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Side-by-side financial comparison of MYR GROUP INC. (MYRG) and StepStone Group Inc. (STEP). Click either name above to swap in a different company.

MYR GROUP INC. is the larger business by last-quarter revenue ($973.5M vs $586.5M, roughly 1.7× StepStone Group Inc.). MYR GROUP INC. runs the higher net margin — 3.8% vs -21.0%, a 24.8% gap on every dollar of revenue. On growth, StepStone Group Inc. posted the faster year-over-year revenue change (73.0% vs 17.3%). MYR GROUP INC. produced more free cash flow last quarter ($84.9M vs $26.7M). Over the past eight quarters, StepStone Group Inc.'s revenue compounded faster (28.2% CAGR vs 9.3%).

MYR Group Inc. is an American corporation that offers electrical construction services for transmission and distribution lines, substations, commercial and industrial buildings, and renewable energy. It is the parent company to 12 subsidiary electrical construction companies.

Rosetta Stone Inc. is an American education technology software company that develops language, literacy and brain-fitness software. Best known for its language-learning products, in 2013, the company expanded beyond language into education-technology with its acquisitions of Livemocha, Lexia Learning, Fit Brains, and Tell Me More. In 2021, it became a subsidiary of IXL Learning.

MYRG vs STEP — Head-to-Head

Bigger by revenue
MYRG
MYRG
1.7× larger
MYRG
$973.5M
$586.5M
STEP
Growing faster (revenue YoY)
STEP
STEP
+55.7% gap
STEP
73.0%
17.3%
MYRG
Higher net margin
MYRG
MYRG
24.8% more per $
MYRG
3.8%
-21.0%
STEP
More free cash flow
MYRG
MYRG
$58.2M more FCF
MYRG
$84.9M
$26.7M
STEP
Faster 2-yr revenue CAGR
STEP
STEP
Annualised
STEP
28.2%
9.3%
MYRG

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
MYRG
MYRG
STEP
STEP
Revenue
$973.5M
$586.5M
Net Profit
$36.5M
$-123.5M
Gross Margin
11.4%
Operating Margin
4.8%
-33.2%
Net Margin
3.8%
-21.0%
Revenue YoY
17.3%
73.0%
Net Profit YoY
129.1%
35.7%
EPS (diluted)
$2.33
$-1.55

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MYRG
MYRG
STEP
STEP
Q4 25
$973.5M
$586.5M
Q3 25
$950.4M
$454.2M
Q2 25
$900.3M
$364.3M
Q1 25
$833.6M
$377.7M
Q4 24
$829.8M
$339.0M
Q3 24
$888.0M
$271.7M
Q2 24
$828.9M
$186.4M
Q1 24
$815.6M
$356.8M
Net Profit
MYRG
MYRG
STEP
STEP
Q4 25
$36.5M
$-123.5M
Q3 25
$32.1M
$-366.1M
Q2 25
$26.5M
$-38.4M
Q1 25
$23.3M
$-18.5M
Q4 24
$16.0M
$-192.0M
Q3 24
$10.6M
$17.6M
Q2 24
$-15.3M
$13.3M
Q1 24
$18.9M
$30.8M
Gross Margin
MYRG
MYRG
STEP
STEP
Q4 25
11.4%
Q3 25
11.8%
Q2 25
11.5%
Q1 25
11.6%
Q4 24
10.4%
Q3 24
8.7%
Q2 24
4.9%
Q1 24
10.6%
Operating Margin
MYRG
MYRG
STEP
STEP
Q4 25
4.8%
-33.2%
Q3 25
4.9%
-148.8%
Q2 25
4.4%
-5.6%
Q1 25
4.1%
2.6%
Q4 24
3.6%
-101.7%
Q3 24
2.3%
21.3%
Q2 24
-2.5%
29.4%
Q1 24
3.0%
26.5%
Net Margin
MYRG
MYRG
STEP
STEP
Q4 25
3.8%
-21.0%
Q3 25
3.4%
-80.6%
Q2 25
2.9%
-10.5%
Q1 25
2.8%
-4.9%
Q4 24
1.9%
-56.6%
Q3 24
1.2%
6.5%
Q2 24
-1.8%
7.2%
Q1 24
2.3%
8.6%
EPS (diluted)
MYRG
MYRG
STEP
STEP
Q4 25
$2.33
$-1.55
Q3 25
$2.05
$-4.66
Q2 25
$1.70
$-0.49
Q1 25
$1.45
$-0.37
Q4 24
$0.97
$-2.61
Q3 24
$0.65
$0.26
Q2 24
$-0.91
$0.20
Q1 24
$1.12
$0.47

