MTZ on NYSE

MasTec

Infrastructure and construction company

Mastec, Inc. is an American infrastructure engineering and construction company based in Coral Gables, Florida. The company provides engineering, building, installation, maintenance and upgrade of energy, utility and communications infrastructure. Its customers are primarily in the utility, communications and government industries.3 Its shares trade on NYSE under the symbol MTZ.1 Wikipedia text CC BY-SA 4.0

$190.79 down 0.84 (0.44%)Price as of Oct 16, 2026 at 19:58 UTC

Last updated Oct 21, 2026.

Overview

Mar 11, 1994Founded1

Compare with Primoris Services Corporation, DYCOM INDUSTRIES INC or MYR GROUP INC., or pick any stock.

  • TickerMTZ on NYSE1
  • Industryconstruction1
  • HeadquartersCoral Gables1
  • Websitewww.mastec.com
  • Incorporated inFL6
  • Business address800 S. Douglas Road, 10Th Floor, Coral Gables, Fl 331346
  • Filer categoryLarge accelerated filer6
  • Legal formCorporation4
  • LEI549300TMDIT8WREDOF454
  • StatusActive4
  • LEI statusLapsed (not renewed)4
  • Registered addressC/O CORPORATION SERVICE COMPANY, 32301 Tallahassee, United States4
  • Registered withFlorida Division of Corporations, P980000326904

Mastec, Inc. is an American infrastructure engineering and construction company based in Coral Gables, Florida. The company provides engineering, building, installation, maintenance and upgrade of energy, utility and communications infrastructure. Its customers are primarily in the utility, communications and government industries.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

2.8%Net margin9
16.2%Revenue growth, 20259
12.2%Return on equity9

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Clean Energy and Infrastructure brought in 33% of the revenue MasTec broke down this way in fiscal 2025.

  1. Clean Energy and Infrastructure$4.7B933%up 15% from 2024
  2. Power Delivery$4.2B929%up 16% from 2024
  3. Communications$3.3B923%up 32% from 2024
  4. Pipeline Infrastructure$2.1B915%up 0% from 2024
Business segments by year
Business segments202320242025
Clean Energy and Infrastructure$4.0B$4.1B$4.7B
Power Delivery$3.6B$3.6B$4.2B
Communications$2.4B$2.5B$3.3B
Pipeline Infrastructure$2.1B$2.1B$2.1B

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Other costs97¢$13.8B
  • Income tax1¢$93.4M
  • Profit3¢$399.0M

Out of $14.3B in revenue.9

Where each dollar of operating cash went, fiscal 2025

  • Share buybacks14¢$77.3M
  • Kept or used elsewhere86¢$468.4M

Out of $545.7M of cash from operations.9

Financial statements

Revenue101112139$14.3B in 2025+99% since 2019
0$5.0B$10.0B$15.0B2019: $7.2B$7.2B20192020: $6.3B$6.3B2020−12%2021: $8.0B$8.0B2021+26%2022: $9.8B$9.8B2022+23%2023: $12.0B$12.0B2023+23%2024: $12.3B$12.3B2024+3%2025: $14.3B$14.3B2025+16%
Net income101112139$399.0M in 2025+2% since 2019
-$200.0M0$200.0M$400.0M2019: $392.3M$392.3M20192020: $322.8M$322.8M2020−18%2021: $328.8M$328.8M2021+2%2022: $33.4M$33.4M2022−90%2023: -$49.9M-$49.9M20232024: $162.8M$162.8M20242025: $399.0M$399.0M2025+145%

Every line of the income statement as filed: the last 3 fiscal years, latest first.9

Period ending2025-12-312024-12-312023-12-31
Revenue$14.3B$12.3B$12.0B
Costs of revenue, excluding depreciation and amortization$12.5B$10.7B$10.6B
Depreciation$295.9M$366.8M$433.9M
Amortization of intangible assets$131.2M$139.9M$169.2M
General and administrative expenses$713.0M$684.5M$698.9M
Interest expense, net$173.0M$193.3M$234.4M
Equity in earnings of unconsolidated affiliates, net-$32.0M-$30.2M-$30.7M
Loss on extinguishment of debt$0$11.3M$0
Other (income) expense, net-$3.8M$11.0M-$40.9M
Income (loss) before income taxes$515.4M$251.0M-$82.7M
(Provision for) benefit from income taxes-$93.4M-$51.5M$35.4M
Net income (loss)$422.0M$199.4M-$47.3M
Net income attributable to non-controlling interests$23.0M$36.6M$2.7M
Net income (loss) attributable to MasTec, Inc.$399.0M$162.8M-$49.9M
Basic earnings (loss) per share (in dollars per share)$5.12$2.09-$0.64
Basic weighted average common shares outstanding (in shares)77.9M shares78.0M shares77.5M shares
Diluted earnings (loss) per share (in dollars per share)$5.07$2.06-$0.64
Diluted weighted average common shares outstanding (in shares)78.7M shares78.9M shares77.5M shares

Compare MasTec with another company

Corporate structure

MasTec sits at the top of its group. 191 entities, 9 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of MasTec

