MYRG has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
MYRG has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
MYR Group's tax expense for the months ended in Mar. 2024 was $4 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2024 was $34 Mil.
The historical data trend for MYR Group's Tax Expense can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MYR Group Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Tax Expense | Get a 7-Day Free Trial | 14.23 | 22.63 | 31.30 | 30.82 | 34.01 |
MYR Group Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Tax Expense | Get a 7-Day Free Trial | 3.91 | 9.32 | 9.33 | 11.45 | 4.16 |
Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.
Tax Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $34 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MYR Group (NAS:MYRG) Tax Expense Explanation
In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.
Thank you for viewing the detailed overview of MYR Group's Tax Expense provided by GuruFocus.com. Please click on the following links to see related term pages.
Swartz Richard S. Jr. | officer: Group VP | MYR GROUP INC., 1701 GOLF ROAD SUITE 3-1012, ROLLING MEADOWS IL 60008-4210 |
William Fry | officer: VP, CLO and Secretary | 10370 RICHMOND AVE, SUITE 600, HOUSTON TX 77042 |
Don A. Egan | officer: SVP and COO C&I | 12121 GRANT STREET, SUITE 610, THORNTON CO 80241 |
Maurice E. Moore | director | 1100 LATHROP AVENUE, RIVER FOREST IL 60305 |
Betty R. Johnson | director | 1115 CENTRAL AVE #239, NAPLES FL 34103 |
Jennifer Elaine Lowry | director | 2 HOLLINS AVE, BALTIMORE MD 21210 |
Jeffrey J. Waneka | officer: SVP and COO C&I | 1701 GOLF ROAD, SUITE 3-1012, ROLLING MEADOWS IL 60008 |
Tod M. Cooper | officer: Senior Vice President | 1701 GOLF RD, SUITE 3-1012, ROLLING MEADOWS IL 60008 |
Bradley Thede Favreau | director | 438 CLEARMONT AVE, APT C, BROOKLYN NY 11238 |
Kelly Michelle Huntington | officer: Senior VP | 7575 NORTH PENNSYLVANIA STREET, INDIANAPOLIS IN 46240 |
Ajoy Hari Karna | director | 2501 M ST NW, UNIT 508, WASHINGTON DC 20037 |
William A Koertner | director, officer: Chairman, President and CEO | MYR GROUP INC., 1701 GOLF ROAD SUITE 3-1012, ROLLING MEADOWS IL 60008-4210 |
Shirin O'connor | director | 3054 CREEKSIDE DRIVE, SENECA SC 29672 |
William Patterson | director | 60 ARDMORE ROAD, HO-HO-KUS NJ 07423 |
Gary Ronald Johnson | director | 6599 PINNACLE DRIVE, EDEN PRAIRIE MN 55346 |
From GuruFocus
By sperokesalga sperokesalga • 02-08-2023
By sperokesalga sperokesalga • 03-27-2023
By sperokesalga sperokesalga • 02-27-2023
By Marketwired • 08-28-2023
By Marketwired • 08-22-2023
By PurpleRose PurpleRose • 08-24-2022
By Marketwired • 10-11-2023
By sperokesalga sperokesalga • 04-12-2023
By PurpleRose PurpleRose • 08-02-2022
By Value_Insider Value_Insider • 10-31-2022
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.