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MYRG
MYRG
STEP
STEP
Cash + ST InvestmentsLiquidity on hand
$150.2M
Total DebtLower is stronger
$59.0M
$270.2M
Stockholders' EquityBook value
$660.4M
$-378.8M
Total Assets
$1.6B
$5.2B
Debt / EquityLower = less leverage
0.09×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MYRG
MYRG
STEP
STEP
Q4 25
$150.2M
Q3 25
$76.2M
Q2 25
$23.0M
Q1 25
$10.9M
Q4 24
$3.5M
Q3 24
$7.6M
Q2 24
$1.9M
Q1 24
$3.9M
Total Debt
MYRG
MYRG
STEP
STEP
Q4 25
$59.0M
$270.2M
Q3 25
$72.0M
$269.9M
Q2 25
$86.1M
$269.6M
Q1 25
$87.2M
$269.3M
Q4 24
$74.4M
$168.9M
Q3 24
$93.2M
$172.3M
Q2 24
$45.1M
$172.1M
Q1 24
$37.9M
$148.8M
Stockholders' Equity
MYRG
MYRG
STEP
STEP
Q4 25
$660.4M
$-378.8M
Q3 25
$617.6M
$-233.5M
Q2 25
$583.2M
$153.9M
Q1 25
$548.7M
$179.4M
Q4 24
$600.4M
$209.8M
Q3 24
$588.5M
$397.5M
Q2 24
$633.3M
$366.9M
Q1 24
$663.7M
$324.5M
Total Assets
MYRG
MYRG
STEP
STEP
Q4 25
$1.6B
$5.2B
Q3 25
$1.6B
$5.3B
Q2 25
$1.6B
$4.8B
Q1 25
$1.5B
$4.6B
Q4 24
$1.6B
$4.3B
Q3 24
$1.6B
$4.0B
Q2 24
$1.6B
$3.8B
Q1 24
$1.6B
$3.8B
Debt / Equity
MYRG
MYRG
STEP
STEP
Q4 25
0.09×
Q3 25
0.12×
Q2 25
0.15×
1.75×
Q1 25
0.16×
1.50×
Q4 24
0.12×
0.81×
Q3 24
0.16×
0.43×
Q2 24
0.07×
0.47×
Q1 24
0.06×
0.46×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MYRG
MYRG
STEP
STEP
Operating Cash FlowLast quarter
$114.8M
$27.2M
Free Cash FlowOCF − Capex
$84.9M
$26.7M
FCF MarginFCF / Revenue
8.7%
4.6%
Capex IntensityCapex / Revenue
3.1%
0.1%
Cash ConversionOCF / Net Profit
3.14×
TTM Free Cash FlowTrailing 4 quarters
$232.2M
$18.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MYRG
MYRG
STEP
STEP
Q4 25
$114.8M
$27.2M
Q3 25
$95.6M
$16.2M
Q2 25
$32.9M
$46.3M
Q1 25
$83.3M
$-66.5M
Q4 24
$21.1M
$27.6M
Q3 24
$35.6M
$53.7M
Q2 24
$22.7M
$50.2M
Q1 24
$7.7M
$7.6M
Free Cash Flow
MYRG
MYRG
STEP
STEP
Q4 25
$84.9M
$26.7M
Q3 25
$65.4M
$15.9M
Q2 25
$11.6M
$45.2M
Q1 25
$70.2M
$-69.2M
Q4 24
$8.8M
$27.0M
Q3 24
$18.0M
$52.4M
Q2 24
$2.5M
$49.6M
Q1 24
$-18.1M
$6.7M
FCF Margin
MYRG
MYRG
STEP
STEP
Q4 25
8.7%
4.6%
Q3 25
6.9%
3.5%
Q2 25
1.3%
12.4%
Q1 25
8.4%
-18.3%
Q4 24
1.1%
8.0%
Q3 24
2.0%
19.3%
Q2 24
0.3%
26.6%
Q1 24
-2.2%
1.9%
Capex Intensity
MYRG
MYRG
STEP
STEP
Q4 25
3.1%
0.1%
Q3 25
3.2%
0.1%
Q2 25
2.4%
0.3%
Q1 25
1.6%
0.7%
Q4 24
1.5%
0.2%
Q3 24
2.0%
0.5%
Q2 24
2.4%
0.3%
Q1 24
3.2%
0.3%
Cash Conversion
MYRG
MYRG
STEP
STEP
Q4 25
3.14×
Q3 25
2.98×
Q2 25
1.24×
Q1 25
3.57×
Q4 24
1.32×
Q3 24
3.35×
3.05×
Q2 24
3.76×
Q1 24
0.41×
0.25×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MYRG
MYRG

Market Type Electrical Construction$442.6M45%
Market Type Transmission$330.3M34%
Market Type Distribution$200.6M21%

STEP
STEP

Other$210.1M36%
Management And Advisory Fees Net Focused Commingled Funds$143.3M24%
Carried Interest Allocation Focused Commingled Funds$85.1M15%
Carried Interest Allocation Separately Managed Accounts$63.6M11%
Carried Interest Allocation Realized$46.7M8%
Management And Advisory Fees Net Advisory And Other Services$18.3M3%
Legacy Carried Interest Allocation Focused Commingled Funds$10.3M2%
Income Based Incentive Fees$6.0M1%
Management And Advisory Fees Net Fund Reimbursement Revenues$3.1M1%

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