Craft
MYR Group

MYR Group

Backlog (Transmission & Distribution)

$1 B

Q3, 2022

Revenue

$2.5 B

FY, 2021

Market Capitalization

$1.6 B

2023-01-20

MYR Group Summary

Company summary

Overview
MYR Group is a provider of electrical construction service to the electrical infrastructure, commercial, and industrial markets. The company provides a broad range of services on electric transmission and distribution networks and substation facilities, which include design, engineering, procurement, construction, upgrade, maintenance, and repair services. It also offers storm restoration services in response to hurricane, ice or other storm-related damage, as well as the design, installation, maintenance, and repair of commercial and industrial wiring, installation of traffic networks, and the installation of bridge, roadway, and tunnel lighting.
Type
Public
Status
Active
Founded
1891
HQ
Henderson, CO, US | view all locations
Website
https://myrgroup.com/
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

Key people

  • Richard S. Swartz

    Richard S. Swartz, President & Chief Executive Officer, Director

  • Tod M. Cooper

    Tod M. Cooper, Senior Vice President & Chief Operating Officer of Transmission & Distribution

  • Jeffrey J. Waneka

    Jeffrey J. Waneka, Senior Vice President & Chief Operating Officer of Commercial & Industrial

  • Betty R. Johnson

    Betty R. Johnson, Senior Vice President & Chief Financial Officer

Operating MetricsView all

Remaining Performance Obligations

$2.3B
51.4%

Q3, 2022

Backlog

$2.5B
51.6%

Q3, 2022

Operating Facilities

18
12.5%

FY, 2021

LocationsView all

6 locations detected

  • Henderson, CO HQ

    United States

    12150 E 112th Ave

  • Rolling Meadows, IL

    United States

    1701 Golf Rd Suite 3-1012

  • Thornton, CO

    United States

    12121 Grant St #510

  • Calgary, AB

    Canada

    145-3115 12 St NE

  • Coquitlam, BC

    Canada

    1321 Ketch Ct

  • Winnipeg, MB

    Canada

    882 Bradford St

MYR Group Financials

Summary financials

Revenue (Q3, 2022)
$799.8M
Gross profit (Q3, 2022)
$86.3M
Net income (Q3, 2022)
$18.4M
Cash (Q3, 2022)
$35.8M
EBIT (Q3, 2022)
$27.0M
Enterprise value
$1.7B

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