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?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

MasTec MTZ CapEx

CapEx at other companies

Dycom IndustriesDY

$70.32M-11.6%

ArganAGX

$2.43M+516%

VMI

Valmont IndustriesVMI

$34.57M+14.0%

EMCOR GroupEME

$28.71M+9.9%

MYR GroupMYRG

$16.13M+23.5%

Quanta ServicesPWR

$220.09M+65.8%

Segments

By segment

See full

Pipeline Infrastructure$41.2M+308%

Power Delivery$32M+50.9%

Clean Energy and Infrastructure$13.6M+72.2%

Communications$3.4M-52.1%

Other$0—

Other financials

Income statement

See full

Revenue$3.8B+34.5%

Gross profit$477.9M+53.6%

Operating income$141.8M+292%

Net income$60.8M+514%

EPS (diluted)$0.77+492%

Balance sheet

See full

Cash & equivalents$273.7M-20.8%

Total debt$3.4B+14.8%

Total equity$3.3B+14.7%

Total assets$10.4B+17.8%

Cash flow

See full

Operating cash flow$98.9M+26.1%

Free cash flow$2.1M-93.3%

Valuation

See full

Market cap$31.31B+134%

Enterprise value$34.42B+113%

P/E69.6×+19.2×

P/S2.1×+1.0×

Profitability

See full

Gross margin12.8%-0.3pp

Net margin2.9%+1.2pp

FCF margin1.7%-5.7pp

Returns & leverage

See full

Return on equity14.5%+6.8pp

Debt / equity1×0.0×

Current ratio1.3×+0.1×

Where this comes from

Reported directly by MasTec in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireProductiveAssets.

The official record: MasTec’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

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?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.