The Filings Report

MasTec, Inc.

MTZNYSECIK 15615Industrials / Engineering & Constructionfiscal year ends December67 quarters since 2010

Revenue, Q3 FY2026
$5.2B
+29.9% on Q3 FY2025
Net income
$151M
−6.3% on Q3 FY2025
Free cash flow
$180M
+788.8% on Q3 FY2025
Diluted EPS
$1.89
−7.4% on Q3 FY2025
Revenue, TTM
$17.3B
trailing four quarters
Net margin, TTM
2.8%
net income $484M
Free cash flow, TTM
$405M
$761M less $356M capex
Cash and equivalents
$482M
long-term debt —, Sep 30, 2026
Shares, 12-month change
+1.8%
80M shares, Sep 30, 2026
Buybacks, TTM
$0
0.0% of market value
Dividends, TTM
—
no yield
Market value
$14.9B
at the close, buybacks

Latest quarter Q3 FY2026, filed October 29, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.

In Q3 FY2026, the quarter ended September 30, 2026, MasTec, Inc. reported revenue of $5.2B, +29.9% on Q3 FY2025, and net income of $151M (−6.3%). Operating margin was 5.3%. Free cash flow, operating cash flow less capital expenditures, was $180M ($267M less $87M). Diluted earnings per share were $1.89.

The last 16 quarters

Q4 FY2022 to Q3 FY2026, through the filing of October 29, 2026.

Revenue and net incomeRevenueNet income
−$2B$0$2B$4B$6BQ4'22, Revenue: $3.0BQ4'22, Net income: $3MQ4'22Q1'23, Revenue: $2.6BQ1'23, Net income: −$81MQ1'23Q2'23, Revenue: $2.9BQ2'23, Net income: $16MQ2'23Q3'23, Revenue: $3.3BQ3'23, Net income: $14MQ3'23Q4'23, Revenue: $3.3BQ4'23, Net income: $753KQ4'23Q1'24, Revenue: $2.7BQ1'24, Net income: −$41MQ1'24Q2'24, Revenue: $3.0BQ2'24, Net income: $34MQ2'24Q3'24, Revenue: $3.3BQ3'24, Net income: $95MQ3'24Q4'24, Revenue: $3.4BQ4'24, Net income: $75MQ4'24Q1'25, Revenue: $2.8BQ1'25, Net income: $10MQ1'25Q2'25, Revenue: $3.5BQ2'25, Net income: $86MQ2'25Q3'25, Revenue: $4.0BQ3'25, Net income: $161MQ3'25Q4'25, Revenue: $3.9BQ4'25, Net income: $143MQ4'25Q1'26, Revenue: $3.8BQ1'26, Net income: $61MQ1'26Q2'26, Revenue: $4.4BQ2'26, Net income: $130MQ2'26Q3'26, Revenue: $5.2BQ3'26, Net income: $151MQ3'26−$2B$0$2B$4B$6BQ4'22, Revenue: $3.0BQ4'22, Net income: $3MQ1'23, Revenue: $2.6BQ1'23, Net income: −$81MQ1'23Q2'23, Revenue: $2.9BQ2'23, Net income: $16MQ3'23, Revenue: $3.3BQ3'23, Net income: $14MQ3'23Q4'23, Revenue: $3.3BQ4'23, Net income: $753KQ1'24, Revenue: $2.7BQ1'24, Net income: −$41MQ1'24Q2'24, Revenue: $3.0BQ2'24, Net income: $34MQ3'24, Revenue: $3.3BQ3'24, Net income: $95MQ3'24Q4'24, Revenue: $3.4BQ4'24, Net income: $75MQ1'25, Revenue: $2.8BQ1'25, Net income: $10MQ1'25Q2'25, Revenue: $3.5BQ2'25, Net income: $86MQ3'25, Revenue: $4.0BQ3'25, Net income: $161MQ3'25Q4'25, Revenue: $3.9BQ4'25, Net income: $143MQ1'26, Revenue: $3.8BQ1'26, Net income: $61MQ1'26Q2'26, Revenue: $4.4BQ2'26, Net income: $130MQ3'26, Revenue: $5.2BQ3'26, Net income: $151MQ3'26

Net income losses drawn in red.

