MYRG Q1 2024 Earnings — MYR Group Inc. Revenue & Financial Results | Market Cap Arena

MYRGMYR Group Inc.

$4B

Q1 2024 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$816M+0.5% YoY

Gross Profit

$86M10.6% margin

Operating Income

$24M3.0% margin

Net Income

$19M2.3% margin

EPS (Diluted)

$1.12

QoQ Revenue Growth

-18.8%

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

-$18M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$920M

Stockholders' Equity

$664M

Cash & Equivalents

$4M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$816M	$812M	+0.5%
Gross Profit	$86M	$84M	+2.2%
Operating Income	$24M	$27M	-11.5%
Net Income	$19M	$23M	-18.2%

Revenue Segments

Commercial And Industrial

$1.5B70%

Transmission And Distribution

$675M30%