MTZ

Industrials

MasTec, Inc. · Engineering & Construction · $30B

UQS Score — Balanced Preset
46.8
Below Average

MasTec, Inc. scores 46.8/100 using the Balanced preset.

UQS vs Industrials Sector
MTZ
46.8
Sector avg
42.4
Quality
Weak
Moat
Weak
Growth
Strong
Risk
Neutral
Valuation
Elevated

What is MasTec, Inc.?

MasTec, Inc. is a large-cap infrastructure construction company serving communications, energy, and utility markets across the United States and Canada. Founded in 1973 and headquartered in Coral Gables, Florida, it operates across five distinct business segments.

MasTec generates revenue by engineering, building, and maintaining critical infrastructure for a broad range of customers. Its work spans wireless towers, underground fiber networks, renewable energy facilities, oil and gas pipelines, and electrical transmission systems. The company also provides ongoing maintenance, disaster restoration, and upgrade services — creating recurring revenue alongside its project-based construction work. Customers include major utilities, telecommunications carriers, and energy companies.

MasTec was founded in 1973 and is headquartered in Coral Gables, Florida.

  • Wireless and wireline communications infrastructure construction
  • Clean energy and renewable power facility development
  • Oil and gas pipeline construction and maintenance
  • Electrical transmission and distribution systems
  • Water, sewer, and civil infrastructure services

Is MTZ a Good Stock to Buy?

UQS Score rates MTZ as Below Average overall, reflecting meaningful gaps in quality and competitive positioning despite standout growth characteristics.

MasTec's Growth pillar is the clearest bright spot in its profile, reflecting strong demand tailwinds from infrastructure spending, energy transition projects, and broadband expansion. Risk comes in at a Neutral rating, suggesting the business is not in acute financial distress relative to sector peers.

Both the Quality and Moat pillars register as Weak, pointing to thin competitive differentiation and below-average business quality metrics. Valuation is rated Elevated, meaning the market may already be pricing in considerable optimism.

See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro account. Sign up free →

Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.

Does MTZ pay dividends?

No — MasTec, Inc. does not currently pay a dividend.

MasTec does not currently pay a dividend. For a capital-intensive infrastructure contractor, this is common — available cash tends to be directed toward project execution, equipment, acquisitions, and debt management rather than shareholder distributions. Investors seeking income may want to weigh this against the company's growth-oriented profile.

When does MTZ report earnings?

MasTec reports earnings on a quarterly cadence, typical for US-listed equities.

Revenue trends have been shaped by the company's heavy exposure to clean energy and communications buildout cycles, which can create quarter-to-quarter variability. Backlog levels and segment mix tend to be the key metrics investors watch each reporting period.

For the most recent quarter's results and guidance, visit MasTec's investor relations page directly.

MTZ Price History

+219.1% over 5Y

Monthly close, adjusted for stock splits and dividend reinvestment.

Return Calculator

What if I invested in MasTec, Inc.?

$
Today it would be worth
$37,354
That's a +274% total return, or +30.2% annualized.

Based on MasTec, Inc.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.

MTZ Long-term Outlook

MasTec's Strong Growth pillar suggests the business is benefiting from durable, multi-year demand cycles — particularly in grid modernization, fiber deployment, and renewable energy construction. However, the Weak Quality and Moat ratings temper the long-term outlook, as the company operates in a competitive, project-driven market with limited pricing power. The Elevated Valuation rating indicates that much of the growth narrative may already be reflected in the current share price, leaving less margin for error if execution stumbles.

Growth drivers

  • Accelerating grid modernization and power delivery investment across North America
  • Sustained demand for fiber and wireless communications infrastructure buildout
  • Renewable energy and clean energy facility construction pipeline

Key risks

  • Weak Moat rating signals limited ability to defend margins against competitors
  • Elevated Valuation leaves little room for project delays or earnings misses
  • Capital-intensive model creates sensitivity to interest rates and project financing conditions

MTZ vs Peers

MasTec competes with a range of engineering and construction firms across its infrastructure segments.

WSP.TOMTZ scores lower
WSP Global Inc.

WSP Global focuses more heavily on professional engineering and consulting services, giving it a less project-volatile revenue profile than MasTec's construction-heavy model.

EMEMTZ scores lower
EMCOR Group, Inc.

EMCOR concentrates on mechanical and electrical construction for commercial and industrial facilities, overlapping with MasTec mainly in the electrical and utility segments.

APGSimilar UQS
APi Group Corporation

APi Group emphasizes life safety and specialty services, differentiating itself from MasTec's broader infrastructure and energy construction focus.

Frequently Asked Questions

What does MasTec do?

MasTec builds and maintains infrastructure across communications, energy, and utility markets. Its work includes cell towers, fiber networks, renewable energy facilities, pipelines, and electrical transmission systems. The company also provides ongoing maintenance and disaster restoration services, giving it both project-based and recurring revenue streams.

Does MTZ pay dividends?

MasTec does not currently pay a dividend. The company operates in a capital-intensive industry where cash is typically reinvested into project execution, equipment, and strategic acquisitions rather than returned to shareholders as income distributions.

When does MTZ report earnings?

MasTec reports on a quarterly cadence, as is standard for US-listed companies. For the exact schedule and most recent results, check MasTec's official investor relations page, where earnings releases and webcasts are posted.

Is MTZ a good stock to buy?

