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MYR Group MYRG T&D — Goodwill

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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$5.16B+78.8%
Enterprise value$5.08B+69.8%
P/E31.2×-6.6×
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-K, filed February 25, 2026.

Filed
Feb 25, 2026, 4:08 PM EST
Fiscal year
FY2025
Accession
0000700923-26-000007
(in thousands)2025 / Gross Carrying Amount2025 / Accumulated Amortization2025 / Net Carrying Amount2024 / Gross Carrying Amount2024 / Accumulated Amortization2024 / Net Carrying Amount
Goodwill
T&D$93,240$93,240$93,240$93,240
C&I25,83025,83025,83025,830
Foreign currency translation(3,804)(3,804)(6,087)(6,087)
Total goodwill$115,266$115,266$112,983$112,983
Amortizable Intangible Assets
Backlog$9,296$9,296$9,296$9,296
Customer relationships71,13930,84240,29771,13925,31945,820

Item 8. Financial Statements and Supplementary Data

FAQ

What is MYR Group's T&D — goodwill?
MYR Group (MYRG) reported T&D — goodwill of $93.24M in Q4 2025.
How has MYR Group's T&D — goodwill changed year-over-year?
MYR Group's T&D — goodwill decreased by 0.0% year-over-year, from $93.24M to $93.24M.
What does T&D — goodwill mean?
Represents the excess of the purchase price over the fair value of net identifiable assets acquired in business combinations allocated to the transmission and distribution segment. It serves as an indicator of the premium paid for expected future synergies and market positioning.

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