MasTec Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	14,299	12,303	11,996	9,778	7,952
Revenue Growth (YoY)	16.22%	2.56%	22.68%	22.97%	25.80%
Cost of Revenue	12,506	10,676	10,614	8,586	6,806
Gross Profit	1,793	1,627	1,382	1,192	1,146
Selling, General & Admin	713.01	684.51	698.9	559.44	306.97
Depreciation & Amortization Expenses	427.08	506.62	603.16	507.15	422.83
Total Operating Expenses	1,140	1,191	1,302	1,067	729.8
Operating Income	652.64	436.35	80.11	125.12	416.25
Interest Expense	-172.99	-193.27	-234.41	-112.26	-53.41
Other Non-Operating Income (Expense)	-35.74	-30.57	-71.59	-30.19	-67.24
Total Non-Operating Income (Expense)	-208.73	-223.83	-306	-142.45	-120.65
Pretax Income	515.4	250.96	-82.7	43.06	430.08
Provision for Income Taxes	93.38	51.54	-35.41	9.17	99.35
Net Income	399.04	162.79	-49.95	33.35	328.83
Minority Interest in Earnings	22.97	36.63	2.65	0.53	1.9
Net Income to Common	399.04	162.79	-49.95	33.35	328.83
Net Income Growth	145.13%	-	-	-89.86%	1.85%
Shares Outstanding (Basic)	78	78	78	75	72
Shares Outstanding (Diluted)	79	79	78	76	74
Shares Change (YoY)	-0.24%	1.74%	1.77%	3.03%	0.31%
EPS (Basic)	5.12	2.09	-0.64	0.45	4.54
EPS (Diluted)	5.07	2.06	-0.64	0.42	4.45
EPS Growth	146.12%	-	-	-90.56%	1.60%
Free Cash Flow	285.73	972.77	494.34	88.95	623.01
Free Cash Flow Growth	-70.63%	96.78%	455.78%	-85.72%	-13.89%
Free Cash Flow Per Share	3.63	12.33	6.38	1.17	8.43
Gross Margin	12.54%	13.23%	11.52%	12.19%	14.41%
Operating Margin	4.56%	3.55%	0.67%	1.28%	5.23%
Profit Margin	2.95%	1.62%	-0.39%	0.35%	4.16%
FCF Margin	2.00%	7.91%	4.12%	0.91%	7.83%
EBITDA	1,080	942.97	683.27	632.27	839.08
EBITDA Margin	7.55%	7.66%	5.70%	6.47%	10.55%
EBIT	652.64	436.35	80.11	125.12	416.25
EBIT Margin	4.56%	3.55%	0.67%	1.28%	5.23%
Effective Tax Rate	18.12%	20.54%	42.81%	21.30%	23.10%

Updated Feb 26, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q