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MYR Group MYRG Increase (Decrease) in Contract with Customer, Asset

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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:IncreaseDecreaseInContractWithCustomerAsset.

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

Filed
Apr 29, 2026, 4:13 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000700923-26-000028
(in thousands)Three months ended March 31, 2026Three months ended March 31, 2025
Other non-cash items29471
Changes in operating assets and liabilities:
Accounts receivable, net(32,573)84,015
Contract assets, net16,885(34,023)
Receivable for insurance claims in excess of deductibles2,440(305)
Other assets2,9559,509
Accounts payable15,715(7,831)
Contract liabilities, net(18,748)(34,932)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is MYR Group's increase (decrease) in contract with customer, asset?
MYR Group (MYRG) reported increase (decrease) in contract with customer, asset of -$16.89M in Q1 2026.
How has MYR Group's increase (decrease) in contract with customer, asset changed year-over-year?
MYR Group's increase (decrease) in contract with customer, asset decreased by 142.6% year-over-year, from $39.62M to -$16.89M.
What is the long-term trend for MYR Group's increase (decrease) in contract with customer, asset?
Over 2 years (2021 to 2024), MYR Group's increase (decrease) in contract with customer, asset has grown at a 77.4% compound annual growth rate (CAGR), from $39.27M to -$123.62M.

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