MYRG · Myr Group Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $3.66B | $3.36B | $3.64B | $3.01B | $2.50B | $2.25B |
| Cost of Revenue | $3.23B | $3.07B | $3.28B | $2.66B | $2.17B | $1.97B |
| Gross Profit | $423.79M | $290.32M | $364.40M | $343.96M | $324.98M | $275.85M |
| R&D | - | - | - | - | - | - |
| SG&A | $256.36M | $238.22M | $234.61M | $222.42M | $207.21M | $188.53M |
| Total Operating Expenses | $3.49B | $3.31B | - | - | - | - |
| D&A | $66.51M | $65.19M | $59.14M | $58.17M | $46.20M | $46.45M |
| Operating Income | $166.87M | $54.08M | $129.09M | $114.91M | $118.56M | $86.55M |
| Interest Expense | $5.65M | $6.53M | $4.94M | $3.56M | $1.80M | $4.56M |
| Income Tax | $42.87M | $16.23M | $34.01M | $30.82M | $31.30M | $22.63M |
| Net Income | $118.42M | $30.26M | $90.99M | $83.38M | $85.01M | $58.76M |
| EPS - Basic | $7.57 | $1.84 | $5.45 | $4.98 | $5.05 | $3.52 |
| EPS - Diluted | $7.53 | $1.83 | $5.40 | $4.91 | $4.95 | $3.48 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $150.16M | $3.46M | $24.90M | $51.04M | $82.09M | $22.67M |
| Accounts Receivable | $603.74M | $653.07M | $521.89M | $472.54M | $375.35M | $385.94M |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | $314.79M | $295.48M | $359.36M | $315.32M | $200.74M | $162.58M |
| Current Assets | $1.06B | $1.01B | $1.03B | $890.29M | $748.39M | $636.68M |
| Total Assets | $1.64B | $1.57B | $1.58B | $1.40B | $1.12B | $995.86M |
| Current Liabilities | $795.28M | $748.90M | $747.20M | $666.96M | $498.60M | $443.40M |
| Long-term Debt | $54.48M | $70.02M | $29.19M | $35.48M | $3.46M | $25.04M |
| Total Liabilities | $983.66M | $973.70M | $927.54M | $838.66M | $601.99M | $566.57M |
| Stockholders' Equity | $660.42M | $651.20M | $651.20M | $560.20M | $519.10M | $429.29M |
| Retained Earnings | $503.24M | $453.72M | $492.53M | $404.91M | $355.01M | $270.48M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $326.57M | $87.11M | $71.02M | $167.48M | $137.23M | $175.17M |
| Investing Cash Flow | ($86.18M) | ($67.21M) | ($79.13M) | ($185.73M) | ($49.30M) | ($40.93M) |
| Financing Cash Flow | ($94.07M) | ($39.96M) | ($18.37M) | ($9.27M) | ($28.09M) | ($124.30M) |
| CapEx | $94.37M | $75.94M | $84.74M | $77.06M | $52.36M | $44.35M |
| Free Cash Flow | $232.19M | $11.18M | ($13.72M) | $90.43M | $84.87M | $130.81M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 11.6% | 8.6% | 10.0% | 11.4% | 13.0% | 12.3% |
| Operating margin | 4.6% | 1.6% | 3.5% | 3.8% | 4.7% | 3.9% |
| EBITDA margin | 6.4% | 3.5% | 5.2% | 5.8% | 6.6% | 5.9% |
| Net margin | 3.2% | 0.9% | 2.5% | 2.8% | 3.4% | 2.6% |
| Free cash flow margin | 6.3% | 0.3% | -0.4% | 3.0% | 3.4% | 5.8% |
| FCF / Net income | 1.96 | 0.37 | -0.15 | 1.08 | 1.00 | 2.23 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 7.0% | 7.1% | 6.4% | 7.4% | 8.3% | 8.4% |
