MASTEC INC

For the period ended Dec 31, 2024. Filed Feb 28, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 28, 2025

MTZ$180.84-4.3%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Statements of Operations

(in thousands, except per share amounts)

	For the Years Ended December 31,
	2024	2023	2022
Revenue	$12,303,464	$11,995,934	$9,778,038
Costs of revenue, excluding depreciation and amortization	10,675,987	10,613,762	8,586,333
Depreciation	366,765	433,929	371,240
Amortization of intangible assets	139,853	169,233	135,908
General and administrative expenses	684,508	698,899	559,437
Interest expense, net	193,266	234,405	112,255
Equity in earnings of unconsolidated affiliates, net	(30,228)	(30,697)	(28,836)
Loss on extinguishment of debt	11,344	—	—
Other expense (income), net	11,006	(40,893)	(1,358)
Income (loss) before income taxes	$250,963	$(82,704)	$43,059
(Provision for) benefit from income taxes	(51,542)	35,408	(9,171)
Net income (loss)	$199,421	$(47,296)	$33,888
Net income attributable to non-controlling interests	36,633	2,653	534
Net income (loss) attributable to MasTec, Inc.	$162,788	$(49,949)	$33,354
Earnings (loss) per share (Note 2):
Basic earnings (loss) per share	$2.09	$(0.64)	$0.45
Basic weighted average common shares outstanding	78,049	77,535	74,917
Diluted earnings (loss) per share	$2.06	$(0.64)	$0.42
Diluted weighted average common shares outstanding	78,880	77,535	76,185

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.