Myr Group, Inc. · NASDAQ:MYRG
Myr — Investor Presentation (November 2026)
22 slides from Myr's investor presentation, Nov 4, 2026
Slide 1: Investor Presentation Q3 2026
1 Q3 | NOVEMBER 2026 | NASDAQ: MYRG INVESTOR PRESENTATION Q3 2026
Slide 2: Safe Harbor Notice: Forward-Looking Statements
2 Various statements in this announcement, including those that express a belief, expectation, or intention, as well as those that are not statements of historical fact, are forward-looking statements. The forward-looking statements may include projections and estimates concerning the timing and suc
Slide 3: MYR Group Inc. A Market Leader In Electrical Construction
3 MYR Group Inc. A Market Leader In Electrical Construction MYR Group Inc. is a holding company of subsidiaries that have delivered some of the largest and most notable electrical infrastructure and commercial and industrial projects throughout the United States and Canada since 1891. STRONG FINANCI
Slide 4: Revenue growth and ranking among top specialty electrical contractors
4 $4.31B LTM 9/30/2026 $2.50B 2021 $3.01B 2022 $3.66B 2025 $3.64B 2023 REVENUE CAGR 12.2% RANKED AMONG TOP 5 U.S. SPECIALTY ELECTRICAL CONTRACTORS 31 YEARS IN A ROW1 $3.36B 2024 1. Engineering News-Record
Slide 5: Market drivers for T&D and C&I
5 ▪ T&D primarily consists of small to medium-sized projects, with some larger High Voltage Direct Current (HVDC) transmission projects. We execute routine maintenance work under long-term Master Service Agreements (MSAs). Strong, long- term drivers are expected to continue to increase T&D spending.
Slide 6: Representative large projects and capabilities
6 A person in a safety vest and helmet looking at a construction vehicle Description automatically generated MAINE POWER RELIABILITY PROGRAM Maine; $200M+; 4-year project; 210 miles of 345kV & 115kV transmission line CENTRAL 70 TRANSPORTATION Colorado; $100M+; 4.5-year project; electrical constructi
Slide 7: Business Segment Update: Transmission & Distribution
7 ▪ LTM revenue of $2.15B as of September 30, 2026 ▪ Backlog of $1.29B as of September 30, 2026* ▪ Strong, long-standing relationships with a diverse customer base where approximately 65% of business is performed under Master Service Agreements ▪ Acquired the Powerline Plus Companies in January 2022
Slide 8: T&D market spending forecasts
8 Source: Power Insights, North American Electric Distribution Market Forecast and North American Electric Transmission Market Forecast, September and October 2026 Source: Edison Electric Institute, updated March 2026 ▪ Power Insights forecasts transmission spending will grow 10 percent per year for
Slide 9: Business Segment Update: Commercial & Industrial
9 REPRESENTATIVE CUSTOMERS $1,197 $1,263 $1,555 $1,482 $1,655 $2,164 $0 $500 $1,000 $1,500 $2,000 $2,500 2021 2022 2023 2024 2025 9/30/26 LTM M il li o n s C&I Revenue C&I Revenue 13.3% CAGR Business Segment Update Commercial & Industrial (C&I) ▪ LTM revenue of $2.16B as of September 30, 2026 ▪ Back
Slide 10: MYR Group Core C&I Markets
10 Data Centers Transportation Healthcare Clean Energy, Storage & EV Charging E-Commerce Manufacturing Industrial Facilities MYR GROUP CORE C&I MARKETS ▪ FMI’s latest nonresidential construction index (NRCI) eased slightly to 51.7 compared to 55.1 in the previous quarterly reading. Scores above 50 i
Slide 11: 2026 Acquisition: Valley Electric & Comet Electric
11 ▪ Commercial & Industrial (C&I) electrical contractor ▪ Valley Electric Company, Inc. – Founded in 1982 and based in Everett, Washington ▪ Comet Electric, Inc. – Founded in 1976 and based in Chatsworth, California ▪ Combined annual revenues in excess of $400 million (2024- 2025) ▪ Closed on July
