Myr (MYRG) Tax Rate (2010 - 2026)
Myr (MYRG) reported Tax Rate of 26.9% for Q1 2026, down 196.0% year-over-year from 28.02% in Q1 2025, and up 26.79% quarter-over-quarter from 21.22% in Q4 2025.
Myr (MYRG) Tax Rate (2010 - 2026) Analysis & Trends
Myr (MYRG) has 17 years of Tax Rate data on file, last reported at 26.9% in Q1 2026.
- Tax Rate for Q1 2026 came in at 26.9%, down 196.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 26.3% (down 1204.0% YoY), and the FY2025 annual result was 26.58%, down 833.0% from the prior year.
- Tax Rate advanced to 26.9% in Q1 2026 per MYRG's latest filing, from 21.22% in the prior quarter.
- Over five years, Tax Rate peaked at 42.53% in Q3 2024 and troughed at 14.44% in Q1 2023.
- A 5-year average of 28.17% and a median of 29.39% in 2022 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2024 and 2025: Tax Rate surged 1228 bps in 2024, then slumped 1971 bps in 2025.
- 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 slumped by 48 bps to 21.22% in 2025, then gained by 27 bps to 26.9% in 2026.
- Business Quant data shows MYRG's Tax Rate at 26.9% in Q1 2026, 21.22% in Q4 2025, and 28.25% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 103.56 Bn | 103.29 Bn | 1.11 Bn | 9.72% |
| 2 | Comfort Systems Usa | 64.33 Bn | 63.28 Bn | 754.41 Mn | 23.18% |
| 3 | Emcor | 36.81 Bn | 35.90 Bn | 863.95 Mn | 25.50% |
| 4 | Mastec | 27.54 Bn | 27.38 Bn | 477.90 Mn | 23.81% |
| 5 | Sterling Infrastructure | 25.78 Bn | 25.28 Bn | 194.30 Mn | 24.50% |
| 6 | APi | 18.83 Bn | 18.18 Bn | 620.00 Mn | 19.72% |
| 7 | Jacobs Solutions | 14.81 Bn | 13.43 Bn | 794.89 Mn | 34.52% |
| 8 | IES Holdings | 14.35 Bn | 14.09 Bn | 254.79 Mn | 25.78% |
| 9 | Dycom Industries | 13.61 Bn | 12.90 Bn | - | - |
| 10 | Myr | 6.59 Bn | 6.43 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% |