MYR Group Inc. (MYRG) Financial Ratios
37 years of historical data (1989–2025) · Industrials · Engineering & Construction
EV/EBITDA
↑
30.70
↑+120% vs avg
5yr avg: 13.98
30Y Low3.8·High21.6
P/FCF
↓
30.50
↓-56% vs avg
5yr avg: 68.60
30Y Low7.8·High77.0
P/B Ratio
↑
10.83
↑+178% vs avg
5yr avg: 3.90
30Y Low1.3·High5.2
ROE
↑
18.8%
↓+30% vs avg
5yr avg: 14.4%
30Y Low-4%·High32%
Debt/EBITDA
↑
0.45
↓-7% vs avg
5yr avg: 0.49
30Y Low0.2·High14.9
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
MYRG Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
MYR Group Inc. trades at 60.4x earnings, 69% above its 5-year average of 35.6x, sitting at the 94th percentile of its historical range. Compared to the Industrials sector median P/E of 25.9x, the stock trades at a premium of 133%. On a free-cash-flow basis, the stock trades at 30.5x P/FCF, 56% below the 5-year average of 68.6x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $7.1B | $3.4B | $2.5B | $2.4B | $1.6B | $1.9B | $1.0B | $544M | $467M | $589M | $658M |
| Enterprise Value | $7.0B | $3.4B | $2.6B | $2.5B | $1.6B | $1.8B | $1.0B | $722M | $552M | $667M | $698M |
| P/E Ratio → | 60.40 | 29.02 | 81.30 | 26.78 | 18.75 | 22.33 | 17.27 | 14.42 | 15.06 | 27.91 | 30.63 |
| P/S Ratio | 1.94 | 0.94 | 0.73 | 0.67 | 0.52 | 0.76 | 0.45 | 0.26 | 0.31 | 0.42 | 0.58 |
| P/B Ratio | 10.83 | 5.20 | 4.10 | 3.74 | 2.79 | 3.65 | 2.36 | 1.49 | 1.44 | 2.05 | 2.50 |
| P/FCF | 30.50 | 14.80 | 219.97 | — | 17.29 | 22.35 | 7.76 | 76.97 | 13.71 | — | 22.59 |
| P/OCF | 21.68 | 10.52 | 28.22 | 34.29 | 9.33 | 13.82 | 5.79 | 8.39 | 5.51 | — | 12.07 |
P/E links to full P/E history page with 30-year chart
MYRG EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
MYR Group Inc.'s enterprise value stands at 30.7x EBITDA, 120% above its 5-year average of 14.0x. The Industrials sector median is 13.9x, placing the stock at a 121% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.93 | 0.77 | 0.68 | 0.53 | 0.74 | 0.46 | 0.35 | 0.36 | 0.48 | 0.61 |
| EV / EBITDA | 30.70 | 14.80 | 21.59 | 13.20 | 9.17 | 11.17 | 7.85 | 7.10 | 6.12 | 9.79 | 8.96 |
| EV / EBIT | 43.26 | 20.85 | 48.57 | 19.11 | 13.47 | 15.58 | 12.15 | 12.74 | 11.88 | 24.47 | 18.66 |
| EV / FCF | — | 14.60 | 230.39 | — | 17.55 | 21.69 | 7.98 | 102.14 | 16.20 | — | 23.97 |
MYRG Profitability
Margins and return-on-capital ratios measuring operating efficiency
MYR Group Inc. earns an operating margin of 4.4%, roughly in line with the Industrials sector average. ROE of 18.8% indicates solid capital efficiency, compared to the sector median of 8.2%. ROIC of 18.3% represents solid returns on invested capital versus a sector median of 6.3%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 11.5% | 11.5% | 8.6% | 10.0% | 11.4% | 13.0% | 12.3% | 10.3% | 10.9% | 8.9% | 11.8% |
| Operating Margin | 4.4% | 4.4% | 1.6% | 3.5% | 3.8% | 4.7% | 3.9% | 2.8% | 3.3% | 2.1% | 3.4% |
| Net Profit Margin | 3.2% | 3.2% | 0.9% | 2.5% | 2.8% | 3.4% | 2.6% | 1.8% | 2.0% | 1.5% | 1.9% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 18.8% | 18.8% | 4.8% | 15.0% | 15.5% | 17.9% | 14.8% | 10.9% | 10.2% | 7.7% | 7.2% |
| ROA | 7.4% | 7.4% | 1.9% | 6.1% | 6.6% | 8.0% | 5.9% | 4.3% | 4.6% | 3.6% | 3.9% |
| ROIC | 18.3% | 18.3% | 5.7% | 15.1% | 16.5% | 19.3% | 13.0% | 9.0% | 9.8% | 6.6% | 9.8% |
| ROCE | 19.4% | 19.4% | 6.5% | 16.5% | 17.0% | 20.2% | 14.9% | 10.6% | 11.4% | 7.8% | 11.2% |
MYRG Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
MYR Group Inc. carries a Debt/EBITDA ratio of 0.5x, which is very conservative (86% below the sector average of 3.2x). The company holds a net cash position — cash of $150M exceeds total debt of $104M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of 28.8x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.16 | 0.16 | 0.20 | 0.11 | 0.13 | 0.05 | 0.12 | 0.52 | 0.28 | 0.29 | 0.24 |
