MasTec Future Growth
Future criteria checks 3/6
MasTec is forecast to grow earnings and revenue by 36.8% and 7.3% per annum respectively. EPS is expected to grow by 36.8% per annum. Return on equity is forecast to be 13% in 3 years.
Key information
36.8%
Earnings growth rate
36.8%
EPS growth rate
| Construction earnings growth | 28.4% |
| Revenue growth rate | 7.3% |
| Future return on equity | 13.0% |
| Analyst coverage | Good |
| Last updated | 29 Jan 2025 |
Recent future growth updates
Recent updates
At US$147, Is MasTec, Inc. (NYSE:MTZ) Worth Looking At Closely?
Jan 31
MasTec: Solid Growth And Cash Flows With Upside Potential
Jan 20What MasTec, Inc.'s (NYSE:MTZ) P/S Is Not Telling You
Jan 13MasTec: Scale And Growth At A Discounted Valuation
Jan 09Calculating The Intrinsic Value Of MasTec, Inc. (NYSE:MTZ)
Dec 08Is MasTec (NYSE:MTZ) A Risky Investment?
Nov 20MasTec: Margin Growth And Promising Long Term Suggest A Good Buy (Rating Upgrade)
Nov 09Should You Think About Buying MasTec, Inc. (NYSE:MTZ) Now?
Oct 21MasTec: Getting Expensive In Spite Of Long-Term Tailwinds
Sep 28MasTec Is A Late Bloomer That's Finally Coming Into Its Own
Aug 12The Strong Earnings Posted By MasTec (NYSE:MTZ) Are A Good Indication Of The Strength Of The Business
Aug 09These 4 Measures Indicate That MasTec (NYSE:MTZ) Is Using Debt Reasonably Well
Jul 20MasTec: Secular Investments In 5G And The Energy Transition
Jul 02MasTec, Inc.'s (NYSE:MTZ) Share Price Not Quite Adding Up
Jun 05Why MasTec Could Be A Good Industrial Contrarian Play
Apr 17Is MasTec, Inc. (NYSE:MTZ) Trading At A 42% Discount?
Mar 03MasTec: Corrected Heavily But Still Expensive
Jan 24MasTec: Engineering Struggles
Nov 01MasTec: Struggles After The Acquisition Spree
Aug 24MasTec: Allocation Of FCF Towards Acquisitions Fostering Growth
Jun 05MasTec Q4 2022 Earnings Preview
Feb 22MasTec's CFO Pita to step down, Treasurer DiMarco to succeed
Dec 21MasTec Non-GAAP EPS of $1.34 beats by $0.06, revenue of $2.51B misses by $40M
Nov 03MasTec, Inc.: Leaving Me Far From Electrified
Oct 07HSR waiting period expires for MasTec-IEA deal
Sep 06Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2027 | 15,605 | 463 | 571 | 981 | 3 |
| 12/31/2026 | 14,473 | 431 | 702 | 926 | 11 |
| 12/31/2025 | 13,289 | 305 | 605 | 806 | 13 |
| 12/31/2024 | 12,220 | 156 | 561 | 707 | 13 |
| 9/30/2024 | 12,180 | 89 | 1,005 | 1,141 | N/A |
| 6/30/2024 | 12,185 | 8 | 1,027 | 1,157 | N/A |
| 3/31/2024 | 12,098 | -11 | 726 | 881 | N/A |
| 12/31/2023 | 11,996 | -50 | 494 | 687 | N/A |
| 9/30/2023 | 11,724 | -47 | 223 | 430 | N/A |
| 6/30/2023 | 10,981 | -13 | 60 | 253 | N/A |
| 3/31/2023 | 10,408 | -12 | -109 | 134 | N/A |
| 12/31/2022 | 9,778 | 33 | 89 | 352 | N/A |
| 9/30/2022 | 8,579 | 107 | 162 | 413 | N/A |
| 6/30/2022 | 8,470 | 169 | 182 | 445 | N/A |
| 3/31/2022 | 8,131 | 228 | 462 | 667 | N/A |
| 12/31/2021 | 7,952 | 329 | 623 | 793 | N/A |
| 9/30/2021 | 7,779 | 365 | 591 | 753 | N/A |
| 6/30/2021 | 7,073 | 371 | 641 | 819 | N/A |
| 3/31/2021 | 6,680 | 352 | 790 | 991 | N/A |
| 12/31/2020 | 6,321 | 323 | 724 | 937 | N/A |
| 9/30/2020 | 6,393 | 311 | 567 | 792 | N/A |
| 6/30/2020 | 6,712 | 323 | 464 | 666 | N/A |
| 3/31/2020 | 7,081 | 385 | 648 | 800 | N/A |
| 12/31/2019 | 7,183 | 392 | 424 | 550 | N/A |
| 9/30/2019 | 7,392 | 323 | 813 | 945 | N/A |
| 6/30/2019 | 7,352 | 315 | 708 | 858 | N/A |
| 3/31/2019 | 7,031 | 276 | 207 | 400 | N/A |
| 12/31/2018 | 6,909 | 260 | 350 | 530 | N/A |
| 9/30/2018 | 6,595 | 389 | -170 | 4 | N/A |
| 6/30/2018 | 6,573 | 332 | N/A | 267 | N/A |
| 3/31/2018 | 6,846 | 333 | N/A | 73 | N/A |
| 12/31/2017 | 6,607 | 347 | N/A | 144 | N/A |
| 9/30/2017 | 6,346 | 240 | N/A | 245 | N/A |
| 6/30/2017 | 5,976 | 233 | N/A | 77 | N/A |
| 3/31/2017 | 5,319 | 175 | N/A | 344 | N/A |
| 12/31/2016 | 5,135 | 131 | N/A | 206 | N/A |
| 9/30/2016 | 4,820 | 1 | N/A | 234 | N/A |
| 6/30/2016 | 4,345 | -48 | N/A | 235 | N/A |
| 3/31/2016 | 4,179 | -76 | N/A | 264 | N/A |
| 12/31/2015 | 4,208 | -79 | N/A | 367 | N/A |
| 9/30/2015 | 4,412 | 25 | N/A | 503 | N/A |
| 6/30/2015 | 4,617 | 66 | N/A | 429 | N/A |
| 3/31/2015 | 4,657 | 104 | N/A | 462 | N/A |
| 12/31/2014 | 4,612 | 122 | N/A | 323 | N/A |
| 9/30/2014 | 4,540 | 138 | N/A | 152 | N/A |
| 6/30/2014 | 4,494 | 139 | N/A | 233 | N/A |
| 3/31/2014 | 4,364 | 140 | N/A | 154 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MTZ's forecast earnings growth (36.8% per year) is above the savings rate (2.6%).
Earnings vs Market: MTZ's earnings (36.8% per year) are forecast to grow faster than the US market (14.8% per year).
High Growth Earnings: MTZ's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MTZ's revenue (7.3% per year) is forecast to grow slower than the US market (8.8% per year).
High Growth Revenue: MTZ's revenue (7.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MTZ's Return on Equity is forecast to be low in 3 years time (13%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 23:06 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
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Industry and Sector Metrics
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Analyst Sources
MasTec, Inc. is covered by 33 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Wittmann | Baird |
| Justin Hauke | Baird |
| Andrew Kaplowitz | Barclays |