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MYR Group MYRG Operating Lease Liabilities (Total)

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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:OperatingLeaseLiability.

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)Finance Lease ObligationsOperating Lease ObligationsTotal Lease Obligations
20305,9055,905
20313,7273,727
Thereafter7,8407,840
Total minimum lease payments1,63066,44268,072
Financing component(63)(10,277)(10,340)
Net present value of minimum lease payments1,56756,16557,732
Less: current portion of finance and operating lease obligations(790)(13,100)(13,890)
Long-term finance and operating lease obligations$777$43,065$43,842

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is MYR Group's operating lease liabilities (total)?
MYR Group (MYRG) reported operating lease liabilities (total) of $56.17M in Q2 2026.
How has MYR Group's operating lease liabilities (total) changed year-over-year?
MYR Group's operating lease liabilities (total) increased by 24.0% year-over-year, from $45.29M to $56.17M.
What is the long-term trend for MYR Group's operating lease liabilities (total)?
Over 5 years (2020 to 2025), MYR Group's operating lease liabilities (total) has grown at a 13.7% compound annual growth rate (CAGR), from $22.34M to $42.45M.
What does operating lease liabilities (total) mean?
This represents the total present value of future lease payments for operating leases, recognized as a liability on the balance sheet. It reflects the company's long-term commitment to leased assets such as office space, warehouses, and equipment. Tracking this helps investors evaluate the company's off-balance-sheet financing obligations and overall debt-like commitments.

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