| Effective tax rate | 26.6% | 34.9% | 27.2% | 27.0% | 26.9% | 27.8% |
| Return on assets | 7.2% | 1.9% | 5.8% | 6.0% | 7.6% | 5.9% |
| Return on equity | 17.9% | 4.6% | 14.0% | 14.9% | 16.4% | 13.7% |
| Return on invested capital | 17.1% | 4.9% | 13.8% | 14.1% | 16.6% | 13.8% |
| Liquidity | ||||||
| Current ratio | 1.33 | 1.35 | 1.37 | 1.33 | 1.50 | 1.44 |
| Quick ratio | 1.33 | 1.35 | 1.37 | 1.33 | 1.50 | 1.44 |
| Cash ratio | 0.19 | 0.00 | 0.03 | 0.08 | 0.16 | 0.05 |
| Leverage | ||||||
| Debt / Equity | 0.08 | 0.11 | 0.04 | 0.06 | 0.01 | 0.06 |
| Debt / Assets | 0.03 | 0.04 | 0.02 | 0.03 | 0.00 | 0.03 |
| Debt / EBITDA | 0.23 | 0.59 | 0.16 | 0.20 | 0.02 | 0.19 |
| Interest coverage | 29.5x | 8.3x | 26.1x | 32.3x | 65.9x | 19.0x |
| Equity multiplier | 2.49 | 2.42 | 2.42 | 2.50 | 2.16 | 2.32 |
| Liabilities / Assets | 0.60 | 0.62 | 0.59 | 0.60 | 0.54 | 0.57 |
| Efficiency | ||||||
| Asset turnover | 2.22 | 2.14 | 2.31 | 2.15 | 2.23 | 2.26 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 60d | 71d | 52d | 57d | 55d | 63d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | 36d | 35d | 40d | 43d | 34d | 30d |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 29.0x | 81.3x | 26.8x | 18.8x | 22.3x | 17.3x |
| P / B | 5.2x | 3.8x | 3.7x | 2.8x | 3.7x | 2.4x |
| P / S | 0.9x | 0.7x | 0.7x | 0.5x | 0.8x | 0.5x |
| EV / EBITDA | 14.3x | 21.2x | 13.0x | 8.9x | 11.0x | 7.7x |
| Growth | ||||||
| Revenue growth (YoY) | 8.8% | -7.7% | 21.1% | 20.4% | 11.2% | 8.5% |
| Revenue CAGR (3y) | 6.7% | 10.4% | 17.5% | 13.3% | 17.7% | - |
| Revenue CAGR (5y) | 10.2% | 10.2% | 18.9% | - | - | - |
| Gross profit growth (YoY) | 46.0% | -20.3% | 5.9% | 5.8% | 17.8% | 28.8% |
| Operating income growth (YoY) | 208.6% | -58.1% | 12.3% | -3.1% | 37.0% | 51.4% |
| Net income growth (YoY) | 291.3% | -66.7% | 9.1% | -1.9% | 44.7% | 55.9% |
| EPS growth (YoY) | 311.5% | -66.1% | 10.0% | -0.8% | 42.2% | 54.0% |
| EPS CAGR (3y) | 15.3% | -28.2% | 15.8% | 29.5% | 38.3% | 39.6% |
| EPS CAGR (5y) | 16.7% | -4.1% | 23.6% | 30.9% | 32.1% | 21.8% |
| FCF growth (YoY) | 1977.4% | - | - | 6.6% | -35.1% | 1750.0% |
| FCF CAGR (5y) | 12.2% | 9.6% | - | 30.8% | 23.9% | - |
| Book value growth (YoY) | 1.4% | 0.0% | 16.2% | 7.9% | 20.9% | 17.8% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$2.09B totalCommercial And Industrial$1.40B · 67.1%
Transmission And Distribution$686.86M · 32.9%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
3.19
Safe
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
8/9
Strong
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- ✓Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Water, Sewer, Pipeline, Comm & Power Line Construction
Comparing MYR GROUP INC. against the 5 most active filers in the same SIC group.