MasTec, Inc. (MTZ)
NYSE: MTZ · Real-Time Price · USD
246.18
+8.99 (3.79%)
At close: Sep 8, 2026, 4:00 PM EDT
248.00
+10.81 (4.56%)
Pre-market: Sep 9, 2026, 7:03 AM EDT
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 | 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 |
| 16,109 | 14,299 | 12,303 | 11,996 | 9,778 | 7,952 | |
Revenue Growth | 23.46% | 16.22% | 2.56% | 22.68% | 22.97% | 25.80% |
Cost of Revenue | 14,029 | 12,506 | 10,676 | 10,606 | 8,557 | 6,806 |
Gross Profit | 2,080 | 1,793 | 1,627 | 1,390 | 1,221 | 1,146 |
Selling, General & Admin | 771.82 | 709.01 | 681.51 | 634.8 | 507.44 | 299.97 |
Amortization of Goodwill & Intangibles | 142 | 131.19 | 139.85 | 169.23 | 135.91 | 77.21 |
Operating Expenses | 1,233 | 1,136 | 1,188 | 1,238 | 1,015 | 722.8 |
Operating Income | 847.36 | 656.64 | 439.35 | 152.01 | 206.42 | 423.25 |
Interest Expense | -180.72 | -172.99 | -193.27 | -234.41 | -112.26 | -53.41 |
Earnings From Equity Investments | 21.31 | 31.96 | 30.23 | 30.7 | 28.84 | 33.83 |
Other Non Operating Income (Expenses) | 11.9 | 4.78 | 4.99 | 40.89 | 5.86 | 2.41 |
EBT Excluding Unusual Items | 699.85 | 520.4 | 281.31 | -10.8 | 128.86 | 406.08 |
Merger & Restructuring Charges | -28 | -4 | -3 | -71.9 | -86 | -7 |
Gain (Loss) on Sale of Investments | - | - | - | - | - | -7 |
Asset Writedown | - | - | -6 | - | - | - |
Legal Settlements | - | - | - | - | - | 7 |
Other Unusual Items | -1 | -1 | -21.34 | - | 0.2 | 31 |
Pretax Income | 670.85 | 515.4 | 250.96 | -82.7 | 43.06 | 430.08 |
Income Tax Expense | 135.89 | 93.38 | 51.54 | -35.41 | 9.17 | 99.35 |
Earnings From Continuing Operations | 534.95 | 422.01 | 199.42 | -47.3 | 33.89 | 330.73 |
Minority Interest in Earnings | -40.62 | -22.97 | -36.63 | -2.65 | -0.53 | -1.9 |
Net Income | 494.33 | 399.04 | 162.79 | -49.95 | 33.35 | 328.83 |
Net Income to Common | 494.33 | 399.04 | 162.79 | -49.95 | 33.35 | 328.83 |
Net Income Growth | 86.08% | 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 | -0.68% | -0.24% | 1.74% | 1.77% | 3.03% | 0.31% |
EPS (Basic) | 6.35 | 5.12 | 2.09 | -0.64 | 0.45 | 4.54 |
EPS (Diluted) | 6.28 | 5.07 | 2.06 | -0.64 | 0.42 | 4.45 |
EPS Growth | 87.99% | 146.12% | - | - | -90.65% | 1.53% |
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 |
Free Cash Flow | 244.8 | 285.73 | 972.77 | 494.34 | 88.95 | 623.01 |
Free Cash Flow Per Share | 3.11 | 3.63 | 12.33 | 6.38 | 1.17 | 8.43 |
Gross Margin | 12.91% | 12.54% | 13.23% | 11.59% | 12.49% | 14.41% |
Operating Margin | 5.26% | 4.59% | 3.57% | 1.27% | 2.11% | 5.32% |
Profit Margin | 3.07% | 2.79% | 1.32% | -0.42% | 0.34% | 4.13% |
Free Cash Flow Margin | 1.52% | 2.00% | 7.91% | 4.12% | 0.91% | 7.83% |
EBITDA | 1,308 | 1,084 | 945.97 | 755.17 | 713.57 | 846.08 |
EBITDA Margin | 8.12% | 7.58% | 7.69% | 6.30% | 7.30% | 10.64% |
D&A For EBITDA | 461.11 | 427.08 | 506.62 | 603.16 | 507.15 | 422.83 |
EBIT | 847.36 | 656.64 | 439.35 | 152.01 | 206.42 | 423.25 |
EBIT Margin | 5.26% | 4.59% | 3.57% | 1.27% | 2.11% | 5.32% |
Effective Tax Rate | 20.26% | 18.12% | 20.54% | - | 21.30% | 23.10% |