Tearsheet

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

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Low stock price volatility
Vol 12M is 45%

Megatrend and thematic drivers
Megatrends include Renewable Energy Transition, Electrification of Everything, and Digital Infrastructure. Themes include Battery Storage & Grid Modernization, Show more.

Trading close to highs
Dist 52W High is 0.0%, Dist 3Y High is 0.0%

Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 30x

Stock price has recently run up significantly
12M Rtn12 month market price return is 184%

Key risks
MYRG key risks include [1] challenges and delays in executing its substantial project backlog, Show more.

0 Low stock price volatility
Vol 12M is 45%
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 0.0%, Dist 3Y High is 0.0%
3 Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 30x
4 Stock price has recently run up significantly
12M Rtn12 month market price return is 184%
5 Key risks
MYRG key risks include [1] challenges and delays in executing its substantial project backlog, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

MYR (MYRG) stock has gained about 45% since 12/31/2025 because of the following key factors:

1. Strong Fourth Quarter and Full-Year 2025 Financial Results. MYR Group Inc. reported robust financial performance for Q4 2025, with earnings per share (EPS) of $2.33, significantly surpassing analyst estimates of $1.73 to $1.81 by 25.27% to 28.73%. Revenue reached $973.5 million, exceeding projections of $897.66 million by 8.45%. The company also achieved a record Q4 net income of $37 million, a 131% increase year-over-year, and saw its operating cash flow jump 448% to $115 million, with EBITDA rising 42% to $64 million. For the full year 2025, MYR Group's revenue was $3.66 billion, demonstrating an 8.79% year-over-year growth.

2. Significant Opportunities in Electric Utility Infrastructure and Data Center Expansion. The company is strategically positioned to benefit from substantial investments in the U.S. electric utility infrastructure, with the sector targeting $1.1 trillion in power transmission and distribution investments from 2025 to 2030. Growth is particularly driven by the increasing demand from large-scale data center development, which is expected to triple in power capacity to 20.6GW by 2028. MYR Group anticipates continued growth in 2026, fueled by strengthening transmission and distribution tailwinds, with approximately $178 billion projected for transmission construction from 2025 to 2028.

Show more

Stock Movement Drivers

Fundamental Drivers

The 45.7% change in MYRG stock from 12/31/2025 to 4/10/2026 was primarily driven by a 20.3% change in the company's P/E Multiple.
(LTM values as of)123120254102026Change
Stock Price ($)218.50318.2645.7%
Change Contribution By: 
Total Revenues ($ Mil)3,5143,6584.1%
Net Income Margin (%)2.8%3.2%16.3%
P/E Multiple34.741.720.3%
Shares Outstanding (Mil)16160.0%
Cumulative Contribution45.7%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 4/10/2026
ReturnCorrelation
MYRG45.7% 
Market (SPY)-5.4%53.8%
Sector (XLI)10.6%66.6%

Fundamental Drivers

The 53.0% change in MYRG stock from 9/30/2025 to 4/10/2026 was primarily driven by a 46.3% change in the company's Net Income Margin (%).
(LTM values as of)93020254102026Change
Stock Price ($)208.03318.2653.0%
Change Contribution By: 
Total Revenues ($ Mil)3,4523,6586.0%
Net Income Margin (%)2.2%3.2%46.3%
P/E Multiple42.341.7-1.3%
Shares Outstanding (Mil)16160.0%
Cumulative Contribution53.0%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2025 to 4/10/2026
ReturnCorrelation
MYRG53.0% 
Market (SPY)-2.9%55.3%
Sector (XLI)11.6%63.0%

Fundamental Drivers

The 181.4% change in MYRG stock from 3/31/2025 to 4/10/2026 was primarily driven by a 259.7% change in the company's Net Income Margin (%).
(LTM values as of)33120254102026Change
Stock Price ($)113.09318.26181.4%
Change Contribution By: 
Total Revenues ($ Mil)3,3623,6588.8%
Net Income Margin (%)0.9%3.2%259.7%
P/E Multiple60.241.7-30.7%
Shares Outstanding (Mil)16163.8%
Cumulative Contribution181.4%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2025 to 4/10/2026
ReturnCorrelation
MYRG181.4% 
Market (SPY)16.3%56.2%
Sector (XLI)32.3%61.3%

