MasTec Oil and Gas — Goodwill, net increased by 0.0% to $466.40M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 0.0%, from $466.30M to $466.40M.
A stable or growing net value suggests confidence in the long-term profitability of acquired oil and gas operations.
The net carrying value of goodwill for the oil and gas segment after accounting for all historical impairment losses. It...
Standard balance sheet item for segments; peers in infrastructure construction typically carry significant goodwill due to industry consolidation.
mtz_segment_oil_and_gas_goodwill_net| Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $385.80M | $426.20M | $447.20M | $447.10M | $445.50M | $465.50M | $466.40M | $466.70M | $466.30M | $466.70M | $466.30M | $466.20M | $466.40M |
| QoQ Change | — | +10.5% | +4.9% | -0.0% | -0.4% | +4.5% | +0.2% | +0.1% | -0.1% | +0.1% | -0.1% | -0.0% | +0.0% |
| YoY Change | — | — | — | — | +15.5% | +9.2% | +4.3% | +4.4% | +4.7% | +0.3% | -0.0% | -0.1% | +0.0% |