Myr Group Inc. - Understand $myrg stock

$MYRG Market Cap: $2.644 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$3.537B

TTM

Gross Margin

8.48%

TTM

Net Earnings

$38.35M

TTM

Current Assets

$1.032B

Q3 2024

Current Liabilities

$762.4M

Q3 2024

Current Ratio

135.31%

Q3 2024

Total Assets

$1.593B

Q3 2024

Total Liabilities

$1.005B

Q3 2024

Book Value

$588.5M

Q3 2024

Cash

$7.569M

Q3 2024

P/E

68.95

Nov 29, 2024 EST

Free Cash Flow

$24.04M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Revenue	$3.644B	$3.009B	$2.498B	$2.247B	$2.071B	$1.531B	$1.403B	$1.142B	$1.062B	$944.0M	$902.7M	$999.0M	$780.4M	$597.1M	$631.2M	$616.1M	$610.3M	$535.3M	$508.7M	$322.1M	$393.1M
YoY Change	21.12%	20.42%	11.16%	8.51%	35.27%	9.11%	22.83%	7.61%	12.47%	4.57%	-9.63%	28.01%	30.7%	-5.4%	2.45%	0.95%	14.01%	5.23%	57.93%	-18.06%	-24.46%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Revenue	$3.644B	$3.009B	$2.498B	$2.247B	$2.071B	$1.531B	$1.403B	$1.142B	$1.062B	$944.0M	$902.7M	$999.0M	$780.4M	$597.1M	$631.2M	$616.1M	$610.3M	$535.3M	$508.7M	$322.1M	$393.1M
Cost Of Revenue	$3.280B	$2.665B	$2.173B	$1.972B	$1.857B	$1.364B	$1.278B	$1.008B	$939.3M	$811.6M	$777.9M	$880.3M	$694.8M	$526.4M	$555.3M	$525.9M	$540.9M	$476.9M	$457.3M	$293.8M	$366.6M
Gross Profit	$364.4M	$344.0M	$325.0M	$275.9M	$214.2M	$167.1M	$125.0M	$134.7M	$122.3M	$132.4M	$124.9M	$118.7M	$85.57M	$70.72M	$75.91M	$90.20M	$69.40M	$58.40M	$51.40M	$28.30M	$26.50M
Gross Profit Margin	10.0%	11.43%	13.01%	12.27%	10.34%	10.91%	8.91%	11.79%	11.52%	14.03%	13.83%	11.88%	10.96%	11.84%	12.03%	14.64%	11.37%	10.91%	10.1%	8.79%	6.74%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Selling, General & Admin	$234.6M	$222.4M	$207.2M	$188.5M	$156.7M	$118.7M	$98.61M	$96.42M	$79.19M	$73.82M	$69.82M	$63.58M	$56.78M	$44.63M	$48.47M	$50.60M	$72.10M	$40.90M	$37.40M	$34.60M	$38.90M
YoY Change	5.48%	7.34%	9.9%	20.34%	31.95%	20.41%	2.27%	21.77%	7.27%	5.73%	9.82%	11.98%	27.21%	-7.92%	-4.22%	-29.82%	76.28%	9.36%	8.09%	-11.05%	-14.13%
% of Gross Profit	64.38%	64.67%	63.76%	68.35%	73.16%	71.07%	78.89%	71.57%	64.73%	55.75%	55.91%	53.58%	66.35%	63.11%	63.85%	56.1%	103.89%	70.03%	72.76%	122.26%	146.79%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$59.14M	$58.17M	$46.21M	$46.45M	$44.52M	$39.91M	$38.58M	$39.12M	$38.03M	$33.42M	$29.20M	$25.16M	$19.51M	$16.29M	$13.19M	$11.10M	$10.70M	$6.000M	$21.50M	$5.100M	$300.0K
YoY Change	1.66%	25.9%	-0.53%	4.35%	11.53%	3.47%	-1.4%	2.87%	13.78%	14.48%	16.06%	28.93%	19.77%	23.5%	18.83%	3.74%	78.33%	-72.09%	321.57%	1600.0%	-70.0%
% of Gross Profit	16.23%	16.91%	14.22%	16.84%	20.79%	23.89%	30.86%	29.04%	31.08%	25.24%	23.38%	21.2%	22.8%	23.03%	17.38%	12.31%	15.42%	10.27%	41.83%	18.02%	1.13%
Operating Expenses	$234.6M	$222.4M	$207.2M	$188.5M	$156.7M	$118.7M	$98.61M	$96.42M	$79.19M	$73.82M	$69.82M	$63.58M	$56.78M	$44.63M	$48.47M	$51.00M	$72.90M	$41.20M	$37.70M	$34.90M	$39.20M
YoY Change	5.48%	7.34%	9.9%	20.34%	31.95%	20.41%	2.27%	21.77%	7.27%	5.73%	9.82%	11.98%	27.21%	-7.92%	-4.97%	-30.04%	76.94%	9.28%	8.02%	-10.97%	-15.15%
Operating Profit	$129.1M	$114.9M	$118.6M	$86.55M	$57.18M	$50.31M	$29.56M	$38.75M	$44.84M	$58.40M	$55.62M	$55.76M	$29.63M	$26.51M	$27.52M	$39.20M	-$3.500M	$17.20M	$13.70M	-$6.600M	-$12.70M
YoY Change	12.35%	-3.08%	36.99%	51.36%	13.65%	70.21%	-23.73%	-13.57%	-23.22%	5.01%	-0.26%	88.2%	11.79%	-3.7%	-29.79%	-1220.0%	-120.35%	25.55%	-307.58%	-48.03%	-629.17%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Interest Expense	$4.939M	$3.563M	$1.799M	$4.563M	$6.225M	$3.652M	$2.603M	$1.299M	$741.0K	$722.0K	$727.0K	$852.0K	$544.0K	$1.054M	$852.0K	-$700.0K	-$500.0K	$1.200M	$500.0K	$200.0K	$300.0K
YoY Change	38.62%	98.05%	-60.57%	-26.7%	70.45%	40.3%	100.38%	75.3%	2.63%	-0.69%	-14.67%	56.62%	-48.39%	23.71%	-221.71%	40.0%	-141.67%	140.0%	150.0%	-33.33%	-40.0%
% of Operating Profit	3.83%	3.1%	1.52%	5.27%	10.89%	7.26%	8.81%	3.35%	1.65%	1.24%	1.31%	1.53%	1.84%	3.98%	3.1%	-1.79%		6.98%	3.65%
Other Income/Expense, Net	-$38.00K	$2.673M	-$525.0K	-$606.0K	-$515.0K	-$3.616M	-$2.319M	$885.0K	$174.0K	$162.0K	-$27.00K	-$222.0K	-$81.00K	-$144.0K	-$208.0K	-$200.0K	-$200.0K	-$200.0K	-$300.0K	-$100.0K	-$300.0K
YoY Change	-101.42%	-609.14%	-13.37%	17.67%	-85.76%	55.93%	-362.03%	408.62%	7.41%	-700.0%	-87.84%	174.07%	-43.75%	-30.77%	4.0%	0.0%	0.0%	-33.33%	200.0%	-66.67%	-50.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Pretax Income	$125.0M	$114.2M	$116.3M	$81.39M	$50.44M	$43.07M	$24.64M	$38.35M	$44.30M	$57.95M	$54.87M	$54.69M	$29.06M	$25.37M	$26.68M	$39.10M	-$3.300M	$18.50M	-$2.000M	-$6.100M	-$12.30M
YoY Change	9.46%	-1.81%	42.91%	61.34%	17.12%	74.79%	-35.74%	-13.44%	-23.56%	5.61%	0.33%	88.22%	14.56%	-4.93%	-31.76%	-1284.85%	-117.84%	-1025.0%	-67.21%	-50.41%	-659.09%
Income Tax	$34.01M	$30.82M	$31.30M	$22.63M	$14.23M	$11.77M	$3.486M	$16.91M	$17.00M	$21.41M	$20.11M	$20.43M	$10.76M	$9.243M	$9.446M	$15.50M	-$100.0K	$7.500M	$6.600M	-$2.600M	-$5.100M
% Of Pretax Income	27.21%	26.99%	26.91%	27.8%	28.21%	27.34%	14.15%	44.11%	38.37%	36.94%	36.65%	37.35%	37.03%	36.44%	35.4%	39.64%		40.54%
Net Earnings	$90.99M	$83.38M	$85.01M	$58.76M	$37.69M	$31.09M	$21.15M	$21.43M	$27.30M	$36.54M	$34.76M	$34.26M	$18.30M	$16.12M	$17.20M	$23.60M	-$3.200M	$11.00M	-$9.500M	-$5.600M	-$6.400M
