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MYRG

MYR Group Inc

$99.49

Earnings Summary

Revenue
$708.11Mn
Net Profits
$19.68Mn
Net Profit Margins
2.78%
PE Ratio
20.4

Highlights

Revenue:

MYR Group Inc’s revenue jumped 9.01% since last year same period to $708.11Mn in the Q2 2022. On a quarterly growth basis, MYR Group Inc has generated 11.23% jump in its revenue since last 3-months.

Net Profits:

MYR Group Inc’s net profit fell -7.23% since last year same period to $19.68Mn in the Q2 2022. On a quarterly growth basis, MYR Group Inc has generated -4.85% fall in its net profits since last 3-months.

Net Profit Margins:

MYR Group Inc’s net profit margin fell -14.9% since last year same period to 2.78% in the Q2 2022. On a quarterly growth basis, MYR Group Inc has generated -14.46% fall in its net profit margins since last 3-months.

PE Ratio:

MYR Group Inc’s price-to-earnings ratio after this Q2 2022 earnings stands at 20.4.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the MYR Group Inc post its latest quarter earnings

EPS Estimate Current Quarter
1.31
EPS Estimate Current Year
1.31

Highlights

EPS Estimate Current Quarter:

MYR Group Inc’s earning per share (EPS) estimates for the current quarter stand at 1.31 - a 13.91% jump from last quarter’s estimates.

EPS Estimate Current Year:

MYR Group Inc’s earning per share (EPS) estimates for the current year stand at 1.31.

Key Ratios

Key ratios of the MYR Group Inc post its Q2 2022 earnings

Earning Per Share (EPS)
1.15
Return on Assets (ROA)
0.06
Return on Equity (ROE)
0.17
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

MYR Group Inc’s earning per share (EPS) fell -7.26% since last year same period to 1.15 in the Q2 2022. This indicates that the MYR Group Inc has generated -7.26% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. MYR Group Inc’s return on assets (ROA) stands at 0.06.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. MYR Group Inc’s return on equity (ROE) stands at 0.17.

Dividend Per Share (DPS):

MYR Group Inc declared 0 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-04-27
1.06
1.21
14.15%
2022-07-27
1.15
1.15
0%

Company Information

MYR is a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets throughout the United States and western Canada who have the experience and expertise to complete electrical installations of any type and size. Their comprehensive services on electric transmission and distribution networks and substation facilities include design, engineering, procurement, construction, upgrade, maintenance and repair services. Transmission and distribution customers include investor-owned utilities, cooperatives, private developers, government-funded utilities, independent power producers, independent transmission companies, industrial facility owners and other contractors. Commercial and industrial electrical contracting services are provided to general contractors, commercial and industrial facility owners, local governments and developers generally throughout the United States and western Canada.

Organisation
MYR Group Inc
Headquarters
Rolling Meadows, Illinois, US
Employees
7.2K
Industry
Industrial Services
CEO
Richard Swartz