Is the business good?
How good a business is MYRG?
MYR Group Inc. earns 28% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
28%
Return on invested capital · cost of capital 9.0% · 19 points above what the capital costs: growth creates value
- Operating margin
- 5.2%
Operating margin · Engineering & Construction median 7.4% · 12 months to Q1 2026
- Cash conversion
- 1.63×
Cash conversion · 2.87× a year ago · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- −2.4%
Share count, year on year · bought back, each share owns more of the company
| Year | Operating margin |
|---|---|
| FY2020 | 3.9% |
| FY2021 | 4.8% |
| FY2022 | 3.8% |
| FY2023 | 3.5% |
| FY2024 | 1.6% |
| FY2025 | 4.6% |
Details›
- Gross margin12 months to Q1 2026
- 12%
- Operating margin12 months to Q1 2026
- 5.2%
- Net margin12 months to Q1 2026
- 3.7%
- Free cash flow margin
- 6.0%
- Revenue, trailing twelve months
- $3.82B
- Free cash flow, trailing twelve months
- $231M
- Net income, trailing twelve months
- $142M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 28%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Engineering & Construction
Ranks #19 of 27 by Smart Score