MYRG
MYR GROUP INC.
Next earnings Jul 28, 2026 · consensus $2.57 EPS, $1.01B rev
Last earnings +2.1% on 2026-04-29
$433.01
▼ -13.59%$433.01▲ +137.12%
over 1Y
L $173.81H $501.13
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today-13.6%
1W-11.1%
1M-3.8%
3M+51.6%
YTD+91.0%
1Y+137.1%
Hold
Conviction
Horizon
Medium (3–12mo)
12-mo target
$•••
Street · 14 analysts
Buy
Electrical-infrastructure contractor rebounding hard off a project-loss trough with grid tailwinds, but 61x earnings prices in the recovery.
Revenue (FY2025) $3.66B · FY2025
The read
Middling fundamentals and a rich price (~34% above fair value) leave little margin of safety — a wait-and-see.
MYR Group is a specialty electrical construction contractor (transmission & distribution plus commercial & industrial) leveraged to grid modernization and electrification. FY2025 marks a powerful recovery from a troubled FY2024: net income surged 291.3% to $118M, operating income jumped 208.6% to $167M, and EPS rose 311.5% to $7.53. Crucially, gross profit grew 46.0% and gross margin recovered to 11.6%, signaling the project execution problems that crushed FY2024 (net income of just $30.3M) have largely been resolved. ROE rebounded to a healthy 17.9%.
The balance sheet and cash generation are excellent for a contractor. Long-term debt is minimal at $54.5M (down 22.2%), cash exploded to $150M, and operating cash flow surged 274.9% to $327M against $94.4M of capex — strong conversion that funded $75M of buybacks (shares down 3.7%). The demand backdrop is genuinely favorable: utility T&D spending, grid reliability investment and electrification are multi-year tailwinds for MYR's core market.
AI-generated analysis, produced by our proprietary engine from SEC filing data.
Investment recommendation produced by TENK/calls (tenkcalls.com), Luxembourg. Completed Jun 21, 2026, 4:59 PM ET. Ratings & methodology: definitions · All recommendations to date: track record · Conflicts: disclosures. Not investment advice.
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $2.50B | $3.01B | $3.64B | $3.36B | $3.66B |
| Gross profit | $325M | $344M | $364M | $290M | $424M |
| Operating income | $119M | $115M | $129M | $54.1M | $167M |
| Net income | $85.0M | $83.4M | $91.0M | $30.3M | $118M |
| Diluted EPS | $4.95 | $4.91 | $5.40 | $1.83 | $7.53 |
| Net margin | 3.4% | 2.8% | 2.5% | 0.9% | 3.2% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$6.65B
EV / EBITDA28.5
EV / Sales1.8
EV / FCF28.6
P / FCF29.0
PEG (trailing)0.20
Earnings yield1.8%
FCF yield3.4%
Quality & risk
ROIC (est.)18.3%
Free cash flow$232M
Total debt$59.0M
Net cash$91.1M
Altman Z-Score7.29 safe
Piotroski F-Score7/9
Capital returns
Buyback yield1.1%
Dividend yield (est.)—
Shareholder yield1.1%
Shares Δ YoY-3.7%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsRoutine disclosure cadence — no material red flags in recent filings.
Recent filings
all on EDGAR ↗4Period ending 2026-06-032026-06-04open ↗4Period ending 2026-06-032026-06-04open ↗144Filing2026-06-02open ↗144Filing2026-06-02open ↗4Period ending 2026-06-012026-06-02open ↗4Period ending 2026-06-012026-06-02open ↗144Filing2026-06-01open ↗144Filing2026-06-01open ↗8-KPeriod ending 2026-05-272026-05-28open ↗8-KPeriod ending 2026-05-272026-05-27open ↗SCHEDULE 13G/AFiling2026-05-15open ↗8-KPeriod ending 2026-05-142026-05-14open ↗
Frequently asked
- Is MYR GROUP INC. (MYRG) a buy?
- MYRG currently carries a Hold rating with 3/5 conviction, derived from its latest SEC filings. Electrical-infrastructure contractor rebounding hard off a project-loss trough with grid tailwinds, but 61x earnings prices in the recovery.
- What is MYRG's fair value?
- A Modified-Graham model based on MYRG's SEC fundamentals estimates a fair value of about $286.14. It is an estimate from reported earnings, not a price target.
- Is MYRG overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, MYRG currently appears overvalued relative to its SEC-grounded earnings power.
- What is MYR GROUP INC.'s quality score?
- MYRG scores 67.77580709512668/100 (grade B-) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0000700923, latest 10-Q filed 2026-04-29) · EODHD · Proprietary analysis · as of 6/21/2026, 8:59:48 PM.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.