MasTec

MasTec, Inc. engages in the provision of infrastructure construction services. It operates through the following segments: Communications, Oil and Gas, Clean Energy and Infrastructure, and Other. The Communications segment performs engineering, construction, maintenance, and customer fulfillment activities related to communications infrastructure, primarily for wireless and wireline/fiber communications, and install-to-the-home customers. The Oil and Gas segment offers services on oil and natural gas pipelines and processing facilities for the energy and utilities industries. The Clean Energy and Infrastructure segment serves energy, utility and other end-markets through the installation and construction of power generation facilities, including from clean energy and renewable sources such as wind, solar and biomass, as well as various types of heavy civil and industrial infrastructure. The Other segment consists of equity investors, other small business units that perform construction, and other services for a variety of international end-markets. The company was founded by Jorge Mas Canosa on July 26, 1968, and is headquartered in Coral Gables, FL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

MasTec reports strong Q4 earnings, eyes growth in Clean Energy

MasTec's Q4 2022 showcased robust financial performance and strategic focus on non-Oil and Gas segments for future growth.
While facing challenges in Q1 2023, MasTec's investments in key segments and strong backlog position it well for '24 and '25.
Opportunities lie in Clean Energy, Power Delivery, and Communications sectors, with expectations of margin improvements and revenue growth.
Guidance for 2023 indicates a positive outlook with revenue projected at $13 billion and a focus on diversification and operational efficiency.

MasTec reports strong Q1 performance, eyes margin expansion opportunities

MasTec's Q1 2023 performance showcased strong revenue and backlog growth, with a focus on diversifying away from oil and gas markets.
The company aims to drive long-term shareholder value through margin expansion, operational efficiencies, and improving return on invested capital.
Challenges include negative adjusted EPS, cash flow usage, and high depreciation levels, while opportunities lie in significant industry demand and margin expansion targets.
Overall, MasTec's outlook for 2023 as an earnings transition year sets the stage for improved earnings power and long-term growth through strategic initiatives.

MasTec reports strong Q2 earnings, faces margin challenges ahead

MasTec's Q2 2023 performance showed revenue growth and margin improvement, but challenges in meeting revenue expectations and margin pressures persist.
The company is focused on operational efficiency, revenue diversification, and managing growth to capitalize on opportunities in various segments.
Despite margin concerns and revenue challenges, MasTec remains confident in its progress, customer relationships, and future earnings potential.
With a positive outlook for revenue growth, margin enhancement, and operational performance, MasTec is strategically positioned for future success and profitability.

MasTec reports robust Q3 performance, eyes growth amid challenges

MasTec's Q3 2023 showed strong financial performance but faced challenges in various segments impacting revenue estimates.
The company anticipates growth opportunities in Clean Energy, Power Delivery, and Communications segments for 2024.
Addressing tax equity concerns and focusing on margin expansion are key strategies for future success.
Despite challenges, MasTec remains confident in meeting margin targets and capitalizing on market demand in 2024.

MasTec reports strong Q4 earnings, eyes growth in Communications and Clean Energy

MasTec's Q4 2023 earnings call highlighted strong financial performance, challenges in certain segments, and positive outlooks for future growth opportunities. The company is focused on expanding its Communications and Clean Energy segments while navigating challenges in Power Delivery and labor capacity.
With a solid financial foundation and strategic growth initiatives, MasTec aims to capitalize on opportunities in Oil and Gas, Utilities, and Communications sectors. The company's focus on margin improvement and backlog growth positions it well for future success.
Despite challenges faced in 2023, MasTec remains optimistic about its growth prospects, especially in the Oil and Gas pipeline segment and Clean Energy business. By addressing challenges and leveraging opportunities, MasTec aims to drive sustainable growth and profitability.

MasTec reports strong Q1 earnings, raises full-year outlook significantly

MasTec is focused on scaling vertical offerings for revenue growth and margin improvement. The full-year outlook has been raised, with revenue expected to reach $12.55 billion and adjusted EPS of $2.95, a 50% improvement versus 2023.