UQS Score rates MTZ as Below Average overall. While the Growth pillar is Strong and Risk is Neutral, the Weak Quality and Moat ratings alongside an Elevated Valuation suggest meaningful trade-offs. Investors should review the full pillar breakdown before drawing conclusions.

Is MTZ overvalued?

MTZ carries an Elevated Valuation rating within the UQS framework, indicating the market may be pricing in a substantial amount of future growth already. This leaves the stock with less cushion if project timelines slip or margins come under pressure. See the full valuation analysis with a Pro account.

How does MTZ compare to its competitors?

Compared to peers like EMCOR Group, WSP Global, and APi Group, MasTec stands out for its exposure to high-growth infrastructure themes such as clean energy and broadband. However, its Weak Moat rating suggests it has less competitive differentiation than some rivals in adjacent engineering and specialty services markets.

What is MTZ's market cap bracket?

MasTec is classified as a large-cap company, reflecting its scale as one of the larger publicly traded infrastructure construction firms in North America. Large-cap status generally implies greater liquidity and institutional coverage compared to smaller peers.

Who founded MasTec?

MasTec traces its roots to 1973. The company's founding and early history are widely documented through public sources and the company's own investor relations materials, which provide detailed corporate history.

Is MTZ a long-term quality investment?

From a long-term quality standpoint, MTZ's UQS profile presents a mixed picture. The Strong Growth pillar reflects real demand tailwinds, but Weak Quality and Moat ratings indicate the business has not yet demonstrated the durable competitive advantages typically associated with high-quality long-term holdings. Pro members can view the complete multi-pillar breakdown.

What is the main competitive advantage of MasTec?

MasTec's primary advantage lies in its scale and diversification across multiple infrastructure end markets — communications, clean energy, oil and gas, and power delivery. This breadth allows it to pursue large, complex projects that smaller contractors cannot. However, the UQS Moat pillar rates this positioning as Weak relative to sector peers.

What sector does MTZ belong to?

MasTec operates in the Industrials sector, specifically within engineering and construction services. Its revenue is closely tied to capital spending cycles in telecommunications, energy transition, and utility infrastructure — making it sensitive to both regulatory policy and broader infrastructure investment trends.

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Pro Analysis

MTZ — Score History

354045505560Apr 2Apr 12Apr 22May 2May 12May 22May 24v5
Score changes· 19 most recent
DateUQSQualityMoatGrowthRiskValueChange
May 21, 202646.836.232.091.442.233.9+0.2
May 12, 202646.636.132.091.442.233.1+3.5
May 10, 202643.16.132.091.441.560.4-3.5
May 9, 202646.636.132.091.442.233.2+3.6
May 8, 202643.06.132.091.441.559.9-3.1
May 7, 202646.133.432.091.443.932.60.0
May 4, 202646.133.432.091.443.932.90.0
May 3, 202646.133.432.091.443.932.8-0.1
Apr 26, 202646.233.432.091.443.933.6-0.1
Apr 22, 202646.333.432.091.443.933.7+0.1

MTZ — Pillar Breakdown

Quality

36.2/100 (25%)

MasTec, Inc. has average quality metrics, with room for improvement in margins or capital efficiency.

Capital Efficiency (ROIC)Moderate

How effectively capital is deployed to generate returns.

Return on EquityStrong

Profitability relative to shareholders' equity.

Operating ProfitabilityWeak

Ability to convert revenue into operating profit.

Net ProfitabilityWeak

Bottom-line profit as a share of revenue.

Gross Profit / AssetsModerate

Asset productivity — how much gross profit each dollar of assets generates.

Cash GenerationWeak

Free cash flow relative to market value.

Growth

91.4/100 (20%)

MasTec, Inc. is growing rapidly with strong revenue and earnings expansion.

Recent Revenue TrendStrong

Revenue trajectory over the last twelve months.

3Y Revenue CAGRModerate

Compound annual revenue growth rate over 3 years.

EPS GrowthStrong

Year-over-year earnings per share growth.

Forward Revenue OutlookStrong

Analyst consensus for future revenue growth.

Forward EPS GrowthStrong

Analyst consensus for future earnings growth.

Risk

42.2/100 (15%)

MasTec, Inc. has some risk factors including moderate leverage or solvency concerns.

Financial LeverageModerate

Debt levels relative to earnings capacity.

Debt/EquityModerate

Total debt relative to shareholder equity.

Current RatioWeak

Short-term liquidity — ability to pay near-term obligations.

Interest CoverageWeak

Earnings capacity relative to interest payments.

Valuation

34.0/100 (15%)

MasTec, Inc. appears expensively valued relative to its fundamentals and growth prospects.

Earnings YieldWeak

Inverse of forward P/E — higher yield means cheaper stock.

Price to Free Cash FlowWeak

How many years of FCF the market cap represents.

PEG RatioStrong

P/E relative to earnings growth — lower is more attractive.

EV/EBITDA vs SectorWeak

Enterprise value multiple relative to sector median.

Moat

32/100 (25%)

MasTec, Inc. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for MTZ.

Score Composition

Quality
36.2×25%9.1
Growth
91.4×20%18.3
Risk
42.2×15%6.3
Valuation
34.0×15%5.1
Moat
32.0×25%8.0
Total
46.8Below Average

Financial Data

More Stock Analysis

How is the MTZ UQS Score Calculated?

The UQS (Unified Quality Score) for MasTec, Inc. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.

Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.

Moat (25%) assesses MasTec, Inc.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.

Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.

Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.

Valuation (15%) measures whether MasTec, Inc. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.

Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.