Myr (MYRG) Tax Rate (2010 - 2026)
Myr's (MYRG) quarterly Tax Rate came in at 25.74% in Q2 2026, down 348.0% year-over-year from 10.38% in Q2 2025, and down 4.32% quarter-over-quarter from 26.9% in Q1 2026.
Analysis
Myr (MYRG) Tax Rate (2010 - 2026) Analysis & Trends
Myr (MYRG) has reported Tax Rate for 17 consecutive years, with 25.74% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate fell 348.0% year-over-year to 25.74% in Q2 2026; TTM through Jun 2026 was 25.64%, a 835.0% decrease from a year earlier, with the FY2025 full-year figure at 26.58%, down 833.0% from the prior year.
- Tax Rate was 25.74% for Q2 2026 at Myr, down from 26.9% 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 28.03% and a median of 29.3% in 2022 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate jumped 1228 bps in 2024 and tumbled 1971 bps in 2025, its largest moves.
- Over 5 years, Tax Rate stood at 31.31% in 2022, then rose by 3 bps to 32.26% in 2023, then climbed by 27 bps to 40.93% in 2024, then tumbled by 48 bps to 21.22% in 2025, then grew by 21 bps to 25.74% in 2026.
- The last three Tax Rate figures came in at 25.74% (Q2 2026), 26.9% (Q1 2026), and 21.22% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 94.39 Bn | 93.88 Bn | 1.55 Bn | 25.53% |
| 2 | Mastec | 18.81 Bn | 18.50 Bn | 556.28 Mn | 24.77% |
| 3 | IES Holdings | 12.95 Bn | 12.56 Bn | 340.66 Mn | 25.04% |
| 4 | Dycom Industries | 8.42 Bn | 7.71 Bn | - | - |
| 5 | Everus Construction | 6.01 Bn | 5.83 Bn | 182.92 Mn | 26.73% |
| 6 | Myr | 4.47 Bn | 4.33 Bn | 142.67 Mn | 25.74% |
| 7 | Primoris Services | 4.01 Bn | 3.79 Bn | 82.40 Mn | 33.88% |
| 8 | Centuri Holdings | 2.04 Bn | 2.00 Bn | 69.14 Mn | 50.03% |
| 9 | Magnitude International | 225.45 Mn | 223.35 Mn | - | - |
| 10 | Energy Services of America | 217.70 Mn | 203.02 Mn | 14.32 Mn | 21.43% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.74% |
| Mar 31, 2026 | 26.90% |
| Dec 31, 2025 | 21.22% |
| Sep 30, 2025 | 28.25% |
| Jun 30, 2025 | 29.22% |
| Mar 31, 2025 | 28.87% |
| Dec 31, 2024 | 40.93% |
| Sep 30, 2024 | 42.53% |
| Jun 30, 2024 | 30.99% |
| Mar 31, 2024 | 18.00% |
| Dec 31, 2023 | 32.26% |
| Sep 30, 2023 | 30.25% |
| Jun 30, 2023 | 29.51% |
| Mar 31, 2023 | 14.44% |
| Dec 31, 2022 | 31.31% |
| Sep 30, 2022 | 29.39% |
| Jun 30, 2022 | 29.39% |
| Mar 31, 2022 | 15.37% |
| Dec 31, 2021 | 29.86% |
| Sep 30, 2021 | 24.62% |