Current Liabilities

Operating Lease Liabilities (Current)

MasTec Operating Lease Liabilities (Current) increased by 1.4% to $178.08M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 19.4%, from $149.11M to $178.08M. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities (Current) shows an upward trend with a 19.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ4 2018
Last reportedQ1 2026Apr 30, 2026

How to read this metric

Rising liabilities suggest increased reliance on leased assets, which may be a strategic choice to preserve cash compared to outright capital purchases.

Detailed definition

This represents the current portion of lease obligations for assets such as equipment, vehicles, or office space that th...

Peer comparison

Standardized under accounting rules like ASC 842, making it comparable across companies with significant equipment fleets.

Metric ID: operating_lease_liabilities_current

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$85.57M$80.16M$95.43M$92.07M$88.37M$85.08M$96.52M$96.82M$117.63M$131.78M$137.77M$144.32M$147.04M$144.84M$146.18M$149.11M$156.97M$156.99M$175.65M$178.08M
QoQ Change-6.3%+19.1%-3.5%-4.0%-3.7%+13.4%+0.3%+21.5%+12.0%+4.5%+4.8%+1.9%-1.5%+0.9%+2.0%+5.3%+0.0%+11.9%+1.4%
YoY Change+3.3%+6.1%+1.1%+5.2%+33.1%+54.9%+42.7%+49.1%+25.0%+9.9%+6.1%+3.3%+6.8%+8.4%+20.2%+19.4%
Range$80.16M$178.08M
CAGR+16.7%
Avg YoY Growth+18.4%
Median YoY Growth+9.1%
Current Streak6 quarters growth

Frequently Asked Questions

What is MasTec's operating lease liabilities (current)?
MasTec (MTZ) reported operating lease liabilities (current) of $178.08M in Q1 2026.
How has MasTec's operating lease liabilities (current) changed year-over-year?
MasTec's operating lease liabilities (current) increased by 19.4% year-over-year, from $149.11M to $178.08M.
What is the long-term trend for MasTec's operating lease liabilities (current)?
Over 5 years (2020 to 2025), MasTec's operating lease liabilities (current) has grown at a 19.4% compound annual growth rate (CAGR), from $72.48M to $175.65M.
What does operating lease liabilities (current) mean?
The amount due within one year for renting equipment or facilities.