MYR Group Inc. (MYRG) Balance Sheet
MYRG balance sheet, 2025
December 31, 2025 · U.S. dollars$1.64B assets = $983.7M liabilities + $660.4M equity
Both columns are drawn to the same scale: what MYRG owns equals what it owes plus shareholders’ equity. Hover a block for its value.
MYRG financial health
Descriptive bands, not a rating. Fiscal 2025.
MYRG balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $573.5M2016 | $1.64B2025 | +12.4%/yr | |
| Total liabilities | $310.3M2016 | $983.7M2025 | +13.7%/yr | |
| Shareholders’ equity | $263.2M2016 | $660.4M2025 | +10.8%/yr | |
| Cash & short-term investments | $23.8M2016 | $150.2M2025 | +22.7%/yr | |
| Total debt | $64.0M2016 | $103.5M2025 | +5.5%/yr | |
| Net cash (debt) | −$40.1M2016 | $46.6M2025 | +$86.8M | |
| Working capital | $129.3M2016 | $265.5M2025 | +$136.2M | |
| Book value per share | $15.072016 | $41.992025 | +12.1%/yr | |
| Current ratio | 1.572016 | 1.332025 | −0.23 | |
| Debt / equity | 0.242016 | 0.162025 | −0.09 | |
| Shares outstanding | 17.5M2016 | 15.7M2025 | −1.2%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
MYRG assets
MYRG liabilities and equity
MYRG debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
MYRG balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $150.2M | $3.5M | $24.9M | $51.0M | $82.1M | $22.7M | $12.4M | $7.5M | $5.3M | $23.8M |
| Cash & equivalents | $150.2M | $3.5M | $24.9M | $51.0M | $82.1M | $22.7M | $12.4M | $7.5M | $5.3M | $23.8M |
| Short-term investments | — | — | — | — | — | $3.0M | — | — | $0 | $0 |
| Receivables | $855.6M | $968.7M | $954.8M | $791.4M | $620.7M | $585.1M | $614.0M | $459.3M | $365.9M | $310.9M |
| Inventory | $0 | $0 | $0 | $0 | $44.7M | $1 | $1 | $0 | $1 | $70.0M |
| Other current assets | $55.0M | $42.5M | $46.5M | $47.8M | $887,000 | $28.9M | $12.8M | $8.8M | $8.5M | $0 |
| Total current assets | $1.06B | $1.01B | $1.03B | $890.3M | $748.4M | $636.7M | $639.2M | $475.6M | $379.7M | $357.6M |
| Property, plant & equipment (net) | $348.8M | $320.9M | $304.0M | $263.7M | $217.1M | $207.4M | $208.3M | $161.9M | $148.1M | $154.9M |
| Goodwill & intangible assets | $187.7M | $188.7M | $200.5M | $203.4M | $115.1M | $117.4M | $121.0M | $89.9M | $57.8M | $58.3M |
| Long-term investments | $3.2M | $3.7M | $8.7M | $3.7M | $4.0M | $3.0M | $35.7M | $1.3M | $14.5M | $0 |
| Other non-current assets | $43.5M | $46.1M | $39.3M | $37.7M | $36.5M | $31.3M | $3.7M | $20.1M | $3.7M | $2.7M |
| Total assets | $1.64B | $1.57B | $1.58B | $1.40B | $1.12B | $995.9M | $1.01B | $748.8M | $603.8M | $573.5M |
| Liabilities | ||||||||||
| Accounts payable | $314.8M | $295.5M | $359.4M | $315.3M | $200.7M | $162.6M | $192.1M | $139.5M | $110.4M | $99.9M |
| Short-term debt | $18.4M | $17.6M | $18.3M | $15.9M | $8.8M | $11.3M | $16.1M | $5.9M | $1.1M | $1.1M |
