MasTec, Inc.
MTZFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
12,303
Cost of Revenue
10,676
Gross Profit
1,627
Gross Margin
13.2%
Operating Income
436
Operating Margin
3.5%
Net Income
163
Net Margin
1.3%
EPS (Basic)
$2.09
EPS (Diluted)
$2.06
EBITDA
951
EBITDA Margin
7.7%
2023
12/31/2023
Revenue
11,996
Cost of Revenue
11,209
Gross Profit
787
Gross Margin
6.6%
Operating Income
152
Operating Margin
1.3%
Net Income
-50
Net Margin
-0.4%
EPS (Basic)
$-0.64
EPS (Diluted)
$-0.64
EBITDA
755
EBITDA Margin
6.3%
2022
12/31/2022
Revenue
9,778
Cost of Revenue
8,586
Gross Profit
1,192
Gross Margin
12.2%
Operating Income
125
Operating Margin
1.3%
Net Income
33
Net Margin
0.3%
EPS (Basic)
$0.45
EPS (Diluted)
$0.42
EBITDA
662
EBITDA Margin
6.8%
2021
12/31/2021
Revenue
7,952
Cost of Revenue
6,806
Gross Profit
1,146
Gross Margin
14.4%
Operating Income
416
Operating Margin
5.2%
Net Income
329
Net Margin
4.1%
EPS (Basic)
$4.54
EPS (Diluted)
$4.45
EBITDA
906
EBITDA Margin
11.4%
2020
12/31/2020
Revenue
6,321
Cost of Revenue
5,271
Gross Profit
1,050
Gross Margin
16.6%
Operating Income
0
Operating Margin
0.0%
Net Income
323
Net Margin
5.1%
EPS (Basic)
$4.43
EPS (Diluted)
$4.38
EBITDA
783
EBITDA Margin
12.4%