Myr Group Inc Del Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Myr Group Inc Del has an operating margin of 1.6%, meaning the company retains $2 of operating profit per $100 of revenue. This below-average margin results in a low score of 8/100, suggesting thin profitability after operating expenses. This is down from 3.5% the prior year.
Myr Group Inc Del's revenue declined 7.7% year-over-year, from $3.6B to $3.4B. This contraction results in a growth score of 6/100.
Myr Group Inc Del carries a low D/E ratio of 0.12, meaning only $0.12 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
Myr Group Inc Del's current ratio of 1.35 indicates adequate short-term liquidity, earning a score of 34/100. The company can meet its near-term obligations, though with limited headroom.
While Myr Group Inc Del generated $87.1M in operating cash flow, capex of $75.9M consumed most of it, leaving $11.2M in free cash flow. This results in a low score of 2/100, reflecting heavy capital investment rather than weak cash generation.
Myr Group Inc Del generates a 5.0% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 20/100. This is down from 14.0% the prior year.
Myr Group Inc Del scores 5.48, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Myr Group Inc Del passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Myr Group Inc Del generates $2.88 in operating cash flow ($87.1M OCF vs $30.3M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Myr Group Inc Del earns $8.3 in operating income for every $1 of interest expense ($54.1M vs $6.5M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
This page shows Myr Group Inc Del (MYRG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Myr Group Inc Del generated $3.4B in revenue in fiscal year 2024. This represents a decrease of 7.7% from the prior year.
Myr Group Inc Del's EBITDA was $119.3M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 36.6% from the prior year.
Myr Group Inc Del generated $11.2M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 181.5% from the prior year.
Myr Group Inc Del reported $30.3M in net income in fiscal year 2024. This represents a decrease of 66.7% from the prior year.
Myr Group Inc Del earned $1.83 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 66.1% from the prior year.
Myr Group Inc Del held $3.5M in cash against $70.0M in long-term debt as of fiscal year 2024.
Myr Group Inc Del had 16M shares outstanding in fiscal year 2024. This represents a decrease of 3.4% from the prior year.
Myr Group Inc Del's gross margin was 8.6% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 1.4 percentage points from the prior year.
Myr Group Inc Del's operating margin was 1.6% in fiscal year 2024, reflecting core business profitability. This is down 1.9 percentage points from the prior year.
Myr Group Inc Del's net profit margin was 0.9% in fiscal year 2024, showing the share of revenue converted to profit. This is down 1.6 percentage points from the prior year.
Myr Group Inc Del's ROE was 5.0% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 8.9 percentage points from the prior year.
Myr Group Inc Del spent $75.0M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 2515.1% from the prior year.
Myr Group Inc Del invested $75.9M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 10.4% from the prior year.
MYRG Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $950.4M+5.6% | $900.3M+8.0% | $833.6M+0.5% | $829.8M+0.1% | $828.9M+1.6% | $815.6M-18.8% | $1.0B+6.9% | $939.5M |
| Cost of Revenue | $838.5M+5.3% | $796.6M+8.1% | $736.7M-1.0% | $743.9M-5.6% | $788.0M+8.1% | $729.3M-19.6% | $906.7M+7.0% | $847.1M |
| Gross Profit | $111.9M+7.9% | $103.7M+7.0% | $96.9M+12.7% | $85.9M+110.4% | $40.8M-52.6% | $86.2M-11.5% | $97.5M+5.5% | $92.4M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $65.9M+4.1% | $63.3M+1.3% | $62.5M+10.3% | $56.7M-8.3% | $61.8M-0.6% | $62.2M+3.7% | $60.0M+0.2% | $59.9M |
