Industrials · Engineering & Construction
Price
$396.35
Market Cap
$31.3B
Employees
32,000
Beta
1.79
Avg Volume
1,024,661
CEO
Jose Ramon Mas
Business Description
MasTec, Inc. is a leading infrastructure construction firm that delivers a comprehensive suite of services, encompassing engineering, construction, installation, maintenance, and enhancement. The company primarily serves the communications, energy, utility, and broader infrastructure sectors throughout the United States and Canada. Its operations are structured across distinct segments: Communications, Clean Energy and Infrastructure, Oil and Gas, Power Delivery, and Other. MasTec's construction activities involve building intricate underground and overhead distribution systems, essential for wireless and fiber-optic communication networks, as well as electrical grids. The company also develops clean energy infrastructure, including renewable energy facilities; pipelines for natural gas and other products, alongside extensive electrical and gas transmission and distribution systems. Furthermore, it specializes in heavy industrial plants, compressor and pumping stations, water and wastewater treatment facilities, and critical water and sewer pipelines, among other civil engineering projects. Additionally, the company manages the installation of power generation assets, buried and aerial fiber optic cabling, and smart home automation and energy management solutions. Beyond initial construction, MasTec offers comprehensive maintenance and upgrade solutions. These services range from routine upkeep of client networks and facilities (such as communications, power generation, pipeline, and electrical grids) to emergency restoration following natural disasters or accidents, and planned overhauls or system replacements. Its diverse clientele encompasses public and private energy providers, pipeline operators, various wireless and wireline/fiber service providers, broadband companies, install-to-the-home specialists, and governmental entities. Established in 1929, MasTec, Inc. maintains its headquarters in Coral Gables, Florida.
Business History
Price Overview
Last updated: Jun 27, 2026 9:02am (just now)$396.35
-7.22 (-1.79%)
Day Range
$385.01 – $407.25
52-Week Range
$160.08 – $441.43
50-Day MA
$386.34
200-Day MA
$277.92
Volume
4,679.00
Analyst Price Targets
Low
$260.00
Consensus
$416.73
High
$518.00
(58 analysts)
Share Structure
Outstanding
79,018,556.00
Float
60,660,162.00
Free Float
76.8%
Normal free float
— 76.8% of shares trade freely, ~23.2% held by insiders/institutions
Healthy float typical of established companies. Good liquidity for entering and exiting positions without major price impact.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
APIStock Price / EPS (Diluted)
67.34
Stock Price: $396.35
EPS (Diluted): 5.12
EPS (Diluted): 5.12
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
5.19
Stock Price: $396.35
Total Equity: $3.26B
Shares: 78,694,000
Total Equity: $3.26B
Shares: 78,694,000
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
29.96
Market Cap: $31.32B
Total Debt: $2.12B
Cash: $396.03M
EBITDA: $1.12B
Total Debt: $2.12B
Cash: $396.03M
EBITDA: $1.12B
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$19.3B
Market Cap: $31.32B
Total Debt: $2.12B
Cash: $396.03M
Total Debt: $2.12B
Cash: $396.03M
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
9.6%
Gross Profit: $1.37B
Revenue: $14.30B
Revenue: $14.30B
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
4.6%
Operating Income: $652.64M
Revenue: $14.30B
Revenue: $14.30B
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
2.8%
Net Income: $399.04M
Revenue: $14.30B
Revenue: $14.30B
ROE (Profit from shareholder equity)
APINet Income / Total Equity
14.5%
Net Income: $399.04M
Total Equity: $3.26B
Total Equity: $3.26B
ROIC (Profit from all invested capital)
APINOPAT / Invested Capital
10.3%
Operating Income: $652.64M
Tax Rate: 18.1%
Equity: $3.26B
Total Debt: $2.12B
Cash: $396.03M
Tax Rate: 18.1%
Equity: $3.26B
Total Debt: $2.12B
Cash: $396.03M
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
1.32
Current Assets: $4.33B
Current Liabilities: $3.27B
Current Liabilities: $3.27B
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.65
Short-Term Debt: $154.31M
Long-Term Debt: $1.96B
Total Debt: $2.12B
Total Equity: $3.26B
Long-Term Debt: $1.96B
Total Debt: $2.12B
Total Equity: $3.26B
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$181.71
Revenue: $14.30B
Shares: 78,694,000
Shares: 78,694,000
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$41.42
Total Equity: $3.26B
Shares: 78,694,000
Shares: 78,694,000
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$3.63
Operating CF: $545.71M
CapEx: -$259.99M
Shares: 78,694,000
CapEx: -$259.99M
Shares: 78,694,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $396.35
Stock Price: $396.35