YoY Change	9.13%	-1.92%	44.68%	55.9%	21.24%	46.96%	-1.29%	-21.5%	-25.29%	5.14%	1.45%	87.24%	13.5%	-6.27%	-27.12%	-837.5%	-129.09%	-215.79%	69.64%	-12.5%	-455.56%
Net Earnings / Revenue	2.5%	2.77%	3.4%	2.61%	1.82%	2.03%	1.51%	1.88%	2.57%	3.87%	3.85%	3.43%	2.34%	2.7%	2.73%	3.83%	-0.52%	2.05%	-1.87%	-1.74%	-1.63%
Basic Earnings Per Share	$5.45	$4.98	$5.05	$3.52	$2.27	$1.89	$1.30	$1.25	$1.33	$1.73	$1.65	$1.67	$0.90	$0.81	$0.87
Diluted Earnings Per Share	$5.40	$4.91	$4.95	$3.48	$2.26	$1.87	$1.28	$1.23	$1.30	$1.69	$1.61	$1.60	$0.87	$0.78	$0.83	$1.140M	-$193.9K	$670.7K	-$579.3K	-$341.5K	-$390.2K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Cash & Short-Term Investments	$24.90M	$51.04M	$82.09M	$22.70M	$12.40M	$7.500M	$5.300M	$23.80M	$39.80M	$77.60M	$76.50M	$19.80M	$34.00M	$62.60M	$37.60M	$42.10M	$34.50M	$26.20M	$28.90M
YoY Change	-51.22%	-37.83%	261.64%	83.06%	65.33%	41.51%	-77.73%	-40.2%	-48.71%	1.44%	286.36%	-41.76%	-45.69%	66.49%	-10.69%	22.03%	31.68%	-9.34%
Cash & Equivalents	$24.90M	$51.04M	$82.09M	$22.70M	$12.40M	$7.500M	$5.300M	$23.80M	$39.80M	$77.60M	$76.50M	$19.80M	$34.00M	$62.60M	$37.60M	$42.10M	$34.50M	$26.20M	$28.90M
Short-Term Investments
Other Short-Term Assets	$46.54M	$47.82M	$45.56M	$28.90M	$12.80M	$8.800M	$8.500M	$8.200M	$7.900M	$18.80M	$20.80M	$17.10M	$16.30M	$14.30M	$13.50M	$14.40M	$12.40M	$16.20M	$14.90M
YoY Change	-2.7%	4.96%	57.66%	125.78%	45.45%	3.53%	3.66%	3.8%	-57.98%	-9.62%	21.64%	4.91%	13.99%	5.93%	-6.25%	16.13%	-23.46%	8.72%
Inventory							$78.30M	$70.00M	$51.50M	$44.60M	$40.50M	$61.80M	$47.70M	$29.30M	$30.70M	$25.80M	$27.90M	$27.60M	$36.70M
Prepaid Expenses
Receivables	$934.8M	$770.3M	$597.5M	$566.2M	$599.5M	$441.2M	$273.9M	$232.8M	$186.9M	$157.5M	$173.1M	$167.1M	$126.3M	$107.0M	$100.3M	$93.80M	$99.60M	$76.00M	$92.50M
Other Receivables	$20.04M	$21.16M	$23.27M	$18.90M	$14.50M	$18.10M	$13.70M	$8.100M	$17.20M	$15.00M	$13.00M	$12.60M	$11.60M	$10.70M	$11.50M	$9.400M	$12.50M	$9.200M	$10.70M
Total Short-Term Assets	$1.026B	$890.3M	$748.4M	$636.7M	$639.2M	$475.6M	$379.7M	$342.9M	$303.4M	$313.5M	$323.9M	$278.4M	$236.0M	$223.9M	$193.6M	$185.4M	$186.9M	$155.3M	$183.7M
YoY Change	15.27%	18.96%	17.54%	-0.39%	34.4%	25.26%	10.73%	13.02%	-3.22%	-3.21%	16.34%	17.97%	5.4%	15.65%	4.42%	-0.8%	20.35%	-15.46%
Property, Plant & Equipment	$304.0M	$263.7M	$217.1M	$207.4M	$208.3M	$161.9M	$148.1M	$154.9M	$160.7M	$148.7M	$142.9M	$128.9M	$117.2M	$96.60M	$88.00M	$75.90M	$57.60M	$39.50M	$17.60M
YoY Change	15.27%	21.49%	4.66%	-0.43%	28.66%	9.32%	-4.39%	-3.61%	8.07%	4.06%	10.86%	9.98%	21.33%	9.77%	15.94%	31.77%	45.82%	124.43%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$8.707M	$3.697M	$3.978M	$3.000M	$4.700M	$1.300M	$200.0K	$0.00
