Tearsheet

MYR (MYRG)


Market Price (12/27/2025): $225.04 | Market Cap: $3.5 Bil
Sector: Industrials | Industry: Construction & Engineering

MYR (MYRG)


Market Price (12/27/2025): $225.04
Market Cap: $3.5 Bil
Sector: Industrials
Industry: Construction & Engineering

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.


0 Low stock price volatility
Vol 12M is 48%
Trading close to highs
Dist 52W High is -4.6%, Dist 3Y High is -4.6%
Key risks
MYRG key risks include [1] challenges and delays in executing its substantial project backlog, Show more.
1 Megatrend and thematic drivers
Megatrends include Renewable Energy Transition, Electrification of Everything, and Digital Infrastructure. Themes include Battery Storage & Grid Modernization, Show more.
  
0 Low stock price volatility
Vol 12M is 48%
1 Megatrend and thematic drivers
Megatrends include Renewable Energy Transition, Electrification of Everything, and Digital Infrastructure. Themes include Battery Storage & Grid Modernization, Show more.
2 Trading close to highs
Dist 52W High is -4.6%, Dist 3Y High is -4.6%
3 Key risks
MYRG key risks include [1] challenges and delays in executing its substantial project backlog, Show more.

Valuation, Metrics & Events

MYRG Stock


Why The Stock Moved


Qualitative Assessment

AI Analysis | Feedback

Here are five key points explaining a hypothetical 20.2% stock movement for MYR Group (MYRG) from late August 2025 to today, based on recent company performance and market conditions:

<b>1. Consistent Earnings and Revenue Beats.</b> MYR Group consistently surpassed analyst estimates for earnings per share (EPS) and revenue across Q1, Q2, and Q3 2025. For example, in Q3 2025, the company reported an EPS of $2.05, beating the analyst estimate of $1.82, and quarterly revenue rose 7.0% year-over-year to $950.40 million, exceeding estimates of $931.72 million. This robust financial outperformance signaled strong operational execution and contributed positively to investor sentiment.

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<b>2. Robust Growth in Transmission & Distribution (T&D) and Commercial & Industrial (C&I) Segments.</b> Both of MYR Group's core segments demonstrated significant growth throughout 2025. The T&D segment saw increased revenue on both distribution and transmission projects, while the C&I segment experienced strong revenue growth, notably driven by increased demand from data centers and healthcare sectors, linked to the expansion of artificial intelligence infrastructure. This dual-segment growth highlights the company's broad market penetration and ability to capture opportunities in key areas.

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<b>3. Strong Backlog Providing Future Revenue Visibility.</b> The company reported a growing backlog, reaching $2.64 billion as of March 31, 2025, and further increasing to $2.66 billion by the end of Q3 2025. This substantial backlog indicates a healthy pipeline of future work and provides a strong foundation for sustained revenue growth and operational stability, which is a key indicator for investors.

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<b>4. Strategic Positioning to Capitalize on Electrification and AI Infrastructure Demands.</b> MYR Group is well-positioned to benefit from accelerating electrification trends and the massive infrastructure buildout required for AI data centers. Management has emphasized these tailwinds as durable infrastructure themes that could underpin steadier project pipelines and more resilient margins. This strategic alignment with high-growth market demands enhances the company's long-term prospects.

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<b>5. Significant Improvements in Profitability and Margins.</b> Throughout 2025, MYR Group demonstrated substantial increases in profitability. For instance, Q2 2025 saw record quarterly net income and EBITDA, with consolidated gross margin increasing to 11.5 percent from 4.9 percent in the same period of 2024. This improvement was primarily due to better-than-anticipated productivity, favorable job closeouts, and a strategic shift away from lower-margin solar projects in 2024 towards higher-quality work in its core segments. These enhanced margins underscore improved operational efficiency and a stronger financial outlook.

