MYR Group Inc.

MYR Group Inc. is a leading specialty electrical contractor providing comprehensive services across the United States and Canada. The company's mission is "to provide superior specialty contracting services by creating mutually rewarding relationships in a safe, sustainable, inclusive, and inspiring environment." Headquartered in Thornton, Colorado, MYR Group Inc. operates as a holding company for numerous subsidiaries, delivering critical electrical infrastructure solutions.

The company primarily operates through two key segments: Transmission & Distribution (T&D) and Commercial & Industrial (C&I). Within these segments, MYR Group offers a broad range of services including design, engineering, procurement, construction, upgrades, maintenance, and repair for electric transmission and distribution networks, substations, commercial and industrial facilities, and renewable energy projects. Their clientele includes electric utilities, independent power developers, general contractors, and governmental agencies.

In recent news, MYR Group Inc. reported robust financial results for the first quarter of 2026, with revenues reaching $1 billion and record net income and EBITDA, significantly exceeding market forecasts. This strong performance contributed to a surge in its stock price and a record backlog of $2.84 billion as of March 31, 2026, indicating solid future project visibility. Led by President and CEO Richard S. Swartz, MYR Group is consistently recognized as a top specialty electrical construction firm, playing a significant role in grid modernization and the electrification of data centers.