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Companies / Industrials / MYR Group Inc.
MYRG

MYR Group Inc.

IndustrialsConstruction
Ticker MYRGTHORNTON, COFiscal year ends DecemberBook value per share $48.02Diluted shares 15.7M

MYR Group Inc. (Nasdaq: MYRG) is a specialty electrical construction services company operating through two primary business segments: Transmission and Distribution (T&D) and Commercial and Industrial (C&I). The company traces its origins to 1891 in the T&D sector and 1912 in C&I services, establishing itself as one… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$3.66BFY2025
+8.8% year over year
Last 12 mo $4.01B
4.56%FY2025
+3 percentage points
Last 12 mo 5.63%
$118.42MFY2025
+291.3% year over year
Last 12 mo $165.29M
17.93%FY2025
+12.9 percentage points
Last 12 mo 21.91%
Cash & financing
$326.57MFY2025
+274.9% year over year
Last 12 mo $298.49M
$232.19MFY2025
+1977.4% year over year
Last 12 mo $193.36M
0.09FY2025
Was 0.13× a year earlier
Last 12 mo 0.01
15.7MFY2025
−4.8% year over year
Last 12 mo 15.7M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What MYR Group Inc. does

In the company’s own words

MYR Group Inc. (Nasdaq: MYRG) is a specialty electrical construction services company operating through two primary business segments: Transmission and Distribution (T&D) and Commercial and Industrial (C&I). The company traces its origins to 1891 in the T&D sector and 1912 in C&I services, establishing itself as one of the largest U.S. contractors serving the electric utility industry. MYR Group maintains its corporate presence at www.myrgroup.com and operates a network of local offices throughout the United States and Canada.

The T&D segment, representing 54.7% of revenues, provides comprehensive services including design, engineering, procurement, construction, upgrade, maintenance and repair of electric transmission and distribution networks, substations, and related infrastructure. This segment also serves clean energy projects and electric vehicle charging infrastructure. The C&I segment, accounting for 45.3% of revenues, delivers electrical contracting services for commercial and industrial facilities, data centers, airports, hospitals, manufacturing plants, and intelligent transportation systems.

MYR Group operates under multiple trade names including The L.E. Myers Co., Harlan Electric Company, Great Southwestern Construction Inc., and Sturgeon Electric Company Inc. in the United States, with additional operations in Canada under brands including MYR Transmission Services Canada Ltd. and Northern Transmission Services Ltd. The company maintains a substantial fleet of specialized equipment including bucket trucks, cranes, wire pullers, and wire tensioning machines, supported by centralized fleet management and regional maintenance facilities.

As of December 31, 2025, the company employed approximately 9,000 individuals, comprising roughly 7,200 craft employees and 1,800 administrative and management personnel. Approximately 85% of craft employees are union members, primarily affiliated with the International Brotherhood of Electrical Workers. The company serves a diverse customer base including investor-owned utilities, cooperatives, independent power producers, general contractors, and facility owners. Top ten customers represented 38.0% of annual revenues, with no single customer exceeding 10% of revenues. MYR Group's backlog totaled approximately $2.8 billion as of year-end 2025, with $2.4 billion estimated for recognition within twelve months.

Company details
Sector
Industrials
Industry (SIC)
Construction
Headquarters
THORNTON, CO
Fiscal year end
December
CIK
700923
SIC
1623

Financial performance, year by year

Fiscal 2013–2025 · USD
$-400.61M$801.21M$2.00B$3.20B$4.41B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns MYR Group Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

432
funds hold it
0 of 35
superinvestors hold it
$4.01B
held by funds, at market
53.9%
of shares held by funds

Largest fund holders · MYR Group Inc.’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.42%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.24%of fund net assets
FULLERTHALER BEHAVIORAL SMALL CAP EQUITY
FTHNX · Capitol Series Trust
1.08%of fund net assets
Nomura Small Cap Core Fund
DCCAX · Delaware Group Equity Funds V
2.02%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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