MasTec, Inc.
Description
MasTec, Inc., an infrastructure construction company, provides engineering, building, installation, maintenance, and upgrade services for communications, energy, utility, and other infrastructure primarily in the United States and Canada. It operates through five segments: Communications, Clean Energy and Infrastructure, Oil and Gas, Power Delivery, and Other. The company build infrastructure for wireless and wireline/fiber communications; clean energy infrastructure comprising renewable energy power generation; pipeline infrastructure, including natural gas, water, carbon capture sequestration, and other product transport; power delivery services, such as electrical and gas transmission, and distribution systems; industrial and heavy civil infrastructure, including roads, bridges, and rail; and water infrastructure. It also installs electrical and other gas distribution and transmission systems, power generation, power generation, civil and industrial facilities, pipelines, and fiber optic and other cables, as well as install-to-the-home services. In addition, the company offers maintenance and upgrade support services comprising maintenance of customers' distribution facilities, networks, and infrastructure, including communications, power generation, pipeline, electrical distribution and transmission, and civil and industrial and heavy civil infrastructure; service restoration for natural disasters and accidents; and routine replacements and upgrades to overhauls. Its customers include wireless and wireline/fiber service providers, broadband operators, install-to-the-home service providers, public and private energy providers, including renewable and other energy providers, pipeline operators, civil and industrial infrastructure providers, and government entities. MasTec, Inc. was founded in 1929 and is headquartered in Coral Gables, Florida.
About
CEO
Mr. Jose Ramon Mas
Employees
34,000
Instrument type
Common Stock
Sector
Industrials
Industry
Engineering & Construction
MIC code
XNYS
Address
800 S. Douglas Road, Coral Gables, FL 33134, United States
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Oscillators
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Summary
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Moving Averages
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Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Oct 30, 2025 | — | — | — | — |
| Jul 30, 2025 | — | — | — | — |
| Apr 30, 2025 | — | — | — | — |
| Feb 27, 2025 | 1.28 | — | — | — |
| Nov 1, 2024 | 1.23 | 1.63 | 0.40 | 32.52% |
Earnings estimate
|
Next Quarter
(Mar 2025)
|
Next Year
(Dec 2025)
|
|||
|---|---|---|---|---|
| Number of analysts | — | 8 | — | 13 |
| Average estimate | — | 0.40 | — | 5.13 |
| Low estimate | — | 0.00 | — | 3.85 |
| High estimate | — | 0.73 | — | 6.15 |
| Last year EPS | — | -0.13 | — | 3.72 |
[stock_revenue_estimate]
Growth estimates
Current qtr
85.600%
Next qtr. (Mar 2025)
406.520%
Current year
88.980%
Next year (Dec 2025)
37.710%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 12.00B | 9.78B | 7.95B | 6.32B | 7.18B |
| Cost of revenue | 10.61B | 8.59B | 6.81B | 5.27B | 6.07B |
| Gross profit | 1.38B | 1.19B | 1.15B | 1.05B | 1.11B |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | 698.90M | 559.44M | 306.97M | 302.98M | 286.36M |
