MTZ - MasTec Inc Stock Price, Fair Value and News

84.72USD-3.24 (-3.68%)Market Closed

Market Summary

USD84.72-3.24

Market Closed

-3.68%

MTZ Stock Price

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MTZ RSI Chart

MTZ Valuation

Market Cap

6.7B

Price/Earnings (Trailing)

-134.47

Price/Sales (Trailing)

0.56

EV/EBITDA

58.57

Price/Free Cashflow

9.77

MTZ Price/Sales (Trailing)

MTZ Profitability

EBT Margin

-0.69%

Return on Equity

-1.84%

Return on Assets

-0.53%

Free Cashflow Yield

10.23%

MTZ Fundamentals

MTZ Revenue

Revenue (TTM)

12.0B

Rev. Growth (Yr)

9.03%

Rev. Growth (Qtr)

0.7%

MTZ Earnings

Earnings (TTM)

-49.9M

Earnings Growth (Yr)

-76.64%

Earnings Growth (Qtr)

-94.73%

Breaking Down MTZ Revenue

Last 7 days

-10.0%

Last 30 days

0.4%

Last 90 days

22.5%

Trailing 12 Months

-4.1%

How does MTZ drawdown profile look like?

MTZ Financial Health

Current Ratio

1.4

Debt/Equity

1.06

Debt/Cashflow

0.24

MTZ Investor Care

Shares Dilution (1Y)

0.62%

Diluted EPS (TTM)

-0.65

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	10.4B	11.0B	11.7B	12.0B
2022	8.1B	8.5B	8.6B	9.8B
2021	6.7B	7.1B	7.8B	8.0B
2020	7.1B	6.7B	6.4B	6.3B
2019	7.0B	7.4B	7.4B	7.2B
2018	6.8B	6.6B	6.6B	6.9B
2017	5.3B	6.0B	6.3B	6.6B
2016	4.2B	4.3B	4.8B	5.1B
2015	4.7B	4.6B	4.4B	4.2B
2014	4.4B	4.5B	4.5B	4.6B
2013	3.9B	3.9B	4.1B	4.3B
2012	3.0B	3.3B	3.5B	3.7B
2011	2.4B	2.6B	2.8B	2.8B
2010	1.8B	2.0B	2.1B	2.3B
2009	0	0	0	1.6B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of MasTec Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 18, 2024	mas jose ramon	sold (taxes)	-1,818,480	86.36	-21,057	ceo
Mar 18, 2024	de cardenas alberto	sold (taxes)	-218,923	86.36	-2,535	evp, general counsel
Mar 18, 2024	apple robert e	sold (taxes)	-650,032	86.36	-7,527	coo
Mar 05, 2024	mas jose ramon	acquired	-	-	81,037	ceo
Mar 05, 2024	dimarco paul	acquired	-	-	24,311	cfo
Mar 05, 2024	mas jorge	acquired	-	-	48,622	-
Mar 05, 2024	apple robert e	acquired	-	-	35,888	coo
Mar 05, 2024	de cardenas alberto	acquired	-	-	18,523	evp, general counsel
Feb 15, 2024	campbell c robert	acquired	-	-	639	-
Feb 15, 2024	parker ava l	acquired	-	-	547	-

Which funds bought or sold MTZ recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 12, 2024	HARBOR INVESTMENT ADVISORY, LLC	unchanged	-	631	3,357	-%
Apr 12, 2024	DNB Asset Management AS	reduced	-6.84	5,565,520	43,439,000	0.23%
Apr 12, 2024	AdvisorNet Financial, Inc	reduced	-18.92	-8.00	5,595	-%
Apr 12, 2024	Bridge City Capital, LLC	added	0.76	597,520	3,078,180	1.12%
Apr 11, 2024	Bangor Savings Bank	reduced	-7.2	40,086	320,780	0.03%
Apr 11, 2024	Profit Investment Management, LLC	unchanged	-	751,984	4,000,140	2.26%
Apr 10, 2024	PARK AVENUE SECURITIES LLC	sold off	-100	-302,000	-	-%
Apr 10, 2024	Bruce G. Allen Investments, LLC	unchanged	-	53.00	280	-%
Apr 10, 2024	DAYMARK WEALTH PARTNERS, LLC	reduced	-9.14	39,411	370,762	0.02%
Apr 09, 2024	American Capital Advisory, LLC	new	-	21,581	21,581	0.01%

Are Funds Buying or Selling MTZ?

