We are a holding company of specialty electrical construction service providers that was established in 1995 through the merger of long-standing specialty contractors. Through our subsidiaries, we serve the electric utility infrastructure, commercial and industrial construction markets. Our operations are currently conducted through wholly-owned subsidiaries. We primarily provide electrical construction services through a network of local offices located throughout the United States and Canada. We provide a broad range of services, including design, engineering, procurement, construction, upgrade, maintenance and repair services, with a particular focus on construction, maintenance and repair. Our principal executive offices are located at 12121 Grant Street, Suite 610, Thornton, Colorado 80241. The telephone number of our principal executive offices is (303) 286-8000.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 3.7B | 3.7B | 3.4B | 3.6B | 3.0B | 2.5B |
| Net Income | 118M | 118M | 30M | 91M | 83M | 85M |
| EPS | $7.53 | $7.53 | $1.83 | $5.40 | $4.91 | $4.95 |
| Free Cash Flow | 232M | 232M | 11M | -14M | 90M | 85M |
| ROIC | 20.0% | 19.1% | 5.1% | 15.1% | 16.4% | 19.3% |
| Gross Margin | 11.6% | 11.6% | 8.6% | 10.0% | 11.4% | 13.0% |
| Debt/Equity | 0.15 | 0.15 | 0.19 | 0.11 | 0.13 | 0.05 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | 167M | 167M | 54M | 129M | 115M | 119M |
| Operating Margin | 4.6% | 4.6% | 1.6% | 3.5% | 3.8% | 4.7% |
| ROE | 17.9% | 18.8% | 4.8% | 15.0% | 15.5% | 17.9% |
| Shares Outstanding | 16M | 16M | 17M | 17M | 17M | 17M |
MYR GROUP INC. passes 4 of 9 quality checks, suggesting mixed fundamentals.
MYR GROUP INC. trades at 42.8x trailing earnings, compared to its 15-year median P/E of 24.2x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 21.6x vs a median of 17.0x. The company's 5-year average ROIC is 15.0% with a gross margin of 10.9%. Total shareholder yield (buybacks) is 1.5%. At current prices, the estimated annualized return to fair value is +11.5%.
MYR GROUP INC. (MYRG) has a current P/E ratio of 42.8, compared to its historical median P/E of 24.2. The stock is currently considered Fair based on its historical valuation range.
MYR GROUP INC. (MYRG) has a 5-year average return on invested capital (ROIC) of 15.0%. This indicates solid capital allocation.
MYR GROUP INC. (MYRG) has a market capitalization of $5.1B. It is classified as a mid-cap stock.
MYR GROUP INC. (MYRG) does not currently pay a regular dividend. However, the company returns capital to shareholders through share buybacks, with a buyback yield of 1.48%.
Based on historical P/E analysis, MYR GROUP INC. (MYRG) appears fair. The current P/E of 42.8 is 76% above its historical median of 24.2. The estimated fair value CAGR (P/E method) is 12.6%.
MYR GROUP INC. (MYRG) operates in the Water, Sewer, Pipeline, Comm & Power Line Construction industry, within the Industrials sector.
MYR GROUP INC. (MYRG) reported annual revenue of $3.7 billion in its most recent fiscal year, based on SEC EDGAR filings.
MYR GROUP INC. (MYRG) has a net profit margin of 3.2%. This is a modest margin.
MYR GROUP INC. (MYRG) generated $232 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
MYR GROUP INC. (MYRG) has a debt-to-equity ratio of 0.15. This indicates a conservatively financed balance sheet.
MYR GROUP INC. (MYRG) reported earnings per share (EPS) of $7.53 in its most recent fiscal year.
MYR GROUP INC. (MYRG) has a return on equity (ROE) of 18.8%. This indicates the company generates strong returns for shareholders.
MYR GROUP INC. (MYRG) has a 5-year average gross margin of 10.9%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 17 years of financial data for MYR GROUP INC. (MYRG), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
MYR GROUP INC. (MYRG) has a book value per share of $42.00, based on its most recent annual SEC filing.
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