MYR Group Inc.
MYRG

$1.72 B
Marketcap
$104.23
Share price
Country
$1.24
Change (1 day)
$181.02
Year High
$86.60
Year Low

MYR Group Inc., through its subsidiaries, provides electrical construction services in the United States and Canada. It operates in two segments, Transmission and Distribution, and Commercial and Industrial. The Transmission and Distribution segment offers a range of services on electric transmission and distribution networks, and substation facilities, including design, engineering, procurement, construction, upgrade, maintenance, and repair services with primary focus on construction, maintenance, and repair to customers in the electric utility industry; and services, including construction and maintenance of high voltage transmission lines, substations, and lower voltage underground and overhead distribution systems, renewable power facilities, and limited gas construction services, as well as emergency restoration services in response to hurricane, ice, or other storm related damages. This segment serves as a prime contractor to customers, such as investor-owned utilities, cooperatives, private developers, government-funded utilities, independent power producers, independent transmission companies, industrial facility owners, and other contractors. The Commercial and Industrial segment provides a range of services, including design, installation, maintenance, and repair of commercial and industrial wiring; and installation of traffic networks, bridge, roadway, and tunnel lighting for airports, hospitals, data centers, hotels, stadiums, convention centers, renewable energy projects, manufacturing plants, processing facilities, waste-water treatment facilities, mining facilities, and transportation control and management systems. This segment serves general contractors, commercial and industrial facility owners, governmental agencies, and developers. The company was founded in 1891 and is headquartered in Henderson, Colorado.

marketcap

P/E ratio for MYR Group Inc. (MYRG)

P/E ratio as of 2023: 26.52

According to MYR Group Inc.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.52. At the end of 2022 the company had a P/E ratio of 18.51.

P/E ratio history for MYR Group Inc. from 1985 to 2023

PE ratio at the end of each year

Year P/E ratio
2023 26.52
2022 18.51
2021 21.90
2020 17.06
2019 14.34
2018 14.90
2017 27.49
2016 30.08
2015 15.53
2014 15.69
2013 15.02
2012 13.24
2011 21.08
2010 25.90
2009 20.71
2008 8.34
2007 -85.75
2006 0.00
2005 0.00
2004 0.00
1999 38.23
1998 41.42
1997 49.58
1996 93.50
1995 96.24
1994 155.83
1993 204.52
1992 90.90
1991 77.91
1990 93.50
1989 121.20
1988 -272.69
1987 -81.81
1986 -43.06
1985 -20.08