Are funds buying MTZ calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own MTZ

No. of Funds

Unveiling MasTec Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	7.57%	5,969,314	SC 13G/A
Jan 26, 2024	blackrock inc.	6.9%	5,425,430	SC 13G/A
Feb 09, 2023	vanguard group inc	7.66%	5,995,128	SC 13G/A
Jan 31, 2023	blackrock inc.	7.5%	5,866,074	SC 13G/A
Jan 13, 2023	mas jorge	14.9%	11,742,880	SC 13D/A
Jan 13, 2023	mas jose ramon	7.7%	6,079,185	SC 13D/A
Feb 11, 2022	macquarie group ltd	3.40%	2,526,052	SC 13G/A
Feb 01, 2022	blackrock inc.	7.4%	5,481,959	SC 13G/A
Apr 12, 2021	blackrock inc.	10.1%	7,514,030	SC 13G/A
Feb 12, 2021	macquarie group ltd	5.64%	4,166,282	SC 13G/A

Recent SEC filings of MasTec Inc

View All Filings

Date Filed	Form Type	Document
Apr 04, 2024	ARS	ARS
Apr 04, 2024	DEF 14A	DEF 14A
Apr 04, 2024	DEFA14A	DEFA14A
Apr 03, 2024	4	Insider Trading
Mar 20, 2024	4	Insider Trading
Mar 20, 2024	4	Insider Trading
Mar 20, 2024	4	Insider Trading
Mar 08, 2024	8-K	Current Report
Mar 07, 2024	4	Insider Trading
Mar 07, 2024	4	Insider Trading

Peers (Alternatives to MasTec Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CAT	185.9B	67.1B	4.91%	62.74%	17.99	2.77	12.84%	54.12%
GE	167.3B	68.0B	-8.99%	61.05%	17.65	2.46	16.96%	2688.24%
CMI	42.0B	34.1B	7.61%	26.60%	49.95	1.23	21.34%	-61.52%
AME	41.4B	6.6B	-1.34%	29.44%	31.5	6.27	7.26%	13.25%
ACM	12.7B	14.9B	2.29%	13.25%	206.11	0.86	12.31%	-81.65%
MID-CAP
APG	9.6B	6.9B	3.23%	84.85%	62.68	1.38	5.64%	109.59%
FLR	6.9B	15.5B	4.34%	32.65%	49.68	0.44	12.59%	-4.48%
FLS	6.1B	4.3B	4.86%	39.56%	32.6	1.41	19.51%	-1.03%
ACA	3.9B	2.3B	-1.62%	34.00%	24.51	1.69	2.90%	-35.23%
ALG	2.6B	1.7B	4.91%	21.82%	18.98	1.53	11.63%	33.59%
SMALL-CAP
AMRC	1.0B	1.4B	-5.55%	-56.18%	16.75	0.76	-24.65%	-34.19%
NKLA	868.1M	35.8M	1.56%	-20.73%	-0.9	24.22	-27.93%	-23.21%
AGX	789.2M	573.3M	21.73%	53.04%	24.39	1.38	26.00%	-2.24%
AMSC	370.7M	135.4M	-14.16%	185.11%	-22.6	2.74	-25.90%	65.37%
ADES	250.6M	99.2M	33.22%	314.29%	-20.46	2.53	-3.69%	-37.37%