Show more

Stock Movement Drivers

Fundamental Drivers

The 13.3% change in MYRG stock from 9/26/2025 to 12/26/2025 was primarily driven by a 25.8% change in the company's Net Income Margin (%).
926202512262025Change
Stock Price ($)198.62225.0513.31%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)3451.783514.141.81%
Net Income Margin (%)2.21%2.78%25.81%
P/E Multiple40.3835.72-11.53%
Shares Outstanding (Mil)15.5315.53-0.01%
Cumulative Contribution13.31%

LTM = Last Twelve Months as of date shown

Market Drivers

9/26/2025 to 12/26/2025
ReturnCorrelation
MYRG13.3% 
Market (SPY)4.3%57.8%
Sector (XLI)3.0%57.9%

Fundamental Drivers

The 23.2% change in MYRG stock from 6/27/2025 to 12/26/2025 was primarily driven by a 171.7% change in the company's Net Income Margin (%).
627202512262025Change
Stock Price ($)182.61225.0523.24%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)3380.353514.143.96%
Net Income Margin (%)1.02%2.78%171.70%
P/E Multiple84.3335.72-57.64%
Shares Outstanding (Mil)15.9915.532.91%
Cumulative Contribution23.14%

LTM = Last Twelve Months as of date shown

Market Drivers

6/27/2025 to 12/26/2025
ReturnCorrelation
MYRG23.2% 
Market (SPY)12.6%51.4%
Sector (XLI)7.5%53.4%

Fundamental Drivers

The 46.8% change in MYRG stock from 12/26/2024 to 12/26/2025 was primarily driven by a 156.7% change in the company's Net Income Margin (%).
1226202412262025Change
Stock Price ($)153.31225.0546.79%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)3536.693514.14-0.64%
Net Income Margin (%)1.08%2.78%156.69%
P/E Multiple65.0935.72-45.11%
Shares Outstanding (Mil)16.2815.534.64%
Cumulative Contribution46.48%

LTM = Last Twelve Months as of date shown

Market Drivers

12/26/2024 to 12/26/2025
ReturnCorrelation
MYRG46.8% 
Market (SPY)15.8%55.3%
Sector (XLI)18.3%54.4%

Fundamental Drivers

The 149.1% change in MYRG stock from 12/27/2022 to 12/26/2025 was primarily driven by a 88.7% change in the company's P/E Multiple.
1227202212262025Change
Stock Price ($)90.36225.05149.06%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)2790.633514.1425.93%
Net Income Margin (%)2.85%2.78%-2.29%
P/E Multiple18.9335.7288.67%
Shares Outstanding (Mil)16.6615.536.79%
Cumulative Contribution147.91%

LTM = Last Twelve Months as of date shown

Market Drivers

12/27/2023 to 12/26/2025
ReturnCorrelation
MYRG55.6% 
Market (SPY)48.0%49.5%
Sector (XLI)41.3%53.6%

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
MYRG Return84%84%-17%57%3%53%596%
Peers Return16%38%-12%21%26%16%150%
S&P 500 Return16%27%-19%24%23%18%114%

Monthly Win Rates [3]
MYRG Win Rate67%75%42%67%50%67% 
Peers Win Rate52%65%42%68%57%52% 
S&P 500 Win Rate58%75%42%67%75%73% 

Max Drawdowns [4]
MYRG Max Drawdown-49%-7%-30%-0%-39%-32% 
Peers Max Drawdown-34%-5%-26%-7%-9%-23% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/26/2025 (YTD)

How Low Can It Go

Unique KeyEventMYRGS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-36.3%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven57.1%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven302 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-49.0%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven96.0%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven79 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-46.5%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven87.0%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven1,148 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-64.5%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven181.4%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven186 days1,480 days

Compare to HPQ, HPE, IBM, CSCO, AAPL

In The Past

MYR's stock fell -36.3% during the 2022 Inflation Shock from a high on 11/24/2021. A -36.3% loss requires a 57.1% gain to breakeven.

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About MYR (MYRG)

