MasTec Inc (MTZ) stock
MTZNYSEWater, Sewer, Pipeline, Comm & Power Line ConstructionFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 14/307% below fair value
$182.78−2.32 (-1.25%)
Close on Nov 13, 2026Market cap $14.68BP/E 29.9Yield –
MasTec gross margin
Gross margin is gross profit as a percentage of revenue.
MasTec's gross margin for the twelve months ending Sep 30, 2026 was 12.7%. For fiscal 2025 it was 12.5%, against 13.2% the year before. The highest annual figure on record is 16.6% in fiscal 2020.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 12.5% | −0.7 |
| FY2024 | Dec 31, 2024 | 13.2% | +1.7 |
| FY2023 | Dec 31, 2023 | 11.5% | −0.7 |
| FY2022 | Dec 31, 2022 | 12.2% | −2.2 |
| FY2021 | Dec 31, 2021 | 14.4% | −2.2 |
| FY2020 | Dec 31, 2020 | 16.6% | +1.1 |
| FY2019 | Dec 31, 2019 | 15.5% | +1.5 |
| FY2018 | Dec 31, 2018 | 14.0% | +1.0 |
| FY2017 | Dec 31, 2017 | 13.0% | +5.1 |
| FY2011 | Dec 31, 2011 | 8.0% | −1.6 |
| FY2010 | Dec 31, 2010 | 9.5% | −5.7 |
| FY2009 | Dec 31, 2009 | 15.2% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 12.8% | −0.7 |
| Q2 FY2026 | Jun 30, 2026 | 12.7% | +0.4 |
| Q1 FY2026 | Mar 31, 2026 | 12.5% | +1.6 |
| Q4 FY2025 | Dec 31, 2025 | 12.9% | +0.1 |
| Q3 FY2025 | Sep 30, 2025 | 13.6% | −0.7 |
| Q2 FY2025 | Jun 30, 2025 | 12.3% | −1.9 |
| Q1 FY2025 | Mar 31, 2025 | 10.9% | −0.5 |
| Q4 FY2024 | Dec 31, 2024 | 12.8% | +1.6 |
| Q3 FY2024 | Sep 30, 2024 | 14.2% | +2.0 |
| Q2 FY2024 | Jun 30, 2024 | 14.2% | +0.7 |
| Q1 FY2024 | Mar 31, 2024 | 11.4% | +2.7 |
| Q4 FY2023 | Dec 31, 2023 | 11.2% | −1.1 |
| Q3 FY2023 | Sep 30, 2023 | 12.3% | −0.7 |
| Q2 FY2023 | Jun 30, 2023 | 13.5% | +1.7 |
| Q1 FY2023 | Mar 31, 2023 | 8.7% | −2.6 |
| Q4 FY2022 | Dec 31, 2022 | 12.3% | −1.5 |
| Q3 FY2022 | Sep 30, 2022 | 13.0% | −1.5 |
| Q2 FY2022 | Jun 30, 2022 | 11.9% | −2.8 |
| Q1 FY2022 | Mar 31, 2022 | 11.3% | −3.4 |
| Q4 FY2021 | Dec 31, 2021 | 13.8% | −5.4 |
| Q3 FY2021 | Sep 30, 2021 | 14.4% | −4.3 |
| Q2 FY2021 | Jun 30, 2021 | 14.6% | +0.1 |
| Q1 FY2021 | Mar 31, 2021 | 14.7% | +1.3 |
| Q4 FY2020 | Dec 31, 2020 | 19.2% | +3.1 |
| Q3 FY2020 | Sep 30, 2020 | 18.7% | +2.5 |
| Q2 FY2020 | Jun 30, 2020 | 14.5% | −1.3 |
| Q1 FY2020 | Mar 31, 2020 | 13.4% | −0.2 |
| Q4 FY2019 | Dec 31, 2019 | 16.1% | +2.3 |
| Q3 FY2019 | Sep 30, 2019 | 16.2% | +1.2 |
| Q2 FY2019 | Jun 30, 2019 | 15.8% | +0.2 |
| Q1 FY2019 | Mar 31, 2019 | 13.6% | +2.2 |
| Q4 FY2018 | Dec 31, 2018 | 13.7% | – |
| Q3 FY2018 | Sep 30, 2018 | 15.0% | – |
| Q2 FY2018 | Jun 30, 2018 | 15.5% | – |
| Q1 FY2018 | Mar 31, 2018 | 11.4% | – |
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