MasTec Inc News

Latest updates

MasTec Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	0.7%	3,280	3,257	2,874	2,585	3,008	2,514	2,302	1,954	1,809	2,404	1,963	1,775	1,637	1,698	1,569	1,417	1,709	2,017	1,939	1,518	1,918
S&GA Expenses	-1.4%	178	181	176	164	155	125	134	145	68.00	87.00	82.00	71.00	60.00	73.00	85.00	86.00	66.00	77.00	71.00	73.00	76.00
EBITDA Margin	-2.0%	0.01*	0.01*	0.04*	0.03*	0.04*	0.05*	0.06*	0.07*	0.09*	0.10*	0.11*	0.12*	-	-	-	-	-	-	-	-	-
Interest Expenses	-33.3%	50.00	75.00	53.00	59.00	37.00	35.00	11.00	23.00	13.00	21.00	7.00	22.00	8.00	24.00	12.00	21.00	11.00	30.00	17.00	26.00	15.00
Income Taxes	-115.6%	-1.18	8.00	3.00	-44.73	9.00	11.00	2.00	-13.15	15.00	28.00	27.00	29.00	41.00	41.00	21.00	0.00	22.00	43.00	40.00	12.00	34.00
Earnings Before Taxes	-100.0%	-0.01	23.00	20.00	-125	13.00	60.00	18.00	-48.10	92.00	140	103	95.00	154	157	78.00	36.00	122	173	160	55.00	66.00
EBT Margin	-15.4%	-0.01*	-0.01*	0.00*	0.00*	0.00*	0.01*	0.02*	0.04*	0.05*	0.06*	0.07*	0.07*	-	-	-	-	-	-	-	-	-
Net Income	-94.7%	1.00	14.00	16.00	-80.54	3.00	49.00	16.00	-34.98	77.00	111	75.00	66.00	113	116	57.00	36.00	101	129	120	43.00	32.00
Net Income Margin	-2.8%	0.00*	0.00*	0.00*	0.00*	0.00*	0.01*	0.02*	0.03*	0.04*	0.05*	0.05*	0.05*	-	-	-	-	-	-	-	-	-
Free Cashflow	66.6%	491	294	-33.38	-108	212	95.00	-151	110	272	128	70.00	235	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-1.6%	9,374	9,530	9,288	9,055	9,293	7,476	7,405	7,263	7,121	6,013	5,902	5,538	5,228	5,202	4,990	4,894	4,997	4,859	4,797	4,860	4,440
Current Assets	-1.6%	3,974	4,039	3,829	3,657	3,859	3,114	3,057	2,784	2,874	2,588	2,408	2,550	2,359	2,334	2,137	2,080	2,174	2,199	2,127	2,262	2,169
Cash Equivalents	147.3%	530	214	120	142	371	96.00	139	233	361	240	237	512	423	238	49.00	72.00	71.00	43.00	59.00	43.00	27.00
Inventory	-16.3%	108	129	153	165	118	128	124	101	93.00	92.00	87.00	93.00	90.00	86.00	105	107	100	107	127	122	114
Net PPE	-	-	-	-	-	-	-	-	-	-	-	-	1,025	982	994	972	937	906	863	853	799	748
Goodwill	0.4%	2,126	2,119	2,080	2,066	2,045	1,494	1,485	1,504	1,521	1,339	1,332	1,263	1,243	1,232	1,227	1,221	1,221	1,141	1,144	1,141	1,100
Liabilities	-2.4%	6,652	6,816	6,599	6,408	6,552	4,929	4,920	4,576	4,578	3,736	3,740	3,449	3,222	3,325	3,239	3,204	3,205	3,179	3,246	3,427	3,048
Current Liabilities	0.9%	2,837	2,811	2,441	2,379	2,496	1,986	1,898	1,866	1,785	1,704	1,639	1,633	1,415	1,514	1,523	1,260	1,219	1,335	1,391	1,263	1,284
Long Term Debt	-4.7%	2,888	3,030	3,155	3,046	3,052	2,068	2,118	1,789	1,876	1,347	1,421	1,170	1,158	1,165	1,116	1,297	1,314	1,221	1,251	1,539	1,324
Shareholder's Equity	0.7%	2,721	2,703	2,688	2,648	2,737	2,547	2,485	2,512	2,544	2,277	2,161	2,089	2,006	1,877	1,751	1,690	1,792	1,679	1,551	1,434	1,392
Retained Earnings	0.0%	2,146	2,145	2,131	2,115	2,196	2,193	2,144	2,127	2,162	2,086	1,975	1,899	1,834	1,720	1,604	1,547	1,511	1,410	1,281	1,161	1,118
Additional Paid-In Capital	0.7%	1,263	1,254	1,247	1,236	1,247	1,055	1,050	1,036	1,034	847	841	841	837	829	822	814	810	804	799	794	789
Shares Outstanding	-100.0%	-	78.00	77.00	77.00	75.00	74.00	74.00	75.00	72.00	73.00	73.00	72.00	-	-	-	-	-	-	-	-	-
Minority Interest	45.6%	15.00	10.00	9.00	1.00	4.00	4.00	4.00	4.00	4.00	4.00	3.00	4.00	4.00	4.00	4.00	4.00	4.00	5.00	3.00	2.00	2.00
Float	-	-	-	-	-	-	-	4,100	-	-	-	5,900	-	-	-	2,500	-	-	-	3,100	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	66.6%	491	294	-11.54	-86.37	234	117	-129	132	294	150	92.00	257	254	216	264	203	109	90.00	398	-46.81	503
Share Based Compensation	24.2%	9.00	7.00	9.00	9.00	9.00	6.00	7.00	6.00	7.00	6.00	6.00	6.00	6.00	6.00	6.00	4.00	4.00	4.00	4.00	4.00	3.00
Cashflow From Investing	78.9%	-6.38	-30.22	-51.97	-89.49	-579	-21.67	-118	-101	-640	-40.58	-541	-134	-39.43	-40.50	-77.93	-58.74	-118	-20.72	-11.60	-111	-39.70
Cashflow From Financing	0.0%	-169	-169	41.00	-53.44	620	-136	155	-158	467	-106	174	-33.19	-29.90	15.00	-209	-145	37.00	-85.22	-370	174	-504
Buy Backs	-	-	-	-	-	-	-	68.00	14.00	-	-	-	-	-	-	1.00	119	-	-	-0.05	6.00	116

