MasTec Overview
- Year Founded
-
1929
- Status
-
Public
- Employees
-
34,000
- Stock Symbol
-
MTZ
- Investments
-
32
- Share Price
-
$128.43
- (As of Tuesday Closing)
MasTec General Information
Description
MasTec is a leading infrastructure construction company operating mainly in North America across a range of industries. The company's primary activities include the engineering, building, installation, maintenance, and upgrade of communications, oil and gas, utility, renewable energy, and other infrastructure. MasTec reports its results under five reportable segments: communications; clean energy and infrastructure; oil and gas; power delivery; and other.
Contact Information
Website
www.mastec.comCorporate Office
- 800 South Douglas Road
- 10th Floor
- Coral Gables, FL 33134
- United States
Corporate Office
- 800 South Douglas Road
- 10th Floor
- Coral Gables, FL 33134
- United States
MasTec Stock Performance
(As of Tuesday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $128.43 | $129.55 | $44.65 - $130.22 | $10.2B | 79.2M | 828K | $0.10 |
MasTec Financials Summary
|
In Thousands, USD |
TTM 30-Jun-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| EV | 11,421,445 | 9,381,051 | 9,062,390 | 8,339,008 |
| Revenue | 12,185,095 | 11,995,934 | 9,778,038 | 7,951,781 |
| EBITDA | 851,156 | 754,863 | 662,462 | 906,314 |
| Net Income | 7,857 | (49,949) | 33,354 | 328,831 |
| Total Assets | 8,678,986 | 9,373,511 | 9,293,259 | 7,121,393 |
| Total Debt | 2,991,251 | 3,495,942 | 3,514,675 | 2,285,949 |
MasTec Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
MasTec Comparisons
Industry
Financing
Details
MasTec Competitors (27)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Primoris Services | Corporation | Dallas, TX | ||||
| Emcor Group | Corporation | Norwalk, CT | ||||
| Quanta Services | Corporation | Houston, TX | ||||
| Dycom Industries | Corporation | Palm Beach Gardens, FL | ||||
| Hbk Engineering | Corporate Backed or Acquired | Chicago, IL |
MasTec Patents
MasTec Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-4382581-A | Apparatus for pulling cable through underground conduit | Inactive | 20-Jun-1980 | ||
| US-4469306-A | Cable drawing mechanism | Inactive | 20-Jun-1980 | ||
| US-3295452-A | Oil lubricated hydraulic powered concrete pump | Inactive | 15-Aug-1966 | ||
| US-3279383-A | Hydraulic powered mobile concrete pump assembly | Inactive | 06-Jan-1965 | F04B53/164 |
MasTec Executive Team (24)
| Name | Title | Board Seat |
|---|---|---|
| Jose Mas | Chief Executive Officer & Board Member | |
| George Pita | Chief Financial Officer and Chief Accounting Officer | |
| Paul DiMarco | Executive Vice President and Chief Financial Officer | |
| Robert Apple | Chief Operating Officer, Operations | |
| Alberto De Cardenas JD | Executive Vice President & Corporate General Counsel |
MasTec Board Members (11)
| Name | Representing | Role | Since |
|---|---|---|---|
| Self | Board Member | ||
| MasTec | Chairman & Founder | ||
| MasTec | Chief Executive Officer & Board Member | ||
| Self | Board Member | ||
| Self | Board Member |
MasTec Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
MasTec Investments & Acquisitions (32)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Nexius Solutions (Certain Assets) | 20-Jan-2023 | Buildings and Property | |||
| Infrastructure and Energy Alternatives | 07-Oct-2022 | Energy Infrastructure | |||
| Maslonka Powerline Services | 01-Jul-2022 | Construction and Engineering | |||
| Alvah Group | 31-Dec-2021 | Construction and Engineering | |||
| Henkels & McCoy | 30-Dec-2021 | Merger/Acquisition | Construction and Engineering |
MasTec Subsidiaries (15)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Infrastructure and Energy Alternatives | Energy Infrastructure | Indianapolis, IN | 2011 |
| Quadgen Wireless Solutions USA | Construction and Engineering | King Of Prussia, PA | |
| Alvah Group | Construction and Engineering | San Francisco, CA | |
| EC Source Services | Energy Infrastructure | Houston, TX | |
| Maslonka Powerline Services | Construction and Engineering | Spokane, WA |
MasTec ESG
Risk Overview
Risk Rating
Updated May, 31, 2024
38.78 | High Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 16,009
Rank
Percentile
Construction & Engineering
Industry
of 373
Rank
Percentile
Non-Residential Construction
Subindustry
of 373
Rank
Percentile
MasTec Exits (2)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| GlobeTec Construction | 01-Jan-2007 | Completed |
|
||
| Sonic Telecom | 17-Oct-2000 | Later Stage VC | Completed |
|
MasTec FAQs
-
When was MasTec founded?
MasTec was founded in 1929.
-
Who is the founder of MasTec?
Jorge Mas is the founder of MasTec.
-
Who is the CEO of MasTec?
Jose Mas is the CEO of MasTec.
-
Where is MasTec headquartered?
MasTec is headquartered in Coral Gables, FL.
-
What is the size of MasTec?
MasTec has 34,000 total employees.
-
What industry is MasTec in?
MasTec’s primary industry is Infrastructure.
-
Is MasTec a private or public company?
MasTec is a Public company.
-
What is MasTec’s stock symbol?
The ticker symbol for MasTec is MTZ.
-
What is the current stock price of MasTec?
As of 08-Oct-2024 the stock price of MasTec is $128.43.
-
What is the current market cap of MasTec?
The current market capitalization of MasTec is $10.2B.
-
What is MasTec’s current revenue?
The trailing twelve month revenue for MasTec is $12.2B.
-
Who are MasTec’s competitors?
Primoris Services, Emcor Group, Quanta Services, Dycom Industries, and Hbk Engineering are some of the 27 competitors of MasTec.
-
What is MasTec’s annual earnings per share (EPS)?
MasTec’s EPS for 12 months was $0.10.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »
