MasTec Financial Statements
NYSE: MTZIndustrialsWater Sewer Pipeline Comm & Power Line ConstructionUSD
At close: Oct 9, 4:02 PM ET · Delayed 15 min
MasTec revenue and earnings
In fiscal 2025, MasTec generated $14.30 billion in revenue, up 16.2% from fiscal 2024, its 5th consecutive year of revenue growth. Net income was $399.0 million (+145.1% year over year), for a net margin of 2.8% versus a median of 1.3% in the prior 5 years. Gross margin was 12.5% (down from 13.2%).
Diluted earnings per share came in at $5.07, up from $2.06. Over the last 5 fiscal years, MTZ's revenue has grown at a 17.7% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
MasTec income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 14.30B | 12.30B | 12.00B | 9.78B | 7.95B | 6.32B | 7.18B | 6.91B | 6.61B | 5.13B |
| Revenue growth (YoY) | +16.22% | +2.56% | +22.68% | +22.97% | +25.80% | -12.00% | +3.96% | +4.58% | +28.67% | +22.01% |
| Cost of Revenue | 12.51B | 10.68B | 10.61B | 8.59B | 6.81B | 5.27B | 6.07B | 5.94B | 5.75B | — |
| Gross Profit | 1.79B | 1.63B | 1.38B | 1.19B | 1.15B | 1.05B | 1.11B | 970.11M | 861.67M | — |
| Interest Expense | 172.99M | 193.27M | 234.41M | 112.25M | — | — | — | — | — | — |
| Other Income (Expense) | 3.78M | -11.01M | 40.89M | 1.36M | 33.41M | 11.26M | -27.18M | 1.78M | 12.99M | 6.79M |
| Pretax Income | 515.40M | 250.96M | -82.70M | 43.06M | 430.07M | 425.16M | 510.94M | 365.30M | 371.83M | 225.82M |
| Income Tax | 93.38M | 51.54M | -35.41M | 9.17M | 99.35M | 102.47M | 116.84M | 106.07M | 22.94M | 91.78M |
| Net Income | 399.04M | 162.79M | -49.95M | 33.35M | 328.83M | 322.85M | 392.33M | 259.66M | 347.21M | 131.26M |
| Net Income growth (YoY) | +145.13% | — | -249.75% | -89.86% | +1.85% | -17.71% | +51.10% | -25.22% | +164.52% | — |
| EPS (Basic) | 5.12 | 2.09 | -0.64 | 0.45 | 4.54 | 4.43 | 5.22 | 3.30 | 4.29 | 1.63 |
| EPS (Diluted) | 5.07 | 2.06 | -0.64 | 0.42 | 4.45 | 4.38 | 5.17 | 3.26 | 4.22 | 1.61 |
| Shares Outstanding (Basic) | 77.87M | 78.05M | 77.53M | 74.92M | 72.50M | 72.80M | 75.19M | 78.69M | 80.90M | 80.37M |
| Shares Outstanding (Diluted) | 78.69M | 78.88M | 77.53M | 76.19M | 73.94M | 73.72M | 75.85M | 79.77M | 82.33M | 81.39M |
| Gross Margin | 12.54% | 13.23% | 11.52% | 12.19% | 14.41% | 16.61% | 15.49% | 14.04% | 13.04% | — |
| Net Margin | 2.79% | 132.00% | -42.00% | 34.00% | 4.14% | 5.11% | 5.46% | 3.76% | 5.26% | 2.56% |
This table shows 10 annual periods of MasTec's income statement, from FY 2025 back to FY 2016, across 14 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow MTZ's reporting calendar. What is a income statement?