MTZ
MasTec, Inc.

MasTec, Inc.MTZ

Industrials · Engineering & Construction
221.69USD
-0.54%
Sep 23, 2026
MTZ overview ready
Self-Performing Contractor Enabling Utility Transmission and Grid Interconnection
MasTec is a self-performing infrastructure engineering and construction contractor.
Strong narrative exposure
Exposed to the Electric Grid Capacity Expansion narrative through Grid Interconnection and Electrical Construction — infrastructure supplier.
Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of failed reclaim.
The tactical setup reads failed reclaim, but the weekly structure is broken.
Demanding valuation
The price embeds expectations that run ahead of the cash the business currently produces.
Fundamentals under pressure
Free cash flow yield is weak.
Primary risk
Exposure to economic cycles affecting capital spending.
Market Sep 22Price action Sep 22Research Jul 30

Conviction Level

NarrativeHeat9.1ThemeHeat9.0PriceAction1.4Valuation0.7CompanyPosition7.3
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of failed reclaim.
The tactical setup reads failed reclaim, but the weekly structure is broken.
EntryDamaged / breakdown

The technical structure itself is broken across timeframes — the weakest entry profile.

Key Financials

Market Cap
$17.0B
Avg Volume (60D)
1.6M
60 sessions
Revenue Growth YoY
+23.5%
Trailing twelve months
Gross Margin
+12.9%
Operating Margin
+5.2%
Trailing twelve months
Free Cash Flow Yield
-0.3%
Distance from 200DMA
-27.5%
Next Earnings
2026-10-29
P/E
34.1x
EV / EBITDA
15.2x
EV / Sales
1.2x
Market metrics as of Sep 22, 2026

Fundamentals & Valuation

One of the two valuation perspectives says expensive; peers is the dissenting view.
MasTec, Inc. has an Expensive valuation stance because the price embeds expectations that run ahead of the cash the business currently produces. It trades at 15.2x EBITDA and 1.2x revenue, which require sustained delivery to be justified.

Company Research

Thesis
MasTec is a self-performing infrastructure engineering and construction contractor.
Opportunity
High opportunity
Interconnection and utility capital programs required to energize generation, storage and large new loads.
Key risk
Exposure to economic cycles affecting capital spending.

Narrative & Theme

Electric Grid Capacity Expansion
Part of Grid Interconnection and Electrical Construction, with strong fit.
The approved placement is substantively correct: MasTec's Power Delivery and Clean Energy & Infrastructure capabilities give it direct project-revenue exposure to utility transmission and distribution upgrades, generation and storage interconnection, and construction needed to serve large incremental loads.
Narrative HeatHot9.1 / 10
Theme HeatHot9.0 / 10

Business & Markets

Industrials · Engineering & Construction
What they do

MasTec, Inc. provides engineering, construction, installation, maintenance, and upgrade services for infrastructure projects primarily in the U.S. Canada across communications, energy, utility, and related sectors.

How it earns

Project-based revenue from contracts to build and maintain infrastructure assets.

Products & services
Wireless and wireline/fiber communications infrastructure
Clean energy infrastructure including renewable power generation
Pipeline infrastructure for natural gas and water
Power delivery systems
Maintenance and upgrade services
Customers & end markets
Telecommunications companies
Energy and utility providers
Pipeline operators
Clean energy developers
Market position

Established infrastructure engineering and construction company with diversified segment exposure across multiple infrastructure sectors.

Demand drivers
Medium cyclicality

Business depends on capital spending cycles in energy, utilities, and communications sectors which can fluctuate with economic conditions.

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