MYR Group Management
Management criteria checks 4/4
MYR Group's CEO is Rick Swartz, appointed in Jan 2017, has a tenure of 7.92 years. total yearly compensation is $4.62M, comprised of 18.8% salary and 81.2% bonuses, including company stock and options. directly owns 0.88% of the company’s shares, worth $21.22M. The average tenure of the management team and the board of directors is 4.8 years and 7.5 years respectively.
Key information
Rick Swartz
Chief executive officer
US$4.6m
Total compensation
| CEO salary percentage | 18.8% |
| CEO tenure | 7.9yrs |
| CEO ownership | 0.9% |
| Management average tenure | 4.8yrs |
| Board average tenure | 7.5yrs |
Recent management updates
Recent updates
At US$166, Is MYR Group Inc. (NASDAQ:MYRG) Worth Looking At Closely?
Dec 09
These 4 Measures Indicate That MYR Group (NASDAQ:MYRG) Is Using Debt Reasonably Well
Nov 23MYR Group's (NASDAQ:MYRG) Anemic Earnings Might Be Worse Than You Think
Nov 07After Leaping 26% MYR Group Inc. (NASDAQ:MYRG) Shares Are Not Flying Under The Radar
Oct 19Estimating The Intrinsic Value Of MYR Group Inc. (NASDAQ:MYRG)
Oct 18MYR Group Is A Company For Our Times, But It's Not Now Time For The Stock
Oct 02Should You Investigate MYR Group Inc. (NASDAQ:MYRG) At US$107?
Aug 20MYR Group Inc. (NASDAQ:MYRG) Stocks Pounded By 27% But Not Lagging Market On Growth Or Pricing
Aug 03MYR Group (NASDAQ:MYRG) Is Looking To Continue Growing Its Returns On Capital
Jul 12Does MYR Group (NASDAQ:MYRG) Have A Healthy Balance Sheet?
Jun 27Some Shareholders Feeling Restless Over MYR Group Inc.'s (NASDAQ:MYRG) P/E Ratio
Jun 07Concerns Surrounding MYR Group's (NASDAQ:MYRG) Performance
May 08When Should You Buy MYR Group Inc. (NASDAQ:MYRG)?
May 03It Looks Like Shareholders Would Probably Approve MYR Group Inc.'s (NASDAQ:MYRG) CEO Compensation Package
Apr 19Calculating The Intrinsic Value Of MYR Group Inc. (NASDAQ:MYRG)
Apr 11MYR Group: Demand Tailwinds And EPS Growth
Apr 01MYR Group's (NASDAQ:MYRG) Returns On Capital Are Heading Higher
Mar 26Earnings Update: Here's Why Analysts Just Lifted Their MYR Group Inc. (NASDAQ:MYRG) Price Target To US$171
Mar 02Here's Why We Think MYR Group (NASDAQ:MYRG) Might Deserve Your Attention Today
Feb 24Is MYR Group (NASDAQ:MYRG) A Risky Investment?
Feb 10Is There Now An Opportunity In MYR Group Inc. (NASDAQ:MYRG)?
Jan 29Is MYR Group Inc. (NASDAQ:MYRG) Trading At A 44% Discount?
Jan 04The Price Is Right For MYR Group Inc. (NASDAQ:MYRG)
Dec 18Is Now The Time To Put MYR Group (NASDAQ:MYRG) On Your Watchlist?
Nov 20Here's Why MYR Group (NASDAQ:MYRG) Can Manage Its Debt Responsibly
Oct 23MYR Group (NASDAQ:MYRG) Is Experiencing Growth In Returns On Capital
Sep 25Is There Now An Opportunity In MYR Group Inc. (NASDAQ:MYRG)?
Jul 12MYR Group (NASDAQ:MYRG) Is Doing The Right Things To Multiply Its Share Price
Jun 07Calculating The Intrinsic Value Of MYR Group Inc. (NASDAQ:MYRG)
May 25These 4 Measures Indicate That MYR Group (NASDAQ:MYRG) Is Using Debt Safely
May 10Should You Investigate MYR Group Inc. (NASDAQ:MYRG) At US$119?
Mar 16Returns On Capital Are Showing Encouraging Signs At MYR Group (NASDAQ:MYRG)
Feb 24MYR Group (NASDAQ:MYRG) Has A Pretty Healthy Balance Sheet
Feb 06Is There Now An Opportunity In MYR Group Inc. (NASDAQ:MYRG)?
Nov 30There's Been No Shortage Of Growth Recently For MYR Group's (NASDAQ:MYRG) Returns On Capital
Nov 12Should You Be Adding MYR Group (NASDAQ:MYRG) To Your Watchlist Today?
Oct 24Is MYR Group (NASDAQ:MYRG) A Risky Investment?