MYR Group Inc., through its subsidiaries, provides electrical construction services in the United States and Canada. It operates in two segments, Transmission and Distribution, and Commercial and Industrial. The Transmission and Distribution segment offers a range of services on electric transmission and distribution networks, and substation facilities, including design, engineering, procurement, construction, upgrade, maintenance, and repair services with primary focus on construction, maintenance, and repair to customers in the electric utility industry; and services, including construction and maintenance of high voltage transmission lines, substations, and lower voltage underground and overhead distribution systems, renewable power facilities, and limited gas construction services, as well as emergency restoration services in response to hurricane, ice, or other storm related damages. This segment serves as a prime contractor to customers, such as investor-owned utilities, cooperatives, private developers, government-funded utilities, independent power producers, independent transmission companies, industrial facility owners, and other contractors. The Commercial and Industrial segment provides a range of services, including design, installation, maintenance, and repair of commercial and industrial wiring; and installation of traffic networks, bridge, roadway, and tunnel lighting for airports, hospitals, data centers, hotels, stadiums, convention centers, renewable energy projects, manufacturing plants, processing facilities, waste-water treatment facilities, mining facilities, and transportation control and management systems. This segment serves general contractors, commercial and industrial facility owners, governmental agencies, and developers. The company was founded in 1891 and is headquartered in Henderson, Colorado.

AI Analysis | Feedback

Here are a few analogies to describe MYR Group (MYRG):

  • Imagine a Lockheed Martin for the power grid, building and maintaining critical electrical infrastructure instead of defense systems.
  • Like a specialized Fluor, focusing primarily on large-scale electrical construction for utilities and industrial clients.
  • The equivalent of a heavy civil contractor like Skanska, but dedicated to electrical infrastructure and utility-scale projects.

AI Analysis | Feedback

  • Electrical Transmission Services: Construction and maintenance of high-voltage electrical transmission lines and related infrastructure.
  • Electrical Distribution Services: Construction, upgrade, and maintenance of local electrical distribution networks and utility infrastructure.
  • Substation Construction: Building and upgrading electrical substations, which are critical components for power grid stability and voltage transformation.
  • Commercial & Industrial Electrical Construction: Providing comprehensive electrical construction services for commercial, industrial, data center, and renewable energy facilities.

AI Analysis | Feedback

MYR Group Inc. (MYRG) primarily operates as a business-to-business (B2B) company, providing electrical construction services to other companies and governmental entities.

According to its most recent SEC filings (10-K), MYR Group Inc. serves a diverse customer base. For the years ended December 31, 2023, 2022, and 2021, its largest customer accounted for approximately 7%, 8%, and 10% of its consolidated revenues, respectively. Due to this diversification and the fact that no single customer consistently accounts for 10% or more of its revenue, MYR Group Inc. does not publicly disclose the names of specific major customer companies.

However, MYRG identifies the following categories of organizations as its primary customers, which collectively represent its major customer base:

  • Electric Utilities: This category includes large investor-owned utilities, cooperatives, and municipalities that own and operate electric transmission and distribution infrastructure. MYRG provides services for building, upgrading, and maintaining these critical systems. Examples of public companies in this sector that MYRG could serve include:
    • Southern Company (SO)
    • NextEra Energy, Inc. (NEE)
    • Duke Energy Corporation (DUK)
  • Renewable Energy Developers: MYRG works with companies developing large-scale solar, wind, and battery storage projects. They provide services for the electrical infrastructure required for these projects, including substations and transmission lines. Examples of public companies or significant players in this sector that MYRG could serve include:
    • NextEra Energy Resources (a subsidiary of NextEra Energy, Inc. NEE)
    • AES Corporation (AES)
  • Commercial and Industrial (C&I) Clients: This segment includes a wide range of large businesses, such as manufacturing plants, data centers, and other industrial facilities that require complex electrical infrastructure and maintenance. Specific public company names are not disclosed, but these clients represent significant industrial players.
  • Governmental Entities and Independent Power Producers (IPPs): MYRG also serves various federal, state, and local government agencies for infrastructure projects, as well as IPPs that own and operate power generation facilities. Examples of public IPPs that MYRG could serve include:
    • NRG Energy, Inc. (NRG)
    • Vistra Corp. (VST)

AI Analysis | Feedback

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AI Analysis | Feedback

Richard S. Swartz, Jr. President and Chief Executive Officer

Appointed President and Chief Executive Officer on January 1, 2017, Mr. Swartz brings over 40 years of experience in the electrical construction industry. He began his career in field operations with Sturgeon Electric, a MYR Group subsidiary. Prior to his CEO appointment, he served for seven years as the company's executive vice president and chief operating officer, guiding the strategic and operational leadership of the Transmission & Distribution (T&D) and Commercial & Industrial (C&I) divisions. Mr. Swartz held various senior management positions within MYR Group, including Vice President of Sturgeon Electric's C&I division, Vice President of Sturgeon Electric's T&D – Midwest division, and Group Vice President C&I and T&D – West. He was instrumental in developing project management and productivity improvement programs, as well as several corporate safety initiatives.