Slide 12: Data Center Drivers
12 AI Driven Demand Increased Cloud Services Greater Data Storage Needs Deceleration of Power Efficiency Gains Crypto Mining Operations DATA CENTER DRIVERS ▪ Data centers, a subsegment of the office sector, will continue driving sector growth through 2030, according to FMI’s engineering and construc
Slide 13: Clean Energy Transformation Partner
13 We don’t just create connections that empower people – we create connections that help our partners achieve their energy goals. Clean Energy Transformation Partner
Slide 14: ESG and sustainability
14 VIEW REPORT ▪ Reducing Our Impact on Projects - Scrap material recycling - Environmental compliance ▪ Clean Energy Transformation Partner - Clean energy interconnect work - Solar & energy storage projects - Electric vehicle charging installations ▪ Equity & Inclusion - 25% racially/ethnically div
Slide 15: Stock Price Performance vs. peers
15 MYRG - CAGR 32.51% EME - CAGR 45.55% PWR - CAGR 48.03% MTZ - CAGR 22.29% PRIM - CAGR 19.67% -200% 0% 200% 400% 600% 800% 1000% 1200% MYRG EME PWR MTZ PRIM Stock Price Performance Dividend-Adjusted Stock Return ( 1/4/21 - 9/30/26 ) Stock Price as of: MYRG EME PWR MTZ PRIM 1/4/2021 58.14$ 87.51$ 67
Slide 16: Q3 2026 Results – Record Highs
16 T&D $2.15B C&I $2.16B Business Segment Revenue Q3 2026 RESULTS – Record Highs $60.0M Net Income or $3.82 Per Diluted Share $3.68B Backlog $1.26B Revenue Our strong third-quarter results demonstrate the momentum across our business and the strength of our execution. We delivered record quarterly r
Slide 17: Balance Sheet Strength
17 53.7% 16.1% 13.7% 11.7% 10.7% 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% EME MYRG PWR PRIM MTZ 3-Year Average ROIC MYRG, PWR, EME, and MTZ 3-year period is September 2023 – September 2026 PRIM 3-year period is June 2023 – June 2026 ▪ Low debt leverage ▪ Strong balance sheet with $650M in availabili
Slide 18: Demonstrated Strong, Long-Term Execution: Financial Performance
18 $164.2 $175.8 $188.2 $117.8 $232.7 $340.7 $- $100 $200 $300 $400 2021 2022 2023 2024 2025 9/30/26 LTM M ill io n s EBITDA * EBITDA 16.6% CAGR * For reconciliation of EBITDA to net income, see page 21 QTR YEAR $1,789 $2,502 $2,512 $2,576 $2,824 $3,680 $- $1,000 $2,000 $3,000 $4,000 4 4 4 4 4 3 202
Slide 19: Executives & Board of Directors
19 EXECUTIVE LEADERSHIP Rick Swartz, CEO MYRG: 44 years Industry: 44 years 22 Years EXECUTIVES AVERAGE: With MYR Group MYR Group Inc. has a strong team of experienced leaders that make up our executive team and Board of Directors. We believe diversity of our leadership is a critical component of cre
Slide 20: Growth strategy and capital returns
20 Identify and evaluate strategic opportunities in the U.S. and Canada that achieve long-term growth objectives and leverage our core capabilities Focus on acquisitions that meet clear, long-term return thresholds and are compatible with MYR Group’s values and culture Focus on integration of proces
Slide 21: Reconciliation of Non-GAAP Measures
21 Demonstrated Strong Long-Term Execution Reconciliation of Non-GAAP Measures Note: EBITDA is not recognized under GAAP and does not purport to be an alternative to net income as a measure of operating performance or to net cash flows provided by operating activities as a measure of liquidity. EBIT
Slide 22: Investor Relations contact
22 NASDAQ: MYRG myrgroup.com JENNIFER HARPER MYR Group Inc., Vice President, Investor Relations and Treasurer Investorinfo@myrgroup.com HEADQUARTERS 12121 Grant Street, Suite 610 Thornton, CO 80241 Investorinfo@myrgroup.com