MasTec, Inc. (MTZ)

MasTec Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	479.35	422.01	199.42	-47.3	33.89	330.73
Depreciation & Amortization	440.12	427.08	506.62	603.16	507.15	422.83
Stock-Based Compensation	35.31	34	32.67	33.34	27.45	24.81
Other Adjustments	101.38	75.04	-61.08	-178.26	-50.06	-26.69
Change in Receivables	-914.5	-587.42	237.34	-9.18	-298.05	198.45
Changes in Inventories	-8.12	-2.71	26.35	33.02	-20.52	10.15
Changes in Unearned Revenue	-9.88	-7.31	247.5	49.38	-39.37	10.6
Changes in Other Operating Activities	444.71	187.88	-70.06	203.11	191.83	-177.8
Operating Cash Flow	566.2	545.71	1,122	687.28	352.3	793.07
Operating Cash Flow Growth	-48.16%	-51.35%	63.20%	95.08%	-55.58%	-15.38%
Capital Expenditures	-309.49	-259.99	-148.86	-192.94	-263.35	-170.07
Sale of Property, Plant & Equipment	52.23	56.3	66.04	84.11	81.47	65.29
Purchases of Investments	-1	-1	-0.8	-1.9	-3.98	-10
Proceeds from Sale of Investments	17.46	3.75	1.5	0.43	0.4	0.56
Payments for Business Acquisitions	-333.17	-71.04	-79.93	-69.39	-635.76	-1,245
Other Investing Activities	5.63	4.73	4.56	1.63	0.04	1.65
Investing Cash Flow	-568.34	-267.25	-157.49	-178.06	-821.18	-1,357
Long-Term Debt Issued	6,435	5,597	4,649	4,378	4,065	1,503
Long-Term Debt Repaid	-6,181	-5,542	-5,477	-4,510	-3,241	-812.1
Net Long-Term Debt Issued (Repaid)	253.72	55.56	-827.94	-131.75	823.87	691.27
Repurchase of Common Stock	-69.59	-82.94	-2.95	-10.33	-82.02	-6.02
Net Common Stock Issued (Repurchased)	-69.59	-82.94	-2.95	-10.33	-82.02	-6.02
Other Financing Activities	-255.02	-268.41	-247	-208.92	-238.36	-183.3
Financing Cash Flow	-70.89	-283.44	-1,090	-351	480.9	501.94
Effect of Exchange Rate Changes on Cash and Cash Equivalents	0.96	1.1	-3.56	0.75	-2.16	-0.23
Net Cash Flow	-72.08	-3.87	-129.66	158.97	9.86	-62.38
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%
FCF Margin	1.68%	2.00%	7.91%	4.12%	0.91%	7.83%
Free Cash Flow Per Share	3.26	3.63	12.33	6.38	1.17	8.43
Levered Free Cash Flow	1,261	799.57	-103.6	514.03	1,233	1,116
Unlevered Free Cash Flow	1,165	879.36	908.29	741.54	474.2	415.81

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

SEC Filings: 10-K · 10-Q