Earnings summaries and quarterly performance for MYR GROUP.
Executive leadership at MYR GROUP.
Richard Swartz
Detailed
President and Chief Executive Officer
CEO
BS
Brian Stern
Detailed
Senior Vice President and Chief Operating Officer – Transmission & Distribution
DE
Don Egan
Detailed
Senior Vice President and Chief Operating Officer – Commercial & Industrial
KH
Kelly Huntington
Detailed
Senior Vice President and Chief Financial Officer
WF
William Fry
Detailed
Senior Vice President, Chief Legal Officer and Secretary
Board of directors at MYR GROUP.
Research analysts who have asked questions during MYR GROUP earnings calls.
BB
Brian Brophy
Stifel Financial Corp
6 questions for MYRG
Also covers: CTOS, ECG, EME +12 more
JH
Justin Hauke
Robert W. Baird & Co.
6 questions for MYRG
Also covers: ABM, BBCP, BWMN +10 more
SJ
Sangita Jain
KeyBanc Capital Markets
6 questions for MYRG
Also covers: ACM, CTRI, DY +10 more
AM
Ati Modak
Goldman Sachs
5 questions for MYRG
Also covers: AESI, AGX, AR +11 more
JB
Jon Braatz
KCCA
5 questions for MYRG
Also covers: APOG, AZZ, HLIO +5 more
BR
Brian Russo
Jefferies
2 questions for MYRG
Also covers: AEE, ALE, AVA +10 more
MS
Manish Somaiya
Cantor
2 questions for MYRG
Also covers: CTRI, ECG, MTZ +4 more
TM
Tim Moore
EF Hutton
2 questions for MYRG
Also covers: AMPS, AMSC, ARQ +12 more
CD
Caitlin Donohue
Goldman Sachs
1 question for MYRG
Also covers: FTI, LBRT
JB
Jonathan Braatz
Oppenheimer & Co. Inc.
1 question for MYRG
Also covers: AZZ, BKE, POWL +3 more
Recent press releases and 8-K filings for MYRG.
MYR Group Reports Record Q4 2025 Financial Results and Increased Backlog
MYRG
Earnings
Guidance Update
New Projects/Investments
- MYR Group reported record net income of $37 million and EBITDA of $64 million for Q4 2025, with diluted EPS at $2.33.
- Total backlog increased 9.6% to $2.8 billion as of December 31, 2025, comprising $1.8 billion for the C&I segment and $1.0 billion for the T&D segment.
- Operating cash flow significantly rose to $115 million and free cash flow to $85 million in Q4 2025, compared to $21 million and $9 million respectively in the prior year.
- The company maintains a strong balance sheet with $150 million in cash and cash equivalents and $408 million in borrowing availability as of December 31, 2025.
- MYR Group anticipates approximately 10% revenue growth for the full year and expects to operate within the mid-point of its T&D and C&I margin profiles, driven by strong activity in data centers and transmission projects.
2 days ago
MYR Group Reports Record Q4 and Full-Year 2025 Financial Results
MYRG
Earnings
New Projects/Investments
Guidance Update
- MYR Group achieved record annual revenues of $3.7 billion and record fourth quarter 2025 revenues of $974 million, representing a 17% increase compared to the same period last year.
- Net income per diluted share for Q4 2025 was a record $2.33, up from $0.99 in Q4 2024, with record Q4 EBITDA of $64 million.
- Total backlog as of December 31, 2025, increased by 9.6% to $2.8 billion, reflecting a healthy bidding environment and continued investment in infrastructure.
- The company anticipates approximately 10% revenue growth for the full year, with Q1 2026 revenue growth expected to trend slightly higher due to an easier comparison.
- MYR Group is prioritizing capital allocation for organic growth and strategic tuck-in acquisitions, seeing a decade of growth opportunities in large transmission projects and data centers.
2 days ago
MYR Group Reports Record Q4 and Full-Year 2025 Financial Results
MYRG
Earnings
New Projects/Investments
Revenue Acceleration/Inflection
- MYR Group reported record annual revenues of $3.7 billion and Q4 2025 revenues of $974 million, alongside record Q4 2025 net income of $37 million and diluted EPS of $2.33.
- The company's total backlog at the end of 2025 reached $2.8 billion, marking a 9.6% increase from the prior year and reflecting a healthy bidding environment.
- Both the Transmission & Distribution (T&D) and Commercial & Industrial (C&I) segments contributed to strong results, with C&I achieving record revenues of $443 million in Q4 2025, partly due to data center projects.
- MYR Group generated $115 million in operating cash flow and $85 million in free cash flow in Q4 2025, driven by improved DSOs and a strong net overbuild position.
- Management expressed optimism about continued growth in core markets, particularly in data centers and electrical infrastructure, and is strategically pursuing new opportunities while focusing on long-term client relationships.
2 days ago
MYR Group Inc. Announces Record Fourth-Quarter and Full Year 2025 Results
MYRG
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
- MYR Group Inc. reported record full-year 2025 revenues of $3.66 billion and record full-year net income of $118.4 million, or $7.53 per diluted share.
- For the fourth quarter of 2025, the company achieved record net income of $36.5 million, or $2.33 per diluted share, on revenues of $973.5 million.
- The company's full-year EBITDA reached a record $232.7 million, with quarterly EBITDA also setting a record at $64.2 million in Q4 2025.
- MYR Group Inc. concluded 2025 with a record backlog of $2.82 billion, representing a 9.6 percent increase from December 31, 2024.
3 days ago
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
Quarterly earnings call transcripts for MYR GROUP.
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