MYRG on Nasdaq

MYR GROUP INC.

We are a holding company of specialty electrical construction service providers that was established in 1995 through the merger of long-standing specialty contractors.3 From its latest annual report

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Last updated Oct 19, 2026.

Overview

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  • TickerMYRG on Nasdaq1
  • IndustryWater, Sewer, Pipeline, Comm & Power Line Construction1
  • HeadquartersThornton, Colorado1
  • Incorporated inDE2
  • Business address12121 Grant Street, Suite 610, Thornton, Co 802412
  • Filer categoryLarge accelerated filer2

We are a holding company of specialty electrical construction service providers that was established in 1995 through the merger of long-standing specialty contractors. Through our subsidiaries, we serve the electric utility infrastructure, commercial and industrial construction markets. Our operations are currently conducted through wholly-owned subsidiaries. We primarily provide electrical construction services through a network of local offices located throughout the United States and Canada. We provide a broad range of services, including design, engineering, procurement, construction, upgrade, maintenance and repair services, with a particular focus on construction, maintenance and repair.3 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

11.6%Gross margin4
4.6%Operating margin4
3.2%Net margin4
8.8%Revenue growth, 20254
17.9%Return on equity4
0.08×Debt to equity4
$232.2MFree cash flow4

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Transmission And Distribution brought in 55% of the revenue MYR GROUP INC. broke down this way in fiscal 2025.

  1. Transmission And Distribution$2.0B455%up 6% from 2024
  2. Commercial and Industrial$1.7B445%up 12% from 2024
Business segments by year
Business segments202320242025
Transmission And Distribution$2.1B$1.9B$2.0B
Commercial and Industrial$1.6B$1.5B$1.7B

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue88¢$3.2B
  • Selling, general and admin7¢$256.4M
  • Interest0¢$5.6M
  • Income tax1¢$42.9M
  • Profit3¢$118.4M

Out of $3.7B in revenue.4

Where each dollar of operating cash went, fiscal 2025

  • Capital spending29¢$94.4M
  • Share buybacks23¢$75.0M
  • Kept or used elsewhere48¢$157.2M

Out of $326.6M of cash from operations.4

Financial statements

Revenue56784$3.7B in 2025+77% since 2019
0$1.0B$2.0B$3.0B$4.0B2019: $2.1B$2.1B20192020: $2.2B$2.2B2020+9%2021: $2.5B$2.5B2021+11%2022: $3.0B$3.0B2022+20%2023: $3.6B$3.6B2023+21%2024: $3.4B$3.4B2024−8%2025: $3.7B$3.7B2025+9%
Gross profit56784$423.8M in 2025+98% since 2019
0$200.0M$400.0M$600.0M2019: $214.2M$214.2M20192020: $275.9M$275.9M2020+29%2021: $325.0M$325.0M2021+18%2022: $344.0M$344.0M2022+6%2023: $364.4M$364.4M2023+6%2024: $290.3M$290.3M2024−20%2025: $423.8M$423.8M2025+46%
Operating income56784$166.9M in 2025+192% since 2019
0$50.0M$100.0M$150.0M$200.0M2019: $57.2M$57.2M20192020: $86.5M$86.5M2020+51%2021: $118.6M$118.6M2021+37%2022: $114.9M$114.9M2022−3%2023: $129.1M$129.1M2023+12%2024: $54.1M$54.1M2024−58%2025: $166.9M$166.9M2025+209%
Net income56784$118.4M in 2025+214% since 2019
0$50.0M$100.0M$150.0M2019: $37.7M$37.7M20192020: $58.8M$58.8M2020+56%2021: $85.0M$85.0M2021+45%2022: $83.4M$83.4M2022−2%2023: $91.0M$91.0M2023+9%2024: $30.3M$30.3M2024−67%2025: $118.4M$118.4M2025+291%

Every line of the income statement as filed: the last 3 fiscal years, latest first.4

Period ending2025-12-312024-12-312023-12-31
Contract revenues$3.7B$3.4B$3.6B
Contract costs$3.2B$3.1B$3.3B
Gross profit$423.8M$290.3M$364.4M
Selling, general and administrative expenses$256.4M$238.2M$234.6M
Amortization of intangible assets$4.8M$4.9M$4.9M
Gain on sale of property and equipment-$4.3M-$6.9M-$4.2M
Income from operations$166.9M$54.1M$129.1M
Interest income$723.0K$415.0K$888.0K
Interest expense-$5.6M-$6.5M-$4.9M
Other expense, net-$663.0K-$1.5M-$38.0K
Income before provision for income taxes$161.3M$46.5M$125.0M
Income tax expense$42.9M$16.2M$34.0M
Net income$118.4M$30.3M$91.0M
Basic (in dollars per share)$7.57$1.84$5.45
Diluted (in dollars per share)$7.53$1.83$5.40
Basic (in shares)15.6M shares16.5M shares16.7M shares
Diluted (in shares)15.7M shares16.5M shares16.8M shares
Foreign currency translation adjustment$4.5M-$8.8M$2.4M
Other comprehensive income (loss)$4.5M-$8.8M$2.4M
Total comprehensive income$122.9M$21.5M$93.4M

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Leadership

Who has led MYR GROUP INC., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (25)

Former names

  • MYR GROUP INCNov 5, 1996 to Jan 9, 20092
  • MYERS L E CO GROUPOct 24, 1995 to Mar 25, 19962

Timeline

  1. Mar 9, 2017New chief executive Richard S. Swartz Jr. becomes CEO12
  2. Aug 11, 2008New chief executive William A. Koertner becomes CEO13

