Fundamental analysis · SEC EDGAR · TTM through 30/06/2026

Fundamental analysis of Mastec Inc

MTZ · NYSE · Utilities

Fundamental quality

REASONABLE

60

out of 100

Mastec Inc earns a fundamental-quality score of 60 out of 100, profiling it as a company of reasonable quality. Its score rests mainly on its growth (revenue +18.6%/yr). Its weakest area is its profitability (net margin 3.1%). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

MasTec is America's energy and communications infrastructure builder: its crews lay fiber optics, erect power lines, install renewable farms and build pipelines. The company founded by Cuban exiles that is wiring the American energy transition.

What will shape its future

  • Grid and renewables investment, its expanding order book.
  • Fiber and 5G rollout, its perennial communications business.
  • Project execution and margins, the subject the market watches it on.

Breakdown by area

I.Growth
68

EPS growth: 6.8% · Revenue growth: 18.6%

II.Profitability
55

Net margin: 3.1% · ROE: 14.2% · ROIC: 10.1%

III.Financial health
56

Net debt/EBITDA: 1.9x · FCF: 1.5%

Source: SEC EDGAR · TTM through 30/06/2026

The score combines growth, profitability and financial strength. Here its growth weighs in its favor, while its profitability drags it down the most.

Versus its sector

Percentile against the other 24 Utilities companies in our coverage: how far it beats them on each metric (100 = best in sector).

Net marginbeats 17%
ROEbeats 71%
Growthbeats 92%
Cash generationbeats 62%
Less debtbeats 90%

Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

Mastec Inc strengths

  • Revenue growing (18.6% annualized).
  • Revenue rising without interruption since 2020.
  • Positive free cash flow year after year, a self-funding business.

Mastec Inc risks and weaknesses

  • Its net debt has grown over the period.
  • Thin margins (net margin of 3.1%), little cushion for setbacks.

Mastec Inc historical evolution

YearRevenueNet incomeFree cash flowNet debt
20206,321323724735
20217,9523296231,515
20229,77833892,682
202311,996-504942,358
202412,3031639731,638
202514,2993992861,780

Between 2020 and 2025, revenue went from $6,321M to $14,299M (+126%) and net income went from $323M to $399M (+24%).

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Latest results

Versus the same period a year earlier

Figures for the half-year ended June 30, 2026, versus the half-year ended June 30, 2025 (SEC filings):

  • Revenue+28.3%
  • Net income+99.6%

What changed with the June 30, 2026 results

Compared with the previous close (March 31, 2026), this is what moved in its accounts:

  • Quality score5860

Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.

Dividend

This company doesn't pay a dividend: it reinvests all its earnings back into the business.

Advertising

Want to invest in Mastec Inc?

Open your account in minutes with regulated brokers and buy U.S. and European stocks from small amounts. No paperwork.

Interactive BrokersGlobal markets

The serious investor's standard

Open free account →
WebullCommission-free

Popular in the U.S.

Open free account →

Investing carries risk of loss.

Is Mastec Inc cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

Compute the valuation →

Frequently asked questions

Is Mastec Inc a good company to invest in?

In terms of business quality, Mastec Inc scores 60 out of 100 in our analysis, placing it as a company of reasonable quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

Is Mastec Inc a profitable company?

Mastec Inc is profitable, with a net margin of 3.1%, though a thin one.

Does Mastec Inc have a lot of debt?

A moderate level: its net debt is 1.9 times its EBITDA.

Is Mastec Inc growing?

Its revenue has grown 18.6% annualized in recent years and its earnings per share 6.8%, and without interruption since 2020.

Does Mastec Inc generate cash?

Yes. It converts about 1.5% of its revenue into free cash flow, and has done so positively year after year.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

Was this page helpful?