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MasTec, Inc.(MTZ)Earnings, Financials & Key Ratios
MTZ•NYSE
$433.28
$34.15B mkt cap·85.5× P/E·Price updated May 6, 2026
SectorIndustrialsIndustryEngineering & ConstructionSub-IndustryEnergy, pipeline and power contractors
AboutMasTec, Inc., an infrastructure construction company, provides engineering, building, installation, maintenance, and upgrade services for communications, energy, utility, and other infrastructure primarily in the United States and Canada. It operates through Communications, Clean Energy and Infrastructure, Oil and Gas, Power Delivery, and Other segments. The company builds underground and overhead distribution systems, including trenches, conduits, cell towers, cable, and power lines, which provide wireless and wireline/fiber communications; clean energy infrastructure comprising renewable energy; natural gas, product transport; electrical and gas transmission, and distribution systems; heavy industrial plants; compressor and pump stations, and treatment plants; water and sewer infrastructure, including water pipelines; and other civil construction infrastructure. It also installs electrical and other gas distribution and transmission systems, power generation facilities, buried and aerial fiber optic and other cables, as well as home automation and energy management solutions. In addition, the company offers maintenance and upgrade support services comprising maintenance of customers' distribution facilities, networks, and infrastructure, including communications, power generation, pipeline, electrical distribution and transmission, and heavy civil infrastructure; service restoration for natural disasters and accidents; and routine replacements and upgrades to overhauls. Its customers include public and private energy providers, pipeline operators, wireless and wireline/fiber service providers, broadband operators, install-to-the-home service providers, and government entities. MasTec, Inc. was founded in 1929 and is headquartered in Coral Gables, Florida.Show more
- Revenue$14.3B+16.2%
- EBITDA$1.08B+14.5%
- Net Income$399M+145.1%
- EPS (Diluted)5.07+146.1%
- Gross Margin9.55%-27.8%
- EBITDA Margin7.55%-1.5%
- Operating Margin4.56%+28.7%
- Net Margin2.79%+110.9%
- ROE12.62%+121.3%
- ROIC8.93%+48.9%
- Debt/Equity0.84-4.7%
- Interest Coverage3.98+73.1%
MTZ Key Insights
MasTec, Inc. (MTZ) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong Piotroski F-Score: 8/9
- ✓Momentum leader: RS Rating 94 (top 6%)
- ✓High quality earnings: Operating CF exceeds net income
- ✓Strong 5Y sales CAGR of 17.7%
- ✓Trading near 52-week high
- ✓Efficient asset utilization: 1.4x turnover
✗Weaknesses
- ✗Thin 5Y average net margin of 1.6%
- ✗Expensive at 10.2x book value
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
MTZ Price & Volume
MasTec, Inc. (MTZ) stock price & volume — 10-year historical chart
