MYR GROUP INC.
Close on Oct 19, 2026
- Market cap
- $4.48B
- P/E (TTM)
- 27.0
- Dividend yield
- –
About MYR
Water, Sewer, Pipeline, Comm & Power Line Construction, SIC 1623
MYR Group Inc. provides specialized electrical construction services through two operating segments: Transmission and Distribution (T&D) and Commercial and Industrial (C&I). The company offers engineering, procurement, construction, maintenance, and upgrade services for electric transmission lines, substations, distribution networks, clean energy installations, and electric vehicle charging infrastructure. It also delivers electrical wiring, intelligent transportation systems, and roadway lighting for facilities such as data centers, airports, and hospitals. Customers include investor-owned utilities, cooperatives, independent power producers, governmental entities, commercial facility owners, and general contractors.
The company operates through wholly-owned subsidiaries and local offices across the United States and Canada, with its T&D operations extending into Ontario and C&I services into western Canada. As of December 31, 2025, the business employed approximately 9,000 individuals, consisting of about 7,200 craft workers and 1,800 administrative and managerial personnel. Its principal executive offices are located in Thornton, Colorado.
Summary of the business section of MYR's latest annual report, written by StockData.
Company profile
Company
- Legal name
- MYR GROUP INC.
- Founded
- 1995
- Headquarters
- Thornton, CO
- Address
- 12121 Grant Street, Suite 610 80241
- Phone
- (303) 286-8000
- Website
- myrgroup.com
- Employees
- 9,000, Dec 31, 2025
- Industry
- Water, Sewer, Pipeline, Comm & Power Line Construction
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Crowe LLP, Oakbrook Terrace, Illinois
Stock & identifiers
- Ticker
- MYRG
- Exchange
- Nasdaq
- IPO date
- Aug 13, 2008
- Shares outstanding
- 16M, Jul 24, 2026
- Public float
- $2.38B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 700923
- CUSIP
- 55405W104
- ISIN
- US55405W1045
- LEI
- 529900G1IMMZHOQ17I54
- EIN
- 36-3158643
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Kelly Michelle Huntington | Senior VP and CFO | 5,450 |
| William Fry | SVP, CLO and Secretary | 16,843 |
| Brian K. Stern | SVP and COO T&D | 4,339 |
| Don A. Egan | SVP and COO C&I | 7,858 |
| Richard S. Swartz Jr. | President and CEO | 164,348 |
| Aurelie Pascale Richard | Director | 758 |
| Donald C.I. Lucky | Director | 5,579 |
| Kenneth Michael Hartwick | Director | 18,631 |
| Shirin O'Connor | Director | 6,653 |
| Ajoy Hari Karna | Director | 4,130 |
| Bradley Thede Favreau | Director | 412,060 |
| Jennifer Elaine Lowry | Director | 11,819 |
| William Patterson | Director | 33,295 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr. Swartz | $6.39M | $14.41M | $1.98M | $364 | $517 |
| FY2024 Mr. Swartz | $4.26M | $1.82M | $1.21M | $248 | $349 |
| FY2023 Mr. Swartz | $4.62M | $8.75M | $1.08M | $241 | $211 |
| FY2022 Mr. Swartz | $4.25M | $2.32M | $1.56M | $153 | $152 |
| FY2021 Mr. Swartz | $4.14M | $11.95M | $1.64M | $184 | $144 |
| FY2020 Mr. Swartz | $3.28M | $8.02M | $1.40M | $184 | $130 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had approximately 9,000 employees, consisting of approximately 7,200 craft employees, with the remaining 1,800 employees mainly consisting of district managers, project managers, superintendents, estimators, office managers, administrative staff, clerical personnel and executive officers.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jul 15, 2019 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jul 3, 2018 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jun 30, 2017 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Apr 23, 2009 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Aug 21, 2008 | Listing | Registration of securities on an exchange (Form 8-A) |
| Apr 27, 2000 | Deregistration | Termination of SEC registration (Form 15) |
| Mar 25, 1996 | Name change | Name changed from MYERS L E CO GROUP to MYR GROUP INC |