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)
Type
Public
HQ
Rolling Meadows, US
Founded
1982
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

Chief Executive Officer
Rick Pieper

Rick Pieper

Vice President
Russ Hinnen

Russ Hinnen

Vice President, Corporate Accounting and Strategic Development

MYR Group Office Locations

MYR Group has an office in Rolling Meadows
Rolling Meadows, US (HQ)
3 1701 Golf Rd

MYR Group Financials and Metrics

MYR Group Financials

MYR Group's revenue was reported to be $1.1 b in FY, 2015
USD

Net income (Q1, 2017)

1.2 m

EBIT (Q1, 2017)

480 k

Market capitalization (20-Oct-2017)

503.3 m

Cash (31-Mar-2017)

6.9 m
MYR Group's current market capitalization is $503.3 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

902.7 m944 m1.1 b

Revenue growth, %

5%12%

General and administrative expense

96.4 m

Operating expense total

96.4 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q3, 2016Q1, 2017

General and administrative expense

18.1 m19.3 m18.6 m18.9 m19 m23.2 m25.8 m

Operating expense total

18.1 m19.3 m18.6 m18.9 m19 m23.2 m25.8 m

EBIT

12.4 m13.4 m11.6 m13 m9.9 m11.1 m480 k

Interest expense

177 k179 k179 k187 k180 k408 k514 k
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

76.5 m77.6 m39.8 m23.8 m

Current Assets

323.9 m313.5 m303.4 m357.6 m

Goodwill

46.6 m46.6 m47.1 m46.8 m

Total Assets

525.4 m520.1 m524.9 m573.5 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

54.6 m64.6 m61.8 m46.9 m30.4 m26 m3.4 m584 k6.9 m

Current Assets

322.7 m316.7 m314.4 m336.5 m335.2 m290 m254 m286 m330.7 m

Goodwill

46.6 m46.6 m46.6 m48.9 m48.7 m47.1 m46.8 m46.8 m46.8 m

Total Assets

533.5 m528.7 m528.2 m562.4 m559.7 m504.6 m471.7 m499.6 m548.7 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

34.8 m36.5 m27.3 m21.4 m

Depreciation and Amortization

335 k334 k571 k886 k

Accounts Receivable

(6.2 m)15.7 m(18 m)(27.5 m)

Accounts Payable

(5.3 m)(17.3 m)6.7 m17.3 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q3, 2016Q1, 2017

Net Income

14 m22.4 m7.2 m15.2 m21.4 m13.6 m1.2 m

Depreciation and Amortization

83 k83 k83 k84 k84 k188 k188 k

Accounts Receivable

(3.6 m)13.1 m1.4 m(7.7 m)(24.3 m)1.8 m12.4 m

Accounts Payable

(7 m)(11.2 m)5.2 m20.7 m17 m11 m(10.3 m)
Y, 2017

Financial Leverage

2.1 x
Show all financial metrics

MYR Group Market Value History

MYR Group Job Categories

Traffic Overview of MYR Group

MYR Group Online and Social Media Presence

MYR Group Company Life and Culture

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