HEI vs. MTZ: HEICO vs. MasTec Stock Comparison

November 11, 2026

How do HEICO (HEI) and MasTec (MTZ) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

HEICO (HEI) and MasTec (MTZ) both fall under the Capital Goods industry group, but HEI is classified in Aerospace & Defense while MTZ is classified in Construction & Engineering.

Company profile comparison for HEICO (HEI) and MasTec (MTZ)
Profile Item	HEI	MTZ
Name	HEICO Corporation	MasTec, Inc.
Country/Region	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Aerospace & Defense	Construction & Engineering
GICS Sub-Industry	Aerospace & Defense	Construction & Engineering
Market Capitalization	46.49 billion USD	13.98 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	March 17, 1980	February 21, 1973
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

HEI

MTZ

GSPC

HEICO (HEI) vs. MasTec (MTZ), with S&P 500 (GSPC) for reference: 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 HEICO (HEI) and MasTec (MTZ). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for HEICO (HEI) and MasTec (MTZ). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for HEICO (HEI) and MasTec (MTZ)
Metric	HEI	MTZ
Total Return (1Y)	6.50%	-7.45%
Total Return (3Y, Annualized)	28.48%	57.37%
Total Return (5Y, Annualized)	18.19%	13.96%

Risk Profile

Drawdown History

HEI

MTZ

GSPC

HEICO (HEI) vs. MasTec (MTZ), with S&P 500 (GSPC) for reference: 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 HEICO (HEI) and MasTec (MTZ). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for HEICO (HEI) and MasTec (MTZ)
Metric	HEI	MTZ
Volatility (1Y, Annualized)	33.37%	55.99%
Beta (5Y)	1.06	1.91
Max Drawdown (5Y)	-27.11%	-63.67%
Avg. Volume (3M)	480.74K	1.63M

Risk-Adjusted Performance

Risk-Return Positioning

HEI and MTZ are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for HEICO (HEI) and MasTec (MTZ)
Metric	HEI	MTZ
Sharpe Ratio (1Y)	0.07	-0.21
Sortino Ratio (1Y)	0.10	-0.28

Profitability

ROE (TTM)

Both HEICO (HEI) at 17.73% and MasTec (MTZ) at 14.53% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

HEI

Capital Goods industry group

17.73%

Max: 40.55%
Q3: 19.29%
HEI: 17.73%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

MTZ

Capital Goods industry group

14.53%

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

HEICO (HEI) vs. MasTec (MTZ): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

HEICO (HEI) at 16.38% retains a top-quartile share of revenue as profit, ahead of MasTec (MTZ) at 2.80%, which keeps about the industry-typical share.

HEI

Capital Goods industry group

16.38%

Max: 27.47%
HEI: 16.38%
Q3: 12.10%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

MTZ

Capital Goods industry group

2.80%

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

HEICO (HEI) vs. MasTec (MTZ): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

HEICO (HEI) at 25.14% operates in the top operating margin quartile, ahead of MasTec (MTZ) at 5.64%, which runs around its industry’s norm.

HEI

Capital Goods industry group

25.14%

Max: 36.60%
HEI: 25.14%
Q3: 18.33%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

MTZ

Capital Goods industry group

5.64%

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

HEICO (HEI) vs. MasTec (MTZ): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for HEICO (HEI) and MasTec (MTZ)
Metric	HEI	MTZ
ROE (TTM)	17.73%	14.53%
ROA (TTM)	8.50%	4.43%
Net Margin (TTM)	16.38%	2.80%
Operating Margin (TTM)	25.14%	5.64%
Gross Margin (TTM)	40.40%	12.74%

Growth

Revenue Growth

Both HEICO (HEI) at 16.26% and MasTec (MTZ) at 16.22% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

HEICO (HEI) vs. MasTec (MTZ): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both companies show strong earnings momentum, but MasTec (MTZ) at 146.12% is the standout with EPS growth above its industry range; HEICO (HEI) at 33.52% also sits in the top quartile.

