MasTec Inc

Common Name
MasTec
Country
United States
Sector
Financial Services
Industry
Banks - Regional
Employees
22,590
Ticker
MTZ
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Mastec Inc. is a comprehensive infrastructure construction company that operates primarily within the energy and communication sectors. Specializing in the engineering, building, installation, mainten...

MasTec's Financial Statements Preview

Below are the financial statements of MasTec, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

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All figures in millions of USD
2024 as of 2024-12-31
2023 as of 2023-12-31
Assets
Current assets
Cash and cash equivalents
399.9a
529.56a
Accounts receivable, net of allowance
1,381.46a
1,370.07a
Contract assets
1,555.81a
1,756.38a
Inventories, net
107.35a
108.15a
Prepaid expenses
118.89a
105.88a
Other current assets
89.13a
104.21a
Total current assets
3,652.53a
3,974.25a
Property and equipment, net
1,548.92a
1,651.46a
Operating lease right-of-use assets
396.15a
418.69a
Goodwill, net
2,203.08a
2,126.37a
Other intangible assets, net
727.37a
784.26a
Other long-term assets
447.24a
418.49a
Total assets
8,975.28a
9,373.51a
Liabilities and equity
Current liabilities
Current portion of long-term debt, including finance leases
186.1a
177.25a
Current portion of operating lease liabilities
146.18a
137.77a
Accounts payable
1,105.75a
1,242.6a
Accrued salaries and wages
205.15a
198.94a
Other accrued expenses
455.04a
415.08a
Contract liabilities
735.63a
480.97a
Other current liabilities
165.85a
184.62a
Total current liabilities
2,999.7a
2,837.22a
Long-term debt, including finance leases
2,038.02a
2,888.06a
Long-term operating lease liabilities
261.3a
292.87a
Deferred income taxes
362.77a
390.4a
Other long-term liabilities
326.14a
243.7a
Total liabilities
5,987.93a
6,652.25a
Equity
Preferred stock
0a
0a
Common stock
9.9a
9.91a
Capital surplus
1,291.03a
1,263.36a
Retained earnings
2,308.58a
2,145.79a
Accumulated other comprehensive loss
-40.85a
-53a
Treasury stock, at cost
-656.81a
-659.91a
Total MasTec, Inc. shareholders’ equity
2,911.86a
2,706.15a
Non-controlling interests
75.49a
15.11a
Total equity
2,987.34a
2,721.26a
Total liabilities and equity
8,975.28a
9,373.51a
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Verified Sources Behind MasTec’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore MasTec’s data sources below and access millions more through our Disclosure Search.

a. MasTec's 10-K 2024
a. MasTec's 10-K 2024
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