Business Segments · Goodwill, net

Oil and Gas — Goodwill, net

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.

Analysis

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

How to read this metric

A stable or growing net value suggests confidence in the long-term profitability of acquired oil and gas operations.

Detailed definition

The net carrying value of goodwill for the oil and gas segment after accounting for all historical impairment losses. It...

Peer comparison

Standard balance sheet item for segments; peers in infrastructure construction typically carry significant goodwill due to industry consolidation.

Metric ID: mtz_segment_oil_and_gas_goodwill_net

Historical Data

13 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '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%
Range$385.80M$466.70M
CAGR+6.5%
Avg YoY Growth+4.2%
Median YoY Growth+4.3%

Frequently Asked Questions

What is MasTec's oil and gas — goodwill, net?
MasTec (MTZ) reported oil and gas — goodwill, net of $466.40M in Q3 2024.
How has MasTec's oil and gas — goodwill, net changed year-over-year?
MasTec's oil and gas — goodwill, net increased by 0.0% year-over-year, from $466.30M to $466.40M.
What does oil and gas — goodwill, net mean?
The current book value of goodwill for the oil and gas segment.