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Segments

By segment

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T&D$93.24M0.0%
C&I$25.83M0.0%

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:Goodwill.

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
Total current assets1,077,6261,060,761
Property and equipment, net of accumulated depreciation of $435,570 and $413,962, respectively315,657306,386
Operating lease right-of-use assets56,21242,448
Goodwill113,495115,266
Intangible assets, net of accumulated amortization of $41,854 and $39,967, respectively68,89872,476
Receivable for insurance claims in excess of deductibles19,20821,358
Deferred income taxes9,82212,723
Investment in joint ventures3,1873,224

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is MYR Group's goodwill?
MYR Group (MYRG) reported goodwill of $113.5M in Q2 2026.
How has MYR Group's goodwill changed year-over-year?
MYR Group's goodwill decreased by 1.7% year-over-year, from $115.47M to $113.5M.
What is the long-term trend for MYR Group's goodwill?
Over 5 years (2020 to 2025), MYR Group's goodwill has grown at a 11.8% compound annual growth rate (CAGR), from $66.07M to $115.27M.
What does goodwill mean?
The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.

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