Kelly M. Huntington Senior Vice President and Chief Financial Officer

Ms. Huntington was appointed Senior Vice President and Chief Financial Officer in 2023, with her role becoming effective on February 24, 2023. She has 20-25 years of experience in power generation, utilities, and infrastructure services. Most recently, she served as Senior Vice President and Chief Financial Officer of USIC LLC, an infrastructure services company. Ms. Huntington also held multiple leadership roles at The AES Corporation, including Senior Vice President and Chief Financial Officer, and later President and Chief Executive Officer of its subsidiary Indianapolis Power & Light Co. (IPL). She was also Senior Vice President of Enterprise Strategy for OneAmerica Financial Partners, Inc. Ms. Huntington began her career in investment banking and private equity investment.

Brian K. Stern Senior Vice President and Chief Operating Officer, Transmission and Distribution

Mr. Stern was appointed Senior Vice President and Chief Operating Officer of the Transmission and Distribution (T&D) division in 2024. He has over 20 years of industry experience. Prior to his current role, he served as Group Vice President of MYR Group's Western region from 2017-2023. Mr. Stern began his career with MYR Group in 2001 as a market analyst, and later held positions as a district manager and regional vice president with MYR Group subsidiary The L.E. Myers Co.

Don A. Egan Senior Vice President and Chief Operating Officer, Commercial and Industrial

Mr. Egan was named Senior Vice President and Chief Operating Officer of the Commercial and Industrial (C&I) division in 2023. In this role, he is responsible for the division's overall growth, strategies, and day-to-day operations. He previously served as Group Vice President of C&I since 2017.

William F. Fry Senior Vice President, Chief Legal Officer and Secretary

Mr. Fry serves as Senior Vice President, Chief Legal Officer and Secretary. He received his Bachelor of Science in Engineering from Texas A&M University, his Jurisprudence Doctorate in Law and Engineering from the University of Houston, and a Master of Business Administration degree from Rice University.

AI Analysis | Feedback

The key risks to MYR Group Inc. (NASDAQ: MYRG) primarily revolve around the execution of its construction projects and the associated cost and labor management, particularly given its reliance on fixed-price contracts.

  1. Project Execution and Backlog Realization Risks: MYR Group's ability to realize revenue and profits from its substantial project backlog is a significant risk. Factors such as "lumpy commercial backlog," unexpected delays in large project starts (some anticipated until 2027 and beyond), and challenges in project execution can pressure margins and earnings visibility. This includes potential cost overruns, project inefficiencies, and unfavorable change orders, which have partially offset margin improvements in the past.
  2. Labor and Material Availability and Cost Fluctuations: The company faces ongoing operational headwinds from sustained labor cost inflation and the availability of skilled labor, as well as material shortages. These factors can directly impact the pace of project execution, increase operational costs, and subsequently pressure profit margins. Management has described this environment as "a balancing act between labor availability and material availability."
  3. Exposure to Fixed-Price Contracts: A considerable portion of MYR Group's revenue is derived from fixed-price contracts (65.2% of total revenue in 2023). While these contracts can offer advantages, they expose the company to significant financial risks if actual project costs (labor, materials, and other operational expenses) exceed original estimates due to unforeseen circumstances, delays, or fluctuations in resource costs. This risk is amplified in an environment of volatile labor and material availability and pricing.

AI Analysis | Feedback

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AI Analysis | Feedback

MYR Group Inc. (MYRG) operates primarily in two segments: Transmission and Distribution (T&D) and Commercial and Industrial (C&I) electrical construction services.

The addressable markets for their main products and services are as follows:

  • Transmission and Distribution (T&D) Electrical Construction Services: The U.S. electric power transmission and distribution market was valued at approximately USD 89.9 billion in 2024. This market is projected to reach USD 110.4 billion by 2032, with a compound annual growth rate (CAGR) of 2.7% from 2025 to 2032.
  • Commercial and Industrial (C&I) Electrical Construction Services: The U.S. electrical services market, which encompasses commercial and industrial applications, was valued at USD 163.9 billion in 2024. This market is expected to grow to USD 294.6 billion by 2034, exhibiting a CAGR of 6.3% from 2025 to 2034. Within this broader market, the industrial electrical services segment is projected to reach USD 100 billion by 2034, while the commercial electrical services market was valued at over USD 25 billion in 2024.

