MasTec (MTZ) AI Stock Analysis

• Market Cap: $15.43B
• Dividend Yield: N/A
• Average Volume (3M): 1.02M
• Price to Earnings (P/E): 47.3
• Beta (1Y): 1.48
• Revenue Growth: 12.99%
• EPS Growth: 274.10%
• Country: US
• Employees: 32,000
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): 2.48
• Shares Outstanding: 78,900,930
• 10 Day Avg. Volume: 1,262,084
• 30 Day Avg. Volume: 1,016,467
• PEG Ratio: -0.15
• Price to Book (P/B): 3.65
• Price to Sales (P/S): 0.86
• P/FCF Ratio: 10.92
• Enterprise Value/Market Cap: 1.25
• Enterprise Value/Revenue: 1.41
• Enterprise Value/Gross Profit: 11.24
• Enterprise Value/Ebitda: 20.92
• 1Y Price Target: $247.73
• Price Target Upside: 25.97% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 16
• EPS Forecast (FY): 6.4
• Revenue Forecast (FY): $14.05B

• Rating: 69 Neutral
• Price Target: $224.00 ▲(13.90% Upside)

MasTec's overall stock score is driven by strong earnings performance and a positive outlook, despite valuation concerns and cash flow challenges. The company's robust revenue growth and strategic investments in diversification support a favorable long-term view, although operational efficiency and cash flow management need attention.

Positive Factors

Revenue Growth

The strong revenue growth indicates robust demand and effective execution across segments, supporting long-term business expansion and market leadership.

Backlog Growth

A growing backlog signifies sustained demand and future revenue visibility, enhancing MasTec's ability to plan and invest strategically.

Segment Diversification

Diversified growth across segments reduces dependency on any single market, providing resilience against sector-specific downturns.

Negative Factors

Project Delays

Project delays can disrupt revenue timing and increase costs, potentially affecting profitability and client relationships.

Margin Pressure

Margin pressure from growth investments may impact short-term profitability, requiring careful management to ensure long-term benefits.

Cash Flow Challenges

Declining cash flow can limit MasTec's ability to fund operations and growth initiatives, necessitating improved cash management strategies.

MasTec Business Overview & Revenue Model

Company Description

MasTec, Inc. (MTZ) is a leading infrastructure construction company based in the United States, primarily engaged in the engineering, building, and installation of infrastructure in various sectors including telecommunications, energy, and transportation. The company provides a wide range of services such as pipeline construction, tower erection, and electrical contracting, catering to both public and private sector clients. With a focus on innovation and sustainability, MasTec plays a crucial role in modernizing infrastructure to meet the demands of a rapidly evolving economy.

How the Company Makes Money

MasTec generates revenue through multiple key streams, primarily by providing construction and engineering services across its sectors. The company earns money by executing contracts for infrastructure projects, which include the installation of communication networks, renewable energy systems, and utility infrastructure. Significant revenue comes from long-term contracts with major telecommunications and energy companies, as well as government projects. Additionally, MasTec benefits from strategic partnerships with large corporations and governmental agencies, which helps secure substantial contracts and projects, contributing to a stable income base. Factors such as a growing demand for renewable energy solutions and advancements in telecommunications infrastructure further enhance MasTec's revenue potential.

MasTec Financial Statement Overview

Summary

MasTec demonstrates strong revenue growth and improved profitability metrics, with a healthier balance sheet due to reduced leverage. However, declining free cash flow and operational margins pose potential risks. Continued focus on operational efficiency and cash flow management will be crucial for sustained financial health.

Income Statement

MasTec's revenue growth is strong, with a 5.48% increase in the TTM period, indicating robust demand. The gross profit margin is stable at 12.50%, though slightly lower than previous years. The net profit margin has improved to 2.41% in the TTM, reflecting better cost management. However, EBIT and EBITDA margins have decreased, suggesting potential operational inefficiencies.

Balance Sheet

The company's debt-to-equity ratio has significantly improved to 0.18 in the TTM, indicating reduced leverage and a stronger balance sheet. Return on equity has increased to 11.17%, showing enhanced profitability. The equity ratio remains stable, reflecting a balanced asset structure.

Cash Flow

Free cash flow has declined by 33.92% in the TTM, raising concerns about cash generation. The operating cash flow to net income ratio is 0.20, indicating moderate cash conversion efficiency. The free cash flow to net income ratio is 0.65, suggesting adequate cash flow relative to earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	13.76B	12.30B	12.00B	9.78B	7.95B	6.32B
Gross Profit	1.72B	1.63B	786.81M	1.19B	1.15B	1.05B
EBITDA	924.46M	950.85M	754.86M	662.46M	906.31M	730.90B
Net Income	331.07M	162.79M	-49.95M	33.35M	328.83M	322.85M
Balance Sheet
Total Assets	9.69B	8.98B	9.37B	9.29B	7.12B	5.23B
Cash, Cash Equivalents and Short-Term Investments	231.42M	399.90M	529.56M	370.59M	360.74M	423.12M
Total Debt	2.77B	2.63B	3.50B	3.51B	2.29B	1.49B
Total Liabilities	6.51B	5.99B	6.65B	6.55B	4.58B	3.22B
Stockholders Equity	3.11B	2.91B	2.71B	2.74B	2.54B	2.01B
Cash Flow
Free Cash Flow	416.59M	972.77M	494.34M	88.94M	623.01M	723.51M
Operating Cash Flow	644.67M	1.12B	687.28M	352.30M	793.07M	937.25M
Investing Cash Flow	-232.02M	-157.49M	-178.06M	-821.18M	-1.36B	-216.60M
Financing Cash Flow	-360.76M	-1.09B	-351.00M	480.90M	501.94M	-369.89M

MasTec Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 196.66
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MTZ, the sentiment is Neutral. The current price of 196.66 is below the 20-day moving average (MA) of 204.81, below the 50-day MA of 200.83, and above the 200-day MA of 161.98, indicating a neutral trend. The MACD of -0.50 indicates Positive momentum. The RSI at 43.54 is Neutral, neither overbought nor oversold. The STOCH value of 16.44 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for MTZ.

MasTec Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ACM	80 Outperform	$17.33B	26.60	28.17%	0.80%	1.50%	164.17%
J	77 Outperform	$18.48B	38.63	9.29%	0.81%	-30.12%	-21.04%
PWR	76 Outperform	$67.62B	67.27	13.16%	0.09%	18.72%	23.97%
APG	74 Outperform	$14.88B	100.14	8.71%	―	10.69%	―
FLR	73 Outperform	$7.47B	1.95	102.24%	―	3.62%	943.43%
MTZ	69 Neutral	$15.43B	47.33	11.18%	―	12.99%	274.10%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

MasTec Corporate Events

MasTec Reports Record Q3 2025 Financial Results

On October 30, 2025, MasTec announced its financial results for the third quarter of 2025, reporting record revenue of $4.0 billion, a 22% increase year-over-year, and a record 18-month backlog of $16.8 billion. The company exceeded its guidance expectations with a GAAP net income of $166.5 million and an adjusted EBITDA of $373.5 million. MasTec’s strong performance is attributed to robust customer demand across all segments, particularly in pipeline infrastructure, and efficient operating execution. The company has updated its financial guidance for the full year 2025, projecting continued double-digit growth in revenue and adjusted EBITDA, despite challenges in the Power Delivery segment.

The most recent analyst rating on (MTZ) stock is a Buy with a $265.00 price target. To see the full list of analyst forecasts on MasTec stock, see the MTZ Stock Forecast page.