Assay
Financial-condition grades for SEC filers
Company Report · as of Oct 9, 2026
|
| MYR Group Inc.MYRG · other | |
|---|---|
| Grade |  Astrongest fifth of 336 graded peers; percentile 3.6, sampling error 2.6 points; lower is stronger |
| Rank | 13 of 336 |
| Profitability | Bpercentile 30.6 |
| Solvency | A/Bpercentile 22.2 |
| Growth and financing | Bpercentile 33.6 |
| Reliability | 0.91 AUCfailure model, filers with $591M to $2.67B assets; 95% interval 0.88 to 0.94; 160 events, 2020 to 2025 |
| Peer failure rate | 1.01% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025 |
| Size band | $591M to $2.67B assetstotal assets $1.6B[1] |
| Standard universe | insiderevenue above $1M and assets above $10M[1-2] |
| Warnings | none active · fortress balance sheetnot computable: distress |
| Inputs computable | 13 of 14 |
| Graded from | filings received through Feb 25, 2026226 days before the rescan; every figure keyed to the SEC receipt date |
| Last close | $311.432026-10-08; market equity $4.8B; iex feed |
| Price used in grade | None |
| Share price, twelve months to the rescansplit-adjusted close; a lollipop at every rescan carries the letter held then; baseline ticks are SEC receipt dates of the inputs; ranges and dragging scroll the full history | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Percentile at every rescan on file, Jan 21, 2012 to Oct 9, 2026; stronger toward the top. Hover for the date. Open this report as it stood on | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Each date opens the report as it stood on that rescan. |
Business, in the company's words. Opening of Item 1 of the 10-K received Feb 25, 2026; the document on sec.gov.
— Backlog” for a discussion on how we calculate backlog for our business. Our insurance has limits and exclusions that may not fully indemnify us against certain claims or losses, including claims resulting from wildfires or other natural disasters and an increase in cost, or the unavailability or cancellation of third-party insurance coverages would increase our overall risk exposure and could disrupt our operations and reduce our profitability. We maintain insurance coverages from third party insurers as part of our overall risk management strategy and most of our customer contracts require us to maintain specific insurance coverage limits.
Warnings [top]
7 checks ran; none of them enters the letter. The checks are listed on the warnings screen.
The Fourteen Inputs [top]
Lower percentile is stronger. Source numbers open the SEC filing; a range that spans filings opens the sources table.
| Input | Percentile, 0 to 100 | Value | Source | Peer median | Percentile | Peers | Period end |
|---|---|---|---|---|---|---|---|
| Profitability, sleeve percentile 30.6 | |||||||
| Gross profitability | 25.8% | [1,5] | 27.1% | 48.3 | 289 | 2025-12-31 | |
| Return on invested capital | 19.8% | [3-4,6-12] | 10.0% | 20.7 | 151 | 2025-12-31 | |
| Accruals ratio | (13.3%) | [1,13-15] | (5.9%) | 19.8 | 506 | 2025-12-31 | |
| Gross margin stability, five years | 1.5 pts | [2,5,16-23] | 2.2 pts | 33.5 | 204 | 2025-12-31 | |
| Solvency, sleeve percentile 22.2 | |||||||
| Twelve-month failure probability | not computable | 0.04% | |||||
| latest liabilities, cash plus short-term investments, book equity, and shares are required | |||||||
| Altman Z double-prime | 3.44 | [1,6,9,24-27] | 2.05 | 27.0 | 386 | 2025-12-31 | |
| Net debt to EBITDA | (0.39x) | [3-4,6,28] | 2.52x | 7.7 | 184 | 2025-12-31 | |
| Interest coverage | 29.55x | [6,29] | 2.18x | 8.0 | 88 | 2025-12-31 | |
| Current ratio | 1.33x | [24-25] | 1.32x | 46.1 | 506 | 2025-12-31 | |
| Growth and financing, sleeve percentile 33.6 | |||||||
| Revenue growth, three-year compound | 6.7% | [2,17,19,21] | 5.1% | 41.0 | 403 | 2025-12-31 | |
| Free cash flow growth, three-year compound | 36.9% | [14,30-36] | 8.7% | 16.4 | 220 | 2025-12-31 | |
| Reinvestment rate | 22.5% | [6-8,24-25,28,30,37-38] | 11.9% | 45.5 | 190 | 2025-12-31 | |
| Asset growth, three years | 5.5% | [1,15,39-40] | 4.1% | 42.3 | 438 | 2025-12-31 | |
| Net share issuance, one year | (3.7%) | [41-42] | (0.4%) | 22.5 | 356 | 2026-02-20 | |
Gross profitability. Revenue less cost of goods sold, over total assets.