  • Jose Ramon Mas Filed SCHEDULE 13D/A on MasTec, latest Aug 13, 2026 (4 filings since Jan 13, 2023)
  • MAS JORGE Filed SCHEDULE 13D/A on MasTec, latest Aug 13, 2026 (4 filings since Jan 13, 2023)
  • BlackRock Filed SCHEDULE 13G/A on MasTec, latest Jul 29, 2026 (6 filings since Feb 1, 2022)
  • VANGUARD GROUP INC Filed SCHEDULE 13G/A on MasTec, latest Mar 27, 2026 (4 filings since Feb 10, 2022)
  • NORDEA INVESTMENT MANAGEMENT AB Filed SCHEDULE 13G on MasTec, latest Nov 5, 2024 (2 filings since Feb 6, 2024)
  • Macquarie Group Filed SC 13G/A on MasTec, latest Feb 11, 2022
  • MasTec Coral Gables, Florida, United States
    • American Virtual Cloud Technologies, Inc. Stake · Atlanta, Georgia
    • A-1 Excavating, LLC Subsidiary · Wisconsin, United States
    • A-1 Express Trucking, LLC Subsidiary · Wisconsin, United States
    • A1 Traffic Control & Safety, LLC Subsidiary · Colorado, United States
    • Acietel Mexicana, S.A. Subsidiary · Mexico
    • Aidco de Mexico, S.A. de C.V. Subsidiary · Mexico
    • American Civil Constructors West Coast, LLC Subsidiary · California, United States
    • American Civil Constructors, LLC ACC Mountain West Subsidiary · Colorado, United States
    • Bakken Aggregates, LLC Subsidiary · Arizona, United States
    • Belividere Stone, LLC Subsidiary · Illinois, United States
    • Bianchi Electric, LLC Subsidiary · Delaware, United States
    • Biggs Construction Company, Inc. Subsidiary · Virginia, United States
    • BLDM – Precision, LLC Subsidiary · Puerto Rico, United States
    • Bottom Line Services, LLC Subsidiary · Delaware, United States
    • Broadband Access Services, Inc. Subsidiary · New Hampshire, United States
    • Byers Engineering Company Byers Technical Services, Inc. Subsidiary · Georgia, United States
    • C&T Insurance Company Subsidiary · Vermont, United States
    • Casey Industrial, Inc. Subsidiary · Oregon, United States
    • Cash Construction Company, Inc. Subsidiary · Texas, United States
    • CCM Investment Holding Co. Subsidiary · Florida, United States
    • CE&I Services, LLC Subsidiary · Florida, United States
    • Church & Tower, Inc. Subsidiary · Florida, United States
    • CIDE Engenharia, Ltda. Subsidiary · Brazil
    • CJ 320, LLC Subsidiary · Arizona, United States
    • Condotte America Industrial Properties, LLC Subsidiary · Florida, United States
    • and 165 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G; stakes of 5% or more it reported on Schedules 13D and 13G (1 companies). Each entity in the chart links to its source.

What it owns

What MasTec reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Computer equipment and software$247.2M9 Dec 31, 2025$228.2M9 Dec 31, 2024+8.3%
Finance-lease assets$560.1M9 Dec 31, 2025$473.0M9 Dec 31, 2024+18.4%
Operating-lease assets (leased space)$457.3M9 Dec 31, 2025$396.2M9 Dec 31, 2024+15.4%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$396.0M9 Dec 31, 2025$399.9M9 Dec 31, 2024−1.0%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$2.2B9 Dec 31, 2025$2.2B9 Dec 31, 2024+2.1%
Intangible assets, net (excluding goodwill)$656.2M9 Dec 31, 2025$727.4M9 Dec 31, 2024−9.8%
Finite-lived intangibles, net$656.2M9 Dec 31, 2025$727.4M13 Dec 31, 2024−9.8%

Inventory

ItemLatestA year beforeChange
Inventory, total$112.5M9 Dec 31, 2025$107.3M9 Dec 31, 2024+4.8%

Properties, in its own words

Our operations are conducted from different locations, primarily within the United States and Canada, including our corporate headquarters located in Coral Gables, Florida. Substantially all of these properties, including our corporate headquarters, are leased facilities, none of which is material to our operations. We believe that our existing facilities are adequate for our current and planned levels of operation.

Item 2 of the 10-K filed Feb 26, 2026.17

The story

Early 1900s: Beginning as Burnup & Sims

The company was formed by the merger of two separate companies: Burnup & Sims and Church & Tower. Burnup & Sims was the oldest of the two founding companies and was founded in 1929 by two unemployed carpenters, Russell Burnup and Riley V. Sims, to provide design, construction, and maintenance services to the telephone and utilities industries. During the years of the Great Depression, the two established an office in West Palm Beach, Florida, and by 1936, had a small fleet of trucks and staff. The company's first telecommunications projects were undertaken the following year at Cape Canaveral, where it was responsible for burying 85 miles of cable.

B&S contributed to national defense during World War II by building airfields and telephone systems. After the war, the company became involved in the laying of underwater cable from Florida to Puerto Rico, and from there to Barbados, for such companies as AT&T and General Telephone. Projects then took on a greater geographical scope, as B&S established underground telecommunications systems and built radio towers in Costa Rica, Barbados, Trinidad-Tobago, and Venezuela.

