Inferra AIResearch Tools

Inferra AI / Company / MTZ

Mastec Inc.

MTZ · Industrials

Last earnings Oct 29, 2026

Key results

Revenuequarter

$4.4 billion

Revenue of $4.4 billion, a quarterly record, increased 23% year-over-year Record 18-month backlog of $21.4 billion increased $4.9 billion year-over-year and $1.1 billion from the prior quarter, led by significant 58% year-over-year growth in Clean Energy and

SEC original ↗Mastec Inc. — Earnings release (8-K exhibit)EX-99Jul 30, 2026

Infrastructure EPSquarter

$1.65

Infrastructure Diluted EPS of $1.65 and

SEC original ↗Mastec Inc. — Earnings release (8-K exhibit)EX-99Jul 30, 2026

Adjusted EPSquarter

$2.22

Adjusted Diluted EPS of $2.22, both second quarter records, increased 51% and 49% year-over-year, respectively

SEC original ↗Mastec Inc. — Earnings release (8-K exhibit)EX-99Jul 30, 2026

Strong year-over-year revenue growth of 23% was broad-based and solid execution drove margin expansion with our adjusted EBITDA margin improving 100 basis points.

SEC original ↗Mastec Inc. — Earnings release (8-K exhibit)EX-99Jul 30, 2026

Net incomequarter

$ 176

For the Three Months Ended September 30, 2025 Net income $ 176 $ 166.5 Adjustments Non-cash stock-based compensation expense 12 9.3 Amortization of intangible assets 89 32.7 Changes in fair value of acquisition-related contingent items 2.5 Total adjustments, pre-tax $ 101 $ 44.6 Income tax effect of adjustments (a) (24) (10.2) Adjusted net income $ 252 $ 200.9 Net income attributable to non-controlling interests 13 5.8 Adjusted net income attributable to MasTec, Inc.

SEC original ↗Mastec Inc. — Earnings release (8-K exhibit)EX-99Jul 30, 2026

EPSquarter

$ 2.03

For the Three Months Ended September 30, 2025 Diluted earnings per share $ 2.03 $ 2.04 Adjustments Non-cash stock-based compensation expense 0.15 0.12 Amortization of intangible assets 1.11 0.42 Changes in fair value of acquisition-related contingent items 0.03 Total adjustments, pre-tax $ 1.26 $ 0.57 Income tax effect of adjustments (a) (0.30) (0.13) Adjusted diluted earnings per share $ 2.98 $ 2.48 (a) Represents the tax effects of the adjusted items that are subject to tax, including the tax effects of non-cash stock-based compensation expense, including from share-based payment awards.

SEC original ↗Mastec Inc. — Earnings release (8-K exhibit)EX-99Jul 30, 2026

AI analysis

Q2 2026 · reported Jul 30, 2026

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Revenue · Q2 2026
$4.4B
EX-99 · Jul 30, 2026
Infrastructure EPS · Q2 2026
$1.65
EX-99 · Jul 30, 2026
Adjusted EPS · Q2 2026
$2.22
EX-99 · Jul 30, 2026
Net income · Q2 2026
$ 176
EX-99 · Jul 30, 2026

Headline figures

MetricQ2 2026Prior qtrYear ago
Revenue$4.4 billion——
Infrastructure EPS$1.65——
Adjusted EPS$2.22——
Net income$ 176——
EPS$ 2.03——

EX-99 · Jul 30, 2026

Guidance · company-stated

Direction: Raised

EPS

“2 million, both second quarter records, increased by 62% and 40% year-over-year, respectively Updated Full Year Diluted EPS guidance to $6.”

EPS

“20, a 22% year-over-year increase Increased Full Year Adjusted Diluted EPS guidance to $9.”

Classified from the release's primary full-year outlook statement.

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

Net income$ 422.0
Adjusted net income$ 538.2

For the Year Ended December 31, 2025 For the Year Ended December 31, 2024 Net income $ 539 $ 422.0 $ 199.4 Adjustments Non-cash stock-based compensation expense 42 34.0 32.7 Amortization of intangible assets 254 131.2 139.9 Loss on extinguishment of debt 11.3 Changes in fair value of acquisition-related contingent items 19 0.7 10.7 Impairments of equity method investments 8 Total adjustments, pre-tax $ 323 $ 165.9 $ 194.6 Income tax effect of adjustments (a) (78) (44.7) (44.8) Statutory and other tax rate effects (b) (5.0) (0.9) Adjusted net income $ 785 $ 538.2 $ 348.3 Net income attributable to non-controlling interests 47 23.0 36.6 Adjusted net income attributable to MasTec, Inc.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Paul DiMarco, MasTec s CFO added, Our second quarter results illustrate the strength and resiliency of MasTec s diversified operating model

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Guidance & outlook

Direction: Raised

EPS: “2 million, both second quarter records, increased by 62% and 40% year-over-year, respectively Updated Full Year Diluted EPS guidance to $6.”

EPS: “20, a 22% year-over-year increase Increased Full Year Adjusted Diluted EPS guidance to $9.”

EPS — Raised (“increased”)
“2 million, both second quarter records, increased by 62% and 40% year-over-year, respectively Updated Full Year Diluted EPS guidance to $6.”

EPS — Raised (“increase”)
“20, a 22% year-over-year increase Increased Full Year Adjusted Diluted EPS guidance to $9.”

Classified from the release's primary full-year outlook statement.

Capital allocation

For the Year Ended December 31, 2025 For the Year Ended December 31, 2024 Net income $ 539 $ 422.0 $ 199.4 Adjustments Non-cash stock-based compensation expense 42 34.0 32.7 Amortization of intangible assets 254 131.2 139.9 Loss on extinguishment of debt 11.3 Changes in fair value of acquisition-related contingent items 19 0.7 10.7 Impairments of equity method investments 8 Total adjustments, pre-tax $ 323 $ 165.9 $ 194.6 Income tax effect of adjustments (a) (78) (44.7) (44.8) Statutory and other tax rate effects (b) (5.0) (0.9) Adjusted net income $ 785 $ 538.2 $ 348.3 Net income attributable to non-controlling interests 47 23.0 36.6 Adjusted net income attributable to MasTec, Inc.

SEC original ↗Mastec Inc. — Earnings release (8-K exhibit)EX-99Jul 30, 2026

, Adjusted Diluted Earnings Per Share, Net Debt and Free Cash Flow, to evaluate our performance, both internally and as compared with its peers, because these measures exclude certain items that may not be indicative of its core operating results, as well as items that can vary widely across different industries or among companies within the same industry.

SEC original ↗Mastec Inc. — Earnings release (8-K exhibit)EX-99Jul 30, 2026

These financial measures should not be considered in isolation from, as substitutes for, or alternative measures of, reported net income or diluted earnings per share, net income as a percentage of revenue or total debt or net cash provided by operating activities, and should be viewed in conjunction with the most comparable U.

SEC original ↗Mastec Inc. — Earnings release (8-K exhibit)EX-99Jul 30, 2026

There were no share repurchases under the Company s share repurchase program for the six months ended June 30, 2026.

SEC original ↗Mastec Inc. — 10-Q Quarterly report10-QJul 30, 2026

For the three and six months ended June 30, 2025, the Company repurchased 369,968 and 702,533 shares of its common stock, respectively, the effect of which on the Company s weighted average shares outstanding was a reduction of approximately 630,000 and 372,000 shares for the respective periods.

SEC original ↗Mastec Inc. — 10-Q Quarterly report10-QJul 30, 2026

See Note 10 Stockholders' Equity for details of the Company s share repurchase transactions.

SEC original ↗Mastec Inc. — 10-Q Quarterly report10-QJul 30, 2026

Strategy & priorities

Mas, MasTec s CEO stated, We once again reported a very strong quarter with excellent performance in revenue growth, margin expansion and backlog development.

SEC original ↗Mastec Inc. — Earnings release (8-K exhibit)EX-99Jul 30, 2026

Strong year-over-year revenue growth of 23% was broad-based and solid execution drove margin expansion with our adjusted EBITDA margin improving 100 basis points.

SEC original ↗Mastec Inc. — Earnings release (8-K exhibit)EX-99Jul 30, 2026

, d/b/a The Superior Group ( Superior ), a premier full-service electrical contractor focused on critical infrastructure.

SEC original ↗Mastec Inc. — 10-Q Quarterly report10-QJul 30, 2026

Recent Acquisitions The Company seeks to grow and diversify its business both organically and through acquisitions and/or strategic arrangements in order to deepen its market presence and customer base, broaden its geographic reach and expand its service offerings.

SEC original ↗Mastec Inc. — 10-Q Quarterly report10-QJul 30, 2026

In July 2026, MasTec acquired all of the equity interests of Superior, a premier full-service electrical contractor focused on critical infrastructure, which the Company expects to include within its Power Delivery segment.

SEC original ↗Mastec Inc. — 10-Q Quarterly report10-QJul 30, 2026

Risks & headwinds

S or foreign tax laws, statutes, rules, regulations or ordinances tariff and trade actions, including retaliatory trade actions, by the United States (U.

SEC original ↗Mastec Inc. — Earnings release (8-K exhibit)EX-99Jul 30, 2026

These statements are based on currently available operating, financial, economic and other information, and are subject to a number of significant risks and uncertainties.

SEC original ↗Mastec Inc. — Earnings release (8-K exhibit)EX-99Jul 30, 2026

If any of these risks or uncertainties materialize, or if any of our underlying assumptions are incorrect, our actual results may differ significantly from the results that we express in, or imply by, any of our forward-looking statements.

SEC original ↗Mastec Inc. — Earnings release (8-K exhibit)EX-99Jul 30, 2026

OTHER INFORMATION 42 Item 1 Legal Proceedings 42 Item 1A Risk Factors 42 Item 2 Unregistered Sales of Equity Securities and Use of Proceeds 42 Item 4 Mine Safety Disclosures 42 Item 5 Other Information 42 Item 6 Exhibits 43 SIGNATURES 44 2 PART I.

SEC original ↗Mastec Inc. — 10-Q Quarterly report10-QJul 30, 2026

Documents

Earnings deck slides

0 decks with slide view

Mastec Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Mastec Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Mastec Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Mastec Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Mastec Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

RELX (RELX) IndustrialsThomson Reuters (TRI) IndustrialsFedEx (FDX) IndustrialsVertiv (VRT) IndustrialsCanadian National Railway (CNI) IndustrialsAerCap Holdings (AER) IndustrialsCanadian Pacific Kansas City (CP) IndustrialsGeneral Dynamics (GD) Industrials

Filings

32 documents

Earnings releases

4 documents

Presentations

5 documents

Transcripts

0 documents

No transcripts for Mastec Inc. are held in this edition of the library.

Mentioned by

3 companies

Other tracked companies whose held documents mention Mastec Inc. by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.