Free cash flow
−$200M$0$200M$400M$600MQ4'22, Free cash flow: $184MQ4'22Q1'23, Free cash flow: −$150MQ1'23Q2'23, Free cash flow: −$67MQ2'23Q3'23, Free cash flow: $256MQ3'23Q4'23, Free cash flow: $455MQ4'23Q1'24, Free cash flow: $82MQ1'24Q2'24, Free cash flow: $233MQ2'24Q3'24, Free cash flow: $234MQ3'24Q4'24, Free cash flow: $423MQ4'24Q1'25, Free cash flow: $31MQ1'25Q2'25, Free cash flow: −$58MQ2'25Q3'25, Free cash flow: $20MQ3'25Q4'25, Free cash flow: $293MQ4'25Q1'26, Free cash flow: $2MQ1'26Q2'26, Free cash flow: −$70MQ2'26Q3'26, Free cash flow: $180MQ3'26−$200M$0$200M$400M$600MQ4'22, Free cash flow: $184MQ1'23, Free cash flow: −$150MQ1'23Q2'23, Free cash flow: −$67MQ3'23, Free cash flow: $256MQ3'23Q4'23, Free cash flow: $455MQ1'24, Free cash flow: $82MQ1'24Q2'24, Free cash flow: $233MQ3'24, Free cash flow: $234MQ3'24Q4'24, Free cash flow: $423MQ1'25, Free cash flow: $31MQ1'25Q2'25, Free cash flow: −$58MQ3'25, Free cash flow: $20MQ3'25Q4'25, Free cash flow: $293MQ1'26, Free cash flow: $2MQ1'26Q2'26, Free cash flow: −$70MQ3'26, Free cash flow: $180MQ3'26

Operating cash flow less capital expenditures; negative quarters in red.

Cash and equivalents against long-term debtCash and equivalentsLong-term debt
$0$200M$400M$600MQ4'22, Cash and equivalents: $371MQ4'22Q1'23, Cash and equivalents: $142MQ1'23Q2'23, Cash and equivalents: $120MQ2'23Q3'23, Cash and equivalents: $214MQ3'23Q4'23, Cash and equivalents: $530MQ4'23Q1'24, Cash and equivalents: $249MQ1'24Q2'24, Cash and equivalents: $298MQ2'24Q3'24, Cash and equivalents: $181MQ3'24Q4'24, Cash and equivalents: $400MQ4'24Q1'25, Cash and equivalents: $346MQ1'25Q2'25, Cash and equivalents: $191MQ2'25Q3'25, Cash and equivalents: $231MQ3'25Q4'25, Cash and equivalents: $396MQ4'25Q1'26, Cash and equivalents: $274MQ1'26Q2'26, Cash and equivalents: $316MQ2'26Q3'26, Cash and equivalents: $482MQ3'26$0$200M$400M$600MQ4'22, Cash and equivalents: $371MQ1'23, Cash and equivalents: $142MQ1'23Q2'23, Cash and equivalents: $120MQ3'23, Cash and equivalents: $214MQ3'23Q4'23, Cash and equivalents: $530MQ1'24, Cash and equivalents: $249MQ1'24Q2'24, Cash and equivalents: $298MQ3'24, Cash and equivalents: $181MQ3'24Q4'24, Cash and equivalents: $400MQ1'25, Cash and equivalents: $346MQ1'25Q2'25, Cash and equivalents: $191MQ3'25, Cash and equivalents: $231MQ3'25Q4'25, Cash and equivalents: $396MQ1'26, Cash and equivalents: $274MQ1'26Q2'26, Cash and equivalents: $316MQ3'26, Cash and equivalents: $482MQ3'26

Positions at each quarter end, as filed; short-term investments are not included.

Income statement

Last eight quarters, newest first, through Q3 FY2026 filed October 29, 2026.

MasTec, Inc. income statement, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 29, 2026Q2 FY2026ended Jun 30, 2026filed Jul 30, 2026Q1 FY2026ended Mar 31, 2026filed Apr 30, 2026Q4 FY2025ended Dec 31, 2025filed Feb 26, 2026Q3 FY2025ended Sep 30, 2025filed Oct 30, 2025Q2 FY2025ended Jun 30, 2025filed Jul 31, 2025Q1 FY2025ended Mar 31, 2025filed May 1, 2025Q4 FY2024ended Dec 31, 2024filed Feb 28, 2025YoYQ3 FY2026vs Q3 FY2025
Revenue5,1524,3743,8293,9403,9673,5452,8483,403+29.9%
Cost of revenue—————————
Gross profit—————————
Research and development—————————
Selling, general and administrative229206214189184175166183+24.5%
Operating income275226142—25015836—+10.4%
Other income (expense)24(3)2101(6)+87.9%
Pretax income22019491174212121996+4.0%
Income tax524822214531(3)12+16.2%
Net income15113061143161861075−6.3%
Diluted EPS ($)1.891.650.77—2.041.090.13—−7.4%
Diluted shares (millions)807979—797979——

Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.

