Craft

MYR Group

Stock Price

$168.4

2024-04-10

Market Capitalization

$2.8 B

2024-04-10

Revenue

$3.6 B

FY, 2023

MYR Group Summary

Company Summary

Overview
MYR Group is a company that provides electrical construction services to the electric utility infrastructure, commercial, and industrial markets. It constructs transmission, distribution, substation, and transportation systems, operates in commercial and industrial and clean energy sectors, as well as provides fleet and labor resources. The company offers design, engineering, procurement, construction, upgrade, maintenance, and repair services for commercial and industrial wiring, installation of traffic networks, bridges, roadways, and tunnel lighting, as well as storm restoration solutions in response to wildfire, ice, or other storm-related damage.
Type
Public
Status
Active
Founded
1891
HQ
Thornton, CO, US | view all locations
Website
https://myrgroup.com/
Cybersecurity rating
ESG rating
50-59 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

    • Kelly M. Huntington

      Kelly M. Huntington, Senior Vice President & Chief Financial Officer

    • Don Egan

      Don Egan, Senior Vice President & Chief Operating Officer of Commercial & Industrial

    Operating MetricsView all

    Remaining Performance Obligations

    $2.4B
    4.9%

    Q3, 2023

    Remaining Performance Obligations (Transmission & Distribution)

    $934.9M
    11.2%

    Q3, 2023

    Operating Facilities

    18

    FY, 2022

    LocationsView all

    46 locations detected

    • Thornton, CO HQ

      United States

      12121 Grant St #510

    • Alvarado, TX

      United States

      4632 S. I-35W

    • Anchorage, AK

      United States

      1301 E 64th Ave

    • Auburn, ME

      United States

      127 1st Flight Dr

    • Aurora, IL

      United States

      1630 Mountain St

    • Bloomfield, CT

      United States

      11-A Old Windsor Road

    and 40 others

    MYR Group Financials

    Summary Financials

    Revenue (FY, 2023)
    $3.6B
    Gross profit (FY, 2023)
    $364.4M
    Net income (FY, 2023)
    $91.0M
    Cash (FY, 2023)
    $24.9M
    EBIT (FY, 2023)
    $129.1M
    Enterprise value
    $2.8B

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