Is MYR GROUP INC. financially healthy?

MYR GROUP INC. scores 8 out of 9 on the Piotroski F-score. Its Altman Z-score puts it in the safe zone. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.

Who are the largest institutional holders of MYR GROUP INC.?

Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (adding), STATE STREET CORP (adding), PRICE T ROWE ASSOCIATES INC /MD/ (adding). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

MYR GROUP INC. (MYRG)

Nasdaq · Common Stock · Water, Sewer, Pipeline, Comm & Power Line Construction

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Renewable energy company

Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

8 / 9

PASSReturn on assets positiveROA 7.2%
PASSOperating cash flow positiveOCF 327M
PASSReturn on assets improving1.9% → 7.2%
PASSCash flow exceeds earningsOCF 327M vs NI 118M
PASSLong-term debt ratio falling4.4% → 3.3% of assets
FAILCurrent ratio improving1.35 → 1.33
PASSNo share dilution17M → 16M shares
PASSGross margin improving8.6% → 11.6%
PASSAsset turnover improving2.14× → 2.22×

Altman Z-score

6.14safe

Bankruptcy-risk screen combining working capital, retained earnings, operating income, market value against liabilities, and asset turnover. Above 2.99 is the safe zone; below 1.81 is distress.

Cash conversion: 275.8%
Share count change: -4.8%

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2020	$2.2B	$58.8M	$130.8M	12.3%	16,890,000
FY2021	$2.5B	$85.0M	$84.9M	13.0%	17,161,000
FY2022	$3.0B	$83.4M	$90.4M	11.4%	16,980,000
FY2023	$3.6B	$91.0M	−$13.7M	10.0%	16,837,000
FY2024	$3.4B	$30.3M	$11.2M	8.6%	16,526,000
FY2025

Ownership flow

14 institutions tracked — 7 added, 5 reduced, 2 opened a new position.

Institutional holders of MYR GROUP INC. and their share-count change
Manager	Kind	Shares	Change	Value
PRICE T ROWE ASSOCIATES INC /MD/	Active fund	449,356	+368,382	$224.9M
WELLINGTON MANAGEMENT GROUP LLP	Active fund	318,333	−325,995	$159.3M
Capital World Investors	Active fund	158,392	−60,783	$79.3M
FMR LLC	Active fund	108,649	+59,324	$54.4M

Capital returned

What the company actually paid out and bought back, as reported — the record behind any yield figure.

Shares repurchased

2026Q1: $0
2025Q1: $75.0M
2024Q1: $0
2022Q1: $6.8M
2021Q1: $2.6M
2020Q1: $425,000

Identity

CIK: 0000700923
LEI: 529900G1IMMZHOQ17I54
FIGI: BBG000BC7VW9
SIC: 1623 · Water, Sewer, Pipeline, Comm & Power Line Construction
Incorporated: DE
Headquarters: THORNTON, CO

Ownership

Institutional: 104.0%
Institutions: 629
Insiders: 1.9%

Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.

Other water, sewer, pipeline, comm & power line construction companies

MYR GROUP INC. files under SIC 1623 — all 5 water, sewer, pipeline, comm & power line construction companies compared on assets and F-score.

MASTEC INCMTZ DYCOM INDUSTRIES INCDY Primoris Services CorpPRIM PREFORMED LINE PRODUCTS COPLPC

Questions about MYR GROUP INC.

Is MYR GROUP INC. financially healthy?: MYR GROUP INC. scores 8 out of 9 on the Piotroski F-score. Its Altman Z-score puts it in the safe zone. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.
Who are the largest institutional holders of MYR GROUP INC.?: Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (adding), STATE STREET CORP (adding), PRICE T ROWE ASSOCIATES INC /MD/ (adding). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

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Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.