| Other operating expenses | — | — | — | — | — |
| Operating income | 80.11M | 125.12M | 416.25M | 449.36M | 591.10M |
| Non operating interest income | |||||
| Income | — | — | — | — | — |
| Expense | 234.41M | 112.26M | 53.41M | 59.63M | 77.03M |
| Other income expense | 71.59M | 30.19M | 67.24M | 35.43M | -3.14M |
| Pretax income | -82.70M | 43.06M | 430.08M | 425.16M | 510.94M |
| Tax provision | -35.41M | 9.17M | 99.35M | 102.47M | 116.84M |
| Net income | -47.30M | 33.89M | 330.73M | 322.70M | 394.10M |
| Basic EPS | -0.64 | 0.45 | 4.54 | 4.43 | 5.22 |
| Diluted EPS | -0.64 | 0.42 | 4.45 | 4.38 | 5.17 |
| Basic average shares | 77.54M | 74.92M | 72.50M | 72.80M | 75.19M |
| Diluted average shares | 77.54M | 74.92M | 72.50M | 72.80M | 75.19M |
| EBITDA | 754.86M | 662.46M | 906.31M | 788.11M | 826.77M |
| Net income from continuing op. | -47.30M | 33.89M | 330.73M | 322.70M | 394.10M |
| Minority interests | -2.65M | -534,000 | -1.90M | 149,000 | -1.76M |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 9.37B | 9.29B | 7.12B | 5.23B | 5.00B |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 529.56M | 370.59M | 360.74M | 423.12M | 71.43M |
| Other short term investments | — | — | — | — | — |
| Accounts receivable | 1.37B | 1.40B | 1.02B | 784.50M | 850.30M |
| Other receivables | 1.76B | 1.73B | 1.23B | 969.74M | 1.02B |
| Inventory | 108.15M | 117.97M | 92.60M | 89.65M | 100.07M |
| Prepaid assets | 105.88M | 122.31M | 91.49M | 60.63M | 52.00M |
| Restricted cash | — | — | — | — | — |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | 104.19M | 118.67M | 81.91M | 31.38M | 75.20M |
| Non current assets | |||||
| Properties | 418.69M | 279.53M | 260.41M | 176.57M | 229.90M |
| Land and improvements | 68.50M | 73.50M | 40.00M | 6.00M | 4.90M |
| Machinery furniture equipment | 3.34B | 3.08B | 2.67B | 2.10B | 1.86B |
| Construction in progress | 56.00M | 67.40M | 32.70M | 26.10M | 26.10M |
| Leases | — | — | — | — | — |
| Accumulated depreciation | -1.91B | -1.56B | -1.40B | -1.19B | -1.02B |
| Goodwill | 5.04B | 5.04B | 3.71B | 2.67B | 2.65B |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | 784.30M | 946.30M | 670.30M | 184.00M | 211.50M |
| Investments and advances | — | — | — | — | — |
| Other non current assets | 418.49M | 409.16M | 360.09M | 282.86M | 254.74M |
| Total liabilities | 6.65B | 6.55B | 4.58B | 3.22B | 3.21B |
| Current liabilities | |||||
| Accounts payable | 1.24B | 1.11B | 663.06M | 571.27M | 535.03M |
| Accrued expenses | 614.02M | 547.86M | 433.08M | 322.96M | 203.14M |
| Short term debt | 315.01M | 268.43M | 233.34M | 217.59M | 199.99M |
| Deferred revenue | 480.97M | 406.23M | 313.97M | 228.39M | 206.18M |
| Tax payable | — | — | — | — | — |
| Pensions | — | — | — | — | — |
| Other current liabilities | 184.62M | 163.65M | 141.16M | 74.99M | 74.78M |
| Non current liabilities | |||||
| Long term debt | 3.18B | 3.25B | 2.05B | 1.27B | 1.47B |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | 390.40M | 571.40M | 450.36M | 302.94M | 296.33M |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | 243.70M | 238.39M | 289.96M | 230.05M | 221.28M |
| Shareholders equity | |||||
| Common stock | 9.91M | 9.86M | 9.54M | 9.31M | 9.19M |
| Retained earnings | 2.15B | 2.20B | 2.16B | 1.83B | 1.51B |
| Other shareholders equity | -53.00M | -50.96M | -78.78M | -91.44M | -75.71M |