AI Analysis | Feedback

Expected Drivers of Future Revenue Growth for MYR Group Inc. (MYRG)

Over the next 2-3 years, MYR Group Inc. (MYRG) is expected to experience revenue growth driven by several key factors across its Transmission & Distribution (T&D) and Commercial & Industrial (C&I) segments:

  1. Increased Investment in Electrical Infrastructure and Grid Modernization: MYR Group anticipates sustained demand for its T&D services due to the ongoing need to upgrade and modernize aging electrical grids, enhance system reliability and resiliency, and integrate new generation sources. Industry forecasts project significant spending on U.S. transmission and grid upgrades in the coming years.
  2. Booming Data Center Construction: The explosive growth in data centers, primarily fueled by advancements in artificial intelligence, is a significant driver for MYR's C&I segment. The company is strategically positioned to capitalize on the substantial electrical infrastructure investments required for these facilities.
  3. Expansion into Clean Energy and Related Infrastructure: MYR Group is actively involved in clean energy projects, including services for new generation sources, substation facilities, and electric vehicle charging infrastructure. This segment continues to present long-term growth opportunities.
  4. Diversification and Growth in Core Commercial & Industrial Markets: Beyond data centers, MYR's C&I segment is expected to grow through continued demand in core markets such as healthcare, transportation (including airport projects), education, and wastewater construction. The company’s strategy involves expanding customer relationships and securing new project awards in these areas.

AI Analysis | Feedback

Share Repurchases

  • MYR Group authorized a new share repurchase program in October 2020 for up to $50.0 million.
  • In May 2024, the company announced a new authorization to repurchase up to $75.0 million of common stock, replacing a prior program of the same amount that was largely exhausted.
  • A subsequent $75.0 million share repurchase program was authorized in July 2025, effective until February 4, 2026, superseding a previous program that was substantially exhausted.

Share Issuance

  • The number of shares issued and outstanding decreased from 16,121,901 as of December 31, 2024, to 15,522,834 as of June 30, 2025.
  • The company made payments of $2,653 related to tax withholding for stock-based compensation in Q3 2025, and $5,866 year-to-date 2025.

Outbound Investments

  • In January 2022, MYR Group's Canadian subsidiary acquired Powerline Plus Companies, a full-service electrical distribution construction company.
  • The Powerline Plus Companies had combined average annual revenues of approximately $80 million over the two years prior to the acquisition.

Capital Expenditures

  • Capital expenditures have varied, with lower expenditures contributing to improved free cash flow in Q1 2025, while higher expenditures partially offset operating cash flow in Q2 and Q3 2025.
  • The company aims to meet working capital needs, support organic growth, pursue acquisitions, and opportunistically repurchase shares.
  • Capital expenditures are primarily focused on supporting future growth, including benefiting from increased infrastructure spending in data centers, clean energy initiatives, and grid modernization and transmission upgrades.

Better Bets than MYR (MYRG)

Trade Ideas

Select ideas related to MYRG. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
CNM_11212025_Dip_Buyer_FCFYield11212025CNMCore & MainDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
18.3%18.3%-1.6%
VRRM_11212025_Dip_Buyer_FCFYield11212025VRRMVerra MobilityDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
5.5%5.5%-1.2%
LII_11212025_Dip_Buyer_ValueBuy11212025LIILennox InternationalDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
7.1%7.1%0.0%
ADP_11212025_Monopoly_xInd_xCD_Getting_Cheaper11212025ADPAutomatic Data ProcessingMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
2.9%2.9%-1.2%
CW_11212025_Quality_Momentum_RoomToRun_10%11212025CWCurtiss-WrightQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
5.7%5.7%-0.4%

Recent Active Movers

More From Trefis

Peer Comparisons for MYR

Peers to compare with:

