MasTec MTZ Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Clean Energy and Infrastructure | $1.33B+3.2% | $1.29B-5.6% | $1.36B+20.6% | $1.13B+23.5% | $915.8M-27.2% | |
| Communications | $802.1M-11.5% | $906.8M-0.9% | $914.6M+9.3% | $836.9M+22.9% | $680.9M-7.9% | |
| Other | $0— | $0— | $0— | $0— | $0— | |
| Pipeline Infrastructure | $682.5M+6.0% | $643.9M+7.7% | $597.8M+10.8% | $539.7M+51.4% | $356.5M-17.0% | |
| Power Delivery | $1.05B-6.6% | $1.12B+0.8% | $1.11B+6.2% | $1.05B+16.2% | $899.7M-9.7% | |
| Other segment items by Business | ||||||
| Clean Energy and Infrastructure | $56.5M+18.2% | $47.8M-5.9% | $50.8M+12.4% | $45.2M-11.7% | $51.2M-6.1% | |
| Communications | $20.8M+5.1% | $19.8M+14.5% | $17.3M-17.6% | $21M+15.4% | $18.2M-19.8% | |
| Other | $10.4M+222% | -$8.5M-19.7% | -$7.1M+1.4% | -$7.2M+10.0% | -$8M+11.1% | |
| Pipeline Infrastructure | $21.6M+40.3% | $15.4M+1.3% | $15.2M-1.3% | $15.4M+31.6% | $11.7M+37.6% | |
| Power Delivery | $38.6M-14.0% | $44.9M+11.7% | $40.2M+14.5% | $35.1M+13.6% | $30.9M-25.9% | |
| Costs of revenue, excluding depreciation and amortization by Business | ||||||
| Clean Energy and Infrastructure | $1.18B+3.2% | $1.15B-4.2% | $1.2B+19.4% | $1B+24.2% | $807.5M-26.5% | |
| Communications | $734.5M-9.3% | $809.9M+2.0% | $794.3M+8.3% | $733.3M+19.1% | $615.9M-5.3% | |
| Other | $0— | $0— | $0— | $0— | $0— | |
| Pipeline Infrastructure | $516M+1.3% | $509.2M+3.8% | $490.6M+6.1% | $462.2M+53.9% | $300.3M-17.2% | |
| Power Delivery | $935.5M-4.9% | $983.3M+1.8% | $966.2M+5.1% | $919.2M+12.4% | $817.5M-6.0% | |
| Consolidated assets by Business | ||||||
| Clean Energy and Infrastructure | $3.17B+12.7% | $2.82B+3.8% | $2.71B+6.6% | $2.54B+1.4% | $2.51B-7.3% | |
| Communications | $1.95B-0.8% | $1.96B+1.9% | $1.93B+5.6% | $1.82B+6.3% | $1.72B+2.5% | |
| Corporate | $209.8M-8.9% | $230.3M— | —— | —— | —— | |
| Other | $357.1M-1.9% | $364M+14.9% | $316.8M-0.4% | $318M-0.2% | $318.6M+0.1% | |
| Pipeline Infrastructure | $2.03B+5.4% | $1.93B+6.5% | $1.81B+5.9% | $1.71B+8.6% | $1.58B-1.5% | |
| Power Delivery | $2.72B+3.8% | $2.62B-3.1% | $2.71B+5.4% | $2.57B+4.1% | $2.46B-1.0% | |
| Segment EBITDA by Business | ||||||
| Clean Energy and Infrastructure | $89M-4.1% | $92.8M-19.6% | $115.4M+38.5% | $83.3M+45.9% | $57.1M-45.2% | |
| Communications | $46.8M-39.3% | $77.1M-25.1% | $103M+24.7% | $82.6M+76.5% | $46.8M-29.5% | |
| Other | -$10.4M-222% | $8.5M+19.7% | $7.1M-1.4% | $7.2M-10.0% | $8M-11.1% | |
| Pipeline Infrastructure | $144.9M+21.5% | $119.3M+29.7% | $92M+48.1% | $62.1M+39.6% | $44.5M-23.9% | |
| Power Delivery | $72M-21.7% | $91.9M-11.9% | $104.3M+14.2% | $91.3M+78.0% | $51.3M-39.3% | |
| Consolidated depreciation and amortization by Business | ||||||
| Clean Energy and Infrastructure | $36.1M+33.7% | $27M+1.5% | $26.6M-1.1% | $26.9M-2.9% | $27.7M-5.5% | |
