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
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MasTec, Inc. (MTZ) 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 | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| EME EMCOR Group, Inc. compare | $1.5B |
| APG APi Group Corporation compare | $696.0M |
| J Jacobs Solutions Inc. compare | $649.1M |
| TTEK Tetra Tech, Inc. compare | $548.2M |
| DY Dycom Industries, Inc. compare | $485.3M |
| STRL Sterling Infrastructure, Inc. compare | $477.2M |
| MTZ MasTec, Inc. | $465.0M |
| IESC IES Holdings, Inc. compare | $229.2M |
| ACM AECOM compare | $203.7M |
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)
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