MYR Group Inc. (MYRG) Return on Invested Capital (ROIC): 13.77%
Is MYR Group Inc.’s return on invested capital (ROIC) high or low?
MYR Group Inc.'s return on invested capital (ROIC) of 13.77% is 27% above its 5-year average of 10.84%, near the high end of its 5-year range (4.18%–13.77%).
As of Wednesday, June 17, 2026. 53.43% above its 12-month average of 8.97%.
MYRG Return on Invested Capital (ROIC) Chart
MYRG Average Return on Invested Capital (ROIC) Chart
MYRG Current vs Average Return on Invested Capital (ROIC) Chart
MYRG Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
13.77%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
8.97%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
10.06%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
10.84%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
9.06%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
9.27%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
8.66%
CURRENT VS TTM AVG
+53.43%
CURRENT VS 3Y AVG
+36.91%
CURRENT VS 5Y AVG
+27.03%
CURRENT VS 10Y AVG
+51.96%
CURRENT VS 15Y AVG
+48.48%
CURRENT VS 20Y AVG
+59.02%
MYRG Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MYR Group Inc. (MYRG) | $6.92B | 13.77% | 8.97% | 10.06% | 10.84% |
| Matson, Inc. (MATX)vs › | $5.86B | 8.85% | 9.64% | 12.85% | 14.37% |
| AGCO Corporation (AGCO)vs › | $8.11B | 8.40% | 10.48% | 14.32% | 13.46% |
| Primoris Services Corporation (PRIM)vs › | $5.52B | 10.68% | 9.48% | 8.02% | 7.96% |
| Aecom (ACM)vs › | $8.91B | 12.33% | 11.82% | 9.11% | 8.12% |
| Gartner, Inc. (IT)vs › | $8.94B | 18.78% | 20.59% | 21.68% | 18.97% |
| Planet Labs PBC (PL)vs › | $9.39B | -13.91% | -18.55% | -23.59% | -24.98% |
| Griffon Corporation (GFF)vs › | $4.18B | 4.68% | 9.16% | 4.25% | 4.40% |
| Powell Industries, Inc. (POWL)vs › | $10.71B | 25.41% | 26.34% | 17.22% | 12.38% |
| Trinity Industries, Inc. (TRN)vs › | $2.81B | 3.46% | 4.04% | 4.00% | 2.91% |
Capital Efficiency
ROIC
13.8%
ROE
20.2%
MYR Group Inc. Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
MYR Group Inc. Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (ROIC) for MYR Group Inc. (MYRG)?
- The return on invested capital (ROIC) for MYRG stock is 13.77%.
- Is MYR Group Inc.'s return on invested capital (ROIC) high or low?
- MYR Group Inc.'s return on invested capital (ROIC) of 13.77% is 27% above its 5-year average of 10.84%, near the high end of its 5-year range (4.18%–13.77%).
- What is the TTM average return on invested capital (ROIC) for MYR Group Inc. (MYRG)?
- The TTM average return on invested capital (ROIC) for MYRG stock is 8.97%.
- What is the 3Y average return on invested capital (ROIC) for MYR Group Inc. (MYRG)?
- The 3Y average return on invested capital (ROIC) for MYRG stock is 10.06%.
- What is the 5Y average return on invested capital (ROIC) for MYR Group Inc. (MYRG)?
- The 5Y average return on invested capital (ROIC) for MYRG stock is 10.84%.
- What is the 10Y average return on invested capital (ROIC) for MYR Group Inc. (MYRG)?
- The 10Y average return on invested capital (ROIC) for MYRG stock is 9.06%.
- What is the 15Y average return on invested capital (ROIC) for MYR Group Inc. (MYRG)?
- The 15Y average return on invested capital (ROIC) for MYRG stock is 9.27%.
- What is the 20Y average return on invested capital (ROIC) for MYR Group Inc. (MYRG)?
- The 20Y average return on invested capital (ROIC) for MYRG stock is 8.66%.
MYR Group Inc. Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | 13.77% |
| 2024-12-31 | 4.18% |
| 2023-12-31 | 11.06% |
| 2022-12-31 | 11.22% |
| 2021-12-31 | 13.73% |
| 2020-12-31 | 11.08% |
| 2019-12-31 | 6.55% |
| 2018-12-31 | 7.76% |
| 2017-12-31 | 6.08% |
| 2016-12-31 | 6.24% |
| 2015-12-31 | 8.01% |
| 2014-12-31 | 10.57% |
| 2013-12-31 | 10.97% |
| 2012-12-31 | 12.59% |
| 2011-12-31 | 7.59% |
| 2010-12-31 | 6.98% |
| 2009-12-31 | 8.05% |
| 2008-12-31 | 12.17% |
| 2007-12-31 | 13.24% |
| 2006-12-31 | 0.00% |
| 2005-12-31 | 0.00% |
| 2004-12-31 | 0.00% |
| 1999-12-31 | 12.95% |
| 1998-12-31 | 15.86% |
| 1997-12-31 | 12.90% |
| 1996-12-31 | 10.91% |
| 1995-12-31 | 8.68% |
| 1994-12-31 | 9.44% |
| 1993-12-31 | 7.92% |
| 1992-12-31 | 15.04% |
Related Metrics
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.