1960s: Church & Tower is formed

Founded in Cuba, Church & Tower incorporated in Miami, Florida, in 1968 to construct and service telephone networks in Puerto Rico and Miami. When it overextended itself in Puerto Rico and could not build the telephone-infrastructure networks needed in Miami, the company's owner asked his friend, Cuban immigrant Jorge Mas Canosa, to help save the business. In exchange for half ownership of CTF, Mas Canosa began to manage the company in 1969.

Eager to improve the business, Mas Canosa climbed down into ditches, manholes, and trenches to observe workers’ construction methods. He listened to advice from telephone-companies and government inspectors; he studied books about the most efficient and newest construction methods. BellSouth Telecommunications, Inc. awarded Church & Tower a long-term contract for projects in the greater Miami and Fort Lauderdale areas. By 1971, Mas Canosa had turned the failing company around; he then borrowed $50,000 and bought the remaining shares of the firm.

1990s: Founding of MasTec

On March 11, 1994, Church & Tower Group acquired 65 percent of the outstanding common stock of publicly traded Burnup & Sims, Inc. The name of Burnup & Sims was changed to MasTec, Inc., Jorge Mas Canosa became MasTec's chairman and his son, Jorge Mas, was named president and chief executive officer. Mastec was now regarded as a “minority business enterprise,” publicly traded on NASDAQ under the symbol MTZ.

21st century

In April 2007, Jose Mas became CEO of MasTec. MasTec, Inc. earned total revenues of $3B in 2011 and, in addition to the MasTec brand, works under the following brand names: Wanzek, Power Partners, Precision Pipeline, Pumpco, nsoro, Advanced Technologies, ADVent, EC Source, Fabcor, Cam Communications, 3 PhaseLine, Optima Network Services, White Construction, and Globetec.

During 2024, MasTec completed three acquisitions. These included a construction company specializing in underground utility infrastructure and datacenter utility systems, a heavy civil contractor focused on transportation projects, and a company specializing in pipeline infrastructure and heavy civil projects. MasTec said the acquisitions were intended to expand its capabilities in datacenter, heavy civil, and pipeline infrastructure.

MasTec completed several smaller acquisitions during 2025, including companies involved in telecommunications construction, roadway infrastructure, construction management and design-build services, and home installation services. The aggregate purchase price of these acquisitions consisted of approximately $87 million in cash, net of cash acquired, together with an earn-out liability valued at $13 million.

From Wikipedia’s article on MasTec, shared under CC BY-SA 4.0.7

Leadership

Who has led MasTec, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (26)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • Executive OfficerAlberto de Cardenas named Oct 8, 2025 to Jul 24, 202648

Products and brands

MasTec completed the Willows, California, solar power facility in May 2011. The 380kv system consists of 58 Dual Axis trackers with 24 PV Modules mounted to each tracker. The system will provide power to the city's waste water treatment plant.

