over the course of the last 80 years, mastec companies have been involved in some of the largest and most complex infrastructure construction projects across the country. our experience has given us a deep and comprehensive understanding of the markets we serve, as well as the ability to effectively manage people, projects and equipment. it allows us to proactively identify challenges, avoid pitfalls, and overcome obstacles, and to accurately set and meet expectations for schedule and budget. with offices across the country, a workforce of nearly 12,000 skilled professionals, and an extensive wholly-owned fleet of specialized construction equipment, mastec has the resources needed to reliably deliver quality work for even the most complicated jobs. our geographic reach, scalability, and overall financial stability enable us to meet each of our customers' changing needs on a daily basis. our focus on innovation colors everything we do, and as we've grown, we've fostered it throughout e
![Mastec logo](/files/LOGO/15615-MTZ.png)
Company profile
Ticker
MTZ
Exchange
Website
CEO
Jose Mas
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
BURNUP & SIMS INC
SEC CIK
Corporate docs
Subsidiaries
A-1 Excavating, LLC • A-1 Express Trucking, LLC • A1 Traffic Control & Safety, LLC • Acietel Mexicana, S.A. • Aidco de Mexico, S.A. de C.V. • American Civil Constructors West Coast, LLC • American Civil Constructors, LLC • Bakken Aggregates, LLC • Belividere Stone, LLC • Bianchi Electric, LLC ...
IRS number
650829355
MTZ stock data
Latest filings (excl ownership)
8-K
MasTec, Inc. Announces Results of Early Participation in Tender Offer and Consent Solicitation
20 Jun 24
8-K
Entry into a Material Definitive Agreement
10 Jun 24
8-K
MasTec Announces Pricing of $550,000,000 of Senior Notes
6 Jun 24
424B5
Prospectus supplement for primary offering
6 Jun 24
FWP
Free writing prospectus
5 Jun 24
8-K
MasTec Announces Commencement of Cash Tender Offer for IEA’s 6.625% Senior Notes due 2029
5 Jun 24
424B5
Prospectus supplement for primary offering
5 Jun 24
S-8
Registration of securities for employees
3 Jun 24
S-8
Registration of securities for employees
3 Jun 24
8-K
Departure of Directors or Certain Officers
17 May 24
Transcripts
MTZ
Earnings call transcript
2024 Q1
3 May 24
MTZ
Earnings call transcript
2023 Q4
1 Mar 24
MTZ
Earnings call transcript
2023 Q3
1 Nov 23
MTZ
Earnings call transcript
2023 Q2
4 Aug 23
MTZ
Earnings call transcript
2023 Q2
4 Aug 23
MTZ
Earnings call transcript
2023 Q1
5 May 23
MTZ
Earnings call transcript
2022 Q4
24 Feb 23
MTZ
Earnings call transcript
2022 Q3
4 Nov 22
MTZ
Earnings call transcript
2022 Q2
5 Aug 22
MTZ
Earnings call transcript
2022 Q1
6 May 22
Latest ownership filings
11-K
Annual report of employee stock purchases
26 Jun 24
4
C Robert Campbell
24 May 24
4
C Robert Campbell
17 May 24
4
Ava L Parker
17 May 24
4
Javier Alberto Palomarez
17 May 24
4
JULIA L JOHNSON
17 May 24
4
Robert J Dwyer
17 May 24
4
Ernst N Csiszar
17 May 24
4
C Robert Campbell
16 May 24
4
Javier Alberto Palomarez
15 May 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 249.33 mm | 249.33 mm | 249.33 mm | 249.33 mm | 249.33 mm | 249.33 mm |
Cash burn (monthly) | 93.41 mm | (no burn) | 15.18 mm | 246.83 k | (no burn) | (no burn) |
Cash used (since last report) | 361.23 mm | n/a | 58.70 mm | 954.51 k | n/a | n/a |
Cash remaining | -111.90 mm | n/a | 190.63 mm | 248.37 mm | n/a | n/a |
Runway (months of cash) | -1.2 | n/a | 12.6 | 1006.2 | n/a | n/a |
Institutional ownership, Q1 2024
82.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 384 |
Opened positions | 136 |
Closed positions | 37 |
Increased positions | 88 |
Reduced positions | 97 |
13F shares | Current |
---|---|
Total value | 5.21 tn |
Total shares | 65.22 mm |
Total puts | 993.70 k |
Total calls | 1.83 mm |
Total put/call ratio | 0.5 |
Largest owners | Shares | Value |
---|---|---|
Mas Jorge | 6.08 mm | $583.44 mm |
Vanguard | 5.98 mm | $557.63 bn |
BLK Blackrock | 5.54 mm | $517.05 bn |
Nordea Investment Management Ab | 3.19 mm | $298.46 bn |
Alliancebernstein | 2.96 mm | $275.98 bn |
IVZ Invesco | 2.28 mm | $212.21 bn |
Hill City Capital | 2.13 mm | $198.62 bn |
Allspring Global Investments | 2.00 mm | $186.42 bn |
STT State Street | 1.80 mm | $167.89 bn |
Electron Capital Partners | 1.72 mm | $160.40 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
22 May 24 | Campbell C Robert | Common Stock | Sell | Dispose S | No | No | 110 | 2,000 | 220.00 k | 50,725 |
15 May 24 | Csiszar Ernst N | Common Stock | Payment of exercise | Dispose F | No | No | 106.99 | 98 | 10.49 k | 29,536 |
15 May 24 | Csiszar Ernst N | Common Stock | Grant | Acquire A | No | No | 0 | 443 | 0.00 | 29,634 |
15 May 24 | Julia L Johnson | Common Stock | Grant | Acquire A | No | No | 0 | 373 | 0.00 | 71,394 |
15 May 24 | Palomarez Javier Alberto | Common Stock | Payment of exercise | Dispose F | No | No | 106.99 | 83 | 8.88 k | 10,306 |
15 May 24 | Palomarez Javier Alberto | Common Stock | Grant | Acquire A | No | No | 0 | 373 | 0.00 | 10,389 |
15 May 24 | Ava L Parker | Common Stock | Payment of exercise | Dispose F | No | No | 106.99 | 83 | 8.88 k | 3,295 |
15 May 24 | Ava L Parker | Common Stock | Grant | Acquire A | No | No | 0 | 373 | 0.00 | 3,378 |
News
Deep Dive Into MasTec Stock: Analyst Perspectives (14 Ratings)
22 Jul 24
Citigroup Maintains Buy on MasTec, Raises Price Target to $122
22 Jul 24
If You Invested $100 In This Stock 20 Years Ago, You Would Have $2,500 Today
12 Jul 24
Jim Cramer Recommends Buying PNC Financial Services, Calls MasTec A 'Great Infrastructure Play'
6 Jun 24
MasTec Reports Pricing Of Its Public Offering Of $550M Of Senior Notes Due 2029
5 Jun 24
Press releases
MasTec Schedules Second Quarter 2024 Earnings Release and Conference Call
18 Jul 24
MasTec, Inc. Announces Results of Early Participation in Tender Offer and Consent Solicitation
20 Jun 24
MasTec Announces Pricing of $550,000,000 of Senior Notes
5 Jun 24
MasTec Announces Commencement of Cash Tender Offer for IEA's 6.625% Senior Notes due 2029
5 Jun 24
MasTec Announces First Quarter 2024 Financial Results and Raises Guidance for the Year
2 May 24