MYR Group, Inc. (MYRG)
NASDAQIndustrialsEngineering & ConstructionSnapshot 2026-09-04
$286.59+0.88%
Close 2026-09-04 · 1-day change
NASDAQIndustrialsEngineering & ConstructionSnapshot 2026-09-04
QuarterlyIQ Insights · MYRG
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within industrials on a research-validated quality screen. As of 2026-09-04.
The screen ranks MYRG against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 4 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 3 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated strong grew net income 67% of the time over the next year (vs 52% for the rest of the cohort, n=6958).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Complete the acquisition of Valley Electric and Comet Electric to expand C&I capabilities and geographic footprint in the U.S. West Coast.
Stated as a priority in 3 of last 3 quarters. The acquisition of Valley Electric and Comet Electric closed on July 1, 2026, with a consideration of approximately $328 million. These companies had combined annual revenues exceeding $400 million in 2024-2025. Management has consistently emphasized this acquisition as a strategic expansion of C&I capabilities and geographic footprint, and the transaction was completed as planned, indicating delivery on this priority.
“The acquisition of Valley Electric and Comet Electric, which closed on July 1, further enhances our C&I capabilities and expands our geographic footprint.”
“Expected to close in 3Q26, subject to receiving required regulatory approvals and other customary closing conditions.”
“Focus on acquisitions that meet clear, long-term return thresholds and are compatible with MYR Group’s values and culture.”
Continue to grow revenues and backlog through organic growth and strategic bidding in core markets including T&D and C&I segments.
Stated as a priority in 4 of last 4 quarters. Revenue increased from $900.3 million in 2025-Q2 to $1.08 billion in 2026-Q2, while backlog grew from $2.64 billion to $3.16 billion over the same period. Management consistently highlights strong market fundamentals and a healthy pipeline of bidding opportunities. The financial results demonstrate delivering on this priority with sustained revenue and backlog growth.
Enhance operating income and profitability through higher margins, productivity improvements, and disciplined project execution.
Stated as a priority in 4 of last 4 quarters. Operating income rose from $39.8 million in 2025-Q2 to $67.9 million in 2026-Q2, while gross margin improved from 11.5% to 13.2%. Management attributes margin gains to better productivity and favorable project outcomes. The financial data shows delivering on improved profitability and operating income.
Preserve financial strength with ample liquidity and low debt to support growth, acquisitions, and capital needs.
Stated as a priority in 4 of last 4 quarters. The company maintained borrowing availability around $460 million under its $490 million credit facility and cash balances near $138 million as of 2026-Q2. Debt levels remain low, supporting liquidity for growth and acquisitions. Management has consistently emphasized balance sheet strength, and the financials confirm a stable and strong liquidity position.
Complete the acquisition of Valley Holdings I, Inc. and its subsidiaries for $328 million to expand market position.
Over the trailing year it converted 1.93x of net income into operating cash flow. Historically, Industrials names rated robust grew net income 58% of the time over the next year (vs 54% for the rest of the cohort, n=4997).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to real (inflation-adjusted) rates, Fed net liquidity, long-term interest rates, the US dollar (low R² over the window).
4 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Industrials names rated stable grew net income 55% of the time over the next year (vs 58% for the rest of the cohort, n=2546).
Not investment advice. As of 2026-09-04.
“Record quarterly revenues of $1.08 billion and backlog of $3.16 billion at quarter-end.”
“First-quarter 2026 revenues of $1.00 billion and backlog of $2.84 billion.”
“Focus on organic growth and strategic bidding to sustain revenue and backlog growth.”
“Strong market presence with sustained organic and acquisitive growth.”
“Gross margin increased to 13.2% from 11.5% in prior year quarter.”
“Gross margin increased to 13.4% from 11.6% in prior year quarter.”
“Focus on improving operating income and profitability through project execution.”
“Gross margin increased due to higher margin and revenues.”
“$460.5 million borrowing availability under credit facility and $137.9 million cash and cash equivalents.”
“$460.5 million borrowing availability and $163.2 million cash and cash equivalents.”
“Strong balance sheet with $408 million availability under credit facility and $150 million cash and equivalents.”
“Strong balance sheet with $460 million availability under credit facility and $163 million cash and equivalents.”