MTZ Q1 2024 Earnings — MasTec, Inc. Revenue & Financial Results | Market Cap Arena

MTZMasTec, Inc.

$24B

Q1 2024 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$2.7B+4.0% YoY

Gross Profit

$166M6.2% margin

Operating Income

$515,0000.0% margin

Net Income

-$41M-1.5% margin

EPS (Diluted)

$-0.53

QoQ Revenue Growth

-18.1%

Cash Flow

Operating Cash Flow

$108M

Free Cash Flow

$82M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$8.7B

Total Liabilities

$6.1B

Stockholders' Equity

$2.7B

Cash & Equivalents

$249M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.7B	$2.6B	+4.0%
Gross Profit	$166M	$78M	+111.6%
Operating Income	$515,000	-$71M	+100.7%
Net Income	-$41M	-$81M	+48.9%

Revenue Segments

Clean Energy and Infrastructure

$754M28%

Communications

$733M27%

Oil And Gas Segment

$634M24%

Power Delivery

$571M21%

Geographic Segments

UNITED STATES

$2.7B99%

Non-US

$27M1%