Highest-materiality recent filing
MasTec Q2 revenue $4.4B record, EPS $1.65; raises FY adjusted EPS guidance to $9.30
Q2 revenue $4.374B (+23% YoY), GAAP net income $146M, diluted EPS $1.65; adjusted EPS $2.22 (+49% YoY).
MasTec borrows $1.3B to fund acquisition of Electrical Specialists (Superior Group)
Drew $700M under new term loan agreement on July 20, 2026.
MasTec to acquire Superior Group for ~$475M in stock; enters $700M term loan
Acquisition of Electrical Specialists (Superior Group) for ~$475M in stock (1.195M shares, ~1.5% of outstanding).
MasTec Q1 2026 revenue $3.8B (+34% YoY), beats guidance; raises FY2026 EPS and EBITDA outlook
Revenue $3.8B (+34% YoY), record Q1; GAAP diluted EPS $0.77 (+516%), adjusted diluted EPS $1.39 (+174%).
MasTec reports record Q4 revenue $3.94B, adjusted EPS $2.07; guides 2026 revenue to $17B
Record Q4 revenue $3.94B (+16% YoY); full-year revenue $14.3B (+16%), exceeding guidance.
MasTec Q3 revenue $4.0B (+22% YoY), EPS $2.04 ($2.48 adj); beats guidance, raises FY outlook
Record quarterly revenue of $4.0B (+22% YoY); GAAP net income $166.5M, Adj. EBITDA $373.5M.
MasTec Q2 revenue $3.5B (+20% YoY), adjusted EPS $1.49, raises FY2025 guidance
GAAP diluted EPS $1.09, adjusted diluted EPS $1.49; both above guidance and up 154% and 49% YoY.
MasTec refinances with $1.9B revolver and new $600M term loan; covenants eased
Revolver increased to $1.9B, maturity extended to 5 years; $328M prior term loans terminated.
MasTec Q1 beats: adj EPS $0.51 vs guided $0.34; FY adj EPS raised ~9%
Q1 revenue $2.848B (+6% YoY); GAAP net income $12.3M ($0.13 EPS); adj net income $42M ($0.51 adj EPS), beating guidance by $0.17.
MasTec Q4 net income $84.7M, record backlog $14.3B, 2025 revenue guide $13.45B
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.
MasTec beats Q3 expectations, raises full-year guidance; GAAP EPS $1.21 vs $0.18 YoY
Q3 revenue $3.3B (flat YoY); net income $105.4M ($1.21 diluted EPS) vs $15.3M ($0.18) in Q3 2023.
MasTec Q2 adj EPS $0.96 beats target; record backlog $13.3B; FY rev guidance $12.4B
Q2 revenue $2.96B (+3% YoY); GAAP EPS $0.43; adj diluted EPS $0.96 ($0.08 above expectations).
MasTec prices $550M 5.900% senior notes due 2029
Notes priced at 99.956%, pay semi-annual interest; mature June 15, 2029.
MasTec Q1 2024 net loss narrows to $34.5M; raises FY 2024 revenue guidance to $12.55B
Q1 2024 revenue $2.69B (record first quarter, +4% YoY); GAAP net loss $34.5M vs $80.5M loss in Q1 2023.
Q4 revenue $3.28B (+9% YoY); GAAP net income $1.2M ($0.01 diluted EPS); adjusted EPS $0.66.
MasTec reports Q3 record revenue $3.26B; cuts FY23 guidance to net loss ~$61M
Q3 revenue $3.26B (record); GAAP EPS $0.18, adj. EPS $0.95; adj. EBITDA $271M.
MasTec Q2 revenue record $2.87B (+25% YoY); guides FY23 adj EPS $3.75-$4.19
Q2 2023 GAAP net income $16.8M ($0.20/shr); adj net income $70.7M ($0.89/shr), beating guidance by $0.03.
Q1 revenue $2.58B (+32% YoY); GAAP net loss $80.5M ($1.05/sh) vs loss $35M ($0.47/sh) in Q1 2022.
MasTec promotes Paul DiMarco to EVP & CFO effective April 1, 2023
Paul DiMarco, age 44, named Executive Vice President and CFO, succeeding retiring George Pita.
Q4 2022: Revenue $3.0B (+66% YoY); GAAP net income $3.4M ($0.04 EPS); adjusted EPS $1.03; adjusted EBITDA $258M (8.6% margin).
MasTec Q3 revenue up to $2.5B but EPS drops; record $11.2B backlog; guides FY22 rev $9.7B
Q3 GAAP diluted EPS $0.65 vs $1.50 YoY; adjusted diluted EPS $1.34 vs $1.89.
MasTec completes IEA acquisition; borrows $700M term loan; assumes IEA senior notes
Completed acquisition of IEA on Oct 7, 2022; issued ~2.65M shares of MTZ common stock to IEA shareholders.
MasTec and IEA HSR waiting period expires; deal expected to close October 2022
Expiration of HSR waiting period removes one condition for MasTec's acquisition of IEA.
MasTec Q2 revenue up 17% to $2.3B, GAAP EPS $0.20; reaffirms FY guidance with record backlog $11.0B
Q2 revenue $2.3B (+17% YoY); GAAP net income $16.3M, diluted EPS $0.20; adjusted EPS $0.73.
On July 24, 2026, the Board of Directors (the “Board”) of MasTec, Inc. (the “Company”) appointed Mr. Alexander Benjamin Spiro as a Class III director to fill a vacancy in that Board Class following an increase in the size of the Board from nine (9) to ten (10) directors.
On June 30, 2026, the Board of Directors (the “Board”) of the Company appointed Mr. Manuel Benito Miranda as a Class II director to fill a vacancy in that Board Class following an increase in the size of the Board from eight (8) to nine (9) directors.
On May 16, 2023, the Company created the new position of Chief Accounting Officer and promoted T. Michael Love, age 57, to serve as Chief Accounting Officer of the Company, effective May 16, 2023.
On March 9, 2023, the Company promoted Paul DiMarco, age 44, to serve as Executive Vice President and Chief Financial Officer of the Company, effective April 1, 2023, to fill the vacancy created by the previously disclosed retirement of George Pita.
Mr. DiMarco’s appointment will take effect following Mr. Pita’s retirement on March 31, 2023.
On December 21, 2022, George Pita, Executive Vice President and Chief Financial Officer of MasTec, Inc., a Florida corporation (the “ Company ”), notified the Company that he is retiring and resigning from his positions with the Company effective March 31, 2023.
Paul DiMarco, CFO of the Company’s Power Delivery segment, has been identified to be Mr. Pita’s successor effective upon Mr. Pita’s retirement, pending formal appointment by the Company’s Board of Directors.
On March 25, 2022, the Board of Directors (the “Board”) of MasTec, Inc., a Florida corporation (“MasTec”), appointed Ms. Ava L. Parker as a Class III director to fill a vacancy in that Board Class due to the passing of Jose S. Sorzano.
Max materiality 0.85 · Median 0.55 · Most common event earnings