Accruals ratio. Net income less operating cash flow, over average assets; lower is stronger.
Gross margin stability, five years. Standard deviation of gross margin; lower is stronger.
Twelve-month failure probability. CHS model; lower is stronger.
Net debt to EBITDA. Lower is stronger.
Net share issuance, one year. Split-adjusted; lower is stronger.
Sleeves are equal-weighted; within a sleeve each computable input carries equal weight. Composite -0.452; sampling error 2.6 percentile points on 336 peers.
Among 336 Peers [top]
Composite score of every graded peer, smoothed. Vertical rules are the letter band edges at the 20th, 40th, 60th and 80th percentiles. Small dots are the six largest peers by market equity.
| Rank | Company | Percentile | Letter | Warnings |
|---|---|---|---|---|
| 8 | Maplebear Inc. (CART) Maplebear Inc. (CART) Astrongest fifth; percentile 2.1 Nasdaq · Services-Business Services, NEC market equity $10.7B; last close $46.30 No active warnings; 7 of 14 inputs | 2.1 | A | |
| 9 | Nutex Health Inc. (NUTX) Nutex Health Inc. (NUTX) Astrongest fifth; percentile 2.4 Nasdaq · Services-Business Services, NEC market equity $1.4B; last close $205.57 Warnings: late filer, fortress balance sheet; 9 of 14 inputs | 2.4 | A | late filer, fortress balance sheet |
| 10 | Comfort Systems USA Inc. (FIX) Comfort Systems USA Inc. (FIX) Astrongest fifth; percentile 2.7 NYSE · Electrical Work market equity $60.1B; last close $1,708.11 Warnings: fortress balance sheet; 13 of 14 inputs | 2.7 | A | fortress balance sheet |
| 11 | Accenture plc (ACN) Accenture plc (ACN) Astrongest fifth; percentile 3.0 NYSE · Services-Business Services, NEC last close $208.37 Warnings: fortress balance sheet; 11 of 14 inputs | 3.0 | A | fortress balance sheet |
| 12 | Incyte Corp. (INCY) Incyte Corp. (INCY) Astrongest fifth; percentile 3.3 Nasdaq · Services-Commercial Physical & Biological Research market equity $22.5B; last close $112.75 No active warnings; 8 of 14 inputs | 3.3 | A | |
| 13 | MYR Group Inc. (MYRG) MYR Group Inc. (MYRG) Astrongest fifth; percentile 3.6 Nasdaq · Water, Sewer, Pipeline, Comm & Power Line Construction market equity $4.8B; last close $311.43 Warnings: fortress balance sheet; 13 of 14 inputs | 3.6 | A | fortress balance sheet |
| 14 | Donnelley Financial Solutions, Inc. (DFIN) Donnelley Financial Solutions, Inc. (DFIN) Astrongest fifth; percentile 3.9 NYSE · Services-Miscellaneous Business Services market equity $1.2B; last close $50.27 No active warnings; 10 of 14 inputs | 3.9 | A | |
| 15 | Preformed Line Products Co. (PLPC) Preformed Line Products Co. (PLPC) Astrongest fifth; percentile 4.2 Nasdaq · Water, Sewer, Pipeline, Comm & Power Line Construction market equity $1.9B; last close $395.28 Warnings: fortress balance sheet; 8 of 14 inputs | 4.2 | A | fortress balance sheet |
| 16 | SUNation Energy, Inc. (SUNE) SUNation Energy, Inc. (SUNE) Astrongest fifth; percentile 4.5 Nasdaq · Construction - Special Trade Contractors market equity $14.9M; last close $2.29 Warnings: late filer, fortress balance sheet; 7 of 14 inputs | 4.5 | A | late filer, fortress balance sheet |
| 17 | Clean Harbors Inc. (CLH) Clean Harbors Inc. (CLH) Astrongest fifth; percentile 4.8 NYSE · Hazardous Waste Management market equity $16.8B; last close $317.38 No active warnings; 9 of 14 inputs | 4.8 | A | |
| 18 | Airbnb, Inc. (ABNB) Airbnb, Inc. (ABNB) Astrongest fifth; percentile 5.1 Nasdaq · Services-To Dwellings & Other Buildings last close $163.26 Warnings: fortress balance sheet; 7 of 14 inputs | 5.1 | A | fortress balance sheet |
| Peer policy | Letter | Percentile | Peers |
|---|---|---|---|
| all graded filers, equal sleeves | A | 6.3 | 2204 |
| sector peers, equal sleeves (the grade) | A | 3.6 | 336 |
| same exchange, equal sleeves | A | 8.5 | 1219 |
| sector peers, equal inputs | A | 4.2 | 336 |
Each letter is one fifth of the 336 graded peers, about 67 companies. A boundary letter (A/B, B/C, C/D, D/E) marks a percentile within one sampling error of a band edge.
