---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-054015"
form_type: "8-K"
ticker: "MTZ"
cik: "0000015615"
company_name: "MASTEC INC"
filed_at: "2024-03-01T23:59:59+00:00"
generated_at: "2026-06-05T05:29:57.364609+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# MasTec reports Q4 revenue $3.3B, FY 2023 revenue $12.0B; provides 2024 guidance of $12.5B revenue and adjusted EPS $2.69

## Summary
- Q4 revenue $3.28B (+9% YoY); GAAP net income $1.2M ($0.01 diluted EPS); adjusted EPS $0.66.
- FY 2023 revenue $12.0B (+23% YoY); GAAP net loss $47.3M (loss $0.64/sh); adjusted EPS $1.97.
- FY 2023 cash from ops $687M (+95% YoY); net debt reduced $455M in Q4; leverage ratio improved to 2.9x.
- FY 2024 guidance: revenue $12.5B, GAAP net income $105M ($1.04/sh), adjusted EBITDA $955M, adjusted EPS $2.69.
- Q1 2024 guidance: revenue $2.6B, GAAP net loss $61M ($0.88/sh), adjusted loss $0.48/sh on seasonal delays.

## SEC filing metadata
- accession: 0001193125-24-054015
- form_type: 8-K
- ticker: MTZ
- cik: 0000015615
- company_name: MASTEC INC
- filed_at: 2024-03-01T23:59:59+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/15615/000119312524054015/0001193125-24-054015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/15615/000119312524054015/d775448d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-054015
- JSON: https://secwatch.observer/filing/0001193125-24-054015.json
- Plain text: https://secwatch.observer/filing/0001193125-24-054015.txt

## Key facts
- Earnings Releases
  MASTEC INC reported Fourth quarter 2023 results: revenue $3.3 billion, net income $1.2 million, EPS $0.01 per diluted share.
  - Period: Fourth quarter 2023
  - Revenue: $3.3 billion
  - Net income: $1.2 million
  - EPS: $0.01 per diluted share
  - Result: reported results
  source text: Fourth quarter 2023 revenue was up 9.0% to $3.3 billion, compared to $3.0 billion for the fourth quarter of 2022. GAAP net income was $1.2 million, or $0.01 per diluted share, compared to $3.4 million, or $0.04 per diluted share, in the fourth quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/15615/000119312524054015/0001193125-24-054015-index.htm
- Earnings Releases
  MASTEC INC reported first quarter of 2024 results: revenue approximately $2.6 billion, net income approximately $61 million, EPS approximately $0.88. Guidance initiated.
  - Period: first quarter of 2024
  - Revenue: approximately $2.6 billion
  - Net income: approximately $61 million
  - EPS: approximately $0.88
  - Guidance: initiated
  - Result: guidance update
  source text: For the first quarter of 2024, the Company expects revenue of approximately $2.6 billion. First quarter 2024 GAAP net loss is expected to approximate $61 million, with GAAP diluted loss per share expected to approximate $0.88.
  evidence_url: https://www.sec.gov/Archives/edgar/data/15615/000119312524054015/0001193125-24-054015-index.htm
- Earnings Releases
  MASTEC INC reported full year 2024 results: revenue approximately $12.5 billion, net income approximately $105 million, EPS $1.04. Guidance initiated.
  - Period: full year 2024
  - Revenue: approximately $12.5 billion
  - Net income: approximately $105 million
  - EPS: $1.04
  - Guidance: initiated
  - Result: guidance update
  source text: The Company currently expects full year 2024 revenue will approximate $12.5 billion, a record level. 2024 full year GAAP net income and diluted earnings per share are expected to approximate $105 million and $1.04, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/15615/000119312524054015/0001193125-24-054015-index.htm
- Earnings Releases
  MASTEC INC reported Full year 2023 results: revenue $12.0 billion, net income GAAP net loss was $47.3 million, EPS loss of $0.64 per diluted share.
  - Period: Full year 2023
  - Revenue: $12.0 billion
  - Net income: GAAP net loss was $47.3 million
  - EPS: loss of $0.64 per diluted share
  - Result: reported results
  source text: For the year ended December 31, 2023, revenue was up 23% to $12.0 billion, compared to $9.8 billion for the prior year. GAAP net loss was $47.3 million, or a loss of $0.64 per diluted share, compared to net income of $33.9 million, or earnings of $0.42 per diluted share in 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/15615/000119312524054015/0001193125-24-054015-index.htm

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