---
schema_version: "secwatch.filing_event.v1"
accession: "0000700923-23-000011"
form_type: "8-K"
ticker: "MYRG"
cik: "0000700923"
company_name: "MYR GROUP INC."
filed_at: "2023-02-22T23:59:59+00:00"
generated_at: "2026-06-19T05:41:38.979518+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000700923-23-000011
- form_type: 8-K
- ticker: MYRG
- cik: 0000700923
- company_name: MYR GROUP INC.
- filed_at: 2023-02-22T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/700923/000070092323000011/0000700923-23-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/700923/000070092323000011/myrg-20230222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000700923-23-000011
- JSON: https://secwatch.observer/filing/0000700923-23-000011.json
- Plain text: https://secwatch.observer/filing/0000700923-23-000011.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/700923/000070092323000011/0000700923-23-000011-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.