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MYR Group MYRG Self-insurance reserves

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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$5.25B+83.7%
Enterprise value$5.18B+74.4%
P/E31.8×-5.7×
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:IncreaseDecreaseInSelfInsuranceReserve.

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

Filed
Apr 29, 2026, 4:13 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000700923-26-000028

FAQ

What is MYR Group's self-insurance reserves?
MYR Group (MYRG) reported self-insurance reserves of -$1.45M in Q1 2026.
How has MYR Group's self-insurance reserves changed year-over-year?
MYR Group's self-insurance reserves decreased by 45.1% year-over-year, from -$1M to -$1.45M.
What is the long-term trend for MYR Group's self-insurance reserves?
Over 2 years (2021 to 2025), MYR Group's self-insurance reserves has grown at a 21.1% compound annual growth rate (CAGR), from $5.57M to -$8.17M.
What does self-insurance reserves mean?
This metric tracks the net change in liabilities accrued for self-insured risks, such as workers' compensation, general liability, or auto claims. It reflects the company's estimate of future payouts for incurred but not yet settled claims. An increasing trend may suggest rising risk exposure or higher anticipated costs related to operational safety and legal liabilities.

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