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MTZ Growth Metrics
MasTec, Inc. (MTZ) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years13.01%
5 Years17.73%
3 Years13.51%
TTM22.59%
Profit CAGR
10 Years-
5 Years4.33%
3 Years128.71%
TTM114.52%
EPS CAGR
10 Years-
5 Years2.97%
3 Years129.4%
TTM109.93%
Return on Capital
10 Years9.99%
5 Years6.12%
3 Years6.48%
Last Year10.17%
MTZ Recent Earnings
MasTec, Inc. (MTZ) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 11/12 qtrs (92%)●Beat Revenue 7/12 qtrs (58%)
Q2 2026Latest
Apr 30, 2026EPS
$1.39
Est $0.98
+41.8%
Revenue
$3.8B
Est $3.5B
+10.2%
Q1 2026
Feb 26, 2026EPS
$2.07
Est $1.95
+6.2%
Revenue
$3.9B
Est $3.7B
+6.0%
Q4 2025
Oct 30, 2025EPS
$2.48
Est $2.32
+6.9%
Revenue
$4.0B
Est $3.9B
+1.4%
Q3 2025
Jul 31, 2025EPS
$1.49
Est $1.41
+5.7%
Revenue
$3.5B
Est $3.7B
-5.1%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 30, 2026 | $1.39vs $0.98+41.8% | $3.8Bvs $3.5B+10.2% |
| Q1 2026 | Feb 26, 2026 | $2.07vs $1.95+6.2% | $3.9Bvs $3.7B+6.0% |
| Q4 2025 | Oct 30, 2025 | $2.48vs $2.32+6.9% | $4.0Bvs $3.9B+1.4% |
| Q3 2025 | Jul 31, 2025 | $1.49vs $1.41+5.7% | $3.5Bvs $3.7B-5.1% |
Based on last 12 quarters of dataView full earnings history →
MTZ Peer Comparison
MasTec, Inc. (MTZ) competitors in Energy, pipeline and power contractors — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 PWR | 117.83B | 785.24 | 115.48 | 19.76% | 3.72% | 12.96% | 0.13 | |
 WLDN | 1.12B | 75.71 | 21.69 | 20.46% | 7.71% | 19.12% | 0.23 | |
 MYRG | 7.08B | 454.78 | 60.40 | 8.79% | 3.71% | 22.14% | 0.16 | |
 PRIM | 5.5B | 101.37 | 20.19 | 18.97% | 3.31% | 15.21% | 0.76 | |
 DY | 13.26B | 457.78 | 57.80 | 12.61% | 5.75% | 22.21% | 0.85 | |
 ROAD | 7.47B | 134.95 | 73.34 | 54.2% | 3.99% | 12.59% | 1.85 | |
 EME | 42.03B | 943.75 | 33.48 | 16.64% | 7.52% | 38.32% | 0.23 | |
 STRL | 27.19B | 886.22 | 94.48 | 17.69% | 12.02% | 32.26% | 0.32 |
Compare MTZ vs Peers
MasTec, Inc. (MTZ) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MTZ Income Statement
MasTec, Inc. (MTZ) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 6.61B | 6.91B | 7.18B | 6.32B | 7.95B | 9.78B | 12B | 12.3B | 14.3B | 15.28B |
| Revenue Growth % | 28.67% | 4.58% | 3.96% | -12% | 25.8% | 22.97% | 22.68% | 2.56% | 16.22% | 22.59% |
| Cost of Goods Sold | 5.75B | 5.94B | 6.31B | 5.27B | 6.81B | 8.59B | 11.21B | 10.68B | 12.93B | 13.43B |
| COGS % of Revenue | 86.96% | 85.96% | 87.78% | 83.39% | 85.59% | 87.81% | 93.44% | 86.77% | 90.45% | - |
| Gross Profit | 861.67M▲ 0% | 970.11M▲ 12.6% | 877.46M▼ 9.6% | 1.05B▲ 19.7% | 1.15B▲ 9.1% | 1.19B▲ 4.0% | 786.81M▼ 34.0% | 1.63B▲ 106.8% | 1.37B▼ 16.1% | 1.85B▲ 0% |
| Gross Margin % | 13.04% | 14.04% | 12.22% | 16.61% | 14.41% | 12.19% | 6.56% | 13.23% | 9.55% | 12.1% |
| Gross Profit Growth % | 24.41% | 12.58% | -9.55% | 19.67% | 9.14% | 3.98% | -33.98% | 106.84% | -16.09% | - |
