(MYRG) MYR - Ratings and Ratios

MYR Group Inc. is a leading provider of electrical construction services, operating across the United States and Canada through its subsidiaries. The company's operations are divided into two primary segments: Transmission and Distribution, and Commercial and Industrial. The Transmission and Distribution segment delivers a comprehensive range of services, including design, engineering, procurement, construction, upgrade, maintenance, and repair, with a primary focus on construction, maintenance, and repair for customers in the electric utility industry. This encompasses services such as the construction and maintenance of high-voltage transmission lines, substations, and lower-voltage underground and overhead distribution systems, as well as clean energy projects and electric vehicle charging infrastructure services. Additionally, this segment provides emergency restoration services in response to damages caused by natural disasters like hurricanes, wildfires, and ice storms. As a prime contractor, the company serves a diverse range of customers, including investor-owned utilities, cooperatives, private developers, government-funded utilities, independent power producers, and industrial facility owners.

The Commercial and Industrial segment of MYR Group Inc. offers a broad spectrum of services, including the design, installation, maintenance, and repair of commercial and industrial wiring, as well as the installation of intelligent transportation systems, roadway lighting, and signalization. These services cater to a wide array of facilities, such as airports, hospitals, data centers, hotels, stadiums, commercial and industrial facilities, clean energy projects, manufacturing plants, processing facilities, water and waste-water treatment facilities, mining facilities, and intelligent transportation systems. This segment also provides electric vehicle charging infrastructure, underscoring the company's commitment to supporting the transition to cleaner energy sources. The Commercial and Industrial segment serves a varied client base, including general contractors, commercial and industrial facility owners, governmental agencies, and developers, highlighting the company's adaptability and capacity to meet the needs of different stakeholders.

With a history dating back to 1891, MYR Group Inc. has established itself as a seasoned player in the electrical construction services industry. Headquartered in Thornton, Colorado, the company has evolved over the years to stay abreast of industry trends and technological advancements. Its website, https://www.myrgroup.com, provides detailed information about its services, projects, and values. As a publicly traded company listed on the NASDAQ under the ticker symbol MYRG, MYR Group Inc. is committed to transparency and accountability. With an ISIN of US55405W1045 and classified under the GICS Sub Industry of Construction & Engineering, the company's common stock offers investors an opportunity to participate in the growth of the electrical construction services sector.