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MYR Group MYRG Q4 2024 Annual earnings

Reported February 26, 2025 · After market close

Revenue$829.8MMiss by $57.8M
EPS$0.99Beat by $0.24
Revenue estimate$887.6M
EPS estimate$0.75

Next report

Date not yet announced

Financials

Q4 2024

Income statement

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Revenue$829.8M-17.4%
Gross profit$85.9M-11.8%
Operating income$30.2M-18.9%
Net income$16.0M-33.6%
EPS (diluted)$0.97-31.7%

Balance sheet

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Cash & equivalents$3.5M-86.1%
Total debt$120.0M+63.0%
Total equity$600.4M-7.8%
Total assets$1.6B-0.3%

Cash flow

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Operating cash flow$21.1M-50.5%
CapEx$12.3M-41.3%
Free cash flow$8.8M

Valuation & ratios

Valuation

as of 12/31/24
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Market cap$2.4B-0.7%
Enterprise value$2.51B+2.1%
P/E79.3×+52.7×
P/S0.7×+0.1×

Profitability

See full
Gross margin8.6%-1.4pp
Operating margin1.6%-1.9pp
Net margin0.9%-1.6pp
FCF margin0.3%

Returns & leverage

See full
Return on equity4.8%-10.2pp
Debt / equity0.2×+0.1×
Current ratio1.4×0.0×

Segments

By segment

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T&D$450.0M-23.9%
C&I$379.8M-8.0%

Versus estimates

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Questions, answered.

When did MYR Group report Q4 2024 earnings?
MYR Group (MYRG) reported Q4 2024 earnings on February 26, 2025 after market close.
What were MYR Group's Q4 2024 revenue and EPS?
MYR Group reported revenue of $829.8M and eps of $0.99 for Q4 2024.
Did MYR Group beat estimates in Q4 2024?
Revenue missed the consensus estimate of $887.6M by $57.8M. EPS beat the consensus estimate of $0.75 by $0.24.
Where can I find MYR Group's Q4 2024 SEC filings?
You can read the 10-K periodic report (0000700923-25-000006) directly on SEC EDGAR. The filing index links above go to sec.gov.