From Wikipedia’s article on MasTec, shared under CC BY-SA 4.0.7

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • A-1 Excavating, LLC Wisconsin8
  • A-1 Express Trucking, LLC Wisconsin8
  • A1 Traffic Control & Safety, LLC Colorado8
  • Acietel Mexicana, S.A. Mexico8
  • Aidco de Mexico, S.A. de C.V. Mexico8
  • American Civil Constructors West Coast, LLC California8
  • American Civil Constructors, LLC ACC Mountain West Colorado8
  • BLDM – Precision, LLC Puerto Rico8
  • Bakken Aggregates, LLC Arizona8
  • Belividere Stone, LLC Illinois8
  • Bianchi Electric, LLC Delaware8
  • Biggs Construction Company, Inc. Virginia8
  • Bottom Line Services, LLC Delaware8
  • Broadband Access Services, Inc. New Hampshire8
  • Byers Engineering Company Byers Technical Services, Inc. Georgia8
  • C&T Insurance Company Vermont8
  • CCM Investment Holding Co. Florida8
  • CE&I Services, LLC Florida8
  • CIDE Engenharia, Ltda. Brazil8
  • CJ 320, LLC Arizona8
  • Casey Industrial, Inc. Oregon8
  • Cash Construction Company, Inc. Texas8
  • Church & Tower, Inc. Florida8
  • Condotte America Industrial Properties, LLC Florida8
All 189 listed subsidiaries
  • Condotte America Properties, LLC Florida8
  • Condotte de Moya JV Florida8
  • Condotte – Ryan JV Florida8
  • Confluence Networks, LLC Florida8
  • Consolidated Construction Solutions I, LLC Delaware8
  • Consolidated Construction Solutions II, LLC Delaware8
  • DPK, LLC Delaware8
  • Decisive Communications, Inc. Maryland8
  • EC Source Services, LLC Florida8
  • ECS West, LLC Florida8
  • East State Stone, LLC Delaware8
  • Energy Erectors, Inc. Florida8
  • Environmental Contractors, LLC Illinois8
  • Environmental and Dewatering Solutions, LLC Florida8
  • FNF Construction, Inc. Arizona8
  • FNF New Mexico, LLC New Mexico8
  • Florence 80, LLC Arizona8
  • Foothills Energy Services, Inc. Colorado8
  • Forest City Logistics, LLC Delaware8
  • GGI Constructors JV Florida8
  • H&M Shared Services, Inc. Pennsylvania8
  • H.B. White Canada Corp. Canada8
  • HMSS Realty Co., LLC Pennsylvania8
  • Hanging H Companies, LLC Colorado8
  • Henkels & McCoy Holdings, Inc. Pennsylvania8
  • Henkels & McCoy West, LLC Florida8
  • Henkels & McCoy, Inc. Pennsylvania8
  • IEA Constructors, LLC Wisconsin8
  • IEA Energy Services, LLC Delaware8
  • IEA Engineering North Carolina, LLC North Carolina8
  • IEA Engineering, LLC Michigan8
  • IEA Equipment Management, LLC Delaware8
  • IEA Intermediate Holdco, LLC Delaware8
  • IEA Management Services, Inc. Delaware8
  • Illinois CCDD Operating Co., LLC Illinois8
  • Infrastructure Development Holdings, Inc. Arizona8
  • Infrastructure Holdings Corporation Delaware8
  • Infrastructure and Energy Alternatives, Inc. Delaware8
  • Intren West, LLC Florida8
  • Intren, LLC L2 Construction Management Solutions Trench-It Illinois8
  • JRD Texas, LLC Maslonka Powerline Services Texas8
  • John's Stone, LLC Delaware8
  • Johnston Quarry Holdings, LLC Delaware8
  • Kingsley Constructors, Inc. Texas8
  • Lemartec Corporation Florida8
  • Lemartec PR Corporation Puerto Rico8
  • Lemartec USVI, Inc. U.S. Virgin Islands8
  • MBS Investors, LLC Pennsylvania8
  • MCC Investment and Holdings, LLC Florida8
  • MNS South, LLC Florida8
  • MP Drilling Holdings, LLC Florida8
  • MSTEC Enterprises Mexico Mexico8
  • MTCO Energias de Mexico, S. de R.L. de C.V. Mexico8
  • MTZ Energias S. de R.L. de C.V. Mexico8
  • MTZ Enterprises, S. de R.L. de C.V. Mexico8
  • MTZ Purnell, Inc. Canada8
  • MasCo PR, LLC Puerto Rico8
  • MasTec Brasil S/A Brazil8
  • MasTec Brazil I, Inc. Florida8
  • MasTec Brazil II, Inc. Florida8
  • MasTec Canadian Holdco, Inc. Canada8
  • MasTec Caribbean PR, LLC Puerto Rico8
  • MasTec Civil Constructors, LLC Florida8
  • MasTec Civil, LLC Condotte America, LLC Florida8
  • MasTec Comanche, LLC Florida8
  • MasTec Condotte Holdings, LLC Florida8
  • MasTec ETS Service Company, LLC Florida8
  • MasTec EV Solutions, LLC Delaware8
  • MasTec Engineering Corp. Michigan8
  • MasTec Foreign Holdings, LLC Florida8
  • MasTec India Holdings, LLC Florida8
  • MasTec Industrial Corp. MasTec Power Corp. Florida8
  • MasTec Infraestructuras de Mexico, S. de R.L. de C.V. Mexico8
  • MasTec Infrastructure Holdings, LLC Florida8
  • MasTec International, LLC Florida8
  • MasTec Latin America Holdings, LLC Delaware8
  • MasTec Latin America, Inc. Delaware8
  • MasTec Mexico Foreign Holdings, LLC Florida8
  • MasTec Mexico Holding Company, LLC MasTec Crane & Equipment Services, Inc. MasTec Mexico Holding Company, Inc. Florida8
  • MasTec Network Services Colombia S.A.S. Colombia8
  • MasTec Network Solutions Puerto Rico, Inc. Puerto Rico8
  • MasTec Network Solutions, Inc. Nsoro MasTec, Inc. Florida8
  • MasTec Network Solutions, LLC Nsoro Acquisition, LLC Nsoro MasTec, LLC Florida8
  • MasTec North America, Inc. Florida8
  • MasTec Nsoro Procurement Company, LLC Florida8
  • MasTec Participacoes Do Brasil LTDA Brazil8
  • MasTec Philippines, LLC Florida8
  • MasTec Pipeline Argentina, LLC Florida8
  • MasTec Pipeline Holdings, LLC Florida8
  • MasTec Precision, LLC Puerto Rico8
  • MasTec Property Holdings, LLC Nevada8
  • MasTec Puerto Rico Engineering Services Holding, LLP Florida8
  • MasTec Puerto Rico Holdings, LLC Puerto Rico8
  • MasTec Purnell Canada, Inc. Canada8
  • MasTec Quadgen Wireless, LLP India8
  • MasTec Renewables Construction Company, Inc. Florida8
  • MasTec Renewables Puerto Rico, LLC Puerto Rico8
  • MasTec Services Company, Inc. Central America Construction, Inc. Florida8
  • MasTec Servicios Publicos Soterrados, S. de R. L. Panama8
  • MasTec Solutions Puerto Rico, LLC Puerto Rico8
  • MasTec Spain, Inc. Florida8
  • MasTec TPP, LLC Florida8
  • MasTec Utility Services, LLC Florida8
  • MasTec Venezuela, Inc. Florida8
  • MasTec West, LLC Delaware8
  • MasTec Wireless Services, LLC MasTec North America AC, LLC Nsoro Construction Services, LLC Florida8
  • Masco Energy Holdings, LLC Florida8
  • Meadow Valley Trucking, Inc. Nevada8
  • Mulford Stone, LLC Delaware8
  • NALL Communications, LLC Washington8
  • NV2A Bahamas, LLC Bahamas8
  • NV2A Construction, LLC Florida8
  • NV2A Group, LLC Florida8
  • NV2A Infrastructure, LLC Florida8
  • New A-1 Express, LLC Texas8
  • New A-1 Power, LLC Wisconsin8
  • New Stout Excavating Group Texas, LLC Texas8
  • New Stout Excavating Group, LLC Wisconsin8
  • Nsoro MasTec India Private, Ltd. India8
  • Nsoro MasTec International, Inc. Nevada8
  • PPMASI Klamath I, LLC Delaware8
  • Phoenix Industrial, Inc. Washington8
  • Porter Brothers, LLC Illinois8
  • Porter's Stone, LLC Delaware8
  • Precision Acquisition, LLC Wisconsin8
  • Precision Aggregate Products, LLC Nevada8
  • Precision Dewatering, LLC Florida8
  • Precision Engineering Solutions, LLC Florida8
  • Precision Fabrication Services, LLC Florida8
  • Precision Infrastructure, LLC Florida8
  • Precision Pipeline, LLC Wisconsin8
  • Precision Transport Company, LLC Wisconsin8
  • Precision West, LLC Florida8
  • Pretec Directional Drilling, LLC Florida8
  • Pumpco, Inc. Texas8
  • Quadgen Wireless Solutions, Inc. Delaware8
  • R&J Leasing, Inc. New Hampshire8
  • R.J. Carroll Company, LLC Texas8
  • Ragnar Benson, LLC Illinois8
  • Rhino Cable Services, Inc. Pennsylvania8
  • Rockford Blacktop Construction Co., LLC Illinois8
  • SEFNCO Communications, Inc. Washington8
  • SUS Holdings, LLC Florida8
  • Saiia Construction Company, LLC Delaware8
  • Saiia Holdings, LLC Delaware8
  • Sequoia Utility Services, LLC Florida8
  • Shade Tree Service Company Missouri8
  • Stout Construction, LLC Wisconsin8
  • Stout Trucking, LLC Wisconsin8
  • Structors, Inc. Illinois8
  • Support Operations Services, LLC Florida8
  • T & D Power, Inc. Nevada8
  • Thornton 40, LLC Arizona8
  • Three Phase Line Construction, Inc. New Hampshire8
  • Three-Way 28, LLC Arizona8
  • Union Real Estate, LLC Illinois8
  • Utility Services Group West, LLC Florida8
  • WYCO Field Services, LLC Wyoming8
  • Wanzek Construction, Inc. North Dakota8
  • White Construction Energy Services, LLC Delaware8
  • White Construction, LLC Indiana8
  • William Charles Construction Company, LLC Illinois8
  • William Charles Electric, LLC Delaware8
  • William Charles Purchasing, Inc. Illinois8
  • William Charles, Inc. Nevada8