| Communications | $18.1M+21.5% | $14.9M-5.7% | $15.8M+17.9% | $13.4M-16.8% | $16.1M0.0% | |
| Other | $0— | $0— | $0— | $0— | $0— | |
| Pipeline Infrastructure | $34M+10.4% | $30.8M+19.8% | $25.7M+2.4% | $25.1M-2.7% | $25.8M-3.0% | |
| Power Delivery | $31.7M-11.9% | $36M+5.3% | $34.2M-2.3% | $35M-5.7% | $37.1M-8.6% | |
| Consolidated capital expenditures by Business | ||||||
| Clean Energy and Infrastructure | $13.6M+74.4% | $7.8M+1.3% | $7.7M-32.5% | $11.4M+44.3% | $7.9M+17.9% | |
| Communications | $3.4M+78.9% | $1.9M-51.3% | $3.9M-57.1% | $9.1M+28.2% | $7.1M+44.9% | |
| Other | $0— | $0— | $0— | $0— | $0— | |
| Pipeline Infrastructure | $41.2M+0.5% | $41M+48.6% | $27.6M+27.8% | $21.6M+114% | $10.1M+98.0% | |
| Power Delivery | $32M+43.5% | $22.3M+43.9% | $15.5M-21.3% | $19.7M-7.1% | $21.2M-31.8% | |
| Goodwill, net by Business | ||||||
| Clean Energy and Infrastructure | $872.4M+13.7% | $767.5M+2.9% | $745.7M0.0% | $745.7M+0.5% | $742.3M0.0% | |
| Communications | $555.6M-0.3% | $557M+1.8% | $547M+0.1% | $546.5M0.0% | $546.5M0.0% | |
| Pipeline Infrastructure | $526.4M-0.2% | $527.3M+0.6% | $524.3M+0.2% | $523.4M+0.9% | $518.9M0.0% | |
| Power Delivery | $397.2M0.0% | $397.2M0.0% | $397.2M0.0% | $397.2M0.0% | $397.2M+0.5% | |
| Currency translation adjustments by Business | ||||||
| Clean Energy and Infrastructure | $0— | $0— | $0— | —— | —— | |
| Communications | $0— | $0— | $0— | —— | —— | |
| Pipeline Infrastructure | -$1M-200% | $1M— | —— | —— | —— | |
| Power Delivery | $0— | $0— | $0— | —— | —— | |
| Additions from new business combinations by Business | ||||||
| Clean Energy and Infrastructure | $97.7M+348% | $21.8M— | —— | —— | —— | |
| Communications | $0-100% | $10M— | —— | —— | —— | |
| Pipeline Infrastructure | $0-100% | $350K0.0% | $350K0.0% | $350K0.0% | $350K-97.4% | |
| Power Delivery | $0— | $0— | —— | —— | —— | |
| Measurement period adjustments by Business | ||||||
| Clean Energy and Infrastructure | $7.2M— | —— | —— | $3.4M— | $0— | |
| Communications | -$1.4M— | $0— | $0— | $0— | $0-100% | |
| Pipeline Infrastructure | $100K-95.0% | $2M+81.8% | $1.1M+57.1% | $700K— | $0— | |
| Power Delivery | $0— | —— | —— | —— | $1.8M— | |
| Self-insurance reserve by Product | ||||||
| Employee Group Medical Claims | $7.5M+226% | $2.3M+4.5% | $2.2M-46.3% | $4.1M-19.6% | $5.1M+8.5% | |
| Workers' Compensation, General and Automobile Policies | $325.2M+6.0% | $306.8M+4.0% | $295.1M+7.0% | $275.7M+8.2% | $254.9M+1.6% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does MasTec break its business down?
- MasTec (MTZ) reports revenue by business across 5 parts — Clean Energy and Infrastructure, Communications, Other, Pipeline Infrastructure and Power Delivery. Each is extracted from the segment footnotes and tracked over time.
- Where does MasTec's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in MasTec's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
