MYR Group, Inc.

MYRG Industrials Engineering & Construction

MYR Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.7 billion, up 8.79% from fiscal 2024.

Revenue
+32.5%
EPS
+86.1%
Free cash flow
−84.0%
Total debt
+201.7%

Quarter to September 2026, against a year earlier

247.24 16.65 −6.31%
Market cap
$3.8B
P/E
19.9×
Fwd P/E
21.2×
Dividend yield
—
F-score
8/9
Altman Z
5.27
Beneish M
−3.32
Dividend safety
n/a

Insider Decisions last twelve months

Sold, $m 10.50
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — 4 — — — — —
Insider Ownership 1.92%

Capital & Financial Ratios $m

Size
Market Cap 3,840.00
Revenue ttm 4,314.68
Net income ttm 193.20
Free cash flow ttm 143.30
Net debt Q 191.11
Valuation
P/E 19.92
Forward P/E 21.20
Price / sales 0.89
Forward P/S Powerpack
Price / FCF 26.88
Price / book 4.70
Financial health
Current ratio Q 1.33
Debt / equity Q 0.27 (at or below 0.5: strong)
Interest coverage Q 23.77
Growth
Revenue growth Q +32.47% (above 0%: growing)
Operating income growth Q +83.93% (above 0%: growing)
EPS, this year +72.40% (at or above 15%: strong)
EPS, next year A +17.90% (at or above 15%: strong)
Revenue, next year A +24.47% (at or above 10%: strong)
EPS, past 5 yrs +16.69% (at or above 15%: strong)
EPS, next 5 yrs A +33.76% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 38.76%
10-year low 10-year high
P/S against its own 10 years 89.92%
10-year low 10-year high
P/B against its own 10 years 86.80%
10-year low 10-year high
EV/Sales against its own 10 years 90.72%
10-year low 10-year high
EV/FCF against its own 10 years 62.12%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 25 3 150 26
Receivables 526 658 604 812
Inventory — — — —
Other 475 268 307 349
1,026 929 1,061 1,187
2023 2024 2025 Q'26
Payables 359 295 315 385
ST’ Debt 7 4 5 17
Other 369 350 447 471
747 664 795 889

Compound Annual Growth %

10y 5y 3y
Sales 13.17% 10.23% 6.73%
Cash Flow 22.48% 13.27% 24.93%
Earnings 15.80% 15.04% 12.40%
Book Value 7.19% 9.00% 5.64%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 2.99 3.17 3.82 — —
’25 1.45 1.70 2.05 2.33 7.53
’24 1.12 (0.91) 0.65 0.99 1.83
’23 1.38 1.33 1.28 1.43 5.40
’22 1.21 1.15 1.09 1.46 4.91
’21 1.17 1.24 1.35 1.20 4.95
’20 0.59 0.80 1.02 1.07 3.48
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 1,000 1,082 1,259 — —
’25 834 900 950 974 3,658
’24 816 829 888 830 3,362
’23 812 889 939 1,004 3,644
’22 637 708 800 864 3,009
’21 592 650 610 646 2,498
’20 518 513 608 608 2,247
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 85 3 46 — —
’25 83 33 96 115 327
’24 8 23 36 21 87
’23 37 (21) 13 43 71
’22 21 39 14 94 167
’21 59 29 20 29 137
’20 35 63 31 47 175
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 70 (24) 11 — —
’25 72 13 68 87 240
’24 (16) 4 21 11 20
’23 19 (42) (9) 23 (8)
’22 8 22 (4) 66 92
’21 53 16 9 10 88
’20 27 56 21 31 134
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.7
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 1,142 1,403 1,531 2,071 2,247 2,498 3,009 3,644 3,362 3,658 4,315 +13.8% 4,553 5,173 5,868 +17.1%
Gross margin, % 11.79 8.91 10.91 10.34 12.27 13.01 11.43 10.00 8.63 11.59 12.97 (0.2) pt
EBT 38 25 43 50 81 116 114 125 46 161 260 +17.3%
EBT margin, % 3.36 1.76 2.81 2.44 3.62 4.66 3.80 3.43 1.38 4.41 6.02 +1.1 pt
Net income 21 21 31 36 59 85 83 91 30 118 193 +20.9%
Per share, $
Per share, $ Revenue 66.78 86.24 93.13 124.87 134.70 148.37 179.51 218.43 204.18 233.84 276.96 +14.9%
Earnings 1.25 1.30 1.89 2.27 3.52 5.05 4.98 5.45 1.84 7.57 12.41 +22.2%
Cash flow 3.18 (0.57) 5.16 3.91 10.50 8.15 9.99 4.26 5.29 20.88 15.98 +23.2%
Capex (1.29) (1.63) (2.81) (3.24) (2.45) (2.93) (4.48) (4.74) (4.08) (5.51) (6.78) +17.5%
Free cash flow 1.89 (2.19) 2.35 0.67 8.05 5.22 5.51 (0.49) 1.21 15.37 9.20 +26.2%
Book value 15.38 17.64 19.74 21.97 25.73 30.83 33.42 39.04 36.46 42.22 52.57 +11.9%
Shares, m 17 16 16 17 17 17 17 17 16 16 16 (1.0%)
Valuation, ×
Valuation, × P/E 29.37 27.50 14.83 14.36 17.03 21.89 18.49 26.18 79.98 28.83 19.92 27.8
P/S 0.57 0.41 0.30 0.26 0.45 0.75 0.51 0.65 0.73 0.93 0.89 0.6
P/B 2.48 2.03 1.43 1.48 2.34 3.59 2.75 3.66 4.08 5.18 4.70 2.9
EV/Sales 0.61 0.47 0.36 0.34 0.45 0.71 0.51 0.66 0.75 0.91 0.94 0.6
EV/FCF 21.39 (18.46) 14.14 62.43 7.52 20.29 16.61 (294.89) 126.65 13.84 28.21 (3.0)
Cash, $m
Cash, $m Operating cash flow 54 (9) 85 65 175 137 167 71 87 327 249 +22.0%
Capex (22) (27) (46) (54) (41) (49) (75) (79) (67) (86) (106) +16.3%
Free cash flow 32 (36) 39 11 134 88 92 (8) 20 240 143 +24.9%
Balance, $m
Balance, $m Working capital 147 191 192 242 193 250 223 279 266 265 298 +6.8%
Net debt 40 77 84 154 7 (78) (8) 12 71 (91) 191 n/m
Shareholders’ equity 263 287 324 364 429 519 560 651 600 660 819 +10.8%
Returns, %
Returns, % ROA 3.90 3.59 4.60 4.29 5.86 8.03 6.62 6.11 1.97 7.56 10.30 +3.7 pt
ROIC 7.99 5.07 7.70 6.90 12.40 16.78 13.01 12.17 5.04 18.32 16.35 +10.3 pt
ROE 7.23 7.69 10.17 10.94 14.81 17.93 15.45 15.02 4.84 18.78 26.90 +11.5 pt
People
People Employees 4,600 5,275 5,500 7,100 7,200 7,600 8,500 9,000 8,500 9,000 — +7.7%
Revenue/emp, $m 0.25 0.27 0.28 0.29 0.31 0.33 0.35 0.40 0.40 0.41 — +5.6%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 2 Nov 2026

