MYRG Q2 2023 Earnings — MYR Group Inc. Revenue & Financial Results | Market Cap Arena

MYRGMYR Group Inc.

$4B

Q2 2023 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$889M+25.5% YoY

Gross Profit

$90M10.1% margin

Operating Income

$32M3.7% margin

Net Income

$22M2.5% margin

EPS (Diluted)

$1.33

QoQ Revenue Growth

+9.5%

Cash Flow

Operating Cash Flow

-$21M

Free Cash Flow

-$43M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$861M

Stockholders' Equity

$604M

Cash & Equivalents

$23M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$889M	$708M	+25.5%
Gross Profit	$90M	$81M	+11.5%
Operating Income	$32M	$26M	+23.6%
Net Income	$22M	$20M	+13.2%

Revenue Segments

Transmission And Distribution

$504M57%

Commercial And Industrial

$385M43%