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • BURNUP & SIMS INCJan 20, 1994 to May 13, 19946

Timeline

  1. Aug 17, 20268-K Entered a material agreement; New debt or obligation49
  2. Aug 10, 20268-K Entered a material agreement; Other events50
  3. Jul 31, 20268-K Financial statements and exhibits51
  4. Jul 30, 20268-K Results of operations; Executive or director change; Regulation FD disclosure52
  5. Jul 20, 20268-K New debt or obligation53
  6. Jul 7, 20268-K Entered a material agreement; New debt or obligation; Unregistered sale of shares54
  7. May 22, 20268-K Shareholder vote55
  8. Apr 30, 20268-K Results of operations; Regulation FD disclosure56
  9. Feb 26, 20268-K Results of operations; Regulation FD disclosure57
  10. Oct 30, 20258-K Results of operations; Regulation FD disclosure58
  11. Aug 27, 20258-K Financial statements and exhibits59
  12. Jul 31, 20258-K Results of operations; Regulation FD disclosure60
  13. Nov 13, 2007New chief executive Jose Ramon Mas becomes CEO18
  14. Aug 18, 2003New chief executive Austin J. Shanfelter becomes CEO19
  15. Feb 14, 1997Went public Listed on NYSE1
  16. Mar 11, 1994Founded Founded1

Calendar

Coming up

  1. Oct 29, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported $2.36 a share, on Oct 30, 2025.61

When it reported results

  1. Jul 30, 2026Reported quarterly or annual results52
  2. Apr 30, 2026Reported quarterly or annual results56
  3. Feb 26, 2026Reported quarterly or annual results57
  4. Oct 30, 2025Reported quarterly or annual results58
  5. Jul 31, 2025Reported quarterly or annual results60
  6. May 2, 2025Reported quarterly or annual results62
  7. Feb 28, 2025Reported quarterly or annual results63
  8. Oct 31, 2024Reported quarterly or annual results64

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

402 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 60 major events, 218 insider forms, 21 large holders, 4 private raises, 79 other. The latest 20:

