MYR GROUP INC.

For the period ended Dec 31, 2025. Filed Feb 25, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 25, 2026

MYRG$272.81-2.3%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets as of and

CONSOLIDATED BALANCE SHEETS

	December 31,
(in thousands, except share and per share data)	2025	2024
ASSETS
Current assets
Cash and cash equivalents	$150,156	$3,464
Accounts receivable, net of allowances of $934 and $1,129, respectively	603,735	653,069
Contract assets, net of allowances of $534 and $422, respectively	241,766	216,687
Current portion of receivable for insurance claims in excess of deductibles	10,122	9,081
Refundable income taxes	—	4,638
Prepaid expenses and other current assets	54,982	42,468
Total current assets	1,060,761	929,407
Property and equipment, net of accumulated depreciation of $413,962 and $387,223, respectively	306,386	278,226
Operating lease right-of-use assets	42,448	42,648
Goodwill	115,266	112,983
Intangible assets, net of accumulated amortization of $39,967 and $34,573, respectively	72,476	75,691
Receivable for insurance claims in excess of deductibles	21,358	34,553
Deferred income taxes	12,723	5,734
Investment in joint venture	3,224	3,730
Other assets	9,437	5,832
Total assets	$1,644,079	$1,488,804
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities
Current portion of long-term debt	$4,554	$4,363
Current portion of operating lease obligations	13,019	12,141
Current portion of finance lease obligations	804	1,046
Accounts payable	314,789	295,476
Contract liabilities, net	300,560	236,703
Current portion of accrued self-insurance	28,499	25,883
Accrued income taxes	15,129	196
Other current liabilities	117,923	87,837
Total current liabilities	795,277	663,645
Deferred income tax liabilities	50,119	52,498
Long-term debt	54,483	70,018
Accrued self-insurance	42,827	53,600
Operating lease obligations, net of current maturities	29,429	30,496
Finance lease obligations, net of current maturities	1,220	1,930
Other liabilities	10,301	16,257
Total liabilities	983,656	888,444
Commitments and contingencies
Shareholders’ equity
Preferred stock – $0.01 par value per share; 4,000,000 authorized shares; none issued and outstanding at December 31, 2025 and December 31, 2024	—	—
Common stock – $0.01 par value per share; 100,000,000 authorized shares; 15,522,834 and 16,121,901 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively	155	161
Additional paid-in capital	165,211	159,133
Accumulated other comprehensive loss	(8,183)	(12,651)
Retained earnings	503,240	453,717
Total shareholders’ equity	660,423	600,360
Total liabilities and shareholders’ equity	$1,644,079	$1,488,804

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.