MYR Group (MYP) AI Stock Analysis

1 Followers

MYR Group

(XETRA:MYP)

Rating:―N/A

Action:N/A

Date:―

No summary available

Positive Factors

Record backlog and forward revenue visibilityThe 38% backlog increase provides substantial visibility into future contracted work and supports continued revenue growth beyond the latest quarter. A larger backlog can improve resource planning, reinforce customer relationships, and support operating leverage as projects progress.

Negative Factors

Variable cash generation and working-capital pressureConstruction-related billing and payment timing makes cash conversion less predictable even when accounting earnings are strong. Lower recent free cash flow and customer payment-term pressure could constrain internally funded growth and increase reliance on available credit.

MYR Group (MYP) vs. iShares MSCI Germany ETF (EWG)

Market Cap: EUR 4.37B
Dividend Yield: ―
Average Volume (3M): 26
Price to Earnings (P/E): 22.6
Beta (1Y): 0.29
Revenue Growth: 16.95%
EPS Growth: 91.54%
Country: Germany
Employees: 9,000
Sector: Industrials
Sector Strength: 63
Industry: Engineering & Construction

MYR Group Business Overview & Revenue Model

Company Description

Operating across the United States and Canada, MYR Group Inc. is a leading provider of electrical construction services, delivered through its two core divisions: Transmission and Distribution, and Commercial and Industrial. Its Transmission and Dist...

MYR Group Earnings Call Summary

Earnings Call Date:Oct 28, 2026(Q3-2026)|% Change Since:1.72%|Next Earnings Date:Mar 03, 2027

Earnings Call SentimentPositive

The call was strongly positive, highlighted by record revenue, net income, EBITDA, backlog, significant C&I growth, improved margins, favorable acquisition performance, strong liquidity, and supportive market demand. The company also provided substantial growth expectations and described active project and acquisition pipelines. The main challenges were lower operating and free cash flow, project inefficiencies, higher SG&A and acquisition-related amortization, working-capital pressure from customer payment terms and higher interest rates, and the delayed timing of larger T&D projects.

Positive Updates

Record Revenue and Earnings

Third quarter 2026 revenues were a record $1.26 billion, up $309 million or 32% year over year. Net income was a record $60 million versus $32 million, diluted EPS was $3.82 versus $2.05, an increase of 86%, and EBITDA was a record $110 million versus $63 million.

Negative Updates

Lower Operating Cash Flow

Third quarter operating cash flow declined to $46 million from $96 million in the prior-year period. Management attributed the decrease primarily to the timing of billings and payments associated with project starts and completions.

Company Guidance

Management said it plans to operate in the “higher range of our profile” on C&I margins at 6%-9%, with C&I growth next year of 18%-20% or 22%, later clarified as 18%-22% inclusive of full-year Valley and Comet contributions, and overall company growth of 15%-18%; T&D revenue growth is expected at 10%-13% year over year, with growth “more weighted to kind of starting to pick up in second quarter and more weighted to the back half of the year,” while T&D operating margins are expected in the middle range of 8%-11%. Larger T&D projects may start in the “mid to end part of 2027,” with the primary build-out probably starting in the 2028 timeframe and “a lot more growth in 2028 and beyond”; transmission is expected to continue growing about 10% a year through 2030. CapEx is expected to represent 3% of revenues this year and “probably” be in the low to mid-3% of revenues in 2027, while some C&I projects extend into 2029 and 2030.

MYR Group Risk Analysis

MYR Group disclosed 32 risk factors in its most recent earnings report. MYR Group reported the most risks in the "Production" category.

Production - Risks related to the company’s ability to manufacture goods and services

Latest Risks Added

0 New Risks

MYR Group Peers Comparison

Overall Rating

UnderperformOutperform

Sector (63)

Financial Indicators

DE:MYP against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EME	80Outperform	$28.26B	19.27	38.78%	0.24%	22.13%	39.30%
ECG	70Outperform	$4.38B	15.74	39.18%	―	33.47%	59.77%
MTZ	69Neutral	$14.52B	30.61	13.99%	―	25.66%	45.34%
PWR	69Neutral	$87.87B	54.38	17.75%	0.07%	37.13%	63.37%
Sector *	63Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
PRIM	50Neutral	$3.67B	40.35	5.90%	0.44%	-5.37%	-65.14%

* Industrials Sector Average

Performance Comparison

DE:MYP and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
DE:MYP	MYR Group Inc	253.60	66.60	35.61%
EME	EMCOR Group, Inc.	666.74	48.21	7.79%
MTZ	MasTec Inc	189.18	-3.04	-1.58%
PRIM	Primoris Services	72.22	-45.45	-38.62%
PWR	Quanta Services	607.94	178.98	41.72%
ECG	Everus Construction Group, Inc.	89.11	-1.07	-1.19%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

MYR Group AI Stock Analysis