MYR Group (FRA:MYP) Interest Coverage: 96.82 (As of Mar. 2026) — 344% 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 Interest Coverage?

MYR Group FRA:MYP +3.24% 83 Interest Coverage is 96.82 as of Mar. 2026, which is 344% above its 10-year median of 21.82. 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 1,354 Construction companies, MYR Group ranks better than 77.92% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. MYR Group's Operating Income for the three months ended in Mar. 2026 was €55 Mil. MYR Group's Interest Expense for the three months ended in Mar. 2026 was €-1 Mil. MYR Group's interest coverage for the quarter that ended in Mar. 2026 was 96.82. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for MYR Group's Interest Coverage or its related term are showing as below:

FRA:MYP' s Interest Coverage Range Over the Past 10 Years
Min: 7.24   Med: 21.82   Max: 64.18
Current: 39.49


FRA:MYP's Interest Coverage is ranked better than
77.92% of 1354 companies
in the Construction industry
Industry Median: 7.865 vs FRA:MYP: 39.49

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


MYR Group  (FRA:MYP) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


MYR Group Interest Coverage Related Terms


MYR Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for MYR Group's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

MYR Group Interest Coverage Chart

MYR Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.19 31.59 25.28 7.24 28.79

MYR Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 23.47 20.57 31.08 51.17 96.82

FRA:MYP vs TTEK, ECG, PRIM: Interest Coverage Comparison

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

For the Construction industry and Industrials sector, MYR Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where MYR Group's Interest Coverage falls into.


FRA:MYP
83GF Score
MYR Group Inc FRA:MYP
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MYR Group Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

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

Here, for the fiscal year that ended in Dec. 2025, MYR Group's Interest Expense was €-5 Mil. Its Operating Income was €139 Mil. And its Long-Term Debt & Capital Lease Obligation was €73 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*138.87/-4.823
=28.79

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

Here, for the three months ended in Mar. 2026, MYR Group's Interest Expense was €-1 Mil. Its Operating Income was €55 Mil. And its Long-Term Debt & Capital Lease Obligation was €37 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*55.187/-0.57
=96.82

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 96.82 mean?
MYR Group (FRA:MYP) has a Interest Coverage of 96.82 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on MYR Group and its competitors. This is 344% above median its historical median of 21.82. Over the past decade, MYR Group's Interest Coverage has ranged from 7.24 to 64.18. According to the industry distribution chart, MYR Group ranks #299 out of 1354 companies in the Construction industry, placing it in the top 22.1%.
Is MYR Group's Interest Coverage too high?
MYR Group's current Interest Coverage of 96.82 is 344% above median its 10-year median of 21.82. Over the past 10 years, this metric has ranged from a low of 7.24 to a high of 64.18. The Construction industry median Interest Coverage is 7.87. MYR Group's value of 96.82 is 1131% above this industry median. Based on the distribution chart, MYR Group ranks #299 out of 1354 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. 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 Interest Coverage compare to TTEK and ECG?
According to the Construction industry distribution chart, MYR Group ranks #299 out of 1354 companies for Interest Coverage. This places MYR Group in the top 22% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 7.87. MYR Group's value of 96.82 is 1131% above this benchmark. Historically, MYR Group's own Interest Coverage has ranged from 7.24 to 64.18 over the past decade. While the company's 10-year median is 21.82 vs. the industry median of 7.87, MYR Group has consistently been above 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 Interest Coverage for a Construction company?
The median Interest Coverage among Construction companies is 7.87, based on 1,354 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MYR Group's current Interest Coverage of 96.82 is 1131% above 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on MYR Group and its competitors. For the Construction industry, the median Interest Coverage is 7.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MYR Group's current Interest Coverage is 96.82, which is 344% above median its own 10-year median of 21.82. 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 Interest Coverage is 96.82, which is 344% above median its 10-year median of 21.82 and 1131% above the Construction industry median of 7.87. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For MYR Group (FRA:MYP), the current Interest Coverage is 96.82 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:

  • Interest Coverage: 96.82 (344% above median its 10-year median of 21.82)
  • GF Value™: €160.04 vs. price of €420.80 (162.9% above fair value)
  • GF Score™: 83/100 with 8 warning signs
  • Industry Position: 1131% above the Construction median (#299 of 1354)

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

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

€420.80
Price
€160.04
GF Value