earnings
confidence high
sentiment positive
materiality 0.80
MasTec Q4 net income $84.7M, record backlog $14.3B, 2025 revenue guide $13.45B
MASTEC INC
2024-FY EPS reported
$2.06
revenue$12,303,464,000
- Q4 2024 revenue $3.4B vs $3.3B y/y; GAAP net income $84.7M vs $1.2M; diluted EPS $0.95 vs $0.01.
- Full year revenue $12.3B; GAAP net income $199.4M (vs loss $47.3M in 2023); adjusted EPS $3.95; cash from ops $1.1B (+63%).
- Record 18-month backlog $14.3B, up $1.9B y/y; net debt leverage 1.8x; Q4 net debt reduction $318M.
- 2025 guidance: revenue $13.45B (+9%), GAAP EPS $3.75-4.24, adjusted EPS $5.35-5.84, adjusted EBITDA $1.10-1.15B.
- Q1 2025 guidance: revenue ~$2.7B, adjusted EBITDA $160M, adjusted EPS $0.34.