What is the ROCE (Return on Capital Employed) of MYR Group this year?
The ROCE of MYR Group is 0.19 undefined this year.
MYR Group ROCE 2024
MYR Group ROCE
0.19
Ticker
MYRG
ISIN
US55405W1045
WKN
A0Q9UM
In 2024, MYR Group's return on capital employed (ROCE) was 0.19, a -4.53% increase from the 0.2 ROCE in the previous year.
MYR Group Aktienanalyse
What does MYR Group do?
MYR Group Inc is an American company that has been operating in the field of electrical installation and energy construction for almost 130 years. The company was founded in 1891 in Chicago as Morrissey & O'Connor and initially focused primarily on the construction of tram systems. Over the years, the company's areas of activity have continued to expand, and today it employs over 7,000 employees in over 25 states in the US and in Canada. The business model of MYR Group Inc can be described as diversified and includes various sectors such as electrical installation, energy infrastructure, and industrial maintenance. The company specializes in the construction, maintenance, repair, and maintenance of electrical systems and facilities, as well as the construction of energy infrastructures such as transmission lines, substations, and distribution stations. Other services offered by the company include engineering, planning, and construction of wind and solar energy systems, as well as the installation and maintenance of lighting systems within industrial facilities. Within the electrical installation sector, MYR Group Inc is able to offer a variety of services, including installations of electrical systems and equipment in residential, commercial, and industrial buildings. This also includes the integration of modern technologies such as LED lighting and intelligent building control systems, which are used to increase efficiency. In the field of energy infrastructure, MYR Group Inc offers a wide range of services to meet the need for a safe and reliable energy supply. This includes planning, construction, and maintenance of energy transmission and distribution networks, as well as the installation and maintenance of power and gas networks. The industrial maintenance sector is essentially specialized in the maintenance and servicing of industrial plants. In this regard, MYR Group Inc offers a variety of services such as preventive maintenance, repairs, and modernizations to increase efficiency, minimize downtime, and ensure the safety of the facilities. An interesting product offered by the company is the so-called "Pre-Fab" solution. This involves pre-assembled units that are manufactured off-site and can then be installed at the work site. This reduces work time at the job site and can save costs at the same time. MYR Group Inc takes pride in its skilled workforce and is strongly committed to their training and development. The company also invests in state-of-the-art technology and has a wide network of suppliers. Furthermore, the company emphasizes sustainability and environmental compatibility along the entire production and supply chain process. Overall, it can be said that MYR Group Inc is a diversified company that specializes in electrical works and energy infrastructure. With its various sectors, services, and products, the company is able to be involved in every phase of a project, from planning to implementation and maintenance. MYR Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROCE Details
Unraveling MYR Group's Return on Capital Employed (ROCE)
MYR Group's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.
Year-to-Year Comparison
Analyzing MYR Group's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.
Impact on Investments
MYR Group's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.
Interpreting ROCE Fluctuations
Changes in MYR Group’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.
Frequently Asked Questions about MYR Group stock
How has the ROCE (Return on Capital Employed) of MYR Group developed compared to the previous year?
The ROCE of MYR Group has increased by -4.53% decreased compared to the previous year.
What does a high ROCE (Return on Capital Employed) mean for investors of MYR Group?
A high Return on Capital Employed (ROCE) indicates that MYR Group has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.
What does a low ROCE (Return on Capital Employed) mean for investors of MYR Group?
A low ROCE (Return on Capital Employed) can indicate that MYR Group has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.
How does an increase in ROCE from MYR Group impact the company?
An increase in the ROCE of MYR Group can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.
How does a reduction in the ROCE of MYR Group affect the company?
A decrease in ROCE of MYR Group can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.
What are some factors that can influence the ROCE of MYR Group?
Some factors that can affect MYR Group's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.
Why is the ROCE of MYR Group so important for investors?
The ROCE of MYR Group is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.
What strategic measures can MYR Group take to improve the ROCE?
To improve the ROCE, MYR Group can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.
How much dividend does MYR Group pay?
Over the past 12 months, MYR Group paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, MYR Group is expected to pay a dividend of 0 USD.
What is the dividend yield of MYR Group?
The current dividend yield of MYR Group is .
When does MYR Group pay dividends?
MYR Group pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of MYR Group?
MYR Group paid dividends every year for the past 0 years.
What is the dividend of MYR Group?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is MYR Group located?
MYR Group is assigned to the 'Industry' sector.
Wann musste ich die Aktien von MYR Group kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of MYR Group from 11/16/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 11/16/2024.
When did MYR Group pay the last dividend?
The last dividend was paid out on 11/16/2024.
What was the dividend of MYR Group in the year 2023?
In the year 2023, MYR Group distributed 0 USD as dividends.
In which currency does MYR Group pay out the dividend?
The dividends of MYR Group are distributed in USD.
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Andere Kennzahlen von MYR Group
Our stock analysis for MYR Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of MYR Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
