MasTec Inc. (MTZ) reported $17.29B of revenue for the twelve months ended Sep 30, 2026. That is up 25.7% from the year before. Revenue for fiscal 2025 was $14.30B.

Yes. MasTec Inc. earned $484.24M in net income for the twelve months ended Sep 30, 2026, a net margin of 2.8%.

How much cash and debt does MTZ have?

MasTec Inc. reported $481.82M in cash and cash equivalents and $3.99B of debt on its most recent balance sheet in SEC filings.

How fast is MTZ revenue growing?

MasTec Inc.'s revenue changed +16.2% in fiscal 2025, to $14.30B. Its compound annual growth rate was +17.7% over 5 years and +13.0% over 10 years.

What is MTZ free cash flow?

MasTec Inc. generated $404.63M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $760.51M less capital expenditures.

What is MTZ earnings per share?

Diluted earnings per share were $6.12 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.

When did MTZ last report financial results?

The latest statements here come from MasTec Inc.'s 10-Q filed on Oct 29, 2026, covering the period ended Sep 30, 2026.

Where does this MTZ financial data come from?

Quantisnow builds these statements from the structured XBRL data MasTec Inc. files with the SEC. It is provided for information only and is not investment advice.

Financials · MTZ

MasTec Inc. (MTZ) financials

For the twelve months ended Sep 30, 2026, MasTec Inc. reported $17.29B of revenue and $484.24M of net income.

Revenue, TTM: $17.29B
Revenue growth, YoY: +25.7%
Net income, TTM: $484.24M
Net income growth, YoY: +46.3%
Net margin: 2.8%
Free cash flow, TTM: $404.63M
EPS, diluted, TTM: $6.12
EPS growth, YoY: +45.4%
Cash: $481.82M
Total debt: $3.99B
P/E: 28.87
P/S: 0.81
Market cap: $13.98B

Annual revenue$14.30B

FY2016FY2025

Annual net income$399.04M

FY2016FY2025

Annual free cash flow$285.73M

FY2016FY2025

MTZ revenue and earnings growth

MTZ revenueQ3 2026$5.15B

Quarter YoY: +29.9%
QoQ: +17.8%
FY YoY: +16.2%
5Y CAGR: +17.7%
10Y CAGR: +13.0%

MTZ revenue was $5.15B in fiscal Q3 2026 (ended Sep 30, 2026), up 29.9% from a year earlier and up 17.8% from the prior quarter. For the full fiscal 2025 it was $14.30B, up 16.2% from fiscal 2024. Compound annual growth was +17.7% over 5 years and +13.0% over 10 years. It rose in 9 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

MTZ net incomeQ3 2026$150.57M

Quarter YoY: -6.3%
QoQ: +15.7%
FY YoY: +145.1%
5Y CAGR: +4.3%

MTZ net income was $150.57M in fiscal Q3 2026 (ended Sep 30, 2026), down 6.3% from a year earlier and up 15.7% from the prior quarter. For the full fiscal 2025 it was $399.04M, up 145.1% from fiscal 2024. Compound annual growth was +4.3% over 5 years. Fiscal 2025 is the highest of the 15 fiscal years on file.

MTZ EPSQ3 2026$1.89

Quarter YoY: -7.4%
QoQ: +14.5%
FY YoY: +146.1%
5Y CAGR: +3.0%

MTZ diluted EPS was $1.89 in fiscal Q3 2026 (ended Sep 30, 2026), down 7.4% from a year earlier and up 14.5% from the prior quarter. For the full fiscal 2025 it was $5.07, up 146.1% from fiscal 2024. Compound annual growth was +3.0% over 5 years.

MTZ free cash flowQ3 2026$180.11M

Quarter YoY: +788.8%
FY YoY: -70.6%
5Y CAGR: -17.0%
10Y CAGR: +0.1%

MTZ free cash flow was $180.11M in fiscal Q3 2026 (ended Sep 30, 2026), up 788.8% from a year earlier. For the full fiscal 2025 it was $285.73M, down 70.6% from fiscal 2024. Compound annual growth was -17.0% over 5 years and +0.1% over 10 years. It rose in 5 of the last 10 fiscal years.