| Operating Income | $46.3M+16.3% | $39.8M+16.0% | $34.3M+13.7% | $30.2M+245.6% | -$20.7M-185.3% | $24.3M-34.8% | $37.2M+16.2% | $32.0M |
| Interest Expense | $1.4M-24.4% | $1.9M+34.7% | $1.4M-36.1% | $2.2M+78.4% | $1.2M+17.7% | $1.1M-43.9% | $1.9M+42.5% | $1.3M |
| Income Tax | $12.6M+15.6% | $10.9M+15.5% | $9.5M-14.4% | $11.1M+261.1% | -$6.9M-265.0% | $4.2M-63.7% | $11.5M+22.7% | $9.3M |
| Net Income | $32.1M+21.3% | $26.5M+13.5% | $23.3M+46.1% | $16.0M+204.4% | -$15.3M-180.7% | $18.9M-21.2% | $24.0M+11.8% | $21.5M |
| EPS (Diluted) | $2.05+20.6% | $1.70+17.2% | $1.45+49.5% | $0.97+206.6% | $-0.91-181.3% | $1.12-20.6% | $1.41+10.2% | $1.28 |
MYRG Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.6B+3.7% | $1.6B+4.3% | $1.5B-3.3% | $1.6B-0.6% | $1.6B0.0% | $1.6B+0.3% | $1.6B+1.2% | $1.6B |
| Current Assets | $1.1B+5.0% | $1.0B+5.1% | $968.2M-4.6% | $1.0B-0.3% | $1.0B-0.9% | $1.0B0.0% | $1.0B-0.6% | $1.0B |
| Cash & Equivalents | $76.2M+232.0% | $23.0M+110.7% | $10.9M+214.5% | $3.5M+85.3% | $1.9M-52.2% | $3.9M-84.3% | $24.9M-18.3% | $30.5M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $600.7M+0.2% | $599.6M+5.4% | $569.1M-12.9% | $653.1M+17.7% | $554.8M+5.3% | $527.1M+1.0% | $521.9M-4.9% | $548.8M |
| Goodwill | $114.5M-0.8% | $115.5M+2.1% | $113.0M+0.1% | $113.0M-2.1% | $115.4M-0.4% | $115.9M-0.9% | $117.0M+1.1% | $115.7M |
| Total Liabilities | $1.0B+2.4% | $1.0B+3.1% | $973.4M0.0% | $973.7M+2.5% | $949.9M+3.3% | $919.8M-0.8% | $927.5M-0.8% | $935.3M |
| Current Liabilities | $800.9M+4.5% | $766.4M+3.7% | $738.7M-1.4% | $748.9M+0.2% | $747.4M+2.1% | $732.4M-2.0% | $747.2M+0.9% | $740.7M |
| Long-Term Debt | $67.4M-17.4% | $81.6M-1.3% | $82.7M+18.1% | $70.0M+82.1% | $38.4M+22.8% | $31.3M+7.3% | $29.2M-48.9% | $57.1M |
| Total Equity | $617.6M+5.9% | $583.2M+6.3% | $548.7M-8.6% | $600.4M-5.2% | $633.3M-4.6% | $663.7M+1.9% | $651.2M+4.1% | $625.5M |
| Retained Earnings | $466.7M+7.4% | $434.6M+6.5% | $408.1M-10.0% | $453.7M-5.6% | $480.7M-6.0% | $511.1M+3.8% | $492.5M+4.5% | $471.1M |
MYRG Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $95.6M+190.9% | $32.9M-60.5% | $83.3M+294.4% | $21.1M-6.9% | $22.7M+194.9% | $7.7M-82.0% | $42.6M+239.7% | $12.5M |
| Capital Expenditures | $30.2M+42.2% | $21.2M+62.4% | $13.1M+6.2% | $12.3M-39.0% | $20.2M-21.7% | $25.8M+23.1% | $20.9M-5.1% | $22.1M |
| Free Cash Flow | $65.4M+462.1% | $11.6M-83.4% | $70.2M+696.6% | $8.8M+252.2% | $2.5M+113.8% | -$18.1M-183.5% | $21.7M+327.9% | -$9.5M |
| Investing Cash Flow | -$27.9M-41.8% | -$19.7M-80.7% | -$10.9M-4.8% | -$10.4M+44.4% | -$18.7M+21.9% | -$23.9M-23.6% | -$19.3M+9.6% | -$21.4M |
| Financing Cash Flow | -$14.4M-828.4% | -$1.5M+97.6% | -$65.0M-366.8% | -$13.9M-139.0% | -$5.8M-30.9% | -$4.5M+84.8% | -$29.2M-272.8% | $16.9M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $0 | $0-100.0% | $75.0M | $0-100.0% | $14.3M | $0-100.0% | $2.9M | $0 |
MYRG Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 11.8%+0.3pp | 11.5%-0.1pp | 11.6%+1.3pp | 10.4%+5.4pp | 4.9%-5.6pp | 10.6%+0.9pp | 9.7%-0.1pp | 9.8% |
| Operating Margin | 4.9%+0.4pp | 4.4%+0.3pp | 4.1%+0.5pp | 3.6%+6.1pp | -2.5%-5.5pp | 3.0%-0.7pp | 3.7%+0.3pp | 3.4% |
| Net Margin | 3.4%+0.4pp | 2.9%+0.1pp | 2.8%+0.9pp | 1.9%+3.8pp | -1.8%-4.2pp | 2.3%-0.1pp | 2.4%+0.1pp | 2.3% |
| Return on Equity | 5.2%+0.7pp | 4.5%+0.3pp | 4.3%+1.6pp | 2.7% | N/A | 2.9%-0.8pp | 3.7%+0.3pp | 3.4% |
| Return on Assets | 1.9%+0.3pp | 1.7%+0.1pp | 1.5%+0.5pp | 1.0%+2.0pp | -1.0%-2.2pp | 1.2%-0.3pp | 1.5%+0.1pp | 1.4% |
| Current Ratio | 1.330.0 | 1.33+0.0 | 1.31-0.0 | 1.350.0 | 1.36-0.0 | 1.40+0.0 | 1.37-0.0 | 1.39 |
| Debt-to-Equity | 0.11-0.0 | 0.14-0.0 | 0.15+0.0 | 0.12+0.1 | 0.06+0.0 | 0.050.0 | 0.04-0.0 | 0.09 |
| FCF Margin | 6.9%+5.6pp | 1.3%-7.1pp | 8.4%+7.4pp | 1.1%+0.8pp | 0.3%+2.5pp | -2.2%-4.4pp | 2.2%+3.2pp | -1.0% |
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Frequently Asked Questions
What is Myr Group Inc Del's annual revenue?
