CoverageForm 410-K10-Q8-K13D13G13F

MTZ · Mastec Inc - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · MTZ

Income Statement

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue$14.30B$12.30B$12.00B$9.78B$7.95B$6.32B
Cost of Revenue------
Gross Profit------
R&D------
SG&A$713.01M$684.51M$698.90M$559.44M$306.97M$319.19M
Total Operating Expenses------
D&A$427.10M$506.60M$603.20M$507.10M$422.80M$297.80M
Operating Income$515.40M$250.96M($82.70M)$43.06M$430.07M$425.16M
Interest Expense------
Income Tax$93.38M$51.54M($35.41M)$9.17M$99.35M$102.47M
Net Income$399.04M$162.79M($49.95M)$33.35M$328.83M$322.85M
EPS - Basic$5.12$2.09($0.64)$0.45$4.54$4.43
EPS - Diluted$5.07$2.06($0.64)$0.42$4.45$4.38

Balance Sheet

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash & Equivalents$396.03M$399.90M$529.56M$370.59M$360.74M$423.12M
Accounts Receivable$1.54B$1.38B$1.37B$1.40B$1.02B$784.49M
Inventory$112.47M$107.34M$108.15M$117.97M$92.59M$89.64M
Accounts Payable$1.28B$1.11B$1.24B$1.11B$663.06M$571.27M
Current Assets$4.33B$3.65B$3.97B$3.86B$2.87B$2.36B
Total Assets$9.92B$8.98B$9.37B$9.29B$7.12B$5.23B
Current Liabilities$3.27B$3.00B$2.84B$2.50B$1.78B$1.42B
Long-term Debt------
Total Liabilities$6.59B$5.99B$6.65B$6.55B$4.58B$3.22B
Stockholders' Equity$3.26B$2.91B$2.71B$2.74B$2.54B$2.00B
Retained Earnings$2.71B$2.31B$2.15B$2.20B$2.16B$1.83B

Cash Flow

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Operating Cash Flow$545.71M$1.12B$687.28M$352.30M$793.07M$937.25M
Investing Cash Flow($267.25M)($157.49M)($178.06M)($821.18M)($1.36B)($216.60M)
Financing Cash Flow($283.44M)($1.09B)($351.00M)$480.90M$501.94M($369.89M)
CapEx$259.99M$148.85M$192.94M$263.35M$170.07M$213.75M
Free Cash Flow$285.73M$972.77M$494.34M$88.94M$623.01M$723.51M

Ratios

MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Profitability
Gross margin------
Operating margin3.6%2.0%-0.7%0.4%5.4%6.7%
EBITDA margin6.6%6.2%4.3%5.6%10.7%11.4%
Net margin2.8%1.3%-0.4%0.3%4.1%5.1%
Free cash flow margin2.0%7.9%4.1%0.9%7.8%11.4%
FCF / Net income0.725.98-9.902.671.892.24
R&D / Revenue------
SG&A / Revenue5.0%5.6%5.8%5.7%3.9%5.0%
Effective tax rate19.0%24.0%-21.6%23.2%24.1%
Return on assets4.0%1.8%-0.5%0.4%4.6%6.2%
Return on equity12.2%5.6%-1.8%1.2%12.9%16.1%
Return on invested capital------
Liquidity
Current ratio1.321.221.401.551.611.67
Quick ratio1.291.181.361.501.561.60
Cash ratio0.120.130.190.150.200.30
Leverage
Debt / Equity------
Debt / Assets------
Debt / EBITDA------
Interest coverage------
Equity multiplier3.043.083.463.402.802.61
Liabilities / Assets0.660.670.710.710.640.62
Efficiency
Asset turnover1.441.371.281.051.121.21
Inventory turnover------
Days sales outstanding39d41d42d52d47d45d
Days inventory outstanding------
Days payable outstanding------
Cash conversion cycle------
Valuation
P / E42.9x66.1x-203.2x20.7x15.6x
P / B5.2x3.7x2.2x2.4x2.7x2.5x
P / S1.2x0.9x0.5x0.7x0.9x0.8x
EV / EBITDA17.7x13.6x10.3x11.1x7.6x6.4x
Growth
Revenue growth (YoY)16.2%2.6%22.7%23.0%25.8%-12.0%
Revenue CAGR (3y)13.5%15.7%23.8%10.8%4.8%-1.5%
Revenue CAGR (5y)17.7%11.4%11.7%8.2%9.1%8.5%
Gross profit growth (YoY)------
Operating income growth (YoY)105.4%---90.0%1.2%-16.8%
Net income growth (YoY)145.1%---89.9%1.9%-17.7%
EPS growth (YoY)146.1%---90.6%1.6%-15.3%
EPS CAGR (3y)129.4%-22.6%--56.7%10.9%1.2%
EPS CAGR (5y)3.0%-16.8%--37.0%22.5%-
FCF growth (YoY)-70.6%96.8%455.8%-85.7%-13.9%70.7%
FCF CAGR (5y)-17.0%18.1%7.2%22.0%47.8%20.7%
Book value growth (YoY)11.9%7.6%-1.1%7.8%26.9%12.0%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$14.35B total
Clean Energy And Infrastructure$4.70B · 32.7%
Power Delivery$4.18B · 29.1%
Communications$3.34B · 23.3%
Pipeline Infrastructure$2.14B · 14.9%

Geographic

$177.20M total
Non Us$177.20M · 100.0%

Stability scores

Altman Z′

FY 2025 · bankruptcy risk

2.11
Grey zone

Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.

Piotroski F-score

FY 2025 · 9-point quality

7/9
Strong
  • Net income positive
  • Operating cash flow positive
  • ROA improved YoY
  • Cash flow > net income
  • -Long-term debt decreased
  • Current ratio improved
  • No share dilution
  • -Gross margin improved
  • Asset turnover improved

Peer comparison

Same SIC group: Water, Sewer, Pipeline, Comm & Power Line Construction

CompanyRevenue (last FY)Net marginROE
PRIM$7.57B3.6%16.4%
PLPC$669.34M5.3%7.4%
DY$5.55B5.1%15.1%
MYRG$3.66B3.2%17.9%
ESOA$351.88M--

Comparing MASTEC INC against the 5 most active filers in the same SIC group.