MasTec, Inc. (MTZ) quarterly balance sheet — complete assets, liabilities & equity history
MasTec, Inc. (MTZ) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 4.94B | 4.52B | 4.33B | 4.31B | 3.75B | 3.55B | 3.65B | 3.57B | 3.48B | 3.45B | 3.97B | 4.04B | 3.83B | 3.66B | 3.86B | 3.11B | 3.06B | 2.78B | 2.87B | 2.59B |
| Cash & Short-Term Investments | 315.64M | 273.67M | 396.03M | 231.42M | 191.05M | 345.75M | 399.9M | 181.22M | 297.59M | 249.33M | 529.56M | 214.17M | 119.91M | 141.56M | 370.59M | 95.68M | 138.93M | 233.13M | 360.74M | 239.92M |
| Cash Only | 315.64M | 273.67M | 396.03M | 231.42M | 191.05M | 345.75M | 399.9M | 181.22M | 297.59M | 249.33M | 529.56M | 214.17M | 119.91M | 141.56M | 370.59M | 95.68M | 138.93M | 233.13M | 360.74M | 239.92M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 4.23B | 3.87B | 3.54B | 3.7B | 3.22B | 2.86B | 2.94B | 3.1B | 2.88B | 2.9B | 3.13B | 3.51B | 3.34B | 3.14B | 3.13B | 2.67B | 2.53B | 2.23B | 2.25B | 2.12B |
| Days Sales Outstanding | 84.29 | 87.19 | 84.6 | 80.28 | 78.09 | 91.63 | 81.6 | 84.51 | 88.68 | 101.98 | 93.07 | 96.69 | 102.55 | 109.19 | 88.75 | 95.33 | 94.11 | 103.01 | 111.11 | 78.29 |
| Inventory | 113.6M | 117.23M | 112.47M | 111.87M | 108.53M | 114.5M | 107.34M | 101.16M | 107.88M | 112.32M | 108.15M | 129.15M | 152.84M | 164.92M | 117.97M | 127.55M | 123.77M | 101.42M | 92.59M | 91.78M |
| Days Inventory Outstanding | 2.75 | 2.98 | 2.91 | 2.96 | 3.26 | 3.94 | 3.23 | 3.45 | 3.74 | 3.98 | 3.56 | 4.54 | 5.5 | 5.08 | 4.07 | 5.06 | 5.05 | 4.73 | 5.09 | 3.79 |
| Other Current Assets | 129.99M | 92.41M | 92.03M | 102.85M | 93.75M | 103.16M | 89.09M | 101.11M | 94.85M | 86.25M | 104.19M | 102.92M | 119.2M | 85.13M | 118.67M | 129.21M | 154.11M | 117.27M | 81.91M | 59.31M |
| Total Non-Current Assets | 5.99B | 5.92B | 5.8B | 5.39B | 5.39B | 5.32B | 5.32B | 5.19B | 5.2B | 5.3B | 5.4B | 5.49B | 5.46B | 5.4B | 5.43B | 4.36B | 4.35B | 4.3B | 4.25B | 3.42B |
| Property, Plant & Equipment | 2.4B | 2.34B | 2.19B | 2.09B | 2.06B | 1.97B | 1.95B | 1.92B | 1.93B | 2B | 2.07B | 2.13B | 2.1B | 2.01B | 2.03B | 1.83B | 1.83B | 1.75B | 1.7B | 1.26B |
| Fixed Asset Turnover | 1.85x | 1.69x | 1.84x | 1.91x | 1.76x | 1.45x | 1.76x | 1.69x | 1.51x | 1.32x | 1.56x | 1.54x | 1.40x | 1.28x | 1.56x | 1.37x | 1.29x | 1.13x | 1.22x | 1.87x |
