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MasTec MTZ Debt-to-assets

Debt-to-assets at other companies

Dycom Industries logo
Dycom IndustriesDY
0.5×+0.1×
EMCOR Group logo
EMCOR GroupEME
0.1×0.0×
Quanta Services logo
Quanta ServicesPWR
0.2×0.0×
Caterpillar logo
CaterpillarCAT
0.4×0.0×
Sterling Infrastructure, Inc. logo
Sterling Infrastructure, Inc.STRL
0.1×-0.1×
Hubbell logo
HubbellHUBB
0.3×+0.1×

Other financials

Income statement

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Revenue$3.8B+34.4%
Gross profit$477.9M+53.6%
Operating income$141.8M+292%
Net income$60.8M+514%
EPS (diluted)$0.77+492%

Balance sheet

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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

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Operating cash flow$98.9M+26.2%
CapEx$96.8M+105%
Free cash flow$2.1M-93.3%

Valuation

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Market cap$30B+174%
Enterprise value$33.11B+140%
P/E66.7×+15.5×
P/S+1.1×

Profitability

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Gross margin12.8%-0.3pp
Net margin2.9%+1.2pp

Returns & leverage

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Return on equity14.5%+6.8pp
Debt / equity0.0×
Current ratio1.3×+0.1×

Where this comes from

Calculated from MasTec’s reported figures.

Based on the most recent quarter.

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 debt-to-assets?
MasTec (MTZ) reported debt-to-assets of 0.3× in Q1 2026.
How has MasTec's debt-to-assets changed year-over-year?
MasTec's debt-to-assets decreased by 2.6% year-over-year, from 0.3× to 0.3×.
What is the long-term trend for MasTec's debt-to-assets?
Over 4 years (2021 to 2025), MasTec's debt-to-assets has grown at a -2.1% compound annual growth rate (CAGR), from 1.4× to 1.3×.
What does debt-to-assets mean?
What fraction of everything the company owns is funded by debt.
How do you interpret debt-to-assets?
A lower ratio indicates a more conservatively financed balance sheet. Rising debt-to-assets over time signals increasing financial risk.
How does debt-to-assets compare across companies?
Comparable within an industry; bounded between 0 and 1 for most non-financials, which makes cross-company reads cleaner than debt-to-equity.