| Total shareholders equity | 2.72B | 2.74B | 2.54B | 2.01B | 1.79B |
| Additional paid in capital | 1.26B | 1.25B | 1.03B | 837.45M | 809.75M |
| Treasury stock | 659.91M | 663.91M | 586.96M | 586.96M | 466.73M |
| Minority interest | 15.11M | 3.86M | 4.05M | 3.60M | 4.47M |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1993 | 1992 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||||||||||
| Net Income | -47.30M | 33.89M | 330.73M | 322.70M | 394.10M | 259.23M | 348.88M | 134.04M | -79.70M | 115.55M | 141.22M | 107.42M | 105.97M | 90.39M | 70.75M | 65.79M | -7.33M | -50.35M | -14.62M | -49.44M | -52.30M | -119.83M | -93.73M | 65.15M | 44.70M | -13.90M | 34.80M | 30.00M | 4.00M | 7.50M | 4.20M | -9.30M | -1.00M |
| Depreciation | 603.16M | 507.15M | 422.83M | 297.75M | 235.48M | 212.93M | 188.05M | 164.92M | 169.66M | 154.45M | 140.93M | 91.96M | 75.23M | 57.97M | 49.54M | 28.47M | 18.09M | 15.44M | 18.19M | 18.13M | 29.42M | 34.64M | 62.52M | 63.46M | 56.10M | 43.30M | 23.90M | 12.00M | 8.20M | 5.50M | 600,000 | 6.20M | 6.90M |
| Deferred Taxes | -140.86M | 9.55M | 51.93M | 7.18M | 22.16M | 56.21M | 18.28M | -3.94M | 3.93M | 13.76M | 6.53M | 5.13M | 40.28M | — | — | — | — | — | — | — | -8.66M | -51.84M | -99,000 | 727,000 | 11.60M | 7.00M | -4.30M | 2.60M | -8.30M | 900,000 | — | — | — |
| Stock-Based Compensation | 33.34M | 27.45M | 24.81M | 21.88M | 16.45M | 13.53M | 15.66M | 15.07M | 12.40M | 15.95M | 12.94M | 4.43M | 3.57M | 3.87M | 3.07M | 3.82M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Non-Cash Items | 14.71M | 8.92M | -9.15M | 24.76M | 451,000 | 11.49M | 10.32M | 7.69M | 4.11M | 13.31M | 18.73M | 17.90M | -21.49M | 3.25M | 10.14M | 4.29M | 24.24M | 66.95M | 24.07M | 644,000 | — | — | — | — | 100,000 | -100,000 | 200,000 | -100,000 | — | -800,000 | 1.60M | -100,000 | — |
| Accounts Receivable | -9.18M | -298.05M | 198.45M | 150.68M | 113.06M | -335.20M | -417.49M | -246.42M | 362.28M | 163.77M | -204.33M | -177.31M | -180.84M | -127.72M | 85.04M | -13.80M | 891,000 | 4.17M | -20.93M | -714,000 | -30.15M | 29.57M | -62.03M | -109.47M | 5.70M | -34.90M | -40.00M | -12.00M | -24.80M | -8.20M | 2.60M | 4.30M | 4.70M |
| Accounts Payable | — | — | — | — | — | — | — | — | — | — | — | 76.29M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Assets & Liabilities | 119.62M | -60.19M | -52.57M | 64.19M | 34.68M | 52.28M | -36.22M | 65.66M | -21.23M | -56.12M | 17.68M | 35.75M | -83.43M | 119.25M | -68.61M | -21.36M | 53.42M | 25.78M | -46.86M | 4.72M | -3.50M | -13.75M | -45.99M | -53.22M | 6.80M | -26.20M | -5.20M | -16.10M | -2.40M | -1.40M | 400,000 | -1.10M | -4.80M |
| Operating Cash Flow | 573.49M | 228.71M | 967.02M | 889.13M | 816.38M | 270.47M | 127.48M | 137.02M | 451.44M | 420.67M | 133.70M | 161.55M | -60.71M | 147.01M | 149.92M | 67.20M | 89.30M | 61.99M | -40.14M | -26.66M | -65.19M | -121.22M | -139.32M | -33.36M | 125.00M | -24.80M | 9.40M | 16.40M | -23.30M | 3.50M | 9.40M | — | 5.80M |
| Investing Activities | |||||||||||||||||||||||||||||||||
| Capital Expenditures | 84.11M | 81.47M | 65.29M | 37.08M | 35.02M | 39.36M | 19.96M | 11.24M | 13.93M | 16.66M | 15.86M | 7.39M | 6.23M | — | 4.17M | 2.46M | -28.91M | -16.11M | 2.62M | -995,000 | 10.34M | -5.03M | -41.58M | 1.43M | -60.40M | -146.60M | -37.50M | -5.20M | 5.30M | -3.60M | -2.00M | -3.20M | -4.10M |
