MYR Group Inc. (MYRG) Net Income CAGR:309.76%(TTM)
Net income CAGR uses precomputed financial statement history.
Over longer horizons, MYR Group Inc.'s Net Income CAGR averages 18.23% over 3 years and 15.60% over 5 years.The TTM figure compares the trailing 12 months (sum of the latest four quarters) with the 12 months before that. Rows in the history table compare fiscal years, and the quarterly table compares single quarters; the three measure different windows and will differ. Net income CAGR shows how MYR Group Inc.'s bottom-line profitability has grown. This reflects the company's ability to convert revenue into profits after all expenses.
MYRG Net Income CAGR Chart
MYR Group Inc. (MYRG)
MYRG Quarterly Net Income Growth (YoY)
Net Income growth vs the same quarter one year earlier, last 20 quarters.
MYRG Net Income CAGR History
| Year | Start Net Income | End Net Income | Change | % Change | CAGR |
|---|---|---|---|---|---|
| 2025 | $30.26M | $118.42M | +$88.15M | +291.29% | +291.29% |
| 2024 | $90.99M | $30.26M | $-60.73M | -66.74% | -66.74% |
| 2023 | $83.38M | $90.99M | +$7.61M | +9.13% | +9.13% |
| 2022 | $85.01M | $83.38M | $-1.63M | -1.92% | -1.92% |
| 2021 | $58.76M | $85.01M | +$26.25M | +44.68% | +44.68% |
| 2020 | $37.69M | $58.76M | +$21.07M | +55.90% | +55.90% |
| 2019 | $31.09M | $37.69M | +$6.60M | +21.24% | +21.24% |
| 2018 | $21.15M | $31.09M | +$9.93M | +46.96% | +46.96% |
| 2017 | $21.43M | $21.15M | $-277.00K | -1.29% | -1.29% |
| 2016 | $27.30M | $21.43M | $-5.87M | -21.50% | -21.50% |
| 2015 | $36.54M | $27.30M | $-9.24M | -25.29% | -25.29% |
| 2014 | $34.76M | $36.54M | +$1.78M | +5.14% | +5.14% |
| 2013 | $34.26M | $34.76M | +$497.00K | +1.45% | +1.45% |
| 2012 | $18.30M | $34.26M | +$15.96M | +87.24% | +87.24% |
| 2011 | $16.12M | $18.30M | +$2.18M | +13.50% | +13.50% |
| 2010 | $17.23M | $16.12M | $-1.11M | -6.46% | -6.46% |
| 2009 | $23.63M | $17.23M | $-6.40M | -27.07% | -27.07% |
| 2008 | $-3.20M | $23.63M | +$26.84M | N/A | N/A |
| 2007 | $8.56M | $-3.20M | $-11.76M | -137.41% | N/A |
| 1999 | $7.90M | $8.56M | +$660.00K | +8.35% | +8.35% |
| 1998 | $6.60M | $7.90M | +$1.30M | +19.70% | +19.70% |
| 1997 | $3.50M | $6.60M | +$3.10M | +88.57% | +88.57% |
| 1996 | $3.40M | $3.50M | +$100.00K | +2.94% | +2.94% |
| 1995 | $2.10M | $3.40M | +$1.30M | +61.90% | +61.90% |
| 1994 | $1.60M | $2.10M | +$500.00K | +31.25% | +31.25% |
| 1993 | $3.60M | $1.60M | $-2.00M | -55.56% | -55.56% |
| 1992 | $4.20M | $3.60M | $-600.00K | -14.29% | -14.29% |
| 1991 | $3.50M | $4.20M | +$700.00K | +20.00% | +20.00% |
| 1990 | $2.70M | $3.50M | +$800.00K | +29.63% | +29.63% |
Quarterly Net Income: QoQ & YoY
| Quarter | Value | QoQ | YoY |
|---|---|---|---|
| Q1 2026 | $46.80M | +28.1% | +100.8% |
| Q4 2025 | $36.55M | +13.9% | +129.1% |
| Q3 2025 | $32.09M | +21.3% | +201.4% |
| Q2 2025 | $26.47M | +13.5% | — |
| Q1 2025 | $23.31M | +46.1% | +23.1% |
| Q4 2024 | $15.95M | +49.8% | -33.6% |
| Q3 2024 | $10.65M | — | -50.5% |
| Q2 2024 | -$15.28M | — | — |
| Q1 2024 | $18.94M | -21.2% | -18.2% |
| Q4 2023 | $24.04M | +11.8% | -2.2% |
| Q3 2023 | $21.51M | -3.4% | +16.7% |
| Q2 2023 | $22.27M | -3.8% | +13.2% |
| Q1 2023 | $23.16M | -5.7% | +12.0% |
| Q4 2022 | $24.57M | +33.3% | +18.8% |
| Q3 2022 | $18.44M | -6.3% | -20.4% |
| Q2 2022 | $19.68M | -4.9% | -7.2% |
QoQ = change vs the prior quarter; YoY = change vs the same quarter a year earlier.
About MYR Group Inc.
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 Distribution division specializes in comprehensive services for electrical transmission and distribution grids, as well as substation infrastructure. These offerings span design, engineering, procurement, construction, enhancements, upkeep, and repairs, primarily targeting clients within the electric utility sector. Key activities include building and maintaining high-voltage transmission lines, substations, and both underground and overhead lower-voltage distribution systems. The segment also handles renewable power installations, some gas construction projects, and critical emergency restoration following natural disasters like hurricanes or ice storms. As a prime contractor, MYR serves a diverse client base, including investor-owned utilities, cooperatives, private developers, government-funded entities, independent power producers, transmission companies, industrial facility owners, and other contractors. The Commercial and Industrial division delivers a variety of services, encompassing the design, installation, maintenance, and repair of electrical wiring for commercial and industrial settings. This also extends to installing traffic control networks and lighting systems for bridges, roadways, and tunnels. Their expertise is applied across a wide array of venues, such as airports, hospitals, data centers, hotels, stadiums, convention centers, renewable energy sites, manufacturing and processing plants, wastewater treatment facilities, mining operations, and transportation management systems. Clients for this segment include general contractors, commercial and industrial property owners, government agencies, and developers. Established in 1891, MYR Group Inc. maintains its corporate headquarters in Henderson, Colorado.
- Sector
- Industrials
- Industry
- Engineering & Construction
- CEO
- Richard S. Swartz Jr.