MasTec MTZ Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Revenue by Business | |||||
| Clean Energy and Infrastructure | $4.7B+14.8% | $4.09B+3.3% | $3.96B+51.3% | $2.62B+40.4% | |
| Communications | $3.34B+32.3% | $2.52B+1.0% | $2.5B-22.7% | $3.23B+26.8% | |
| Other | $0— | $0— | $0— | $0— | |
| Pipeline Infrastructure | $2.14B+0.2% | $2.13B+2.9% | $2.07B+70.0% | $1.22B— | |
| Power Delivery | $4.18B+15.6% | $3.61B-0.3% | $3.63B+33.0% | $2.73B+168% | |
| Other segment items by Business | |||||
| Clean Energy and Infrastructure | $195M-0.1% | $195.2M-8.2% | $212.7M+67.5% | $127M— | |
| Communications | $76.3M-6.6% | $81.7M-19.7% | $101.7M+6.0% | $95.9M— | |
| Other | -$30.8M-18.0% | -$26.1M0.0% | -$26.1M+10.0% | -$29M— | |
| Pipeline Infrastructure | $57.7M+6.1% | $54.4M-4.4% | $56.9M+83.0% | $31.1M— | |
| Power Delivery | $151.1M+1.6% | $148.7M+5.8% | $140.6M+4.5% | $134.5M— | |
| Costs of revenue, excluding depreciation and amortization by Business | |||||
| Clean Energy and Infrastructure | $4.16B+14.2% | $3.64B+0.6% | $3.62B+51.4% | $2.39B— | |
| Communications | $2.95B+32.9% | $2.22B+6.6% | $2.09B-25.8% | $2.81B— | |
| Other | $0— | $0-100% | $1.1M+139% | -$2.8M— | |
| Pipeline Infrastructure | $1.76B+4.3% | $1.69B-2.4% | $1.73B+68.9% | $1.03B— | |
| Power Delivery | $3.69B+16.6% | $3.16B-0.7% | $3.19B+33.4% | $2.39B— | |
| Consolidated assets by Business | |||||
| Clean Energy and Infrastructure | $10.58B-0.5% | $10.63B— | —— | —— | |
| Communications | $7.43B-9.3% | $8.2B— | —— | —— | |
| Other | $1.32B+4.8% | $1.26B+3.0% | $1.22B+8.6% | $1.12B— | |
| Pipeline Infrastructure | $7.03B— | —— | —— | —— | |
| Power Delivery | $10.36B+32.1% | $7.84B— | —— | —— | |
| Segment EBITDA by Business | |||||
| Clean Energy and Infrastructure | $348.6M+35.6% | $257M+94.1% | $132.4M+28.8% | $102.8M+36.9% | |
| Communications | $309.5M+40.7% | $220M— | —— | $327.1M+21.3% | |
| Other | $30.8M+18.0% | $26.1M+4.0% | $25.1M-20.8% | $31.7M-5.9% | |
| Pipeline Infrastructure | $317.9M-18.4% | $389.5M+37.0% | $284.4M+73.9% | $163.5M— | |
| Power Delivery | $338.8M+12.4% | $301.3M+1.1% | $298M+46.9% | $202.9M+198% | |
| Consolidated depreciation and amortization by Business | |||||
| Clean Energy and Infrastructure | $108.2M-12.0% | $123M-14.6% | $144.1M+65.6% | $87M+100% | |
| Communications | $60.2M-19.1% | $74.4M— | —— | $126.5M+27.4% | |
| Other | $0— | $0— | $0— | $0— | |
| Pipeline Infrastructure | $107.4M-16.7% | $128.9M-15.7% | $152.9M+13.6% | $134.6M— | |
| Power Delivery | $142.3M-16.4% | $170.2M-19.6% | $211.7M+43.1% | $147.9M+140% | |
| Consolidated capital expenditures by Business | |||||
| Clean Energy and Infrastructure | $34.8M+28.9% | $27M-12.6% | $30.9M-13.7% | $35.8M-19.7% | |
| Communications | $22M+31.0% | $16.8M-28.8% | $23.6M-72.9% | $87.1M+72.1% | |
| Other | $0— | $0— | $0— | $0— | |
| Pipeline Infrastructure | $100.3M+265% | $27.5M-63.8% | $76M+55.1% | $49M— | |
| Power Delivery | $78.7M+8.3% | $72.7M+28.2% | $56.7M-32.0% | $83.4M+542% | |
| Goodwill, net by Business | |||||
| Clean Energy and Infrastructure | $3B+1.1% | $2.97B+1.1% | $2.94B— | —— | |
| Communications | $2.2B-11.7% | $2.49B+3.4% | $2.41B— | —— | |
| Pipeline Infrastructure | $2.09B— | —— | —— | —— | |
| Power Delivery | $1.59B+30.6% | $1.22B+2.8% | $1.18B— | —— | |
| Additions from new business combinations by Business | |||||
| Pipeline Infrastructure | $1.4M-97.4% | $53.4M— | $0— | —— | |
| Measurement period adjustments by Business | |||||
| Communications | $0-100% | $700K— | —— | —— | |
| Pipeline Infrastructure | $3.8M— | $0-100% | $800K— | —— | |
| Per claim deductible, insurance policies by Product | |||||
| Automobile Liability | $25M+150% | $10M— | —— | —— | |
| General Liability Policy | $25M+150% | $10M0.0% | $10M+100% | $5M0.0% | |
| Workers' Compensation Policy | $2M0.0% | $2M0.0% | $2M0.0% | $2M0.0% | |
| Self-insurance reserve by Product | |||||
| Employee Group Medical Claims | $13.7M-31.8% | $20.1M+14.2% | $17.6M+1.7% | $17.3M-10.4% | |
| Workers' Compensation, General and Automobile Policies | $1.13B+22.7% | $922.8M+15.8% | $796.9M+8.8% | $732.5M+17.1% |
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.