| Net Intangibles | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | -69.39M | -635.76M | -1.24B | -24.97M | -179.48M | -6.68M | -116.00M | -4.10M | -148,000 | -345.54M | -151.56M | -21.73M | -40.68M | -86.75M | -157.62M | -123.83M | -35.43M | -19.29M | — | — | -1.86M | -17.27M | -30.31M | -55.30M | — | — | — | — | — | — | — | — | — |
| Purchase of Investments | -1.90M | -3.98M | -10.00M | -17.46M | -5.59M | -39.47M | -77.11M | -32.17M | -127.48M | -4.09M | -16.17M | -284,000 | -284,000 | -1.23M | -717,000 | -17.54M | -568.16M | -479.47M | -4.93M | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Sale of Investments | 425,000 | 400,000 | 557,000 | 648,000 | 14.71M | 5.42M | 23.80M | 1.13M | 69.41M | 2.97M | 14.96M | — | 4.60M | 7.04M | — | 31.94M | 570.05M | 419.80M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing Cash Flow | 14.88M | -557.83M | -1.19B | -2.86M | -135.35M | -1.38M | -422.08M | -23.91M | -44.29M | -330.01M | -136.92M | -7.25M | -23.91M | -73.90M | -149.99M | -106.97M | -62.46M | -94.73M | -7.25M | -3.87M | 6.40M | -24.14M | -83.34M | -57.68M | -70.30M | -178.60M | -37.40M | -2.60M | -24.50M | -2.20M | -1.20M | -3.30M | -4.10M |
| Financing Activities | |||||||||||||||||||||||||||||||||
| Long-Term Debt Issuance | — | — | — | 600.00M | — | — | 2.70B | — | — | -202.33M | 400.00M | — | — | 13.54M | 215.00M | 31.49M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Long-Term Debt Payments | -4.68B | -3.42B | -971.00M | -2.27B | -3.21B | -3.45B | -2.53B | -1.70B | -1.81B | -2.01B | -1.47B | -927.70M | -340.83M | -41.63M | -161.38M | -168.95M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Financing Charges | -41.30M | -76.11M | -24.41M | -22.67M | -54.58M | -16.49M | -35.71M | -19.31M | -48.34M | -58.07M | -19.70M | -28.28M | -31.00M | -169,000 | — | -2.06M | -4.12M | -116,000 | -3.15M | — | — | — | — | — | — | -5.00M | -600,000 | — | -2.50M | — | -8.60M | — | — |
| Financing Cash Flow | -4.85B | -2.76B | -304.14M | -2.12B | -3.38B | -3.72B | 375.16M | -1.66B | -2.00B | -1.82B | -1.19B | -956.98M | -386.82M | -28.26M | 8.45M | -99.10M | 9.78M | 161.00M | -529,000 | 1.84M | 1.08M | 310,000 | 1.15M | 133.70M | 6.60M | -14.90M | 900,000 | 800,000 | -3.20M | — | -8.60M | — | — |
| Other Cash Details | |||||||||||||||||||||||||||||||||
| End Cash Position | 529.56M | 370.59M | 360.74M | 423.12M | 71.43M | 27.42M | 40.33M | 38.77M | 4.98M | 24.06M | 22.93M | 26.77M | 20.28M | 177.60M | 88.52M | 47.26M | 74.29M | 35.28M | 2.02M | 19.55M | 19.42M | 8.73M | 48.48M | 18.46M | 27.70M | 19.90M | 6.10M | — | — | — | — | — | — |
| Income Tax Paid | 9.61M | 8.60M | 69.11M | 64.65M | 106.25M | — | 78.65M | 59.34M | 2.54M | 76.98M | 79.50M | 58.97M | 27.80M | 5.69M | 2.15M | 665,000 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Interest Paid | 237.65M | 106.48M | 61.82M | 65.02M | 84.97M | 81.23M | 59.16M | 47.70M | 47.41M | 42.98M | 37.53M | 27.07M | 27.61M | 27.39M | 22.99M | 13.90M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Free Cash Flow | 494.34M | 88.95M | 623.01M | 723.51M | 423.81M | 349.54M | 20.68M | 88.48M | 283.00M | 213.76M | 74.11M | 92.82M | -50.98M | 187.65M | 102.28M | 23.17M | 36.56M | 24.11M | -24.86M | -3.79M | -8.64M | 33.80M | 10.90M | -64.51M | 31.90M | -166.10M | -51.90M | 22.80M | -11.10M | -700,000 | 6.40M | -1.40M | 600,000 |
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