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Last update at 2024-12-30T16:45:00Z
MasTec Schedules Third Quarter 2024 Earnings Release and Conference Call
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Wed 02 Oct 24, 09:39 AMFast-paced Momentum Stock MasTec (MTZ) Is Still Trading at a Bargain
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Wed 25 Sep 24, 01:40 PMBreakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Income before tax | 43.06M | 430.07M | 425.16M | 510.94M | 365.30M |
Minority interest | -0.53400M | -1.89800M | -0.14900M | 1.76M | 2.13M |
Net income | 33.35M | 328.83M | 322.85M | 392.33M | 259.66M |
Selling general administrative | 559.44M | 306.97M | 319.19M | 299.50M | 287.28M |
Selling and marketing expenses | - | - | - | - | - |
Gross profit | 1191.70M | 1146.05M | 1050.10M | 1112.94M | 970.11M |
Reconciled depreciation | 507.15M | 422.83M | 297.75M | 235.48M | 212.93M |
Ebit | 155.31M | 483.49M | 490.36M | 591.28M | 495.54M |
Ebitda | 662.46M | 906.31M | 788.11M | 826.77M | 708.47M |
Depreciation and amortization | 507.15M | 422.83M | 297.75M | 235.48M | 212.93M |
Non operating income net other | 30.19M | 67.24M | 51.64M | 13.32M | 25.64M |
Operating income | 155.31M | 483.49M | 490.36M | 591.28M | 495.54M |
Other operating expenses | 9652.92M | 7535.53M | 5887.82M | 6605.23M | 6439.52M |
Interest expense | 112.25M | 53.41M | 59.63M | 77.03M | 82.57M |
Tax provision | 9.17M | 99.35M | 102.47M | 116.84M | 106.07M |
Interest income | 83.42M | 26.58M | 29.89M | 49.66M | 58.72M |
Net interest income | -112.25500M | -53.41300M | -59.62900M | -77.02600M | -82.57100M |
Extraordinary items | - | - | - | - | 13.00M |
Non recurring | - | - | - | 3.32M | 47.70M |
Other items | - | - | - | - | - |
Income tax expense | 9.17M | 99.35M | 102.47M | 116.84M | 106.07M |
Total revenue | 9778.04M | 7951.78M | 6320.98M | 7183.19M | 6909.42M |
Total operating expenses | 1066.59M | 729.80M | 616.94M | 534.98M | 500.21M |
Cost of revenue | 8586.33M | 6805.73M | 5270.88M | 6070.24M | 5939.31M |
Total other income expense net | -112.25500M | -53.41300M | -65.19800M | -80.34500M | -130.23300M |
Discontinued operations | - | - | - | - | - |
Net income from continuing ops | 33.89M | 330.73M | 322.70M | 394.10M | 259.23M |
Net income applicable to common shares | 33.35M | 328.83M | 322.85M | 392.33M | 259.66M |
Preferred stock and other adjustments | - | - | - | - | - |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Total assets | 9293.26M | 7121.39M | 5227.85M | 4997.01M | 4439.95M |
Intangible assets | 946.30M | 670.28M | 184.04M | 211.50M | 169.40M |
Earning assets | - | - | - | - | - |
Other current assets | 118.67M | 81.91M | 31.38M | 75.19M | 47.30M |
Total liab | 6552.07M | 4577.53M | 3222.32M | 3205.32M | 3047.93M |
Total stockholder equity | 2737.33M | 2543.86M | 2005.53M | 1791.69M | 1392.02M |
Deferred long term liab | 571.40M | 450.36M | 302.94M | 296.33M | 263.69M |
Other current liab | 711.51M | 574.23M | 397.95M | 277.93M | 304.19M |
Common stock | 9.86M | 9.54M | 9.31M | 9.19M | 9.13M |
Capital stock | 9.86M | 9.54M | 9.31M | 9.19M | 9.13M |
Retained earnings | 2195.74M | 2162.39M | 1833.56M | 1510.71M | 1118.38M |
Other liab | 809.79M | 740.32M | 532.99M | 517.61M | 440.10M |
Good will | 2045.00M | 1520.58M | 1243.03M | 1221.40M | 1100.40M |
Other assets | 0.04M | -0.03300M | 0.10M | 0.10M | -0.07200M |
Cash | 370.59M | 360.74M | 423.12M | 71.43M | 27.42M |
Cash and equivalents | 370.59M | 360.74M | 423.12M | 71.43M | 27.42M |
Total current liabilities | 2496.04M | 1784.60M | 1415.20M | 1219.13M | 1283.61M |