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $399.04M
Net Income: $399.04M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares MTZ against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 21, 2026 6:37pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $8.0B | $9.8B | $12.0B | $12.3B | $14.3B |
| Cost of Revenue | $6.8B | $8.6B | $11.2B | $10.7B | $12.9B |
| Gross Profit | $1.1B | $1.2B | $786.8M | $1.6B | $1.4B |
| Operating Expenses | $729.8M | $1.1B | $634.8M | $1.2B | $713.0M |
| Operating Income | $416.3M | $125.1M | $152.0M | $436.4M | $652.6M |
| Net Income | $328.8M | $33.4M | -$49.9M | $162.8M | $399.0M |
| EBITDA | $906.3M | $662.5M | $754.9M | $950.8M | $1.1B |
| EPS | $4.54 | $0.45 | $-0.64 | $2.09 | $5.12 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 21, 2026 6:37pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $360.7M | $370.6M | $529.6M | $399.9M | $396.0M |
| Total Current Assets | $2.9B | $3.9B | $4.0B | $3.7B | $4.3B |
| Total Assets | $7.1B | $9.3B | $9.4B | $9.0B | $10.1B |
| Current Liabilities | $1.8B | $2.5B | $2.8B | $3.0B | $3.3B |
| Long-Term Debt | $1.9B | $3.1B | $2.9B | $2.0B | $2.0B |
| Total Liabilities | $4.6B | $6.6B | $6.7B | $6.0B | $6.8B |
| Total Equity | $2.5B | $2.7B | $2.7B | $2.9B | $3.3B |
| Retained Earnings | $2.2B | $2.2B | $2.1B | $2.3B | $2.7B |
Cash Flow (Annual)
Last updated: Jun 21, 2026 6:37pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $793.1M | $352.3M | $687.3M | $1.1B | $545.7M |
| Capital Expenditure | -$170.1M | -$263.4M | -$192.9M | -$148.9M | -$260.0M |
| Free Cash Flow | $623.0M | $88.9M | $494.3M | $972.8M | $285.7M |
| Acquisitions (net) | -$1.2B | -$635.8M | -$69.4M | -$79.9M | -$39.3M |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | -$81.3M | $0 | $0 | -$77.3M |
| Net Change in Cash | -$62.4M | $9.9M | $159.0M | -$129.7M | -$3.9M |
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 9:02am (just now)| Metric | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|
| Revenue |
$19.9B $18.7B – $21.0B
|
$22.4B $22.3B – $22.4B
|
$25.2B $24.0B – $26.2B
|
$27.4B $26.2B – $28.6B
|
| EBITDA |
$1.6B $1.5B – $1.7B
|
$1.8B $1.8B – $1.8B
|
$2.0B $1.9B – $2.1B
|
$2.2B $2.1B – $2.3B
|
| Net Income |
$797.6M $746.3M – $1.1B
|
$1.1B $1.0B – $1.3B
|
$1.5B $1.4B – $1.5B
|
$1.6B $1.5B – $1.7B
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 21, 2026 6:37pm (5d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +23.0% | +22.7% | +2.6% | +16.2% |
| Gross Profit Growth | +4.0% | -34.0% | +106.8% | -16.1% |
| Operating Income Growth | -69.9% | +21.5% | +187.1% | +49.6% |
| Net Income Growth | -89.9% | -249.8% | +425.9% | +145.1% |
| EBITDA Growth | -26.9% | +13.9% | +26.0% | +17.3% |
Insider Trading (Recent)
Type codes
PPurchase
SSale
AAward / grant
MOption exercise
FIn-kind (tax)
CConversion
GGift
DReturn to issuer
All SEC Form 4 codes
Open market
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
Compensation (Rule 16b-3)
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
Other exempt
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
Other
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-06-03 | Csiszar Ernst N | S-Sale | 6,500.00 | $371.17 | $2.4M |
| 2026-05-15 | Csiszar Ernst N | A-Award | 104.00 | $0.00 | $0 |
| 2026-05-15 | Csiszar Ernst N | F-InKind | 23.00 | $434.77 | $10,000 |
| 2026-05-15 | Dwyer Robert J | A-Award | 95.00 | $0.00 | $0 |
| 2026-05-15 | Dwyer Robert J | F-InKind | 21.00 | $434.77 | $9,130 |
| 2026-05-15 | Parker Ava L | A-Award | 121.00 | $0.00 | $0 |
| 2026-05-15 | Parker Ava L | F-InKind | 14.00 | $434.77 | $6,087 |
| 2026-05-15 | Campbell C Robert | A-Award | 95.00 | $0.00 | $0 |
| 2026-05-15 | Palomarez Javier Alberto | A-Award | 95.00 | $0.00 | $0 |
| 2026-05-15 | Palomarez Javier Alberto | F-InKind | 21.00 | $434.77 | $9,130 |
| 2026-05-15 | JOHNSON JULIA L | A-Award | 95.00 | $0.00 | $0 |
| 2026-05-04 | Campbell C Robert | S-Sale | 3,000.00 | $417.00 | $1.3M |
| 2026-03-17 | Love Timothy Michael | A-Award | 492.00 | $0.00 | $0 |
| 2026-03-25 | Palomarez Javier Alberto | S-Sale | 950.00 | $325.43 | $309,159 |
| 2026-03-18 | DiMarco Paul | A-Award | 9,074.00 | $0.00 | $0 |
| 2026-03-18 | Apple Robert E | A-Award | 11,548.00 | $0.00 | $0 |
| 2026-03-18 | de Cardenas Alberto | A-Award | 6,269.00 | $0.00 | $0 |
| 2026-03-18 | MAS JORGE | A-Award | 15,838.00 | $0.00 | $0 |
| 2026-03-18 | MAS JOSE RAMON | A-Award | 26,397.00 | $0.00 | $0 |
| 2026-03-10 | MAS JORGE | F-InKind | 15,958.00 | $297.81 | $4.8M |
Dividend History (Last 20)
Last updated: Jun 21, 2026 6:38pm (5d ago)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 1982-08-04 | $0.20 | |||
| 1981-08-03 | $0.20 | |||
| 1980-08-04 | $0.18 | |||
| 1979-07-30 | $0.16 | |||
| 1978-06-27 | $0.14 | |||
| 1977-07-26 | $0.12 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30