MasTec
Engineers, builds and maintains communications, clean-energy, power-delivery and pipeline infrastructure.
Something off on this page? Send us feedback.
Profile
Builds and maintains communications networks, clean-energy and heavy-civil projects, power-delivery systems and pipelines, primarily across North America. Revenue comes from engineering, construction and maintenance work for customers’ infrastructure programs, while acquisitions have expanded capabilities and customer relationships.
Designs, builds, installs and maintains infrastructure primarily across North America. Communications covers wireless, wireline and fiber networks; Clean Energy and Infrastructure spans renewable generation, storage and heavy-civil work; Power Delivery serves electric and gas systems; Pipeline Infrastructure handles natural-gas, water and carbon-related pipelines.
Execution rests on skilled crews, safety practices, engineering, project management and reliable delivery across a large operating footprint. Acquisitions have added capabilities, geography, workers and customer relationships, moving the platform beyond its telecommunications roots.
Results depend on customers’ capital programs, labor availability, weather, permitting and contract continuity. Project performance and successful integration of acquired operations also shape the business.
Company facts
Key statistics
Year to date +5.8% · Average volume (30d) 1.5M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Aug 12, 2026 | Goldman Sachs | Reiterate | Buy | $409 | |
| Aug 4, 2026 | UBS | Reiterate | Buy | $252 | $410 |
| Aug 3, 2026 | Robert W. Baird | Target | $475 | $363 | |
| Aug 3, 2026 | Keybanc | Reiterate | Overweight | $500 | $371 |
| Jul 31, 2026 | Morgan Stanley | Target | $369 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 30, 2026Q2 FY26 | $2.23 | $2.22 | −0.4% | $4.30B | $4.37B | +1.6% | −18.91% |
| Apr 30, 2026Q1 FY26 | $0.99 | $1.39 | +40.5% | $3.47B | $3.83B | +10.2% | +5.93% |
| Feb 26, 2026Q4 FY25 | $1.95 | $2.07 | +6.2% | $3.72B | $3.94B | +6.0% | +2.78% |
| Oct 30, 2025Q3 FY25 | $2.32 | $2.48 | +6.9% | $3.91B | $3.97B | +1.4% | −4.58% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $2.85B | $3.54B | $3.97B | $3.94B | $3.83B | $4.37B | |
| Gross profit | $311.1M | $435.5M | $537.7M | $397.3M | $356.0M | $556.3M | |
| Operating income | $36.1M | $156.3M | $356.7M | $208.2M | $141.8M | $226.2M | |
| Net income | $9.9M | $85.8M | $160.7M | $142.7M | $69.7M | $130.1M | |
| Diluted EPS | $0.13 | $1.09 | $2.04 | $1.81 | $0.77 | $1.65 | |
| Gross margin | 10.9% | 12.3% | 13.6% | 10.1% | 9.3% | 12.7% | |
| Operating margin | 1.3% | 4.4% | 9.0% | 5.3% | 3.7% | 5.2% |
Fiscal years (4-quarter sums)FY21 $7.95B · FY22 $9.78B · FY23 $12.00B · FY24 $12.30B · FY25 $14.30B
Revenue by product · Q2 FY26
Revenue by geography · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $315.6M · Total debt $3.24B · Total assets $10.93B · Shareholders' equity $3.48B
Dividends
No dividends on record.
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 80.30M · Float 61.94M · 77.1% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 7.64M | 9.51% | 13F | Aug 7, 2026 |
| Jose Ramon Mas | 6.19M | 7.70% | 13D | Aug 13, 2026 |
| Jorge Mas · director | 4.56M | 5.67% | Form 4 | Mar 20, 2026 |
| Peconic Partners LLC | 3.68M | 4.58% | 13F | Aug 14, 2026 |
| Jose Ramon Mas · director, officer: CEO | 3.25M | 4.05% | Form 4 | Mar 20, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jun 3, 2026 | Ernst N. Csiszar | director | −6,500 | $371.17 |
| May 4, 2026 | C. Robert Campbell | director | −3,000 | $417.00 |
| Mar 25, 2026 | Javier Alberto Palomarez | director | −950 | $325.43 |
| Mar 3, 2026 | Ernst N. Csiszar | director | −6,500 | $300.40 |
| Nov 3, 2025 | Timothy Michael Love | officer: CAO | −1,929 | $206.15 |
Peers
- Quanta Services
Broad overlap across power, renewables, communications, and pipelines
- Primoris Services
Utility and energy contractor spanning grid, renewables, and pipelines
- Dycom Industries
Specialist rival in telecom networks and adjacent utility construction
- MYR Group
Focused competitor in electric-grid and commercial electrical projects
- EMCOR Group
Electrical and industrial contractor overlapping in power and data centers
- Granite Construction
Civil-infrastructure rival in transport, water, and selected energy work
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| MasTec | $244.44 | +1.48% | $19.35B | 38.4 | 21.8 | 1.2 | +23.4% |
| Quanta Services | $603.00 | +0.10% | $90.61B | 69.0 | 33.5 | 2.8 | +41.1% |
| Primoris Services | $73.53 | +0.53% | $3.97B | 28.8 | 18.5 | 0.5 | −10.7% |
| Dycom Industries | $295.41 | +0.32% | $8.84B | 26.9 | 16.6 | 1.3 | +45.6% |
| MYR Group | $295.84 | +0.52% | $4.58B | 28.0 | 22.9 | 1.1 | +20.2% |
| EMCOR Group | $736.60 | −0.41% | $32.65B | 23.1 | 21.2 | 1.8 | +19.8% |
| Granite Construction | $122.52 | −0.02% | $5.36B | — | 17.5 | 1.1 | +29.3% |
| Median | 28.0 | 19.9 | 1.2 | +24.7% |