  1. Aug 18, 20264 EDGAR
  2. Aug 18, 20264 EDGAR
  3. Aug 18, 20264 EDGAR
  4. Aug 18, 20264 EDGAR
  5. Aug 18, 20264 EDGAR
  6. Aug 18, 20264 EDGAR
  7. Aug 18, 20264 EDGAR
  8. Aug 18, 20264 EDGAR
  9. Aug 17, 20268-K EDGAR
  10. Aug 13, 2026SCHEDULE 13D/A EDGAR
  11. Aug 13, 2026SCHEDULE 13D/A EDGAR
  12. Aug 13, 20264 EDGAR
  13. Aug 13, 20264 EDGAR
  14. Aug 10, 20268-K EDGAR
  15. Aug 10, 2026424B5 EDGAR
  16. Aug 6, 2026FWP EDGAR
  17. Aug 6, 2026424B5 EDGAR
  18. Aug 3, 20263 EDGAR
  19. Jul 31, 20268-K EDGAR
  20. Jul 31, 2026424B7 EDGAR

The 402 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

30 open-market trades by officers, directors and large owners since October 2021: 0 buys and 30 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jun 3, 2026Csiszar Ernst NDirectorSale6,500$371.17$2.4MForm 4
May 4, 2026Campbell C RobertDirectorSale3,000$417.00$1.3MForm 4
Mar 25, 2026Palomarez Javier AlbertoDirectorSale950$325.43$309.2KForm 4
Mar 3, 2026Csiszar Ernst NDirectorSale6,500$300.40$2.0MForm 4
Nov 3, 2025Love Timothy MichaelCAOSale1,929$206.15$397.7KForm 4
Sep 29, 2025Campbell C RobertDirectorSale2,000$210.39$420.8KForm 4
Sep 18, 2025Apple Robert ECOOSale10,000$200.44$2.0MForm 4
Sep 11, 2025Campbell C RobertDirectorSale3,000$190.39$571.2KForm 4
Aug 5, 2025de Cardenas AlbertoEVP, General CounselSale10,000$180.69$1.8MForm 4
Jul 16, 2025Apple Robert ECOOSale10,000$175.00$1.8MForm 4
May 13, 2025Campbell C RobertDirectorSale2,000$155.00$310.0KForm 4
May 12, 2025Campbell C RobertDirectorSale3,000$153.89$461.7KForm 4
Mar 24, 2025Csiszar Ernst NDirectorSale2,517$131.63$331.3KForm 4
Dec 4, 2024Palomarez Javier AlbertoDirectorSale200$143.00$28.6KForm 4
Nov 26, 2024Apple Robert ECOOSale10,000$150.00$1.5MForm 4
Nov 26, 2024Campbell C RobertDirectorSale3,000$145.00$435.0KForm 4
Nov 11, 2024Campbell C RobertDirectorSale3,000$145.41$436.2KForm 4
Nov 6, 2024Love Timothy MichaelCAOSale600$140.81$84.5KForm 4
Nov 1, 2024Apple Robert ECOOSale19,023$135.63$2.6MForm 4
Oct 8, 2024Apple Robert ECOOSale177$130.00$23.0KForm 4

All 30 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Stakes it holds

MasTec has told the SEC it owns more than 5% of 1 company, latest first (Schedules 13D and 13G).

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Jose R. MasCEO54$1.2M$11.5M72
2025Robert AppleCOO76$792.7K$5.7M72
2025Paul DiMarcoEVP and CFO47$585.4K$4.5M72
2025Alberto de CardenasEVP, General Counsel and Secretary57$542.7K$3.1M72
2024Jose R. MasCEO54$1.2M$10.8M72
2024Robert AppleCOO76$769.2K$5.3M72
2024Paul DiMarcoEVP and CFO47$538.5K$4.0M72
2024Alberto de CardenasEVP, General Counsel and Secretary57$518.1K$2.9M72
2023Jose R. MasCEO54$1.2M$9.6M72
2023Robert AppleCOO76$737.3K$4.7M72
2023Paul DiMarcoEVP and CFO47$456.7K$3.4M72
2023Alberto de CardenasEVP, General Counsel and Secretary57$486.5K$2.6M72

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Jul 20, 2026Raised $484.4 million in a private offering of equity Form D: 5 investors so far Form D
  2. Dec 30, 2021Raised $194.4 million in a private offering of equity Form D: 102 investors so far Form D

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.7,638,487$3.2B0.0%+328,878
Peconic Partners LLC3,678,431$1.5B20.3%+100,000
Vanguard Capital Management LLC2,831,849$1.2B0.0%+27,554
Vanguard Portfolio Management LLC2,812,131$1.2B0.1%+42,093
State Street Corp2,244,771$934.0M0.0%+374,983
Hill City Capital, LP2,155,000$896.6M20.9%No change
Jpmorgan Chase & Co1,318,161$566.8M0.0%+1,116,159
Lone Pine Capital LLC1,345,157$559.7M3.4%−185,893
Bank Of America Corp /de/1,335,924$555.8M0.0%+5,858
First Trust Advisors LP1,328,399$552.7M0.3%−83,185
Geode Capital Management, LLC1,278,139$530.4M0.0%−93,770
Invesco Ltd.1,241,384$516.5M0.0%+15,627
Victory Capital Management Inc1,210,079$503.5M0.3%−382,444
Hood River Capital Management LLC1,173,918$488.4M3.5%−121,467
Fmr LLC890,103$370.3M0.0%+262,202
Ameriprise Financial Inc734,976$305.8M0.1%+503,180
Bank of New York Mellon Corp674,288$280.5M0.0%+18,184
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.660,440$274.8M0.3%+55,763
Aqr Capital Management LLC657,603$273.6M0.1%−2,451
Morgan Stanley653,503$271.9M0.0%+66,760
Dimensional Fund Advisors LP636,286$264.8M0.0%−95,364
Electron Capital Partners, LLC620,190$258.0M10.3%−92,823
Canada Pension Plan Investment Board619,910$257.9M0.1%−19,054
Charles Schwab Investment Management Inc551,319$229.4M0.0%+40,076
Goldman Sachs Group Inc542,636$225.8M0.0%+68,122

