MYR Group, Inc. (MYRG) vs Tutor Perini Corporation (TPC)

MYR Group, Inc. and Tutor Perini Corporation are both Engineering & Construction companies. MYR Group, Inc. and Tutor Perini Corporation are of similar size ($4.6B and $4.4B). MYR Group, Inc. trades at the lower P/E: 27.5× against 35.6×. Tutor Perini Corporation grew revenue faster over the last twelve months: 24.7% against 16.1%. MYR Group, Inc. has the higher net margin (4.13% vs 2.08%) and the lower return on invested capital (22.5% vs 32.4%). Across the 22 metrics below, MYR Group, Inc. leads on 12 and Tutor Perini Corporation on 10.

Valuation

Metric MYRG TPC Engineering & Construction median
P/E 27.47 35.58 28.59
P/S 1.14 0.74 1.15
P/B 6.03 3.31 3.96
Price to free cash flow 22.72 7.01 25.24
EV/EBITDA 14.97 11.49 14.87
EV/Sales 1.10 0.60 1.42
Earnings yield 3.64% 2.81% 2.47%
Free cash flow yield 4.40% 14.27% 1.91%

Profitability

Metric MYRG TPC Engineering & Construction median
Gross margin 12.49% 11.48% 18.76%
Operating margin 5.63% 4.49% 6.26%
Net margin 4.13% 2.08% 2.23%
Free cash flow margin 5.00% 10.59% 1.83%
Return on equity 24.71% 9.62% 7.90%
Return on assets 10.14% 2.42% 0.87%
Return on invested capital 22.49% 32.39% 2.52%

Growth

Metric MYRG TPC Engineering & Construction median
Revenue growth (TTM) 16.06% 24.70% 16.67%
EPS growth (last fiscal year) 311.48% 148.24% —
Revenue growth, 5-year CAGR 10.23% 0.83% 11.76%
Net income growth, 5-year CAGR 15.04% (5.79%) 0.00%

Health

Metric MYRG TPC Engineering & Construction median
Debt to equity 0.01 0.30 0.40
Current ratio 1.40 1.29 1.39
Net debt to EBITDA (0.39) (2.10) 0.38

Dividend

Metric MYRG TPC Engineering & Construction median
Dividend yield — — 0.65%
Payout ratio 0.00 0.00 0.00

Size

Metric MYRG TPC Engineering & Construction median
Market cap 4.60b 4.38b 1.31b

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