| Goodwill | 2.36B | 2.35B | 2.25B | 2.21B | 2.21B | 2.2B | 2.2B | 2.14B | 2.13B | 2.13B | 2.13B | 2.12B | 2.08B | 2.07B | 2.05B | 1.49B | 1.48B | 1.5B | 1.52B | 1.34B |
| Intangible Assets | 729.96M | 761.16M | 656.25M | 632.49M | 664.3M | 694.7M | 727.4M | 718.2M | 717.2M | 751M | 784.3M | 821.3M | 862.8M | 904.4M | 946.3M | 638.3M | 665M | 693M | 670.3M | 497M |
| Long-Term Investments | 367M | 33.3M | 399.4M | 21M | 22M | 22M | 23M | 23M | 24M | 24M | 23M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 131.05M | 439.96M | 104.08M | 430.28M | 426.62M | 424.68M | 424.24M | 395.22M | 401.24M | 401.49M | 395.49M | 418.09M | 415.79M | 421.83M | 409.16M | 397.08M | 371.23M | 358.86M | 360.09M | 328.33M |
| Total Assets | 10.93B | 10.44B | 10.13B | 9.69B | 9.13B | 8.86B | 8.98B | 8.76B | 8.68B | 8.75B | 9.37B | 9.53B | 9.29B | 9.06B | 9.29B | 7.48B | 7.4B | 7.09B | 7.12B | 6.01B |
| Asset Turnover | 0.41x | 0.37x | 0.40x | 0.42x | 0.39x | 0.32x | 0.38x | 0.37x | 0.34x | 0.30x | 0.35x | 0.35x | 0.31x | 0.28x | 0.36x | 0.34x | 0.32x | 0.28x | 0.28x | 0.40x |
| Asset Growth % | 19.64% | 17.82% | 12.82% | 10.62% | 5.22% | 1.33% | -4.25% | -8.05% | -6.56% | -3.42% | 0.86% | 27.48% | 25.43% | 27.76% | 30.5% | 24.32% | 25.47% | 27.98% | 36.22% | 15.6% |
| Total Current Liabilities | 3.53B | 3.43B | 3.27B | 3.24B | 3.07B | 2.91B | 3B | 2.89B | 2.75B | 2.63B | 2.84B | 2.81B | 2.44B | 2.38B | 2.5B | 1.99B | 1.9B | 1.87B | 1.78B | 1.7B |
| Accounts Payable | 1.47B | 1.32B | 1.28B | 1.29B | 1.22B | 985.72M | 1.11B | 1.04B | 993.98M | 965.31M | 1.24B | 1.21B | 930.27M | 925.61M | 1.11B | 934.54M | 799.9M | 704.31M | 663.06M | 688.68M |
| Days Payables Outstanding | 33.25 | 33.66 | 33.33 | 33.59 | 32.25 | 37.1 | 33.29 | 33.56 | 33.31 | 39.85 | 36.88 | 34.55 | 32.14 | 36.55 | 33.92 | 34.91 | 33.75 | 33.37 | 37.33 | 27.87 |
| Short-Term Debt | 166.4M | 156.01M | 154.31M | 157.43M | 160.66M | 192.11M | 186.09M | 185.09M | 201.46M | 180.64M | 177.25M | 175.34M | 169.25M | 166.68M | 171.92M | 156.76M | 151.99M | 133.96M | 137.91M | 161.02M |
| Deferred Revenue (Current) | 752.4M | 800.31M | 747.73M | 730.26M | 698.06M | 766.23M | 735.63M | 708.16M | 620.68M | 548.64M | 480.97M | 506.46M | 487.2M | 438.64M | 406.23M | 249.7M | 298.62M | 298.35M | 313.96M | 247.31M |
