MYRG Q3 2023 Earnings — MYR Group Inc. Revenue & Financial Results | Market Cap Arena

MYRGMYR Group Inc.

$4B

Q3 2023 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$939M+17.5% YoY

Gross Profit

$92M9.8% margin

Operating Income

$32M3.4% margin

Net Income

$22M2.3% margin

EPS (Diluted)

$1.28

QoQ Revenue Growth

+5.7%

Cash Flow

Operating Cash Flow

$13M

Free Cash Flow

-$10M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$935M

Stockholders' Equity

$625M

Cash & Equivalents

$30M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$939M	$800M	+17.5%
Gross Profit	$92M	$86M	+7.0%
Operating Income	$32M	$27M	+18.7%
Net Income	$22M	$18M	+16.7%

Revenue Segments

Transmission And Distribution

$549M58%

Commercial And Industrial

$391M42%