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MYR Group has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.
Good Sign:
MYR Group Inc shows strong financial strength.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.
A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.
MYR Group's Interest Coverage for the quarter that ended in Jun. 2026 was 94.98.
MYR Group's debt to revenue ratio for the quarter that ended in Jun. 2026 was 0.02.
As of today, MYR Group's Altman Z-Score is 6.88.
MYR Group (NAS:MYRG) Financial Strength Explanation
The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.
MYR Group has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.
MYR Group Financial Strength Related Terms
MYRG vs ROAD, GVA, LGN: Financial Strength Comparison
For the Engineering & Construction subindustry, MYR Group's Financial Strength, along with its competitors' market caps and Financial Strength 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 Financial Strength vs Construction Industry
For the Construction industry and Industrials sector, MYR Group's Financial Strength distribution charts can be found below:
* The bar in red indicates where MYR Group's Financial Strength falls into.
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:
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. MYR Group Inc has enough cash to cover all of its debt. Its financial situation is stable.
2. Debt to revenue ratio. The lower, the better.
MYR Group's Debt to Revenue Ratio for the quarter that ended in Jun. 2026 is
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
MYR Group has a Z-score of 6.88, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 6.88 is strong.
* 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 (MYRG) has a Financial Strength of 8 as of Jun. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on MYR Group and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, MYR Group's Financial Strength has ranged from 5.00 to 9.00.
Is MYR Group's Financial Strength too high?
MYR Group's current Financial Strength of 8 is 14% above median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 9.00. Overall, MYR Group has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MYR Group's Financial Strength compare to ROAD and GVA?
MYR Group's Financial Strength of 8 can be compared against companies in the Construction industry. Historically, MYR Group's own Financial Strength has ranged from 5.00 to 9.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for a Construction company?
A good Financial Strength depends on the Construction industry context. However, Financial Strength should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on MYR Group and its competitors. MYR Group's current Financial Strength is 8, which is 14% above median its own 10-year median of 7.00. 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 (MYRG) is currently considered Significantly Overvalued. The stock's GF Value™ is $196.20, compared to a current price of $318.35 — trading 62.3% above its estimated fair value. The current Financial Strength is 8, which is 14% above median its 10-year median of 7.00. MYR Group's overall GF Score™ is 91/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For MYR Group (MYRG), the current Financial Strength is 8 as of Jun. 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 (MYRG) Overvalued in 2026?
Based on GuruFocus' analysis, MYR Group stock appears to be overvalued.
The current stock price of $318.35 is trading 62.3% above its estimated GF Value™ of $196.20.
GuruFocus considers MYR Group to be Significantly Overvalued.
Key valuation signals for MYRG:
Financial Strength: 8 (14% above median its 10-year median of 7.00)
GF Value™: $196.20 vs. price of $318.35 (62.3% above fair value)
No single metric tells the full story. See the MYRG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
91GF Score
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