MasTec (MTZ) Stock Analysis

November 11, 2026

This is a peer-relative look at MasTec (MTZ): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Capital Goods peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for MasTec (MTZ)
Profile Item	MTZ
Name	MasTec, Inc.
Country/Region	United States
GICS Sector	Industrials
GICS Industry Group	Capital Goods
GICS Industry	Construction & Engineering
GICS Sub-Industry	Construction & Engineering
Market Capitalization	13.98 billion USD
Currency	USD
Exchange	NYSE
Listing Date	February 21, 1973
Security Type	Common Stock

Price Performance

Cumulative Growth

MTZ

GSPC

MasTec (MTZ) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for MasTec (MTZ) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for MasTec (MTZ) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

MasTec (MTZ) metric values compared with Capital Goods industry-group medians
Metric	Current stock: MTZ	Industry group median
Total Return (1Y)	-7.45%	6.84%
Total Return (3Y, Annualized)	57.37%	17.66%
Total Return (5Y, Annualized)	13.96%	9.09%

Risk Profile

Drawdown History

MTZ

GSPC

MasTec (MTZ) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for MasTec (MTZ) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

MasTec (MTZ) metric values compared with Capital Goods industry-group medians
Metric	Current stock: MTZ	Industry group median
Volatility (1Y, Annualized)	55.99%	44.38%
Beta (5Y)	1.91	1.19
Max Drawdown (5Y)	-63.67%	-49.95%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. MTZ is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

MasTec (MTZ) metric values compared with Capital Goods industry-group medians
Metric	Current stock: MTZ	Industry group median
Sharpe Ratio (1Y)	-0.21	0.06
Sortino Ratio (1Y)	-0.28	0.09

Profitability

ROE (TTM)

MasTec (MTZ) posts ROE of 14.53%, roughly around the peer group’s normal range. Shareholders’ equity is producing a return that looks broadly typical for the industry.

MTZ

Capital Goods industry group

14.53%

Group distribution

Max: 40.55%
Q3: 19.29%
MTZ: 14.53%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

Largest peers

GEV: 93.04%
CAT: 56.14%
GE: 50.17%
DE: 18.24%
MTZ: 14.53%
RTX: 12.85%
BA: --

Where MasTec (MTZ) stands on ROE within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

MasTec (MTZ) keeps 2.80% of revenue as net profit, roughly in line with the peer group’s normal net margin range. Its full cost stack is taking a typical share of sales for the industry.

MTZ

Capital Goods industry group

2.80%

Group distribution

Max: 27.47%
Q3: 12.10%
Median: 6.30%
MTZ: 2.80%
Q1: 1.40%
Min: -12.89%

Largest peers

GEV: 23.54%
GE: 17.31%
CAT: 15.21%
DE: 10.17%
RTX: 8.75%
BA: 8.07%
MTZ: 2.80%

Where MasTec (MTZ) stands on net margin within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

MasTec (MTZ) turns 5.64% of revenue into operating profit, roughly in line with the peer group’s normal operating margin range. Its core cost structure looks typical for the industry.

MTZ

Capital Goods industry group

5.64%

Group distribution

Max: 36.60%
Q3: 18.33%
Median: 11.12%
MTZ: 5.64%
Q1: 5.14%
Min: -12.63%

Largest peers

CAT: 20.19%
GE: 18.49%
RTX: 15.54%
DE: 13.37%
GEV: 12.77%
MTZ: 5.64%
BA: 0.30%

Where MasTec (MTZ) stands on operating margin within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

MasTec (MTZ) metric values compared with Capital Goods industry-group medians
Metric	Current stock: MTZ	Industry group median
ROE (TTM)	14.53%	12.12%
ROA (TTM)	4.43%	5.29%
Net Margin (TTM)	2.80%	6.30%
Operating Margin (TTM)	5.64%	11.12%
Gross Margin (TTM)	12.74%	29.63%

Growth

Revenue Growth

MasTec (MTZ) grew revenue 16.22%, roughly around the peer group's normal range. Top-line momentum looks broadly typical for the industry.

MasTec (MTZ): Revenue Growth across different time periods, set against Capital Goods industry-group medians.

EPS Growth

MasTec (MTZ) grew earnings per share 146.12%, above the industry benchmark range. Profits are compounding faster than at any typical peer, though a depressed base year can inflate the percentage, so the level of earnings matters alongside the rate.

MasTec (MTZ): EPS Growth across different time periods, set against Capital Goods industry-group medians.

Growth Metrics

MasTec (MTZ) metric values compared with Capital Goods industry-group medians
Metric	Current stock: MTZ	Industry group median
Revenue Growth (YoY)	16.22%	8.11%
Revenue Growth (3Y CAGR)	13.51%	6.45%
EPS Growth (YoY)	146.12%	5.45%
EPS Growth (3Y CAGR)	129.40%	7.15%

Financial Strength

Current Ratio (MRQ)

MasTec (MTZ) has current ratio of 1.39, in the tighter-liquidity quartile for its industry. The short-term cushion is thinner than most peers carry, even if the absolute comfort level still depends on the business model.

