📊 MYRG Key Takeaways
Is MYRG a Good Investment? Thesis Analysis
MYR GROUP demonstrates exceptional fundamental financial health with extraordinary 291% net income growth, strong free cash flow generation ($232.2M), and a fortress balance sheet with minimal leverage (0.09x debt/equity). The company's solid 8.8% revenue growth combined with improving profitability and efficient capital deployment (17.9% ROE) positions it well within its infrastructure-dependent sector, though growth sustainability and cyclical sector exposure warrant monitoring.
Why Buy MYRG? Key Strengths
- Exceptional net income growth (291.3% YoY) indicating significant operational improvement or margin expansion
- Strong free cash flow generation ($232.2M) with healthy 6.3% FCF margin providing financial flexibility
- Conservative capital structure with minimal debt (0.09x debt/equity ratio) and exceptional interest coverage (29.5x) ensuring financial stability
- Efficient capital deployment with solid ROE (17.9%) and ROA (7.2%)
- Substantial cash reserves ($150.2M) supporting strategic initiatives and downturns
MYRG Investment Risks to Consider
- Extremely thin operating margins (4.6%) and net margins (3.2%) typical of construction sector leave minimal error tolerance
- 291% net income growth raises sustainability concerns - may reflect one-time items, project-specific gains, or favorable timing rather than recurring operational improvement
- Sector cyclicality: infrastructure and power line construction exposed to government spending cycles and economic downturns
- High capital intensity relative to free cash flow ($94.4M capex against $232.2M FCF) may constrain future growth investments
Key Metrics to Watch
- Sustainability of net income growth rate in subsequent periods to confirm recurring profitability improvements
- Free cash flow trends and capital expenditure levels relative to revenue growth
- Debt/equity ratio and cash balance to monitor financial flexibility and reinvestment capacity
- Operating margin progression to assess pricing power and cost control within thin-margin business model
MYRG Financial Metrics
💡 AI Analyst Insight
MYR GROUP INC. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
MYRG Profitability Ratios
MYRG vs Industrial Sector
How MYR GROUP INC. compares to Industrial sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is MYRG Overvalued or Undervalued?
Based on fundamental analysis, MYR GROUP INC. has mixed fundamental signals relative to the Industrial sector in 2026.
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.
MYRG Balance Sheet & Liquidity
MYRG 5-Year Financial Trend & Growth Analysis
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 Growth Metrics (YoY)
MYRG Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| 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 |
| Q2 2023 | $708.1M | $19.7M | $1.15 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
MYRG Capital Allocation
MYRG SEC 10-K & 10-Q Filing Analysis
Access official SEC EDGAR filings for MYR GROUP INC. (CIK: 0000700923)
📋 Recent SEC Filings
| Date | Form | Document | Action |
|---|---|---|---|
| Mar 24, 2026 | 4 | xslF345X06/marketforms-72620.xml | View → |
| Mar 24, 2026 | 4 | xslF345X06/marketforms-72619.xml | View → |
| Mar 24, 2026 | 4 | xslF345X06/marketforms-72618.xml | View → |
| Mar 24, 2026 | 4 | xslF345X06/marketforms-72616.xml | View → |
| Mar 24, 2026 | 4 | xslF345X06/marketforms-72615.xml | View → |
❓ Frequently Asked Questions about MYRG
What is the AI rating for MYRG?
MYR GROUP INC. (MYRG) has an AI rating of BUY with 78% confidence, based on fundamental analysis of SEC EDGAR filings.
What are MYRG's key strengths?
Claude: Exceptional net income growth (291.3% YoY) indicating significant operational improvement or margin expansion. Strong free cash flow generation ($232.2M) with healthy 6.3% FCF margin providing financial flexibility.
What are the risks of investing in MYRG?
Claude: Extremely thin operating margins (4.6%) and net margins (3.2%) typical of construction sector leave minimal error tolerance. 291% net income growth raises sustainability concerns - may reflect one-time items, project-specific gains, or favorable timing rather than recurring operational improvement.
What is MYRG's revenue and growth?
MYR GROUP INC. reported revenue of $3.7B.
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 $7.53.
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 rating reflects both perspectives for balanced insights.
Is MYRG a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, MYR GROUP INC. has a BUY rating with 78% 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 17.9% (sector avg: 15%), net margin of 3.2% (sector avg: 10%). Higher ROE suggests strong returns relative to peers.
Should I buy MYRG stock in 2026?
Our dual AI analysis gives MYR GROUP INC. a combined BUY rating 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 $326.6M, with capital expenditures of $94.4M. FCF margin is 6.3%.
How does MYRG compare to other Industrial stocks?
Vs Industrial sector averages: Net margin 3.2% (avg: 10%), ROE 17.9% (avg: 15%), current ratio 1.33 (avg: 1.8).