MTZ Q1 2022 Earnings — MasTec, Inc. Revenue & Financial Results | Market Cap Arena

MTZMasTec, Inc.

$24B

Q1 2022 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$2.0B+10.1% YoY

Gross Profit

$110M5.6% margin

Operating Income

$22M1.1% margin

Net Income

-$35M-1.8% margin

EPS (Diluted)

$-0.47

QoQ Revenue Growth

+8.0%

Cash Flow

Operating Cash Flow

$132M

Free Cash Flow

$48M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$7.1B

Total Liabilities

$4.6B

Stockholders' Equity

$2.5B

Cash & Equivalents

$233M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.0B	$1.8B	+10.1%
Gross Profit	$110M	$262M	-57.8%
Operating Income	$22M	$191M	-88.5%
Net Income	-$35M	$66M	-153.3%

Revenue Segments

Communications Segment

$664M34%

Power Delivery Segment

$651M33%

Clean Energy and Infrastructure Segment

$436M22%

Oil And Gas Segment

$211M11%

Geographic Segments

UNITED STATES

$1.9B99%

Non-US

$25M1%