MYR Group
MYRG
$168.16
Share price
1.26%
Change (1 day)
42.59%
Change (1 year)
Categories
Operating Margin for MYR Group (MYRG)
Operating Margin as of April 2024 (TTM): 3.79%
According to MYR Group's latest financial reports and stock price the company's current Operating Margin is 3.79%. At the end of 2022 the company had an Operating Margin of 3.80%.
Operating Margin history for MYR Group from 2007 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 3.80% | -18.46% |
| 2021 | 4.66% | 28.56% |
| 2020 | 3.62% | 48.69% |
| 2019 | 2.44% | -13.41% |
| 2018 | 2.81% | 60.19% |
| 2017 | 1.76% | -47.68% |
| 2016 | 3.36% | -19.56% |
| 2015 | 4.17% | -32.03% |
| 2014 | 6.14% | 1% |
| 2013 | 6.08% | 11.03% |
| 2012 | 5.47% | 47.03% |
| 2011 | 3.72% | -12.35% |
| 2010 | 4.25% | 0.5% |
| 2009 | 4.23% | -33.44% |
| 2008 | 6.35% | -1286.78% |
| 2007 | -0.54% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Quanta Services
PWR | 4.38% | 15.57% | 🇺🇸 USA |
 Tetra Tech
TTEK | 10.05% | 165.17% | 🇺🇸 USA |
 Primoris Services Corporation
PRIM | 3.60% | -5.01% | 🇺🇸 USA |
 Matrix Service MTRX | -4.92% | -229.82% | 🇺🇸 USA |
 MasTec MTZ | 0.44% | -88.39% | 🇺🇸 USA |
 Dycom Industries DY | 4.72% | 24.54% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.