MTZ Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Revenue	$ 11,995,934	$ 9,778,038	$ 7,951,781
Costs of revenue, excluding depreciation and amortization	10,613,762	8,586,333	6,805,735
Depreciation	433,929	371,240	345,612
Amortization of intangible assets	169,233	135,908	77,214
General and administrative expenses	698,899	559,437	306,970
Interest expense, net	234,405	112,255	53,413
Equity in earnings of unconsolidated affiliates, net	(30,697)	(28,836)	(33,830)
Other income, net	(40,893)	(1,358)	(33,408)
(Loss) income before income taxes	(82,704)	43,059	430,075
Benefit from (provision for) income taxes	35,408	(9,171)	(99,346)
Net (loss) income	(47,296)	33,888	330,729
Net income attributable to non-controlling interests	2,653	534	1,898
Net (loss) income attributable to MasTec, Inc.	$ (49,949)	$ 33,354	$ 328,831
(Loss) earnings per share (Note 2):
Basic (loss) earnings per share (in dollars per share)	$ (0.64)	$ 0.45	$ 4.54
Basic weighted average common shares outstanding (in shares)	77,535	74,917	72,499
Diluted (loss) earnings per share (in dollars per share)	$ (0.64)	$ 0.42	$ 4.45
Diluted weighted average common shares outstanding (in shares)	77,535	76,185	73,941

