Is MYR GROUP INC. (MYRG) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 3.0% / 30% | 0.1% / 30% | 23.9% / 30% | 0.01% / 5% | ✓ HALAL |
| DJIM | 3.0% / 33% | 0.1% / 33% | 23.9% / 33% | 0.01% / 5% | ✓ HALAL |
| MSCI | 7.6% / 33% | 0.2% / 33% | 61.5% / 33% | 0.01% / 5% | ✗ NOT HALAL |
| S&P | 3.0% / 33% | 0.1% / 33% | 23.9% / 33% | 0.01% / 5% | ✓ HALAL |
| FTSE | 7.6% / 33% | 0.2% / 33% | 61.5% / 50% | 0.01% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 11.6% | |
| Operating Margin | 4.7% | |
| Net Margin | 3.2% | |
| Return on Equity (ROE) | 18.8% | |
| Return on Assets (ROA) | 6.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $327M |
| Free Cash Flow | $232M |
| Total Debt | $104M |
| Debt-to-Equity | 15.7 |
| Current Ratio | 1.3 |
| Total Assets | $1.6B |
Price & Trading
| Last Close | $269.06 |
| 50-Day MA | $264.79 |
| 200-Day MA | $217.06 |
| Avg Volume | 244K |
| Beta | 1.1 |
|
52-Week Range
$97.72
| |
About MYR GROUP INC. (MYRG)
MYR Group Inc., through its subsidiaries, provides electrical construction services in the United States and Canada. The company operates through two segments: Transmission and Distribution, and Commercial and Industrial. Its Transmission and Distribution segment offers a range of services on electric transmission and distribution networks, and substation facilities, including design, engineering, procurement, construction, upgrade, maintenance, and repair services with primary focus on construction, maintenance, and repair to customers in the electric utility industry; and services, including construction and maintenance of high voltage transmission lines, substations, and lower voltage underground and overhead distribution systems, clean energy projects, and electric vehicle charging infrastructure services, as well as emergency restoration services in response to hurricane, wildfire, ice storm, or other related damages. This segment serves as prime contractor to customers, such as investor-owned utilities, cooperatives, private developers, government-funded utilities, independent power producers, independent transmission companies, industrial facility owners, and other contractors. The Commercial and Industrial segment provides a range of services, including design, installation, maintenance, and repair of commercial and industrial wiring; and installation of intelligent transportation systems, roadway lighting, and signalization for airports, hospitals, data centers, hotels, stadiums, commercial and industrial facilities, clean energy projects, manufacturing plants, processing facilities, water/waste-water treatment facilities, mining facilities, intelligent transportation systems, roadway lighting, signalization, and electric vehicle charging infrastructure. This segment serves general contractors, commercial and industrial facility owners, governmental agencies, and developers. MYR Group Inc. was founded in 1891 and is headquartered in Thornton, Colorado.
Purification Calculator
As a halal stock with 0.01% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is MYR GROUP INC. (MYRG) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), MYR GROUP INC. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is MYR GROUP INC.'s debt ratio?
MYR GROUP INC.'s debt ratio is 3.0% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 7.6%.
Does MYR GROUP INC. require dividend purification?
Yes, MYR GROUP INC. has an impermissible income ratio of 0.01%, which means 0.01% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are MYR GROUP INC.'s key financial metrics?
MYR GROUP INC. has a market capitalization of $4.2B, trailing P/E ratio of 36.4, and revenue of $3.7B. The company maintains a gross margin of 11.6% and a net margin of 3.2%. Return on equity stands at 18.8%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.