MasTec, Inc. (MTZ)
NYSE: MTZ · Real-Time Price · USD
177.82
-3.18 (-1.76%)
At close: Oct 29, 2026, 4:00 PM EDT
172.00
-5.82 (-3.27%)
After-hours: Oct 29, 2026, 7:53 PM EDT
MasTec Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 |
Net Income | 484.24 | 399.04 | 162.79 | -49.95 | 33.35 | 328.83 |
Depreciation & Amortization | 525.61 | 427.08 | 506.62 | 603.16 | 507.15 | 422.83 |
Loss (Gain) From Sale of Assets | -31.17 | -18.45 | -24.14 | -21.41 | -39.69 | -35.64 |
Loss (Gain) on Equity Investments | -42.85 | -31.96 | -30.23 | -30.7 | -28.84 | -33.83 |
Stock-Based Compensation | 39.42 | 34 | 32.67 | 33.34 | 27.45 | 24.81 |
Other Operating Activities | 89.15 | 145.56 | 32.79 | -123.5 | 19 | 44.68 |
Change in Accounts Receivable | -989.55 | -587.42 | 237.34 | -9.18 | -298.05 | 198.45 |
Change in Inventory | 2.41 | -2.71 | 26.35 | 33.02 | -20.52 | 10.15 |
Change in Accounts Payable | 438.79 | 250.53 | -161.73 | 165.89 | 192.12 | -104.48 |
Change in Unearned Revenue | 142.03 | -7.31 | 247.5 | 49.38 | -39.37 | 10.6 |
Change in Other Net Operating Assets | 94.57 | -62.65 | 91.68 | 37.22 | -0.29 | -73.32 |
Operating Cash Flow | 760.51 | 545.71 | 1,122 | 687.28 | 352.3 | 793.07 |
Operating Cash Flow Growth | 17.97% | -51.35% | 63.20% | 95.08% | -55.58% | -15.38% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 |
Capital Expenditures | -355.88 | -259.99 | -148.86 | -192.94 | -263.35 | -170.07 |
Sale of Property, Plant & Equipment | 60.34 | 56.3 | 66.04 | 84.11 | 81.47 | 65.29 |
Cash Acquisitions | -1,681 | -71.04 | -79.93 | -69.39 | -635.76 | -1,245 |
Investment in Securities | 11.5 | 2.75 | 0.7 | -1.47 | -3.58 | -9.44 |
Other Investing Activities | -2.93 | 4.73 | 4.56 | 1.63 | 0.04 | 1.65 |
Investing Cash Flow | -1,968 | -267.25 | -157.49 | -178.06 | -821.18 | -1,357 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 |
Long-Term Debt Issued | - | 5,597 | 4,649 | 4,378 | 4,065 | 1,503 |
Long-Term Debt Repaid | - | -5,703 | -5,631 | -4,678 | -3,423 | -971 |
Net Debt Issued (Repaid) | 1,577 | -105.47 | -981.89 | -299.37 | 642.39 | 532.38 |
Repurchase of Common Stock | - | -77.33 | - | - | -81.29 | - |
Other Financing Activities | -119.21 | -100.65 | -108.34 | -51.63 | -80.2 | -30.44 |
Financing Cash Flow | 1,458 | -283.44 | -1,090 | -351 | 480.9 | 501.94 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 |
Foreign Exchange Rate Adjustments | -0.15 | 1.1 | -3.56 | 0.75 | -2.16 | -0.23 |
Net Cash Flow | 250.4 | -3.87 | -129.66 | 158.97 | 9.86 | -62.38 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 |
Free Cash Flow | 404.63 | 285.73 | 972.77 | 494.34 | 88.95 | 623.01 |
Free Cash Flow Growth | -2.87% | -70.63% | 96.78% | 455.78% | -85.72% | -13.89% |
Free Cash Flow Margin | 2.34% | 2.00% | 7.91% | 4.12% | 0.91% | 7.83% |
Free Cash Flow Per Share | 5.12 | 3.63 | 12.33 | 6.38 | 1.17 | 8.43 |
Levered Free Cash Flow | 107.83 | 96.63 | 881.52 | 730.51 | 23.22 | 275.94 |
Unlevered Free Cash Flow | 231 | 204.74 | 1,002 | 877.01 | 93.38 | 309.33 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 Interest Paid | 45.41 | 176.47 | 195.34 | 237.65 | 106.48 | 61.82 |
Cash Income Tax Paid | 7.76 | 44.38 | 43.95 | 9.61 | 8.6 | 69.11 |
Change in Working Capital | -311.76 | -409.55 | 441.13 | 276.33 | -166.12 | 41.4 |