MYRG

MYR GROUP INC.

Materials • CIK: 0000700923

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Market Cap
$4.38B
P/E (TTM)
30.9x
Rev Growth (TTM)
+13.1%
Net Margin (TTM)
3.7%
FCF Yield (TTM)
5.3%
FCF Margin (TTM)
6.0%

LATEST EARNINGS

Q1 2026
19 days ago
View source
Revenue
N/A
Net Income
N/A
EPS
N/A
Gross
13.4% +1.8%
Operating
6.5% +2.4%
Net
4.7% +1.9%
  • Record quarterly net income of $46.8 million, or $2.99 per diluted share.
  • Record quarterly EBITDA of $81.5 million, a significant increase from $50.2 million in Q1 2025.
  • Record backlog of $2.84 billion, up 7.7% year-over-year.
  • Consolidated gross profit increased to $134.4 million from $96.9 million in Q1 2025, with gross margin improving to 13.4% from 11.6%.

Cash Flow Health

Free Cash Flow8/8 positive
TTM$231M
Q1 '26
$69M-19%
Q4 '25
$85M+30%
FCF Margin
TTM6.0%
Q1 '266.9%-21%
Sector: 1.1%Above Avg
OCF Margin8.6%
OCF/NI2.31x
CapEx Coverage3.4x
FCF Yield5.3%
FCF Growth (2Y)+32%
Cash Conversion Cycle
24 days
DSO: 57+DIO: 0DPO: 33

Capital Allocation & Returns

Total Shareholder YieldFY
FY0.0%
Div Yield0.0%

Insufficient data

Dividend & Payout Metrics
Dividend Yield (TTM)0.0%
Free Cash Flow (TTM)$230.6M
Stock Repurchases (FY)$0
Capital Return / FCF0.0%
Est. Dividends Paid (TTM)$0
Shows how management rewards shareholders

Operational Efficiency & Returns

Return on Invested CapitalTTM
18.6%
Moderate
+0.1% YoY+25.3%
P25MedianP75
75th pctl (med: 0.0%)
DuPont BreakdownROIC = Margin × Turn × (1+D/E)
NOPAT Margin
3.8%
8Q: 3.0%
Asset Turnover
2.36x
8Q: 2.28x
Leverage (1+D/E)
1.01x
D/E: 0.01x
DuPont: 9.1%18.6% ROIC
Asset & CapEx Efficiency
Fixed Asset Turn
13.07x
8Q:12.85x
+110.6%
Invested Cap Turn
4.89x
8Q:4.66x
+80.7%
CapEx Intensity
12.5%
8Q:9.6%
CapEx/Depreciation
1.43x
Asset-based ROIC formula

QUARTERLY TRENDS

Last 8 quarters + TTM

MetricTTMQ1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q3 2024
Revenue
$3.8B
$1.0B2.8%
$973.5M2.4%
$950.4M5.6%
$900.3M8.0%
$833.6M0.5%
$829.8M6.6%
$888.0M7.1%
$828.9M
Operating Income
$197.3M
$64.7M39.1%
$46.5M0.5%
$46.3M16.3%
$39.8M16.0%
$34.3M13.7%
$30.2M48.1%
$20.4M198.3%
$-20.7M
Net Income
$141.9M
$46.8M28.1%
$36.5M13.9%
$32.1M21.3%
$26.5M13.5%
$23.3M46.1%
$16.0M49.8%
$10.6M169.7%
$-15.3M
Operating Cash Flow
$328.0M
$84.7M26.2%
$114.8M20.1%
$95.6M190.9%
$32.9M60.5%
$83.3M294.4%
$21.1M40.7%
$35.6M57.1%
$22.7M
Free Cash Flow
$230.6M
$68.6M19.2%
$84.9M29.8%
$65.4M462.1%
$11.6M83.4%
$70.2M696.6%
$8.8M50.9%
$18.0M617.2%
$2.5M
Total Equity
N/A

Valuation Analysis

Fair Value
Price-to-EarningsTTM
30.9x
Volatile
8Q: 97.1x+10483%
Valuation Lenses
Earnings
30.9x
vs sector
Cash Flow
18.9x
EV/FCF vs
Growth-Adj
0.1xPEG
Undervalued for growth
Quality-Adj
1.7P/E per %ROIC
ROIC: 18.6%
Shareholder Returns
Dividend
Buyback
Total Yield
Market Cap$4.38B
EV$4.37B
Multi-angle valuation analysis with sector context

Business Quality & Moat

Overall Quality Score
86/100
Exceptional

Composite score: Returns (40%) + Consistency (30%) + Earnings Quality (30%)

Returns on Capital

Return on Equity (ROE)Top 25%
22.8%
8Q:
Return on Invested Capital (ROIC)Top 25%
18.6%
8Q:
+25.3%
vs Sector:0.0%

DuPont Analysis (ROIC = NOPAT Margin × Asset Turnover)

NOPAT Margin: 3.8%
Asset Turnover: 2.36x

Earnings Quality

Cash Conversion

2.31x

OCF / Net Income

FCF Consistency

Positive quarters

Competitive Moat Indicators

Pricing Power

Gross Margin12.1%

Capital Efficiency

Invested Capital Turnover4.89x

Working Capital

Cash Conversion Cycle24 days

Growth Quality & Momentum

Moderate Growth
Growth Quality Score
73/100
Growth 40%
Margins 30%
FCF 20%
Consistency 10%

Growth Rates

Revenue Growth YoY
13.1%
OpInc Growth YoY
88.7%
EPS Growth YoY
328.2%
FCF 3Y CAGR
31.9%

Growth Quality Analysis

Efficient Growth: Free cash flow growing faster than revenue
Sustainability Index: 7.5/10 - Highly sustainable growth

Margin Quality & Sustainability

Low Quality
Profitability Cascade
Gross
12.1%
Operating
5.2%
Below Avg in sector
Net
3.7%
Margins Unknown
Earnings Quality Signals
SBC / Revenue
FCF vs Net Gap
+2.3 pts
FCF: 6.0% | Net: 3.7%

Quality = stability + cash conversion + low dilution

Balance Sheet & Solvency

Fortress
Net Debt / EBITDA
Net Cash
(0.0x)Net Cash: $153.82M
Interest Coverage
+Net cash position: $153.82M
Leverage Metrics
Debt-to-Equity
0.01x
Balance sheet risk & solvency analysis