| Other Current Liabilities | 110.3M | 226.48M | 123.41M | 123.05M | 125.28M | 136.21M | 165.85M | 147.34M | 188.82M | 180.36M | 184.62M | 204M | 205.36M | 221.25M | 163.65M | 108.12M | 124.6M | 200.14M | 141.16M | 88.92M |
| Current Ratio | 1.40x | 1.32x | 1.32x | 1.33x | 1.22x | 1.22x | 1.22x | 1.24x | 1.27x | 1.31x | 1.40x | 1.44x | 1.57x | 1.54x | 1.55x | 1.57x | 1.61x | 1.49x | 1.61x | 1.52x |
| Quick Ratio | 1.37x | 1.28x | 1.29x | 1.30x | 1.19x | 1.18x | 1.18x | 1.20x | 1.23x | 1.27x | 1.36x | 1.39x | 1.51x | 1.47x | 1.50x | 1.50x | 1.55x | 1.44x | 1.56x | 1.46x |
| Cash Conversion Cycle | 53.79 | 56.51 | 54.18 | 49.64 | 49.1 | 58.47 | 51.55 | 54.4 | 59.11 | 66.11 | 59.75 | 66.68 | 75.91 | 77.72 | 58.91 | 65.48 | 65.41 | 74.38 | 78.87 | 54.2 |
| Total Non-Current Liabilities | 3.8B | 3.58B | 3.52B | 3.28B | 3.05B | 3B | 2.99B | 3.05B | 3.2B | 3.42B | 3.82B | 4B | 4.16B | 4.03B | 4.06B | 2.94B | 3.02B | 2.71B | 2.79B | 2.03B |
| Long-Term Debt | 2.57B | 2.15B | 1.96B | 1.99B | 2.1B | 2.04B | 2.04B | 2.14B | 2.36B | 2.54B | 2.89B | 3.03B | 3.15B | 3.05B | 3.05B | 2.07B | 2.12B | 1.79B | 1.88B | 1.35B |
| Capital Lease Obligations | 314.05M | 539.92M | 504.74M | 462.57M | 256.25M | 248.8M | 261.3M | 264.63M | 283.12M | 291.71M | 292.87M | 279.3M | 235.98M | 190.13M | 194.05M | 168.51M | 176.55M | 181.71M | 176.38M | 129.57M |
| Deferred Tax Liabilities | 514.96M | 519.96M | 680.56M | 449.12M | 338.58M | 349.4M | 362.77M | 381.22M | 326.25M | 347.42M | 390.4M | 455.01M | 520.82M | 535.53M | 571.4M | 471.02M | 470.79M | 462.69M | 450.36M | 326.11M |
| Other Non-Current Liabilities | 393.72M | 378.43M | 370.61M | 373.93M | 358.52M | 357.01M | 326.14M | 261.96M | 227.97M | 245.74M | 243.7M | 240.46M | 247.19M | 257.98M | 238.39M | 235.59M | 256.63M | 276.75M | 289.96M | 228.63M |
| Total Liabilities | 7.33B | 7.01B | 6.79B | 6.51B | 6.12B | 5.91B | 5.99B | 5.93B | 5.94B | 6.06B | 6.65B | 6.82B | 6.6B | 6.41B | 6.55B | 4.93B | 4.92B | 4.58B | 4.58B | 3.74B |
| Total Debt | 3.24B | 3.02B | 2.8B | 2.77B | 2.67B | 2.63B | 2.63B | 2.73B | 2.99B | 3.15B | 3.5B | 3.62B | 3.68B | 3.5B | 3.51B | 2.48B | 2.53B | 2.2B | 2.29B | 1.72B |
| Net Debt | 2.92B | 2.75B | 2.4B | 2.54B | 2.48B | 2.29B | 2.23B | 2.55B | 2.69B | 2.9B | 2.97B | 3.4B | 3.56B | 3.36B | 3.14B | 2.38B | 2.4B | 1.96B | 1.93B | 1.48B |
| Debt / Equity | 0.90x | 0.88x | 0.84x | 0.87x | 0.89x | 0.89x | 0.88x | 0.97x | 1.09x | 1.17x | 1.28x | 1.33x | 1.37x | 1.32x | 1.28x | 0.97x | 1.02x | 0.87x | 0.90x | 0.75x |