Export CSV

Income statement

Income statement
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue	$14.30B	$12.30B	$12.00B	$9.78B	$7.95B	$6.32B	$7.18B	$6.91B	$6.61B	$5.13B
Selling, general and admin	$713.01M	$684.51M	$698.90M	$559.44M	$306.97M	$302.98M	$286.36M	$287.28M	$275.10M	$261.43M
Pre-tax income	$515.40M	$250.96M	-$82.70M	$43.06M	$430.07M	$425.16M	$510.94M	$365.30M	$371.83M	$225.82M
Income tax	$93.38M	$51.54M	-$35.41M	$9.17M	$99.35M	$102.47M	$116.84M	$106.07M	$22.94M	$91.78M
Net income	$399.04M	$162.79M	-$49.95M	$33.35M	$328.83M	$322.85M	$392.33M	$259.66M	$347.21M	$131.26M
EPS, basic	$5.12	$2.09	-$0.64	$0.45	$4.54	$4.43	$5.22	$3.30	$4.29	$1.63
EPS, diluted	$5.07	$2.06	-$0.64	$0.42	$4.45	$4.38	$5.17	$3.26	$4.22	$1.61
Diluted shares	78.7M	78.9M	77.5M	76.2M	73.9M	73.7M	75.8M	79.8M	82.3M	81.4M

Balance sheet

Balance sheet
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Cash and equivalents	$396.03M	$399.90M	$529.56M	$370.59M	$360.74M	$423.12M	$71.43M	$27.42M	$40.33M	$38.77M
Receivables	$1.54B	$1.38B	$1.37B	$1.40B	$1.02B	$784.49M	$850.33M	$671.32M	$1.60B	$1.16B
Inventory	$112.47M	$107.34M	$108.15M	$117.97M	$92.59M	$89.64M	$100.07M	$113.71M	$76.99M	$111.03M
Current assets	$4.33B	$3.65B	$3.97B	$3.86B	$2.87B	$2.36B	$2.17B	$2.17B	$1.85B	$1.40B
Goodwill	$2.25B	$2.20B	$2.13B	$2.04B	$1.52B	$1.24B	$1.22B	$1.10B	$1.14B	$995.90M
Total assets	$9.92B	$8.98B	$9.37B	$9.29B	$7.12B	$5.23B	$5.00B	$4.44B	$4.07B	$3.18B
Current liabilities	$3.27B	$3.00B	$2.84B	$2.50B	$1.78B	$1.42B	$1.22B	$1.28B	$963.83M	$839.99M
Long-term debt	$2.18B	$2.04B	$2.89B	$3.05B	$1.88B	$1.16B	$1.31B	$1.32B	$1.28B	$961.38M
Total debt	$2.18B	$2.04B	$2.89B	$3.05B	$1.88B	$1.16B	$1.31B	$1.32B	$1.28B	$961.38M
Total liabilities	$6.59B	$5.99B	$6.65B	$6.55B	$4.58B	$3.22B	$3.21B	$3.05B	$2.63B	$2.08B
Shareholders' equity	$3.26B	$2.99B	$2.72B	$2.74B	$2.54B	$2.01B	$1.79B	$1.39B	$1.43B	$1.10B

Cash flow

Cash flow
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Operating cash flow	$545.71M	$1.12B	$687.28M	$352.30M	$793.07M	$937.25M	$550.28M	$529.96M	$144.10M	$205.59M
Capital expenditures	$259.99M	$148.85M	$192.94M	$263.35M	$170.07M	$213.75M	$126.47M	$180.42M	$123.41M	$117.11M
Free cash flow	$285.73M	$972.77M	$494.34M	$88.94M	$623.01M	$723.51M	$423.81M	$349.54M	$20.68M	$88.48M
Investing cash flow	-$267.25M	-$157.49M	-$178.06M	-$821.18M	-$1.36B	-$216.60M	-$261.82M	-$181.80M	-$272.75M	-$141.02M
Financing cash flow	-$283.44M	-$1.09B	-$351.00M	$480.90M	$501.94M	-$369.89M	-$244.63M	-$361.09M	$130.32M	-$29.49M
Share repurchases	$77.33M	$0	$0	$81.29M	$0	$120.23M	$5.65M	$313.95M	$1.55M	$0
Stock-based compensation	$34.00M	$32.67M	$33.34M	$27.45M	$24.80M	$21.88M	$16.45M	$13.53M	$15.66M	$15.07M
Depreciation and amortization	$427.10M	$506.60M	$603.20M	$507.10M	$422.80M	$297.80M	$235.50M	$212.90M	$188.05M	$164.91M

Key ratios

Key ratios
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue growth, YoY	16.2%	2.6%	22.7%	23.0%	25.8%	-12.0%	4.0%	4.6%	28.7%	22.0%
Net income growth, YoY	145.1%	-	-	-89.9%	1.9%	-17.7%	51.1%	-25.2%	164.5%	-
EPS growth, YoY	146.1%	-	-	-90.6%	1.6%	-15.3%	58.6%	-22.7%	162.1%	-
Net margin	2.8%	1.3%	-0.4%	0.3%	4.1%	5.1%	5.5%	3.8%	5.3%	2.6%
Free cash flow margin	2.0%	7.9%	4.1%	0.9%	7.8%	11.4%	5.9%	5.1%	0.3%	1.7%
Return on equity	12.2%	5.4%	-1.8%	1.2%	12.9%	16.1%	21.9%	18.7%	24.2%	11.9%
Return on assets	4.0%	1.8%	-0.5%	0.4%	4.6%	6.2%	7.9%	5.8%	8.5%	4.1%
Current ratio	1.32	1.22	1.40	1.55	1.61	1.67	1.78	1.69	1.92	1.67
Debt to equity	0.67	0.68	1.06	1.11	0.74	0.58	0.73	0.95	0.89	0.87

