Company research
MASTEC INC
CIK 15615Updated Sep 24, 2026
SecurityMTZ · NYSE · equity
Name history
BURNUP & SIMS INC · through May 13, 1994
MTZ price & chart
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NYSE:MTZ on TradingView ↗About the company
MasTec, Inc. is a leading North American infrastructure engineering and construction company focused primarily on engineering, building, installation, maintenance and upgrade of communications, energy and utility and other infrastructure, such as: wireless, wireline/fiber; power delivery infrastructure, including transmission, distribution, grid hardening and modernization, environmental planning and compliance; power generation infrastructure, primarily from clean energy and renewable sources; pipeline infrastructure, including for natural gas, water and carbon capture sequestration pipelines and pipeline integrity services; heavy civil and industrial infrastructure, including the construction and maintenance of buildings, roads, bridges, rail, water/sewer systems and other civil infrastructure, including data center infrastructure; and environmental remediation services. MasTec’s customers are primarily in these industries.
In the news
MasTec Announces Fourth Quarter and Annual 2024 Financial Results With Record Backlog and Provides Initial 2025 Guidance News provided by MasTec, Inc. Feb 27, 2025, 17:01 ET Share this article Share to X Share this article Share to X Record Fourth Quarter and Annual Revenue of $3.4 Billion and $12.3 ↗
Recent filings
4 filing
4 filing
4 filing
4 filing
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
Items 1.01, 2.03, 9.01
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 9,923,542,000Source | 8,975,275,000Source | 9,373,511,000Source | 9,293,259,000Source |
| GoodwillUSD | 2,248,992,000Source | 2,203,077,000Source | 2,126,366,000Source | 2,045,041,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 656,248,000Source | 727,366,000Source | 784,260,000Source | 946,299,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 396,030,000Source | 399,903,000Source | 529,561,000Source | 370,592,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 1,540,263,000Source | 1,381,462,000Source | 1,370,074,000Source | 1,399,732,000Source |
| Inventory, NetUSD | 112,465,000Source | 107,345,000Source | 108,146,000Source | 117,969,000Source |
| Assets, CurrentUSD | 4,329,079,000Source | 3,652,530,000Source | 3,974,253,000Source | 3,859,127,000Source |
| Operating Lease, Right-of-Use AssetUSD | 457,270,000Source | 396,151,000Source | 418,685,000Source | 279,534,000Source |
| Other Assets, NoncurrentUSD | 503,483,000Source | 447,235,000Source | 418,485,000Source | 409,157,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 6,589,021,000Source | 5,987,932,000Source | 6,652,250,000Source | 6,552,072,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 9,932,000Source | 9,903,000Source | 9,909,000Source | 9,862,000Source |
| Retained Earnings (Accumulated Deficit)USD | 2,707,623,000Source | 2,308,581,000Source | 2,145,793,000Source | 2,195,742,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -44,033,000Source | -40,847,000Source | -52,997,000Source | -50,955,000Source |
| Stockholders' Equity Attributable to ParentUSD | 3,259,309,000Source | 2,911,857,000Source | 2,706,152,000Source | 2,737,329,000Source |
| Additional Paid in Capital, Common StockUSD | 1,319,920,000Source | 1,291,027,000Source | 1,263,360,000Source | 1,246,590,000Source |
| Liabilities and EquityUSD | 9,923,542,000Source | 8,975,275,000Source | 9,373,511,000Source | 9,293,259,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 3,271,045,000Source | 2,999,699,000Source | 2,837,219,000Source | 2,496,037,000Source |
| Operating Lease, Liability, CurrentUSD | 175,649,000Source | 146,183,000Source | 137,765,000Source | 96,516,000Source |
| Accounts Payable, CurrentUSD | 1,280,897,000Source | 1,105,747,000Source | 1,242,602,000Source | 1,109,867,000Source |
| Operating Lease, Liability, NoncurrentUSD | 292,839,000Source | 261,303,000Source | 292,873,000Source | 194,050,000Source |
| Deferred Income Tax Liabilities, NetUSD | 478,156,000Source | 362,772,000Source | 390,399,000Source | 571,401,000Source |
| Other Liabilities, NoncurrentUSD | 370,609,000Source | 326,141,000Source | 243,701,000Source | 238,391,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 75,212,000Source | 75,486,000Source | 15,109,000Source | 3,858,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 540,778,000Source | 455,043,000Source | 415,075,000Source | 365,971,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 422,014,000Source | 199,421,000Source | -47,296,000Source | 33,888,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 427,100,000Source | 506,600,000Source | 603,200,000Source | 507,100,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 34,002,000Source | 32,672,000Source | 33,335,000Source | 27,446,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 140,809,000Source | -29,634,000Source | -45,007,000Source | -6,298,000Source |
