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) Free cash flow margin

Alert me on Free cash flow margin

MasTec, Inc.'s free cash flow margin over the twelve months to 30 September 2026 was 2.69%, up 0.3 percentage points from fiscal 2025 (2.39%). Over the past ten years it has ranged from 0.62% (fiscal 2017) to 12.0% (fiscal 2020); the current reading is higher than 36% of that period. That is above the Engineering & Construction industry median of 1.12% and above the Industrials sector median of 2.06%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 2.39% (6.05)
FY2024 8.44% 3.62
FY2023 4.82% 3.08
FY2022 1.74% (6.92)
FY2021 8.66% (3.37)
FY2020 12.0% 5.64
FY2019 6.39% 0.76
FY2018 5.63% 5.01
FY2017 0.62% (1.32)
FY2016 1.94% (5.12)

Against its own ten years

Low 0.62% High 12.0%
Ten-year median 5.63%
Current reading's percentile 36

Free cash flow margin against peers

Company Free cash flow margin
STRL Sterling Infrastructure, Inc. compare 11.1%
TTEK Tetra Tech, Inc. compare 10.8%
APG APi Group Corporation compare 7.81%
EME EMCOR Group, Inc. compare 7.49%
DY Dycom Industries, Inc. compare 7.05%
IESC IES Holdings, Inc. compare 5.75%
J Jacobs Solutions Inc. compare 4.56%
MTZ MasTec, Inc. 2.69%
ACM AECOM compare 1.32%
Engineering & Construction industry median 1.12%
Industrials sector median 2.06%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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