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MYR Group MYRG T&D — Income from operations

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$47.29M+115%

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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 T&D — income from operations?
MYR Group (MYRG) reported T&D — income from operations of $49.51M in Q2 2026.
How has MYR Group's T&D — income from operations changed year-over-year?
MYR Group's T&D — income from operations increased by 22.4% year-over-year, from $40.47M to $49.51M.
What is the long-term trend for MYR Group's T&D — income from operations?
Over 4 years (2021 to 2025), MYR Group's T&D — income from operations has grown at a 4.4% compound annual growth rate (CAGR), from $132.74M to $157.61M.
What does T&D — income from operations mean?
Calculated as segment revenue minus operating costs, representing the core profitability of the transmission and distribution business before interest and taxes. It is a primary indicator of the segment's ability to generate value from its construction and engineering activities.

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