Cash & Equivalents
MasTec Cash & Equivalents decreased by 30.9% to $273.67M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 20.8%, from $345.75M to $273.67M. Over 5 years (FY 2020 to FY 2025), Cash & Equivalents shows relatively stable performance with a -1.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase signals improved liquidity and financial flexibility, while a decrease may indicate heavy capital expenditure, debt repayment, or aggressive share buybacks.
Detailed definition
Represents the most liquid assets on the balance sheet, including physical currency and short-term investments with matu...
Peer comparison
Large-cap technology peers often maintain high cash balances to fund rapid innovation and offset the cyclical nature of consumer electronics.
cash_and_equivalentsHistorical Data
| 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 | $237.27M | $239.92M | $360.74M | $233.13M | $138.93M | $95.68M | $370.59M | $141.56M | $119.91M | $214.17M | $529.56M | $249.33M | $297.59M | $181.23M | $399.90M | $345.75M | $191.05M | $231.42M | $396.03M | $273.67M |
| QoQ Change | — | +1.1% | +50.4% | -35.4% | -40.4% | -31.1% | +287.3% | -61.8% | -15.3% | +78.6% | +147.3% | -52.9% | +19.4% | -39.1% | +120.7% | -13.5% | -44.7% | +21.1% | +71.1% | -30.9% |
| YoY Change | — | — | — | — | -41.4% | -60.1% | +2.7% | -39.3% | -13.7% | +123.9% | +42.9% | +76.1% | +148.2% | -15.4% | -24.5% | +38.7% | -35.8% | +27.7% | -1.0% | -20.8% |
Cash & Equivalents at Other Companies
Frequently Asked Questions
- What is MasTec's cash & equivalents?
- MasTec (MTZ) reported cash & equivalents of $273.67M in Q1 2026.
- How has MasTec's cash & equivalents changed year-over-year?
- MasTec's cash & equivalents decreased by 20.8% year-over-year, from $345.75M to $273.67M.
- What is the long-term trend for MasTec's cash & equivalents?
- Over 5 years (2020 to 2025), MasTec's cash & equivalents has grown at a -1.3% compound annual growth rate (CAGR), from $423.12M to $396.03M.
- What does cash & equivalents mean?
- Money in the bank and very short-term investments that can be turned into cash almost instantly.