---
title: "MYRG MYR Group"
canonical: "https://supercyclehq.com/stock/myr-group"
type: "stock"
dataAsOf: "2026-11-02"
ticker: "MYRG"
license: "Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset."
disclaimer: "Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI."
---

# MYR Group (MYRG)

MYR Group is an electrical construction company.

## AI Exposure Score

**45/100, Growing.** MYR is positioned on both the building side and the grid side of data center electrical demand, wiring facilities and constructing the transmission and substations that connect them. The thesis depends on data center work growing within a revenue base that remains broad utility and commercial electrical construction.

## Quote

| Field | Value |
| --- | --- |
| Price (EOD close) | $278.24 |
| Change 1d | -1.55% |
| Change 7d | +6.80% |
| Change 30d | -8.70% |
| Change 1y | +22.32% |
| 52-week high | $501.13 |
| 52-week low | $203.61 |
| Market cap | $4.3B |
| P/E | 22.62 |
| EPS | $12.30 |
| Next earnings | 2026-10-28 |

Quote as of 2026-11-02.

## Company

| Field | Value |
| --- | --- |
| Exchange | NASDAQ |
| Sector | Industrials |
| Headquarters | Thornton, CO |
| CEO | Richard S. Swartz Jr. |
| Employees | 9,000 |
| Website | https://www.myrgroup.com |
| Buildout layers | [Utilities & Grid](https://supercyclehq.com/category/utilities-grid), [Data Centers & Hardware](https://supercyclehq.com/category/data-centers) |

## What the company does

MYR Group is an electrical construction company. Its crews build and maintain high voltage transmission lines, substations, and distribution networks for utilities, and install electrical systems inside commercial and industrial facilities, earning revenue on construction contracts across the United States and Canada.

Its two segments both touch the AI story. Transmission & Distribution builds the grid infrastructure, including the interconnections and substations that new data centers need to draw power. Commercial & Industrial wires large facilities, and data centers have become a meaningful part of that project mix alongside hospitals, airports, and manufacturing plants.

Founded in 1891 as The L.E. Myers Co., MYR Group is headquartered in Thornton, Colorado, employs about 9,000 people, and trades on the NASDAQ.

## Role in the AI buildout

MYR Group spans two layers of the buildout. In the Utilities & Grid layer, its Transmission & Distribution crews build the lines and substations that connect power hungry data centers to the grid, one of the tightest bottlenecks in the expansion. In the Data Centers layer, its Commercial & Industrial segment performs electrical installation inside the facilities themselves. Both demand streams are growing, though they sit within a broad utility and commercial construction base.

## Tracked investors holding it (13F)

| Investor | Fund | Position value | Portfolio % | Change | Period |
| --- | --- | --- | --- | --- | --- |
| [Ray Dalio](https://supercyclehq.com/investors/ray-dalio) | Bridgewater Associates | $3.1M | 0.01% | new | 2026-06-30 |

## FAQ

### What does MYR Group do?

MYR Group is an electrical construction firm. It builds transmission lines, substations, and distribution networks for utilities, and installs electrical systems in commercial and industrial buildings, including data centers, across the United States and Canada.

### How is MYR Group exposed to AI?

MYR wires data centers through its Commercial & Industrial segment and builds the grid connections they need through its Transmission & Distribution segment. Supercycle rates it Growing with an AI Exposure Score of 45 out of 100.

### Why does the AI buildout need companies like MYR?

New data centers need grid interconnections, substations, and internal electrical systems, all built by skilled electrical contractors. That labor is scarce, so utilities and developers depend on established firms like MYR to energize sites on schedule.

### Who leads MYR Group?

Richard S. Swartz Jr. serves as CEO of MYR Group. The company traces its history to 1891, is headquartered in Thornton, Colorado, and employs about 9,000 people across its transmission, distribution, and commercial electrical operations.

### Is MYRG a pure play AI stock?

No. Supercycle scores MYR Group 45 out of 100, in the Growing tier. Data center and grid interconnection work is a rising demand stream, but most revenue still comes from broad utility and commercial electrical construction.

---

Source: https://supercyclehq.com/stock/myr-group. Data as of 2026-11-02. Prices are end-of-day closes, never live.

Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI.

Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset.