MasTec Inc (MTZ)
MasTec, Inc., an infrastructure engineering and 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 five segments: Communications, Clean Energy and Infrastructure, Power Delivery, Pipeline Infrastructure, and Other. The company builds infrastructure for wireless and wireline/fiber communications; clean energy infrastructure comprising renewable energy power generation; pipeline infrastructure, including natural gas, water, carbon capture sequestration, and other product transport; power delivery services, such as electrical and gas transmission, and distribution systems; industrial and heavy civil infrastructure, including roads, bridges, and rail; and water infrastructure. It also installs electrical and other gas distribution and transmission systems, power generation, civil and industrial facilities, pipelines, and fiber optic and other cables, as well as install-to-the-home services. 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 civil and industrial infrastructure; emergency restoration services for natural disasters and accidents; and routine replacements and upgrades to overhauls. Its customers include wireless and wireline/fiber service providers, broadband operators, install-to-the-home service providers, public and private energy providers, including renewable and other energy providers, pipeline operators, civil, transportation, and water and wastewater pipeline installation services, industrial infrastructure providers, as well as government entities. MasTec, Inc. was founded in 1929 and is headquartered in Coral Gables, Florida.
- Ticker
- MTZ
- Exchange
- NYSE
- Sector
- Industrials
- Industry
- Engineering & Construction
- Market cap
- $13.77B
- 52-week range
- $147.49 - $441.43
Valuation
- Share price
- $174.10 (close of Nov 6, 2026)
- P/E (TTM)
- 28.22x
- Price to book
- 3.28x
- Price to free cash flow
- 34.02x
- Enterprise value
- $17.99B
- Book value per share
- $53.10
Price performance
| Period | Change |
|---|---|
| 1 day | +9.54% |
| 5 days | -6.43% |
| 1 month | -23.74% |
| 3 months | -32.68% |
| 6 months | -59.82% |
| Year to date | -19.91% |
| 1 year | -11.47% |
| 3 years | +258.08% |
| 5 years | +85.53% |
| 10 years | +492.18% |
| All time | +1,184.34% |
Short interest
- As of
- Oct 15, 2026
- Short % of float
- 7.17%
- Shares short
- 4.47M
- Days to cover
- 3.19
- Change since prior report
- -2.63%
- Source
- FINRA consolidated short interest
Members of Congress who disclosed MTZ trades
Markwayne Mullin · Lisa McClain · Thomas Kean
Super investors holding MTZ
Stephen Mandel (Lone Pine Capital LLC) · Philippe Laffont (Coatue Management) · Dan Loeb (Third Point LLC) · George Soros (Soros Fund Mgmt) · Ray Dalio (Bridgewater Associates)
Profitability and growth
- Return on equity
- 11.97%
- Return on invested capital
- 9.70%*
- Return on assets
- 4.02%
- Return on capital employed
- 10.35%*
- Net margin
- 2.79%
- EBITDA margin
- 7.64%
- Revenue growth
- 16.22%
- Net income growth
- 145.13%
- Free cash flow growth
- -70.63%
* Estimated EBIT: pre-tax income + net interest. This company reports no operating income line.
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 2.94%
- Current ratio
- 1.39x
- Net debt to EBITDA
- 3.01x
Latest reported year
- Period end
- Dec 31, 2025
- Fiscal year
- 2025
- Revenue
- $14.30B
- EBITDA
- $1.09B
- Net income
- $399.04M
- Earnings per share
- $5.12
- Interest expense
- $172.99M
- Shares outstanding
- 77.87M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|---|---|---|---|
| 2025-12-31 | $14.30B | - | $399.04M | $5.12 |
| 2024-12-31 | $12.30B | - | $162.79M | $2.09 |
| 2023-12-31 | $12.00B | - | -$49.95M | -$0.64 |
| 2022-12-31 | $9.78B | - | $33.35M | $0.45 |
| 2021-12-31 | $7.95B | - | $328.83M | $4.54 |
| 2020-12-31 | $6.32B | - | $322.85M | $4.43 |
| 2019-12-31 | $7.18B | - | $392.33M | $5.22 |
| 2018-12-31 | $6.91B | $970.11M | $259.66M | $3.30 |
| 2017-12-31 | $6.61B | $861.67M | $347.21M | $4.29 |
| 2016-12-31 | $5.13B | $692.58M | $131.26M | $1.63 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|---|---|---|---|
| 2025-12-31 | - | 2.79% | 11.97% | 9.70%* |
| 2024-12-31 | - | 1.32% | 5.45% | 6.99%* |
| 2023-12-31 | - | -0.42% | -1.84% | 2.44%* |
| 2022-12-31 | - | 0.34% | 1.22% | 2.34%* |
| 2021-12-31 | - | 4.14% | 12.93% | 6.85%* |
| 2020-12-31 | - | 5.11% | 16.10% | 9.23%* |
| 2019-12-31 | - | 5.46% | 21.90% | 11.39%* |
| 2018-12-31 | 14.04% | 3.76% | 18.65% | 9.26%* |
| 2017-12-31 | 13.04% | 5.26% | 24.22% | 12.45%* |
| 2016-12-31 | 13.49% | 2.56% | 11.89% | 6.29%* |
* Estimated EBIT: pre-tax income + net interest. This company reports no operating income line.
Cash and debt by year
| Period end | Cash | Debt |
|---|---|---|
| 2025-12-31 | $396.03M | $2.18B |
| 2024-12-31 | $399.90M | $2.04B |
| 2023-12-31 | $529.56M | $2.89B |
| 2022-12-31 | $370.59M | $3.05B |
| 2021-12-31 | $360.74M | $1.88B |
| 2020-12-31 | $423.12M | $1.16B |
| 2019-12-31 | $71.43M | $1.31B |
| 2018-12-31 | $27.42M | $1.32B |
| 2017-12-31 | $40.33M | $1.28B |
| 2016-12-31 | $38.77M | $961.38M |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|---|---|
| 2025-12-31 | $285.73M | $34.00M |
| 2024-12-31 | $972.77M | $32.67M |
| 2023-12-31 | $494.34M | $33.34M |
| 2022-12-31 | $88.94M | $27.45M |
| 2021-12-31 | $623.01M | $24.80M |
| 2020-12-31 | $723.51M | $21.88M |
| 2019-12-31 | $423.81M | $16.45M |
| 2018-12-31 | $349.54M | $13.53M |
| 2017-12-31 | $20.68M | $15.66M |
| 2016-12-31 | $88.48M | $15.07M |
Investor relations
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|---|---|
| 2026-10-29 | Sep 2026 | $2.83 |
| 2026-07-30 | Jun 2026 | $2.08 |
| 2026-04-30 | Mar 2026 | $0.90 |
| 2026-02-26 | Dec 2025 | $1.84 |
| 2025-10-30 | Sep 2025 | $2.22 |
| 2025-07-31 | Jun 2025 | $1.32 |
| 2025-05-01 | Mar 2025 | $0.26 |
| 2025-02-27 | Dec 2024 | $1.20 |
Filings and sources
- Company website
- mastec.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
Similar companies
Sterling Infrastructure, Inc. (STRL) · Jacobs Solutions Inc. (J) · Fluor Corp (FLR) · APi Group Corp (APG) · EMCOR Group, Inc. (EME) · Comfort Systems USA Inc (FIX) · Quanta Services, Inc. (PWR) · Allegion plc (ALLE)
Understanding these figures
Price-to-earnings ratio · Short interest · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart
Explore
Company directory · S&P 500 heatmap · Earnings calendar · Super investor holdings · Congress trades