MYR Group, Inc. — Earnings Quality Grade C
MYRG · Industrials
Some red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 60 days, change -11 days YoY
AR growth -8.0% vs revenue growth 8.8%
Revenue 8.8%, CFFO 274.9%. Cash follows revenue
Expense Quality
No material inventory
CapEx growth 24.3% is >2x revenue growth 8.8%
SG&A/Gross Profit = 60.5%. Normal
Gross margin 11.6%, change +3.0pp. Stable
Cash Flow Quality
CFFO/NI = 2.76. Profits backed by cash
FCF < 50% of Net Income for 2 years
Accruals ratio = -12.7%. Low accruals
Cash $0.2B covers debt $0.1B
Balance Sheet Health
Goodwill+Intangibles $0.2B = 28% of equity. Manageable
Debt/EBITDA = 0.4x. Healthy
Other assets grew 61.8% vs revenue 8.8%
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -0% YoY. Normal
Manipulation Score
M-Score = -3.32 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25