| Operating Expenses | 463.15M | 500.21M | 299.5M | 1.05B | 729.8M | 1.07B | 634.8M | 1.19B | 713.01M | 1.02B |
| OpEx % of Revenue | 7.01% | 7.24% | 4.17% | 16.61% | 9.18% | 10.91% | 5.29% | 9.68% | 4.99% | - |
| Selling, General & Admin | 275.1M | 287.28M | 299.5M | 302.98M | 306.97M | 559.44M | 634.8M | 684.51M | 713.01M | 761.05M |
| SG&A % of Revenue | 4.16% | 4.16% | 4.17% | 4.79% | 3.86% | 5.72% | 5.29% | 5.56% | 4.99% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 12.99M | 212.93M | 0 | 747.12M | 422.83M | 507.15M | 0 | 506.62M | 0 | 2M |
| Operating Income | 398.52M▲ 0% | 495.54M▲ 24.3% | 577.96M▲ 16.6% | 0▼ 100.0% | 416.25M▲ 0% | 125.12M▼ 69.9% | 152.01M▲ 21.5% | 436.35M▲ 187.1% | 652.64M▲ 49.6% | 862.93M▲ 0% |
| Operating Margin % | 6.03% | 7.17% | 8.05% | - | 5.23% | 1.28% | 1.27% | 3.55% | 4.56% | 5.65% |
| Operating Income Growth % | 44.1% | 24.34% | 16.63% | -100% | - | -69.94% | 21.49% | 187.05% | 49.57% | - |
| EBITDA | 586.57M | 708.47M | 813.44M | 782.54M | 839.08M | 632.27M | 755.17M | 942.97M | 1.08B | 1.22B |
| EBITDA Margin % | 8.88% | 10.25% | 11.32% | 12.38% | 10.55% | 6.47% | 6.3% | 7.66% | 7.55% | 8.01% |
| EBITDA Growth % | 32.87% | 20.78% | 14.82% | -3.8% | 7.22% | -24.65% | 19.44% | 24.87% | 14.5% | 29.42% |
| D&A (Non-Cash Add-back) | 188.05M | 212.93M | 235.48M | 297.75M | 422.83M | 507.15M | 603.16M | 506.62M | 427.08M | 361.68M |
| EBIT | 432.84M | 469.9M | 587.97M | 484.79M | 483.49M | 155.31M | 151.7M | 444.23M | 688.38M | 775.22M |
| Net Interest Income | -61.01M | -82.57M | -77.03M | -59.63M | -53.41M | -112.25M | -234.41M | -193.27M | -172.99M | -177.41M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 61.01M | 82.57M | 77.03M | 59.63M | 53.41M | 112.25M | 234.41M | 193.27M | 172.99M | 177.41M |
| Other Income/Expense | -26.69M | -104.6M | -67.02M | 425.16M | 13.82M | -82.06M | -234.72M | -185.39M | -137.25M | -265.03M |
| Pretax Income | 371.83M▲ 0% | 365.3M▼ 1.8% | 510.94M▲ 39.9% | 425.16M▼ 16.8% | 430.07M▲ 1.2% | 43.06M▼ 90.0% | -82.7M▼ 292.1% | 250.96M▲ 403.4% | 515.4M▲ 105.4% | 597.91M▲ 0% |
| Pretax Margin % | 5.63% | 5.29% | 7.11% | 6.73% | 5.41% | 0.44% | -0.69% | 2.04% | 3.6% | 3.91% |
| Income Tax | 22.94M | 106.07M | 116.84M | 102.47M | 99.35M | 9.17M | -35.41M | 51.54M | 93.38M | 74.98M |
| Effective Tax Rate % | 6.17% | 29.04% | 22.87% | 24.1% | 23.1% | 21.3% | 42.81% | 20.54% | 18.12% | 12.54% |
| Net Income | 347.21M▲ 0% | 259.66M▼ 25.2% | 392.33M▲ 51.1% | 322.85M▼ 17.7% | 328.83M▲ 1.9% | 33.35M▼ 89.9% | -49.95M▼ 249.8% | 162.79M▲ 425.9% | 399.04M▲ 145.1% | 458.8M▲ 0% |
| Net Margin % | 5.26% | 3.76% | 5.46% | 5.11% | 4.14% | 0.34% | -0.42% | 1.32% | 2.79% | 3% |
| Net Income Growth % | 164.52% | -25.22% | 51.1% | -17.71% | 1.85% | -89.86% | -249.75% | 425.91% | 145.13% | 114.52% |