Current deferred revenue | 406.23M | 313.96M | 228.39M | 206.18M | 227.06M |
Net debt | 3144.08M | 1691.88M | 851.02M | 1397.16M | 1379.46M |
Short term debt | 268.43M | 233.34M | 217.59M | 199.99M | 82.66M |
Short long term debt | 171.92M | 137.91M | 145.11M | 118.43M | 82.66M |
Short long term debt total | 3514.68M | 2052.61M | 1274.14M | 1468.58M | 1406.88M |
Other stockholder equity | 582.68M | 450.71M | 254.10M | 347.50M | 325.01M |
Property plant equipment | 2033.63M | 1696.50M | 982.33M | 905.84M | 721.31M |
Total current assets | 3859.13M | 2873.95M | 2359.01M | 2173.56M | 2168.99M |
Long term investments | - | - | - | - | - |
Net tangible assets | -254.01100M | 353.01M | 574.85M | 354.25M | 93.68M |
Short term investments | - | - | - | - | - |
Net receivables | 3129.59M | 2247.23M | 1754.24M | 1874.87M | 1924.00M |
Long term debt | 3052.19M | 1876.23M | 1157.63M | 1314.03M | 1324.22M |
Inventory | 117.97M | 92.59M | 89.64M | 100.07M | 113.71M |
Accounts payable | 1109.87M | 663.06M | 571.27M | 535.03M | 669.71M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | 3.86M | 4.05M | 3.60M | 4.47M | 2.13M |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | -50.95500M | -78.77600M | -91.44400M | -75.70600M | -60.49400M |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | 9.86M | 9.54M | 9.31M | 9.19M | 9.13M |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | 2195.74M | 2162.39M | 1833.56M | 1510.71M | 1118.38M |
Treasury stock | - | -586.95500M | -586.95500M | -466.72700M | -466.12500M |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | -570991.84300M | 360.09M | 282.86M | 254.74M | 253.44M |
Deferred long term asset charges | - | - | - | - | - |
Non current assets total | 5434.09M | 4247.44M | 2868.83M | 2823.45M | 2270.96M |
Capital lease obligations | 194.05M | 176.38M | 188.99M | 236.11M | - |
Long term debt total | 3052.19M | 1876.23M | 1157.63M | 1314.03M | 1324.22M |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Investments | -821.18300M | -1357.17100M | -16.80800M | 9.12M | -34.05400M |
Change to liabilities | 123.22M | -141.96000M | 98.54M | -227.69400M | 304.67M |
Total cashflows from investing activities | -821.18300M | -1357.17100M | -216.60500M | -261.82300M | -181.79900M |
Net borrowings | 823.87M | 691.27M | -106.51900M | -113.10600M | -30.88300M |
Total cash from financing activities | 480.90M | 501.94M | -369.88700M | -244.63100M | -361.09400M |
Change to operating activities | -0.29200M | -73.31600M | 24.96M | 62.84M | 53.23M |
Net income | 33.89M | 330.73M | 322.70M | 394.10M | 259.23M |
Change in cash | 9.86M | -62.38200M | 351.69M | 44.01M | -12.90400M |
Begin period cash flow | 360.74M | 423.12M | 71.43M | 27.42M | 40.33M |
End period cash flow | 370.59M | 360.74M | 423.12M | 71.43M | 27.42M |
Total cash from operating activities | 352.30M | 793.07M | 937.25M | 550.28M | 529.96M |
Issuance of capital stock | - | - | - | - | - |
Depreciation | 507.15M | 422.83M | 297.75M | 235.48M | 212.93M |
Other cashflows from investing activities | -821.18300M | -1357.17100M | 13.95M | -144.46600M | 32.67M |
Dividends paid | - | - | - | - | 0.56M |
Change to inventory | -20.52300M | 10.15M | 17.90M | 24.05M | -29.36600M |
Change to account receivables | 6.30M | 149.15M | 87.37M | 113.06M | -335.20100M |
Sale purchase of stock | -81.29100M | -8.96500M | -120.22800M | -5.65200M | -313.94900M |
Other cashflows from financing activities | 3984.80M | 1472.94M | 2018.46M | 2988.39M | 3401.97M |
Change to netincome | -26.79000M | 41.42M | 4.88M | -2.11700M | 86.44M |
Capital expenditures | 263.35M | 170.07M | 213.75M | 126.47M | 180.42M |