YoY Change	135.52%	-7.06%	32.6%	-36.17%	261.54%	550.0%
Other Assets	$5.597M	$3.537M	$4.099M	$4.300M	$3.700M	$2.900M	$3.700M	$2.700M	$2.400M	$1.500M	$1.700M	$1.900M	$2.000M	$1.800M	$1.900M	$2.300M	$2.500M	$2.100M	$2.100M
YoY Change	58.24%	-13.71%	-4.67%	16.22%	27.59%	-21.62%	37.04%	12.5%	60.0%	-11.76%	-10.53%	-5.0%	11.11%	-5.26%	-17.39%	-8.0%	19.05%	0.0%
Total Long-Term Assets	$552.5M	$508.6M	$372.7M	$359.2M	$368.7M	$273.2M	$224.1M	$230.6M	$221.5M	$206.6M	$201.5M	$187.9M	$176.6M	$156.2M	$148.0M	$136.7M	$118.9M	$101.2M	$59.90M
YoY Change	8.64%	36.45%	3.76%	-2.58%	34.96%	21.91%	-2.82%	4.11%	7.21%	2.53%	7.24%	6.4%	13.06%	5.54%	8.27%	14.97%	17.49%	68.95%
Total Assets	$1.579B	$1.399B	$1.121B	$995.9M	$1.008B	$748.8M	$603.8M	$573.5M	$524.9M	$520.1M	$525.4M	$466.3M	$412.6M	$380.1M	$341.6M	$322.1M	$305.8M	$256.5M	$243.6M
YoY Change
Accounts Payable	$359.4M	$315.3M	$200.7M	$162.6M	$192.1M	$139.5M	$110.4M	$99.90M	$73.30M	$62.20M	$79.60M	$84.50M	$73.90M	$41.30M	$39.90M	$30.20M	$30.80M	$25.20M	$34.70M
YoY Change	13.97%	57.08%	23.46%	-15.36%	37.71%	26.36%	10.51%	36.29%	17.85%	-21.86%	-5.8%	14.34%	78.93%	3.51%	32.12%	-1.95%	22.22%	-27.38%
Accrued Expenses	$91.40M	$76.39M	$83.10M	$79.30M	$54.40M	$49.30M	$29.10M	$34.20M	$51.00M	$54.60M	$54.00M	$56.00M	$53.20M	$42.00M	$41.90M	$32.90M	$30.40M	$31.30M	$28.60M
YoY Change	19.64%	-8.07%	4.79%	45.77%	10.34%	69.42%	-14.91%	-32.94%	-6.59%	1.11%	-3.57%	5.26%	26.67%	0.24%	27.36%	8.22%	-2.88%	9.44%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$10.00M	$0.00	$300.0K	$400.0K	$3.000M	$0.00	$0.00
YoY Change												-100.0%		-100.0%	-25.0%	-86.67%
Long-Term Debt Due	$9.092M	$6.201M	$1.039M	$4.700M	$9.900M	$4.800M	$1.100M	$1.100M
YoY Change	46.62%	496.82%	-77.89%	-52.53%	106.25%	336.36%	0.0%
Total Short-Term Liabilities	$747.2M	$667.0M	$498.6M	$443.4M	$396.8M	$283.8M	$188.6M	$196.2M	$179.7M	$171.6M	$204.4M	$188.9M	$176.8M	$138.8M	$120.8M	$123.3M	$134.8M	$113.7M	$129.1M
YoY Change	12.03%	33.77%	12.45%	11.74%	39.82%	50.48%	-3.87%	9.18%	4.72%	-16.05%	8.21%	6.84%	27.38%	14.9%	-2.03%	-8.53%	18.56%	-11.93%
Long-Term Debt	$29.50M	$37.79M	$3.464M	$25.00M	$157.4M	$87.60M	$81.60M	$62.90M	$0.00	$0.00	$0.00	$0.00	$0.00	$30.00M	$30.00M	$30.00M	$30.00M	$0.00	$0.00
YoY Change	-21.94%	990.99%	-86.14%	-84.12%	79.68%	7.35%	29.73%						-100.0%	0.0%	0.0%	0.0%
Other Long-Term Liabilities	$102.6M	$88.13M	$75.31M	$79.80M	$68.20M	$35.50M	$33.10M	$32.60M	$900.0K	$1.200M	$1.200M	$1.200M	$700.0K	$600.0K	$900.0K	$900.0K	$1.400M	$800.0K	$200.0K
