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MYR Group (FRA:MYP) Capex-to-Operating-Income : 1.13 (As of Mar. 2024)


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What is MYR Group Capex-to-Operating-Income?

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

MYR Group's Capital Expenditure for the three months ended in Mar. 2024 was €-23.72 Mil. Its Operating Income for the three months ended in Mar. 2024 was €20.96 Mil.

Hence, MYR Group's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 1.13.


MYR Group Capex-to-Operating-Income Historical Data

The historical data trend for MYR Group's Capex-to-Operating-Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MYR Group Capex-to-Operating-Income Chart

MYR Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.08 0.53 0.45 0.69 0.68

MYR Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Capex-to-Operating-Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.75 0.71 0.71 0.58 1.13

Competitive Comparison of MYR Group's Capex-to-Operating-Income

For the Engineering & Construction subindustry, MYR Group's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MYR Group's Capex-to-Operating-Income Distribution in the Construction Industry

For the Construction industry and Industrials sector, MYR Group's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where MYR Group's Capex-to-Operating-Income falls into.



MYR Group Capex-to-Operating-Income Calculation

MYR Group's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-77.703) / 114.514
=0.68

MYR Group's Capex-to-Operating-Income for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-23.72) / 20.959
=1.13

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


MYR Group  (FRA:MYP) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.


MYR Group Capex-to-Operating-Income Related Terms

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MYR Group (FRA:MYP) Business Description

Industry
Traded in Other Exchanges
Address
12121 Grant Street, Suite 610, Thornton, CO, USA, 80241
MYR Group Inc is a U.S.-based holding company that provides specialty electrical construction services through its subsidiaries. The company operates through two segments. The transmission and distribution segment provides designing, engineering, procurement, construction, upgrade, maintenance, and repair services on transmission and distribution network and substation facilities. The commercial and industrial segment provides services such as the design, installation, maintenance, and repair of commercial and industrial wiring, installation of traffic networks, and the installation of bridges. MYR Group generates the majority of its sales from the United States and Canada.

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