Myr Group Inc Del (MYRG) reported $3.4B in total revenue for fiscal year 2024. This represents a -7.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Myr Group Inc Del's revenue growing?
Myr Group Inc Del (MYRG) revenue declined by 7.7% year-over-year, from $3.6B to $3.4B in fiscal year 2024.
Is Myr Group Inc Del profitable?
Yes, Myr Group Inc Del (MYRG) reported a net income of $30.3M in fiscal year 2024, with a net profit margin of 0.9%.
What is Myr Group Inc Del's earnings per share (EPS)?
Myr Group Inc Del (MYRG) reported diluted earnings per share of $1.83 for fiscal year 2024. This represents a -66.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Myr Group Inc Del's EBITDA?
Myr Group Inc Del (MYRG) had EBITDA of $119.3M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Myr Group Inc Del have?
As of fiscal year 2024, Myr Group Inc Del (MYRG) had $3.5M in cash and equivalents against $70.0M in long-term debt.
What is Myr Group Inc Del's gross margin?
Myr Group Inc Del (MYRG) had a gross margin of 8.6% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Myr Group Inc Del's operating margin?
Myr Group Inc Del (MYRG) had an operating margin of 1.6% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Myr Group Inc Del's net profit margin?
Myr Group Inc Del (MYRG) had a net profit margin of 0.9% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Myr Group Inc Del's return on equity (ROE)?
Myr Group Inc Del (MYRG) has a return on equity of 5.0% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Myr Group Inc Del's free cash flow?
Myr Group Inc Del (MYRG) generated $11.2M in free cash flow during fiscal year 2024. This represents a 181.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Myr Group Inc Del's operating cash flow?
Myr Group Inc Del (MYRG) generated $87.1M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Myr Group Inc Del's total assets?
Myr Group Inc Del (MYRG) had $1.6B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Myr Group Inc Del's capital expenditures?
Myr Group Inc Del (MYRG) invested $75.9M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
Does Myr Group Inc Del buy back shares?
Yes, Myr Group Inc Del (MYRG) spent $75.0M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Myr Group Inc Del have outstanding?
Myr Group Inc Del (MYRG) had 16M shares outstanding as of fiscal year 2024.
What is Myr Group Inc Del's current ratio?
Myr Group Inc Del (MYRG) had a current ratio of 1.35 as of fiscal year 2024, which is considered adequate.
What is Myr Group Inc Del's debt-to-equity ratio?
Myr Group Inc Del (MYRG) had a debt-to-equity ratio of 0.12 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Myr Group Inc Del's return on assets (ROA)?
Myr Group Inc Del (MYRG) had a return on assets of 1.9% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Myr Group Inc Del's Altman Z-Score?
Myr Group Inc Del (MYRG) has an Altman Z-Score of 5.48, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Myr Group Inc Del's Piotroski F-Score?
Myr Group Inc Del (MYRG) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Myr Group Inc Del's earnings high quality?
Myr Group Inc Del (MYRG) has an earnings quality ratio of 2.88x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Myr Group Inc Del cover its interest payments?
Myr Group Inc Del (MYRG) has an interest coverage ratio of 8.3x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Myr Group Inc Del?
Myr Group Inc Del (MYRG) scores 28 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.