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MYR Group MYRG Finance Lease Liabilities

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Other financials

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 equity$660.4M+10.0%
Total assets$1.7B+5.4%

Cash flow

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Operating cash flow$3.3M-89.9%
CapEx$28.9M+36.2%
Free cash flow$68.6M-2.3%

Valuation

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Market cap$5.2B+80.3%
Enterprise value$5.13B+71.2%
P/E31.4×-6.3×
P/S1.3×+0.5×

Profitability

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Gross margin12.5%+1.9pp
Operating margin5.6%+2.0pp
Net margin4.1%+1.9pp
FCF margin6%+3.1pp

Returns & leverage

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Return on equity18.8%+13.9pp
Debt / equity0.2×0.0×
Current ratio1.4×+0.1×

Where this comes from

Reported directly by MYR Group in its filing.

Tagged under the XBRL concept us-gaap:FinanceLeaseLiabilityNoncurrent.

The source filing: MYR Group’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:12 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000700923-26-000042
(in thousands, except share and per share data)June 30,2026December 31,2025
Long-term debt4,72254,483
Accrued self-insurance40,52542,827
Operating lease obligations, net of current maturities43,06529,429
Finance lease obligations, net of current maturities7771,220
Other liabilities8,42210,301
Total liabilities918,048983,656
Commitments and contingencies
Shareholders’ equity:

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is MYR Group's finance lease liabilities?
MYR Group (MYRG) reported finance lease liabilities of $777K in Q2 2026.
How has MYR Group's finance lease liabilities changed year-over-year?
MYR Group's finance lease liabilities decreased by 52.4% year-over-year, from $1.63M to $777K.
What does finance lease liabilities mean?
Present value of future payments on leases classified as finance leases under ASC 842 — treated similarly to debt on the balance sheet.

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