MYR Group, Inc.
225.48+7.18 (+3.29%)
Oct 29, 4:00:01 PM EDT · NasdaqGS · MYRG · USD
Key Stats
Market Cap
3.50BP/E (TTM)
47.37Basic EPS (TTM)
4.76Dividend Yield
0%Recent Filings
8-K
10-Q
8-K
MYR appoints new board director
MYR Group Inc. appointed Aurelie P. Richard to its Board of Directors on August 26, 2025, filling a vacancy from William D. Patterson's April retirement; she also joins the Audit Committee until the 2026 annual meeting. Richard brings over 30 years in finance and management, including her current role as Chief Financial and Strategy Officer at S&C Electric Company, bolstering expertise in energy management and electrical systems. This addition sharpens oversight for MYR's growth in transmission and distribution projects. Forward-looking statements highlight strategic advancement amid inherent business risks.
8-K
MYR Q2 results strong
MYR Group Inc. released its Q2 2025 investor presentation on August 8, 2025, highlighting robust quarterly revenue of $900.3 million, up from prior year, with net income hitting $26.5 million or $1.70 per diluted share. The company boasts a $2.64 billion backlog and LTM revenue of $3.45 billion, fueled by strong demand in transmission & distribution and commercial & industrial segments amid data center and clean energy booms. Backlog drives future growth. Yet, execution risks persist in complex projects.
8-K
Strong Q2 results, new buyback
MYR Group Inc. reported Q2 2025 revenues of $900.3 million, up from $828.9 million last year, with net income swinging to $26.5 million from a $15.3 million loss, driven by improved gross margins of 11.5% versus 4.9%. Backlog hit $2.64 billion, signaling robust demand in transmission and distribution work. The board greenlit a fresh $75 million share repurchase program, expiring February 4, 2026, funded by cash and credit, replacing an exhausted prior one. Repurchases hinge on market conditions.
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