What the Price Implies [top]
Market measures at the 2026-10-08 close. None enters the grade. Percentile among graded peers with the same measure.
| Measure | Value | Peer median | Percentile | Reading |
|---|---|---|---|---|
| Twelve-month price change, skipping the latest month | 40.1% | 2.0% | 78 | hotter than 78 of 100 peers |
| Distance from 52-week high | (38.0%) | (26.8%) | 32 | closer to its high than 32 of 100 peers |
| EBIT to enterprise value | 3.5% | 4.4% | 36 | pricier than 64 of 100 peers |
| Free cash flow yield | 4.8% | 4.1% | 54 | pricier than 46 of 100 peers |
| Book value to price | 0.16 | 0.34 | 26 | pricier than 74 of 100 peers |
| Sales to price | 0.76 | 0.70 | 54 | pricier than 46 of 100 peers |
| Composite equity issuance, five years | (7.5%) | (8.8%) | 54 | more equity-funded than 54 of 100 peers |
| Relative strength against the sector, log excess return | 0.19 | (0.13) | 78 | ahead of 78 of 100 peers |
Inputs: market equity $4.8B; EBIT $166.9M; free cash flow $232.2M; book equity $754.4M; sales $3.7B; debt $9.4M; cash $137.9M[43].
Diagnostics [top]
Diagnostics do not feed the grade.
| Piotroski F-score: 8 of 9, period end 2025-12-31 | ||
|---|---|---|
| Return on assets above zero | 8.0% | ✓ pass[13,15] |
| Operating cash flow above zero | $326.6M | ✓ pass[14] |
| Return on assets improved | 6.0 pts | ✓ pass[13,15,39,44] |
| Operating cash flow exceeds net income | $208.2M | ✓ pass[13-14] |
| Long-term leverage fell | (1.1 pts) | ✓ pass[1,15,39,45-46] |
| Current ratio improved | (6.7 pts) | ✗ fail[24-25,37-38] |
| No new shares issued | (3.7%) | ✓ pass[41-42] |
| Gross margin improved | 3.0 pts | ✓ pass[2,5,16-17] |
| Asset turnover improved | 32.7 pts | ✓ pass[2,15,17,39] |
| Cash, filings, liquidity | |
|---|---|
| Cash and equivalents | $137.9M[47] |
| Operating cash flow, four quarters | $298.5M[14,47-51] |
| Months of runway | not finite |
| trailing operating cash flow is nonnegative, so runway is not finite | |
| Late filings, two years | 0 |
| NT 10-K or NT 10-Q | |
| Days since last periodic filing | 72 |
| 10-Q received Jul 29, 2026 | |
| Median daily dollar volume | $83.4M |
| 63 sessions | |
| Days since newest grade input | 226 |
Downloads [top]
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Sources [top]
Every citation on this page. Filing opens the SEC index page for that submission; viewer opens the SEC interactive data for the same filing; series opens the SEC XBRL API record for that tag and company.
