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

160.55 7.06 −4.21%
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

MasTec, Inc. (MTZ) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, MasTec, Inc. (MTZ) trades at a EV/EBITDA of 11.9×. Over the past ten years it has ranged from 3.8× (March 2020) to 30.3× (May 2026); the current reading is higher than 63% of that period. That is in line with the Engineering & Construction industry median of 11.9× and in line with the Industrials sector median of 12.4×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 17.5× 32.30%
FY2024 13.2× 8.92%
FY2023 12.1× (17.73%)
FY2022 14.7× 48.18%
FY2021 9.9× 27.15%
FY2020 7.8× 4.10%
FY2019 7.5× 12.22%
FY2018 6.7× (26.97%)
FY2017 9.2× 1.23%
FY2016 9.1× (16.70%)

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 14.9× (44.92%)
Jun 2026 27.1× 18.86%
Mar 2026 22.8× 30.60%
Dec 2025 17.5× (5.14%)
43 more quarters

Against its own ten years

Low 3.8× High 30.3×
Ten-year median 9.9×
Current reading's percentile 63

EV/EBITDA against peers

Company EV/EBITDA
STRL Sterling Infrastructure, Inc. compare 8.4×
DY Dycom Industries, Inc. compare 9.0×
IESC IES Holdings, Inc. compare 9.9×
EME EMCOR Group, Inc. compare 11.3×
MTZ MasTec, Inc. 11.9×
ACM AECOM compare 12.2×
TTEK Tetra Tech, Inc. compare 16.0×
APG APi Group Corporation compare 20.6×
J Jacobs Solutions Inc. compare 23.3×
Engineering & Construction industry median 11.9×
Industrials sector median 12.4×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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