📊 MTZ Key Takeaways
Is Mastec Inc. (MTZ) a Good Investment?
MTZ demonstrates concerning operational fundamentals despite strong 16% revenue growth. Net income remained flat YoY while net margin deteriorated to 1.6%, and critically, free cash flow generation is negligible at $2.1M—only 0.1% of $3.8B revenue. With thin operating margins of 3.7% and ROE of just 1.8%, the capital-intensive business model is generating insufficient returns.
MasTec shows strong revenue growth with solid liquidity, moderate leverage, and healthy interest coverage, while generating positive free cash flow. However, profitability is thin and net income is flat year over year, so a clear, sustained improvement in operating margin and cash conversion is needed before a more constructive view.
Why Buy Mastec Inc. Stock? MTZ Key Strengths
- Strong revenue growth of 16.2% YoY reflects solid market demand and contract wins
- Moderate leverage with debt-to-equity of 0.72x provides some financial flexibility
- Positive operating cash flow of $98.9M supports ongoing operations
- Double-digit revenue growth (+16.2% YoY)
- Healthy interest coverage (10.6x) with moderate leverage (0.67x D/E)
- Positive free cash flow with operating cash flow > net income
MTZ Stock Risks: Mastec Inc. Investment Risks
- Critical FCF crisis: only $2.1M free cash flow on $3.8B revenue (0.1% margin) leaves no margin for error or shareholder returns
- Deteriorating profitability: net income flat YoY despite 16% revenue growth indicates rising costs or operational inefficiency
- Extremely thin margins across all levels (gross 8.3%, operating 3.7%, net 1.6%) and poor capital efficiency (ROE 1.8%, ROA 0.6%) suggest structural business challenges
- Interest coverage of 2.9x is tight, leaving limited cushion for adverse market conditions or rate increases
- Very thin margins (2.2% gross, 2.8% net) heighten execution risk
- Working capital swings can pressure cash flow in project-based businesses
- Earnings not rising with revenue suggests mix/margin pressure
Key Metrics to Watch
- Free cash flow trend and sustainability—must improve significantly to justify investment
- Net income growth rate relative to revenue growth—should decouple from flat trajectory
- Operating margin expansion—critical to profitability model given revenue scale
- Operating margin
- Free cash flow margin
Mastec Inc. (MTZ) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The relatively thin 0.1% FCF margin may limit capital allocation flexibility.
MTZ Profit Margin, ROE & Profitability Analysis
MTZ vs Industrial Sector: How Mastec Inc. Compares
How Mastec Inc. compares to Industrial sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Mastec Inc. Stock Overvalued? MTZ Valuation Analysis 2026
Based on fundamental analysis, Mastec Inc. shows some fundamental concerns relative to the Industrial sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Mastec Inc. Balance Sheet: MTZ Debt, Cash & Liquidity
MTZ Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Mastec Inc.'s revenue has grown significantly by 80% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.64 indicates the company is currently unprofitable.
MTZ Revenue Growth, EPS Growth & YoY Performance
MTZ Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $2.8B | $9.9M | $0.13 |
| Q3 2025 | $3.3B | $88.0M | $1.12 |
| Q2 2025 | $3.0B | -$7.2M | $-0.09 |
| Q1 2025 | $2.7B | $9.9M | $0.13 |
| Q3 2024 | $3.3B | $14.3M | $0.18 |
| Q2 2024 | $2.9B | -$7.2M | $-0.09 |
| Q1 2024 | $2.6B | -$41.2M | $-0.53 |
| Q3 2023 | $2.5B | $14.3M | $0.18 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Mastec Inc. Dividends, Buybacks & Capital Allocation
MTZ SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Mastec Inc. (CIK: 0000015615)
📋 Recent SEC Filings
❓ Frequently Asked Questions about MTZ
What is the AI rating for MTZ?
Mastec Inc. (MTZ) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (HOLD) with 68% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are MTZ's key strengths?
Claude: Strong revenue growth of 16.2% YoY reflects solid market demand and contract wins. Moderate leverage with debt-to-equity of 0.72x provides some financial flexibility. ChatGPT: Double-digit revenue growth (+16.2% YoY). Healthy interest coverage (10.6x) with moderate leverage (0.67x D/E).
What are the risks of investing in MTZ?
Claude: Critical FCF crisis: only $2.1M free cash flow on $3.8B revenue (0.1% margin) leaves no margin for error or shareholder returns. Deteriorating profitability: net income flat YoY despite 16% revenue growth indicates rising costs or operational inefficiency. ChatGPT: Very thin margins (2.2% gross, 2.8% net) heighten execution risk. Working capital swings can pressure cash flow in project-based businesses.
What is MTZ's revenue and growth?
Mastec Inc. reported revenue of $3.8B.
Does MTZ pay dividends?
Mastec Inc. does not currently pay dividends.
Where can I find MTZ SEC filings?
Official SEC filings for Mastec Inc. (CIK: 0000015615) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is MTZ's EPS?
Mastec Inc. has a diluted EPS of $0.77.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is MTZ a good stock to buy right now?
Based on our AI fundamental analysis in May 2026, Mastec Inc. has a SELL rating with 68% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is MTZ stock overvalued or undervalued?
Valuation metrics for MTZ: ROE of 1.8% (sector avg: 15%), net margin of 1.6% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
Should I buy MTZ stock in 2026?
Our dual AI analysis gives Mastec Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is MTZ's free cash flow?
Mastec Inc.'s operating cash flow is $98.9M, with capital expenditures of $96.8M. FCF margin is 0.1%.
How does MTZ compare to other Industrial stocks?
Vs Industrial sector averages: Net margin 1.6% (avg: 10%), ROE 1.8% (avg: 15%), current ratio 1.32 (avg: 1.8).