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 |
|---|---|---|---|---|---|
| Total revenue | 14,299 | 12,303 | 11,996 | 9,778 | 7,952 |
| Cost of revenue | 12,506 | 10,676 | 10,606 | 8,557 | 6,806 |
| Gross profit | 1,793 | 1,627 | 1,390 | 1,221 | 1,146 |
| Selling, general and administrative | 709 | 682 | 635 | 507 | 300 |
| Operating income | 657 | 439 | 152 | 206 | 423 |
| EBIT | 657 | 439 | 152 | 206 | 423 |
| EBITDA | 1,084 | 946 | 755 | 714 | 846 |
| Interest expense | 173 | 193 | 234 | 112 | 53.4 |
| Pre-tax income | 515 | 251 | -82.7 | 43.1 | 430 |
| Income tax | 93.4 | 51.5 | -35.4 | 9.2 | 99.3 |
| Net income | 399 | 163 | -49.9 | 33.4 | 329 |
| Net income to common shareholders | 399 | 163 | -49.9 | 33.4 | 329 |
| Basic EPS | 5.12 | 2.09 | -0.64 | 0.45 | 4.54 |
| Diluted EPS | 5.07 | 2.06 | -0.64 | 0.42 | 4.45 |
| Average shares (basic) | 77.9 | 78.0 | 77.5 | 74.9 | 72.5 |
| Average shares (diluted) | 78.7 | 78.9 | 77.5 | 76.2 | 73.9 |