Is MYR Group (MYRG) overvalued or fairly valued?

MarketChacha shows MYR Group's valuation in context — a trailing P/E of about 49.6, a forward P/E of about 30.2, a price-to-book of about 9.0 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does MYR Group's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (2.02×) from reported figures — education, not a rating.

What is MYR Group's revenue?

MYR Group reported revenue of $3.7B for FY2025, with net profit of $118.4M, per official filings.

What is the share price of MYR Group (MYRG)?

MYR Group last traded at $406.52 (+1.6% on the day), as of 7/22/2026 — a delayed quote shown for education, not investment advice.

MYR Group

MYRG · NYSE · Industrials · United States

$406.52+1.6%

Delayed · as reported by Yahoo Finance · as of Jul 22, 2026, 7:28 PM

Snapshot

TickerMYRG

ExchangeNYSE

SectorIndustrials

IndustryEngineering & Construction

CountryUnited States

Employees9,000

HeadquartersThornton, United States

Market cap$6.3B

P/E (TTM)49.6

P/B9.0

Volume142.01K

Websitewww.myrgroup.com

Filings tracked6

About MYR Group

MYR Group Inc., through its subsidiaries, provides electrical construction services in the United States and Canada. The company operates through two segments: Transmission and Distribution, and Commercial and Industrial. Its Transmission and Distribution segment offers a range of services on electric transmission and distribution networks, and substation facilities, including design, engineering, procurement, construction, upgrade, maintenance, and repair services with primary focus on construction, maintenance, and repair to customers in the electric utility industry; and services, including construction and maintenance of high voltage transmission lines, substations, and lower voltage underground and overhead distribution systems, clean energy projects, and electric vehicle charging infrastructure services, as well as emergency restoration services in response to hurricane, wildfire, ice storm, or other related damages. This segment serves as prime contractor to customers, such as investor-owned utilities, cooperatives, private developers, government-funded utilities, independent power producers, independent transmission companies, industrial facility owners, and other contractors. The Commercial and Industrial segment provides a range of services, including design, installation, maintenance, and repair of commercial and industrial wiring; and installation of intelligent transportation systems, roadway lighting, and signalization for airports, hospitals, data centers, hotels, stadiums, commercial and industrial facilities, clean energy projects, manufacturing plants, processing facilities, water/waste-water treatment facilities, mining facilities, intelligent transportation systems, roadway lighting, signalization, and electric vehicle charging infrastructure. This segment serves general contractors, commercial and industrial facility owners, governmental agencies, and developers. MYR Group Inc. was founded in 1891 and is headquartered in Thornton, Colorado.

Profile as reported by Yahoo Finance.

Who owns it

Insiders1.8%
Institutions98.2%
Public & other0.0%

567 institutional holders

As reported by Yahoo Finance.

Top holders

Blackrock Inc.15.50%
Vanguard Capital Management LLC4.41%
Wellington Management Group, LLP4.14%
State Street Corporation3.83%
Fisher Asset Management, LLC3.35%
Vanguard Portfolio Management LLC3.27%
Geode Capital Management, LLC2.79%
Dimensional Fund Advisors LP2.42%

Largest institutional holders, as reported by Yahoo Finance (as of 3/31/2026).

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion2.02×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend2.5% → 3.2%

Margin has held broadly steady over the period — stable profitability.

Return on equity17.9%

Latest ROE of 17.9% — capital is generating a healthy return.

Growth qualityrev 0% · PAT 14%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $1.1B · EPS 2.95

Est. earnings growth +43.7%

Next fiscal year

Rev $4.6B · EPS 13.47

Est. earnings growth +17.4%

Analyst consensus estimates — not the company's own guidance. As reported by Yahoo Finance.

$171.5152-wk range$503.57

Delayed · as reported by Yahoo Finance

New to these terms?

P/E ROE ROCE Margins Market cap

Browse the Learn hub →

Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Market cap

$6.3B

Day change

+1.6%

P/E (TTM)

49.6

Fwd P/E

30.2

P/B

9.0

Beta

1.31

Revenue (FY2025)

$3.7B

Net margin

3.2%

ROE

17.9%

Revenue CAGR (2y)

+0.2%

Profit CAGR (2y)

+14.1%

EPS (FY2025)

7.53

Net profit (FY2025)

$118.4M

Market figures: Delayed · as reported by Yahoo Finance. Financials as reported in company filings.

Ask MarketChacha about MYRG

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$3.7B	$118.4M	7.53	3.2%	17.9%
FY2024	$3.4B	$30.3M	1.83	0.9%	5.0%
FY2023	$3.6B	$91.0M	5.40	2.5%	14.0%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q1	$1.0B	$46.8M	2.99	4.7%
2025Q3	$950.4M	$32.1M	2.05	3.4%
2025Q2	$900.3M	$26.5M	1.70	2.9%
2025Q1	$833.6M	$23.3M	1.45	2.8%
2024Q3	$888.0M	$10.6M	0.65	1.2%
2024Q2	$828.9M	$-15.3M	-0.91	-1.8%
2024Q1	$815.6M	$18.9M	1.12	2.3%
2023Q3	$939.5M	$21.5M	1.28	2.3%
2023Q2	$888.6M	$22.3M	1.33	2.5%
2023Q1	$811.6M	$23.2M	1.38	2.9%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Reg FD disclosure, Exhibits
SEC5/28/2026material
8-K — Reg FD disclosure, Other events, Exhibits
SEC5/27/2026material
8-K — Reg FD disclosure, Exhibits
SEC5/14/2026material
8-K — Results of operations, Exhibits
SEC4/29/2026material
10-Q filing
SEC4/29/2026
8-K — Shareholder vote results
SEC4/28/2026material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed · as reported by yahoo finance) are delayed and shown for reference only. Verify with the linked sources before acting.