MYR Group Q4 2022 revenue $864M (record), EPS $1.46; FY revenue $3.01B (record), backlog $2.50B

MYR GROUP INC.

2022-FY EPS reported $4.91 revenue$3,008,542,000

Q4 2022 revenues $864.0M (+33.7% YoY); net income $24.6M ($1.46 diluted EPS) vs $20.7M ($1.20).
Full-year 2022 revenues $3.01B (+20.4% YoY); net income $83.4M ($4.91 diluted EPS) vs $85.0M ($4.95).
T&D segment Q4 revenues $513.7M (+45.4% YoY); C&I segment Q4 revenues $350.3M (+19.6% YoY).
Backlog at Dec 31, 2022 $2.50B, up 39.8% from $1.79B a year ago; T&D $1.07B, C&I $1.44B.
Consolidated gross margin declined to 11.1% (Q4) and 11.4% (FY) from 12.9% and 13.0% due to supply chain disruptions, inflation, labor inefficiencies.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

MYR GROUP INC. reported three and twelve months ended December 31, 2022 results: revenue $864.0 million, net income $24.6 million, EPS $1.46 per diluted share.

Period: three and twelve months ended December 31, 2022
Revenue: $864.0 million
Net income: $24.6 million
EPS: $1.46 per diluted share
Result: reported results

Exact text from the filing

in the United States and Canada, announced today its fourth-quarter and full year 2022 financial results. Fourth Quarter 2022 Highlights • Record high quarterly revenues of $864.0 million • Record high quarterly net income of $24.6 million, or $1.46 per diluted share • Record high quarterly EBITDA of $52.0 million Full Year 2022 Highlights • Record high full-year

View on SEC.gov

Browse all earnings releases →

MYR GROUP INC. filing history →

Source: SEC EDGAR

accession 0000700923-23-000011

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.