FY2025 · ended Dec 31, 2025 · Revenue $14.30B, +16.2% YoY · Filed Feb 26, 2026
MasTec, Inc. (MTZ) files with the SEC under industry code 1623, Water, Sewer, Pipeline, Comm & Power Line Construction. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $14.3 billion and net income of $399.0 million. Free cash flow was $285.7 million. As of Sep 30, 2026 it held $481.8 million in cash and investments and $4.5 billion in total debt.
Revenue (TTM)
$17.29B
+25.7% vs year-ago TTM
Net income (TTM)
$484.24M
+46.3% vs year-ago TTM
Operating cash flow (TTM)
$760.51M
+18.0% vs year-ago TTM
Free cash flow (TTM)
$404.63M
-2.9% vs year-ago TTM
EPS (TTM)
$6.13
+45.8% vs year-ago TTM
Dividend per share
None
Shares outstanding
78.89M
-0.5% vs prior year
Net cash
$-4.04B
as of Sep 30, 2026
Operating margin
—
Company profile
- Industry
- Water, Sewer, Pipeline, Comm & Power Line Construction (SIC 1623)
- Listed as
- MTZ (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- FL
- Headquarters
- Coral Gables, FL
- SEC filer status
- Large accelerated filer
- SEC CIK
- 15615
- Former names
- BURNUP & SIMS INC (until May 13, 1994)
Other Water, Sewer, Pipeline, Comm & Power Line Construction companies
- Dycom Industries Inc DY
- Myr Group Inc. MYRG
- Primoris Services Corp PRIM
- Preformed Line Products Co PLPC
- ITG, Inc./DE/ ITG
- Rantizo RNTZ
- Energy Services of America CORP ESOA
All 8 Water, Sewer, Pipeline, Comm & Power Line Construction companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $14.3B | $12.3B | $12.0B | $9.8B | $8.0B |
| Net income | $399.0M | $162.8M | -$49.9M | $33.4M | $328.8M |
| Diluted EPS | $5.07 | $2.06 | -$0.64 | $0.42 | $4.45 |
| Operating cash flow | $545.7M | $1.1B | $687.3M | $352.3M | $793.1M |
| Free cash flow | $285.7M | $972.8M | $494.3M | $88.9M | $623.0M |
| Total assets | $9.9B | $9.0B | $9.4B | $9.3B | $7.1B |
| Total liabilities | $6.6B | $6.0B | $6.7B | $6.6B | $4.6B |
| Stockholders' equity | $3.3B | $2.9B | $2.7B | $2.7B | $2.5B |
| Cash and investments | $396.0M | $399.9M | $529.6M | $370.6M | $360.7M |
| Total debt | $2.6B | $2.4B | $3.3B | $3.3B | $2.1B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Oct 29, 2026 | Oct 29, 2026 |
| 10-Q | Quarterly report | Oct 29, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Material agreement, New debt
|
Aug 17, 2026 | Aug 17, 2026 |
| 8-K |
Current report
Material agreement, Other events
|
Aug 10, 2026 | Aug 6, 2026 |
| 8-K | Current report | Jul 31, 2026 | Jul 31, 2026 |
| 8-K |
Current report
Results of operations, Officer or director change, Regulation FD disclosure
|
Jul 30, 2026 | Jul 24, 2026 |
All 1006 MasTec, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.