MasTec

MasTec

About MasTec

Simplify's Rating
Why MasTec is rated
C
Rated C on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Consulting

Industrial & Manufacturing

Energy

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Coral Gables, Florida

Founded

1929

Overview

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased investment in renewable energy infrastructure boosts MasTec's energy and utility segments.
  • 5G network expansion creates opportunities for MasTec's installation and maintenance services.
  • U.S. government infrastructure spending could significantly benefit MasTec's construction projects.

What critics are saying

  • Increased competition in renewable energy may impact MasTec's market share.
  • Potential labor shortages could lead to project delays and increased costs for MasTec.
  • Rising interest rates may increase financing costs, affecting MasTec's profitability.

What makes MasTec unique

  • MasTec has a record 18-month backlog of $14.3 billion as of 2024.
  • MasTec's revenue reached a record $12.3 billion in 2024, showcasing strong growth.
  • MasTec is actively participating in major investor conferences, enhancing its visibility.

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Funding

Total Funding

$724.4M

Above

Industry Average

Funded Over

2 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Company News

PR Newswire
Feb 27th, 2025
Mastec Announces Fourth Quarter And Annual 2024 Financial Results With Record Backlog And Provides Initial 2025 Guidance

Record Fourth Quarter and Annual Revenue of $3.4 Billion and $12.3 Billion, Respectively. Record Full Year 2024 Cash Flow from Operations Increased 63% to $1.1 Billion. Record 18-Month Backlog of $14.3 Billion

PR Newswire
Jan 2nd, 2025
Mastec Senior Management To Present At The Goldman Sachs Investor Conference

CORAL GABLES, Fla., Jan. 2, 2025 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced that its senior management will be participating in a fireside chat with our covering analyst at the Goldman Sachs Energy, CleanTech Utilities Conference on Tuesday, January 7th at approximately 2:20 p.m. Eastern Time. Additionally, one-on-one meetings with institutional investors and MasTec's senior management are also being arranged as a part of the conference. The audio and any presentation materials may be accessed through links on the "Investors" page of MasTec's website at www.mastec.com.  Interested parties should check the Company's website for any schedule updates, or time changes.  The presentation will also be available for replay on the MasTec website for approximately 30 days

MarketBeat
Dec 10th, 2024
First Dallas Securities Inc. Makes New Investment in MasTec, Inc. (NYSE:MTZ)

First Dallas Securities Inc. makes new investment in MasTec, Inc. (NYSE:MTZ).

PR Newswire
Oct 31st, 2024
Mastec Announces Third Quarter 2024 Financial Results And Increases Guidance For The Year

Third Quarter 2024 Revenue of $3.3 Billion with Significant Margin Expansion Over Last Year. Third Quarter 2024 Diluted Earnings Per Share of $1.21 and Adjusted Diluted Earnings Per Share of $1.63, Above Expectations by $0.43 and $0.39, Respectively. Third Quarter 2024 GAAP Net Income of $105.4 Million and Adjusted EBITDA of $305.9 Million, Above Expectations by $33.4 Million and $10.9 Million, Respectively

PR Newswire
Oct 18th, 2024
Mastec Schedules Third Quarter 2024 Earnings Release And Conference Call

CORAL GABLES, Fla., Oct. 18, 2024 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced that it will release results of operations for the quarter ended September 30, 2024, after the market closes on Thursday, October 31, 2024. Senior Management will also hold a conference call to discuss these results on Friday, November 1, 2024, at 9:00 a.m. Eastern time. The call-in number for the live conference call is (856) 344-9221or (888) 204-4368, with a confirmation code of 9237122

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