Myr (MYRG) Tax Rate (2010 - 2026)
Myr (MYRG) posted quarterly Tax Rate of 26.9% for Q1 2026, down 196.0% YoY from 28.02% in Q1 2025, and up 26.79% sequentially from 21.22% in Q4 2025.
Myr (MYRG) Tax Rate (2010 - 2026) Analysis & Trends
Myr has disclosed Tax Rate across 17 years of filings, most recently posting 26.9% for Q1 2026.
- In Q1 2026, Tax Rate fell 196.0% year-over-year to 26.9%; the TTM figure through Mar 2026 stood at 26.3% (down 1204.0% YoY), while the FY2025 annual figure was 26.58%, down 833.0% from the prior year.
- Tax Rate improved to 26.9% in Q1 2026, from 21.22% in the prior quarter.
- Over the last five years, Tax Rate for MYRG reached as high as 42.53% in Q3 2024 and fell as low as 14.44% in Q1 2023.
- The 5-year median for Tax Rate is 29.39% (2022), against an average of 28.17%.
- Annual changes were most pronounced in 2024 — Tax Rate surged 1228 bps — and 2025, when it plunged 1971 bps.
- A 5-year view of Tax Rate shows it stood at 31.31% in 2022, then gained by 3 bps to 32.26% in 2023, then grew by 27 bps to 40.93% in 2024, then plunged by 48 bps to 21.22% in 2025, then gained by 27 bps to 26.9% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 26.9%, 21.22%, and 28.25% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Stantec | 7,704.08 Bn | 7,704.08 Bn | 914.10 Mn | 24.42% |
| 2 | Quanta Services | 103.60 Bn | 103.33 Bn | 1.11 Bn | 9.72% |
| 3 | Mastec | 30.47 Bn | 30.31 Bn | 477.90 Mn | 23.81% |
| 4 | Sterling Infrastructure | 23.80 Bn | 23.30 Bn | 194.30 Mn | 24.50% |
| 5 | APi | 18.02 Bn | 17.38 Bn | 620.00 Mn | 19.72% |
| 6 | Jacobs Solutions | 14.73 Bn | 13.35 Bn | 794.89 Mn | 34.52% |
| 7 | IES Holdings | 13.95 Bn | 13.69 Bn | 254.79 Mn | 25.78% |
| 8 | Aecom | 8.61 Bn | 7.78 Bn | 296.50 Mn | 12.12% |
| 9 | Everus Construction | 7.72 Bn | 7.42 Bn | 130.73 Mn | 26.67% |
| 10 | Myr | 7.20 Bn | 7.03 Bn | 134.44 Mn | 26.90% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.90% |
| Mar 31, 2026 | 26.90% |
| Dec 31, 2025 | 21.22% |
| Dec 31, 2025 | 21.22% |
| Sep 30, 2025 | 28.25% |
| Sep 30, 2025 | 28.25% |
| Jun 30, 2025 | 29.22% |
| Jun 30, 2025 | 29.22% |
| Mar 31, 2025 | 28.87% |
| Mar 31, 2025 | 28.87% |
| Dec 31, 2024 | 40.93% |
| Dec 31, 2024 | 40.93% |
| Sep 30, 2024 | 42.53% |
| Sep 30, 2024 | 42.53% |
| Jun 30, 2024 | 30.99% |
| Jun 30, 2024 | 30.99% |
| Mar 31, 2024 | 18.00% |
| Mar 31, 2024 | 18.00% |
| Dec 31, 2023 | 32.26% |
| Dec 31, 2023 | 32.26% |