MasTec, Inc. logo

MasTec, Inc.

MTZ

NYSEIndustrialsEngineering & Construction

Previous close

$266.26

−$5.60 · -2.06%

Aug 21, 4:00 PM ET

Pre-market

$265

−$1.26 · -0.47%

Aug 24, 7:26 AM ET

MTZ company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

42

Fair Value

Momentum

57

Neutral

Sentiment

73

Bullish

Risk resilience

47

Elevated Risk

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Company profile

Company website

MasTec, Inc. is a leading infrastructure construction firm that delivers a comprehensive suite of services, encompassing engineering, construction, installation, maintenance, and enhancement. The company primarily serves the communications, energy, utility, and broader infrastructure sectors throughout the United States and Canada. Its operations are structured across distinct segments: Communications, Clean Energy and Infrastructure, Oil and Gas, Power Delivery, and Other. MasTec's construction activities involve building intricate underground and overhead distribution systems, essential for wireless and fiber-optic communication networks, as well as electrical grids. The company also develops clean energy infrastructure, including renewable energy facilities; pipelines for natural gas and other products, alongside extensive electrical and gas transmission and distribution systems. Furthermore, it specializes in heavy industrial plants, compressor and pumping stations, water and wastewater treatment facilities, and critical water and sewer pipelines, among other civil engineering projects. Additionally, the company manages the installation of power generation assets, buried and aerial fiber optic cabling, and smart home automation and energy management solutions. Beyond initial construction, MasTec offers comprehensive maintenance and upgrade solutions. These services range from routine upkeep of client networks and facilities (such as communications, power generation, pipeline, and electrical grids) to emergency restoration following natural disasters or accidents, and planned overhauls or system replacements. Its diverse clientele encompasses public and private energy providers, pipeline operators, various wireless and wireline/fiber service providers, broadband companies, install-to-the-home specialists, and governmental entities. Established in 1929, MasTec, Inc. maintains its headquarters in Coral Gables, Florida.

Industry
Engineering & Construction
Sector
Industrials
Headquarters
US
CEO
Jose Ramon Mas
Listed since
Feb 21, 1973
Employees
37,000

Market position

Day range

Current $266.26

52-week range

Current $266.26

Open
$275.41
Previous close
$271.86
Volume
1.24M
0.98× average
Average volume
1.26M
Average daily volume
Market cap
21.38B USD
Beta
1.84
Market reference 1
50-day average
$336.9
-20.97% below average
200-day average
$302.15
-11.88% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
19.33B USD
P/E (TTM)
41.93×
P/B (TTM)
5.98×
P/S (TTM)
1.33×
EV / EBITDA
17.33×
Earnings yield
2.36%
Free cash flow yield
1.69%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
11.47%
Operating margin
5.79%
Net margin
3.12%
Return on equity
12.24%
Return on assets
3.94%
Return on invested capital
7.44%

Financial health

Debt / equity
0.93×
Current ratio
1.32×
Altman Z-score
4.01
Piotroski F-score
8 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends16%10%4%-2%Gross margin, FY2021: 14.41%Gross margin, FY2022: 12.19%Gross margin, FY2023: 6.56%Gross margin, FY2024: 13.23%Gross margin, FY2025: 9.55%Operating margin, FY2021: 5.23%Operating margin, FY2022: 1.28%Operating margin, FY2023: 1.27%Operating margin, FY2024: 3.55%Operating margin, FY2025: 4.56%Net margin, FY2021: 4.14%Net margin, FY2022: 0.34%Net margin, FY2023: -0.42%Net margin, FY2024: 1.32%Net margin, FY2025: 2.79%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 14.41%. Gross margin FY2022 12.19%. Gross margin FY2023 6.56%. Gross margin FY2024 13.23%. Gross margin FY2025 9.55%. Operating margin FY2021 5.23%. Operating margin FY2022 1.28%. Operating margin FY2023 1.27%. Operating margin FY2024 3.55%. Operating margin FY2025 4.56%. Net margin FY2021 4.14%. Net margin FY2022 0.34%. Net margin FY2023 -0.42%. Net margin FY2024 1.32%. Net margin FY2025 2.79%.

