MYR GROUP INC.

Listed Company

MYRGCIK 0000700923NasdaqLarge AcceleratedWater, Sewer, Pipeline, Comm & Power Line ConstructionDelawareFY ends Dec 31

Period

FY 2025

Revenue

$3.66B

Net Income

$118.42M

Total Assets

$1.64B

Equity

$660.42M

Shares Out

15.57M

Op. Cash Flow

$326.57M

MYRG$391.51+103.88% · past yearDBEQ Basic

Daily closing prices

Business

MYR Group Inc. is a specialty electrical construction service provider serving electric utility infrastructure, commercial and industrial markets throughout the United States and Canada. The company provides design, engineering, procurement, construction, maintenance and repair services through two segments: Transmission and Distribution, which serves utilities with transmission line and substation work, and Commercial and Industrial, which provides electrical contracting to general contractors and facility owners. MYR operates through a network of local offices across North America.

Summary from 10-K filed 2026-02-25

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Contract revenues	3,658	3,362	3,644	3,009	2,498
Contract costs	3,234	3,072	3,280	2,665	2,173
Gross profit	424	290	364	344	325
Selling, general and administrative expenses	256	238	235	222	207
Amortization of intangible assets	5	5	5	9	2
Gain on sale of property and equipment	−4	−7	−4	−2	−3
Income from operations	167	54	129	115	119
Interest income	723,000	415,000	888,000	187,000	70,000
Interest expense	−6	−7	−5	−4	−2
Other expense, net	−663,000	−1	−38,000	3	−525,000
Income before provision for income taxes	161	46	125	114	116
Income tax expense	43	16	34	31	31
Net income	118	30	91	83	85
Basic (in dollars per share)	7.57	1.84	5.45	4.98	5.05
Diluted (in dollars per share)	7.53	1.83	5.4	4.91	4.95
Basic (in shares)	16	16	17	17	17
Diluted (in shares)	16	17	17	17	17
Foreign currency translation adjustment	4	−9	2	−6	150,000
Other comprehensive income (loss)	4	−9	2	−6	150,000
Total comprehensive income	123	21	93	77	85

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	150	3	25	51	82
Accounts receivable, net of allowances of $934 and $1,129, respectively	604	653	522	473	375
Contract assets, net of allowances of $534 and $422, respectively	242	217	341	301	225
Current portion of receivable for insurance claims in excess of deductibles	10	9	8	9	11
Refundable income taxes	0	5	4	9	9
Prepaid expenses and other current assets	55	42	47	48	46
Total current assets	1,061	929	1,026	890	748
Property and equipment, net of accumulated depreciation of $413,962 and $387,223, respectively	306	278	269	233	196
Operating lease right-of-use assets	42	43	35	31	21
Goodwill	115	113	117	116	66
Intangible assets, net of accumulated amortization of $39,967 and $34,573, respectively	72	76	84	88	49
Receivable for insurance claims in excess of deductibles	21	35	34	34	32
Deferred income taxes	13	6	0	—	—
Investment in joint venture	3	4	9	4	4
Other assets	9	6	6	4	4
Total assets	1,644	1,489	1,579	1,399	1,121
Current portion of long-term debt	5	4	7	5	1
Current portion of operating lease obligations	13	12	9	10	8
Current portion of finance lease obligations	804,000	1	2	1	0
Accounts payable	315	295	359	315	201
Contract liabilities, net	301	237	161	227	168
Current portion of accrued self-insurance	28	26	28	29	24
Accrued income taxes	15	196,000	237,000	0	2
Other current liabilities	118	88	101	80	95
Total current liabilities	795	664	747	667	499
Deferred income tax liabilities	50	52	48	46	25
Long-term debt	54	70	29	35	3
Accrued self-insurance	43	54	52	51	51
Operating lease obligations, net of current maturities	29	30	26	21	13
Finance lease obligations, net of current maturities	1	2	314,000	2	0
Other liabilities	10	16	25	16	11
Total liabilities	984	888	928	839	602
Commitments and contingencies	—	—	—	—	—
Preferred stock$0.01 par value per share; 4,000,000 authorized shares; none issued and outstanding at December 31, 2025 and December 31, 2024	0	0	0	0	0
Common stock$0.01 par value per share; 100,000,000 authorized shares; 15,522,834 and 16,121,901 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively	155,000	161,000	167,000	165,000	168,000
Additional paid-in capital	165	159	162	161	164
Accumulated other comprehensive loss	−8	−13	−4	−6	173,000
Retained earnings	503	454	493	405	355
Total shareholders equity	660	600	651	560	519
Total liabilities and shareholders equity	1,644	1,489	1,579	1,399	1,121

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation and amortization of property and equipment	62	60	54	49	44
Stock-based compensation expense	15	9	8	8	7
Deferred income taxes	−10	−400,000	2	10	6
Other non-cash items	312,000	1	96,000	2	2
Accounts receivable, net	51	−134	−49	−87	11
Contract assets, net	−23	121	−110	−64	−39
Receivable for insurance claims in excess of deductibles	12	−2	2	−14,000	−5
Prepaid expenses and other assets	−13	10	560,000	2	−25
Accounts payable	20	−61	37	109	34
Contract liabilities, net	63	77	4	58	10
Accrued self-insurance	−8	−548,000	17,000	5	5
Other liabilities	38	−21	30	−14	3
Net cash flows provided by operating activities	327	87	71	167	137
Proceeds from sale of property and equipment	8	9	6	2	3
Purchases of property and equipment	−94	−76	−85	−77	−52
Net cash flows used in investing activities	−86	−67	−79	−186	−49
Borrowings under revolving lines of credit	754	822	563	199	0
Repayments under revolving lines of credit	−765	−777	−563	−186	0
Payment of principal obligations under equipment notes	−4	−7	−5	−1	−25
Payment of principal obligations under finance leases	−1	−1	−1	−2	−336,000
Proceeds from exercise of stock options	0	0	20,000	40,000	498,000
Debt refinancing costs	0	−33,000	−2	0	0
Repurchase of common stock	−75	−75	−3	−37	0
Payments related to tax withholding for stock-based compensation	−3	−6	−8	−7	−3
Other financing activities	0	4	0	0	12,000
Net cash flows used in financing activities	−94	−40	−18	−9	−28
Effect of exchange rate changes on cash	378,000	−1	339,000	−4	−410,000
Net increase (decrease) in cash and cash equivalents	147	−21	−26	−31	59
Income taxes payments	29	15	24	20	30
Interest payments	5	6	4	3	1
Acquisition of property and equipment for which payment is pending	2	3	8	2	4

Filings

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Frequently asked questions

What is MYR GROUP INC.'s CIK number?

MYR GROUP INC.'s SEC CIK number is 0000700923 (700923). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find MYR GROUP INC.'s SEC filings?

All of MYR GROUP INC.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did MYR GROUP INC. last report earnings?

MYR GROUP INC. (MYRG) most recently filed an earnings 8-K with the SEC on Apr 29, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000700923-26-000026). This is MYR GROUP INC.'s most recent earnings filing of record — not a forecast of its next earnings date.

What is MYR GROUP INC.'s most recent earnings 8-K?

MYR GROUP INC.'s latest earnings 8-K (Item 2.02) was filed Apr 29, 2026 under accession 0000700923-26-000026. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View MYR GROUP INC.'s latest earnings 8-K →
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