MTZ vs. NXT: MasTec vs. Nextracker Stock Comparison

November 11, 2026

How do MasTec (MTZ) and Nextracker (NXT) 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

MasTec (MTZ) and Nextracker (NXT) both fall under the Capital Goods industry group, but MTZ is classified in Construction & Engineering while NXT is classified in Electrical Equipment.

MasTec (MTZ) has more than two decades of public-market history since February 21, 1973, whereas Nextracker (NXT) listed on February 9, 2023 and has a much shorter record to draw on.

Company profile comparison for MasTec (MTZ) and Nextracker (NXT)
Profile Item	MTZ	NXT
Name	MasTec, Inc.	Nextpower Inc. Class A Common Stock
Country/Region	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Construction & Engineering	Electrical Equipment
GICS Sub-Industry	Construction & Engineering	Electrical Components & Equipment
Market Capitalization	13.98 billion USD	16.00 billion USD
Currency	USD	USD
Exchange	NYSE	Nasdaq
Listing Date	February 21, 1973	February 9, 2023
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

MTZ

NXT

GSPC

MasTec (MTZ) vs. Nextracker (NXT), 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 MasTec (MTZ) and Nextracker (NXT). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for MasTec (MTZ) and Nextracker (NXT)
Metric	MTZ	NXT
Total Return (1Y)	-7.45%	0.06%
Total Return (3Y, Annualized)	57.37%	45.51%
Total Return (5Y, Annualized)	13.96%	--

Risk Profile

Drawdown History

MTZ

NXT

GSPC

MasTec (MTZ) vs. Nextracker (NXT), 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 MasTec (MTZ) and Nextracker (NXT). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for MasTec (MTZ) and Nextracker (NXT)
Metric	MTZ	NXT
Volatility (1Y, Annualized)	55.99%	68.10%
Beta (5Y)	1.91	1.66
Max Drawdown (5Y)	-63.67%	-51.10%
Avg. Volume (3M)	1.63M	2.38M

Risk-Adjusted Performance

Risk-Return Positioning

MTZ and NXT 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 MasTec (MTZ) and Nextracker (NXT)
Metric	MTZ	NXT
Sharpe Ratio (1Y)	-0.21	-0.06
Sortino Ratio (1Y)	-0.28	-0.09

Profitability

ROE (TTM)

Nextracker (NXT) at 26.46% sits in the top ROE quartile, while MasTec (MTZ) at 14.53% is closer to the peer norm — stronger capital efficiency for NXT.

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%

NXT

Capital Goods industry group

26.46%

Max: 40.55%
NXT: 26.46%
Q3: 19.29%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

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

Net Margin (TTM)

Nextracker (NXT) at 15.98% retains a top-quartile share of revenue as profit, ahead of MasTec (MTZ) at 2.80%, which keeps about the industry-typical share.

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%

NXT

Capital Goods industry group

15.98%

Max: 27.47%
NXT: 15.98%
Q3: 12.10%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

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

Operating Margin (TTM)

Nextracker (NXT) at 20.06% operates in the top operating margin quartile, ahead of MasTec (MTZ) at 5.64%, which runs around its industry’s norm.

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%

NXT

Capital Goods industry group

20.06%

Max: 36.60%
NXT: 20.06%
Q3: 18.33%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

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

Profitability Metrics

Profitability metrics for MasTec (MTZ) and Nextracker (NXT)
Metric	MTZ	NXT
ROE (TTM)	14.53%	26.46%
ROA (TTM)	4.43%	10.75%
Net Margin (TTM)	2.80%	15.98%
Operating Margin (TTM)	5.64%	20.06%
Gross Margin (TTM)	12.74%	21.84%

Growth

Revenue Growth

Nextracker (NXT) at 20.28% sits in the top revenue growth quartile, while MasTec (MTZ) at 16.22% is closer to the peer norm — faster top-line expansion for NXT.

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

EPS Growth

MasTec (MTZ) at 146.12% clears its industry range for EPS growth, a much stronger earnings trajectory than Nextracker (NXT) at 10.66%, which is closer to a typical peer reading.

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

Growth Metrics

Growth metrics for MasTec (MTZ) and Nextracker (NXT)
Metric	MTZ	NXT
Revenue Growth (YoY)	16.22%	20.28%
Revenue Growth (3Y CAGR)	13.51%	23.23%
EPS Growth (YoY)	146.12%	10.66%
EPS Growth (3Y CAGR)	129.40%	476.90%

Financial Strength

Current Ratio (MRQ)

Nextracker (NXT) at 2.23 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.

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

NXT

Capital Goods industry group

2.23

Max: 5.22
Q3: 2.95
NXT: 2.23
Median: 2.08
Q1: 1.43
Min: 0.36

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

Debt / Equity (MRQ)

Nextracker (NXT) at 0.02 keeps leverage in the lower quartile, while MasTec (MTZ) at 1.12 sits in the higher-leverage quartile.

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

NXT

Capital Goods industry group

0.02

Max: 2.33
Q3: 1.12
Median: 0.60
Q1: 0.29
NXT: 0.02
Min: 0.00

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

Financial Strength Metrics

Financial strength metrics for MasTec (MTZ) and Nextracker (NXT)
Metric	MTZ	NXT
Current Ratio (MRQ)	1.39	2.23
Debt / Equity (MRQ)	1.12	0.02
Net Debt / EBITDA	3.08	-1.30

Dividends

Dividend Yield (TTM)

Neither MasTec (MTZ) nor Nextracker (NXT) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

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%

NXT

Capital Goods industry group

0.00%

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

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

Dividend Payout Ratio (TTM)

Neither MasTec (MTZ) nor Nextracker (NXT) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

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%

NXT

Capital Goods industry group

0.00%

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

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

Dividend Metrics

Dividend metrics for MasTec (MTZ) and Nextracker (NXT)
Metric	MTZ	NXT
Dividend Yield (TTM)	0.00%	0.00%
Dividend Payout Ratio (TTM)	0.00%	0.00%

Valuation

P/E Ratio (TTM)

Both MasTec (MTZ) at 28.40 and Nextracker (NXT) at 26.42 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

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

NXT

Capital Goods industry group

26.42

Max: 59.38
Q3: 35.92
NXT: 26.42
Median: 25.41
Q1: 19.47
Min: 3.03

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

P/S Ratio (TTM)

MasTec (MTZ) at 0.81 looks cheap on sales in the lower P/S ratio quartile, while Nextracker (NXT) at 4.17 looks rich in the upper quartile — a clear gap in price per dollar of revenue.

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

NXT

Capital Goods industry group

4.17

Max: 7.54
NXT: 4.17
Q3: 3.76
Median: 2.15
Q1: 1.03
Min: 0.03

MasTec (MTZ) vs. Nextracker (NXT): 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 Nextracker (NXT) at 5.98 carries an above-peer premium to book — NXT is pricier on assets.

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

NXT

Capital Goods industry group

5.98

Max: 9.66
NXT: 5.98
Q3: 5.00
Median: 3.12
Q1: 1.81
Min: -1.08

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

Valuation Metrics

Valuation metrics for MasTec (MTZ) and Nextracker (NXT)
Metric	MTZ	NXT
P/E Ratio (TTM)	28.40	26.42
P/S Ratio (TTM)	0.81	4.17
P/B Ratio (MRQ)	3.35	5.98
Free Cash Flow Yield (TTM)	1.00%	2.32%