MasTec Inc. (MTZ) Financial Statements (2026 and earlier)

Company Profile

Business Address 800 S. DOUGLAS ROAD
CORAL GABLES, FL 33134
State of Incorp. FL
Fiscal Year End December 31
Industry (SIC) 1623 - Water, Sewer, Pipeline, and Communications and Power Line Construction (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

3/31/2026
Q1
12/31/2025
Q4
9/30/2025
Q3
6/30/2025
Q2
3/31/2025
Q1
12/31/2024
Q4
9/30/2024
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments396231191346400181
Cash and cash equivalent396231191346400181
Receivables1,5401,6921,4251,3451,3811,454
Inventory, net of allowances, customer advances and progress billings112112109115107101
Inventory112112109115107101
Prepaid expense18416013212111990
Contract with customer, asset, after allowance for credit loss2,0022,0091,7971,5161,5561,646
Other current assets951039410389101
Total current assets:4,3294,3073,7473,5463,6533,573
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization560562553505473454
Operating lease, right-of-use asset457401402387396399
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization247   228 
Long-term investments and receivables377328330331330319
Long-term investments377328330331330319
Intangible asset, including goodwill, after accumulated amortization2,9052,8472,8772,9002,9302,854
Goodwill2,2492,2142,2132,2052,2032,136
Intangible asset, excluding goodwill, after accumulated amortization656632664695727718
Deferred costs 34   29 
Other noncurrent assets503451449447447418
Other undisclosed noncurrent assets510797774747489747
Total noncurrent assets:5,5945,3865,3855,3165,3235,190
TOTAL ASSETS:9,9249,6939,1328,8628,9758,763
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,8221,7851,6821,4101,5611,468
Accounts payable1,2811,2861,2189861,1061,041
Accrued liabilities541499464425455427
Deferred revenue748730698766736708
Debt154157161192186185
Other liabilities123123125136166147
Other undisclosed current liabilities424441402405351379
Total current liabilities:3,2713,2363,0682,9103,0002,888
Noncurrent Liabilities
Long-term debt and lease obligation, including:2,1762,1992,0972,0422,0382,139
Finance lease, liability212207194178160150
Other undisclosed long-term debt and lease obligation1,9641,9921,9031,8631,8781,989
Liabilities, other than long-term debt1,1421,078953955950908
Deferred income tax liabilities478449339349363381
Other liabilities371374359357326262
Operating lease, liability293255256249261265
Total noncurrent liabilities:3,3183,2783,0502,9972,9883,047
Total liabilities:6,5896,5146,1185,9075,9885,934
Equity
Equity, attributable to parent3,2593,1122,9472,8842,9122,810
Common stock101010101010
Treasury stock, value(734)(734)(734)(694)(657)(660)
Additional paid in capital1,3201,3121,3031,2941,2911,285
Accumulated other comprehensive loss(44)(41)(36)(44)(41)(59)
Retained earnings2,7082,5652,4042,3182,3092,234
Equity, attributable to noncontrolling interest756767717519
Total equity:3,3353,1793,0142,9552,9872,829
TOTAL LIABILITIES AND EQUITY:9,9249,6939,1328,8628,9758,763

Income Statement (P&L) ($ in millions)
Annual | Quarterly

3/31/2026
Q1
12/31/2025
Q4
9/30/2025
Q3
6/30/2025
Q2
3/31/2025
Q1
12/31/2024
Q4
9/30/2024
Q3
Revenues3,9403,9673,5452,8483,4033,252
Cost of revenue
(Cost of Product and Service Sold)		(3,543)(3,534)(3,212)(2,645)(3,082)(2,904)
Gross profit:397433333202321349
Operating expenses(189)(181)(177)(166)(183)(169)
Operating income:20825215636138180
Nonoperating income (expense)2(2)12(6)(3)
Interest and debt expense      
Income from continuing operations before equity method investments, income taxes:21125115838132177
Income (loss) from equity method investments8771087
Other undisclosed loss from continuing operations before income taxes (45)(45)(44)(39)(44)(47)
Income from continuing operations before income taxes:174212121996137
Income tax expense (benefit)(21)(45)(31)3(12)(32)
Net income:153166901285105
Net loss attributable to noncontrolling interest(10)(6)(4)(2)(10)(10)
Net income available to common stockholders, diluted:14316186107595

Comprehensive Income ($ in millions)
Annual | Quarterly

3/31/2026
Q1
12/31/2025
Q4
9/30/2025
Q3
6/30/2025
Q2
3/31/2025
Q1
12/31/2024
Q4
9/30/2024
Q3
Net income:153166901285105
Other comprehensive income (loss)1(3)3(3)3(7)
Comprehensive income:1541649398898
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(15)(8)1(2)(10)(10)
Comprehensive income, net of tax, attributable to parent:1391569477888

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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