EX-99.1 2 financialsnapshotq12022.htm EX-99.1 financialsnapshotq12022
FINANCIAL SNAPSHOT Q1 HIGHLIGHTS FINANCIAL OVERVIEW AS OF MARCH 31, 2022 LTM REVENUE $2.54B 9.5% LTM LTM EBITDA* $164.5M 14% LTM *See reconciliation of non-GAAP measures in our recently filed press release and investor presentation. LTM NET INC. $85.8M 24.7% LTM LTM EPS $5.00 per diluted share 23.2% LTM Our strong first quarter performance positions us well for what we expect to be a successful year in 2022. Our backlog at the end of the first quarter was a record $2.41 billion, reflecting our solid customer relationships and ability to be competitive in the markets we serve. “ ”Rick Swartz President and CEO BUSINESS SEGMENTS First quarter revenues of $636.6 million $44.1 (7.4%) Q1 YoY First quarter net income of $20.7 million, or $1.21 per diluted share $0.04 (3.4%) Q1 YoY Record Backlog remains strong at $2.41 billion 34.5% QoQ TRANSMISSION & DISTRIBUTION $364.9M $1.35B First Quarter 2022 Revenues Q1 LTM 2022 Revenues COMMERCIAL & INDUSTRIAL $271.8M $1.19B First Quarter 2022 Revenues Q1 LTM 2022 Revenues


 
WWW.MYRGROUP.COM | 12150 E 112TH AVENUE, HENDERSON, CO 80640 | 303.286.8000 | NASDAQ: MYRG MYR GROUP CONSISTS OF THE FOLLOWING SUBSIDIARIES: CSI Electrical Contractors, Inc. E.S. Boulos Company Great Southwestern Construction, Inc. Harlan Electric Company High Country Line Construction, Inc. Huen Electric, Inc. The L.E. Myers Co. MYR Energy Services, Inc. Powerline Plus Ltd. Sturgeon Electric Company, Inc. Sturgeon Electric California, LLC Western Pacific Enterprises Ltd. • • • • • • • • • • • • $317.5M Available at 3/31/2022 under our $375M Credit Facility DIVERSE BOARD 3 of 9 are diverse in Board of Directors, as of 3/31/2022 (Chairman & CEO are separate positions) 1891 ROOTS 130+ years of building & maintaining critical electrical infrastructure 7,900+ Employees throughout U.S. & Canada STRONG SAFETY PERFORMANCE 2021 TCIR – 1.24 2021 LTIR – 0.09 LOCATIONS THROUGHOUT THE U.S. AND CANADA COMPANY PROFILE