secwatch.observer — SEC 8-K summary
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Issuer:     MASTEC INC (MTZ)
CIK:        0000015615
Form:       8-K
Filed at:   2025-02-28T23:59:59+00:00
Accession:  0001193125-25-040255
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MasTec Q4 net income $84.7M, record backlog $14.3B, 2025 revenue guide $13.45B
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/15615/000119312525040255/0001193125-25-040255-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/15615/000119312525040255/d924094d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-040255

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer