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
DateValue
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%