MYRG Q3 2022 Earnings — MYR Group Inc. Revenue & Financial Results | Market Cap Arena

MYRGMYR Group Inc.

$4B

Q3 2022 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$800M+31.1% YoY

Gross Profit

$86M10.8% margin

Operating Income

$27M3.4% margin

Net Income

$18M2.3% margin

EPS (Diluted)

$1.09

QoQ Revenue Growth

+13.0%

Cash Flow

Operating Cash Flow

$14M

Free Cash Flow

-$4M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$794M

Stockholders' Equity

$536M

Cash & Equivalents

$36M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$800M	$610M	+31.1%
Gross Profit	$86M	$84M	+2.9%
Operating Income	$27M	$31M	-12.8%
Net Income	$18M	$23M	-20.4%

Revenue Segments

Transmission And Distribution

$452M57%

Commercial And Industrial

$348M43%