MYRG's revenue has re-accelerated from roughly $829.8M in 2024Q4 to about $1.3B in 2026Q3, and operating margin has swung from -2.5% in 2024Q2 to 6.8% in 2026Q3, suggesting operating leverage is emerging through backlog conversion.
Price trend, volume and key moving averages
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Revenue climbed to about $1.3B in 2026Q3 with gross margin of 13.6% and operating margin of 6.8%, though these levels appear to be a cyclical recovery from negative operating margins as recently as 2024Q2.
MYR Group is an industry leader with over 130 years of experience, delivering large and complex electrical transmission and infrastructure projects.
The company announced its first-quarter 2026 financial results, indicating ongoing financial stability and growth potential.
Some analysts project MYR Group to reach $5.1 billion in revenue and $209.0 million in earnings by 2029, far exceeding consensus estimates.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 28, 2026 | $3.82+28.6% vs $2.97 | $1.3B+8.5% vs $1.2B |
Q3 2026 Jul 29, 2026 | $3.17+21.0% vs $2.62 | $1.1B+8.6% vs $996M |
Q2 2026 Apr 29, 2026 | $2.99+43.1% vs $2.09 | $1.0B+7.3% vs $932M |
Q1 2026 Feb 25, 2026 | $2.33+34.7% vs $1.73 | $974M+8.4% vs $898M |
MYRG targets 15%-18% revenue growth in 2027, backed by acquisitions, strong C&I margins and rising transmission opportunities amid a growing project backlog.
THORNTON, Colo., Nov. 02, 2026 (GLOBE NEWSWIRE) -- MYR Group Inc. (“MYR Group”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and Canada, announced it will attend the UBS Global Industrials and Transportation investor conference.
MYR Group Inc. ( MYRG ) Q3 2026 Earnings Call October 29, 2026 10:00 AM EDT Company Participants Jennifer Harper - VP of Investor Relations & Treasurer Richard Swartz - President, CEO & Director Kelly Huntington - Senior VP & CFO Brian Stern - Senior VP & COO of Transmission & Distribution Don Egan - Senior VP and COO of Commercial & Industrial Conference Call Participants Caitlin Donohue - Goldman Sachs Group, Inc., Research Division Sangita Jain - KeyBanc Capital Markets Inc., Research Division Justin Hauke - Robert W. Baird & Co. Incorporated, Research Division Manish Somaiya - Cantor Fitzgerald & Co., Research Division Brent Thielman - Oppenheimer & Co. Inc., Research Division Brian Russo - Jefferies LLC, Research Division Brian Brophy - Stifel, Nicolaus & Company, Incorporated, Research Division Presentation Operator Good morning, everyone, and welcome to the MYR Group Third Quarter 2026 Earnings Results Conference Call.
MYR Group NASDAQ: MYRG reported record third-quarter revenue, net income, EBITDA and backlog for 2026, citing higher activity across its Commercial & Industrial and Transmission & Distribution businesses, contributions from the Valley Electric and Comet Electric acquisitions, and improved project productivity.
Benchmark MYRG against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for MYR Group Inc. (MYRG)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $262.91 | $4.09B | 34.92 | 8.79% | 3.24% | 18.78% | — | |
| $540.90 | $81.17B | 79.54 | 19.76% | 4.54% | 17.58% | 0.07% | |
| $65.40 | $3.55B | 13.03 | 18.97% | 1.92% | 8.46% | 0.48% | |
| $66.22 | $1B | 18.97 | 20.46% | 8.8% | 20.92% | — | |
| $9.64 | $271.16M | -9.09 | 5.64% | -0.3% | -1.86% | — | |
| $17.00 | $1.14B | 15.74 | 16.47% | 8.27% | 14.83% | — |
MYR Group Inc. (MYRG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
MYR Group Inc. (MYRG) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 28, 2026·SEC
Aug 7, 2026·SEC
Jul 29, 2026·SEC
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MYR Group Inc. (MYRG) stock FAQ — growth, dividends, profitability & financials explained
MYR Group Inc. (MYRG) reported $4.31B in revenue over the trailing twelve months. Revenue was $3.66B in fiscal year 2025. That is 6017% more than the $59.8M of fiscal year 1989.
MYR Group Inc. (MYRG) grew revenue by 8.8% in fiscal year 2025, compared with the prior fiscal year.
Yes. MYR Group Inc. (MYRG) earned $193.2M in net income over the trailing twelve months (a 4.5% net margin).
MYR Group Inc. (MYRG) had a return on equity (ROE) of 18.8% in fiscal year 2025. That is above the market's typical 10-15%.
MYR Group Inc. (MYRG) generated $137.1M in free cash flow over the trailing twelve months.