| # | Concept | XBRL tag | Value | Period end | Received | Form | Links |
|---|---|---|---|---|---|---|---|
| 1 | assets | us-gaap:Assets | $1.6B | 2025-12-31 | 2026-02-25 | 10-K | filing · viewer · series |
| 2 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $3.7B | 2025-12-31 | 2026-02-25 | 10-K | filing · viewer · series |
| 3 | cash | us-gaap:CashAndCashEquivalentsAtCarryingValue | $150.2M | 2025-12-31 | 2026-02-25 | 10-K | filing · viewer · series |
| 4 | total debt | us-gaap:LongTermDebt | $59.0M | 2025-12-31 | 2026-02-25 | 10-K | filing · viewer · series |
| 5 | gross profit | us-gaap:GrossProfit | $423.8M | 2025-12-31 | 2026-02-25 | 10-K | filing · viewer · series |
| 6 | operating income | us-gaap:OperatingIncomeLoss | $166.9M | 2025-12-31 | 2026-02-25 | 10-K | filing · viewer · series |
| 7 | pretax income | us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest | $161.3M | 2025-12-31 | 2026-02-25 | 10-K | filing · viewer · series |
| 8 | income tax | us-gaap:IncomeTaxExpenseBenefit | $42.9M | 2025-12-31 | 2026-02-25 | 10-K | filing · viewer · series |
| 9 | book equity | us-gaap:StockholdersEquity | $660.4M | 2025-12-31 | 2026-02-25 | 10-K | filing · viewer · series |
| 10 | total debt | us-gaap:LongTermDebt | $74.4M | 2024-12-31 | 2026-02-25 | 10-K | filing · viewer · series |
| 11 | book equity | us-gaap:StockholdersEquity | $600.4M | 2024-12-31 | 2026-02-25 | 10-K | filing · viewer · series |
| 12 | cash | us-gaap:CashAndCashEquivalentsAtCarryingValue | $3.5M | 2024-12-31 | 2026-02-25 | 10-K | filing · viewer · series |
| 13 | net income | us-gaap:NetIncomeLoss | $118.4M | 2025-12-31 | 2026-02-25 | 10-K | filing · viewer · series |
| 14 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $326.6M | 2025-12-31 | 2026-02-25 | 10-K | filing · viewer · series |
| 15 | assets | us-gaap:Assets | $1.5B | 2024-12-31 | 2026-02-25 | 10-K | filing · viewer · series |
| 16 | gross profit | us-gaap:GrossProfit | $290.3M | 2024-12-31 | 2026-02-25 | 10-K | filing · viewer · series |
| 17 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $3.4B | 2024-12-31 | 2026-02-25 | 10-K | filing · viewer · series |
| 18 | gross profit | us-gaap:GrossProfit | $364.4M | 2023-12-31 | 2026-02-25 | 10-K | filing · viewer · series |
| 19 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $3.6B | 2023-12-31 | 2026-02-25 | 10-K | filing · viewer · series |
| 20 | gross profit | us-gaap:GrossProfit | $344.0M | 2022-12-31 | 2025-02-26 | 10-K | filing · viewer · series |
| 21 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $3.0B | 2022-12-31 | 2025-02-26 | 10-K | filing · viewer · series |
| 22 | gross profit | us-gaap:GrossProfit | $325.0M | 2021-12-31 | 2024-02-28 | 10-K | filing · viewer · series |
| 23 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $2.5B | 2021-12-31 | 2024-02-28 | 10-K | filing · viewer · series |
| 24 | current assets | us-gaap:AssetsCurrent | $1.1B | 2025-12-31 | 2026-02-25 | 10-K | filing · viewer · series |
| 25 | current liabilities | us-gaap:LiabilitiesCurrent | $795.3M | 2025-12-31 | 2026-02-25 | 10-K | filing · viewer · series |
| 26 | retained earnings | us-gaap:RetainedEarningsAccumulatedDeficit | $503.2M | 2025-12-31 | 2026-02-25 | 10-K | filing · viewer · series |
| 27 | liabilities | us-gaap:Liabilities | $983.7M | 2025-12-31 | 2026-02-25 | 10-K | filing · viewer · series |
| 28 | depreciation amortization | us-gaap:DepreciationDepletionAndAmortization | $66.5M | 2025-12-31 | 2026-02-25 | 10-K | filing · viewer · series |
| 29 | interest expense | us-gaap:InterestExpense | $5.6M | 2025-12-31 | 2026-02-25 | 10-K | filing · viewer · series |
| 30 | capital expenditure | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment | $94.4M | 2025-12-31 | 2026-02-25 | 10-K | filing · viewer · series |