MYR Group, Inc. vs peers in Engineering & Construction (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
KBR KBR, Inc. $4.8B 10.8× 11.0× +5.02% (above 0%: growing) +19.93% (above 0%: growing) −14.21% (below 0%: shrinking) 14.84% 9.17% Compare
ROAD Construction Partners, Inc. $4.4B 30.2× 31.2× +28.25% (above 0%: growing) +33.75% (above 0%: growing) −19.66% (below 0%: shrinking) 16.85% 10.94% Compare
TPC Tutor Perini Corporation $4.3B 30.5× 20.2× +21.54% (above 0%: growing) +457.14% (above 0%: growing) +21.22% (above 0%: growing) 12.87% 7.29% Compare
EXPO Exponent, Inc. $4.1B 36.8× 34.0× +18.09% (above 0%: growing) +16.89% (above 0%: growing) −14.24% (below 0%: shrinking) 88.10% 24.10% Compare
MYRG MYR Group, Inc. $3.8B 19.9× 21.2× +32.47% (above 0%: growing) +86.07% (above 0%: growing) −84.04% (below 0%: shrinking) 13.60% 6.76%
ECG Everus Construction Group, Inc. $3.7B 12.8× — +40.27% (above 0%: growing) +60.60% (above 0%: growing) −20.67% (below 0%: shrinking) 14.81% 8.84% Compare
AGX Argan, Inc. $3.7B 20.3× 25.8× +61.51% (above 0%: growing) +47.86% (above 0%: growing) +178.70% (above 0%: growing) 19.33% 14.79% Compare
PRIM Primoris Services Corporation $3.2B 33.5× 57.6× −10.38% (below 0%: shrinking) −45.21% (below 0%: shrinking) −33.74% (below 0%: shrinking) 10.48% 4.86% Compare
LGN Legence Corp. $2.8B — (loss-making) 15.4× +110.74% (above 0%: growing) n/m +106.83% (above 0%: growing) 17.45% (0.52%) Compare
Median of peers $3.9B 30.2× 25.8× +24.90% +33.75% −14.22% 15.85% 9.01%

All 51 Engineering & Construction stocks →

Pay and ownership Proxy statement filed 4 March 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 6.39m 14.41m 363.56
2024 4.26m 1.82m 247.54
2023 4.62m 8.75m 240.65
2022 4.25m 2.32m 153.19
2021 4.14m 11.95m 183.94

Ownership

Directors and executive officers, together 1.90%
BlackRock, Inc. •50 Hudson Yards New York, NY 16.20%
The Vanguard Group •100 Vanguard Blvd. Malvern, PA 8.10%
Wellington Management Company LLP •280 Congress Street Boston MA 6.60%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

MYR Group, Inc. (MYRG) Latest News

31 Oct

29 Oct

Impact 4 · · The Motley Fool transcript
Impact 4 · · MarketBeat
Impact 3 · · Moby transcript

27 Oct

Impact 3 · · StockStory

6 Oct

12 Aug

7 Aug

Impact 4 · · The Motley Fool transcript

MYRG metrics, ten years each

stockrow.com/MYRG · Data as of Nov 2, 2026 · For information only; not investment advice. · © 2026 stockrow.com