MYR Group Inc. (MYRG) has a MoatMap StockRank of 95/100 based on Quality (75/100), Value (25/100), and Momentum (83/100) factor scores. The current signal is STRONG BUY. MYR Group is a premier electrical contractor poised to benefit enormously from the multi-decade US grid modernization supercycle. The massive power demands of AI data centers, combined with the integration of renewable energy and domestic manufacturing nearshoring, create an unprecedented backlog of high-margin transmission and distribution projects. As an asset-light service provider with deep utility relationships, MYRG acts as a high-quality 'picks-and-shovels' play on the electrification of the economy.
MYR Group Inc. is a leading electrical contractor in the United States, providing comprehensive transmission, distribution, and substation services for utilities, alongside commercial and industrial electrical contracting. The company maintains a strong competitive position through its extensive expertise in complex electrical infrastructure projects, a proven safety record, and long-standing client relationships. Its broad geographic footprint and diverse service offerings allow it to capitalize on significant infrastructure investments.
| Price | $451.40 |
| Market Cap | $7.5B |
| P/E (TTM) | 49.77 |
| P/E (Forward) | 34.25 |
| Price/Book | 10.00 |
| Return on Equity | 22.7% |
| Return on Invested Capital | 19.7% |
| Debt/Equity | 8.75 |
| Gross Margin | 12.1% |
| Operating Margin | 6.4% |
| Revenue Growth | 20.0% |
| Free Cash Flow | $228M |
MYR Group Inc. operates in the Engineering & Construction industry, part of the Industrials sector (United States).