Discontinued — last reported Q3 '24

Business Segments · Segment EBITDA

Oil and Gas — Segment EBITDA

MasTec Oil and Gas — Segment EBITDA decreased by 23.7% to $103.10M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 6.0%, from $97.30M to $103.10M. Over 2 years (FY 2021 to FY 2023), Oil and Gas — Segment EBITDA shows a downward trend with a -28.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ3 2024

How to read this metric

Higher EBITDA margins indicate efficient project management and strong pricing power within the energy infrastructure market.

Detailed definition

Earnings before interest, taxes, depreciation, and amortization for the oil and gas segment. This metric measures the op...

Peer comparison

A primary performance indicator for construction and engineering firms; peers use this to compare operational efficiency.

Metric ID: mtz_segment_oil_and_gas_segment_ebitda

Historical Data

14 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Value$138.10M$170.60M$81.30M$21.50M$62.80M$49.20M$30.00M$14.50M$77.00M$97.30M$95.60M$92.80M$135.10M$103.10M
QoQ Change+23.5%-52.3%-73.6%+192.1%-21.7%-39.0%-51.7%+431.0%+26.4%-1.7%-2.9%+45.6%-23.7%
YoY Change-54.5%-71.2%-63.1%-32.6%+22.6%+97.8%+218.7%+540.0%+75.5%+6.0%
Range$14.50M$170.60M
CAGR-8.6%
Avg YoY Growth+73.9%
Median YoY Growth+14.3%

Frequently Asked Questions

What is MasTec's oil and gas — segment ebitda?
MasTec (MTZ) reported oil and gas — segment ebitda of $103.10M in Q3 2024.
How has MasTec's oil and gas — segment ebitda changed year-over-year?
MasTec's oil and gas — segment ebitda increased by 6.0% year-over-year, from $97.30M to $103.10M.
What is the long-term trend for MasTec's oil and gas — segment ebitda?
Over 2 years (2021 to 2023), MasTec's oil and gas — segment ebitda has grown at a -28.6% compound annual growth rate (CAGR), from $557.60M to $284.40M.
What does oil and gas — segment ebitda mean?
The operating profit of the oil and gas segment before accounting for financing, taxes, and non-cash depreciation.