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MYR GROUP (MYRG)

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Earnings summaries and quarterly performance for MYR GROUP.

Recent press releases and 8-K filings for MYRG.

MYR Group Inc. Reports Q3 2025 Results and Provides Investor Presentation
MYRG
Earnings
Share Buyback
New Projects/Investments
  • MYR Group Inc. reported Q3 2025 revenue of $950.4 million, net income of $32.1 million, and diluted earnings per share of $2.05.
  • As of September 30, 2025, the company's total backlog stood at $2.66 billion.
  • For the last twelve months (LTM) ended September 30, 2025, MYR Group Inc. achieved total revenue of $3.51 billion, net income of $97.8 million, diluted EPS of $6.19, and EBITDA of $214.0 million.
  • The company maintains a strong balance sheet with $400 million in availability under its $490 million credit facility and a debt to LTM EBITDA leverage of 0.34x.
  • MYR Group Inc. authorized a new $75.0 million share repurchase program on July 30, 2025, with no shares repurchased under this plan as of September 30, 2025.
Nov 10, 2025, 9:03 PM
MYR Group Reports Record Q3 2025 Financial Results and Projects 10% Revenue Growth for 2026
MYRG
Earnings
Guidance Update
Revenue Acceleration/Inflection
  • MYR Group reported strong Q3 2025 results, with revenues of $950 million , a record net income of $32 million , and record diluted EPS of $2.05.
  • The company achieved record EBITDA of $63 million and record operating cash flow of $96 million for the third quarter of 2025.
  • Total backlog as of September 30, 2025, was $2.66 billion. Management projects 10% overall revenue growth for 2026, equally distributed between the C&I and T&D segments.
  • The C&I segment's margin profile is expected to increase to a 5% to 7.5% range for 2026, while the T&D segment's margin profile is anticipated to remain in the 7% to 10.5% range.
Oct 30, 2025, 2:00 PM
MYR Group Reports Record Q3 2025 Results and Provides 2026 Revenue Growth Outlook
MYRG
Earnings
Guidance Update
Revenue Acceleration/Inflection
  • MYR Group reported record Q3 2025 net income of $32 million and diluted earnings per share of $2.05, representing a 215% increase from the prior year.
  • Total revenues for Q3 2025 grew 7% to $950 million, with C&I revenues increasing 10% to $447 million and T&D revenues increasing 4% to $503 million.
  • The company achieved record Q3 2025 EBITDA of $63 million and record operating cash flow of $96 million.
  • Total backlog as of September 30, 2025, increased 2.5% year-over-year to $2.66 billion.
  • For 2026, MYR Group forecasts 10% company-wide revenue growth and has raised its C&I operating income margin guidance to 5% to 7.5%.
Oct 30, 2025, 2:00 PM
MYR Group Reports Record Q3 2025 Results and Provides 2026 Revenue Growth Outlook
MYRG
Earnings
Guidance Update
New Projects/Investments
  • MYR Group reported record financial results for Q3 2025, with revenues of $950 million, an increase of 7% compared to the same period last year, and net income of $32 million, up from $11 million in Q3 2024, resulting in diluted earnings per share of $2.05.
  • The company achieved significant margin expansion, with gross margin increasing to 11.8% in Q3 2025 from 8.7% in the prior year, primarily due to improved productivity, favorable change orders, and job closeouts.
  • MYR Group projects approximately 10% overall revenue growth for 2026, with expectations for both the Commercial and Industrial (C&I) and Transmission and Distribution (T&D) segments. The C&I margin profile is expected to increase to a range of 5%-7.5% for 2026.
  • The total backlog as of September 30, 2025, stood at $2.66 billion, a 2.5% increase year-over-year, driven by continued strong market conditions and opportunities in electrical infrastructure investments.
Oct 30, 2025, 2:00 PM
MYR Group Inc. Announces Strong Third Quarter and First Nine Months 2025 Results
MYRG
Earnings
Revenue Acceleration/Inflection
Share Buyback
  • MYR Group Inc. reported record quarterly net income of $32.1 million, or $2.05 per diluted share, on revenues of $950.4 million for the third quarter of 2025.
  • Consolidated gross profit for Q3 2025 increased to $111.9 million, with the gross margin improving to 11.8 percent from 8.7 percent in Q3 2024.
  • The company's backlog was $2.66 billion as of September 30, 2025, representing a 2.5 percent increase from September 30, 2024.
  • For the first nine months of 2025, net income reached $81.9 million, or $5.20 per diluted share.
Oct 29, 2025, 8:06 PM
MYR Group Inc. Announces Third-Quarter and First Nine-Months 2025 Results
MYRG
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
  • MYR Group Inc. reported record quarterly net income of $32.1 million, or $2.05 per diluted share, for the third quarter of 2025.
  • Quarterly revenues for Q3 2025 reached $950.4 million, contributing to $2.68 billion in revenues for the first nine months of 2025.
  • The company achieved record quarterly EBITDA of $62.7 million in Q3 2025.
  • As of September 30, 2025, the backlog stood at $2.66 billion, increasing 2.5 percent from September 30, 2024.
Oct 29, 2025, 8:04 PM