| Deferred revenue | $300.6M | $322.0M | $240.4M | $227.1M | $167.9M | $158.4M | $105.5M | $58.5M | $28.9M | $42.3M |
| Total current liabilities | $795.3M | $748.9M | $747.2M | $667.0M | $498.6M | $443.4M | $396.8M | $283.8M | $188.6M | $228.3M |
| Long-term debt | $54.5M | $70.0M | $29.2M | $35.5M | $3.5M | $25.0M | $157.4M | $87.6M | $81.6M | $62.9M |
| Lease obligations | $44.5M | $45.6M | $37.4M | $34.0M | $21.0M | $22.7M | $24.6M | $2.6M | $3.7M | $4.9M |
| Other long-term liabilities | $133.9M | $154.8M | $151.2M | $136.2M | $99.9M | $98.1M | $89.2M | $52.9M | $46.6M | $19.1M |
| Total liabilities | $983.7M | $973.7M | $927.5M | $838.7M | $602.0M | $566.6M | $643.4M | $424.3M | $316.7M | $310.3M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $155,000 | $161,000 | $167,000 | $165,000 | $168,000 | $167,000 | $166,000 | $165,000 | $163,000 | $162,000 |
| Retained earnings (deficit) | $503.2M | $453.7M | $492.5M | $404.9M | $355.0M | $270.5M | $212.2M | $174.7M | $143.2M | $123.3M |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | −$8.2M | −$12.7M | −$3.9M | −$6.3M | $173,000 | $23,000 | −$446,000 | −$193,000 | −$299,000 | −$433,000 |
| Minority interest | — | — | — | — | — | — | $4,000 | — | $0 | $0 |
| Total shareholders' equity | $660.4M | $600.4M | $651.2M | $560.2M | $519.1M | $429.3M | $364.5M | $323.0M | $287.0M | $263.2M |
| Key figures | ||||||||||
| Total debt | $103.5M | $120.0M | $73.6M | $74.5M | $25.5M | $52.1M | $190.4M | $92.4M | $82.7M | $64.0M |
| Net cash (debt) | $46.6M | −$116.5M | −$48.7M | −$23.5M | $56.6M | −$29.4M | −$178.0M | −$84.9M | −$77.3M | −$40.1M |
| Working capital | $265.5M | $265.8M | $279.0M | $223.3M | $249.8M | $193.3M | $242.4M | $191.8M | $191.2M | $129.3M |
| Tangible book value | $472.7M | $411.7M | $450.7M | $356.8M | $404.0M | $311.9M | $243.5M | $233.1M | $229.2M | $204.8M |
| Book value per share | $41.99 | $36.33 | $38.68 | $32.99 | $30.25 | $25.42 | $21.83 | $19.47 | $17.40 | $15.07 |
| Shares outstanding | 15.7M | 16.5M | 16.8M | 17.0M | 17.2M | 16.9M | 16.7M | 16.6M | 16.5M | 17.5M |
| Current ratio | 1.33 | 1.35 | 1.37 | 1.33 | 1.50 | 1.44 | 1.61 | 1.68 | 2.01 | 1.57 |
| Quick ratio | 1.26 | 1.30 | 1.31 | 1.26 | 1.41 | 1.37 | 1.58 | 1.64 | 1.97 | 1.47 |
| Debt / equity | 0.16 | 0.20 | 0.11 | 0.13 | 0.05 | 0.12 | 0.52 | 0.29 | 0.29 | 0.24 |
| Equity / assets | 40.2% | 38.1% | 41.2% | 40.0% | 46.3% | 43.1% | 36.2% | 43.1% | 47.5% | 45.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $137.9M | $163.2M | $150.2M | $76.2M | $23.0M | $10.9M | $3.5M | $7.6M | $1.9M | $3.9M | $24.9M | $30.5M |
| Cash & equivalents | $137.9M | $163.2M | $150.2M | $76.2M | $23.0M | $10.9M | $3.5M | $7.6M | $1.9M | $3.9M | $24.9M | $30.5M |
| Receivables | $663.8M | $871.0M | $855.6M | $969.3M | $961.2M | $922.8M | $968.7M | $998.5M | $979.6M | $987.8M | $954.8M | $973.3M |
