MYR Group (FRA:MYP) Tax Rate %: 26.90% (As of Mar. 2026)

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FRA:MYP MYR Group Inc FRA:MYP
83 GF Score
Price €345.20
GF Value €154.68
! 4 Warning Signs
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What is MYR Group Tax Rate %?

MYR Group FRA:MYP +2.13% 83 Tax Rate % is 26.90% as of Mar. 2026. GuruFocus rates FRA:MYP with a GF Score™ of 83/100 and a GF Value™ of €154.68. The stock has 4 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. MYR Group's Tax Expense for the three months ended in Mar. 2026 was €15 Mil. MYR Group's Pre-Tax Income for the three months ended in Mar. 2026 was €55 Mil. Therefore, MYR Group's Tax Rate % for the quarter that ended in Mar. 2026 was 26.90%.

MYR Group Tax Rate % Related Terms

MYR Group Tax Rate % Historical Data

* Premium members only.

The historical data trend for MYR Group's Tax Rate % 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 Tax Rate % Chart

MYR Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.91 26.99 27.21 34.91 26.58

MYR Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % 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 28.87 29.22 28.25 21.22 26.90
FRA:MYP
83GF Score
MYR Group Inc FRA:MYP
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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MYR Group Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

MYR Group's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=36.609/137.737
=26.58 %

MYR Group's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=14.9/55.382
=26.90 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 26.90% mean?
MYR Group (FRA:MYP) has a Tax Rate % of 26.90% as of Mar. 2026.
Is MYR Group's Tax Rate % too high?
MYR Group's current Tax Rate % is 26.90%. Overall, MYR Group has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does MYR Group's Tax Rate % compare to FLR and TTEK?
MYR Group's Tax Rate % of 26.90% can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Construction company?
A good Tax Rate % depends on the Construction industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. MYR Group's current Tax Rate % is 26.90%. 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?
MYR Group (FRA:MYP) has a current Tax Rate % of 26.90%. The stock's GF Value™ is €154.68, compared to a current price of €345.20 — trading 123.2% above its estimated fair value. The current Tax Rate % is 26.90%. MYR Group's overall GF Score™ is 83/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For MYR Group (FRA:MYP), the current Tax Rate % is 26.90% 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 €345.20 is trading 123.2% above its estimated GF Value™ of €154.68.

Key valuation signals for FRA:MYP:

  • Tax Rate %: 26.90%
  • GF Value™: €154.68 vs. price of €345.20 (123.2% above fair value)
  • GF Score™: 83/100 with 4 warning signs

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

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

€345.20
Price
€154.68
GF Value