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MYR Group

MYRG

MYR Group is a leading specialty contractor providing comprehensive electrical construction services across the United States and Canada.

Market cap
$5.75B+84.7%
Revenue$4.0B+16.1%
Net income$165.3M+116%
Free cash flow$193.4M+78.0%
EPS (diluted)$10.54+121%
Trailing twelve months · change vs. prior year

Earnings

Q2 2026 report

July 29, 2026

Next report

Date not yet announced

Financials

Q2 2026

Income statement

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Revenue$1.1B+20.1%
Gross profit$142.7M+37.6%
Operating income$67.9M+70.8%
Net income$49.9M+88.4%
EPS (diluted)$3.17+86.5%

Balance sheet

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Cash & equivalents$137.9M+501%
Total debt$67.1M-49.9%
Total assets$1.7B+5.4%

Cash flow

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Operating cash flow$3.3M-89.9%
CapEx$28.9M+36.2%

Valuation & ratios

Valuation

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Market cap$5.75B+84.7%
Enterprise value$5.67B+79.4%
P/E34.8×-5.2×
P/S1.4×+0.5×

Profitability

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Gross margin12.5%+1.9pp
Operating margin5.6%+2.0pp
Net margin4.1%+1.9pp

Returns & leverage

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Current ratio1.4×+0.1×

Segments

By segment

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C&I$557.7M+41.5%
T&D$524.0M+3.5%

Competitors

Profile

MYR Group is a leading specialty contractor providing comprehensive electrical construction services across the United States and Canada. The company serves the electric utility infrastructure and commercial and industrial markets, offering a full suite of services including design, engineering, procurement, construction, and maintenance. Its core value proposition centers on technical expertise, a strong safety record, and the ability to execute complex, large-scale infrastructure projects.

Competitive position

A leading national specialty contractor with a long operating history dating back to 1891, distinguished by its scale, financial strength, and ability to handle high-voltage and technically complex projects.

GeographiesUnited States, Canada
Customer segmentsElectric utilities, General contractors, Industrial facility owners, Government agencies
Business modelFixed-price contracts, Unit-price agreements, Time-and-materials, Cost-plus, Master Service Agreements (MSA)
SuppliersElectrical component manufacturers, Specialized heavy-duty equipment providers, Engineering subcontractors, Raw material suppliers (steel, copper, aluminum)
CustomersElectric utility providers, Power generation companies, General construction contractors, Municipal and federal government agencies, Industrial facility operators
Listed2008
Employees9.0K
CEORichard S. Swartz Jr.
FilingsSEC EDGAR

Questions, answered.

What is MYR Group's market cap?
MYR Group (MYRG) has a market capitalization of $5.7B and trades on NASDAQ.
What is MYR Group's revenue and profitability?
MYR Group generated $4.0B in trailing twelve-month revenue with net income of $165.3M, representing a net margin of 4.1%. Gross margin stands at 12.5%, with free cash flow of $193.4M. These figures are based on the Q2 2026 filing.
Who are MYR Group's competitors?
MYR Group's key competitors include EMCOR Group, Inc., Quanta Services, Inc., MasTec, Inc., and others. These companies compete in similar markets and product categories.
Where is MYR Group headquartered?
MYR Group is headquartered in United States of America and employs approximately 9,000 people. It has been publicly traded since 2008.