MYR Group Inc
NASDAQ:MYRG
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Operating Margin
MYR Group Inc
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
Country | US |
Market Cap | 2.5B USD |
Operating Margin |
2%
|
Country | IN |
Market Cap | 56.9B EUR |
Operating Margin |
9%
|
Country | IN |
Market Cap | 5T INR |
Operating Margin |
9%
|
Country | FR |
Market Cap | 56B EUR |
Operating Margin |
12%
|
Country | US |
Market Cap | 48.1B USD |
Operating Margin |
5%
|
Country | CN |
Market Cap | 252.2B CNY |
Operating Margin |
5%
|
Country | ES |
Market Cap | 29.5B EUR |
Operating Margin |
9%
|
Country | NL |
Market Cap | 29.4B EUR |
Operating Margin |
9%
|
Country | CA |
Market Cap | 31.7B CAD |
Operating Margin |
9%
|
Country | US |
Market Cap | 21.3B USD |
Operating Margin |
9%
|
Country | CN |
Market Cap | 142.5B CNY |
Operating Margin |
4%
|
MYR Group Inc
Glance View
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.
See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on MYR Group Inc's most recent financial statements, the company has Operating Margin of 1.6%.