Balance sheet

Last eight quarters, newest first, through Q3 FY2026 filed October 29, 2026.

MasTec, Inc. balance sheet, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 29, 2026Q2 FY2026ended Jun 30, 2026filed Jul 30, 2026Q1 FY2026ended Mar 31, 2026filed Apr 30, 2026Q4 FY2025ended Dec 31, 2025filed Feb 26, 2026Q3 FY2025ended Sep 30, 2025filed Oct 30, 2025Q2 FY2025ended Jun 30, 2025filed Jul 31, 2025Q1 FY2025ended Mar 31, 2025filed May 1, 2025Q4 FY2024ended Dec 31, 2024filed Feb 28, 2025YoYQ3 FY2026vs Q3 FY2025
Cash and equivalents482316274396231191346400+108.2%
Short-term investments—————————
Total current assets6,2014,9394,5174,3294,3073,7473,5463,653+44.0%
Total assets14,13710,92510,4429,9249,6939,1328,8628,975+45.8%
Total current liabilities4,4743,5293,4273,2713,2363,0682,9103,000+38.2%
Long-term debt—————————
Total liabilities9,9387,3267,0126,5896,5146,1185,9075,988+52.6%
Stockholders’ equity4,0523,4773,3093,2593,1122,9472,8842,912+30.2%
Shares outstanding (millions)8080797979797979—

Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.

Cash flow statement

Last eight quarters, newest first, through Q3 FY2026 filed October 29, 2026.

MasTec, Inc. cash flow statement, quarterly
Millions of dollarsQ3 FY2026ended Sep 30, 2026filed Oct 29, 2026Q2 FY2026ended Jun 30, 2026filed Jul 30, 2026Q1 FY2026ended Mar 31, 2026filed Apr 30, 2026Q4 FY2025ended Dec 31, 2025filed Feb 26, 2026Q3 FY2025ended Sep 30, 2025filed Oct 30, 2025Q2 FY2025ended Jun 30, 2025filed Jul 31, 2025Q1 FY2025ended Mar 31, 2025filed May 1, 2025Q4 FY2024ended Dec 31, 2024filed Feb 28, 2025YoYQ3 FY2026vs Q3 FY2025
Operating cash flow267219937389678472+200.6%
Capital expenditures8792978069644748+27.1%
Free cash flow (CFO − capex)180(70)229320(58)31423+788.8%
Depreciation and amortization169124122111105103109115+61.7%
Share repurchases0000050270—
Dividends paid—————————

10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.

Annual statements

Every fiscal year filed, newest first, through FY2025 filed February 26, 2026.

Income statement

MasTec, Inc. income statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 26, 2026FY2024ended Dec 31, 2024filed Feb 28, 2025FY2023ended Dec 31, 2023filed Mar 1, 2024FY2022ended Dec 31, 2022filed Mar 16, 2023FY2021ended Dec 31, 2021filed Mar 1, 2022FY2020ended Dec 31, 2020filed Feb 25, 2021FY2019ended Dec 31, 2019filed Feb 27, 2020FY2018ended Dec 31, 2018filed Feb 28, 2019FY2017ended Dec 31, 2017filed Feb 27, 2018FY2016ended Dec 31, 2016filed Feb 24, 2017FY2015ended Dec 31, 2015filed Feb 26, 2016FY2014ended Dec 31, 2014filed Jul 31, 2015FY2013ended Dec 31, 2013filed Feb 27, 2014FY2012ended Dec 31, 2012filed Feb 28, 2013FY2011ended Dec 31, 2011filed Feb 29, 2012FY2010ended Dec 31, 2010filed Aug 3, 2011FY2009ended Dec 31, 2009filed Aug 3, 2011
Revenue14,29912,30311,9969,7787,9526,3217,1836,9096,6075,1354,2084,6124,3253,7272,8312,1431,624
Cost of revenue—————————————————
Gross profit—————————————————
Research and development—————————————————
Selling, general and administrative71368569955930730328628727526126623821515813311297
Operating income—————————————————
Other income (expense)4(11)4113311(27)21371586(8)0(1)3
Pretax income515251(83)43430425511365372226(68)19824019315911479
Income tax9352(35)99910211710623921276937662488
Net income399163(50)33329323392260347131(79)1161411071069171
Diluted EPS ($)5.072.06(0.64)0.424.454.385.173.264.221.61(0.98)1.351.661.311.231.050.90
Diluted shares (millions)7979787674747680828180868582879182

