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Operating

Depreciation

MasTec Depreciation increased by 6.9% to $83.28M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.3%, from $76.23M to $83.28M. Over 4 years (FY 2021 to FY 2025), Depreciation shows a downward trend with a -3.8% CAGR.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2018
Last reportedQ1 2026Apr 30, 2026

How to read this metric

High depreciation relative to revenue may indicate a capital-intensive business model with significant investment in machinery and equipment.

Detailed definition

This represents the non-cash allocation of the cost of tangible fixed assets over their useful lives. It is added back t...

Peer comparison

Common in capital-intensive industries like construction and utilities; peers often have high depreciation due to heavy equipment fleets.

Metric ID: operating_cost_of_goods_and_services_sold_depreciation

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$87.5M$95.37M$83.48M$85.19M$87M$91.29M$107.75M$107.25M$103.04M$115.03M$108.61M$107.44M$102.14M$80.19M$77M$76.23M$69.93M$71.84M$77.9M$83.28M
QoQ Change+9.0%-12.5%+2.1%+2.1%+4.9%+18.0%-0.5%-3.9%+11.6%-5.6%-1.1%-4.9%-21.5%-4.0%-1.0%-8.3%+2.7%+8.4%+6.9%
YoY Change-0.6%-4.3%+29.1%+25.9%+18.4%+26.0%+0.8%+0.2%-0.9%-30.3%-29.1%-29.1%-31.5%-10.4%+1.2%+9.3%
Range$69.93M$115.03M
CAGR-1.0%
Avg YoY Growth-1.6%
Median YoY Growth-0.2%
Current Streak3 quarters growth

Frequently Asked Questions

What is MasTec's depreciation?
MasTec (MTZ) reported depreciation of $83.28M in Q1 2026.
How has MasTec's depreciation changed year-over-year?
MasTec's depreciation increased by 9.3% year-over-year, from $76.23M to $83.28M.
What is the long-term trend for MasTec's depreciation?
Over 4 years (2021 to 2025), MasTec's depreciation has grown at a -3.8% compound annual growth rate (CAGR), from $345.61M to $295.89M.
What does depreciation mean?
The non-cash expense representing the wear and tear of physical assets.