| Net Income (Continuing) | 348.88M | 259.23M | 394.1M | 322.7M | 330.73M | 33.89M | -47.3M | 199.42M | 422.01M | 522.93M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 2.55M | 2.13M | 4.47M | 3.6M | 4.05M | 3.86M | 15.11M | 75.49M | 75.21M | 120.57M |
| EPS (Diluted) | 4.22▲ 0% | 3.26▼ 22.7% | 5.17▲ 58.6% | 4.38▼ 15.3% | 4.45▲ 1.6% | 0.42▼ 90.6% | -0.64▼ 252.4% | 2.06▲ 421.9% | 5.07▲ 146.1% | 5.82▲ 0% |
| EPS Growth % | 162.11% | -22.75% | 58.59% | -15.28% | 1.6% | -90.56% | -252.38% | 421.88% | 146.12% | 109.93% |
| EPS (Basic) | 4.29 | 3.30 | 5.22 | 4.43 | 4.54 | 0.45 | -0.64 | 2.09 | 5.12 | - |
| Diluted Shares Outstanding | 82.33M | 79.77M | 75.85M | 73.72M | 73.94M | 76.19M | 77.53M | 78.88M | 78.69M | 78.78M |
| Basic Shares Outstanding | 80.9M | 78.69M | 75.19M | 72.8M | 72.5M | 74.92M | 77.53M | 78.05M | 77.87M | 77.95M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
MTZ Balance Sheet
MasTec, Inc. (MTZ) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 1.85B | 2.17B | 2.17B | 2.36B | 2.87B | 3.86B | 3.97B | 3.65B | 4.33B | 4.52B |
| Cash & Short-Term Investments | 40.33M | 27.42M | 71.43M | 423.12M | 360.74M | 370.59M | 529.56M | 399.9M | 396.03M | 273.67M |
| Cash Only | 40.33M | 27.42M | 71.43M | 423.12M | 360.74M | 370.59M | 529.56M | 399.9M | 396.03M | 273.67M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.6B | 1.92B | 1.87B | 1.75B | 2.25B | 3.13B | 3.13B | 2.94B | 3.54B | 1.59B |
| Days Sales Outstanding | 88.28 | 101.64 | 95.27 | 101.3 | 103.15 | 116.82 | 95.13 | 87.14 | 90.49 | 72.03 |
| Inventory | 76.99M | 113.71M | 100.07M | 89.64M | 92.59M | 117.97M | 108.15M | 107.34M | 112.47M | 117.23M |
| Days Inventory Outstanding | 4.89 | 6.99 | 5.79 | 6.21 | 4.97 | 5.01 | 3.52 | 3.67 | 3.17 | 3.06 |
| Other Current Assets | 35.78M | 47.35M | 75.19M | 31.38M | 81.91M | 118.67M | 104.19M | 89.09M | 92.03M | 2.53B |
| Total Non-Current Assets | 2.21B | 2.27B | 2.82B | 2.87B | 4.25B | 5.43B | 5.4B | 5.32B | 5.8B | 5.92B |
| Property, Plant & Equipment | 706.5M | 747.8M | 1.14B | 1.16B | 1.7B | 2.03B | 2.07B | 1.95B | 2.19B | 2.34B |
| Fixed Asset Turnover | 9.35x | 9.24x | 6.32x | 5.45x | 4.69x | 4.81x | 5.79x | 6.33x | 6.54x | 7.05x |
| Goodwill | 1.14B | 1.1B | 1.22B | 1.24B | 1.52B | 2.05B | 2.13B | 2.2B | 2.25B | 2.35B |
| Intangible Assets | 191.1M | 169.4M | 211.5M | 184M | 670.3M | 946.3M | 784.3M | 727.4M | 656.25M | 761.16M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23M | 399.4M | 442.4M |
| Other Non-Current Assets | 178.82M | 253.44M | 254.74M | 282.86M | 360.09M | 409.16M | 418.49M | 424.24M | 104.08M | 1.43B |
| Total Assets | 4.07B▲ 0% | 4.44B▲ 9.2% | 5B▲ 12.5% | 5.23B▲ 4.6% | 7.12B▲ 36.2% | 9.29B▲ 30.5% | 9.37B▲ 0.9% | 8.98B▼ 4.2% | 10.13B▲ 12.8% | 10.44B▲ 0% |
| Asset Turnover | 1.62x | 1.56x | 1.44x | 1.21x | 1.12x | 1.05x | 1.28x | 1.37x | 1.41x | 1.55x |
| Asset Growth % | 27.75% | 9.18% | 12.55% | 4.62% | 36.22% | 30.5% | 0.86% | -4.25% | 12.82% | 46.48% |