MTZ Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 529,561	$ 370,592
Accounts receivable, net of allowance	1,370,074	1,399,732
Contract assets	1,756,381	1,729,886
Inventories, net	108,146	117,969
Prepaid expenses	105,880	122,308
Other current assets	104,211	118,640
Total current assets	3,974,253	3,859,127
Property and equipment, net	1,651,462	1,754,101
Operating lease right-of-use assets	418,685	279,534
Goodwill, net	2,126,366	2,045,041
Other intangible assets, net	784,260	946,299
Other long-term assets	418,485	409,157
Total assets	9,373,511	9,293,259
Current liabilities:
Current portion of long-term debt, including finance leases	177,246	171,916
Current portion of operating lease liabilities	137,765	96,516
Accounts payable	1,242,602	1,109,867
Accrued salaries and wages	198,943	181,888
Other accrued expenses	415,075	365,971
Contract liabilities	480,967	406,232
Other current liabilities	184,621	163,647
Total current liabilities	2,837,219	2,496,037
Long-term debt, including finance leases	2,888,058	3,052,193
Long-term operating lease liabilities	292,873	194,050
Deferred income taxes	390,399	571,401
Other long-term liabilities	243,701	238,391
Total liabilities	6,652,250	6,552,072
Commitments and contingencies (Note 14)
Equity
Preferred stock, $1.00 par value: authorized shares - 5,000,000; issued and outstanding shares – none	0	0
Common stock, $0.10 par value: authorized shares - 145,000,000; issued shares - 99,093,134 and 98,615,105 (including 1,504,996 and 2,047,130 of unvested stock awards) as of December 31, 2023 and 2022, respectively	9,909	9,862
Capital surplus	1,263,360	1,246,590
Retained earnings	2,145,793	2,195,742
Accumulated other comprehensive loss	(52,997)	(50,955)
Treasury stock, at cost: 19,813,055 and 19,933,055 shares as of December 31, 2023 and 2022, respectively	(659,913)	(663,910)
Total MasTec, Inc. shareholders’ equity	2,706,152	2,737,329
Non-controlling interests	15,109	3,858
Total equity	2,721,261	2,741,187
Total liabilities and equity	$ 9,373,511	$ 9,293,259

About MasTec Inc

MasTec, Inc., an infrastructure construction company, provides engineering, building, installation, maintenance, and upgrade services for communications, energy, utility, and other infrastructure primarily in the United States and Canada. It operates through five segments: Communications, Clean Energy and Infrastructure, Oil and Gas, Power Delivery, and Other. The company builds underground and overhead distribution systems, including trenches, conduits, cell towers, fiber, cable, and power lines, which provide wireless and wireline/fiber communications; clean energy infrastructure comprising renewable energy power generation; natural gas, carbon capture sequestration, and other product transport; electrical and gas transmission, and distribution systems; industrial and heavy civil infrastructure; compressor and pump stations, and treatment plants; and water infrastructure, including water pipelines. It also installs electrical and other gas distribution and transmission systems, power generation facilities, buried and aerial fiber optic and other cables, as well as home automation and energy management solutions. In addition, the company offers maintenance and upgrade support services comprising maintenance of customers' distribution facilities, networks, and infrastructure, including communications, power generation, pipeline, electrical distribution and transmission, and industrial and heavy civil infrastructure; service restoration for natural disasters and accidents; and routine replacements and upgrades to overhauls. Its customers include wireless and wireline/fiber service providers, broadband operators, install-to-the-home service providers, public and private energy providers, pipeline operators, heavy civil and industrial infrastructure providers, and government entities. MasTec, Inc. was founded in 1929 and is headquartered in Coral Gables, Florida.

CEO	Mr. Jose Ramon Mas
WEBSITE	mastec.com
INDUSTRY	Apparel Manufacturing
EMPLOYEES	33000

MasTec Inc Frequently Asked Questions

What is the ticker symbol for MasTec Inc? What does MTZ stand for in stocks?

MTZ is the stock ticker symbol of MasTec Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of MasTec Inc (MTZ)?

As of Mon Apr 15 2024, market cap of MasTec Inc is 6.72 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MTZ stock?

You can check MTZ's fair value in chart for subscribers.

What is the fair value of MTZ stock?

You can check MTZ's fair value in chart for subscribers. The fair value of MasTec Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of MasTec Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MTZ so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is MasTec Inc a good stock to buy?

The fair value guage provides a quick view whether MTZ is over valued or under valued. Whether MasTec Inc is cheap or expensive depends on the assumptions which impact MasTec Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MTZ.

What is MasTec Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 15 2024, MTZ's PE ratio (Price to Earnings) is -134.47 and Price to Sales (PS) ratio is 0.56. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MTZ PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on MasTec Inc's stock?

In the past 10 years, MasTec Inc has provided 0.073 (multiply by 100 for percentage) rate of return.