Financials

MYRGHPQHPEIBMCSCOAAPLMedian
NameMYR HP Hewlett .Internat.Cisco Sy.Apple  
Mkt Price225.0523.2624.49305.0978.16273.40151.61
Mkt Cap3.521.932.6284.9309.24,074.4158.8
Rev LTM3,51455,29534,29665,40257,696408,62556,496
Op Inc LTM1453,6241,64411,54412,991130,2147,584
FCF LTM1562,80062711,85412,73396,1847,327
FCF 3Y Avg702,9781,40011,75313,879100,5037,366
CFO LTM2333,6972,91913,48313,744108,5658,590
CFO 3Y Avg1553,6723,89613,49814,736111,5598,697

Growth & Margins

MYRGHPQHPEIBMCSCOAAPLMedian
NameMYR HP Hewlett .Internat.Cisco Sy.Apple  
Rev Chg LTM-0.6%3.2%13.8%4.5%8.9%6.0%5.2%
Rev Chg 3Y Avg8.6%-3.9%6.5%2.6%3.7%1.8%3.2%
Rev Chg Q7.0%4.2%14.4%9.1%7.5%9.6%8.3%
QoQ Delta Rev Chg LTM1.8%1.1%3.7%2.1%1.8%2.1%2.0%
Op Mgn LTM4.1%6.6%4.8%17.7%22.5%31.9%12.1%
Op Mgn 3Y Avg3.1%7.4%7.2%16.4%24.2%30.8%11.9%
QoQ Delta Op Mgn LTM0.7%-0.2%-1.4%0.6%0.4%0.1%0.2%
CFO/Rev LTM6.6%6.7%8.5%20.6%23.8%26.6%14.6%
CFO/Rev 3Y Avg4.4%6.8%12.7%21.4%26.1%28.4%17.1%
FCF/Rev LTM4.4%5.1%1.8%18.1%22.1%23.5%11.6%
FCF/Rev 3Y Avg2.0%5.5%4.6%18.6%24.6%25.6%12.1%

Valuation

MYRGHPQHPEIBMCSCOAAPLMedian
NameMYR HP Hewlett .Internat.Cisco Sy.Apple  
Mkt Cap3.521.932.6284.9309.24,074.4158.8
P/S1.00.41.04.45.410.02.7
P/EBIT23.56.819.925.122.531.323.0
P/E35.78.6572.736.029.941.035.9
P/CFO15.05.911.221.122.537.518.1
Total Yield2.8%14.1%2.3%5.0%5.4%2.8%3.9%
Dividend Yield0.0%2.5%2.1%2.2%2.1%0.4%2.1%
FCF Yield 3Y Avg2.5%10.6%5.5%6.4%6.0%3.1%5.7%
D/E0.00.50.70.20.10.00.2
Net D/E0.00.30.60.20.00.00.1

Returns

MYRGHPQHPEIBMCSCOAAPLMedian
NameMYR HP Hewlett .Internat.Cisco Sy.Apple  
1M Rtn1.5%-1.8%14.4%0.6%2.7%-1.5%1.1%
3M Rtn13.3%-11.9%2.7%7.9%17.0%7.1%7.5%
6M Rtn23.2%-4.0%34.5%6.6%15.2%36.3%19.2%
12M Rtn46.8%-27.3%14.2%39.2%33.7%6.0%23.9%
3Y Rtn149.1%-3.8%67.7%139.0%79.5%113.4%96.5%
1M Excs Rtn1.6%-5.6%12.9%-2.2%-0.0%-3.7%-1.1%
3M Excs Rtn9.0%-16.2%-1.7%3.6%12.7%2.8%3.2%
6M Excs Rtn11.0%-16.3%22.3%-5.7%3.0%24.0%7.0%
12M Excs Rtn34.1%-42.9%-0.7%25.0%19.9%-8.4%9.6%
3Y Excs Rtn75.0%-83.5%-11.2%59.6%-1.2%28.4%13.6%

Financials

Segment Financials

Revenue by Segment
$ Mil20242023202220212020
Transmission and Distribution (T&D)2,0891,7461,3021,1541,134
Commercial and Industrial (C&I)1,5551,2631,1971,093937
General Corporate0    
Total3,6443,0092,4982,2472,071