| Total Current Liabilities | 963.83M | 1.28B | 1.22B | 1.42B | 1.78B | 2.5B | 2.84B | 3B | 3.27B | 3.43B |
| Accounts Payable | 377.95M | 669.71M | 535.03M | 571.27M | 663.06M | 1.11B | 1.24B | 1.11B | 1.28B | 1.32B |
| Days Payables Outstanding | 24.01 | 41.16 | 30.97 | 39.56 | 35.56 | 47.18 | 40.46 | 37.8 | 36.15 | 34.66 |
| Short-Term Debt | 87.87M | 82.66M | 118.43M | 145.11M | 137.91M | 171.92M | 177.25M | 186.09M | 329.96M | 334.09M |
| Deferred Revenue (Current) | 194.49M | 231.64M | 206.18M | 228.39M | 313.96M | 406.23M | 480.97M | 735.63M | 747.73M | 2.18B |
| Other Current Liabilities | 65.45M | 76.35M | 74.78M | 74.99M | 141.16M | 163.65M | 184.62M | 165.85M | 664.19M | 1.78B |
| Current Ratio | 1.92x | 1.69x | 1.78x | 1.67x | 1.61x | 1.55x | 1.40x | 1.22x | 1.32x | 1.32x |
| Quick Ratio | 1.84x | 1.60x | 1.70x | 1.60x | 1.56x | 1.50x | 1.36x | 1.18x | 1.29x | 1.29x |
| Cash Conversion Cycle | 69.16 | 67.47 | 70.09 | 67.95 | 72.56 | 74.66 | 58.19 | 53.01 | 57.51 | 40.43 |
| Total Non-Current Liabilities | 1.67B | 1.76B | 1.99B | 1.81B | 2.79B | 4.06B | 3.82B | 2.99B | 3.52B | 3.58B |
| Long-Term Debt | 1.28B | 1.32B | 1.31B | 1.16B | 1.88B | 3.05B | 2.89B | 2.04B | 1.96B | 309.52M |
| Capital Lease Obligations | 0 | 0 | 154.55M | 116.51M | 176.38M | 194.05M | 292.87M | 261.3M | 504.74M | 1.22B |
| Deferred Tax Liabilities | 204.52M | 263.69M | 296.33M | 302.94M | 450.36M | 571.4M | 390.4M | 362.77M | 680.56M | 1.99B |
| Other Non-Current Liabilities | 184.17M | 176.41M | 221.28M | 230.05M | 289.96M | 238.39M | 243.7M | 326.14M | 370.61M | 3.86B |
| Total Liabilities | 2.63B | 3.05B | 3.21B | 3.22B | 4.58B | 6.55B | 6.65B | 5.99B | 6.79B | 7.01B |
| Total Debt | 1.37B | 1.41B | 1.67B | 1.49B | 2.29B | 3.51B | 3.5B | 2.63B | 2.8B | 643.61M |
| Net Debt | 1.33B | 1.38B | 1.6B | 1.07B | 1.93B | 3.14B | 2.97B | 2.23B | 2.4B | 369.94M |
| Debt / Equity | 0.95x | 1.01x | 0.93x | 0.74x | 0.90x | 1.28x | 1.28x | 0.88x | 0.84x | 0.84x |
| Debt / EBITDA | 2.33x | 1.99x | 2.05x | 1.91x | 2.72x | 5.56x | 4.63x | 2.79x | 2.59x | 0.53x |
| Net Debt / EBITDA | 2.26x | 1.95x | 1.96x | 1.37x | 2.29x | 4.97x | 3.93x | 2.37x | 2.23x | 2.23x |
| Interest Coverage | 7.09x | 5.69x | 7.63x | 8.13x | 9.05x | 1.38x | 0.65x | 2.30x | 3.98x | 4.37x |
| Total Equity | 1.44B▲ 0% | 1.39B▼ 2.9% | 1.8B▲ 28.8% | 2.01B▲ 11.9% | 2.55B▲ 26.8% | 2.74B▲ 7.6% | 2.72B▼ 0.7% | 2.99B▲ 9.8% | 3.33B▲ 11.6% | 3.43B▲ 0% |
| Equity Growth % | 29.28% | -2.91% | 28.84% | 11.86% | 26.82% | 7.59% | -0.73% | 9.78% | 11.62% | 50.33% |
| Book Value per Share | 17.44 | 17.48 | 23.68 | 27.26 | 34.46 | 35.98 | 35.10 | 37.87 | 42.37 | 43.54 |
| Total Shareholders' Equity | 1.43B | 1.39B | 1.79B | 2.01B | 2.54B | 2.74B | 2.71B | 2.91B | 3.26B | 3.31B |
| Common Stock | 9.09M | 9.13M | 9.19M | 9.31M | 9.54M | 9.86M | 9.91M | 9.9M | 9.93M | 9.94M |
