Investing
CapEx
MasTec CapEx increased by 20.6% to $96.77M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 104.7%, from $47.26M to $96.77M. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 11.2% CAGR.
Analysis
StatementCash Flow Statement
SectionInvesting
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2025
How to read this metric
An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.
Detailed definition
Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...
Peer comparison
Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.
Metric ID:
capital_expendituresHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $48.97M | $35.32M | $37.72M | $83.19M | $106.68M | $23.46M | $50.03M | $63.35M | $55.72M | $38.30M | $35.57M | $25.41M | $31.50M | $43.60M | $48.35M | $47.26M | $63.80M | $68.70M | $80.22M | $96.77M |
| QoQ Change | — | -27.9% | +6.8% | +120.6% | +28.2% | -78.0% | +113.3% | +26.6% | -12.0% | -31.3% | -7.1% | -28.6% | +24.0% | +38.4% | +10.9% | -2.2% | +35.0% | +7.7% | +16.8% | +20.6% |
| YoY Change | — | — | — | — | +117.8% | -33.6% | +32.6% | -23.9% | -47.8% | +63.3% | -28.9% | -59.9% | -43.5% | +13.8% | +35.9% | +86.0% | +102.5% | +57.6% | +65.9% | +104.7% |
Range$23.46M – $106.68M
CAGR+15.4%
Avg YoY Growth+27.7%
Median YoY Growth+34.3%
Current Streak4 quarters growth
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Pipeline Infrastructure | $7.30M | $8.00M | $5.10M | $10.10M | $21.60M | $27.60M | $40.90M | $41.20M |
| Power Delivery | $10.30M | $23.50M | $26.20M | $21.20M | $19.70M | $15.50M | $22.30M | $32.00M |
| Clean Energy and Infrastructure | $7.60M | $7.40M | — | $7.90M | $11.40M | $7.70M | $7.80M | $13.60M |
| Communications | $5.30M | $3.20M | $9.80M | $7.10M | $9.10M | $3.90M | $1.90M | $3.40M |
| Other | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total | $31.50M | $43.60M | $48.35M | $47.26M | $63.80M | $68.70M | $80.22M | $96.77M |
Oil and Gas is derived from annual filings.
CapEx at Other Companies
Frequently Asked Questions
- What is MasTec's capex?
- MasTec (MTZ) reported capex of $96.77M in Q1 2026.
- How has MasTec's capex changed year-over-year?
- MasTec's capex increased by 104.7% year-over-year, from $47.26M to $96.77M.
- What is the long-term trend for MasTec's capex?
- Over 4 years (2021 to 2025), MasTec's capex has grown at a 11.2% compound annual growth rate (CAGR), from $170.07M to $259.99M.
- What does capex mean?
- The money spent on long-term physical assets like machinery, data centers, and office buildings.