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MYR Group Inc.

MYRGIndustrialsNASDAQ

Engineering & Construction

PriceMA150MA200
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Financials · Annual
Revenue
$3.66B
+8.8% YoY
Net Income
$118.4M
+291.3% YoY
EBITDA
$233.4M
+97.5% YoY
Free Cash Flow
$227.8M

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About MYR Group Inc.

MYR Group Inc., through its subsidiaries, provides electrical construction services in the United States and Canada. The $7.01B market capitalization puts MYRG squarely in mid-cap range for its industry. The company operates through two segments: Transmission and Distribution, and Commercial and Industrial.

Key stats
Market Cap$7.01B
P/E (TTM)49.76
Fwd P/E34.17
EPS$9.05
Beta1.30
52W Change+180.9%
ROE22.7%
Analysis

With $163.2M in cash and $61.5M in debt, MYRG maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. The company generates $227.8M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. ROE of 22.7% points to strong capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. An ROA of 7.6% suggests reasonable efficiency in deploying the company's asset base. Revenue has grown from $3.01B (2022) to $3.66B (2025), reflecting a 22% increase over the period.

The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. No single metric tells the full story. Reviewing MYRG's risk profile alongside its fundamentals and technical indicators provides a more complete picture.

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