| Retained Earnings | 857.15M | 1.12B | 1.51B | 1.83B | 2.16B | 2.2B | 2.15B | 2.31B | 2.71B | 2.77B |
| Treasury Stock | -147.12M | -466.13M | -466.73M | -586.96M | -586.96M | -663.91M | -659.91M | -656.81M | -734.13M | 0 |
| Accumulated OCI | -63.71M | -60.49M | -75.71M | -91.44M | -78.78M | -50.95M | -53M | -40.85M | -44.03M | -44.81M |
| Minority Interest | 2.55M | 2.13M | 4.47M | 3.6M | 4.05M | 3.86M | 15.11M | 75.49M | 75.21M | 120.57M |
MTZ Cash Flow Statement
MasTec, Inc. (MTZ) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 156.26M | 529.96M | 550.28M | 937.25M | 793.07M | 352.3M | 687.28M | 1.12B | 545.71M | 545.71M |
| Operating CF Margin % | 2.37% | 7.67% | 7.66% | 14.83% | 9.97% | 3.6% | 5.73% | 9.12% | 3.82% | - |
| Operating CF Growth % | -23.99% | 239.14% | 3.83% | 70.32% | -15.38% | -55.58% | 95.08% | 63.2% | -51.35% | -160.67% |
| Net Income | 348.88M | 259.23M | 394.1M | 322.7M | 330.73M | 33.89M | -49.95M | 199.42M | 399.04M | 458.8M |
| Depreciation & Amortization | 188.05M | 212.93M | 235.48M | 297.75M | 422.83M | 507.15M | 603.16M | 506.62M | 427.08M | 649.41M |
| Stock-Based Compensation | 15.66M | 13.53M | 16.45M | 21.88M | 24.8M | 27.45M | 33.34M | 32.67M | 0 | 50.19M |
| Deferred Taxes | 18.28M | 56.21M | 22.16M | 7.18M | 51.93M | 9.55M | -140.86M | -34.43M | 115.16M | 56.35M |
| Other Non-Cash Items | -16.94M | 19.25M | -37.51M | -21.18M | -78.62M | -59.61M | -34.74M | -23.78M | 13.99M | -96.52M |
| Working Capital Changes | -397.66M | -31.19M | -80.4M | 308.93M | 41.4M | -166.12M | 276.33M | 441.13M | -409.55M | -534.32M |
| Change in Receivables | -417.49M | -335.2M | 113.06M | 87.37M | 198.45M | -298.05M | 45.01M | 237.34M | -587.42M | -659.33M |
| Change in Inventory | 36.19M | -29.37M | 24.05M | 17.9M | 10.15M | -20.52M | 33.02M | 26.34M | -2.71M | -8.12M |
| Change in Payables | 54.34B | 251.74B | -165.3M | 182.33M | 0 | 0 | 165.89M | -161.73M | 250.53M | 420.02M |
| Cash from Investing | -272.75M | -181.8M | -261.82M | -216.6M | -1.36B | -821.18M | -178.06M | -157.49M | -291.77M | -568.34M |
| Capital Expenditures | -123.41M | -180.42M | -126.47M | -213.75M | -170.07M | -263.35M | -192.94M | -148.85M | -259.99M | -387.61M |
| CapEx % of Revenue | 1.87% | 2.61% | 1.76% | 3.38% | 2.14% | 2.69% | 1.61% | 1.21% | 1.82% | - |
| Acquisitions | -116M | -6.68M | -179.48M | -24.97M | -1.24B | -635.76M | -69.39M | -79.93M | -39.27M | -298.58M |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 19.96M | 39.36M | 35.02M | 38.92M | 66.94M | 81.51M | 85.74M | 71.3M | 4.73M | 101.48M |
| Cash from Financing | 118.16M | -361.09M | -244.63M | -369.89M | 501.94M | 480.9M | -351M | -1.09B | -258.91M | -70.89M |
| Debt Issued (Net) | 170.66M | -30.88M | -201.45M | -233.51M | 532.38M | 642.39M | -299.37M | -981.89M | -105.46M | 86.01M |
| Equity Issued (Net) | -1.55M | -313.95M | -5.65M | -120.23M | 0 | -81.29M | 0 | 0 | -77.33M | -50.48M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -1.55M | -313.95M | -5.65M | -120.23M | 0 | -81.29M | 0 | 0 | -77.33M | -50.48M |
