Friday 6 November 2026 Export MTZ’s income statement to Excel — free account

MasTec, Inc.

MTZ Industrials Engineering & Construction

MasTec, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $14.3 billion, up 16.2% from fiscal 2024.

Revenue: +29.9%
EPS: +2.46%
Free cash flow: +473.2%
Total debt: +76.9%

Quarter to September 2026, against a year earlier

Revenue growth 5 yrs

160.55 7.06 −4.21%

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Market cap: $12.8B
P/E: 25.1×
Fwd P/E: 32.3×
Dividend yield: —
F-score: 7/9
Altman Z: 3.71
Beneish M: −2.38
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Valuation Filings

MasTec, Inc. (MTZ) Debt to equity

Alert me on Debt to equity

MasTec, Inc.'s debt to equity at the end of the quarter to 30 September 2026 was 1.0×, up 0.3× from fiscal 2025 (0.7×). Over the past ten years it has ranged from 0.6× (fiscal 2020) to 1.2× (fiscal 2022); the current reading is higher than 18% of that period. That is above the Engineering & Construction industry median of 0.4× and above the Industrials sector median of 0.3×.

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<iframe src="https://stockrow.com/embed/MTZ/debt-to-equity" width="100%" height="360" style="border:0" loading="lazy" title="MasTec, Inc. debt to equity, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/MTZ/metrics/debt-to-equity">MasTec, Inc. (MTZ) debt to equity — stockrow.com</a></p>

Period	Debt to equity	Change
FY2025	0.7×	(6.11%)
FY2024	0.7×	(33.90%)
FY2023	1.1×	(4.23%)
FY2022	1.2×	48.55%
FY2021	0.8×	21.89%
FY2020	0.6×	(18.75%)
FY2019	0.8×	(20.90%)
FY2018	1.0×	5.85%
FY2017	1.0×	2.71%
FY2016	0.9×	(13.19%)

Period	Debt to equity	Change
Sep 2026	1.0×	30.40%
Jun 2026	0.8×	3.10%
Mar 2026	0.7×	5.62%
Dec 2025	0.7×	(5.71%)
43 more quarters	Free account

Against its own ten years

Low 0.6× High 1.2×

Ten-year median 0.9×

Current reading's percentile 18

Company	Debt to equity
IESC IES Holdings, Inc. compare	0.0×
EME EMCOR Group, Inc. compare	0.0×
STRL Sterling Infrastructure, Inc. compare	0.1×
TTEK Tetra Tech, Inc. compare	0.4×
MTZ MasTec, Inc.	1.0×
APG APi Group Corporation compare	1.0×
J Jacobs Solutions Inc. compare	1.1×
ACM AECOM compare	1.1×
DY Dycom Industries, Inc. compare	1.4×
Engineering & Construction industry median	0.4×
Industrials sector median	0.3×
Market median	0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

MasTec, Inc. (MTZ) Debt to equity

Debt to equity, annual

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Against its own ten years

Debt to equity against peers

What Debt to equity is

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Debt to equity, annual

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Against its own ten years

Debt to equity against peers

What Debt to equity is

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