MYRG Q3 2024 Earnings — MYR Group Inc. Revenue & Financial Results | Market Cap Arena

MYRGMYR Group Inc.

$4B

Q3 2024 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$888M-5.5% YoY

Gross Profit

$77M8.7% margin

Operating Income

$20M2.3% margin

Net Income

$11M1.2% margin

EPS (Diluted)

$0.65

QoQ Revenue Growth

+7.1%

Cash Flow

Operating Cash Flow

$36M

Free Cash Flow

$18M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$1.0B

Stockholders' Equity

$589M

Cash & Equivalents

$8M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$888M	$939M	-5.5%
Gross Profit	$77M	$92M	-16.3%
Operating Income	$20M	$32M	-36.4%
Net Income	$11M	$22M	-50.5%

Revenue Segments

Commercial And Industrial

$1.8B75%

Transmission And Distribution

$582M25%