | 0.66 | 0.51 | 0.75 |
| PB Ratio | 5.37 | 5.14 | 4.00 | 3.71 | 2.73 | 3.59 |
| P/TBV Ratio | 12.09 | 7.18 | 5.83 | 5.36 | 4.28 | 4.62 |
| P/FCF Ratio | 32.09 | 14.61 | 214.59 | 16.90 | 21.98 | |
| P/OCF Ratio | 17.67 | 10.39 | 27.53 | 34.03 | 9.13 | 13.59 |
| PEG Ratio | 0.57 | 0.77 | 3.07 | 1.49 | 1.91 | 1.52 |
| EV/Sales Ratio | 1.08 | 0.94 | 0.75 | 0.68 | 0.54 | 0.73 |
| EV/EBITDA Ratio | 13.74 | 14.99 | 20.60 | 13.48 | 9.45 | 11.25 |
| EV/EBIT Ratio | 17.81 | 21.12 | 43.95 | 19.86 | 14.34 | 15.75 |
| EV/FCF Ratio | 33.96 | 14.79 | 226.20 | 17.84 | 21.43 | |
| Debt / Equity Ratio | 0.34 | 0.16 | 0.20 | 0.11 | 0.13 | 0.05 |
| Debt / EBITDA Ratio | 0.78 | 0.42 | 0.86 | 0.37 | 0.40 | 0.15 |
| Debt / FCF Ratio | 2.05 | 0.45 | 10.74 | 0.82 | 0.30 | |
| Net Debt / Equity Ratio | 0.31 | -0.07 | 0.19 | 0.07 | 0.04 | -0.11 |
| Net Debt / EBITDA Ratio | 0.75 | -0.20 | 0.95 | 0.27 | 0.14 | -0.35 |
| Net Debt / FCF Ratio | 1.86 | -0.20 | 10.43 | -3.55 | 0.26 | -0.67 |
| Asset Turnover | 2.30 | 2.33 | 2.19 | 2.45 | 2.39 | 2.36 |
| Quick Ratio | 1.30 | 1.26 | 1.34 | 1.31 | 1.26 | 1.41 |
| Current Ratio | 1.33 | 1.33 | 1.40 | 1.37 | 1.33 | 1.50 |
| Return on Equity (ROE) | 26.90% | 18.79% | 4.84% | 15.02% | 15.45% | 17.93% |
| Return on Assets (ROA) | 8.71% | 6.49% | 2.34% | 5.24% | 5.58% | 6.82% |
| Return on Invested Capital (ROIC) | 22.11% | 17.94% | 5.29% | 14.16% | 15.71% | 18.32% |
| Return on Capital Employed (ROCE) | 21.50% | 19.20% | 7.00% | 15.00% | 15.40% | 18.50% |
| Earnings Yield | 4.23% | 3.49% | 1.26% | 3.77% | 5.46% | 4.56% |
| FCF Yield | 3.12% | 6.85% | 0.47% | -0.57% | 5.92% | 4.55% |
| Buyback Yield / Dilution | 0.97% | 4.82% | 1.85% | 0.84% | 1.05% | -1.60% |