MYRG Q1 2023 Earnings — MYR Group Inc. Revenue & Financial Results | Market Cap Arena

MYRGMYR Group Inc.

$4B

Q1 2023 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$812M+27.5% YoY

Gross Profit

$84M10.4% margin

Operating Income

$27M3.4% margin

Net Income

$23M2.9% margin

EPS (Diluted)

$1.38

QoQ Revenue Growth

-6.1%

Cash Flow

Operating Cash Flow

$37M

Free Cash Flow

$18M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$783M

Stockholders' Equity

$578M

Cash & Equivalents

$47M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$812M	$637M	+27.5%
Gross Profit	$84M	$80M	+4.9%
Operating Income	$27M	$25M	+10.1%
Net Income	$23M	$21M	+12.0%

Revenue Segments

Transmission And Distribution

$445M55%

Commercial And Industrial

$366M45%