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Myr Group Inc.. (MYRG) Fundamental Analysis & AI Grade 2026

MYRG Nasdaq Water, Sewer, Pipeline, Comm & Power Line Construction DE CIK: 0000700923
Updated This Month • Analysis: May 6, 2026 • SEC Data: 2026-03-31
Combined AI Grade
A
76% Confidence
STRONG AGREEMENT
A
72% Conf
A
80% Conf

📊 MYRG Key Takeaways

Revenue: $1.0B
Net Margin: 4.7%
Free Cash Flow: $68.6M
Current Ratio: 1.31x
Debt/Equity: 0.01x
EPS: $2.99
AI Grade: A with 72% confidence
Myr Group Inc.. (MYRG) receives a A fundamental grade with 76% confidence from our AI analysis based on SEC 10-K filings. With revenue of $1.0B, net profit margin of 4.7%, and return on equity (ROE) of 6.7%, Myr Group Inc.. demonstrates strong fundamentals in the Industrial sector. Below is our complete MYRG stock analysis for 2026.

Is Myr Group Inc.. (MYRG) a Good Investment?

Claude

MYRG demonstrates exceptional earnings growth (291% NI, 311% EPS) with a fortress balance sheet (0.01x debt/equity, $163M cash) and robust free cash flow ($68.6M). However, thin margins (4.7% net) and modest revenue growth (8.8%) raise sustainability concerns; the dramatic earnings expansion appears driven by operational leverage and margin improvement rather than top-line growth.

ChatGPT

Solid revenue growth and sharp profitability improvement are translating into strong free cash flow and double‑digit ROE. The balance sheet is conservative with minimal leverage and ample interest coverage, supporting resilience and reinvestment. While margins remain thin for a contractor, recent cash conversion suggests improving execution.

Myr Group Inc.. Key Strengths (MYRG)

Claude
  • + Extraordinary earnings growth (291.3% NI, 311.5% EPS) suggesting significant operational leverage and margin expansion
  • + Fortress balance sheet with minimal debt ($9.4M long-term), strong cash position ($163.2M), and exceptional interest coverage (98.2x)
  • + Strong free cash flow generation ($68.6M absolute, 6.9% FCF margin) with low capex requirements ($16.1M)
  • + Fortress liquidity position (1.31x current ratio, 1.31x quick ratio) providing financial flexibility
ChatGPT
  • + Strong free cash flow and cash conversion (6.3% FCF margin)
  • + Low leverage with high interest coverage (29.5x)
  • + Improving profitability and returns (ROE 17.9%, net income up)

MYRG Stock Risks: Myr Group Inc.. Investment Risks

Claude
  • ! Thin operating margins (4.7% net, 6.5% operating) typical of construction sector—vulnerable to input cost inflation and project delays
  • ! Earnings growth decoupling from revenue growth (291% earnings growth on 8.8% revenue growth) raises sustainability questions; may be driven by one-time gains or accounting adjustments
  • ! Construction/infrastructure sector cyclicality and dependency on government policy, budget appropriations, and infrastructure spending trends
  • ! Modest 8.8% YoY revenue growth may be insufficient to sustain current earnings momentum
ChatGPT
  • ! Thin margins leave limited buffer for project overruns or cost inflation
  • ! Working capital and cash flow can be volatile due to contract timing
  • ! Exposure to utility/infrastructure spending cycles and competitive bidding pressure

Key Metrics to Watch

Claude
  • * Gross margin stability (currently 13.4%) and ability to offset input cost inflation
  • * Revenue growth trajectory—need acceleration to double-digits to justify earnings growth sustainability
  • * Operating cash flow and free cash flow generation consistency across quarters
  • * Backlog/order book trends and future revenue visibility in construction pipeline
  • * Return on equity improvement path (currently 6.7%) and capital efficiency
ChatGPT
  • * Operating margin
  • * Operating cash flow to net income

Myr Group Inc.. (MYRG) Financial Metrics & Key Ratios

Revenue
$1.0B
Net Income
$46.8M
EPS (Diluted)
$2.99
Free Cash Flow
$68.6M
Total Assets
$1.7B
Cash Position
$163.2M

💡 AI Analyst Insight

Myr Group Inc.. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

MYRG Profit Margin, ROE & Profitability Analysis

Gross Margin 13.4%
Operating Margin 6.5%
Net Margin 4.7%
ROE 6.7%
ROA 2.8%
FCF Margin 6.9%

MYRG vs Industrial Sector: How Myr Group Inc.. Compares

How Myr Group Inc.. compares to Industrial sector averages

Net Margin
MYRG 4.7%
vs
Sector Avg 10.0%
MYRG Sector
ROE
MYRG 6.7%
vs
Sector Avg 15.0%
MYRG Sector
Current Ratio
MYRG 1.3x
vs
Sector Avg 1.8x
MYRG Sector
Debt/Equity
MYRG 0.0x
vs
Sector Avg 0.7x
MYRG Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Myr Group Inc.. Stock Overvalued? MYRG Valuation Analysis 2026

Based on fundamental analysis, Myr Group Inc.. has mixed fundamental signals relative to the Industrial sector in 2026.