| Inventory | $9.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1 | −$1 | $0 | $0 |
| Other current assets | $266.8M | $51.0M | $55.0M | $22.8M | $33.4M | $34.5M | $42.5M | $25.5M | $35.9M | $34.5M | $46.5M | $28.6M |
| Total current assets | $1.08B | $1.09B | $1.06B | $1.07B | $1.02B | $968.2M | $1.01B | $1.03B | $1.02B | $1.03B | $1.03B | $1.03B |
| Property, plant & equipment (net) | $371.9M | $358.1M | $348.8M | $336.7M | $327.2M | $316.2M | $320.9M | $320.3M | $318.5M | $311.1M | $304.0M | $285.4M |
| Goodwill & intangible assets | $182.4M | $185.2M | $187.7M | $187.7M | $190.5M | $187.6M | $188.7M | $195.0M | $195.2M | $197.3M | $200.5M | $199.5M |
| Long-term investments | $3.2M | $3.4M | $3.2M | $3.8M | $4.6M | $3.8M | $3.7M | $5.8M | $12.9M | $9.5M | $8.7M | $5.4M |
| Other non-current assets | $37.4M | $41.5M | $43.5M | $48.8M | $47.0M | $46.3M | $46.1M | $40.3M | $39.4M | $39.4M | $39.3M | $38.1M |
| Total assets | $1.67B | $1.67B | $1.64B | $1.65B | $1.59B | $1.52B | $1.57B | $1.59B | $1.58B | $1.58B | $1.58B | $1.56B |
| Liabilities | ||||||||||||
| Accounts payable | $338.9M | $332.4M | $314.8M | $298.2M | $308.2M | $286.2M | $295.5M | $330.0M | $344.1M | $321.3M | $359.4M | $377.7M |
| Short-term debt | $18.5M | $18.2M | $18.4M | $18.5M | $18.2M | $17.6M | $17.6M | $16.7M | $19.3M | $18.4M | $18.3M | $16.7M |
| Deferred revenue | $245.8M | $281.5M | $300.6M | $302.5M | $286.3M | $292.6M | $322.0M | $262.6M | $256.6M | $271.0M | $240.4M | $231.0M |
| Total current liabilities | $770.7M | $827.7M | $795.3M | $800.9M | $766.4M | $738.7M | $748.9M | $762.4M | $747.4M | $732.4M | $747.2M | $740.7M |
| Long-term debt | $4.7M | $4.7M | $54.5M | $67.4M | $81.6M | $82.7M | $70.0M | $88.8M | $38.4M | $31.3M | $29.2M | $57.1M |
| Lease obligations | $57.7M | $52.1M | $44.5M | $47.0M | $47.8M | $45.0M | $45.6M | $44.1M | $44.2M | $40.5M | $37.4M | $31.7M |
| Other long-term liabilities | $102.1M | $138.2M | $133.9M | $159.4M | $155.7M | $151.9M | $154.8M | $153.3M | $164.0M | $156.1M | $151.2M | $137.6M |
| Total liabilities | $918.0M | $970.6M | $983.7M | $1.03B | $1.00B | $973.4M | $973.7M | $1.00B | $949.9M | $919.8M | $927.5M | $935.3M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $155,000 | $155,000 | $155,000 | $155,000 | $155,000 | $155,000 | $161,000 | $161,000 | $166,000 | $167,000 | $167,000 | $167,000 |
| Retained earnings (deficit) | $599.6M | $549.8M | $503.2M | $466.7M | $434.6M | $408.1M | $453.7M | $437.8M | $480.7M | $511.1M | $492.5M | $471.1M |
| Accumulated other comprehensive income | −$11.1M | −$9.5M | −$8.2M | −$9.4M | −$7.7M | −$12.5M | −$12.7M | −$6.2M | −$7.5M | −$6.4M | −$3.9M | −$6.6M |
| Total shareholders' equity | $754.4M | $702.8M | $660.4M | $617.6M | $583.2M | $548.7M | $600.4M | $588.5M | $633.3M | $663.7M | $651.2M | $625.5M |
| Key figures | ||||||||||||
