MYR Group

MYR Group is an electrical contractor specializing in transmission and distribution, substation and commercial and industrial construction. Read more

2,485 Followers on Owler
2,485 Followers on Owler
2,485 Followers on Owler
2,485 Followers on Owler

MYR Group

MYR Group is an electrical contractor specializing in transmission and distribution, substation and commercial and industrial construction. Read more

Rick S. Swartz's photo - President & CEO of MYR Group

President & CEO

Rick S. Swartz

CEO Approval Rating

69/100

Founded:

1891

Status:

PublicIndependent CompanyNASDAQMYRG

MYR GROUP TOP COMPETITORS OR ALTERNATIVES

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COMPANY

CEO

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EMPLOYEES

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Henkels & McCoy is one of MYR Group's top competitors. Henkels & McCoy was founded in 1923 in Blue Bell, Pennsylvania. Henkels & McCoy operates in the Renewable Energy Equipment & Services industry. Henkels & McCoy generates $1.4B less revenue than MYR Group.

MasTec is a top competitor of MYR Group. MasTec was founded in 1929, and is headquartered in Coral Gables, Florida. MasTec is in the Renewable Energy Equipment & Services industry. MasTec generates $4.1B more revenue vs. MYR Group.

MDU Resources is seen as one of MYR Group's top competitors. MDU Resources is headquartered in Bismarck, North Dakota, and was founded in 1924. MDU Resources is in the Construction Materials field. MDU Resources generates 246% the revenue of MYR Group.

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MYR Group Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$2.2B

MYR Group's revenue is the ranked 9th among it's top 10 competitors. The top 10 competitors average 4.5B. Over the last four quarters, MYR Group's revenue has grown by 15.5%. Specifically, in Q1 2021's revenue was $592.5M; in Q4 2020, it was $608M; in Q3 2020, it was $607.9M; in Q2 2020, MYR Group's revenue was $513.1M.

MYR Group Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
CSI Electrical Contractors, Inc.

Jul 2019

Source »
$79.7M
CSI is an electrical contractor that provides electrical design, construction and preventive maintenance services.
Huen Electric

Jul 2018

Source »
$47.1M
Huen is an electrical construction and engineering firm that specializes in building information modeling and integrated project delivery technologies.
Western Pacific Enterprises

Oct 2016

Source »
$12M
WPE is a provider of electrical contractor services for commercial, institutional, security, power generation and transportation markets.

These are all the companies that MYR Group has acquired. MYR Group has acquired 3 companies and its latest acquisition was CSI Electrical Contractors, Inc. in Jul 2019. CSI is an electrical contractor that provides electrical design, construction and preventive maintenance services.

MYR Group Funding History

Since MYR Group was founded in 1891, it has participated in 1 round of funding. In total MYR Group has raised $326.9M. MYR Group's funding round was on Aug 2008 for a total of $326.9M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Aug 2008
$326.9M

Since MYR Group was founded in 1891, it has participated in 1 round of funding. In total MYR Group has raised $326.9M. MYR Group's funding round was on Aug 2008 for a total of $326.9M

MYR Group Investments

No recent investments found related to MYR Group

These are all the companies that MYR Group has invested in. MYR Group has invested 3 companies and its latest investment was CSI Electrical Contractors, Inc. in Jul 2019. CSI is an electrical contractor that provides electrical design, construction and preventive maintenance services.

MYR Group News

April 6, 2021Zacks

Is There Still Room to Run?

MYR (MYRG) is at a 52-week high, but can investors hope for more gains in the future? We take a look ... See more »
March 12, 2021Zacks

MYR (MYRG) Hits 52-Week High, Can the Run Continue?

MYR (MYRG) is at a 52-week high, but can investors hope for more gains in the future? We take a look ... See more »
January 8, 2021MarketScreener

Receives World-Wide Recognition as One of Fortune's 2020 Top 100 Fastest-Growing Companies!

(marketscreener.com) Subscribe ► Subscribe here to receive MYR Group Investor News & Corporate Press ... See more »
December 30, 2020Zacks

MYR Group's (MYRG) Shares March Higher, Can It Continue?

As of late, it has definitely been a great time to be an investor in MYR Group Inc. (MYRG).... See more »
November 25, 2020Zolmax News

MYR Group (NASDAQ:MYRG) Reaches New 52-Week High at $50.18

Shares of MYR Group Inc. (NASDAQ:MYRG) hit a new 52-week high during mid-day trading on Monday . The ... See more »
November 10, 2020Zacks

MYR (MYRG) Soars to 52-Week High, Time to Cash Out?

MYR (MYRG) is at a 52-week high, but can investors hope for more gains in the future? We take a look ... See more »

MYR Group Press Releases

July 18, 2019streetinsider

FMI Advises CSI on Sale to MYR

RALEIGH, N.C., July 18, 2019 /PRNewswire/ -- FMI Capital Advisors Inc., a subsidiary of FMI Corporati... See more »
November 1, 2017econotimes

MYR Group Inc. Announces Third-Quarter and First Nine-Months 2017 Results

MYR Group Inc. (“MYR”) (NASDAQ:MYRG), a holding company of leading specialty contractors serving the ... See more »
August 3, 2017Accesswire

MYR Group Inc. to Host Earnings Call

NEW YORK, NY / ACCESSWIRE / August 3, 2017 / MYR Group Inc. (NASDAQ: MYRG) will be discussing their e... See more »
March 8, 2017Blackbird

MYR Group Inc. Announces Fourth-Quarter and Full-Year 2016 Results

ROLLING MEADOWS, Ill., March 09, 2017 (GLOBE NEWSWIRE) - MYR Group Inc. ("MYR" or the "Company") (NAS... See more »

MYR Group Videos

Social Media

MYR Group Headquarters

1701 Golf Rd Suite 3-1012

Rolling Meadows, Illinois60008

1-847-290-1891

Driving Directions »

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MYR Group Summary

ABOUT

Overview

MYR Group is an electrical contractor specializing in transmission and distribution, substation and commercial and industrial construction. MYR Group was founded in 1891. MYR Group's headquarters is located in Rolling Meadows, Illinois, USA 60008. It ...

CEO

MYR Group's President & CEO, Rick S. Swartz, currently has an approval rating of 69%. MYR Group's primary competitors are Henkels & McCoy, MasTec & MDU Resources.

Website

myrgroup.com

Frequently Asked Questions about MYR Group

  1. When was MYR Group founded?

    MYR Group was founded in 1891
  2. Who is MYR Group's CEO?

    MYR Group's CEO is Rick S. Swartz
  3. How much revenue does MYR Group generate?

    MYR Group generates $2.2B in revenue
  4. How much funding does MYR Group have?

    MYR Group has historically raised $326.9M in funding
  1. Where is MYR Group's headquarters?

    MYR Group's headquarters is in Rolling Meadows Illinois, USA
  2. How many employees does MYR Group have?

    MYR Group has 5,500 employees
  3. What sector does MYR Group operate in?

    MYR Group is in Diversified construction
  4. Who are MYR Group's competitors?

    MYR Group's top competitors are Henkels & McCoy, MasTec, MDU Resources