Fundamental Drivers

The 152.6% change in MYRG stock from 3/31/2023 to 4/10/2026 was primarily driven by a 66.6% change in the company's P/E Multiple.
(LTM values as of)33120234102026Change
Stock Price ($)126.01318.26152.6%
Change Contribution By: 
Total Revenues ($ Mil)3,0093,65821.6%
Net Income Margin (%)2.8%3.2%16.8%
P/E Multiple25.041.766.6%
Shares Outstanding (Mil)17166.7%
Cumulative Contribution152.6%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2023 to 4/10/2026
ReturnCorrelation
MYRG152.6% 
Market (SPY)63.3%49.3%
Sector (XLI)76.8%55.8%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
MYRG Return84%-17%57%3%47%44%424%
Peers Return29%5%32%84%57%36%610%
S&P 500 Return27%-19%24%23%16%-0%82%

Monthly Win Rates [3]
MYRG Win Rate75%42%67%50%58%100% 
Peers Win Rate57%53%65%65%60%85% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
MYRG Max Drawdown-7%-30%-0%-39%-32%0% 
Peers Max Drawdown-9%-24%-13%-8%-25%-1% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: PWR, MTZ, EME, PRIM, DY.
[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] 2026 data is for the year up to 4/10/2026 (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 PWR, MTZ, EME, PRIM, DY

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

MYR Group is like **EMCOR Group (EME)**, but focused exclusively on providing electrical construction and maintenance services for both utility infrastructure (power grid) and large commercial/industrial facilities.

MYR Group is like **Quanta Services (PWR)**, specializing in all things electrical for the power grid, from high-voltage transmission lines to substation work, and also handling complex electrical installations for large commercial and industrial clients.

AI Analysis | Feedback

  • Electrical Transmission & Distribution Services: Provides comprehensive services for the design, construction, maintenance, and repair of electric transmission lines, substations, and distribution networks.
  • Commercial & Industrial Electrical Services: Offers design, installation, maintenance, and repair of electrical wiring and systems for diverse commercial, industrial, and governmental facilities.
  • Renewable Energy Facility Services: Delivers electrical construction and maintenance services specifically for renewable power generation facilities and related infrastructure.
  • Emergency Electrical Restoration: Supplies rapid response services for the repair and restoration of electrical infrastructure damaged by storms or other emergencies.
  • Traffic & Roadway Lighting Services: Specializes in the installation of traffic networks and lighting systems for bridges, roadways, and tunnels.

AI Analysis | Feedback

MYR Group Inc. (MYRG) sells its electrical construction services primarily to other companies and governmental agencies, not to individuals. Its major customers fall into the following categories:

  • Electric Utility Companies: This is a primary customer base for MYRG's Transmission and Distribution segment. This category includes investor-owned utilities, cooperatives, government-funded utilities, independent power producers, and independent transmission companies.
  • General Contractors and Developers: MYR Group serves these entities as a prime or sub-contractor for new construction projects across both its Transmission and Distribution and Commercial and Industrial segments.
  • Commercial and Industrial Facility Owners: This includes owners of a wide range of facilities such as airports, hospitals, data centers, hotels, stadiums, manufacturing plants, processing facilities, and mining facilities, for whom MYR Group provides design, installation, maintenance, and repair of electrical systems.
  • Governmental Agencies: MYR Group provides services for governmental agencies for public infrastructure projects, including traffic networks, bridge, roadway, and tunnel lighting, and transportation control and management systems.

AI Analysis | Feedback

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AI Analysis | Feedback

Richard S. Swartz, President and Chief Executive Officer

Richard S. Swartz was appointed President and Chief Executive Officer of MYR Group in January 2017. He has over 40 years of experience in the electrical construction industry. Prior to his CEO appointment, he served for seven years as the company's Executive Vice President and Chief Operating Officer. Mr. Swartz began his career in field operations with Sturgeon Electric, a MYR Group subsidiary. He is responsible for the complete profit and loss of MYR Group and its subsidiaries and chairs the company's executive committee. He was instrumental in developing project management and productivity improvement programs, as well as corporate safety initiatives.

