MTZ Q3 2024 Earnings — MasTec, Inc. Revenue & Financial Results | Market Cap Arena

MTZMasTec, Inc.

$24B

Q3 2024 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$3.3B-0.1% YoY

Gross Profit

$463M14.2% margin

Operating Income

$180M5.5% margin

Net Income

$95M2.9% margin

EPS (Diluted)

$1.21

QoQ Revenue Growth

+9.8%

Cash Flow

Operating Cash Flow

$278M

Free Cash Flow

$234M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$8.8B

Total Liabilities

$5.9B

Stockholders' Equity

$2.8B

Cash & Equivalents

$181M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.3B	$3.3B	-0.1%
Gross Profit	$463M	$403M	+15.0%
Operating Income	$180M	$240M	-25.2%
Net Income	$95M	$14M	+566.2%

Revenue Segments

Clean Energy and Infrastructure

$1.1B35%

Communications

$927M28%

Power Delivery

$713M22%

Oil And Gas Segment

$498M15%