MasTec, Inc. (MTZ) — Financial statements
Income statement, balance sheet, and cash flow for MasTec, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 14,299↑16.2% | 12,303↑2.6% | 11,996↑22.7% | 9,778↑23.0% | 7,952 | |
| Cost of Revenue | 12,934↑21.1% | 10,676↓4.8% | 11,209↑30.5% | 8,586↑26.2% | 6,806 | |
| Gross Profit | 1,366↓16.1% | 1,627↑106.8% | 787↓34.0% | 1,192↑4.0% | 1,146 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 713↑4.2% | 685↑7.8% | 635↑13.5% | 559↑82.2% | 307 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 713↑4.2% | 685↑7.8% | 635↑13.5% | 559↑82.2% | 307 | |
| Other Expenses | 0.00↓100.0% | 507 | 0.00↓100.0% | 507↑19.9% | 423 | |
| Operating Expenses | 713↓40.1% | 1,191↑87.6% | 635↓40.5% | 1,067↑46.1% | 730 | |
| Total Costs & Expenses | 13,647↑15.0% | 11,867↑0.2% | 11,844↑22.7% | 9,653↑28.1% | 7,536 | |
| Operating Results | ||||||
| Operating Income | 653↑49.6% | 436↑187.1% | 152↑21.5% | 125↓69.9% | 416 | |
| Depreciation & Amortization | 427↓15.7% | 507↓16.0% | 603↑18.9% | 507↑19.9% | 423 | |
| EBITDA | 1,115↑17.3% | 951↑26.0% | 755↑13.9% | 662↓26.9% | 906 | |
| EBIT | 688↑55.0% | 444↑192.8% | 152↓2.3% | 155↓67.9% | 483 | |
| Interest & Other Income | ||||||
| Net Interest Income | -173↑10.5% | -193↑17.6% | -234↓108.8% | -112↓110.2% | -53 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 173↓10.5% | 193↓17.6% | 234↑108.8% | 112↑110.2% | 53 | |
| Non-Operating Income | -36↓353.7% | -8↓2641.3% | 0.31↑101.0% | -30↑55.1% | -67 | |
| Other Income / Expenses | -137↑26.0% | -185↑21.0% | -235↓186.0% | -82↓693.6% | 14 | |
| Income Before Tax | 515↑105.4% | 251↑403.4% | -83↓292.1% | 43↓90.0% | 430 | |
| Income Tax Expense | 93↑81.2% | 52↑245.6% | -35↓486.1% | 9↓90.8% | 99 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 422↑111.6% | 199↑521.6% | -47↓239.6% | 34↓89.8% | 331 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 399↑145.1% | 163↑425.9% | -50↓249.8% | 33↓89.9% | 329 | |
| Bottom-Line Net Income | 399↑145.1% | 163↑425.9% | -50↓257.7% | 32↓90.4% | 329 | |
| EPS (Basic) | 5.12↑145.0% | 2.09↑426.6% | -0.64↓242.2% | 0.45↓90.1% | 4.54 | |
| EPS (Diluted) | 5.07↑146.1% | 2.06↑421.9% | -0.64↓252.4% | 0.42↓90.6% | 4.45 | |
| Weighted Average Shares | 78↓0.2% | 78↑0.7% | 78↑3.5% | 75↑3.3% | 72 | |
| Weighted Average Diluted Shares | 79↓0.2% | 79↑1.7% | 78↑1.8% | 76↑3.0% | 74 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.