Growth & profitability
- Revenue has grown 17.7% per year over the past 5 years.
- Net income has grown slower than revenue (4.3% vs 17.7% per year).
- Free cash flow has declined 17.0% per year over the past 5 years.
MTZ Financials MasTec
15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
ROEROA
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $14.3B | $399M | 0.0% | 0.0% | 12.2% | 4.0% | $286M | — | $396M |
| 2024 | $12.3B | $163M | 0.0% | 0.0% | 5.6% | 1.8% | $973M | — | $400M |
| 2023 | $12.0B | -$50M | 0.0% | 0.0% | -1.8% | -0.5% | $494M | — | $530M |
| 2022 | $9.8B | $33M | 0.0% | 0.0% | 1.2% | 0.4% | $89M | — | $371M |
| 2021 | $8.0B | $329M | 0.0% | 0.0% | 12.9% | 4.6% | $623M | — | $361M |
| 2020 | $6.3B | $323M | 0.0% | 0.0% | 16.1% | 6.2% | $724M | — | $423M |
| 2019 | $7.2B | $392M | 0.0% | 0.0% | 22.0% | 7.9% | $424M | — | $71M |
| 2018 | $6.9B | $260M | 0.0% | 0.0% | 18.7% | 5.8% | $350M | — | $27M |
| 2017 | $6.6B | $347M | 0.0% | 0.0% | 24.3% | 8.5% | $21M | — | $40M |
| 2016 | $5.1B | $131M | 0.0% | 0.0% | 12.0% | 4.1% | $88M | — | $39M |
| 2015 | $4.2B | -$79M | 0.0% | 0.0% | -8.4% | -2.7% | $283M | — | $5M |
| 2014 | $4.6B | $116M | 0.0% | 0.0% | 10.1% | 3.3% | $214M | — | $24M |
| 2013 | $4.3B | $141M | 0.0% | 0.0% | 13.9% | 4.8% | $74M | — | $23M |
| 2012 | $3.7B | $107M | 0.0% | 0.0% | 12.5% | 4.4% | $93M | — | $27M |
| 2011 | $2.8B | $106M | 0.0% | 0.0% | 13.1% | 5.1% | -$51M | $495M | $20M |
RevenueNet income
GrossOperatingNet
ROEROA
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jun '26 | $4.4B | $130M | 0.0% | 5.2% | 3.7% | 1.2% | -$70M | — | $316M |
| Mar '26 | $3.8B | $61M | 0.0% | 3.7% | 1.8% | 0.6% | $2M | — | $274M |
| Dec '25 | $3.9B | $143M | 0.0% | 0.0% | 4.4% | 1.4% | $293M | — | $396M |
| Sep '25 | $4.0B | $161M | 0.0% | 0.0% | 5.2% | 1.7% | $20M | — | $231M |
| Jun '25 | $3.5B | $86M | 0.0% | 4.5% | 2.9% | 0.9% | -$58M | — | $191M |
| Mar '25 | $2.8B | $10M | 0.0% | 1.3% | 0.3% | 0.1% | $31M | — | $346M |
| Dec '24 | $3.4B | $75M | 0.0% | 0.0% | 2.6% | 0.8% | $423M | — | $400M |
| Sep '24 | $3.3B | $95M | 0.0% | 0.0% | 3.4% | 1.1% | $234M | — | $181M |
| Jun '24 | $3.0B | $34M | 0.0% | 0.0% | 1.3% | 0.4% | $233M | — | $298M |
| Mar '24 | $2.7B | -$41M | 0.0% | 0.0% | -1.5% | -0.5% | $82M | — | $249M |
| Dec '23 | $3.3B | $753000 | 0.0% | 0.0% | 0.0% | 0.0% | $455M | — | $530M |
| Sep '23 | $3.3B | $14M | 0.0% | 0.0% | 0.5% | 0.2% | $256M | — | $214M |
| Jun '23 | $2.9B | $16M | 0.0% | 0.0% | 0.6% | 0.2% | -$67M | — | $120M |
| Mar '23 | $2.6B | -$81M | 0.0% | 0.0% | -3.0% | -0.9% | -$150M | — | $142M |
| Dec '22 | $3.0B | $3M | 0.0% | 0.0% | 0.1% | 0.0% | $184M | — | $371M |
| Sep '22 | $2.5B | $49M | 0.0% | 0.0% | 1.9% | 0.7% | $94M | — | $96M |
| Jun '22 | $2.3B | $16M | 0.0% | 0.0% | 0.7% | 0.2% | -$237M | — | $139M |
| Mar '22 | $2.0B | -$35M | 0.0% | 0.0% | -1.4% | -0.5% | $48M | — | $233M |
| Dec '21 | $1.8B | $77M | 0.0% | 0.0% | 3.0% | 1.1% | $256M | — | $361M |
| Sep '21 | $2.4B | $111M | 0.0% | 0.0% | 4.9% | 1.8% | $114M | — | $240M |
Valuation over time
How the market has priced MTZ against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-earnings ratio has fallen from 227.3× (Mar '23) to 46.8× (Sep '26).
- The price-to-sales ratio has risen from 0.8× (Mar '23) to 1.3× (Sep '26).
P/E
P/S
Frequently asked questions
Is MTZ growing its revenue and profit?
Over the past 5 years, MasTec's revenue has grown 17.7% per year, and net income grown 4.3% per year. These are computed facts, not advice.
How much debt does MTZ have?
As of FY2025, MasTec reported — of total debt against $396M of cash.
What is MTZ's profit margin?
In FY2025, gross margin was —, operating margin —, and net margin 2.8%.
What is MTZ's P/E ratio?
As of Sep '26, MasTec traded at a price-to-earnings ratio of about 46.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.