MYR Group is a specialty contractor serving the electrical infrastructure industry and 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, with a particular focus on construction, maintenance, and repair, to customers in the electric utility and the renewable energy industries. MYR Group also provides storm restoration services in response to hurricane, ice or other storm-related damage. In addition, it provides services such 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.

Company Growth (employees)
Rolling Meadows, US
Size (employees)
4,600 (est)
MYR Group was founded in 1982 and is headquartered in Rolling Meadows, US

Key People/Management at MYR Group

Rick Swartz

Rick Swartz

President and Chief Executive Officer
Gerald Engen

Gerald Engen

Senior Vice President, Chief Legal Officer and Secretary
Betty Johnson

Betty Johnson

Senior Vice President, Chief Financial Officer and Treasurer
Tod Cooper

Tod Cooper

Senior Vice President & Chief Operating Officer of T&D
Jeff Waneka

Jeff Waneka

Senior Vice President & Chief Operating Officer of C&I

MYR Group Office Locations

MYR Group has offices in Rolling Meadows, Sorrento, Decatur, Indianapolis and in 44 other locations
Rolling Meadows, US (HQ)
3 1701 Golf Rd
Show all (49)

MYR Group Financials and Metrics

MYR Group Financials

MYR Group's revenue was reported to be $1.1 b in FY, 2016

Revenue (Q3, 2017)

373.5 m

Gross profit (Q3, 2017)

34.9 m

Gross profit margin (Q3, 2017), %


Net income (Q3, 2017)

5.1 m

EBIT (Q3, 2017)

11.4 m

Market capitalization (22-Dec-2017)

587.1 m

Cash (30-Sep-2017)

1.7 m


664.9 m
MYR Group's current market capitalization is $587.1 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016


902.7 m944 m1.1 b1.1 b

Revenue growth, %


Cost of goods sold

777.9 m811.6 m939.3 m1 b

Gross profit

124.9 m132.4 m122.3 m134.7 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017


244.1 m276.5 m269.9 m253.6 m261.9 m283.3 m300.1 m356.2 m373.5 m

Cost of goods sold

214.8 m244.8 m241.2 m226.4 m230.5 m249.2 m274.4 m328.7 m338.6 m

Gross profit

29.4 m31.7 m28.6 m27.3 m31.4 m34.1 m25.7 m27.5 m34.9 m

Gross profit Margin, %

USDFY, 2013FY, 2014FY, 2015FY, 2016


76.5 m77.6 m39.8 m23.8 m

Accounts Receivable

173.5 m158.1 m187.2 m234.6 m

Current Assets

323.9 m313.5 m303.4 m357.6 m


142.9 m148.7 m160.7 m154.9 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017


61.8 m46.9 m30.4 m26 m3.4 m584 k6.9 m10 m1.7 m

Accounts Receivable

156.9 m176.4 m193.1 m172.8 m161.9 m185.5 m222.5 m222.2 m274.2 m

Current Assets

314.4 m336.5 m335.2 m290 m254 m286 m330.7 m338.2 m393.4 m


156 m165.9 m164.9 m153.8 m156.2 m153 m156.5 m155.6 m150.2 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

34.8 m36.5 m27.3 m21.4 m

Depreciation and Amortization

28.9 m33.1 m37.5 m38.2 m

Accounts Receivable

(6.2 m)15.7 m(17.8 m)(27.5 m)

Accounts Payable

(5.3 m)(17.3 m)6.7 m17.3 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

7.2 m15.2 m21.4 m2 m7.5 m13.6 m1.2 m2.4 m7.6 m

Depreciation and Amortization

83 k84 k84 k9.7 m19.2 m188 k188 k19.1 m28.9 m

Accounts Receivable

1.4 m(7.7 m)(24.3 m)14.4 m25.3 m1.8 m12.4 m13.3 m(37.1 m)

Accounts Payable

5.2 m20.7 m17 m8 m5.2 m11 m(10.3 m)15.4 m14.8 m
USDY, 2017


58.2 x


-30.5 x


81.2 k


0.3 x


0.1 x

Financial Leverage

2.3 x
Show all financial metrics

MYR Group Operating Metrics

MYR Group's Backlog was reported to be $701.7 m in Q3, 2017
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017


$433.64 m$398.4 m$410.7 m$425.1 m$450.93 m$434.8 m$475 m$620.6 m$688.83 m$660.9 m$632.5 m$701.7 m

Maintenance Facilities

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MYR Group Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
MYR Transmission Services, Inc.
MYR Equipment, LLC
MYR Transmission Services Canada, Ltd.
E.S. Boulos Company
Sturgeon Electric California, LLC
Great Southwestern Construction, Inc.
Harlan Electric Company
MYR Real Estate Holdings, LLC
High Country Line Construction, Inc.
Western Pacific Enterprises Ltd.
The L. E. Myers Co.
Sturgeon Electric Company, Inc.
MYR Group Construction Canada, Ltd.
Northern Transmission Services, Ltd.
GSW Integrated Services, LLC
MYR Real Estate Holdings Alaska, LLC

MYR Group Market Value History

MYR Group Revenue Breakdown

MYR Group's Web-traffic and Trends

MYR Group Online and Social Media Presence

MYR Group Company Life and Culture

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