Kelly M. Huntington, Senior Vice President and Chief Financial Officer

Kelly M. Huntington was appointed Senior Vice President and Chief Financial Officer of MYR Group in 2023. She brings 20 years of experience in power generation, utilities, and infrastructure services. Prior to joining MYR Group, Ms. Huntington served as Senior Vice President and Chief Financial Officer of USIC LLC, an infrastructure services company. She also held various leadership roles at The AES Corporation, including Senior Vice President and Chief Financial Officer, and subsequently President and Chief Executive Officer of its subsidiary, Indianapolis Power & Light Co. Ms. Huntington holds a Bachelor of Science in Management Science from Massachusetts Institute of Technology and currently serves on the Board of Directors of Capital Power.

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

Brian K. 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. Before his current role, he served as Group Vice President of MYR Group's Western region from 2017 to 2023. Mr. Stern began his career with MYR Group as a market analyst in 2001.

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

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

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

William F. Fry was appointed Vice President, Chief Legal Officer, and Secretary of MYR Group in 2019, and was named Senior Vice President in 2024. He oversees all aspects of the company's legal affairs across the U.S. and Western Canada, as well as risk mitigation efforts, human resources, and information technology departments, and spearheads the company's environmental, social, and governance (ESG) program. Mr. Fry began his professional career as a trainee engineer with Chicago Bridge & Iron, Inc. He holds a Bachelor of Science in Engineering from Texas A&M University, a Jurisprudence Doctorate in Law and Engineering from the University of Houston, and a Master of Business Administration degree from Rice University.

AI Analysis | Feedback

Key Risks to MYR Group Inc. (MYRG)

  • Reliance on Infrastructure Spending and Utility Capital Expenditures: MYR Group's core business in both its Transmission and Distribution and Commercial and Industrial segments is heavily dependent on sustained investment in electrical infrastructure, particularly by electric utilities and governmental agencies. Economic downturns, changes in regulatory environments, shifts in government funding priorities, or reduced capital expenditure by utilities could significantly decrease demand for MYR Group's services, directly impacting its project pipeline and revenue.

  • Skilled Labor Shortages and Rising Labor Costs: The electrical construction industry, by its nature, requires a highly skilled and specialized workforce, including linemen, electricians, and project managers. A persistent shortage of qualified skilled labor, or significant increases in wage demands and labor costs, could constrain MYR Group's ability to bid on and complete projects, lead to project delays, increase operational expenses, and negatively impact profitability.

  • Competitive Market and Project Execution Risks: MYR Group operates in a competitive market, which can lead to pricing pressure and impact profit margins. Additionally, the inherent risks associated with large-scale construction projects, such as unexpected cost overruns, project delays, unforeseen site conditions, availability and cost of materials, and potential disputes with clients or subcontractors, can significantly affect project profitability and overall financial performance, particularly for fixed-price contracts.

AI Analysis | Feedback

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Addressable Markets for MYR Group Inc. (MYRG)

MYR Group Inc. operates in two primary segments: Transmission and Distribution (T&D) and Commercial and Industrial (C&I) electrical construction services. The addressable markets for these services in the United States and Canada are substantial.

Transmission and Distribution Segment

  • In the United States, the electric power transmission and distribution market was valued at approximately USD 89.9 billion in 2024 and is projected to grow to USD 110.4 billion by 2032, advancing at a compound annual growth rate (CAGR) of 2.7% from 2025 to 2032. The U.S. transmission infrastructure market alone was approximately USD 50 billion in 2024.
  • In Canada, the power transmission and distribution market generated USD 20,264.9 million (approximately USD 20.26 billion) in 2024 and is expected to reach USD 31,369.3 million (approximately USD 31.37 billion) by 2030, with a CAGR of 7.6% from 2025 to 2030. The Canadian transmission infrastructure market was around USD 10 billion in 2024.

