MYR Group (FRA:MYP) Gross Margin %: 13.44% (As of Mar. 2026) — 20% Above Median


FRA:MYP MYR Group Inc FRA:MYP
83 GF Score
Price €420.80
GF Value €160.04
Valuation Significantly Overvalued
! 8 Warning Signs
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What is MYR Group Gross Margin %?

MYR Group FRA:MYP +3.24% 83 Gross Margin % is 13.44% as of Mar. 2026, which is 20% above its 10-year median of 11.17. GuruFocus rates FRA:MYP with a GF Score™ of 83/100 and a GF Value™ of €160.04 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,719 Construction companies, MYR Group ranks worse than 74.05% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. MYR Group's Gross Profit for the three months ended in Mar. 2026 was €116 Mil. MYR Group's Revenue for the three months ended in Mar. 2026 was €865 Mil. Therefore, MYR Group's Gross Margin % for the quarter that ended in Mar. 2026 was 13.44%.

Warning Sign:

MYR Group Inc gross margin has been in long-term decline. The average rate of decline per year is -4.6%.


The historical rank and industry rank for MYR Group's Gross Margin % or its related term are showing as below:

FRA:MYP' s Gross Margin % Range Over the Past 10 Years
Min: 8.63   Med: 11.17   Max: 13.01
Current: 12.06


During the past 13 years, the highest Gross Margin % of MYR Group was 13.01%. The lowest was 8.63%. And the median was 11.17%.

FRA:MYP's Gross Margin % is ranked worse than
74.05% of 1719 companies
in the Construction industry
Industry Median: 20.71 vs FRA:MYP: 12.06

MYR Group had a gross margin of 13.44% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for MYR Group was -4.60% per year.


MYR Group  (FRA:MYP) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

MYR Group had a gross margin of 13.44% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


MYR Group Gross Margin % Related Terms


MYR Group Gross Margin % Historical Data

* Premium members only.

The historical data trend for MYR Group's Gross Margin % 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.

MYR Group Gross Margin % Chart

MYR Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.01 11.43 10.00 8.63 11.59

MYR Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % 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 11.62 11.52 11.77 11.43 13.44

FRA:MYP vs TTEK, ECG, PRIM: Gross Margin % Comparison

For the Engineering & Construction subindustry, MYR Group's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Construction Industry

For the Construction industry and Industrials sector, MYR Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where MYR Group's Gross Margin % falls into.


FRA:MYP
83GF Score
MYR Group Inc FRA:MYP
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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MYR Group Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

MYR Group's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=361.9 / 3123.837
=(Revenue - Cost of Goods Sold) / Revenue
=(3123.837 - 2761.924) / 3123.837
=11.59 %

MYR Group's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=116.3 / 865.329
=(Revenue - Cost of Goods Sold) / Revenue
=(865.329 - 749.038) / 865.329
=13.44 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 13.44% mean?
MYR Group (FRA:MYP) has a Gross Margin % of 13.44% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on MYR Group and its competitors. This is 20% above median its historical median of 11.17. Over the past decade, MYR Group's Gross Margin % has ranged from 8.63 to 13.01. According to the industry distribution chart, MYR Group ranks #1273 out of 1719 companies in the Construction industry, placing it in the top 74.1%.
Is MYR Group's Gross Margin % too high?
MYR Group's current Gross Margin % of 13.44% is 20% above median its 10-year median of 11.17. Over the past 10 years, this metric has ranged from a low of 8.63 to a high of 13.01. The Construction industry median Gross Margin % is 20.71. MYR Group's value of 13.44% is 35.1% below this industry median. Based on the distribution chart, MYR Group ranks #1273 out of 1719 companies in the Construction industry, which is below the industry midpoint. Overall, MYR Group has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MYR Group's Gross Margin % compare to TTEK and ECG?
According to the Construction industry distribution chart, MYR Group ranks #1273 out of 1719 companies for Gross Margin %. This places MYR Group in the lower half of its industry. The industry median Gross Margin % is 20.71. MYR Group's value of 13.44% is 35.1% below this benchmark. Historically, MYR Group's own Gross Margin % has ranged from 8.63 to 13.01 over the past decade. While the company's 10-year median is 11.17 vs. the industry median of 20.71, MYR Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Construction company?
The median Gross Margin % among Construction companies is 20.71, based on 1,719 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MYR Group's current Gross Margin % of 13.44% is 35.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on MYR Group and its competitors. For the Construction industry, the median Gross Margin % is 20.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MYR Group's current Gross Margin % is 13.44%, which is 20% above median its own 10-year median of 11.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MYR Group stock overvalued right now?
Based on GuruFocus' analysis, MYR Group (FRA:MYP) is currently considered Significantly Overvalued. The stock's GF Value™ is €160.04, compared to a current price of €420.80 — trading 162.9% above its estimated fair value. The current Gross Margin % is 13.44%, which is 20% above median its 10-year median of 11.17 and 35.1% below the Construction industry median of 20.71. MYR Group's overall GF Score™ is 83/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For MYR Group (FRA:MYP), the current Gross Margin % is 13.44% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MYR Group (FRA:MYP) Overvalued in 2026?

Based on GuruFocus' analysis, MYR Group stock appears to be overvalued. The current stock price of €420.80 is trading 162.9% above its estimated GF Value™ of €160.04. GuruFocus considers MYR Group to be Significantly Overvalued.

Key valuation signals for FRA:MYP:

  • Gross Margin %: 13.44% (20% above median its 10-year median of 11.17)
  • GF Value™: €160.04 vs. price of €420.80 (162.9% above fair value)
  • GF Score™: 83/100 with 8 warning signs
  • Industry Position: 35.1% below the Construction median (#1273 of 1719)

No single metric tells the full story. See the FRA:MYP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MYR Group Business Description

Other Exchanges MYRG:USAMYP:Germany
Address 12121 Grant Street, Suite 610, Thornton, CO, USA, 80241
MYR Group Inc is a U.S. based holding company of specialty electrical construction service providers. Through its subsidiaries, it serves electric utility, commercial, and industrial construction markets in the United States and Canada, offering services such as design, engineering, procurement, construction, upgrades, maintenance, and repair, with a focus on construction, maintenance, and repair work. The company operates through two segments: Transmission and Distribution (T&D) and Commercial and Industrial (C&I). The majority of revenue is derived from the T&D segment, which provides a range of services on electric transmission and distribution networks and substation facilities, which include design, engineering, procurement, construction, upgrade and maintenance and repair services.
83GF Score

Get the complete analysis for FRA:MYP

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€420.80
Price
€160.04
GF Value