MasTec
ConvictionWeak
Project-based engineering, procurement, construction, installation and maintenance (EPC + specialty contracting) across four end-market segments; largely cost-plus and fixed-price contracts for telecom carriers, utilities, pipeline operators, and renewable/industrial developers, primarily in the US and Canada.
Revenue
$14.3B FY2025$3.83B Q1 2026Rev growth
+16.2% FY2025+34% Q1 2026 YoYGross margin
not cleanly disclosedMasTec reports costs of revenue excluding depreciation & amortization, not a standalone gross marginOp margin
~4-5% GAAP FY2025derived; company headlines adjusted EBITDA margin insteadCapex intensity
~1.8% of revenue FY2025capex $260M; asset-light relative to owned-equipment peers, though it also leases fleetMarket cap
~$29.7BNYSE: MTZ, ~$381/share, 2026-07-06 closeThe read
Where our coverage leans
Coverage leans bullish
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Full financial intelligence for MasTec
Earnings, margins & COGS, the income-statement breakdown, SWOT, moats & dependencies, the supplier–customer ecosystem graph, top signals & trends, and the valuation range.
- Income statement & margin structure
- SWOT, moats & dependency map
- Supplier–customer ecosystem graph
- Signals, trends & valuation range
Not investment advice — analyst work product for a qualified professional.· intel vintage 2026-07 (FY2025 10-K figures reported 2026-02-26; Q1 2026 results reported 2026-05-01; price/market cap as of 2026-07-06 close)· sign in (free) for the analyst summary; Pro unlocks full intelligence