Filings

260 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 61 major events, 136 insider forms, 21 large holders, 22 other. The latest 20:

  1. Sep 10, 20268-K EDGAR
  2. Sep 4, 20264 PRIMARY DOCUMENT EDGAR
  3. Aug 7, 20268-K EDGAR
  4. Jul 31, 2026SCHEDULE 13G EDGAR
  5. Jul 29, 202610-Q EDGAR
  6. Jul 29, 20268-K EDGAR
  7. Jun 4, 20264 PRIMARY DOCUMENT EDGAR
  8. Jun 4, 20264 PRIMARY DOCUMENT EDGAR
  9. Jun 2, 2026144 EDGAR
  10. Jun 2, 2026144 EDGAR
  11. Jun 2, 20264 PRIMARY DOCUMENT EDGAR
  12. Jun 2, 20264 PRIMARY DOCUMENT EDGAR
  13. Jun 1, 2026144 EDGAR
  14. Jun 1, 2026144 EDGAR
  15. May 28, 20268-K EDGAR
  16. May 27, 20268-K EDGAR
  17. May 15, 2026SCHEDULE 13G/A EDGAR
  18. May 14, 20268-K EDGAR
  19. Apr 30, 2026SCHEDULE 13G EDGAR
  20. Apr 29, 20264 PRIMARY DOCUMENT EDGAR

The 260 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

38 open-market trades by officers, directors and large owners since October 2021: 4 buys and 34 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jun 3, 2026LUCKY DONALD C.I.DirectorSale14,675$449.52$6.6MForm 4
Jun 3, 2026Hartwick Kenneth MichaelDirectorSale3,500$450.50$1.6MForm 4
Jun 1, 2026Huntington Kelly MichelleSenior VP and CFOSale2,000$457.66$915.3KForm 4
Jun 1, 2026O'Connor ShirinDirectorSale3,159$447.19$1.4MForm 4
Nov 4, 2025Egan Don A.SVP and COO C&ISale2,900$233.40$676.9KForm 4
Mar 4, 2025Favreau Bradley ThedeDirectorBuy835$119.60$99.9KForm 4
Sep 9, 2024Huntington Kelly MichelleSenior VP and CFOBuy500$88.64$44.3KForm 4
Aug 27, 2024Favreau Bradley ThedeDirectorBuy1,005$99.70$100.2KForm 4
Aug 9, 2024Huntington Kelly MichelleSenior VP and CFOBuy2,000$99.51$199.0KForm 4
Aug 23, 2023Swartz Richard S. Jr.President and CEOSale18,000$143.21$2.6MForm 4
Aug 15, 2023FRY WILLIAMSVP, CLO and SecretarySale3,500$145.05$507.7KForm 4
Mar 28, 2023Swartz Richard S. Jr.President and CEOSale18,110$118.91$2.2MForm 4
Mar 28, 2023MOORE MAURICE E.DirectorSale996$120.00$119.5KForm 4
Mar 27, 2023Swartz Richard S. Jr.President and CEOSale9,890$119.09$1.2MForm 4
Mar 27, 2023MOORE MAURICE E.DirectorSale9,004$119.21$1.1MForm 4
Mar 27, 2023WYNN BETTY R.Senior VPSale2,787$119.09$331.9KForm 4
Mar 7, 2023Lowry Jennifer ElaineDirectorSale2,000$121.79$243.6KForm 4
Mar 7, 2023Waneka Jeffrey J.SVP and COO C&ISale12,000$121.00$1.5MForm 4
Feb 28, 2023FRY WILLIAMSVP, CLO and SecretarySale14,400$122.44$1.8MForm 4
Feb 27, 2023WYNN BETTY R.Senior VPSale12,960$119.05$1.5MForm 4

All 38 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.2,462,617$1.2B0.0%+49,451
Vanguard Portfolio Management LLC831,902$416.3M0.0%+322,246
Vanguard Capital Management LLC689,324$344.9M0.0%+2,820
State Street Corp625,221$312.9M0.0%+29,510
Geode Capital Management, LLC564,958$282.7M0.0%+131,125
Fisher Asset Management, LLC474,309$237.3M0.1%−46,837
Dimensional Fund Advisors LP340,742$170.5M0.0%−35,433
Massachusetts Financial Services Co /ma/323,186$161.7M0.1%+49,819
American Century Companies Inc322,612$161.4M0.1%+122,593
Wellington Management Group Llp318,333$159.3M0.0%−325,995
First Trust Advisors LP293,826$147.0M0.1%+90,094
Fuller & Thaler Asset Management, Inc.286,686$143.5M0.4%New
Invesco Ltd.283,703$142.0M0.0%+19,780
Nomura Asset Management International Inc.281,264$140.7M0.2%−89,976
Goldman Sachs Group Inc252,778$126.5M0.0%−49,774
Morgan Stanley226,244$113.2M0.0%+18,122
Charles Schwab Investment Management Inc209,643$104.9M0.0%−6,778
Ameriprise Financial Inc180,928$90.5M0.0%+75,833
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC179,485$89.8M0.0%−2,580
Northern Trust Corp173,763$87.0M0.0%−3,621
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.169,132$84.6M0.1%+12,672
Capital World Investors158,392$79.3M0.0%−60,783
Westwood Holdings Group Inc157,134$78.6M0.6%−51,478
Hawk Ridge Capital Management LP156,745$78.4M2.6%+26,800
Arrowstreet Capital, Limited Partnership141,442$70.8M0.0%+40,370

13F reports cover disclosed long positions in U.S. stocks only.

Sources

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