| Increase (Decrease) in InventoriesUSD | 2,709,000Source | -26,345,000Source | -33,018,000Source | 20,523,000Source |
| Deferred Income Tax Expense (Benefit)USD | 115,200,000Source | -34,500,000Source | -140,900,000Source | 9,600,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 545,714,000Source | 1,121,625,000Source | 687,277,000Source | 352,297,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 71,044,000Source | 79,933,000Source | 69,388,000Source | 635,763,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -267,245,000Source | -157,490,000Source | -178,061,000Source | -821,183,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | -4,730,000Source | -4,558,000Source | -1,632,000Source | -43,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 5,611,000Source | 2,946,000Source | 10,330,000Source | 4,098,000Source |
| Payments for Repurchase of Common StockUSD | 77,326,000Source | 0Source | 0Source | 81,291,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -283,438,000Source | -1,090,234,000Source | -350,998,000Source | 480,897,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | -28,367,000Source | -35,508,000Source | -5,187,000Source | -22,592,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -3,873,000Source | -129,658,000Source | 158,969,000Source | 9,856,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 396,030,000Source | 399,903,000Source | 529,561,000Source | 370,592,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 176,466,000Source | 195,338,000Source | 237,645,000Source | 106,484,000Source |
| Income Taxes Paid, NetUSD | 44,376,000Source | 43,953,000Source | 9,608,000Source | 8,603,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 1,096,000Source | -3,559,000Source | 751,000Source | -2,155,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 34,000,000Source | 32,700,000Source | 33,300,000Source | 27,400,000Source |
| Amortization of Debt Issuance CostsUSD | 4,700,000Source | 4,600,000Source | 4,100,000Source | 3,600,000Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | 4,766,000Source | 5,533,000Source | 5,837,000Source | 4,172,000Source |
| Amortization of Intangible AssetsUSD | 131,200,000Source | 139,900,000Source | 169,200,000Source | 135,900,000Source |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual AmountUSD | 0Source | — | — | 0Source |
| Gain (Loss) on Sale of Assets and Asset Impairment ChargesUSD | 18,451,000Source | 24,138,000Source | 21,408,000Source | 39,692,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | 0Source | -11,344,000Source | — | 0Source |
| General and Administrative ExpenseUSD | 713,009,000Source | 684,508,000Source | 698,899,000Source | 559,437,000Source |
| GoodwillUSD | 2,248,992,000Source | 2,203,077,000Source | 2,126,366,000Source | 2,045,041,000Source |
| Goodwill, Impairment LossUSD | 0Source | — | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | 31,964,000Source | 30,228,000Source | 30,697,000Source | 28,836,000Source |
| Income Tax Expense (Benefit)USD | 93,384,000Source | 51,542,000Source | -35,408,000Source | 9,171,000Source |
| Net Income (Loss) Attributable to ParentUSD | 399,042,000Source | 162,788,000Source | -49,949,000Source | 33,354,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 22,972,000Source | 36,633,000Source | 2,653,000Source | 534,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 399,042,000Source | 162,788,000Source | -49,949,000Source | 33,354,000Source |
| Nonoperating Income (Expense)USD | 3,776,000Source | -11,006,000Source | 40,893,000Source | 1,358,000Source |
| Operating Lease, ExpenseUSD | — | — | — | 134,100,000Source |
| Proceeds from (Payments to) Noncontrolling InterestsUSD | -24,529,000Source | -32,943,000Source | -14,478,000Source | -728,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 14,299,171,000Source | 12,303,464,000Source | 11,995,934,000Source | 9,778,038,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 515,398,000Source | 250,963,000Source | -82,704,000Source | 43,059,000Source |
| Income Tax Expense (Benefit)USD | 93,384,000Source | 51,542,000Source | -35,408,000Source | 9,171,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 22,972,000Source | 36,633,000Source | 2,653,000Source | 534,000Source |
| Net Income (Loss) Attributable to ParentUSD | 399,042,000Source | 162,788,000Source | -49,949,000Source | 33,354,000Source |
| Earnings Per Share, BasicUSD per share | 5.12Source | 2.09Source | -0.64Source | 0.45Source |