Commercial and Industrial Segment

  • The overall U.S. electrical services market, which includes commercial and industrial electrical construction, maintenance, and repair, was valued at USD 163.9 billion in 2024 and is projected to grow to USD 294.6 billion by 2034, exhibiting a CAGR of 6.3% from 2025 to 2034. Specifically, the U.S. electrical construction market was valued at over USD 115 billion in 2024. The U.S. electrical contractors market was valued at USD 237.59 billion in 2023 and is expected to reach USD 256.65 billion by 2029.
  • The broader North America Electrical Services Market, encompassing the United States and Canada, was valued at USD 187.07 billion in 2024 and is anticipated to reach USD 228.29 billion by 2030, growing at a CAGR of 3.37% during the forecast period.

AI Analysis | Feedback

MYR Group Inc. (NASDAQ: MYRG) is expected to experience future revenue growth over the next 2-3 years, driven by several key factors:

  1. Grid Modernization and Infrastructure Investment: Significant investment in upgrading and expanding the electrical grid across the U.S. and Canada is a primary growth driver for MYR Group's Transmission and Distribution (T&D) segment. U.S. utilities are projected to invest approximately $178 billion in grid modernization between 2025 and 2028, with the broader utilities sector targeting $1.1 trillion in power transmission and distribution investments from 2025 to 2030. These investments are aimed at enhancing system reliability, connecting new generation sources, and hardening the grid.
  2. Growth in Data Centers and Digital Infrastructure: The rapid expansion of data centers and digital infrastructure, fueled by increasing demand for artificial intelligence, presents a substantial growth opportunity for the Commercial and Industrial (C&I) segment. MYR Group is strategically targeting hyperscale data centers, where demand for complex electrical infrastructure is growing rapidly.
  3. Electrification and Clean Energy Projects: The broader trend of electrification and the push towards clean energy, including renewable power facilities and electric vehicle (EV) charging networks, are expected to contribute to revenue growth. MYR Group is actively pursuing opportunities in clean energy markets and aligning its growth with federal funding allocations for grid reliability and clean energy.
  4. Strong Backlog and Master Service Agreements (MSAs): The company's substantial and growing project backlog provides strong revenue visibility. As of December 31, 2025, MYR Group reported a backlog of $2.8 billion, representing a 9.6% increase year-over-year, driven by longer-duration project awards. A significant portion of the T&D segment's revenue, approximately 60%, comes from master service agreements, which offer stable and recurring work with established clientele.
  5. Expansion in Core Commercial and Industrial Markets: Beyond data centers, the C&I segment benefits from a diversified focus on core markets such as airports, transportation, healthcare, e-commerce, and water/wastewater facilities. The company is deepening its presence in these areas, including regional hub scaling to support semiconductor fabs and related supply-chain electrification.

AI Analysis | Feedback

Share Repurchases

  • From 2024-2025, MYR Group Inc. repurchased 1.3 million shares for approximately $150 million under multiple repurchase programs.
  • The company authorized a new share repurchase program of up to $75 million, effective May 9, 2024, set to expire by November 8, 2024, or when the funds are exhausted.
  • A previous $75 million repurchase program commenced on November 9, 2023, and was scheduled to expire on May 8, 2024.

Share Issuance

  • Over the last five years, MYR Group has reduced its share count by 8% through repurchases, which has contributed to higher earnings per share.

Outbound Investments

  • In January 2022, MYR Group acquired Powerline Plus. This acquisition strengthened its Transmission & Distribution (T&D) segment and expanded its market presence in Canada.

Capital Expenditures

  • MYR Group's capital expenditures margin for the fiscal years ending December 2020 to 2024 averaged 2.2%.
  • In the last 12 months (as of March 13, 2026), capital expenditures were -$94.37 million. The company invested $29.9 million in capital expenditures during Q4 2025.
  • Ongoing investment in specialty equipment supports the company's future organic growth, and a strong balance sheet enables continued capital spending.

