MasTec Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	15,280	14,299	12,304	11,996	9,778	7,952
Revenue Growth (YoY)	22.59%	16.22%	2.56%	22.68%	22.97%	25.80%
Cost of Revenue	13,321	12,506	10,676	10,614	8,586	6,806
Gross Profit	1,960	1,793	1,627	1,382	1,192	1,146
Selling, General & Admin	761.05	713.01	684.51	698.9	559.44	306.97
Depreciation & Amortization Expenses	440.12	427.08	506.62	603.16	507.15	422.83
Total Operating Expenses	1,201	1,140	1,191	1,302	1,067	729.8
Operating Income	758.38	652.64	436.35	80.11	125.12	416.25
Interest Expense	-177.41	-172.99	-193.27	-234.41	-112.26	-53.41
Other Non-Operating Income (Expense)	-18.57	-35.74	-30.57	-71.59	-30.19	-67.24
Total Non-Operating Income (Expense)	-195.97	-208.73	-223.83	-306	-142.45	-120.65
Pretax Income	597.91	515.4	250.96	-82.7	43.06	430.08
Provision for Income Taxes	118.56	93.38	51.54	-35.41	9.17	99.35
Net Income	449.98	399.04	162.79	-49.95	33.35	328.83
Minority Interest in Earnings	29.37	22.97	36.63	2.65	0.53	1.9
Net Income to Common	449.98	399.04	162.79	-49.95	33.35	328.83
Net Income Growth	110.40%	145.13%	-	-	-89.86%	1.85%
Shares Outstanding (Basic)	78	78	78	78	75	72
Shares Outstanding (Diluted)	79	79	79	78	76	74
Shares Change (YoY)	-0.38%	-0.24%	1.74%	1.77%	3.03%	0.31%
EPS (Basic)	5.78	5.12	2.09	-0.64	0.45	4.54
EPS (Diluted)	5.71	5.07	2.06	-0.64	0.42	4.45
EPS Growth	109.93%	146.12%	-	-	-90.56%	1.60%
Shares Outstanding	79.01	78.9	79.31	79.28	78.68	76.43
Free Cash Flow	256.71	285.73	972.77	494.34	88.95	623.01
Free Cash Flow Growth	-10.15%	-70.63%	96.78%	455.78%	-85.72%	-13.89%
Free Cash Flow Per Share	3.26	3.63	12.33	6.38	1.17	8.43
Gross Margin	12.82%	12.54%	13.23%	11.52%	12.19%	14.41%
Operating Margin	4.96%	4.56%	3.55%	0.67%	1.28%	5.23%
Profit Margin	3.14%	2.95%	1.62%	-0.39%	0.35%	4.16%
FCF Margin	1.68%	2.00%	7.91%	4.12%	0.91%	7.83%
EBITDA	1,198	1,080	942.97	683.27	632.27	839.08
EBITDA Margin	7.84%	7.55%	7.66%	5.70%	6.47%	10.55%
EBIT	758.38	652.64	436.35	80.11	125.12	416.25
EBIT Margin	4.96%	4.56%	3.55%	0.67%	1.28%	5.23%
Effective Tax Rate	19.83%	18.12%	20.54%	42.81%	21.30%	23.10%

Updated Apr 30, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q