MasTec financials
$210.23+3.01%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $14.30B | $12.30B | $12.00B | $9.78B | $7.95B | $6.32B | $7.18B | $6.91B | $6.61B | $5.13B |
| Gross profit | $1.79B | $1.63B | $1.38B | $820.5M | $800.4M | $1.05B | $877.5M | $757.2M | $861.7M | $692.6M |
| Gross margin | 12.5% | 13.2% | 11.5% | 8.4% | 10.1% | 16.6% | 12.2% | 11.0% | 13.0% | 13.5% |
| Operating income | $652.6M | $436.4M | $80.1M | $125.1M | $416.3M | $449.4M | $587.8M | $422.2M | $398.5M | $266.2M |
| Net income | $399.0M | $162.8M | -$49.9M | $33.4M | $328.8M | $322.8M | $392.3M | $259.7M | $347.2M | $131.3M |
| Net margin | 2.8% | 1.3% | −0.4% | 0.3% | 4.1% | 5.1% | 5.5% | 3.8% | 5.3% | 2.6% |
| Diluted EPS | $5.07 | $2.06 | $-0.64 | $0.42 | $4.45 | $4.38 | $5.17 | $3.26 | $4.22 | $1.61 |
| EBITDA | $1.08B | $943.0M | $683.3M | $632.3M | $839.1M | $747.1M | $826.6M | $682.8M | $586.6M | $431.1M |
| Operating cash flow | $545.7M | $1.12B | $687.3M | $352.3M | $793.1M | $937.3M | $550.3M | $530.0M | $144.1M | $205.6M |
| Free cash flow | $285.7M | $972.8M | $494.3M | $88.9M | $623.0M | $723.5M | $423.8M | $349.5M | $20.7M | $88.5M |
| Diluted shares | 78.7M | 78.9M | 77.5M | 76.2M | 73.9M | 73.7M | 75.8M | 79.8M | 82.3M | 81.4M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $396.0M | $399.9M | $529.6M | $370.6M | $360.7M | $423.1M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $2.33B | $2.22B | $3.07B | $3.22B | $2.01B | $1.30B |
| Total assets | $9.92B | $8.98B | $9.37B | $9.29B | $7.12B | $5.23B |
| Total liabilities | $6.59B | $5.99B | $6.65B | $6.55B | $4.58B | $3.22B |
| Shareholders' equity | $3.33B | $2.99B | $2.72B | $2.74B | $2.54B | $2.01B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology