MasTec revenue and financials
$219.87Change from previous close: −3.69%Absolute change: −$8.43
In the fiscal year ended December 2025, MasTec reported revenue of $14.3B (+16.22% year over year). Net income was $399.04M, a net margin of 2.8%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +16.22%
- 2025 vs 2024
- Net income growth
- +145.13%
- 2025 vs 2024
- Net margin
- 2.8%
- 2024: 1.3%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating cash flow | 546 | 1,122 | 687 | 352 | 793 |
| Depreciation and amortization | 427 | 507 | 603 | 507 | 423 |
| Capital expenditure | -260 | -149 | -193 | -263 | -170 |
| Investing cash flow | -267 | -157 | -178 | -821 | -1,357 |
| Financing cash flow | -283 | -1,090 | -351 | 481 | 502 |
| Share repurchases | -77.3 | 0.0 | 0.0 | -81.3 | — |
| Debt issued | 5,597 | 4,649 | 4,378 | 4,065 | — |
| Debt repaid | -5,703 | -5,631 | -4,678 | -3,423 | — |
| Effect of exchange rates | 1.1 | -3.6 | 0.8 | -2.2 | -0.2 |
| Net change in cash | -3.9 | -130 | 159 | 9.9 | -62.4 |
| Free cash flow | 286 | 973 | 494 | 88.9 | 623 |
| Levered free cash flow | 96.6 | 882 | 731 | 23.2 | 276 |