MTZ Q2 2024 Earnings — MasTec, Inc. Revenue & Financial Results | Market Cap Arena

MTZMasTec, Inc.

$24B

Q2 2024 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$3.0B+3.0% YoY

Gross Profit

$285M9.6% margin

Operating Income

$118M4.0% margin

Net Income

$34M1.1% margin

EPS (Diluted)

$0.43

QoQ Revenue Growth

+10.2%

Cash Flow

Operating Cash Flow

$264M

Free Cash Flow

$233M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$8.7B

Total Liabilities

$5.9B

Stockholders' Equity

$2.7B

Cash & Equivalents

$298M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.0B	$2.9B	+3.0%
Gross Profit	$285M	$247M	+15.5%
Operating Income	$118M	$91M	+29.7%
Net Income	$34M	$16M	+118.7%

Revenue Segments

Clean Energy and Infrastructure

$942M32%

Communications

$825M28%

Power Delivery

$637M21%

Oil And Gas Segment

$572M19%