MTZ

Capital Goods industry group

1.39

Group distribution

Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
MTZ: 1.39
Min: 0.36

Largest peers

DE: 2.13
CAT: 1.42
MTZ: 1.39
BA: 1.13
RTX: 1.05
GE: 0.98
GEV: 0.83

Where MasTec (MTZ) stands on current ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

MasTec (MTZ) has debt-to-equity ratio of 1.12, in the higher-leverage quartile for its industry. The heavier reliance on borrowing can make earnings, rates, or refinancing conditions matter more.

MTZ

Capital Goods industry group

1.12

Group distribution

Max: 2.33
MTZ: 1.12
Q3: 1.12
Median: 0.60
Q1: 0.29
Min: 0.00

Largest peers

BA: 7.39
DE: 2.30
CAT: 2.10
GE: 1.16
MTZ: 1.12
RTX: 0.55
GEV: 0.30

Where MasTec (MTZ) stands on debt-to-equity ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

MasTec (MTZ) metric values compared with Capital Goods industry-group medians
Metric	Current stock: MTZ	Industry group median
Current Ratio (MRQ)	1.39	2.08
Debt / Equity (MRQ)	1.12	0.60
Net Debt / EBITDA	3.08	1.78

Dividends

Dividend Yield (TTM)

MasTec (MTZ) pays no dividend, leaving dividend yield at 0.00% this period. Shareholders may still receive value through reinvestment or buybacks, but there is no dividend income to compare here.

MTZ

Capital Goods industry group

0.00%

Group distribution

Max: 2.66%
Q3: 1.14%
Median: 0.24%
MTZ: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

RTX: 1.47%
CAT: 1.13%
DE: 0.98%
GE: 0.56%
GEV: 0.26%
MTZ: 0.00%
BA: 0.00%

Where MasTec (MTZ) stands on dividend yield within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

MasTec (MTZ) paid no earnings out as dividends this period, leaving payout ratio at 0.00%. There is no dividend payout to size against earnings.

MTZ

Capital Goods industry group

0.00%

Group distribution

Max: 67.39%
Q3: 28.02%
Median: 6.86%
MTZ: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

RTX: 45.85%
DE: 36.02%
CAT: 24.18%
GE: 20.23%
GEV: 4.59%
MTZ: 0.00%
BA: 0.00%

Where MasTec (MTZ) stands on payout ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

MasTec (MTZ) metric values compared with Capital Goods industry-group medians
Metric	Current stock: MTZ	Industry group median
Dividend Yield (TTM)	0.00%	0.24%
Dividend Payout Ratio (TTM)	0.00%	6.86%

Valuation

P/E Ratio (TTM)

MasTec (MTZ) trades at P/E ratio of 28.40, near the industry’s usual earnings multiple. The stock is not showing a clear peer discount or premium on trailing earnings.

MTZ

Capital Goods industry group

28.40

Group distribution

Max: 59.38
Q3: 35.92
MTZ: 28.40
Median: 25.41
Q1: 19.47
Min: 3.03

Largest peers

DE: 37.33
GE: 36.94
RTX: 30.82
MTZ: 28.40
CAT: 21.92
GEV: 20.32
BA: 17.89

Where MasTec (MTZ) stands on P/E ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

MasTec (MTZ) trades at 0.81 on P/S ratio, in the lower sales-valuation quartile for its industry. That points to a cheaper revenue stream than most peers, with margin quality still doing the heavy lifting.

MTZ

Capital Goods industry group

0.81

Group distribution

Max: 7.54
Q3: 3.76
Median: 2.15
Q1: 1.03
MTZ: 0.81
Min: 0.03

Largest peers

GE: 6.38
GEV: 4.65
DE: 3.78
CAT: 3.29
RTX: 2.66
BA: 1.45
MTZ: 0.81

Where MasTec (MTZ) stands on P/S ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

MasTec (MTZ) trades at 3.35 on P/B ratio, roughly in line with the industry’s normal price-to-book range. Its balance sheet is not being priced at a clear discount or premium versus peers.

MTZ

Capital Goods industry group

3.35

Group distribution

Max: 9.66
Q3: 5.00
MTZ: 3.35
Median: 3.12
Q1: 1.81
Min: -1.08

Largest peers

BA: 20.99
GE: 19.06
GEV: 18.00
CAT: 11.90
DE: 6.47
RTX: 3.69
MTZ: 3.35

Where MasTec (MTZ) stands on P/B ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

MasTec (MTZ) metric values compared with Capital Goods industry-group medians
Metric	Current stock: MTZ	Industry group median
P/E Ratio (TTM)	28.40	25.41
P/S Ratio (TTM)	0.81	2.15
P/B Ratio (MRQ)	3.35	3.12
Free Cash Flow Yield (TTM)	1.00%	3.03%