MasTec reports robust Q2 earnings, eyes growth amid sector challenges

MasTec delivered strong financial results in Q2 2024, driven by robust performance in key segments and strategic project wins.
Despite challenges in the Power Delivery segment, the company remains optimistic about long-term growth prospects.
With a solid backlog, margin outperformance, and favorable market conditions, MasTec is poised for continued success and expansion.

MasTec reports strong Q3 performance, eyes margin improvement

MasTec's Q3 2024 results reflect a robust performance with record revenues and a positive outlook for margin improvement and value creation.
The company's strategic investments post-pandemic have positioned it for growth, supported by strong demand across all segments.
While challenges in sustaining growth persist, MasTec's focus on diversification, margin enhancement, and revenue growth presents opportunities for continued success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Does MasTec (MTZ) have what it takes to be a top stock pick for momentum investors? Let's find out.

MasTec (MTZ) Is Up 12.11% in One Week: What You Should Know

After a solid 3x rise since the March 23 levels of last year, at the current price of around $77 per share we believe MasTec Inc. stock, an infrastructure and construction company, has reached its near-term potential. MTZ stock has rallied from $26 to $77, significantly outperforming the S&P which.

MasTec Vulnerable For Downside Risk At $77?

Carlisle Companies

EMCOR Group

Quanta Services

Trex

According to the Joel Greenblatt (Trades, Portfolio) Magic Formula Screen, a Premium feature of GuruFocus, five construction companies that have a GuruFocus business predictability rank of at least three stars and high earnings yield and return on capital are MasTec Inc. (NYSE:MTZ), Carlisle Companies Inc. (NYSE:CSL), EMCOR Group Inc. (NYSE:EME), Quanta Services Inc. (NYSE:PWR) and Trex Co. Inc. (NYSE:TREX).

5 Construction Companies to Consider in 2021

The growing prospect of an infrastructure stimulus bill has put this construction company in the sweet spot.

Why MasTec Stock Jumped 14% Today

The PPL unit of MasTec (MTZ) is set to construct the Keystone XL Pipeline in Montana and South Dakota.

MasTec (MTZ) PPL Unit Inks Deal for Keystone XL Construction

EAU CLAIRE, Wis., Jan. 5, 2021 /PRNewswire/ -- Precision Pipeline, LLC, (PPL) a MasTec, Inc. (NYSE:MTZ), company, has been awarded a contract from TC Energy Corporation ("TC Energy") for the construction of the Keystone XL Pipeline in Montana and South Dakota. "We are extremely proud to...

Precision Pipeline, LLC Selected by TC Energy to Help Construct Keystone XL

CORAL GABLES, Fla., Dec. 31, 2020 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) is saddened to announce the passing of longtime Board Member, José S. Sorzano. José Mas, MasTec's CEO, commented, "It's with great sadness that I announce the passing of our friend and fellow Board Member, José...

MasTec Mourns Death of Longtime Board Member, José S. Sorzano

Griffon

QUALCOMM

Qorvo

Regeneron Pharmaceuticals

Rocket Companies, Inc.

Skyworks Solutions

Investors already enjoying strong gains in the year may want to look at these short-term stocks to buy heading into the new year. The post 7 Short-Term Stocks To Buy for a Happy New Year   appeared first on InvestorPlace.

7 Short-Term Stocks To Buy for a Happy New Year  

Brookfield Infrastructure Partners L.P.

United Rentals

There are great infrastructure stocks out there if you know where to look.

3 Top Infrastructure Stocks to Buy in December

Magellan Midstream Partners

Shell Midstream Partners LP

First Pacific Advisors (Trades, Portfolio) recently released its portfolio updates for the third quarter of 2020, which ended on Sept. 30.