Better Bets vs. MYR (MYRG)

Trade Ideas

Select ideas related to MYRG.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
NSP_3312026_Insider_Buying_45D_2Buy_200K03312026NSPInsperityInsiderInsider Buys 45DStrong Insider Buying
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TNC_3312026_Insider_Buying_45D_2Buy_200K03312026TNCTennantInsiderInsider Buys 45DStrong Insider Buying
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0.0%0.0%0.0%
ADP_3272026_Dip_Buyer_FCFYield03272026ADPAutomatic Data ProcessingDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
1.0%1.0%0.0%
HURN_3272026_Dip_Buyer_FCFYield03272026HURNHuron ConsultingDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
4.0%4.0%0.0%
TRU_3272026_Dip_Buyer_FCFYield03272026TRUTransUnionDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
5.2%5.2%0.0%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

MYRGPWRMTZEMEPRIMDYMedian
NameMYR Quanta S.MasTec EMCOR Primoris.Dycom In. 
Mkt Price318.26585.36361.22802.43161.14393.00377.11
Mkt Cap4.987.428.135.98.711.619.8
Rev LTM3,65828,48014,29916,9867,5755,54610,937
Op Inc LTM1631,5876531,569414425539
FCF LTM2321,6212861,189340402371
FCF 3Y Avg771,4135841,115273180428
CFO LTM3272,2305461,302470643594
CFO 3Y Avg1621,9627851,203392417601

Growth & Margins

MYRGPWRMTZEMEPRIMDYMedian
NameMYR Quanta S.MasTec EMCOR Primoris.Dycom In. 
Rev Chg LTM8.8%20.3%16.2%16.6%19.0%17.9%17.3%
Rev Chg 3Y Avg7.4%18.7%13.8%15.3%19.9%13.4%14.6%
Rev Chg Q17.3%19.7%15.8%19.7%6.7%34.4%18.5%
QoQ Delta Rev Chg LTM4.1%4.7%3.9%4.6%1.6%7.2%4.3%
Op Mgn LTM4.4%5.6%4.6%9.2%5.5%7.7%5.5%
Op Mgn 3Y Avg3.1%5.4%2.9%8.5%5.0%7.5%5.2%
QoQ Delta Op Mgn LTM0.3%-0.1%0.3%-0.2%-0.2%-0.6%-0.1%
CFO/Rev LTM8.9%7.8%3.8%7.7%6.2%11.6%7.7%
CFO/Rev 3Y Avg4.5%8.1%6.2%8.2%5.9%8.4%7.1%
FCF/Rev LTM6.3%5.7%2.0%7.0%4.5%7.2%6.0%
FCF/Rev 3Y Avg2.1%5.8%4.7%7.6%4.1%3.4%4.4%

Valuation

MYRGPWRMTZEMEPRIMDYMedian
NameMYR Quanta S.MasTec EMCOR Primoris.Dycom In. 
Mkt Cap4.987.428.135.98.711.619.8
P/S1.43.12.02.11.22.12.0
P/EBIT29.653.040.920.721.126.628.1
P/E41.785.070.528.231.841.141.4
P/CFO15.139.251.627.518.618.023.0
Total Yield2.4%1.2%1.4%3.7%3.3%2.4%2.4%
Dividend Yield0.0%0.1%0.0%0.1%0.2%0.0%0.0%
FCF Yield 3Y Avg2.2%3.1%6.4%6.2%6.6%2.4%4.7%
D/E0.00.10.10.00.10.30.1
Net D/E-0.00.10.1-0.00.00.20.1

Returns

MYRGPWRMTZEMEPRIMDYMedian
NameMYR Quanta S.MasTec EMCOR Primoris.Dycom In. 
1M Rtn18.3%3.1%18.9%11.4%20.7%7.1%14.9%
3M Rtn43.1%38.6%65.0%24.2%24.1%16.0%31.4%
6M Rtn61.9%40.2%84.7%21.0%21.6%38.2%39.2%
12M Rtn184.4%123.0%213.9%114.3%186.4%160.1%172.3%
3Y Rtn157.2%258.9%299.5%422.3%541.2%329.7%314.6%
1M Excs Rtn17.7%2.5%18.3%10.8%20.1%6.5%14.3%
3M Excs Rtn45.0%43.2%66.4%29.3%30.7%17.2%36.9%
6M Excs Rtn52.8%31.1%64.1%14.6%14.9%32.7%31.9%
12M Excs Rtn175.7%102.3%201.3%90.2%163.8%142.5%153.2%
3Y Excs Rtn91.8%195.2%242.2%343.6%481.3%273.8%258.0%