| 31 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $87.1M | 2024-12-31 | 2026-02-25 | 10-K | filing · viewer · series |
| 32 | capital expenditure | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment | $75.9M | 2024-12-31 | 2026-02-25 | 10-K | filing · viewer · series |
| 33 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $71.0M | 2023-12-31 | 2026-02-25 | 10-K | filing · viewer · series |
| 34 | capital expenditure | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment | $84.7M | 2023-12-31 | 2026-02-25 | 10-K | filing · viewer · series |
| 35 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $167.5M | 2022-12-31 | 2025-02-26 | 10-K | filing · viewer · series |
| 36 | capital expenditure | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment | $77.1M | 2022-12-31 | 2025-02-26 | 10-K | filing · viewer · series |
| 37 | current assets | us-gaap:AssetsCurrent | $929.4M | 2024-12-31 | 2026-02-25 | 10-K | filing · viewer · series |
| 38 | current liabilities | us-gaap:LiabilitiesCurrent | $663.6M | 2024-12-31 | 2026-02-25 | 10-K | filing · viewer · series |
| 39 | assets | us-gaap:Assets | $1.6B | 2023-12-31 | 2025-02-26 | 10-K | filing · viewer · series |
| 40 | assets | us-gaap:Assets | $1.4B | 2022-12-31 | 2024-02-28 | 10-K | filing · viewer · series |
| 41 | shares outstanding | dei:EntityCommonStockSharesOutstanding | 15,540,073 | 2026-02-20 | 2026-02-25 | 10-K | filing · viewer · series |
| 42 | shares outstanding | dei:EntityCommonStockSharesOutstanding | 16,138,503 | 2025-02-21 | 2025-02-26 | 10-K | filing · viewer · series |
| 43 | shares outstanding | dei:EntityCommonStockSharesOutstanding | 15,569,250 | 2026-07-24 | 2026-07-29 | 10-Q | filing · viewer · series |
| 44 | net income | us-gaap:NetIncomeLoss | $30.3M | 2024-12-31 | 2026-02-25 | 10-K | filing · viewer · series |
| 45 | long term debt | us-gaap:LongTermDebtNoncurrent | $54.5M | 2025-12-31 | 2026-02-25 | 10-K | filing · viewer · series |
| 46 | long term debt | us-gaap:LongTermDebtNoncurrent | $70.0M | 2024-12-31 | 2026-02-25 | 10-K | filing · viewer · series |
| 47 | cash | us-gaap:CashAndCashEquivalentsAtCarryingValue | $137.9M | 2026-06-30 | 2026-07-29 | 10-Q | filing · viewer · series |
| 48 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $88.1M | 2026-06-30 | 2026-07-29 | 10-Q | filing · viewer · series |
| 49 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $84.7M | 2026-03-31 | 2026-04-29 | 10-Q | filing · viewer · series |
| 50 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $211.7M | 2025-09-30 | 2025-10-29 | 10-Q | filing · viewer · series |
| 51 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $116.1M | 2025-06-30 | 2026-07-29 | 10-Q | filing · viewer · series |
Limitations [top]
Grade boundary. Percentile 3.6 is 16.4 points from the nearest band edge; sampling error is 2.6 points.
Peer group. Sector assignment from four-digit SIC codes, hand-tuned and published. The grade under three alternative peer policies is tabled above.
Size. Within a sector the letter tracks size. Among graded filers in the smallest asset band, 72% grade E and 0% grade A; in the largest, 13% grade E and 21% grade A. Universe as of Oct 9, 2026.
Failure model. filings 2012-01-01 to 2019-12-31 fit, filings 2020-01-01 to 2025-12-31 test; status post hoc pending confirmation. pre-registered on 2026 filings once their 12-month outcome windows close; supported if the paired per-quintile gain over the pooled model has a lower bound above 0.05.
Input validity. Revenue or total assets at or below $100,000 sets the degenerate-inputs flag. An input whose denominator is at or below $100,000 is left not computable rather than ranked.
Returns. No input on this page has a post-2015 confidence interval on returns that excludes zero. The grade ranks reported financial condition and is not a return forecast.
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