189.05
+8.59%
Close of 9 Nov 2026, in USD
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About MasTec
From its filings with the US Securities and Exchange Commission
MasTec is based in Coral Gables, Florida and is incorporated in Florida. Its shares trade on NYSE under the ticker MTZ. The SEC classifies its business as water, sewer, pipeline, comm & power line construction. In the fiscal year to 31 December 2025, it reported revenue of $14.30bn and net income of $399.0m. At that date it held total assets of $9.92bn and shareholders' equity of $3.26bn.
We are a leading North American infrastructure engineering and construction company focused primarily on engineering, building, installation, maintenance and upgrade of communications, energy and utility and other infrastructure, such as: wireless, wireline/fiber; power delivery infrastructure, including transmission, distribution, grid hardening and modernization, environmental planning and compliance; power generation infrastructure, primarily from clean energy and renewable sources; pipeline infrastructure, including for natural gas, water and carbon capture sequestration pipelines and pipeline integrity services; heavy civil and industrial infrastructure, including roads, bridges and rail; and environmental remediation services. Our customers are primarily in these industries. Including our predecessor companies, we have been in business for over 95 years. As of December 31, 2025, we had approximately 36,000 employees and 810 locations. We offer our services under the MasTec® and other service marks and we are ranked among the top five contractors within Engineering News-Record’s Top 400 Contractors.
Quoted from its 10-K, filed 26 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Industrials
- Industry
- Construction & Engineering
- Listed since
- 17 Mar 1980
- Employees
- 36,000
- Website
- mastec.com ↗
- Head office
- 800 S. DOUGLAS ROAD, CORAL GABLES, FL, 33134
- Incorporated in
- FL
- Classification
- Water, Sewer, Pipeline, Comm & Power Line Construction
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Mr. Jorge MasChairman of the Board, since 1994$4.4m
- Mr. Jose MasChief Executive Officer, Director, since 2001$10.8m
- Mr. Paul DimarcoExecutive Vice President, Chief Financial Officer$4.0m
- Mr. Robert AppleChief Operating Officer$5.3m
- Mr. Alberto De CardenasExecutive Vice President, General Counsel, Secretary$2.9m
- Mr. Robert DwyerLead Independent Director$335,000
- Mr. C. Robert CampbellIndependent Director, since 2004$320,000
- Mr. Ernst CsiszarIndependent Director$310,000
- Ms. Julia JohnsonIndependent Director$310,000
- Mr. Javier PalomarezIndependent Director$295,000
- Ms. Ava ParkerIndependent Director$295,000
- Mr. J. Marc LewisVice President - Investor Relations
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 61
- Environment
- 59
- Social
- 79
- Governance
- 45
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Strong industry reputation: MasTec Inc. has built a strong reputation within the industry, known for its expertise, reliability, and efficient project delivery.
- Diversified service offerings: The company offers a wide range of services including engineering, construction, installation, and maintenance of infrastructure, which allows it to cater to various market segments.
- Robust financial position: MasTec Inc. maintains a strong financial position with healthy cash flows, which provides it with the necessary resources to undertake large-scale projects and invest in growth opportunities.
Weaknesses
- Dependence on key customers: The company may face risks due to its dependency on a few major customers for a significant portion of its revenue, which exposes it to potential client-specific issues or loss of contracts.
- Integration challenges: MasTec Inc. may face integration challenges when acquiring new companies or entering into new markets, which could result in inefficiencies or disruptions to ongoing operations.
- Geographical concentration: The company's operations are concentrated in certain regions, making it vulnerable to economic downturns or regulatory changes specific to those areas.
Opportunities
- Infrastructure expansion: The increasing need for infrastructure development globally provides opportunities for MasTec Inc. to secure new contracts and expand its service offerings.
- Renewable energy growth: The growing demand for renewable energy sources presents an opportunity for the company to leverage its expertise in infrastructure construction for renewable energy projects.
- Technological advancements: Embracing technological advancements in the industry, such as IoT and automation, can enhance operational efficiency and open new avenues for growth.
Threats
- Intense competition: MasTec Inc. operates in a highly competitive industry with numerous players, which increases the risk of pricing pressures and the need for differentiated services.
- Economic uncertainties: Economic downturns or fluctuations in the macroeconomic environment can negatively impact the demand for infrastructure projects, potentially affecting the company's revenue and profitability.
- Regulatory challenges: Changes in regulations or policies related to construction, energy, or other relevant sectors may impose additional compliance requirements and pose challenges to the company's operations.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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