MYR Group Inc. (MYRG) Financial Statements (2026 and earlier)

Company Profile

Business Address	12121 GRANT STREET THORNTON, CO 80241
State of Incorp.	DE
Fiscal Year End	December 31
Industry (SIC)	1623 - Water, Sewer, Pipeline, and Communications and Power Line Construction (benchmarking)
More info	Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments	150	3	25	51	82	23
Cash and cash equivalent	150	3	25	51	82	23
Receivables	614	667	534	491	396	399
Prepaid expense	53	41	44	46	45
Contract with customer, asset, after allowance for credit loss	242	302	421	301	225	186
Other current assets	2	2	2	2	1	29
Total current assets:	1,061	1,015	1,026	890	748	637
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization
Operating lease, right-of-use asset	42	43	35	31	21	22
Nontrade receivables	21	35	34	34	32	27
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization	720	665	649	585	518	479
Long-term investments and receivables	3	4	9	4	4	3
Long-term investments	3	4	9	4	4	3
Intangible asset, including goodwill, after accumulated amortization	188	189	200	203	115	117
Goodwill	115	113	117	116	66	66
Intangible asset, excluding goodwill, after accumulated amortization	72	76	84	88	49	51
Deferred income tax assets	13	6
Other noncurrent assets	9	6	6	4	4	4
Other undisclosed noncurrent assets	(414)	(387)	(380)	(352)	(322)	(294)
Total noncurrent assets:	583	559	553	509	373	359
TOTAL ASSETS:	1,644	1,574	1,579	1,399	1,121	996
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities	315	295	359	315	201	163
Accounts payable	315	295	359	315	201	163
Accrued liabilities
Deferred revenue	301	322	240	227	168	158
Debt	5	5	9	6	1	5
Self insurance reserve	28	26	28	29	24	24
Other liabilities	118	88	101	80	95	87
Other undisclosed current liabilities	28	12	9	10	10	7
Total current liabilities:	795	749	747	667	499	443
Noncurrent Liabilities
Long-term debt and lease obligation	56	72	30	38	17	41
Long-term debt, excluding current maturities	54	70	29	35	3	25
Finance lease, liability	1	2	0	2
Liabilities, other than long-term debt	133	153	151	134	87	82
Deferred income tax liabilities	50	52	48	46	25	18
Other liabilities	10	16	25	16	11	19
Operating lease, liability	29	30	26	21	13	16
Self insurance reserve	43	54	52	51	51	45
Total noncurrent liabilities:	188	225	180	172	103	123
Total liabilities:	984	974	928	839	602	567
Equity
Equity, attributable to parent	660	600	651	560	519	429
Common stock	0	0	0	0	0	0
Additional paid in capital	165	159	162	161	164	159
Accumulated other comprehensive income (loss)	(8)	(13)	(4)	(6)	0	0
Retained earnings	503	454	493	405	355	270
Equity, attributable to noncontrolling interest						0
Total equity:	660	600	651	560	519	429
TOTAL LIABILITIES AND EQUITY:	1,644	1,574	1,579	1,399	1,121	996

Income Statement (P&L) ($ in millions)
Annual | Quarterly

	3/31/2026 TTM	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Revenues		3,658	3,362	3,644	3,009	2,498	2,247
Cost of revenue (Cost of Product and Service Sold)		(3,234)	(3,072)	(3,280)	(2,665)	(2,173)	(1,972)
Gross profit:		424	290	364	344	325	276
Operating expenses				(235)	(229)	(206)	(189)
Other undisclosed operating loss		(257)	(236)
Operating income:		167	54	129	115	119	87
Nonoperating income (expense)		0	(1)	1	3	(0)	(1)
Investment income, nonoperating		1	0	1	0	0	0
Other nonoperating income (expense)		(1)	(1)	(0)	3	(1)	(1)
Interest and debt expense		(0)	(0)	(5)	(4)	(2)	(5)
Income from continuing operations before equity method investments, income taxes:		167	53	125	114	116	81
Other undisclosed loss from continuing operations before income taxes		(6)	(6)
Income from continuing operations before income taxes:		161	46	125	114	116	81
Income tax expense		(43)	(16)	(34)	(31)	(31)	(23)
Income from continuing operations:		118	30	91	83	85	59
Income before gain (loss) on sale of properties:	✕	✕	✕	✕	✕	85	59
Net income:		118	30	91	83	85	59
Net income attributable to noncontrolling interest						0
Net income available to common stockholders, diluted:		118	30	91	83	85	59

Comprehensive Income ($ in millions)
Annual | Quarterly

	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Net income:	118	30	91	83	85	59
Other comprehensive income (loss)	4	(9)	2	(6)	0	0
Comprehensive income:	123	21	93	77	85	59
Comprehensive income, net of tax, attributable to noncontrolling interest					0
Comprehensive income, net of tax, attributable to parent:	123	21	93	77	85	59

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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MYR Group Inc. (MYRG) Financial Statements (2026 and earlier)

Company Profile

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

Income Statement (P&L) ($ in millions)
Annual | Quarterly

Comprehensive Income ($ in millions)
Annual | Quarterly

Statements Sources

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MYR Group Inc. (MYRG) Financial Statements (2026 and earlier)

Company Profile

Balance Sheet (Statement of Financial Position) ($ in millions)Annual | Quarterly

Income Statement (P&L) ($ in millions)Annual | Quarterly

Comprehensive Income ($ in millions)Annual | Quarterly

Statements Sources

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Financial Reporting
and Analysis Software

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

Income Statement (P&L) ($ in millions)
Annual | Quarterly

Comprehensive Income ($ in millions)
Annual | Quarterly