Myr Group Inc. (MYRG) intrinsic value & 10-year financials
Myr Group Inc. (MYRG) has a Graham intrinsic value of $250.11 per share. At $280.16 on Oct 17, 2026, the stock trades 12% above that value. Over the last 10 fiscal years revenue grew 13.8% a year to $3.7B, with an average return on invested capital of 12.0%.
- Graham intrinsic value
- $250.11
- Share price (Oct 17, 2026)
- $280.16
- Price vs Graham value
- 12% above
- Market cap
- $4.4B
- Revenue (FY2025)
- $3.7B
- Revenue growth (10-yr CAGR)
- 13.8%
- ROIC (10-yr avg)
- 12.0%
- Free cash flow (FY2025)
- $232.2M
MYRG 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $3.7B | $118.4M | $7.53 | $232.2M | 4.6% | 18.8% |
| FY2024 | $3.4B | $30.3M | $1.83 | $11.2M | 1.6% | 5.1% |
| FY2023 | $3.6B | $91.0M | $5.40 | -$13.7M | 3.5% | 14.9% |
| FY2022 | $3.0B | $83.4M | $4.91 | $90.4M | 3.8% | 16.3% |
| FY2021 | $2.5B | $85.0M | $4.95 | $84.9M | 4.7% | 19.1% |
| FY2020 | $2.2B | $58.8M | $3.48 | $130.8M | 3.9% | 12.7% |
| FY2019 | $2.1B | $37.7M | $2.26 | $7.1M | 2.8% | 8.8% |
| FY2018 | $1.5B | $31.1M | $1.87 | $34.1M | 3.3% | 9.5% |
| FY2017 | $1.4B | $21.2M | $1.28 | -$40.0M | 2.1% | 7.7% |
| FY2016 | $1.1B | $21.4M | $1.23 | $29.1M | 3.4% | 7.3% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
MYR GROUP INC. is a consistent compounder, expanding top-line revenue at 13.8% annually over the past decade.
MYR GROUP INC. returns on capital have been average, hovering around 12.0% ROIC over the decade.
MYR GROUP INC. has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, MYR GROUP INC. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $250.11 per share.