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

166.85 7.91 +4.98%
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

Alert me on Free cash flow

MasTec, Inc.'s free cash flow for fiscal 2025 was $342.0M, down 67.1% from $1.0B in fiscal 2024. Over the twelve months to 30 September 2026 it was $465.0M. Over the past ten years it has ranged from $40.6M (fiscal 2017) to $1.0B (fiscal 2024); the current reading is higher than 45% of that period. MasTec, Inc. ranks 13th of 46 Engineering & Construction companies by free cash flow.

Free cash flow, annual

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Annual newest first

Period Free cash flow Change
FY2025 $342.0M (67.07%)
FY2024 $1.0B 79.59%
FY2023 $578.4M 239.43%
FY2022 $170.4M (75.24%)
FY2021 $688.3M (9.50%)
FY2020 $760.6M 65.77%
FY2019 $458.8M 17.98%
FY2018 $388.9M 856.76%
FY2017 $40.6M (59.24%)
FY2016 $99.7M (66.42%)

Quarterly newest first

Period Free cash flow Change
Sep 2026 $206.1M —
Jun 2026 −$59.5M —
Mar 2026 $11.9M (96.13%)
Dec 2025 $306.5M 752.28%
43 more quarters

Against its own ten years

Low $40.6M High $1.0B
Ten-year median $388.9M
Current reading's percentile 45

Free cash flow against peers

What Free cash flow is

Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.

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

The full definition of Free cash flow →

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