YoY Change	16.43%	17.03%	-5.63%	17.01%	92.11%	7.25%	1.53%	3522.22%	-25.0%	0.0%	0.0%	71.43%	16.67%	-33.33%	0.0%	-35.71%	75.0%	300.0%
Total Long-Term Liabilities	$132.1M	$125.9M	$78.77M	$104.8M	$225.6M	$123.1M	$114.7M	$95.50M	$900.0K	$1.200M	$1.200M	$1.200M	$700.0K	$30.60M	$30.90M	$30.90M	$31.40M	$800.0K	$200.0K
YoY Change	4.91%	59.86%	-24.84%	-53.55%	83.27%	7.32%	20.1%	10511.11%	-25.0%	0.0%	0.0%	71.43%	-97.71%	-0.97%	0.0%	-1.59%	3825.0%	300.0%
Total Liabilities	$927.5M	$838.7M	$602.0M	$566.6M	$643.4M	$425.8M	$316.7M	$310.3M	$195.0M	$197.5M	$229.3M	$211.7M	$196.8M	$187.4M	$167.5M	$166.7M	$174.9M	$128.8M	$138.6M
YoY Change	10.6%	39.31%	6.25%	-11.94%	51.1%	34.45%	2.06%	59.13%	-1.27%	-13.87%	8.31%	7.57%	5.02%	11.88%	0.48%	-4.69%	35.79%	-7.07%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Basic Shares Outstanding	16.68M shares	16.76M shares	16.84M shares	16.68M shares	16.59M shares	16.44M shares	16.27M	17.11M	20.58M shares	20.92M shares	20.82M shares	20.39M shares	20.15M shares	19.88M shares	19.76M shares
Diluted Shares Outstanding	16.84M shares	16.98M shares	17.16M shares	16.89M shares	16.70M shares	16.59M shares	16.50M	17.46M	21.04M shares	21.47M shares	21.43M shares	21.17M shares	20.99M shares	20.78M shares	20.70M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $2.6443 Billion

About MYR GROUP INC.

MYR Group, Inc. is a holding company, which engages in the provision of electrical construction services. The company is headquartered in Thornton, Colorado and currently employs 9,000 full-time employees. The company went IPO on 2008-09-09. The Company, through its subsidiaries, provides specialty electrical construction services, which serve the electric utility infrastructure, commercial and industrial construction markets. The company operates through two electrical contracting service segments: Transmission and Distribution (T&D) and Commercial and Industrial (C&I). Its T&D segment provides a range of services on electric transmission and distribution networks, substation facilities, which include design, engineering, procurement, construction, upgrade and maintenance and repair services, with a focus on construction, maintenance and repair. The company also provides emergency restoration services in response to, wildfire, ice or other damage. Its C&I segment provides services, such as the design, installation, maintenance and repair of commercial and industrial wiring, the installation of intelligent transportation systems, roadway lighting and signalization in the United States and western Canada.

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