Change receivables | 6.30M | 149.15M | 87.37M | 113.06M | -335.20100M |
Cash flows other operating | 232.03M | 446.89M | 402.87M | 10.18M | 28.71M |
Exchange rate changes | - | - | - | 0.18M | 0.03M |
Cash and cash equivalents changes | 12.01M | -62.15500M | 350.76M | 44.01M | -12.90400M |
Change in working capital | -166.12100M | 41.40M | 308.93M | -80.40200M | -31.19000M |
Stock based compensation | 27.45M | 24.80M | 21.88M | 16.45M | 13.53M |
Other non cash items | -59.61300M | -78.61700M | -21.18500M | -37.50500M | 19.25M |
Free cash flow | 88.94M | 623.01M | 723.51M | 423.81M | 349.54M |
Sector: Industrials Industry: Engineering & Construction
Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
---|---|---|---|---|---|---|---|---|
MTZ MasTec Inc |
-0.07 0.05% | 135.66 | - | 16.29 | 0.47 | 2.06 | 0.76 | 11.66 |
VCISF VINCI SA |
- -% | 100.49 | 14.66 | 12.94 | 1.06 | 2.37 | 1.40 | 8.24 |
VCISY Vinci SA ADR |
-0.18 0.70% | 25.60 | 14.51 | 12.97 | 1.07 | 2.38 | 1.40 | 8.26 |
LTOUF Larsen & Toubro Limited |
- -% | 45.65 | 40.39 | 28.41 | 0.03 | 6.23 | 0.03 | 0.25 |
PWR Quanta Services Inc |
-2.33 0.72% | 320.81 | 45.64 | 24.88 | 1.58 | 5.17 | 1.79 | 20.64 |
MasTec, Inc., an infrastructure construction company, provides engineering, building, installation, maintenance, and upgrade services for communications, energy, utility, and other infrastructure primarily in the United States and Canada. It operates through five segments: Communications, Clean Energy and Infrastructure, Oil and Gas, Power Delivery, and Other. The company builds underground and overhead distribution systems, including trenches, conduits, cell towers, fiber, cable, and power lines, which provide wireless and wireline/fiber communications; clean energy infrastructure comprising renewable energy power generation; natural gas, carbon capture sequestration, and other product transport; electrical and gas transmission, and distribution systems; industrial and heavy civil infrastructure; compressor and pump stations, and treatment plants; and water infrastructure, including water pipelines. It also installs electrical and other gas distribution and transmission systems, power generation facilities, buried and aerial fiber optic and other cables, as well as home automation and energy management solutions. In addition, the company offers maintenance and upgrade support services comprising maintenance of customers' distribution facilities, networks, and infrastructure, including communications, power generation, pipeline, electrical distribution and transmission, and industrial and heavy civil infrastructure; service restoration for natural disasters and accidents; and routine replacements and upgrades to overhauls. Its customers include wireless and wireline/fiber service providers, broadband operators, install-to-the-home service providers, public and private energy providers, pipeline operators, heavy civil and industrial infrastructure providers, and government entities. MasTec, Inc. was founded in 1929 and is headquartered in Coral Gables, Florida.
800 South Douglas Road, Coral Gables, FL, United States, 33134
Name | Title | Year Born |
---|---|---|
Mr. Jose Ramon Mas | CEO & Director | 1971 |
Mr. George L. Pita | Exec. VP & CFO | 1962 |
Mr. Robert E. Apple | COO & Director | 1950 |
Mr. Alberto I. de Cardenas Esq. | Exec. VP, Gen. Counsel & Sec. | 1969 |
Mr. J. Marc Lewis | VP of Investor Relations | NA |
Mr. Gary L. Smith | Sr. VP of Communications Group | NA |
Mr. Pablo A. Alvarez | Exec. VP of Mergers & Acquisitions | NA |
Mr. Paul Dimarco | Sr. VP & Treasurer | NA |
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