| Earnings Per Share, DilutedUSD per share | 5.07Source | 2.06Source | -0.64Source | 0.42Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 77,866,000Source | 78,049,000Source | 77,535,000Source | 74,917,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 78,694,000Source | 78,880,000Source | 77,535,000Source | 76,185,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 131,200,000Source | 139,900,000Source | 169,200,000Source | 135,900,000Source |
| Business Combination, Acquisition Related CostsUSD | 4,000,000Source | 3,000,000Source | 3,000,000Source | — |
| Cost of Goods and Service, Excluding Depreciation, Depletion, and AmortizationUSD | 12,506,437,000Source | 10,675,987,000Source | 10,613,762,000Source | 8,586,333,000Source |
| Current Income Tax Expense (Benefit)USD | -21,800,000Source | 86,000,000Source | 105,500,000Source | -400,000Source |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual AmountUSD | 0Source | — | — | 0Source |
| General and Administrative ExpenseUSD | 713,009,000Source | 684,508,000Source | 698,899,000Source | 559,437,000Source |
| Goodwill, Impairment LossUSD | 0Source | — | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 516,500,000Source | 255,700,000Source | -84,900,000Source | 66,700,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | 31,964,000Source | 30,228,000Source | 30,697,000Source | 28,836,000Source |
| InterestExpenseOperatingUSD | 172,985,000Source | 193,266,000Source | — | — |
| Interest Revenue (Expense), NetUSD | — | — | -234,405,000Source | -112,255,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 399,042,000Source | 162,788,000Source | -49,949,000Source | 33,354,000Source |
| Nonoperating Income (Expense)USD | 3,776,000Source | -11,006,000Source | 40,893,000Source | 1,358,000Source |
| Operating Lease, ExpenseUSD | — | — | — | 134,100,000Source |
Filing attachments
d299977dex42.htm · 8-K · 2026-08-17
EX-4.2 2 d299977dex42.htm EX-4.2 EX-4.2 Exhibit 4.2 MASTEC, INC. TO U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, As Trustee TWENTY-SECOND SUPPLEMENTAL INDENTURE Dated as of August 17, 2026 to the INDENTURE Dated as of June 5, 2009 5.850% SENIOR NOTES DUE 2036 TABLE OF CONTENTS Page ARTICLE 1 DEFINITIONS AND INCORPORATION BY REFERENCE Section 1.01 Relationshi…
Read attachment ↗d165744dex991.htm · 8-K · 2026-08-10
EX-99.1 3 d165744dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 MasTec Announces Pricing of $650,000,000 of Senior Notes CORAL GABLES, Fla., August 6, 2026 /PRNewswire/ - MasTec, Inc. (NYSE: MTZ) (“MasTec”) today announced the pricing of its public offering of $650,000,000 aggregate principal amount of senior notes due 2036. The notes will pay interest semi-annually at a rate of 5.850% and will mature on September 30, 2036. The notes were priced at 99.656%. The notes will be MasTec’s senior uns…
Read attachment ↗mtz630268-kex991.htm · 8-K · 2026-07-30
EX-99.1 2 mtz630268-kex991.htm EX-99.1 Document Exhibit 99.1 Contact: 800 S. Douglas Road, 12th Floor J. Marc Lewis, Investor Relations Coral Gables, Florida 33134 305-406-1815 Tel: 305-599-1800 marc.lewis@mastec.com www.mastec.com MasTec Reports Second Quarter 2026 Results and Updates Full Year 2026 Financial Guidance Second Quarter 2026 Highlights • Revenue of $4.4 billion, a quarterly record, incre…
Read attachment ↗mtz331268-kex991.htm · 8-K · 2026-04-30
EX-99.1 2 mtz331268-kex991.htm EX-99.1 Document Exhibit 99.1 Contact: 800 S. Douglas Road, 12th Floor J. Marc Lewis, Investor Relations Coral Gables, Florida 33134 305-406-1815 Tel: 305-599-1800 marc.lewis@mastec.com www.mastec.com MasTec Reports First Quarter 2026 Results and Increases Full Year 2026 Financial Guidance First Quarter 2026 Highlights • Revenue of $3.8 billion, a first quarter record, i…
Read attachment ↗mtz930258-kex991.htm · 8-K · 2025-10-30
EX-99.1 2 mtz930258-kex991.htm EX-99.1 Document Exhibit 99.1 Contact: 800 S. Douglas Road, 12th Floor Chris Mecray, Vice President - Investor Relations Coral Gables, Florida 33134 305-507-7304 Tel: 305-599-1800 chris.mecray@mastec.com www.mastec.com MasTec Reports Third Quarter 2025 Results and Updates 2025 Financial Guidance Third Quarter 2025 Highlights …
Read attachment ↗d944511dex991.htm · 8-K · 2025-08-27
EX-99.1 2 d944511dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Notice of Blackout Period Under The MasTec, Inc. 401(k) Retirement Plan To: All Directors and Section 16 Officers of MasTec, Inc. From: Sandy Orr Date: August 26, 2025 Subject: Notice of Blackout Trading Restriction Period (the “BTR Blackout Period”) Class of Securities Subject to the BTR Blackout Period This notice (“Notice”) is to inform you of significant restrictions on your ability to t…
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