Balance sheet

MasTec, Inc. balance sheet, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 26, 2026FY2024ended Dec 31, 2024filed Feb 28, 2025FY2023ended Dec 31, 2023filed Mar 1, 2024FY2022ended Dec 31, 2022filed Mar 16, 2023FY2021ended Dec 31, 2021filed Mar 1, 2022FY2020ended Dec 31, 2020filed Feb 25, 2021FY2019ended Dec 31, 2019filed Feb 27, 2020FY2018ended Dec 31, 2018filed Feb 28, 2019FY2017ended Dec 31, 2017filed Feb 27, 2018FY2016ended Dec 31, 2016filed Feb 24, 2017FY2015ended Dec 31, 2015filed Feb 26, 2016FY2014ended Dec 31, 2014filed Jul 31, 2015FY2013ended Dec 31, 2013filed Feb 27, 2014FY2012ended Dec 31, 2012filed Feb 28, 2013FY2011ended Dec 31, 2011filed Feb 29, 2012FY2010ended Dec 31, 2010filed Aug 3, 2011FY2009ended Dec 31, 2009filed Aug 3, 2011
Cash and equivalents3964005303713614237127403952423272015989
Short-term investments—————————————————
Total current assets4,3293,6533,9743,8592,8742,3592,1742,1691,8521,4021,1301,5321,3071,050829722—
Total assets9,9248,9759,3749,2937,1215,2284,9974,4404,0673,1832,9273,5512,9232,4162,0951,656—
Total current liabilities3,2713,0002,8372,4961,7851,4151,2191,284964840753981829714592487—
Long-term debt——————————————495413—
Total liabilities6,5895,9886,6526,5524,5783,2223,2053,0482,6332,0791,9842,4161,9021,5541,2831,003—
Stockholders’ equity3,2592,9122,7062,7372,5402,0021,7871,3901,4311,0979401,1441,016857811653—
Shares outstanding (millions)7979797976747776838380—777781——

Cash flow statement

MasTec, Inc. cash flow statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 26, 2026FY2024ended Dec 31, 2024filed Feb 28, 2025FY2023ended Dec 31, 2023filed Mar 1, 2024FY2022ended Dec 31, 2022filed Mar 16, 2023FY2021ended Dec 31, 2021filed Mar 1, 2022FY2020ended Dec 31, 2020filed Feb 25, 2021FY2019ended Dec 31, 2019filed Feb 27, 2020FY2018ended Dec 31, 2018filed Feb 28, 2019FY2017ended Dec 31, 2017filed Feb 27, 2018FY2016ended Dec 31, 2016filed Feb 24, 2017FY2015ended Dec 31, 2015filed Feb 26, 2016FY2014ended Dec 31, 2014filed Jul 31, 2015FY2013ended Dec 31, 2013filed Feb 27, 2014FY2012ended Dec 31, 2012filed Feb 28, 2013FY2011ended Dec 31, 2011filed Feb 29, 2012FY2010ended Dec 31, 2010filed Aug 3, 2011FY2009ended Dec 31, 2009filed Aug 3, 2011
Operating cash flow5461,12268735279393755053014420636732320017321218124
Capital expenditures2601491932631702141261801231178410912680723022
Free cash flow (CFO − capex)2869734948962372442435021882832147493(51)188102
Depreciation and amortization42750760350742329823621318816517015414192755850
Share repurchases77008101206314201000075750—
Dividends paid—————————————————

Insider activity

Form 4 filings by officers, directors and 10% owners, November 1, 2024 to November 1, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.

Bought, three months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, three months
$0
0 sales by 0 insiders; officers and directors $0
Bought, twelve months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, twelve months
$6M
5 sales by 4 insiders; officers and directors $6M