Operating Income by Segment
$ Mil20242023202220212020
Transmission and Distribution (T&D)15013913310974
Commercial and Industrial (C&I)4643543731
General Corporate-66-67-69-60-47
Total1291151198757


Assets by Segment
$ Mil20242023202220212020
Transmission and Distribution (T&D)633501304270306
Commercial and Industrial (C&I)502473409414414
General Corporate444425409312287
Total1,5791,3991,1219961,008


Price Behavior

Price Behavior
Market Price$225.05 
Market Cap ($ Bil)3.5 
First Trading Date08/12/2008 
Distance from 52W High-4.6% 
   50 Days200 Days
DMA Price$220.87$179.12
DMA Trendupup
Distance from DMA1.9%25.6%
 3M1YR
Volatility44.1%48.5%
Downside Capture234.07154.64
Upside Capture248.56171.00
Correlation (SPY)58.3%55.3%
MYRG Betas & Captures as of 11/30/2025

 1M2M3M6M1Y3Y
Beta1.751.931.951.611.371.34
Up Beta0.511.151.271.381.241.37
Down Beta5.581.912.041.851.291.27
Up Capture194%247%262%209%244%305%
Bmk +ve Days13263974142427
Stock +ve Days12213469128392
Down Capture132%195%182%134%125%106%
Bmk -ve Days7162452107323
Stock -ve Days8212956119357

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
 Comparison of MYRG With Other Asset Classes (Last 1Y)
 MYRGSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return46.8%19.3%17.8%72.1%8.6%4.4%-8.3%
Annualized Volatility48.3%18.8%19.4%19.3%15.2%17.0%35.0%
Sharpe Ratio0.940.800.722.700.340.09-0.08
Correlation With Other Assets 54.4%55.2%-0.5%23.4%29.6%26.7%

ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
 Comparison of MYRG With Other Asset Classes (Last 5Y)
 MYRGSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return30.3%13.8%14.7%18.7%11.5%4.6%30.8%
Annualized Volatility40.7%17.2%17.1%15.5%18.7%18.9%48.7%
Sharpe Ratio0.770.650.700.970.500.160.57
Correlation With Other Assets 54.5%49.3%3.7%16.9%34.5%20.7%

ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
 Comparison of MYRG With Other Asset Classes (Last 10Y)
 MYRGSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return27.4%13.5%14.8%15.3%7.0%5.3%69.2%
Annualized Volatility42.8%19.9%18.0%14.7%17.6%20.8%55.8%
Sharpe Ratio0.720.600.710.860.320.220.90
Correlation With Other Assets 54.4%50.6%0.7%24.0%41.1%14.8%

ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date12152025
Short Interest: Shares Quantity733,672
Short Interest: % Change Since 1130202523.8%
Average Daily Volume271,559
Days-to-Cover Short Interest2.70
Basic Shares Quantity15,528,000
Short % of Basic Shares4.7%

Returns Analyses

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
10/29/2025-5.3%4.6%-3.7%
7/30/2025-3.4%-7.3%-4.4%
2/26/2025-4.7%-1.3%-8.1%
10/30/202413.6%29.8%36.9%
7/31/2024-22.4%-29.1%-28.8%
2/28/2024-5.7%-6.3%2.6%
10/25/2023-4.4%-8.0%4.0%
7/26/2023-2.7%-2.9%-4.9%
...
SUMMARY STATS   
# Positive81012
# Negative1086
Median Positive9.6%6.0%11.6%
Median Negative-5.0%-5.4%-6.5%
Max Positive17.7%29.8%36.9%
Max Negative-22.4%-29.1%-28.8%

SEC Filings

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Report DateFiling DateFiling
93020251029202510-Q 9/30/2025
6302025730202510-Q 6/30/2025
3312025430202510-Q 3/31/2025
12312024226202510-K 12/31/2024
93020241030202410-Q 9/30/2024
6302024731202410-Q 6/30/2024
3312024501202410-Q 3/31/2024
12312023228202410-K 12/31/2023
93020231025202310-Q 9/30/2023
6302023726202310-Q 6/30/2023
3312023426202310-Q 3/31/2023
12312022222202310-K 12/31/2022
93020221026202210-Q 9/30/2022
6302022727202210-Q 6/30/2022
3312022427202210-Q 3/31/2022
12312021223202210-K 12/31/2021