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MasTec MTZ Communications — Costs of revenue, excluding depreciation and amortization

Other segment segments

Clean Energy and Infrastructure
$1.18B+46.6%
Power Delivery
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Pipeline Infrastructure
$516M+71.8%
Other
$0

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Other financials

Income statement

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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

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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+26.1%
CapEx$96.8M+105%
Free cash flow$2.1M-93.3%

Valuation

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Market cap$31.31B+134%
Enterprise value$34.42B+113%
P/E69.6×+19.2×
P/S2.1×+1.0×

Profitability

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Gross margin12.8%-0.3pp
Net margin2.9%+1.2pp
FCF margin1.7%-5.7pp

Returns & leverage

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

Where this comes from

Reported directly by MasTec in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization.

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 communications — costs of revenue, excluding depreciation and amortization?
MasTec (MTZ) reported communications — costs of revenue, excluding depreciation and amortization of $734.5M in Q1 2026.
How has MasTec's communications — costs of revenue, excluding depreciation and amortization changed year-over-year?
MasTec's communications — costs of revenue, excluding depreciation and amortization increased by 19.3% year-over-year, from $615.9M to $734.5M.
What is the long-term trend for MasTec's communications — costs of revenue, excluding depreciation and amortization?
Over 3 years (2022 to 2025), MasTec's communications — costs of revenue, excluding depreciation and amortization has grown at a 1.7% compound annual growth rate (CAGR), from $2.81B to $2.95B.
What does communications — costs of revenue, excluding depreciation and amortization mean?
The direct operating expenses incurred to deliver services in the communications segment, excluding non-cash depreciation and amortization charges. This represents the cash-based cost of labor, materials, and equipment usage.