MYR Group Inc
NASDAQ:MYRG

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MYR Group Inc
NASDAQ:MYRG
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Price: 152.3 USD 1.59%
Market Cap: 2.5B USD
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MYR Group Inc
Long-Term Investments

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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MYR Group Inc
Long-Term Investments Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Long-Term Investments CAGR 3Y CAGR 5Y CAGR 10Y
MYR Group Inc
NASDAQ:MYRG
Long-Term Investments
$5.8m
CAGR 3-Years
16%
CAGR 5-Years
7%
CAGR 10-Years
N/A
AECOM
NYSE:ACM
Long-Term Investments
$138.1m
CAGR 3-Years
-25%
CAGR 5-Years
-12%
CAGR 10-Years
0%
MasTec Inc
NYSE:MTZ
Long-Term Investments
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
EMCOR Group Inc
NYSE:EME
Long-Term Investments
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Comfort Systems USA Inc
NYSE:FIX
Long-Term Investments
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Quanta Services Inc
NYSE:PWR
Long-Term Investments
$178.1m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

MYR Group Inc
Glance View

Market Cap
2.5B USD
Industry
Construction

MYR Group Inc. has quietly carved a significant niche for itself within the specialized construction industry, focusing primarily on electrical infrastructure and services. Born in the realm of power and communication lines, MYR Group has built its legacy by keeping the lights on and ensuring seamless communication across North America. This company, originally established as a union of various regional firms, operates through a network of subsidiaries that provide diverse services—from high-voltage transmission line construction to commercial and industrial electrical contracting. By weaving together expertise in different but related domains, MYR Group is able to package a comprehensive suite of services that cater to utilities, governmental entities, and private sector clients, ensuring the steady flow of electricity and data that modern societies depend on. Central to MYR Group’s business model is its adaptability and diversification. The company not only capitalizes on long-term contracts with large utility companies but also taps into emerging opportunities in renewable energy projects, communication infrastructure, and maintenance services. These projects, often complex and technically demanding, allow MYR Group to leverage its extensive experience, skilled workforce, and strategic partnerships. Revenue flows in through contracts on large-scale projects, ongoing maintenance agreements, and specialty services that require high-level expertise. As the energy landscape evolves with increased renewable integration, MYR Group remains poised to thrive by aligning its capabilities with the inevitable shifts towards modernization and sustainability in infrastructure development.

MYRG Intrinsic Value
152.67 USD
Fairly Valued
Intrinsic Value
Price

See Also

What is MYR Group Inc's Long-Term Investments?
Long-Term Investments
5.8m USD

Based on the financial report for Sep 30, 2024, MYR Group Inc's Long-Term Investments amounts to 5.8m USD.

What is MYR Group Inc's Long-Term Investments growth rate?
Long-Term Investments CAGR 5Y
7%

Over the last year, the Long-Term Investments growth was 8%. The average annual Long-Term Investments growth rates for MYR Group Inc have been 16% over the past three years , 7% over the past five years .

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