MasTec Workers' Compensation — Guarantor obligations, maximum exposure, undiscounted remained flat by 0.0% to $198.60M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.4%, from $190.20M to $198.60M. Over 4 years (FY 2021 to FY 2025), Workers' Compensation — Guarantor obligations, maximum exposure, undiscounted shows an upward trend with a 47.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase suggests higher potential future liabilities or expanded self-insurance arrangements, while a decrease indicates reduced risk exposure or improved claims management. High levels may indicate significant contingent liabilities that could impact future liquidity if claims exceed expectations.
This metric represents the total undiscounted maximum potential financial liability the company may face as a guarantor...
Comparable to contingent liability disclosures or insurance-related guarantee obligations found in the footnotes of other large-scale industrial or construction firms with self-insured risk profiles.
mtz_segment_workers_compensation_guarantor_obligations_maximum_exposure_undiscounted| 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 | $37.40M | $39.00M | $52.90M | $52.90M | $52.90M | $110.90M | $110.90M | $110.90M | $148.60M | $204.80M | $192.70M | $191.00M | $190.00M | $198.90M | $196.30M | $190.20M | $193.70M | $206.60M | $198.60M | $198.60M |
| QoQ Change | — | +4.3% | +35.6% | +0.0% | +0.0% | +109.6% | +0.0% | +0.0% | +34.0% | +37.8% | -5.9% | -0.9% | -0.5% | +4.7% | -1.3% | -3.1% | +1.8% | +6.7% | -3.9% | +0.0% |
| YoY Change | — | — | — | — | +41.4% | +184.4% | +109.6% | +109.6% | +180.9% | +84.7% | +73.8% | +72.2% | +27.9% | -2.9% | +1.9% | -0.4% | +1.9% | +3.9% | +1.2% | +4.4% |