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MYR Group MYRG C&I — Income from operations

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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:OperatingIncomeLoss.

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)T&DC&IGeneral CorporateConsolidated
Contract revenues$524,022$557,705$1,081,727
Operating costs (1)474,509510,41628,8571,013,782
Income from operations49,51347,289(28,857)67,945
Other income (expense):
Interest income866
Interest expense(706)
Other expense, net(974)
Income before provision for income taxes67,131

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is MYR Group's C&I — income from operations?
MYR Group (MYRG) reported C&I — income from operations of $47.29M in Q2 2026.
How has MYR Group's C&I — income from operations changed year-over-year?
MYR Group's C&I — income from operations increased by 115.0% year-over-year, from $21.99M to $47.29M.
What is the long-term trend for MYR Group's C&I — income from operations?
Over 4 years (2021 to 2025), MYR Group's C&I — income from operations has grown at a 15.6% compound annual growth rate (CAGR), from $54.42M to $97.21M.
What does C&I — income from operations mean?
Calculated as segment revenue minus operating costs, representing the core profitability of the commercial and industrial segment before interest and taxes. It highlights the operational effectiveness and pricing power of the business unit.

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