Financials

Segment Financials

Assets by Segment
$ Mil20252024202320222021
Transmission and Distribution (T&D)602633501304270
Commercial and Industrial (C&I)540502473409414
General Corporate433444425409312
Total1,5741,5791,3991,121996


Price Behavior

Price Behavior
Market Price$318.26 
Market Cap ($ Bil)4.9 
First Trading Date08/12/2008 
Distance from 52W High0.0% 
   50 Days200 Days
DMA Price$272.52$222.61
DMA Trendupup
Distance from DMA16.8%43.0%
 3M1YR
Volatility44.9%43.3%
Downside Capture-0.060.57
Upside Capture250.89205.87
Correlation (SPY)51.1%46.3%
MYRG Betas & Captures as of 3/31/2026

 1M2M3M6M1Y3Y
Beta2.622.031.901.921.351.43
Up Beta3.883.322.691.791.251.43
Down Beta3.842.601.781.841.211.36
Up Capture302%240%304%326%329%374%
Bmk +ve Days7162765139424
Stock +ve Days14243768138388
Down Capture124%101%101%144%115%108%
Bmk -ve Days12233358110323
Stock -ve Days8182658112361

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with MYRG
MYRG207.9%45.1%2.63-
Sector ETF (XLI)49.1%17.9%2.0859.6%
Equity (SPY)31.2%17.3%1.4753.7%
Gold (GLD)60.1%27.8%1.694.3%
Commodities (DBC)29.8%16.6%1.5815.0%
Real Estate (VNQ)21.3%15.2%1.0729.8%
Bitcoin (BTCUSD)-5.7%43.7%-0.0127.2%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with MYRG
MYRG33.3%40.5%0.83-
Sector ETF (XLI)13.1%17.3%0.5954.2%
Equity (SPY)11.1%17.0%0.5048.7%
Gold (GLD)22.1%17.8%1.025.6%
Commodities (DBC)11.8%18.8%0.5216.1%
Real Estate (VNQ)3.7%18.8%0.1033.4%
Bitcoin (BTCUSD)4.0%56.5%0.2919.3%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with MYRG
MYRG28.8%43.0%0.74-
Sector ETF (XLI)13.8%19.9%0.6155.2%
Equity (SPY)13.8%17.9%0.6650.9%
Gold (GLD)14.2%15.9%0.742.2%
Commodities (DBC)8.6%17.6%0.4123.0%
Real Estate (VNQ)5.1%20.7%0.2241.1%
Bitcoin (BTCUSD)67.4%66.9%1.0714.1%

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Short Interest

Short Interest: As Of Date3312026
Short Interest: Shares Quantity0.7 Mil
Short Interest: % Change Since 3152026-1.0%
Average Daily Volume0.3 Mil
Days-to-Cover Short Interest2.5 days
Basic Shares Quantity15.5 Mil
Short % of Basic Shares4.5%

Returns Analyses

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
2/25/2026-0.6%0.2%-1.8%
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%
...
SUMMARY STATS   
# Positive81112
# Negative1187
Median Positive9.6%4.6%11.6%
Median Negative-4.7%-5.4%-4.9%
Max Positive17.7%29.8%36.9%
Max Negative-22.4%-29.1%-28.8%

SEC Filings

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Report DateFiling DateFiling
12/31/202502/25/202610-K
09/30/202510/29/202510-Q
06/30/202507/30/202510-Q
03/31/202504/30/202510-Q
12/31/202402/26/202510-K
09/30/202410/30/202410-Q
06/30/202407/31/202410-Q
03/31/202405/01/202410-Q
12/31/202302/28/202410-K
09/30/202310/25/202310-Q
06/30/202307/26/202310-Q
03/31/202304/26/202310-Q
12/31/202202/22/202310-K
09/30/202210/26/202210-Q
06/30/202207/27/202210-Q
03/31/202204/27/202210-Q

Insider Activity

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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Egan, Don ASVP and COO C&IDirectSell11052025233.402,900676,8611,353,021Form
2Favreau, Bradley ThedeDirectBuy3052025119.6083599,8661,619,623Form