| Debt / EBITDA | 0.45 | 0.45 | 1.01 | 0.39 | 0.43 | 0.15 | 0.39 | 1.87 | 1.02 | 1.21 | 0.82 |
| Net Debt / Equity | — | -0.07 | 0.19 | 0.07 | 0.04 | -0.11 | 0.07 | 0.49 | 0.26 | 0.27 | 0.15 |
| Net Debt / EBITDA | -0.20 | -0.20 | 0.98 | 0.26 | 0.14 | -0.34 | 0.22 | 1.75 | 0.94 | 1.13 | 0.52 |
| Debt / FCF | — | -0.20 | 10.43 | — | 0.26 | -0.67 | 0.22 | 25.17 | 2.49 | — | 1.38 |
| Interest Coverage | 28.79 | 28.79 | 8.13 | 26.31 | 33.05 | 65.65 | 18.84 | 9.10 | 12.73 | 10.47 | 28.80 |
Net cash position: cash ($150M) exceeds total debt ($104M)
MYRG Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.33x means MYR Group Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.33 | 1.33 | 1.35 | 1.37 | 1.33 | 1.50 | 1.44 | 1.61 | 1.68 | 2.01 | 1.57 |
| Quick Ratio | 1.33 | 1.33 | 1.35 | 1.37 | 1.33 | 1.50 | 1.44 | 1.61 | 1.68 | 2.01 | 1.57 |
| Cash Ratio | 0.19 | 0.19 | 0.00 | 0.03 | 0.08 | 0.16 | 0.05 | 0.03 | 0.03 | 0.03 | 0.10 |
| Asset Turnover | — | 2.22 | 2.14 | 2.31 | 2.15 | 2.23 | 2.26 | 2.05 | 2.04 | 2.32 | 1.99 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 85.38 | 105.16 | 95.64 | 96.02 | 90.69 | 95.03 | 108.20 | 109.48 | 95.16 | 99.31 |
MYRG Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
MYR Group Inc. returns 1.1% to shareholders annually primarily through share buybacks. The earnings yield of 1.7% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 1.7% | 3.4% | 1.2% | 3.7% | 5.3% | 4.5% | 5.8% | 6.9% | 6.6% | 3.6% | 3.3% |
| FCF Yield | 3.3% | 6.8% | 0.5% | — | 5.8% | 4.5% | 12.9% | 1.3% | 7.3% | — | 4.4% |
| Buyback Yield | 1.1% | 2.3% | 3.1% | 0.1% | 2.4% | 0.2% | 0.1% | 0.1% | 0.2% | 0.5% | 15.4% |
| Total Shareholder Yield | 1.1% | 2.3% | 3.1% | 0.1% | 2.4% | 0.2% | 0.1% | 0.1% | 0.2% | 0.5% | 15.4% |
| Shares Outstanding | — | $16M | $17M | $17M | $17M | $17M | $17M | $17M | $17M | $16M | $17M |
Peer Comparison
Compare MYRG with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 MYRGYou | $7B | 60.4 | 30.7 | 30.5 | 11.5% | 4.4% | 18.8% | 18.3% | 0.5 |
 PWR | $118B | 115.5 | 47.8 | 72.7 | 13.0% | 5.8% | 12.6% | 11.8% | 0.5 |
 PRIM | $5B | 20.2 | 12.3 | 16.1 | 10.7% | 5.5% | 17.8% | 13.6% | 2.5 |
 WLDN | $1B | 21.7 | 17.9 | 15.8 | 37.5% | 6.5% | 19.5% | 11.5% | 1.1 |
 MTRX | $388M | -13.0 | — | 3.5 | 5.2% | -4.6% | -19.2% | -479.8% | — |
 GLDD | $1B | 15.7 | 9.3 | 11.4 | 22.9% | 14.1% | 15.2% | 9.7% | 2.7 |
 EME | $42B | 33.5 | 22.6 | 35.3 | 19.6% | 9.8% | 38.4% | 46.8% | 0.5 |
 IESC | $13B | 44.9 | 31.3 | 61.4 | 25.5% | 11.4% | 39.7% | 37.5% | 0.4 |
 TTEK | $8B | 33.3 | 13.4 | 18.4 | 17.7% | 11.1% | 13.7% | 17.4% | 1.5 |
 STRL | $27B | 94.5 | 55.3 | 75.0 | 22.1% | 16.6% | 30.0% | 38.9% | 0.7 |
 NEE | $199B | 29.0 | 19.0 | — | 62.8% | 30.1% | 10.7% | 4.1% | 6.2 |
| Industrials Median | — | 25.9 | 13.9 | 20.6 | 32.8% | 4.9% | 8.2% | 6.3% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonMYRG — Frequently Asked Questions
Quick answers to the most common questions about buying MYRG stock.
What is MYR Group Inc.'s P/E ratio?
MYR Group Inc.'s current P/E ratio is 60.4x. The historical average is 23.6x. This places it at the 94th percentile of its historical range.
What is MYR Group Inc.'s EV/EBITDA?
MYR Group Inc.'s current EV/EBITDA is 30.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 8.9x.
What is MYR Group Inc.'s ROE?
MYR Group Inc.'s return on equity (ROE) is 18.8%. The historical average is 14.3%.
Is MYRG stock overvalued?
Based on historical data, MYR Group Inc. is trading at a P/E of 60.4x. This is at the 94th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are MYR Group Inc.'s profit margins?
MYR Group Inc. has 11.5% gross margin and 4.4% operating margin.
How much debt does MYR Group Inc. have?
MYR Group Inc.'s Debt/EBITDA ratio is 0.5x, indicating low leverage. A ratio below 2x is generally considered financially healthy.