The last 25 transactions

TradedInsiderRoleTransactionSharesPriceValueHeld afterFiled
Aug 14, 2026Miranda Manuel BenitoDirectoraward152$0.00—152Aug 18, 2026
Aug 14, 2026Palomarez Javier AlbertoDirectoraward139$0.00—10,805Aug 18, 2026
Aug 14, 2026Palomarez Javier AlbertoDirectortax withholding31$297.59$9K10,774Aug 18, 2026
Aug 14, 2026Csiszar Ernst NDirectoraward152$0.00—10,968Aug 18, 2026
Aug 14, 2026Csiszar Ernst NDirectortax withholding34$297.59$10K10,934Aug 18, 2026
Aug 14, 2026Campbell C RobertDirectoraward139$0.00—30,880Aug 18, 2026
Aug 14, 2026Spiro AlexDirectoraward139$0.00—139Aug 18, 2026
Aug 14, 2026Dwyer Robert JDirectoraward139$0.00—20,991Aug 18, 2026
Aug 14, 2026Dwyer Robert JDirectortax withholding31$297.59$9K20,960Aug 18, 2026
Aug 14, 2026Johnson Julia LDirectoraward139$0.00—73,474Aug 18, 2026
Aug 14, 2026Parker Ava LDirectoraward177$0.00—5,569Aug 18, 2026
Aug 14, 2026Parker Ava LDirectortax withholding20$297.59$6K5,549Aug 18, 2026
Jun 3, 2026Csiszar Ernst NDirectoropen-market sale6,500$371.17$2M10,816Jun 5, 2026
May 15, 2026Csiszar Ernst NDirectoraward104$0.00—17,339May 19, 2026
May 15, 2026Csiszar Ernst NDirectortax withholding23$434.77$10K17,316May 19, 2026
May 15, 2026Dwyer Robert JDirectoraward95$0.00—20,873May 19, 2026
May 15, 2026Dwyer Robert JDirectortax withholding21$434.77$9K20,852May 19, 2026
May 15, 2026Parker Ava LDirectoraward121$0.00—5,406May 19, 2026
May 15, 2026Parker Ava LDirectortax withholding14$434.77$6K5,392May 19, 2026
May 15, 2026Campbell C RobertDirectoraward95$0.00—30,741May 19, 2026
May 15, 2026Palomarez Javier AlbertoDirectoraward95$0.00—10,687May 19, 2026
May 15, 2026Palomarez Javier AlbertoDirectortax withholding21$434.77$9K10,666May 19, 2026
May 15, 2026Johnson Julia LDirectoraward95$0.00—73,335May 19, 2026
May 4, 2026Campbell C RobertDirectoropen-market sale3,000$417.00$1M30,646May 6, 2026
Mar 25, 2026Palomarez Javier AlbertoDirectoropen-market sale950$325.43$309K10,592Mar 27, 2026

Full insider history for MasTec, Inc., or insider activity across all companies. A record of filings, not a recommendation.

Tracked funds holding it

2 of the tracked managers held MTZ in their latest 13F filing, through August 14, 2026. Weight is the share of the fund’s reported portfolio. How the funds have traded MTZ by quarter.

FundManagerQuarterValueSharesWeightMove
Lone Pine CapitalSteve MandelQ2 2026$560M1M3.42%trimmed −12.1%
Third PointDaniel LoebQ2 2026$121M290,0002.58%trimmed −9.4%

Sources

Fiscal year ends in month 12; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.

Filer
MasTec, Inc., CIK 15615 on EDGAR
Extract generated
November 1, 2026
Withheld
1 line-years whose four quarters do not sum to the filed year: revenue FY2010
Repaired
1 quarters where a full-year figure was filed in a quarter slot and the quarter was rebuilt: income tax FY2017
XBRL concepts behind each line

Income statement

Revenue: Revenues
Cost of revenue: not filed
Gross profit: GrossProfit
Research and development: not filed
Selling, general and administrative: GeneralAndAdministrativeExpense
Operating income: OperatingIncomeLoss
Other income (expense): NonoperatingIncomeExpense
Pretax income: IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax: IncomeTaxExpenseBenefit
Net income: NetIncomeLoss
Diluted EPS ($): EarningsPerShareDiluted
Diluted shares (millions): WeightedAverageNumberOfDilutedSharesOutstanding

Balance sheet

Cash and equivalents: CashAndCashEquivalentsAtCarryingValue
Short-term investments: not filed
Total current assets: AssetsCurrent
Total assets: Assets
Total current liabilities: LiabilitiesCurrent
Long-term debt: LongTermDebt
Total liabilities: Liabilities
Stockholders’ equity: StockholdersEquity
Shares outstanding (millions): dei:EntityCommonStockSharesOutstanding

Cash flow statement

Operating cash flow: NetCashProvidedByUsedInOperatingActivities
Capital expenditures: PaymentsToAcquireProductiveAssets, PaymentsToAcquirePropertyPlantAndEquipment
Free cash flow (CFO − capex): not filed
Depreciation and amortization: DepreciationDepletionAndAmortization
Share repurchases: PaymentsForRepurchaseOfCommonStock
Dividends paid: not filed

The data

The statements on this page as files, generated November 1, 2026.

JSON file
/data/financials/MTZ.json