MasTec, Inc. (MTZ) vs Tetra Tech, Inc. (TTEK)

MasTec, Inc. and Tetra Tech, Inc. are both Engineering & Construction companies. MasTec, Inc. is the larger, with a market value of $17.2B against $8.6B — 2.0× the size. Tetra Tech, Inc. trades at the lower P/E: 20.3× against 33.5×. MasTec, Inc. grew revenue faster over the last twelve months: 23.5% against −7.61%. Tetra Tech, Inc. has the higher net margin (8.60% vs 3.07%) and the higher return on invested capital (15.8% vs 8.57%). Across the 22 metrics below, Tetra Tech, Inc. leads on 15 and MasTec, Inc. on 7.

Valuation

Metric MTZ TTEK Engineering & Construction median
P/E 33.47 20.31 28.59
P/S 1.03 1.73 1.15
P/B 4.61 4.73 3.96
Price to free cash flow 56.29 15.97 25.24
EV/EBITDA 14.77 13.58 14.87
EV/Sales 1.18 1.89 1.42
Earnings yield 2.99% 4.92% 2.47%
Free cash flow yield 1.78% 6.26% 1.91%

Profitability

Metric MTZ TTEK Engineering & Construction median
Gross margin 12.91% 18.78% 18.76%
Operating margin 5.13% 12.07% 6.26%
Net margin 3.07% 8.60% 2.23%
Free cash flow margin 1.83% 10.81% 1.83%
Return on equity 14.95% 24.26% 7.90%
Return on assets 4.93% 9.97% 0.87%
Return on invested capital 8.57% 15.78% 2.52%

Growth

Metric MTZ TTEK Engineering & Construction median
Revenue growth (TTM) 23.46% (7.61%) 16.67%
EPS growth (last fiscal year) 146.12% (24.39%) —
Revenue growth, 5-year CAGR 17.73% 12.69% 11.76%
Net income growth, 5-year CAGR 4.33% 7.34% 0.00%

Health

Metric MTZ TTEK Engineering & Construction median
Debt to equity 0.76 0.43 0.40
Current ratio 1.40 1.18 1.39
Net debt to EBITDA 1.79 1.00 0.38

Dividend

Metric MTZ TTEK Engineering & Construction median
Dividend yield — 0.63% 0.65%
Payout ratio 0.00 0.17 0.00

Size

Metric MTZ TTEK Engineering & Construction median
Market cap 17.19b 8.61b 1.31b

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