MasTec Past Earnings Performance

Past criteria checks 2/6

MasTec's earnings have been declining at an average annual rate of -47.7%, while the Construction industry saw earnings growing at 16.2% annually. Revenues have been growing at an average rate of 14.6% per year. MasTec's return on equity is 4.1%, and it has net margins of 0.7%.

Key information

-47.7%

Earnings growth rate

-47.5%

EPS growth rate

Construction Industry Growth20.2%
Revenue growth rate14.6%
Return on equity4.1%
Net Margin0.7%
Last Earnings Update30 Sep 2024

Recent past performance updates

The Strong Earnings Posted By MasTec (NYSE:MTZ) Are A Good Indication Of The Strength Of The Business

Aug 09
The Strong Earnings Posted By MasTec (NYSE:MTZ) Are A Good Indication Of The Strength Of The Business

Recent updates

Calculating The Intrinsic Value Of MasTec, Inc. (NYSE:MTZ)

Dec 08
Calculating The Intrinsic Value Of MasTec, Inc. (NYSE:MTZ)

Is MasTec (NYSE:MTZ) A Risky Investment?

Nov 20
Is MasTec (NYSE:MTZ) A Risky Investment?

MasTec: Margin Growth And Promising Long Term Suggest A Good Buy (Rating Upgrade)

Nov 09

Should You Think About Buying MasTec, Inc. (NYSE:MTZ) Now?

Oct 21
Should You Think About Buying MasTec, Inc. (NYSE:MTZ) Now?

MasTec: Getting Expensive In Spite Of Long-Term Tailwinds

Sep 28

MasTec Is A Late Bloomer That's Finally Coming Into Its Own

Aug 12

The Strong Earnings Posted By MasTec (NYSE:MTZ) Are A Good Indication Of The Strength Of The Business

Aug 09
The Strong Earnings Posted By MasTec (NYSE:MTZ) Are A Good Indication Of The Strength Of The Business

These 4 Measures Indicate That MasTec (NYSE:MTZ) Is Using Debt Reasonably Well

Jul 20
These 4 Measures Indicate That MasTec (NYSE:MTZ) Is Using Debt Reasonably Well

MasTec: Secular Investments In 5G And The Energy Transition

Jul 02

MasTec, Inc.'s (NYSE:MTZ) Share Price Not Quite Adding Up

Jun 05
MasTec, Inc.'s (NYSE:MTZ) Share Price Not Quite Adding Up

Why MasTec Could Be A Good Industrial Contrarian Play

Apr 17

Is MasTec, Inc. (NYSE:MTZ) Trading At A 42% Discount?

Mar 03
Is MasTec, Inc. (NYSE:MTZ) Trading At A 42% Discount?

MasTec: Corrected Heavily But Still Expensive

Jan 24

Revenues Not Telling The Story For MasTec, Inc. (NYSE:MTZ)

Jan 09
Revenues Not Telling The Story For MasTec, Inc. (NYSE:MTZ)

MasTec: Engineering Struggles

Nov 01

MasTec: Struggles After The Acquisition Spree

Aug 24

MasTec: Allocation Of FCF Towards Acquisitions Fostering Growth

Jun 05

MasTec Q4 2022 Earnings Preview

Feb 22

MasTec's CFO Pita to step down, Treasurer DiMarco to succeed

Dec 21

MasTec Non-GAAP EPS of $1.34 beats by $0.06, revenue of $2.51B misses by $40M

Nov 03

MasTec, Inc.: Leaving Me Far From Electrified

Oct 07

HSR waiting period expires for MasTec-IEA deal

Sep 06

Revenue & Expenses Breakdown

How MasTec makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:MTZ Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2412,180896690
30 Jun 2412,18586620
31 Mar 2412,098-116510
31 Dec 2311,996-506350
30 Sep 2311,724-476060
30 Jun 2310,981-135590
31 Mar 2310,408-125250
31 Dec 229,778335070
30 Sep 228,5791074300
30 Jun 228,4701694010
31 Mar 228,1312283610
31 Dec 217,9523293000
30 Sep 217,7793652970
30 Jun 217,0733712830
31 Mar 216,6803522860
31 Dec 206,3213233010
30 Sep 206,3933113220
30 Jun 206,7123233270
31 Mar 207,0813853120
31 Dec 197,1833922850
30 Sep 197,3923232960
30 Jun 197,3523152990
31 Mar 197,0312762960
31 Dec 186,9092602870
30 Sep 186,5953892840
30 Jun 186,5733322700
31 Mar 186,8463332730
31 Dec 176,6073472750
30 Sep 176,3462402670
30 Jun 175,9762332630
31 Mar 175,3191752580
31 Dec 165,1351312490
30 Sep 164,82012430
30 Jun 164,345-482430
31 Mar 164,179-762390
31 Dec 154,208-792480
30 Sep 154,412252550
30 Jun 154,617662520
31 Mar 154,6571042450
31 Dec 144,6121222330
30 Sep 144,5401382230
30 Jun 144,4941392200
31 Mar 144,3641402180
31 Dec 134,3251472140

Quality Earnings: MTZ has high quality earnings.

Growing Profit Margin: MTZ became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MTZ's earnings have declined by 47.7% per year over the past 5 years.

Accelerating Growth: MTZ has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: MTZ has become profitable in the last year, making it difficult to compare its past year earnings growth to the Construction industry (26%).


Return on Equity

High ROE: MTZ's Return on Equity (4.1%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/29 03:01
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

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.

AnalystInstitution
Justin HaukeBaird
Andrew WittmannBaird
Andrew KaplowitzBarclays