Mastec Inc.

Mastec Inc.

MTZ

Get informed when a big investor buys or sells

+ Follow
Market Cap$20.79B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Mastec Inc.Mastec Inc.41.4-14%1.31.1

Earnings Call Q2 2026

July 31, 2026 - AI Summary

Record quarter + strong momentum (Q2 2020) - Revenue $4.37B (+23% YoY); Adjusted EBITDA $384M (+40% YoY); Adjusted EPS $2.22 (+49% YoY). - Backlog $21.4B: ~+$5B YoY and ~+$1B sequential organic → “new record level.” - Book-to-bill ~1.2x (over 1.2x total company), with EBITDA margins +~100 bps YoY. - Management frames demand as strengthening across “mission critical” infrastructure trends (AI/data centers, grid reliability, electrification/energy transition, connectivity).
Full-year 2026 guidance raised (expectations for growth remain strong) - Updated outlook: Revenue $18.2B, Adjusted EBITDA $1.6B, Adjusted EPS $9.30. - Implies YoY growth of ~27% revenue, ~39% EBITDA, ~42% EPS. - Important nuance: despite strong backlog growth, management says most of the Superior-driven backlog impact is expected in 2027, not heavily in 2026—supporting longer-term earnings power rather than near-term revenue fireworks.
Major acquisition tailwind: Superior Group closed (strategic and operational upside) - Superior acquisition (closed in July) adds scale/skills (mission-critical electrical infrastructure, data centers) and ~3,000 employees. - Management expects synergies by combining broader MasTec services onto Superior’s customer relationships and geographies. - Superior is described as increasing exposure to a “generational infrastructure investment cycle,” but they noted they will not see much of its backlog flow-through in 2026 (timing into 2027 emphasized). - Net leverage: 1.8x in Q2, but would have been ~2.2x pro forma for Superior; company expects <2.0x by year-end, consistent with financial policy.

Exclusive for Stockcircle Pro members

Sign upSign Up
$472.93

Target Price by Analysts

79.8% upsideMastec Target Price DetailsTarget Price
$84.13

Current Fair Value

68% downside

Overvalued by 68% based on the discounted cash flow analysis.

Share Statistics

Market cap$20.79 Billion
Enterprise Value$24.46 Billion
Dividend Yield$0.09 (-)
Earnings per Share$5.12
Beta1.77
Outstanding Shares78,078,000

Return

Return on Equity14.47%ROE
Return on Assets4.61%
Return on Invested Capital12.86%

Valuation & Multiples

P/E Ratio41.43P/E Ratio
PEG80.12PEG
Price to Sales1.28Price to Sales
Price to Book Ratio5.72Price to Book Ratio
Enterprise Value to Revenue1.52
Enterprise Value to EBIT25.72
Enterprise Value to Net Income48
Total Debt to Enterprise0.16
Debt to Equity1.15Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
July 30, 2026
EPS Estimate
$2.23
Average shareholder expectation
Revenue Estimate
$4.30 B
Average shareholder expectation

Next Earnings Call

Expected Date
October 29, 2026
EPS Estimate
$2.93
Average shareholder expectation
Revenue Estimate
$5.05 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.0000 91.80%
Total Calls- 100.00%
Total Puts- 100.00%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %3.79% 70.71%
Total Invested$1.22B 93.46%
Investors Holding311 520.00%

ESG Score

No data

About Mastec Inc.

CEO: Jose Mas

Relevant Senate Committees

Joint Committee on Taxation

This committee provides the official revenue estimates and technical analysis for tax legislation, directly influencing corporate tax structures and capital investment credits that are highly relevant to Mastec.

Finance

This powerful committee controls taxation, including corporate tax policy and potential infrastructure-related tax credits, which directly impact Mastec's profitability and investment decisions.

Appropriations

This committee directly allocates discretionary federal spending, determining the precise funding for infrastructure projects (e.g., water, energy, communications) that constitute Mastec's order books and revenue.

Commerce, Science, and Transportation

With jurisdiction over interstate commerce and the FCC, this committee directly regulates the telecommunications sector, a major area for Mastec's communications infrastructure construction business.

Energy and Natural Resources

This committee oversees national energy policy and the Department of Energy, directly impacting Mastec's significant involvement in energy infrastructure (pipelines, power lines, renewable energy projects).

Environment and Public Works

This committee regulates the EPA and federal highway programs, directly driving infrastructure spending and environmental projects (like water and sewer lines) that are core to Mastec's business.

Homeland Security and Governmental Affairs

This committee regulates government procurement and federal contracting, directly impacting Mastec's potential for federal infrastructure projects and revenue streams.