HEICO (HEI) vs. MasTec (MTZ): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for HEICO (HEI) and MasTec (MTZ)
Metric	HEI	MTZ
Revenue Growth (YoY)	16.26%	16.22%
Revenue Growth (3Y CAGR)	26.64%	13.51%
EPS Growth (YoY)	33.52%	146.12%
EPS Growth (3Y CAGR)	24.32%	129.40%

Financial Strength

Current Ratio (MRQ)

HEICO (HEI) at 2.72 keeps current ratio within its industry’s typical mid-range, while MasTec (MTZ) at 1.39 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for MTZ.

HEI

Capital Goods industry group

2.72

Max: 5.22
Q3: 2.95
HEI: 2.72
Median: 2.08
Q1: 1.43
Min: 0.36

MTZ

Capital Goods industry group

1.39

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

HEICO (HEI) vs. MasTec (MTZ): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

HEICO (HEI) at 0.45 carries an industry-typical debt-to-equity mix, while MasTec (MTZ) at 1.12 uses more debt funding than most peers.

HEI

Capital Goods industry group

0.45

Max: 2.33
Q3: 1.12
Median: 0.60
HEI: 0.45
Q1: 0.29
Min: 0.00

MTZ

Capital Goods industry group

1.12

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

HEICO (HEI) vs. MasTec (MTZ): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for HEICO (HEI) and MasTec (MTZ)
Metric	HEI	MTZ
Current Ratio (MRQ)	2.72	1.39
Debt / Equity (MRQ)	0.45	1.12
Net Debt / EBITDA	1.56	3.08

Dividends

Dividend Yield (TTM)

MasTec (MTZ) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile HEICO (HEI) reports a yield of 0.08%, ranking against industry peers normally.

HEI

Capital Goods industry group

0.08%

Max: 2.66%
Q3: 1.14%
Median: 0.24%
HEI: 0.08%
Q1: 0.00%
Min: 0.00%

MTZ

Capital Goods industry group

0.00%

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

HEICO (HEI) vs. MasTec (MTZ): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

MasTec (MTZ) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile HEICO (HEI) reports a payout of 4.17%, ranking against industry peers normally.

HEI

Capital Goods industry group

4.17%

Max: 67.39%
Q3: 28.02%
Median: 6.86%
HEI: 4.17%
Q1: 0.00%
Min: 0.00%

MTZ

Capital Goods industry group

0.00%

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

HEICO (HEI) vs. MasTec (MTZ): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for HEICO (HEI) and MasTec (MTZ)
Metric	HEI	MTZ
Dividend Yield (TTM)	0.08%	0.00%
Dividend Payout Ratio (TTM)	4.17%	0.00%

Valuation

P/E Ratio (TTM)

MasTec (MTZ) at 28.40 is near its industry’s usual P/E ratio, while HEICO (HEI) at 55.44 sits in the richer quartile — HEI needs stronger growth or earnings quality to justify the premium.

HEI

Capital Goods industry group

55.44

Max: 59.38
HEI: 55.44
Q3: 35.92
Median: 25.41
Q1: 19.47
Min: 3.03

MTZ

Capital Goods industry group

28.40

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

HEICO (HEI) vs. MasTec (MTZ): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

MasTec (MTZ) at 0.81 sits in the cheaper P/S ratio quartile while HEICO (HEI) at 8.98 prices above its industry range — a wide gap in sales valuation between them.

HEI

Capital Goods industry group

8.98

HEI: 8.98
Max: 7.54
Q3: 3.76
Median: 2.15
Q1: 1.03
Min: 0.03

MTZ

Capital Goods industry group

0.81

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

HEICO (HEI) vs. MasTec (MTZ): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

MasTec (MTZ) at 3.35 is valued about in line with its industry on P/B ratio, while HEICO (HEI) at 9.40 carries an above-peer premium to book — HEI is pricier on assets.

HEI

Capital Goods industry group

9.40

Max: 9.66
HEI: 9.40
Q3: 5.00
Median: 3.12
Q1: 1.81
Min: -1.08

MTZ

Capital Goods industry group

3.35

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

HEICO (HEI) vs. MasTec (MTZ): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for HEICO (HEI) and MasTec (MTZ)
Metric	HEI	MTZ
P/E Ratio (TTM)	55.44	28.40
P/S Ratio (TTM)	8.98	0.81
P/B Ratio (MRQ)	9.40	3.35
Free Cash Flow Yield (TTM)	1.82%	1.00%