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NYSE · Industrials

MASTEC INC (MTZ)

As-reported financials and SEC filings for MASTEC INC. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About MASTEC INC

MasTec Inc is a North American infrastructure engineering and construction company that provides services in communications, energy, utility, pipeline, heavy civil, and environmental infrastructure. The company serves customers primarily in wireless and wireline/fiber communications, clean energy and renewable power generation, power delivery systems, pipeline infrastructure, and heavy civil projects such as roads and bridges. MasTec operates through five segments and offers multi-year master service agreements as well as project-specific contracts to clients in energy, utilities, government, and industrial sectors.

Snapshot

Revenue
$14.30B
Revenue growth (YoY)
16.2%
Net income
$399.0M
Diluted EPS
$5.07
Gross margin
Operating margin
Net margin
2.8%
FCF margin
2.0%
ROE
12.0%
net income / fiscal-year-end equity
P/E
38.3×
trailing when available, otherwise FY EPS
Market cap
$19.26B
Long-term debt / equity
0.65×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Mastec

  • Revenue grew 16.2% to $14.3B in FY2025, faster than the 2.6% the year before.
  • Most recent quarter Q2 FY2026: revenue $4.4B, up 23.4% from Q2 FY2025.
  • Free cash flow was $286M in FY2025, 2.0% of revenue.
  • Net income rose 145.1% to $399M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Mastec’s fundamentals sit among the 684 Industrials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Net margin2.8%
46th percentile of 645
FCF margin2.0%
37th percentile of 562
Revenue growth (YoY)+16.2%
78th percentile of 668
ROE12.0%
66th percentile of 600
P/E38.3×
77th percentile of 435
Long-term debt / equity0.65×
63rd percentile of 409
Short interest3.23d
50th percentile of 676

No reported insider purchases (code P) in the last 90 days; 1 insider sale totaling $2.4M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 6 of the superinvestors we track (plus 5 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
6
+5 quant / multi-strat
Initiated / added
3
0 new, 3 added
Reduced / exited
9
8 trimmed, 1 exited
Combined position
$1.45B
reported long value
InvestorAs ofPosition valueSharesChange
Lone Pine CapitalQ2 2026$559.7M1.3MReduced
AQR Capital ManagementquantQ2 2026$273.6M657.6KReduced
Coatue ManagementQ2 2026$215.2M517.3KReduced
Third PointQ2 2026$120.7M290.0KReduced
D. E. ShawquantQ2 2026$75.0M180.2KAdded
Point72 Asset ManagementquantQ2 2026$65.0M156.3KReduced
Gotham Asset ManagementQ2 2026$63.1M151.6KReduced
Two Sigma InvestmentsquantQ2 2026$52.0M125.1KAdded
Millennium ManagementquantQ2 2026$18.3M43.9KReduced
Soros Fund ManagementQ2 2026$3.4M8.3KAdded
Bridgewater AssociatesQ2 2026$2.9M7.0KReduced

No longer held by: Citadel Advisors (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
1
$2.4M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-06-03
filed 2026-06-05
Csiszar Ernst NDirectorSell6.5K$371.17$2.4M
2026-05-04
filed 2026-05-06
Campbell C RobertDirectorSell3.0K$417.00$1.3M

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
5.3M
settled 2026-08-14
Change vs prior
+18.7%
vs previous settlement
Days to cover
3.23
at avg daily volume
Avg daily volume
1.6M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-145.3M+18.7%3.23
2026-07-314.4M+4.5%2.67
2026-07-154.2M-3.8%4.25
2026-06-304.4M+19.6%3.20
2026-06-153.7M+10.5%3.53
2026-05-293.3M+3.0%2.36
2026-05-153.2M+4.1%2.89
2026-04-303.1M+3.1%3.66

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$14.30B$12.30B$12.00B$9.78B$7.95B
Gross profit
Operating income
Net income$399.0M$162.8M$-49.9M$33.4M$328.8M
Diluted EPS$5.07$2.06$-0.64$0.42$4.45

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$545.7M$1.12B$687.3M$352.3M$793.1M
Capital expenditure$260.0M$148.9M$192.9M$263.4M$170.1M
Free cash flow$285.7M$972.8M$494.3M$88.9M$623.0M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$4.37B23.4%$130.1M$1.65
Q1 FY2026$3.83B34.5%$60.8M$0.77
Q4 FY2025$3.94B15.8%$142.7M$1.81
Q3 FY2025$3.97B22.0%$160.7M$2.04
Q2 FY2025$3.54B19.7%$85.8M$1.09
Q1 FY2025$2.85B6.0%$9.9M$0.13
Q4 FY2024$3.40B3.8%$74.7M$0.94
Q3 FY2024$3.25B-0.1%$95.2M$1.21

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorIndustrials
SIC industryWater, Sewer, Pipeline, Comm & Power Line Construction
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2012
SEC CIK15615

Selected SEC filings

10-K2026-02-26
View on EDGAR →
10-K2025-02-28
View on EDGAR →
10-Q2026-07-30
View on EDGAR →
10-Q2026-04-30
View on EDGAR →
10-Q2025-10-30
View on EDGAR →
10-Q2025-07-31
View on EDGAR →
8-K2026-08-17
View on EDGAR →
8-K2026-08-10
View on EDGAR →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.