| Total debt | $67.1M | $61.5M | $103.5M | $119.0M | $133.9M | $132.2M | $120.0M | $137.3M | $89.2M | $78.5M | $73.6M | $94.0M |
| Net cash (debt) | $70.8M | $101.7M | $46.6M | −$42.8M | −$111.0M | −$121.3M | −$116.5M | −$129.8M | −$87.4M | −$74.6M | −$48.7M | −$63.5M |
| Working capital | $306.9M | $257.6M | $265.5M | $267.4M | $251.2M | $229.5M | $265.8M | $269.2M | $269.9M | $293.8M | $279.0M | $291.6M |
| Tangible book value | $572.0M | $517.6M | $472.7M | $429.9M | $392.7M | $361.1M | $411.7M | $393.5M | $438.1M | $466.4M | $450.7M | $425.9M |
| Book value per share | $48.02 | $44.83 | $42.18 | $39.51 | $37.45 | $34.17 | $37.09 | $36.05 | $37.80 | $39.42 | $38.67 | $37.17 |
| Shares outstanding | 15.7M | 15.7M | 15.7M | 15.6M | 15.6M | 16.1M | 16.2M | 16.3M | 16.8M | 16.8M | 16.8M | 16.8M |
| Current ratio | 1.40 | 1.31 | 1.33 | 1.33 | 1.33 | 1.31 | 1.35 | 1.35 | 1.36 | 1.40 | 1.37 | 1.39 |
| Quick ratio | 1.04 | 1.25 | 1.26 | 1.31 | 1.28 | 1.26 | 1.30 | 1.32 | 1.31 | 1.35 | 1.31 | 1.36 |
| Debt / equity | 0.09 | 0.09 | 0.16 | 0.19 | 0.23 | 0.24 | 0.20 | 0.23 | 0.14 | 0.12 | 0.11 | 0.15 |
| Equity / assets | 45.1% | 42.0% | 40.2% | 37.5% | 36.8% | 36.0% | 38.1% | 36.9% | 40.0% | 41.9% | 41.2% | 40.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 25, 2026); data from EODHD.
MYRG financial position
At the end of fiscal 2025 (December 31, 2025), MYR had total assets of $1.6 billion (up 4.4% from a year earlier), total liabilities of $983.7 million and shareholders' equity of $660.4 million. It held $150.2 million in cash and short-term investments against $103.5 million of debt, a net cash position of $46.6 million. Its current ratio was 1.33. In the latest quarter (ended June 30, 2026) total assets were $1.7 billion and equity $754.4 million.
Related: MYRG income statement, MYRG cash flow statement, MYRG key metrics. See the MYRG stock overview for the latest quote and news.
MYRG balance sheet FAQ
What are MYR's total assets?
MYR reported total assets of $1.6 billion at the end of fiscal 2025 (December 31, 2025), compared with $1.6 billion a year earlier.
How much debt does MYR have?
MYR had $103.5 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.16.
How much cash does MYR have?
MYR held $150.2 million in cash and short-term investments at the end of fiscal 2025; with $103.5 million of debt that is net cash of $46.6 million.
What is MYR's book value?
MYR's shareholders' equity (book value) was $660.4 million at the end of fiscal 2025, or $41.99 per share.
What is MYR's current ratio?
MYR had current assets of $1.1 billion and current liabilities of $795.3 million, a current ratio of 1.33 (it can cover its short-term obligations).
How much goodwill does MYR have?
MYR carried $187.7 million of goodwill and intangible assets, 11.4% of total assets, at the end of fiscal 2025.