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

11 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Aug 21, 2026Thomas H. Kean, Jr.Republican, HouseBuy$1,001 - $15,000−28.8%Report
Feb 4, 2026Markwayne Mullin, SenateSale$15,001 - $50,000+31.1%Report
Dec 18, 2025Markwayne Mullin, SenateSale$15,001 - $50,000+24.5%Report
Dec 18, 2025Markwayne Mullin, SenateSale$15,001 - $50,000+24.5%Report
Oct 31, 2025Lisa C. McClainRepublican, HouseSale$1,001 - $15,000+19.3%Report
Oct 30, 2025Lisa C. McClainRepublican, HouseBuy$1,001 - $15,000−24.0%Report
Oct 30, 2025Lisa C. McClainRepublican, HouseSale$1,001 - $15,000+24.0%Report
Jun 11, 2025Lisa C. McClainRepublican, HouseBuy$1,001 - $15,000−10.7%Report
Feb 3, 2025Markwayne Mullin, SenateBuy$1,001 - $15,000+6.2%Report
Jan 2, 2025Markwayne Mullin, SenateBuy$15,001 - $50,000+4.9%Report
Jan 2, 2025Markwayne Mullin, SenateBuy$15,001 - $50,000+4.9%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How MasTec is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARMASTEC INC2
  • CIK0000015615
  • Employer ID (EIN)65-082935517
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company17
  • Incorporated inFlorida17
  • Fiscal year endsDecember 312
  • Industry code (SIC)1623 Water, Sewer, Pipeline, Comm & Power Line Construction2
  • SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance2
  • Business address800 S. Douglas Road, 10Th Floor, Coral Gables, FL 331342
  • Phone30559918002
  • Shares outstanding80,304,948 as of Jul 27, 202615
  • Public float$10.3B as of Jun 30, 202517
  • AuditorPricewaterhouseCoopers LLP, Miami, Florida PCAOB ID 238; it also attests to the company’s internal control over financial reporting17
  • On EDGAR sinceJan 20, 19942
  • Filings1,736 in all: 4 (823), 8-K (265), 10-Q (99), SC 13G/A (59), CORRESP (38), 10-K (33), 11-K (33), DEF 14A (32)2
    All 60 form types

    4/A (27), UPLOAD (24), 144 (23), SC 13G (23), 3 (22), S-8 (19), DEFA14A (18), 425 (15), 8-K/A (15), SC 13D/A (11), 10-K/A (8), ARS (8), S-3ASR (8), 424B5 (7), NT 10-K (7), S-4 (7), 424B3 (6), FWP (6), S-3 (6), S-3/A (6), S-4/A (6), SC 13D (6), 424B1 (5), 424B2 (5), 424B7 (5), EFFECT (4), S-8 POS (4), SCHEDULE 13D/A (4), SCHEDULE 13G/A (4), 10-Q/A (3), 3/A (3), 5 (3), D (3), NT 10-Q (3), POS AM (3), PRE 14A (3), S-1/A (3), SC TO-I/A (3), 10-C (2), D/A (2), RW (2), SCHEDULE 13G (2), 11-K/A (1), 8-A12B (1), CT ORDER (1), DEFM14A (1), DEFR14A (1), PREM14A (1), PRER14A (1), REGDEX (1), S-1 (1), SC TO-I (1)

  • Latest filingsAnnual report (10-K) Feb 26, 2026
    Quarterly report (10-Q) Jul 30, 2026
    Proxy statement (DEF 14A) Apr 9, 2026
    Latest 8-K (8-K) Aug 17, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, $0.10 Par ValueMTZNew York Stock Exchange

From the cover page of the 10-K filed Feb 26, 2026 (Section 12(b) of the Exchange Act).17

Risk factors and legal proceedings

The risks MasTec names in Item 1A of its 10-K filed Feb 26, 2026: 33 risks under these headings, as written.17