First Pacific Advisors' Low-Key 3rd-Quarter Buys

CACI

Nova Measuring Instruments

Want to invest like Warren Buffett (Trades, Portfolio) and Charlie Munger (Trades, Portfolio)? One approach would be to buy what they buy, after the fact (even though we may not be able to get the same prices as they did).

4 Additions to the Buffett-Munger List

CORAL GABLES, Fla., Nov. 24, 2020 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced that its senior management will be participating in a fireside chat during the 8th Annual Credit Suisse Virtual Industrials Conference on Wednesday, December 2nd, at approximately 9:30 a.m. ET....

MasTec Senior Management to Present at the Credit Suisse Industrials Conference

Canadian Solar

First Solar

Sunrun

SolarEdge Technologies

SunPower

Enphase Energy

Most solar stocks rose sharply in 2020, and the sector still holds promise for more gains, as demand accelerates next year. The post 7 Solar Stocks To Buy Hoping For A Bright New Year appeared first on InvestorPlace.

7 Solar Stocks To Buy Hoping For A Bright New Year

MasTec, Inc. (MTZ) CEO Jose Mas on Q3 2020 Results - Earnings Call Transcript

MasTec's (MTZ) third-quarter top line reflects solid performances by Electrical Transmission and Clean Energy and Infrastructure businesses.

MasTec (MTZ) Stock Down Even as Q3 Earnings Beat Estimates

MasTec (MTZ) delivered earnings and revenue surprises of 8.93% and -11.11%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

MasTec (MTZ) Q3 Earnings Top Estimates

CORAL GABLES, Fla., Oct. 29, 2020 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced better than expected third quarter 2020 financial results and updated its guidance for the remainder of 2020. Third quarter 2020 revenue was $1.7 billion, with third quarter cash flow from...

MasTec Announces Strong Third Quarter 2020 Earnings Results

CORAL GABLES, Fla., Oct. 16, 2020 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced that it will release results of operations for the quarter ended September 30, 2020 after the market closes on Thursday, October 29, 2020. Senior Management will also hold a conference call to...

MasTec Schedules Third Quarter 2020 Earnings Release and Conference Call

Why Investors Should Look At MasTec As A Clean Energy Growth Play

MasTec's (MTZ) subsidiary is set to bring unique mobile device repair services to more than 85% of the U.S. population with the help of Brightstar.

MasTec Joins Brightstar for Mobile Device Repair Services

MIAMI--(BUSINESS WIRE)--Insert after "MasTec North America Inc. (MasTec)" in the first paragraph, first sentence of release: (NYSE:MTZ). The updated release reads: BRIGHTSTAR CORP. AND MASTEC PARTNER TO BRING UNIQUE MOBILE DEVICE REPAIR SERVICES TO MORE THAN 85% OF THE U.S. POPULATION ‘We Come to You’ Service Combines Established Expertise, Resources and Technical Talent to Enhance Customer Choice and Convenience Brightstar Corp. (Brightstar), the global leader of end-to-end device lifecycle ma

INSERTING and REPLACING Brightstar Corp. and MasTec Partner to Bring Unique Mobile Device Repair Services to More Than 85% of the U.S. Population

Alamo Group

L. B. Foster

MYR Group

Primoris Services

Sterling Construction

My recent post might suggest I’m an anti-value representative of the dark side.

Value For A Growth-Obsessed World: 6 Infrastructure Plays

Strong backlog, major expansion in 5G, fiber expansion and buyouts are likely to help MasTec (MTZ) grow further. However, projects delays are a pressing concern.

MasTec Rides on Solid Backlog & 5G Deployment, Delays Hurt

CORAL GABLES, Fla., Sept. 8, 2020 /PRNewswire/ -- MasTec, Inc.

MasTec Senior Management to Present at the Morgan Stanley and DADCO Virtual Conferences

MasTec (MTZ) reported earnings 30 days ago. What's next for the stock?

News for MasTec Stock (MTZ)