MYR Group Inc. (MYRG)

MYR Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	3,537	3,644	3,009	2,498	2,247	2,071
Revenue Growth (YoY)	0.94%	21.12%	20.42%	11.16%	8.51%	35.27%
Cost of Revenue	3,235	3,280	2,665	2,173	1,972	1,857
Gross Profit	301.87	364.4	343.96	324.98	275.85	214.16
Selling, General & Admin	241.52	234.61	222.42	207.21	188.54	156.67
Operating Expenses	246.41	239.52	231.43	209.52	192.12	160.52
Operating Income	55.46	124.88	112.53	115.46	83.73	53.64
Interest Expense	-6.19	-4.94	-3.56	-1.8	-4.56	-6.23
Interest & Investment Income	0.44	0.89	0.19	0.07	0.01	0
Currency Exchange Gain (Loss)	-	-	-	-0.1	-	-
Other Non Operating Income (Expenses)	-0.6	-0.24	1.97	-0.43	-0.61	1.49
EBT Excluding Unusual Items	49.12	120.59	111.13	113.21	78.57	48.9
Gain (Loss) on Sale of Assets	5.67	4.21	2.38	3.1	2.81	3.54
Other Unusual Items	0.2	0.2	0.7	-	-	-2
Pretax Income	54.98	125	114.2	116.31	81.39	50.44
Income Tax Expense	16.63	34.01	30.82	31.3	22.63	14.23
Earnings From Continuing Operations	38.35	90.99	83.38	85.01	58.76	36.21
Minority Interest in Earnings	-	-	-	0	-	1.48
Net Income	38.35	90.99	83.38	85.01	58.76	37.69
Net Income to Common	38.35	90.99	83.38	85.01	58.76	37.69
Net Income Growth	-58.09%	9.13%	-1.92%	44.68%	55.90%	21.24%
Shares Outstanding (Basic)	17	17	17	17	17	17
Shares Outstanding (Diluted)	17	17	17	17	17	17
Shares Change (YoY)	-0.63%	-0.84%	-1.05%	1.60%	1.14%	0.69%
EPS (Basic)	2.31	5.45	4.97	5.05	3.52	2.27
EPS (Diluted)	2.29	5.40	4.91	4.95	3.48	2.26
EPS Growth	-57.90%	9.98%	-0.81%	42.24%	53.98%	20.86%
Free Cash Flow	24.04	-13.72	90.43	84.87	130.81	7.07
Free Cash Flow Per Share	1.44	-0.81	5.33	4.95	7.74	0.42
Gross Margin	8.54%	10.00%	11.43%	13.01%	12.27%	10.34%
Operating Margin	1.57%	3.43%	3.74%	4.62%	3.73%	2.59%
Profit Margin	1.08%	2.50%	2.77%	3.40%	2.61%	1.82%
Free Cash Flow Margin	0.68%	-0.38%	3.01%	3.40%	5.82%	0.34%
EBITDA	119.86	184.02	170.7	161.67	130.19	98.15
EBITDA Margin	3.39%	5.05%	5.67%	6.47%	5.79%	4.74%
D&A For EBITDA	64.4	59.14	58.17	46.21	46.45	44.52
EBIT	55.46	124.88	112.53	115.46	83.73	53.64
EBIT Margin	1.57%	3.43%	3.74%	4.62%	3.73%	2.59%
Effective Tax Rate	30.24%	27.21%	26.99%	26.91%	27.80%	28.21%
Advertising Expenses	-	1.8	1.2	0.8	0.7	0.8

Source: S&P Capital IQ. Standard template. Financial Sources.