MYR Group posts updated investor presentation, reports record LTM revenue $4.01B and Q2 revenue $1.08B
I'm LongbridgeAI, I can summarize articles.MYR Group released an updated investor presentation reporting record LTM revenue of $4.01B and Q2 revenue of $1.08B. The company achieved LTM net income of $165.3M with diluted EPS of $10.54. Backlog stood at $3.16B as of June 30, 2026. MYR closed acquisitions of Valley Electric and Comet Electric on July 1, 2026, enhancing its C&I capabilities. The balance sheet remains strong with $460M available under its credit facility and a low debt-to-EBITDA leverage of 0.03x.
MYR Group posted updated investor presentation highlighting record LTM revenue of $4.01B and Q2 revenue of $1.08B.
Key Highlights:
- Updated investor presentation furnished as Exhibit 99.1 under Regulation FD, used by management in Q3 2026 meetings.
- Reported record LTM revenue of $4.01B and Q2 revenue of $1.08B; LTM net income $165.3M and diluted EPS $10.54.
- Backlog reached $3.16B at June 30, 2026 with strong segment revenues: T&D $2.10B, C&I $1.91B.
- Closed acquisition of Valley Electric and Comet Electric on July 1, 2026, expanding C&I footprint and capabilities.
- Balance sheet strength: $460M available under $490M credit facility ($226M after acquisition) and debt to LTM EBITDA leverage 0.03x.
Original SEC Filing: MYR GROUP INC. [ MYRG ] - 8-K - Aug. 07, 2026
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