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
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%