Income trends

Revenue

14.3B USD+16.22%

Operating income

652.64M USD+49.57%

Net income

399.04M USD+145.13%
Income trends across reported periods15.73B USD9.99B USD4.25B USD−1.48B USDRevenue, FY2021: 7.95B USDRevenue, FY2022: 9.78B USDRevenue, FY2023: 12B USDRevenue, FY2024: 12.3B USDRevenue, FY2025: 14.3B USDOperating income, FY2021: 416.25M USDOperating income, FY2022: 125.12M USDOperating income, FY2023: 152.01M USDOperating income, FY2024: 436.35M USDOperating income, FY2025: 652.64M USDNet income, FY2021: 328.83M USDNet income, FY2022: 33.35M USDNet income, FY2023: −49.95M USDNet income, FY2024: 162.79M USDNet income, FY2025: 399.04M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 7.95B USD. Revenue FY2022 9.78B USD. Revenue FY2023 12B USD. Revenue FY2024 12.3B USD. Revenue FY2025 14.3B USD. Operating income FY2021 416.25M USD. Operating income FY2022 125.12M USD. Operating income FY2023 152.01M USD. Operating income FY2024 436.35M USD. Operating income FY2025 652.64M USD. Net income FY2021 328.83M USD. Net income FY2022 33.35M USD. Net income FY2023 −49.95M USD. Net income FY2024 162.79M USD. Net income FY2025 399.04M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue14.3B USD12.3B USD12B USD9.78B USD7.95B USD
Cost of goods sold12.93B USD10.68B USD11.21B USD8.59B USD6.81B USD
Gross profit1.37B USD1.63B USD786.81M USD1.19B USD1.15B USD
Selling, general, and administrative713.01M USD684.51M USD634.8M USD559.44M USD306.97M USD
Operating expenses713.01M USD1.19B USD634.8M USD1.07B USD729.8M USD
Interest expense172.99M USD193.27M USD234.41M USD112.26M USD53.41M USD
Depreciation and amortization427.08M USD506.62M USD603.16M USD507.15M USD422.83M USD
Operating income652.64M USD436.35M USD152.01M USD125.12M USD416.25M USD
Net income399.04M USD162.79M USD−49.95M USD33.35M USD328.83M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
91%
10 beats, 1 miss, 0 met estimates
Average EPS surprise
+25.83%
11 comparable reports
Latest EPS result
2.22
Estimate 2.23 · Miss by 0.45%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates3.172.211.250.28Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 27, 2025: actual 1.44, estimate 1.28, surprise +12.50%, Beat. Q2 2025, reported May 1, 2025: actual 0.51, estimate 0.335, surprise +52.19%, Beat. Q3 2025, reported Jul 31, 2025: actual 1.49, estimate 1.41, surprise +5.67%, Beat. Q4 2025, reported Oct 30, 2025: actual 2.48, estimate 2.32, surprise +6.90%, Beat. Q1 2026, reported Feb 26, 2026: actual 2.07, estimate 1.95, surprise +6.15%, Beat. Q2 2026, reported Apr 30, 2026: actual 1.39, estimate 0.989, surprise +40.55%, Beat. Q3 2026, reported Jul 30, 2026: actual 2.22, estimate 2.23, surprise -0.45%, Miss. Q4 2026, reported Oct 29, 2026: actual —, estimate 2.96, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates5.13B4.26B3.39B2.51BQ1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 27, 2025: actual 3.4B USD, estimate 3.32B USD, surprise +2.57%, Beat. Q2 2025, reported May 1, 2025: actual 2.85B USD, estimate 2.71B USD, surprise +4.99%, Beat. Q3 2025, reported Jul 31, 2025: actual 3.54B USD, estimate 3.74B USD, surprise -5.11%, Miss. Q4 2025, reported Oct 30, 2025: actual 3.97B USD, estimate 3.91B USD, surprise +1.40%, Beat. Q1 2026, reported Feb 26, 2026: actual 3.94B USD, estimate 3.72B USD, surprise +6.03%, Beat. Q2 2026, reported Apr 30, 2026: actual 3.83B USD, estimate 3.47B USD, surprise +10.20%, Beat. Q3 2026, reported Jul 30, 2026: actual 4.37B USD, estimate 4.3B USD, surprise +1.60%, Beat. Q4 2026, reported Oct 29, 2026: actual —, estimate 4.94B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$426.62

60.23% upside
Past 12 months12-month forecastHigh $550Average $426.62Low $326

Rating distribution

36 ratings
Strong buy00%
Buy3289%
Hold411%
Sell00%
Strong sell00%

Recent analyst actions

12 institutions

MTZ news

Corporate actions

Corporate action history

Stock split

Effective Jun 20, 2000

3:2

Stock split

Effective Mar 3, 1997

3:2

MTZ peers

ETFs holding MTZ

Funds reporting this stock among their holdings, ordered by reported position size.

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