MasTec, Inc. (MTZ)
NYSE: MTZ · Real-Time Price · USD
241.00
-10.13 (-4.03%)
At close: Aug 28, 2026, 4:00 PM EDT
244.44
+3.44 (1.43%)
After-hours: Aug 28, 2026, 7:57 PM EDT
MasTec Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Cash & Equivalents | 315.64 | 396.03 | 399.9 | 529.56 | 370.59 | 360.74 |
Short-Term Investments | - | - | - | - | - | 7.9 |
Cash & Short-Term Investments | 315.64 | 396.03 | 399.9 | 529.56 | 370.59 | 368.64 |
Cash Growth | 65.21% | -0.97% | -24.48% | 42.90% | 0.53% | -16.24% |
Accounts Receivable | 4,228 | 3,542 | 2,937 | 3,126 | 3,130 | 2,247 |
Other Receivables | 3.3 | 2.8 | 3 | - | - | - |
Receivables | 4,232 | 3,545 | 2,940 | 3,126 | 3,130 | 2,247 |
Inventory | 113.6 | 112.47 | 107.35 | 108.15 | 117.97 | 92.6 |
Prepaid Expenses | 151.11 | 183.58 | 118.89 | 105.88 | 122.31 | 91.49 |
Other Current Assets | 126.69 | 92.03 | 86.13 | 104.21 | 118.64 | 73.98 |
Total Current Assets | 4,939 | 4,329 | 3,653 | 3,974 | 3,859 | 2,874 |
Property, Plant & Equipment | 2,199 | 1,993 | 1,768 | 1,907 | 1,887 | 1,696 |
Long-Term Investments | 367 | 377 | 330 | - | - | - |
Goodwill | 2,360 | 2,249 | 2,203 | 2,126 | 2,045 | 1,521 |
Other Intangible Assets | 930.26 | 849.45 | 904.47 | 947.16 | 1,093 | 670.28 |
Other Long-Term Assets | 131.05 | 126.48 | 117.24 | 418.49 | 409.16 | 360.09 |
Total Assets | 10,925 | 9,924 | 8,975 | 9,374 | 9,293 | 7,121 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Accounts Payable | 1,473 | 1,281 | 1,106 | 1,243 | 1,110 | 663.06 |
Accrued Expenses | 504.02 | 453.44 | 358.3 | 614.02 | 547.86 | 433.08 |
Current Portion of Long-Term Debt | 26.5 | 22.61 | 186.1 | 177.25 | 171.92 | 137.91 |
Current Portion of Leases | 321.07 | 307.35 | 146.18 | 137.77 | 96.52 | 95.43 |
Current Income Taxes Payable | 99.8 | 64.7 | 83 | - | - | - |
Current Unearned Revenue | 760.91 | 747.73 | 735.63 | 480.97 | 406.23 | 313.97 |
Other Current Liabilities | 343.99 | 394.31 | 384.75 | 184.62 | 163.65 | 141.16 |
Total Current Liabilities | 3,529 | 3,271 | 3,000 | 2,837 | 2,496 | 1,785 |
Long-Term Debt | 2,325 | 1,964 | 1,682 | 2,508 | 2,672 | 1,566 |
Long-Term Leases | 562.45 | 504.74 | 617.8 | 673.17 | 574.35 | 486.68 |
Long-Term Deferred Tax Liabilities | 514.96 | 478.16 | 362.77 | 390.4 | 571.4 | 450.36 |
Other Long-Term Liabilities | 393.72 | 370.61 | 326.14 | 243.7 | 238.39 | 289.96 |
Total Liabilities | 7,326 | 6,589 | 5,988 | 6,652 | 6,552 | 4,578 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Common Stock | 9.95 | 9.93 | 9.9 | 9.91 | 9.86 | 9.54 |
Additional Paid-In Capital | 1,345 | 1,320 | 1,291 | 1,263 | 1,247 | 1,034 |
Retained Earnings | 2,899 | 2,708 | 2,309 | 2,146 | 2,196 | 2,162 |
Treasury Stock | -731.7 | -734.13 | -656.81 | -659.91 | -663.91 | -586.96 |
Comprehensive Income & Other | -44.99 | -44.03 | -40.85 | -53 | -50.96 | -78.78 |
Total Common Equity | 3,477 | 3,259 | 2,912 | 2,706 | 2,737 | 2,540 |
Minority Interest | 123.02 | 75.21 | 75.49 | 15.11 | 3.86 | 4.05 |
Shareholders' Equity | 3,600 | 3,335 | 2,987 | 2,721 | 2,741 | 2,544 |
Total Liabilities & Equity | 10,925 | 9,924 | 8,975 | 9,374 | 9,293 | 7,121 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Total Debt | 3,235 | 2,799 | 2,632 | 3,496 | 3,515 | 2,286 |
Net Cash (Debt) | -2,920 | -2,403 | -2,232 | -2,966 | -3,144 | -1,917 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -37.09 | -30.54 | -28.29 | -38.26 | -41.27 | -25.93 |
Filing Date Shares Outstanding | 79.28 | 77.86 | 78.16 | 77.78 | 76.74 | 74.68 |
Total Common Shares Outstanding | 78.06 | 77.86 | 78.18 | 77.78 | 76.63 | 74.68 |
Working Capital | 1,410 | 1,058 | 652.83 | 1,137 | 1,363 | 1,089 |
Book Value Per Share | 44.54 | 41.86 | 37.25 | 34.79 | 35.72 | 34.01 |
Tangible Book Value | 187.06 | 160.87 | -195.69 | -367.37 | -400.71 | 348.95 |
Tangible Book Value Per Share | 2.40 | 2.07 | -2.50 | -4.72 | -5.23 | 4.67 |
Land | 65.3 | 65.3 | 67.4 | 68.5 | 73.5 | 40 |
Buildings | 109.1 | 101.2 | 100.5 | 90.7 | 86.7 | 94.1 |
Machinery | 3,629 | 3,424 | 3,143 | 3,131 | 2,897 | 2,674 |
Construction In Progress | 68.4 | 49.1 | 32.5 | 56 | 67.4 | 32.7 |
Order Backlog | - | 18,963 | 14,298 | - | - | - |