MYR GROUP INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.66B | $3.36B | $3.95B | $3.35B | $2.83B | $2.69B | $2.39B | $2.02B |
| Contract Revenue | — | — | $3.95B | $3.35B | $2.83B | $2.69B | $2.39B | $2.02B |
| Service Revenue | — | — | $0 | $0 | $0 | $0 | $0 | $0 |
| Cost of Revenue | $3.23B | $3.07B | $3.28B | $2.66B | $2.17B | $1.97B | $1.86B | $1.36B |
| Gross Profit | $423.8M | $290.3M | $364.4M | $344.0M | $325.0M | $275.9M | $214.2M | $167.1M |
| Gross Margin | 11.6% | 8.6% | 9.2% | 10.3% | 11.5% | 10.3% | 9.0% | 8.3% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $256.4M | $238.2M | $234.6M | $222.4M | $207.2M | $188.5M | $156.7M | $118.7M |
| Operating Income | $166.9M | $54.1M | $129.1M | $114.9M | $118.6M | $86.5M | $57.2M | $50.3M |
| Operating Margin | 4.6% | 1.6% | 3.3% | 3.4% | 4.2% | 3.2% | 2.4% | 2.5% |
| Interest Expense | $5.6M | $6.5M | $4.9M | $3.6M | $1.8M | $4.6M | $6.2M | $3.7M |
| Pretax Income | $161.3M | $46.5M | $125.0M | $114.2M | $116.3M | $81.4M | $50.4M | $43.1M |
| Income Tax Expense | $42.9M | $16.2M | $34.0M | $30.8M | $31.3M | $22.6M | $14.2M | $11.8M |
| Net Income | $118.4M | $30.3M | $91.0M | $83.4M | $85.0M | $58.8M | $37.7M | $31.1M |
| Net Margin | 3.2% | 0.9% | 2.3% | 2.5% | 3.0% | 2.2% | 1.6% | 1.5% |
| EPS (Basic) | $7.57 | $1.84 | $5.45 | $4.98 | $5.05 | $3.52 | $2.27 | $1.89 |
| EPS (Diluted) | $7.53 | $1.83 | $5.40 | $4.91 | $4.95 | $3.48 | $2.26 | $1.87 |
| Shares Outstanding (Basic) | 15.6M | 16.5M | 16.7M | 16.8M | 16.8M | 16.7M | 16.6M | 16.4M |
| Shares Outstanding (Diluted) | 15.7M | 16.5M | 16.8M | 17.0M | 17.2M | 16.9M | 16.7M | 16.6M |
| Dividends Per Share | — | — | — | — | — | — | — | — |