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MasTec MTZ Increase (Decrease) in Contract with Customer, Asset

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Other financials

Income statement

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Revenue$4.4B+23.4%
Gross profit$556.3M+27.7%
Operating income$226.2M
Net income$130.1M+51.7%
EPS (diluted)$1.65+51.4%

Balance sheet

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Cash & equivalents$273.7M-20.8%
Total debt$2.7B-8.8%
Total equity$3.6B+22.2%
Total assets$10.9B+19.6%

Cash flow

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Operating cash flow$21.5M+280%
CapEx$91.5M+43.5%
Free cash flow-$49.7M+14.6%

Valuation

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Market cap$21.42B+48.3%
P/E43.3×-11.1×
P/S1.3×+0.2×

Profitability

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Gross margin12.9%+0.3pp
Net margin3.1%+1.0pp
FCF margin1.6%-3.2pp

Returns & leverage

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Return on equity15.1%+5.7pp
Debt / equity0.8×-0.3×
Current ratio1.4×+0.2×

Where this comes from

Reported directly by MasTec in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInContractWithCustomerAsset.

The source filing: MasTec’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 4:29 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000015615-26-000050
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Other non-cash items, net(1,142)(717)
Changes in assets and liabilities, net of acquisitions:
Accounts receivable4,81437,252
Contract assets(255,168)39,472
Inventories(4,772)634
Other assets, current and long-term portion51,195(17,680)
Accounts payable and accrued expenses55,265(114,224)
Contract liabilities28,07730,654

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is MasTec's increase (decrease) in contract with customer, asset?
MasTec (MTZ) reported increase (decrease) in contract with customer, asset of $255.17M in Q1 2026.
How has MasTec's increase (decrease) in contract with customer, asset changed year-over-year?
MasTec's increase (decrease) in contract with customer, asset increased by 746.5% year-over-year, from -$39.47M to $255.17M.

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