MYR Cost Of Revenue from 2010 to 2024

MYRG Stock  USD 145.46  0.09  0.06%   
MYR's Cost Of Revenue is increasing over the last several years with slightly volatile swings. Cost Of Revenue is estimated to finish at about 3.4 B this year. During the period from 2010 to 2024 MYR Group Cost Of Revenue regressed destribution of quarterly values had coefficient of variationof  63.75 and r-value of  0.95. View All Fundamentals
 
Cost Of Revenue  
First Reported
1989-03-31
Previous Quarter
789.3 M
Current Value
810.8 M
Quarterly Volatility
222.7 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MYR financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MYR's main balance sheet or income statement drivers, such as Depreciation And Amortization of 62.1 M, Interest Expense of 5.2 M or Total Revenue of 3.8 B, as well as many indicators such as Price To Sales Ratio of 0.63, Dividend Yield of 0.17 or PTB Ratio of 3.52. MYR financial statements analysis is a perfect complement when working with MYR Valuation or Volatility modules.
  
Check out the analysis of MYR Correlation against competitors.

Latest MYR's Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of MYR Group over the last few years. Cost of Revenue is found on MYR Group income statement and represents the costs associated with goods and services MYR provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is MYR's Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MYR's overall financial position and show how it may be relating to other accounts over time.
Cost Of Revenue10 Years Trend
Slightly volatile
   Cost Of Revenue   
       Timeline  

MYR Cost Of Revenue Regression Statistics

Arithmetic Mean1,549,849,760
Geometric Mean1,202,601,767
Coefficient Of Variation63.75
Mean Deviation812,042,779
Median1,278,313,000
Standard Deviation987,997,873
Sample Variance976139.8T
Range3.3B
R-Value0.95
Mean Square Error93046.8T
R-Squared0.91
Slope210,919,324
Total Sum of Squares13665957.1T

MYR Cost Of Revenue History

20243.4 B
20233.3 B
20222.7 B
20212.2 B
2020B
20191.9 B
20181.4 B

About MYR Financial Statements

MYR stakeholders use historical fundamental indicators, such as MYR's Cost Of Revenue, to determine how well the company is positioned to perform in the future. Although MYR investors may analyze each financial statement separately, they are all interrelated. For example, changes in MYR's assets and liabilities are reflected in the revenues and expenses on MYR's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in MYR Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cost Of Revenue3.3 B3.4 B

Currently Active Assets on Macroaxis

When determining whether MYR Group is a strong investment it is important to analyze MYR's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MYR's future performance. For an informed investment choice regarding MYR Stock, refer to the following important reports:
Check out the analysis of MYR Correlation against competitors.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MYR. If investors know MYR will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MYR listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.49)
Earnings Share
2.28
Revenue Per Share
212.925
Quarterly Revenue Growth
(0.06)
Return On Assets
0.022
The market value of MYR Group is measured differently than its book value, which is the value of MYR that is recorded on the company's balance sheet. Investors also form their own opinion of MYR's value that differs from its market value or its book value, called intrinsic value, which is MYR's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MYR's market value can be influenced by many factors that don't directly affect MYR's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MYR's value and its price as these two are different measures arrived at by different means. Investors typically determine if MYR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MYR's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.