Business Segments · Goodwill, net

Communications — Goodwill, net

MasTec Communications — Goodwill, net decreased by 0.3% to $555.60M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.7%, from $546.50M to $555.60M. Over 3 years (FY 2021 to FY 2025), Communications — Goodwill, net shows relatively stable performance with a -2.0% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ1 2025
Last reportedQ4 2025
Rolls up toGoodwill

How to read this metric

A declining balance may signal either impairment or a lack of recent acquisition activity.

Detailed definition

The current carrying value of goodwill for the communications segment after accounting for all historical impairment los...

Peer comparison

Standard balance sheet metric for segments that have undergone acquisitions.

Metric ID: mtz_segment_communications_goodwill_net

Historical Data

17 periods
 Q2 '21Q3 '21Q4 '21Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$584.70M$589.50M$601.50M$606.10M$606.40M$615.00M$638.10M$646.90M$646.90M$646.90M$647.60M$647.60M$546.50M$546.50M$547.00M$557.00M$555.60M
QoQ Change+0.8%+2.0%+0.8%+0.0%+1.4%+3.8%+1.4%+0.0%+0.0%+0.1%+0.0%-15.6%+0.0%+0.1%+1.8%-0.3%
YoY Change+0.8%+6.7%+6.7%+5.2%+1.5%+0.1%-15.5%-15.5%-15.5%-14.0%+1.7%
Range$546.50M$647.60M
CAGR-1.3%
Avg YoY Growth-3.4%
Median YoY Growth+0.8%

Frequently Asked Questions

What is MasTec's communications — goodwill, net?
MasTec (MTZ) reported communications — goodwill, net of $555.60M in Q1 2026.
How has MasTec's communications — goodwill, net changed year-over-year?
MasTec's communications — goodwill, net increased by 1.7% year-over-year, from $546.50M to $555.60M.
What is the long-term trend for MasTec's communications — goodwill, net?
Over 3 years (2021 to 2025), MasTec's communications — goodwill, net has grown at a -2.0% compound annual growth rate (CAGR), from $2.34B to $2.20B.
What does communications — goodwill, net mean?
The current book value of goodwill for the communications segment after subtracting any impairment losses.