---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-203179"
form_type: "8-K"
ticker: "MTZ"
cik: "0000015615"
company_name: "MASTEC INC"
filed_at: "2023-08-04T23:59:59+00:00"
generated_at: "2026-06-12T05:58:10.865074+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# MasTec Q2 revenue record $2.87B (+25% YoY); guides FY23 adj EPS $3.75-$4.19

## Summary
- Q2 2023 GAAP net income $16.8M ($0.20/shr); adj net income $70.7M ($0.89/shr), beating guidance by $0.03.
- Adjusted EBITDA $255.4M (+43% YoY); adjusted EBITDA margin 8.9%, up from 7.8% YoY.
- Full year 2023 guidance updated: revenue $12.7-13.0B, adj EBITDA $1.05-1.10B, adj EPS $3.75-$4.19.
- Clean Energy & Infra segment margins improved ~600bps YoY, but IEA project delays push some revenue into 2024.
- Backlog $13.4B, up 22% YoY; net debt $3.2B, liquidity ~$900M, DSO improved 4 days.

## SEC filing metadata
- accession: 0001193125-23-203179
- form_type: 8-K
- ticker: MTZ
- cik: 0000015615
- company_name: MASTEC INC
- filed_at: 2023-08-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/15615/000119312523203179/0001193125-23-203179-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/15615/000119312523203179/d517227d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-203179
- JSON: https://secwatch.observer/filing/0001193125-23-203179.json
- Plain text: https://secwatch.observer/filing/0001193125-23-203179.txt

## Key facts
- Earnings Releases
  MASTEC INC reported second quarter 2023 results: revenue $2.87 billion, net income $16.8 million, EPS $0.20 per diluted share.
  - Period: second quarter 2023
  - Revenue: $2.87 billion
  - Net income: $16.8 million
  - EPS: $0.20 per diluted share
  - Result: reported results
  source text: Second quarter 2023 revenue was up 25% to $2.87 billion, compared to $2.30 billion for the second quarter of 2022. GAAP net income was $16.8 million, or $0.20 per diluted share, compared to net income of $16.3 million, or $0.20 per diluted share, in the second quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/15615/000119312523203179/0001193125-23-203179-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.