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MYR Group MYRG Operating Lease Liabilities

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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:OperatingLeaseLiabilityNoncurrent.

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, except share and per share data)June 30,2026December 31,2025
Deferred income tax liabilities49,86050,119
Long-term debt4,72254,483
Accrued self-insurance40,52542,827
Operating lease obligations, net of current maturities43,06529,429
Finance lease obligations, net of current maturities7771,220
Other liabilities8,42210,301
Total liabilities918,048983,656
Commitments and contingencies

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is MYR Group's operating lease liabilities?
MYR Group (MYRG) reported operating lease liabilities of $43.07M in Q2 2026.
How has MYR Group's operating lease liabilities changed year-over-year?
MYR Group's operating lease liabilities increased by 32.7% year-over-year, from $32.45M to $43.07M.
What is the long-term trend for MYR Group's operating lease liabilities?
Over 5 years (2020 to 2025), MYR Group's operating lease liabilities has grown at a 13.3% compound annual growth rate (CAGR), from $15.73M to $29.43M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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