Myr Group, Inc. · NASDAQ:MYRG
Myr — Q1 2026 Earnings Presentation
22 slides from Myr's earnings presentation, May 2026
Slide 1: Investor Presentation Q1 May 2026
INVESTOR PRESENTATION Q1 | MAY 2026 | NASDAQ: MYRG 1
Slide 2: Safe Harbor Notice: Forward-Looking Statements
Safe Harbor Notice Forward-Looking Statements 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
Slide 3: MYR Group Inc. A Market Leader In Electrical Construction
MYR Group Inc. A Market Leader In Electrical Construction MYR Group Inc. is a holding company of subsidiaries that has delivered some of the largest and most notable electrical infrastructure and commercial and industrial projects throughout the United States and Canada since 1891. CONTINUED GROWTH
Slide 4: Ranked Among Top 5 U.S. Specialty Electrical Contractors; Revenue Growth
RANKED AMONG TOP 5 $3.82B LTM 3/31/2026 U.S. SPECIALTY $3.66B ELECTRICAL CONTRACTORS 2025 30 YEARS IN A ROW1 $3.36B 2024 $3.64B 2023 $3.01B 2022 $2.50B 2021 REVENUE CAGR 10.5% 1. Engineering News-Record 4
Slide 5: What We See: Outlook
What We See Outlook 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 incr
Slide 6: Electrical Construction Project Delivery: Depth & Breadth of Expertise
Electrical Construction Project Delivery Depth & Breadth of Expertise Industry leader and trusted partner DEN CONCOURSE Strong, long-standing customer relationships EXPANSIONS Experience with small to large, fast-track projects Colorado; $190M+, 3-year project; 55-gate concourse Deliver high
Slide 7: Business Segment Update: Transmission & Distribution (T&D)
Business Segment Update Transmission & Distribution (T&D) LTM revenue of $2.08B as of March 31, 2026 Backlog of $981M as of March 31, 2026* Strong, long-standing relationships with a diverse customer base where approximately 70% of business is performed under Master Service Agreements Acquir
Slide 8: Strong, Long-Term Drivers: T&D Market Outlook
Strong, Long-Term Drivers U.S. electricity usage is expected to grow by 1 percent in 2026 and 3 percent in 2027, following two T&D Market Outlook years of consumption growth. This would be the strongest four-year growth period since 2000. The driving factor is increased demand from “large computin
Slide 9: Business Segment Update: Commercial & Industrial (C&I)
Business Segment Update Commercial & Industrial (C&I) LTM revenue of $1.74B as of March 31, 2026 Backlog of $1.86B as of March 31, 2026 Growth in our core markets is driven by increasing investments in data centers, transportation, clean energy, and healthcare, as well as reshoring of manufact
Slide 10: Strong, Long-Term Drivers: C&I Market Outlook
Strong, Long-Term Drivers C&I Market Outlook MYR Group’s C&I segment sees steady bidding opportunities in its core markets MYR GROUP CORE C&I MARKETS and continues to be well diversified. Data Centers Transportation Healthcare FMI’s latest nonresidential construction index (NRCI) eased slightly to
Slide 11: 2026 Acquisition: Valley Electric & Comet Electric
2026 Acquisition Valley Electric & Comet Electric Commercial & Industrial (C&I) electrical contractor GEOGRAPHIC REACH Expands our C&I reach with six office locations throughout Washington and Valley Electric Company, Inc. – Founded in 1982 and based in California, serving customers in WA, CA, O
Slide 12: Market Opportunities for Both T&D and C&I: Data Center Market Expansion
Market Opportunities for Both T&D and C&I Date Center Market Expansion Data centers, a subsegment of the office sector, has the highest anticipated growth according to FMI’s first quarter engineering and construction outlook. They estimated that data center market spending was 35% higher in 2025 t
Slide 13: Clean Energy Transformation Partner
Clean Energy Transformation Partner We don’t just create connections that empower people – we create connections that help our partners achieve their energy goals. 13
Slide 14: Building a Sustainable Future with Corporate Responsibility
Building a Sustainable Future with Corporate Responsibility Reducing Our Impact on Projects Keeping Safety at Our Core - Scrap material recycling - Behavioral commitment to safety - Environmental compliance - Strong culture built on leadership, employee dedication, top- notch training programs,
Slide 15: Stock Price Performance: Dividend-Adjusted Stock Return
Stock Price Performance Dividend-Adjusted Stock Return Dividend-Adjusted Stock Return (01/04/2021 - 03/31/2026) MYRG Div.-Adj. Return EME Div.-Adj. Return PWR Div.-Adj. Return MTZ Div.-Adj. Return PRIM Div. Adj.-Return 900.0% Dividend Adjusted Stock Return EME - CAGR 50.22% 800.0% Stock Price as of:
Slide 16: Delivering Strong Returns: Financial Snapshot
Delivering Strong Returns Financial Snapshot We started the year with strong momentum, delivering year-over-year increases in Q1 2026 RESULTS revenue and gross profit, along with record quarterly net income, EBITDA, and backlog. By deepening relationships with strategic customers and continuing to i
Slide 17: Well-Positioned to Support Additional Growth: Balance Sheet Strength
Well-Positioned to Support Additional Growth Balance Sheet Strength CAPEX Investment CAPEX Spend CAPEX % of Rev Low debt leverage $120 3.0% Strong balance sheet with $460M in availability Millions $94.4 $97.4 $100 $84.7 2.8% $77.1 $75.9 under our $490M credit facility and $163M in $80 $52.4 2.6%
Slide 18: Demonstrated Strong, Long-Term Execution: Financial Performance
Demonstrated Strong, Long-Term Execution Financial Performance Backlog Revenue by Segment Backlog > 12 Mo 12 Mo. Backlog 11.5% CAGR T&D C&I 10.5% CAGR $2,824 $2,843 $5,000 $3,000 $2,576 $2,512 Millions Millions $3,825 $2,502 $3,644 $3,658 $4,000 $3,362 $3,009 $1,789 $2,000 $3,000 $2,498 $2,000 $1,00
Slide 19: Executives & Board of Directors: Experienced Leadership Team
Executives & Board of Directors Experienced Leadership Team BOARD OF DIRECTORS STATISTICS 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 25% 38% 88% 5:3 Racially / Ethnically Majorit
Slide 20: Creating Shareholder Value
Creating Shareholder Value Strategic expansion of geographic footprint into new markets in the U.S. and Canada Invest in additional fleet and labor resources to ORGANIC GROWTH expand capacity Expand in new and existing markets Leverage extensive bid knowledge and long-term that align with core capab
Slide 21: Reconciliation of Non-GAAP Measures
Demonstrated Strong Long-Term Execution Reconciliation of Non-GAAP Measures EBITDA FREE CASH FLOW $ In Mi ll ions FY LTM LTM 2021 2022 2023 2024 2025 3/31/2026 3/31/2026 Net Income $ 85.0 $ 83.4 $ 91.0 $ 30.3 $ 118.4 $ 141.9 Net cash flow from operating activities $ 328.0 Interest Expense, net 1.7 3
Slide 22: myrgroup.com NASDAQ: MYRG
myrgroup.com NASDAQ: MYRG HEADQUARTERS JENNIFER HARPER 12121 Grant Street, Suite 610 MYR Group Inc., Vice President, Thornton, CO 80241 Investor Relations and Treasurer Investorinfo@myrgroup.com Investorinfo@myrgroup.com 22