| Other Financing | -38.79M | -16.26M | -37.53M | -16.15M | -30.43M | -80.2M | -51.63M | -108.34M | -76.12M | -106.42M |
| Net Change in Cash | 1.56M▲ 0% | -12.9M▼ 927.7% | 44.01M▲ 441.0% | 351.69M▲ 699.2% | -62.38M▼ 117.7% | 9.86M▲ 115.8% | 158.97M▲ 1512.9% | -129.66M▼ 181.6% | -3.87M▲ 97.0% | -72.08M▲ 0% |
| Free Cash Flow | 32.85M▲ 0% | 349.54M▲ 964.0% | 423.81M▲ 21.2% | 723.51M▲ 70.7% | 623.01M▼ 13.9% | 88.94M▼ 85.7% | 494.34M▲ 455.8% | 972.77M▲ 96.8% | 285.73M▼ 70.6% | 178.59M▲ 0% |
| FCF Margin % | 0.5% | 5.06% | 5.9% | 11.45% | 7.83% | 0.91% | 4.12% | 7.91% | 2% | 1.17% |
| FCF Growth % | -62.87% | 964% | 21.25% | 70.72% | -13.89% | -85.72% | 455.78% | 96.78% | -70.63% | -80.62% |
| FCF per Share | 0.40 | 4.38 | 5.59 | 9.81 | 8.43 | 1.17 | 6.38 | 12.33 | 3.63 | 3.63 |
| FCF Conversion (FCF/Net Income) | 0.45x | 2.04x | 1.40x | 2.90x | 2.41x | 10.56x | -13.76x | 6.89x | 1.37x | 0.39x |
| Interest Paid | 59.16M | 0 | 84.97M | 65.02M | 61.81M | 106.48M | 237.65M | 195.34M | 0 | 43.22M |
| Taxes Paid | 78.65M | 0 | 106.25M | 64.65M | 69.11M | 8.6M | 9.61M | 43.95M | 0 | 2.71M |
MTZ Key Ratios
MasTec, Inc. (MTZ) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 27.27% | 18.35% | 24.6% | 16.97% | 14.43% | 1.26% | -1.83% | 5.7% | 12.62% | 14.16% |
| Return on Invested Capital (ROIC) | 12.29% | 13.42% | 14.06% | - | 8.27% | 1.81% | 1.97% | 6% | 8.93% | 8.93% |
| Gross Margin | 13.04% | 14.04% | 12.22% | 16.61% | 14.41% | 12.19% | 6.56% | 13.23% | 9.55% | 12.1% |
| Net Margin | 5.26% | 3.76% | 5.46% | 5.11% | 4.14% | 0.34% | -0.42% | 1.32% | 2.79% | 3% |
| Debt / Equity | 0.95x | 1.01x | 0.93x | 0.74x | 0.90x | 1.28x | 1.28x | 0.88x | 0.84x | 0.84x |
| Interest Coverage | 7.09x | 5.69x | 7.63x | 8.13x | 9.05x | 1.38x | 0.65x | 2.30x | 3.98x | 4.37x |
| FCF Conversion | 0.45x | 2.04x | 1.40x | 2.90x | 2.41x | 10.56x | -13.76x | 6.89x | 1.37x | 0.39x |
| Revenue Growth | 28.67% | 4.58% | 3.96% | -12% | 25.8% | 22.97% | 22.68% | 2.56% | 16.22% | 22.59% |
MTZ SEC Filings & Documents
MasTec, Inc. (MTZ) SEC filings — annual & quarterly reports (10-K, 10-Q)
MTZ Frequently Asked Questions
MasTec, Inc. (MTZ) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
MasTec, Inc. (MTZ) reported $15.28B in revenue for fiscal year 2025. This represents a 3132% increase from $472.8M in 1996.
MasTec, Inc. (MTZ) grew revenue by 16.2% over the past year. This is strong growth.
Yes, MasTec, Inc. (MTZ) is profitable, generating $458.8M in net income for fiscal year 2025 (2.8% net margin).
Dividend & Returns
MasTec, Inc. (MTZ) has a return on equity (ROE) of 12.6%. This is reasonable for most industries.
MasTec, Inc. (MTZ) generated $178.6M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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