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MasTec MTZ Foreign Operations — PP&E (Net)

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VFCForeign — Property, plant and equipment, net
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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:PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization.

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 foreign operations — PP&E (net)?
MasTec (MTZ) reported foreign operations — PP&E (net) of $22.6M in Q1 2026.
How has MasTec's foreign operations — PP&E (net) changed year-over-year?
MasTec's foreign operations — PP&E (net) decreased by 5.4% year-over-year, from $23.9M to $22.6M.
What is the long-term trend for MasTec's foreign operations — PP&E (net)?
Over 3 years (2022 to 2025), MasTec's foreign operations — PP&E (net) has grown at a 1.1% compound annual growth rate (CAGR), from $91.6M to $94.6M.
What does foreign operations — PP&E (net) mean?
This metric represents the net book value of tangible long-term assets, such as machinery, vehicles, and facilities, located in foreign jurisdictions. It serves as a proxy for the physical capital intensity and operational footprint required to support international projects. Changes in this balance reflect capital expenditure cycles and the company's commitment to maintaining physical infrastructure in foreign markets.