MYR Group Inc. income statement
In fiscal 2025, MYR Group Inc. reported revenue of $3.66bn, up 8.8% on the year before, operating income of $167m (a 4.6% margin) and net income of $118m, or $7.53 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,142 | 1,403 | 1,531 | 2,071 | 2,247 | 2,498 | 3,009 | 3,644 | 3,362 | 3,658 | 4,315 |
| Cost of revenue | 1,008 | 1,278 | 1,364 | 1,857 | 1,972 | 2,173 | 2,665 | 3,280 | 3,072 | 3,234 | 3,755 |
| Gross profit | 135 | 125 | 167 | 214 | 276 | 325 | 344 | 364 | 290 | 424 | 560 |
| Selling, general and administrative | 96 | 99 | 119 | 157 | 189 | 207 | 222 | 235 | 238 | 256 | 290 |
| Operating income | 39 | 30 | 50 | 57 | 87 | 119 | 115 | 129 | 54 | 167 | 264 |
| Interest expense | 1 | 3 | 4 | 6 | 5 | 2 | 4 | 5 | 7 | 6 | 6 |
| Income before tax | 38 | 25 | 43 | 50 | 81 | 116 | 114 | 125 | 46 | 161 | 260 |
| Income tax | 17 | 3 | 12 | 14 | 23 | 31 | 31 | 34 | 16 | 43 | 67 |
| Net income | 21 | 21 | 31 | 38 | 59 | 85 | 83 | 91 | 30 | 118 | 193 |
| Diluted EPS | $1.23 | $1.28 | $1.87 | $2.26 | $3.48 | $4.95 | $4.91 | $5.40 | $1.83 | $7.53 | $12.31 |
| Diluted shares (average) | 17m | 16m | 17m | 17m | 17m | 17m | 17m | 17m | 17m | 16m | 16m |
| EBITDA | 78 | 68 | 90 | 102 | 133 | 165 | 173 | 188 | 119 | 233 | 342 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 830 | 834 | 900 | 950 | 974 | 1,000 | 1,082 | 1,259 |
| Cost of revenue | 744 | 737 | 797 | 839 | 862 | 866 | 939 | 1,088 |
| Gross profit | 86 | 97 | 104 | 112 | 111 | 134 | 143 | 171 |
| Selling, general and administrative | 57 | 63 | 63 | 66 | 65 | 69 | 74 | 82 |
| Operating income | 30 | 34 | 40 | 46 | 47 | 65 | 68 | 85 |
| Interest expense | 2 | 1 | 2 | 1 | 1 | 1 | 1 | 4 |
| Income before tax | 27 | 33 | 37 | 45 | 46 | 64 | 67 | 82 |
| Income tax | 11 | 9 | 11 | 13 | 10 | 17 | 17 | 22 |
| Net income | 16 | 23 | 26 | 32 | 37 | 47 | 50 | 60 |
| Diluted EPS | $0.97 | $1.45 | $1.70 | $2.05 | $2.33 | $2.99 | $3.17 | $3.82 |
| EBITDA | 47 | 50 | 56 | 63 | 64 | 82 | 86 | 109 |
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