| Debt / EBITDA | 9.25x | 11.45x | 8.77x | 6.00x | 10.32x | 18.16x | 10.38x | 9.29x | 11.80x | 22.27x | 17.43x | 9.09x | 15.59x | 44.66x | 13.55x | 10.72x | 9.49x | 16.55x | 11.78x | 6.45x |
| Net Debt / EBITDA | 8.35x | 10.41x | 7.53x | 5.50x | 9.58x | 15.77x | 8.80x | 8.67x | 10.62x | 20.51x | 14.79x | 8.55x | 15.08x | 42.85x | 12.12x | 10.30x | 8.97x | 14.80x | 9.92x | 5.55x |
| Interest Coverage | 5.11x | 3.10x | 4.90x | 5.66x | 3.75x | 1.23x | 3.21x | 3.91x | 2.25x | 0.13x | 1.00x | 1.33x | 1.33x | -1.38x | 1.25x | 3.24x | 1.95x | -2.00x | 7.54x | 11.70x |
| Total Equity | 3.6B | 3.43B | 3.33B | 3.18B | 3.01B | 2.96B | 2.99B | 2.83B | 2.73B | 2.69B | 2.72B | 2.71B | 2.69B | 2.65B | 2.74B | 2.55B | 2.48B | 2.51B | 2.55B | 2.28B |
| Equity Growth % | 19.43% | 16.06% | 11.62% | 12.4% | 10.25% | 9.86% | 9.78% | 4.24% | 1.7% | 1.6% | -0.73% | 6.57% | 8.19% | 5.4% | 7.59% | 11.81% | 14.81% | 20.25% | 26.82% | 21.08% |
| Book Value per Share | 45.64 | 43.54 | 42.36 | 40.42 | 38.13 | 37.38 | 37.79 | 35.85 | 34.67 | 34.51 | 34.76 | 34.59 | 34.30 | 34.39 | 35.25 | 33.92 | 32.90 | 33.59 | 34.41 | 30.79 |
| Total Shareholders' Equity | 3.48B | 3.31B | 3.26B | 3.11B | 2.95B | 2.88B | 2.91B | 2.81B | 2.71B | 2.67B | 2.71B | 2.7B | 2.68B | 2.65B | 2.74B | 2.54B | 2.48B | 2.51B | 2.54B | 2.27B |
| Common Stock | 9.95M | 9.94M | 9.93M | 9.93M | 9.93M | 9.93M | 9.9M | 9.9M | 9.9M | 9.93M | 9.91M | 9.86M | 9.87M | 9.87M | 9.86M | 9.55M | 9.55M | 9.55M | 9.54M | 9.32M |
| Retained Earnings | 2.9B | 2.77B | 2.71B | 2.56B | 2.4B | 2.32B | 2.31B | 2.23B | 2.14B | 2.1B | 2.15B | 2.15B | 2.13B | 2.12B | 2.2B | 2.19B | 2.14B | 2.13B | 2.16B | 2.09B |
| Treasury Stock | -731.7M | -734.13M | -734.13M | -734.13M | -734.13M | -693.88M | -656.81M | -659.91M | -659.91M | -659.91M | -659.91M | -659.91M | -659.91M | -659.91M | -663.91M | -663.91M | -663.91M | -600.75M | -586.96M | -586.96M |
| Accumulated OCI | -44.98M | -44.81M | -44.03M | -40.64M | -35.95M | -43.9M | -40.85M | -58.78M | -51.53M | -50.65M | -53M | -46.09M | -48.88M | -54.46M | -50.95M | -51.32M | -58.01M | -64.11M | -78.78M | -82.17M |
| Minority Interest | 123.02M | 120.57M | 75.21M | 66.94M | 67.22M | 70.92M | 75.49M | 19.05M | 19.74M | 15.76M | 15.11M | 10.38M | 9.37M | 1.33M | 3.86M | 4.44M | 4.11M | 4.07M | 4.05M | 4.3M |