Oct 12MYR Group: Best Near-Term Electrical Infrastructure Cap-Gain Wealth-Builder
Sep 28Is MYR Group Inc. (NASDAQ:MYRG) Trading At A 46% Discount?
Sep 25Should You Think About Buying MYR Group Inc. (NASDAQ:MYRG) Now?
Aug 31The Return Trends At MYR Group (NASDAQ:MYRG) Look Promising
Aug 02MYR GAAP EPS of $1.15 in-line, revenue of $708.1M beats by $26.95M
Jul 27CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$38m |
| Jun 30 2024 | n/a | n/a | US$49m |
| Mar 31 2024 | n/a | n/a | US$87m |
| Dec 31 2023 | US$5m | US$870k | US$91m |
| Sep 30 2023 | n/a | n/a | US$92m |
| Jun 30 2023 | n/a | n/a | US$88m |
| Mar 31 2023 | n/a | n/a | US$86m |
| Dec 31 2022 | US$4m | US$813k | US$83m |
| Sep 30 2022 | n/a | n/a | US$80m |
| Jun 30 2022 | n/a | n/a | US$84m |
| Mar 31 2022 | n/a | n/a | US$86m |
| Dec 31 2021 | US$4m | US$769k | US$85m |
| Sep 30 2021 | n/a | n/a | US$82m |
| Jun 30 2021 | n/a | n/a | US$77m |
| Mar 31 2021 | n/a | n/a | US$69m |
| Dec 31 2020 | US$3m | US$717k | US$59m |
| Sep 30 2020 | n/a | n/a | US$53m |
| Jun 30 2020 | n/a | n/a | US$46m |
| Mar 31 2020 | n/a | n/a | US$40m |
| Dec 31 2019 | US$3m | US$681k | US$38m |
| Sep 30 2019 | n/a | n/a | US$36m |
| Jun 30 2019 | n/a | n/a | US$33m |
| Mar 31 2019 | n/a | n/a | US$33m |
| Dec 31 2018 | US$2m | US$591k | US$31m |
| Sep 30 2018 | n/a | n/a | US$34m |
| Jun 30 2018 | n/a | n/a | US$31m |
| Mar 31 2018 | n/a | n/a | US$26m |
| Dec 31 2017 | US$2m | US$564k | US$21m |
Compensation vs Market: Rick's total compensation ($USD4.62M) is below average for companies of similar size in the US market ($USD6.66M).
Compensation vs Earnings: Rick's compensation has been consistent with company performance over the past year.
CEO
Rick Swartz (60 yo)
7.9yrs
Tenure
US$4,622,911
Compensation
Mr. Richard S. Swartz, Jr., also known as Rick, has been the Chief Executive Officer and President of MYR Group Inc. since January 1, 2017. Mr. Swartz serves as the Director at MYR Group Inc. since April 2...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.9yrs | US$4.62m | 0.88% $ 21.2m | |
| Senior VP & CFO | 1.8yrs | US$1.66m | 0.019% $ 454.6k | |
| Senior VP | 5.9yrs | US$1.28m | 0.076% $ 1.8m | |
| Senior VP & COO of Commercial and Industrial | 1.6yrs | US$1.35m | 0.046% $ 1.1m | |
| Vice President of Human Resources | 4.8yrs | no data | no data | |
| Senior VP & COO of Transmission & Distribution | 1.2yrs | no data | 0.011% $ 271.0k | |
| VP & Treasurer | 4.9yrs | no data | no data | |
| President of Harlan Electric Co | no data | no data | no data | |
| President of High Country Line Construction | no data | no data | no data | |
| Chief Executive Officer of CSI Electrical Contractors | no data | no data | no data | |
| President of Powerline Plus Ltd & PLP Redimix Ltd | no data | no data | no data |
4.8yrs
Average Tenure
51yo
Average Age
Experienced Management: MYRG's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.7yrs | US$4.62m | 0.88% $ 21.2m | |
| Independent Chairman | 9.4yrs | US$290.00k | 0.14% $ 3.4m | |
| Independent Director | 9.4yrs | US$202.38k | 0.12% $ 2.8m | |
| Independent Director | 17yrs | US$204.88k | 0.20% $ 4.9m | |
| Independent Director | 6.4yrs | US$204.88k | 0.062% $ 1.5m | |
| Independent Director | 8.7yrs | US$189.88k | 0.079% $ 1.9m | |
| Independent Director | 2.6yrs | US$189.88k | 0.014% $ 345.5k | |
| Independent Director | 4.7yrs | US$189.88k | 0.033% $ 809.3k |
7.5yrs
Average Tenure
60yo
Average Age
Experienced Board: MYRG's board of directors are considered experienced (7.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 08:49 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
MYR Group Inc. is covered by 19 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Wittmann | Baird |
| Alexander Rygiel | B. Riley Securities, Inc. |
| Robert Burleson | Canaccord Genuity |