MasTec, Inc. (MTZ) AI Stock Analysis

MasTec, Inc., headquartered in Coral Gables, Florida, is an infrastructure construction company providing engineering, building, installation, maintenance, and upgrade services across the United States and Canada. The company operates through Communications, Clean Energy and Infrastructure, Oil and Gas, Power Delivery, and Other segments. Its Communications unit builds underground and overhead distribution systems including trenches, conduits, cell towers, and power lines for wireless and fiber connectivity. The Clean Energy and Infrastructure segment constructs renewable energy projects, pipeline transport systems, and industrial facilities. MasTec also installs electrical and gas transmission and distribution networks, power generation assets, home automation systems, and fiber optic cabling.

MasTec grew annual revenue from $7.95B in FY2021 to $14.30B in FY2025, delivering a 5-year revenue compound annual growth rate of 17.7%. Profitability has fluctuated over this period: operating margin was 5.2% in FY2021, fell to 1.3% in both FY2022 and FY2023, and recovered to 4.6% in FY2025 as net income reached $399.0M. In FY2023, the business recorded a net loss of -$49.9M before rebounding to $162.8M in net income in FY2024. For the latest quarter ended June 30, 2026, quarterly revenue grew 23.4% year-over-year, while quarterly earnings growth reached 51.4%, bringing trailing twelve month revenue to $16.11B.

As of June 30, 2026, MasTec held $315.6M in cash and short-term investments against total debt of $3.24B, resulting in net debt of $2.92B. Shareholders' equity stood at $3.48B, representing a debt-to-equity ratio of 0.93 and a current ratio of 1.40. In FY2025, the company generated $545.7M in operating cash flow and $285.7M in free cash flow. Capital expenditures totaled $260.0M during FY2025, while share buybacks accounted for $77.3M. Over five years, the company's share count increased by 6.5%.

At $191.02, MasTec trades at a trailing price-to-earnings multiple of 30.5x, above the 24.8x median of its US-listed Industrials peers. Its forward price-to-earnings ratio is 18.1x compared to the peer median of 17.2x, while its enterprise value to EBITDA ratio stands at 27.2x against the peer median of 13.9x. The stock trades at a price-to-sales ratio of 1.0x and price-to-book of 5.0x. Over the past year, MTZ fell 6.1%, trailing the S&P 500's return of 16.8%, but its 5-year return of 121.4% outperformed the index's 83.0%.

Wall Street coverage includes 17 Strong Buy, 3 Buy, and 1 Hold ratings, with no Sell or Strong Sell ratings. The mean price target is $385.10, representing an upside of 101.6% over the last close of $191.02. For the fiscal year ending December 31, 2026, analysts estimate EPS of $9.28 on revenue of $18.20B. For the following fiscal year, 19 analysts project revenue of $21.49B and EPS of $12.38. MasTec beat EPS estimates in each of the last 4 quarters, and its next earnings date is October 29, 2026.

This page is an AI-written research summary of MasTec, Inc. (MTZ). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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