  • Risks Related to the Industries We Serve
  • Tariff and trade actions by the United States and other countries could have a material adverse effect on our business, financial condition, and results of operations.
  • Unfavorable market conditions, including elevated levels of inflation and/or interest rates, supply chain disruptions, political regulatory or market uncertainty, including economic downturns and heightened geopolitical tensions and conflicts, could reduce capital expenditures in the industries we serve or could adversely affect our customers and result in decreased demand for our services.
  • The industries we serve are highly competitive and subject to rapid technological and regulatory changes, as well as customer consolidation, any of which could result in decreased demand for our services and adversely affect our results of operations, cash flows and liquidity.
  • An impairment of the financial condition of one or more of our customers due to adverse market or other conditions could hinder their ability to pay us on a timely basis.
  • Risks Related to Our Business and Operations
  • Our failure to properly manage projects, or project delays, including those resulting from difficult work sites and environments, permitting issues and the availability of materials or equipment could result in additional costs or claims, which could have a material adverse effect on our operating results, cash flows and liquidity.
  • Our business is seasonal and affected by the spending patterns of our customers, project schedules, weather conditions, climate-related events, regulatory matters, including timing of governmental permitting, and market conditions, all of which expose us to variations in quarterly results.
  • Our failure to recover adequately on claims against project owners, subcontractors or suppliers for payment or performance, or increases in warranty claims, could have a material adverse effect on our financial results.
  • We may not accurately estimate the costs associated with services provided under fixed price contracts, which could adversely affect our profitability, results of operations and cash flows.
  • Amounts included in our backlog may not result in actual revenue or translate into profits. Our backlog is subject to cancellation and unexpected adjustments and, therefore, is not necessarily an accurate representation of future operating results.
  • We maintain a workforce based upon current and anticipated workloads, and could incur significant costs and reduced profitability from underutilization of our workforce if the level of services we provide is significantly reduced, or if contract awards are delayed or not received.
The other 23 risks
  • We derive a significant portion of our revenue from a few customers, and the loss of one or more of these customers, or a reduction in their demand for our services, could impair our financial performance. In addition, many of our contracts, including our service agreements, do not obligate our customers to undertake any infrastructure projects or other work with us, and most of our contracts may be canceled on short or no advance notice.
  • If we are unable to attract and retain skilled and qualified employees and key personnel, we will be unable to operate efficiently, which could reduce our revenue, profitability and liquidity.
  • Our financial results are based, in part, upon estimates and assumptions that may differ from actual results.
  • We are self-insured against several potential liabilities.
  • In the ordinary course of our business, we are subject to lawsuits, indemnity or other claims, which could materially and adversely affect our business, results of operations and cash flows.
  • We rely on information, communications and data systems in our operations. Systems and information technology interruptions and/or data security breaches could adversely affect our ability to operate, our operating results, our data security or our reputation.
  • Our subcontractors and suppliers may fail or be unable to satisfy their obligations to us or other parties, or we may be unable to maintain these relationships, either of which could have a material adverse effect on our results of operations, cash flows and liquidity.
  • The use of a unionized workforce and any related obligations could subject us to liabilities that could adversely affect our liquidity, cash flows and results of operations.
  • We may have additional tax liabilities associated with our operations.
  • A failure of our internal control over financial reporting could materially affect our business.
  • Risks Related to Strategic Transactions and Foreign Operations
  • Acquisitions and strategic investments involve risks, including from integration of acquired businesses into our operations, which, if unsuccessful, could negatively affect our operating results, cash flows and liquidity and may not enhance shareholder value.
  • Our participation in strategic arrangements, including joint ventures and equity investments, exposes us to numerous risks.
  • Our operations in international markets, or future efforts to expand into additional international markets, may not be successful and could expose us to risks, including failure to comply with the U.S. Foreign Corrupt Practices Act and/or similar anti-bribery laws, which could harm our business and prospects.
  • Risks Related to Regulation and Compliance
  • A failure to comply with environmental laws could result in significant liabilities or harm our reputation, and new environmental laws or regulations could adversely affect our business.
  • Our operations could affect the environment or cause exposure to hazardous substances. In addition, our properties could have environmental contamination, which could result in material liabilities.
  • Our failure to comply with federal, state and local agencies that oversee compliance with safety and transportation regulations could reduce our revenue, profitability and liquidity.
  • We are subject to climate-related risks and risks associated with rapidly evolving regulatory and stakeholder focus and any related reporting obligations with respect to sustainability matters.
  • Risks Related to Financing Our Business
  • We have a significant amount of debt, including variable rate indebtedness, which could adversely affect our business, financial condition and results of operations, and our ability to access capital markets in the future. In addition, our debt contains restrictive covenants that may prevent us from engaging in transactions that might benefit us.
  • We may be unable to obtain sufficient bonding capacity to support certain service offerings, and the need for performance and surety bonds could reduce availability under our credit facility.
  • Risks Related to Our Common Stock
  • There may be future sales of our common stock or other dilution of our equity that could adversely affect the market price of our common stock and could dilute the ownership interests of our shareholders and/or lead to volatility in our common stock price.
  • The market price of our common stock has been, and may continue to be, highly volatile.
  • A small number of our existing shareholders have the ability to influence major corporate decisions.
  • Our articles of incorporation and certain provisions of Florida law contain anti-takeover provisions that may make it more difficult to effect a change in our control.

Legal proceedings

The information set forth in Note 15 - Commitments and Contingencies in the notes to the audited consolidated financial statements in Item 8 of this Form 10-K is incorporated by reference.

MasTec has elected to use a $1 million threshold for disclosing proceedings arising under federal, state or local environmental laws, which proceedings involve potential monetary sanctions, and in which a governmental authority is a party. MasTec believes proceedings under this threshold are not material to its business and financial condition.

The opening of Item 3, Legal Proceedings.17

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