MTZ FY 2023 Earnings — MasTec, Inc. Revenue & Financial Results | Market Cap Arena

MTZMasTec, Inc.

$24B

FY 2023 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$12.0B+22.7% YoY

Gross Profit

$787M6.6% margin

Operating Income

$152M1.3% margin

Net Income

-$50M-0.4% margin

EPS (Diluted)

$-0.64

Cash Flow

Operating Cash Flow

$687M

Free Cash Flow

$494M

Stock-Based Comp.

$33M

Balance Sheet

Total Assets

$9.4B

Total Liabilities

$6.7B

Stockholders' Equity

$2.7B

Cash & Equivalents

$530M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$12.0B	$9.8B	+22.7%
Gross Profit	$787M	$1.2B	-34.0%
Operating Income	$152M	$125M	+21.5%
Net Income	-$50M	$33M	-249.8%