Return on Equity
6.7%
Sector avg: 15%
Net Profit Margin
4.7%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.01x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Myr Group Inc.. Balance Sheet: MYRG Debt, Cash & Liquidity

Current Ratio
1.31x
Quick Ratio
1.31x
Debt/Equity
0.01x
Debt/Assets
58.0%
Interest Coverage
98.21x
Long-term Debt
$9.4M

MYRG Revenue & Earnings Growth: 5-Year Financial Trend

MYRG 5-year financial data: Year 2021: Revenue $2.5B, Net Income $37.7M, EPS $2.26. Year 2022: Revenue $3.0B, Net Income $58.8M, EPS $3.48. Year 2023: Revenue $3.6B, Net Income $85.0M, EPS $4.95. Year 2024: Revenue $3.6B, Net Income $83.4M, EPS $4.91. Year 2025: Revenue $3.7B, Net Income $91.0M, EPS $5.40.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Myr Group Inc..'s revenue has grown significantly by 46% over the 5-year period, indicating strong business expansion. The most recent EPS of $5.40 reflects profitable operations.

MYRG Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
6.9%
Free cash flow / Revenue

MYRG Quarterly Earnings & Performance

Quarterly financial performance data for Myr Group Inc.. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $833.6M $23.3M $1.45
Q3 2025 $888.0M $10.6M $0.65
Q2 2025 $828.9M $3.7M $0.22
Q1 2025 $815.6M $18.9M $1.12
Q3 2024 $888.0M $10.6M $0.65
Q2 2024 $828.9M $3.7M $0.22
Q1 2024 $811.6M $18.9M $1.12
Q3 2023 $799.8M $18.4M $1.09

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Myr Group Inc.. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$84.7M
Cash generated from operations
Capital Expenditures
$16.1M
Investment in assets
Dividends
None
No dividend program

MYRG SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Myr Group Inc.. (CIK: 0000700923)

📋 Recent SEC Filings

Date Form Document Action
May 27, 2026 8-K myrg-20260527.htm View →
May 14, 2026 8-K myrg-20260514.htm View →
Apr 29, 2026 10-Q myrg-20260331.htm View →
Apr 29, 2026 8-K myrg-20260429.htm View →
Apr 29, 2026 4 xslF345X06/marketforms-73020.xml View →

Frequently Asked Questions about MYRG

What is the AI rating for MYRG?

Myr Group Inc.. (MYRG) has a Combined AI Grade of A from Claude (A) and ChatGPT (A) with 76% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are MYRG's key strengths?

Claude: Extraordinary earnings growth (291.3% NI, 311.5% EPS) suggesting significant operational leverage and margin expansion. Fortress balance sheet with minimal debt ($9.4M long-term), strong cash position ($163.2M), and exceptional interest coverage (98.2x). ChatGPT: Strong free cash flow and cash conversion (6.3% FCF margin). Low leverage with high interest coverage (29.5x).

What are the risks of investing in MYRG?

Claude: Thin operating margins (4.7% net, 6.5% operating) typical of construction sector—vulnerable to input cost inflation and project delays. Earnings growth decoupling from revenue growth (291% earnings growth on 8.8% revenue growth) raises sustainability questions; may be driven by one-time gains or accounting adjustments. ChatGPT: Thin margins leave limited buffer for project overruns or cost inflation. Working capital and cash flow can be volatile due to contract timing.

What is MYRG's revenue and growth?

Myr Group Inc.. reported revenue of $1.0B.

Does MYRG pay dividends?

Myr Group Inc.. does not currently pay dividends.

Where can I find MYRG SEC filings?

Official SEC filings for Myr Group Inc.. (CIK: 0000700923) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is MYRG's EPS?

Myr Group Inc.. has a diluted EPS of $2.99.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is MYRG's fundamental grade?

Based on our AI fundamental analysis in May 2026, Myr Group Inc.. has a A grade with 76% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is MYRG stock overvalued or undervalued?

Valuation metrics for MYRG: ROE of 6.7% (sector avg: 15%), net margin of 4.7% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

What is MYRG's AI grade for 2026?

Our dual AI analysis gives Myr Group Inc.. a combined A grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is MYRG's free cash flow?

Myr Group Inc..'s operating cash flow is $84.7M, with capital expenditures of $16.1M. FCF margin is 6.9%.

How does MYRG compare to other Industrial stocks?

Vs Industrial sector averages: Net margin 4.7% (avg: 10%), ROE 6.7% (avg: 15%), current ratio 1.31 (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 6, 2026 | Data as of: 2026-03-31 | Powered by Claude AI