Income statement

Income statement
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue	$5.15B	$4.37B	$3.83B	$3.94B	$3.97B	$3.54B	$2.85B	$3.40B	$3.25B	$2.96B	$2.69B	$3.28B
Selling, general and admin	$228.54M	$206.47M	$214.21M	$188.56M	$183.58M	$174.82M	$166.05M	$183.02M	$168.87M	$167.08M	$165.54M	$178.19M
Operating income	$275.45M	$226.20M	$141.80M	-	$249.61M	$158.10M	$36.19M	-	-	-	-	-
Interest expense	$61.80M	$47.17M	$43.46M	-	$45.44M	$43.85M	$39.04M	-	-	-	-	-
Pre-tax income	$220.16M	$193.73M	$91.45M	$174.04M	$211.62M	$120.79M	$8.94M	$96.43M	$136.96M	$63.11M	-$45.54M	$14.0K
Income tax	$52.44M	$47.99M	$21.79M	$20.98M	$45.13M	$30.66M	-$3.38M	$11.73M	$31.55M	$19.34M	-$11.08M	-$1.18M
Net income	$150.57M	$130.12M	$60.84M	$142.71M	$160.66M	$85.77M	$9.90M	$74.74M	$95.24M	$33.99M	-$41.18M	$753.0K
EPS, basic	$1.90	$1.67	$0.78	$1.82	$2.07	$1.10	$0.13	$0.96	$1.22	$0.44	-$0.53	$0.03
EPS, diluted	$1.89	$1.65	$0.77	$1.81	$2.04	$1.09	$0.13	$0.95	$1.21	$0.43	-$0.53	$0.03
Diluted shares	79.8M	78.9M	78.8M	-	78.6M	78.5M	79.1M	-	78.9M	78.9M	77.9M	-

Balance sheet

Balance sheet
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Cash and equivalents	$481.82M	$315.64M	$273.67M	$396.03M	$231.42M	$191.05M	$345.75M	$399.90M	$181.22M	$297.59M	$249.33M	$529.56M
Receivables	$2.54B	$1.74B	$1.59B	$1.54B	$1.69B	$1.42B	$1.35B	$1.38B	$1.45B	$1.34B	$1.31B	$1.37B
Inventory	$110.53M	$113.60M	$117.23M	$112.47M	$111.87M	$108.53M	$114.50M	$107.34M	$101.16M	$107.88M	$112.32M	$108.15M
Current assets	$6.20B	$4.94B	$4.52B	$4.33B	$4.31B	$3.75B	$3.55B	$3.65B	$3.57B	$3.48B	$3.45B	$3.97B
Goodwill	$3.04B	$2.36B	$2.35B	$2.25B	$2.21B	$2.21B	$2.20B	$2.20B	$2.14B	$2.13B	$2.13B	$2.13B
Total assets	$14.14B	$10.93B	$10.44B	$9.92B	$9.69B	$9.13B	$8.86B	$8.98B	$8.76B	$8.68B	$8.75B	$9.37B
Current liabilities	$4.47B	$3.53B	$3.43B	$3.27B	$3.24B	$3.07B	$2.91B	$3.00B	$2.89B	$2.75B	$2.63B	$2.84B
Long-term debt	$3.99B	$2.57B	$2.38B	$2.18B	$2.20B	$2.10B	$2.04B	$2.04B	$2.14B	$2.36B	$2.54B	$2.89B
Total debt	$3.99B	$2.57B	$2.38B	$2.18B	$2.20B	$2.10B	$2.04B	$2.04B	$2.14B	$2.36B	$2.54B	$2.89B
Total liabilities	$9.94B	$7.33B	$7.01B	$6.59B	$6.51B	$6.12B	$5.91B	$5.99B	$5.93B	$5.94B	$6.06B	$6.65B
Shareholders' equity	$4.05B	$3.60B	$3.43B	$3.26B	$3.18B	$3.01B	$2.96B	$2.99B	$2.83B	$2.73B	$2.69B	$2.72B

