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MasTec's peak revenue was $12.3B in 2024. The peak quarterly revenue was $3.4B in 2024(q4).
MasTec's revenue increased from $766.5m in 2002 to $12.3B currently. That's a 1,505.22% change in annual revenue.
| Fiscal year / year | MasTec revenue |
|---|---|
| 2009 | $1.6B |
| 2010 | $2.1B |
| 2011 | $2.8B |
| 2012 | $3.7B |
| 2013 | $4.3B |
| 2014 | $4.6B |
| 2015 | $4.2B |
| 2016 | $5.1B |
| 2017 | $6.6B |
| 2018 | $6.9B |
| 2019 | $7.2B |
| 2020 | $6.3B |
| 2021 | $8.0B |
| 2022 | $9.8B |
| 2023 | $12.0B |
| 2024 | $12.3B |
Rate MasTec's financial transparency
MasTec saw the greatest revenue growth in 2008, when revenue increased by 32.85%.
MasTec had the lowest revenue growth in 2020, when revenue changed by -12.0%.
| Year | MasTec growth |
|---|---|
| 2009 | 18%↑ |
| 2010 | 32%↑ |
| 2011 | 32%↑ |
| 2012 | 32%↑ |
| 2013 | 16%↑ |
| 2014 | 7%↑ |
| 2015 | -9%↓ |
| 2016 | 22%↑ |
| 2017 | 29%↑ |
| 2018 | 5%↑ |
| 2019 | 4%↑ |
| 2020 | -12%↓ |
| 2021 | 26%↑ |
| 2022 | 23%↑ |
| 2023 | 23%↑ |
| 2024 | 3%↑ |
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2009 | $342.1M | $387.9M | $397.2M | $496.3M |
| 2010 | $450.2M | $495.1M | $631.9M | $565.7M |
| 2011 | $618.5M | $716.9M | $816.2M | $731.6M |
| 2012 | $738.3M | $988.9M | $1.1B | $932.4M |
| 2013 | $918.6M | $977.6M | $1.3B | $1.2B |
| 2014 | $957.8M | $1.1B | $1.3B | $1.2B |
| 2015 | $1.0B | $1.1B | $1.1B | $1.0B |
| 2016 | $974.2M | $1.2B | $1.6B | $1.3B |
| 2017 | $1.2B | $1.9B | $2.0B | $1.6B |
| 2018 | $1.4B | $1.6B | $2.0B | $1.9B |
| 2019 | $1.5B | $1.9B | $2.0B | $1.7B |
| 2020 | $1.4B | $1.6B | $1.7B | $1.6B |
| 2021 | $1.8B | $2.0B | $2.4B | $1.8B |
| 2022 | $2.0B | $2.3B | $2.5B | $3.0B |
| 2023 | $2.6B | $2.9B | $3.3B | $3.3B |
| 2024 | $2.7B | $3.0B | $3.3B | $3.4B |
Do you work at MasTec?
Did MasTec meet its revenue projections?
| CEO | José Ramón Mas |
| Industry | Capital Goods |
| Company Type | Public |
| Employees Number | 17,300 |
| Date Founded | 1929 |
| Headquarters | Coral Gables, Florida |
| Number of Locations | 20 |
| Revenue | $12.3B |
| Net Income | $33,354,000 |
| Gross Proft | $1.6B (2024) |
| EBITDA | $914.2M (2024) |
| PE Ratio | 20.87 |
| Tax Rate | 0.2% |
| Market Capitalization | $3.4B |
| Total Assets | $9,293,259,000 |
| Ticker | MTZ |
MasTec received early financing of $174.4M on 2022-01-06.
| Series | Round size | Date |
|---|---|---|
| Post Ipo Equity | $174.4M | 01/2022 |
MasTec's top competitor, Quanta Services, earned an annual revenue of $23.7B.
MasTec's smallest competitor is Vulcan Fire Systems with revenue of $1.7M last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Bottom Line Services LLC | $49,305 | $12.0M | 306 | 43 |
| Miller Pipeline | $47,981 | $450.0M | 2,000 | 38 |
| Wanzek Construction | $60,142 | $170.0M | 750 | 38 |
| Sunland Construction | $45,462 | $560.0M | 2,200 | 1 |
| HVAC | $48,697 | $7.4M | 100 | 22 |
| Quanta Services | $57,799 | $23.7B | 40,000 | 841 |
| Cable.Com | $43,886 | $120.0M | 750 | 191 |
| Triage Partners | $46,815 | $6.5M | 300 | 62 |
| Alarm Tech Solutions, LLC | $49,047 | $15.0M | 26 | - |
| Vulcan Fire Systems | $48,822 | $1.7M | 30 | 10 |
Zippia gives an in-depth look into the details of MasTec, including salaries, political affiliations, employee data, and more, in order to inform job seekers about MasTec. The employee data is based on information from people who have self-reported their past or current employments at MasTec. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by MasTec. The data presented on this page does not represent the view of MasTec and its employees or that of Zippia.
MasTec may also be known as or be related to MASTEC INC, MasTec, MasTec Inc, MasTec, Inc., Mastec Inc and Mastec, Inc.