Cash flow

Cash flow
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Operating cash flow	$267.45M	$21.47M	$98.85M	$372.74M	$88.97M	$5.65M	$78.36M	$471.70M	$277.73M	$264.45M	$107.75M	$490.70M
Capital expenditures	$87.34M	$91.54M	$96.77M	$80.22M	$68.70M	$63.80M	$47.26M	$48.32M	$43.60M	$31.50M	$25.41M	$35.57M
Free cash flow	$180.11M	-$70.08M	$2.09M	$292.52M	$20.27M	-$58.15M	$31.10M	$423.38M	$234.13M	$232.95M	$82.34M	$455.13M
Investing cash flow	-$1.43B	-$89.91M	-$336.00M	-$111.92M	-$68.67M	-$51.75M	-$34.91M	-$76.69M	-$56.33M	-$11.44M	-$13.03M	-$6.38M
Financing cash flow	$1.33B	$110.47M	$114.85M	-$96.40M	$20.23M	-$109.58M	-$97.69M	-$173.72M	-$337.44M	-$204.26M	-$374.82M	-$169.41M
Share repurchases	$0	$0	$0	$0	$0	$50.48M	$26.84M	$0	$0	$0	$0	$0
Stock-based compensation	$11.30M	$11.50M	$8.25M	$8.37M	$9.31M	$9.37M	$6.94M	$8.63M	$7.35M	$7.03M	$9.67M	$9.00M
Depreciation and amortization	$169.10M	$123.60M	$121.90M	$111.10M	$104.60M	$102.60M	$108.90M	$115.20M	$114.60M	$135.80M	$141.10M	$151.60M

Key ratios

Key ratios
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue growth, YoY	29.9%	23.4%	34.5%	15.8%	22.0%	19.7%	6.0%	3.8%	-0.1%	3.0%	4.0%	9.0%
Net income growth, YoY	-6.3%	51.7%	514.4%	90.9%	68.7%	152.3%	-	9825.6%	566.2%	118.7%	-	-76.6%
EPS growth, YoY	-7.4%	51.4%	492.3%	90.5%	68.6%	153.5%	-	-	572.2%	115.0%	-	-
Operating margin	5.3%	5.2%	3.7%	-	6.3%	4.5%	1.3%	-	-	-	-	-
Net margin	2.9%	3.0%	1.6%	3.6%	4.0%	2.4%	0.3%	2.2%	2.9%	1.1%	-1.5%	0.0%
Free cash flow margin	3.5%	-1.6%	0.1%	7.4%	0.5%	-1.6%	1.1%	12.4%	7.2%	7.9%	3.1%	13.9%
Current ratio	1.39	1.40	1.32	1.32	1.33	1.22	1.22	1.22	1.24	1.27	1.31	1.40
Debt to equity	0.98	0.71	0.69	0.67	0.69	0.70	0.69	0.68	0.76	0.86	0.94	1.06

Source: XBRL data MasTec Inc. files with the SEC, latest filing dated Oct 29, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

MTZ peers

Company	Revenue	Growth	Net income	Net margin	Market cap
MTZ	$17.29B	+25.7%	$484.24M	2.8%	$13.98B
DYDycom Industries Inc.	$6.88B	+37.8%	$329.58M	4.8%	$6.26B
MYRGMYR Group Inc.	$4.31B	+22.8%	$193.20M	4.5%	$4.09B
PRIMPrimoris Services Corporation	$7.06B	-5.4%	$96.30M	1.4%	$3.44B
PLPCPreformed Line Products Company	$771.57M	+16.3%	$58.53M	7.6%	$1.28B
RNTZRantizo	$12.95M	+16.6%	-$2.92M	-22.6%	$226.6M
ESOAEnergy Services of America Corporation	$467.37M	+21.2%	-	-	$160.8M

MTZ FAQ

8 questions

What is MTZ revenue?
MasTec Inc. (MTZ) reported $17.29B of revenue for the twelve months ended Sep 30, 2026. That is up 25.7% from the year before. Revenue for fiscal 2025 was $14.30B.
Is MTZ profitable?
Yes. MasTec Inc. earned $484.24M in net income for the twelve months ended Sep 30, 2026, a net margin of 2.8%.
How much cash and debt does MTZ have?
MasTec Inc. reported $481.82M in cash and cash equivalents and $3.99B of debt on its most recent balance sheet in SEC filings.
How fast is MTZ revenue growing?
MasTec Inc.'s revenue changed +16.2% in fiscal 2025, to $14.30B. Its compound annual growth rate was +17.7% over 5 years and +13.0% over 10 years.
What is MTZ free cash flow?
MasTec Inc. generated $404.63M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $760.51M less capital expenditures.
What is MTZ earnings per share?
Diluted earnings per share were $6.12 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
When did MTZ last report financial results?
The latest statements here come from MasTec Inc.'s 10-Q filed on Oct 29, 2026, covering the period ended Sep 30, 2026.
Where does this MTZ financial data come from?
Quantisnow builds these statements from the structured XBRL data MasTec Inc. files with the SEC. It is provided for information only and is not investment advice.