MTZ vs EME vs APG Stock Comparison

Mastec, Emcor and APi Prices as of Oct 26, 2026 Peers: Industry group
MTZ Mastec Inc
$172.60 -18.9% 1M -18.5% 1Y
Market cap
$13.78B
P/E
27.9x
Revenue (TTM)
$16.11B
Div. yield
–
Utility Construction Industrials
4 wins
EME EMCOR Group, Inc.
$665.73 -12.7% 1M -11.0% 1Y
Market cap
$29.67B
P/E
20.6x
Revenue (TTM)
$18.60B
Div. yield
0.00%
Engineering and Construction Industrials
5 wins
APG APi Group Corp
$40.27 +4.7% 1M +15.8% 1Y
Market cap
$17.66B
P/E
–
Revenue (TTM)
$8.44B
Div. yield
–
Facility Services Industrials
2 wins

Head to Head

11 decided of 12

Emcor leads on 5 of the 12 questions below (Emcor 5, Mastec 4, APi 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionMTZEMEAPGLeader
Larger companyMarket capitalisation $13.78B $29.67B $17.66B EME
Cheaper on earningsLower P/E, profitable companies only 27.9x 20.6x -71.2x EME
Cheaper on forward earningsLower price / next fiscal year consensus EPS 18.2x 19.2x 23.8x MTZ
Faster revenue growthRevenue growth, trailing twelve months +23.5% +18.9% +14.1% MTZ
More profitableNet margin, trailing twelve months 3.1% 7.7% -2.9% EME
Better return on capitalReturn on invested capital 11.6% — 6.7% MTZ
Less leveragedLower net debt / EBITDA 1.8x — 2.8x MTZ
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -18.5% -11.0% +15.8% APG
Better 5-year returnAnnualised price return, 5 years +14.8%/yr +41.7%/yr +23.1%/yr EME
Less volatileAnnualised volatility, 1 year 53.6% 45.5% 30.1% APG
Higher overall scoreMean of the five percentile scores vs peers 61/100 64/100 44/100 EME

Percentile Scorecard

MTZEMEAPG

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisMTZEMEAPG
Valuation 59 #22 of 52 57 #23 of 52 28 #81 of 112
Growth 78 #9 of 37 56 #17 of 37 76 #24 of 96
Profitability 64 #14 of 37 86 #6 of 37 54 #42 of 91
Financial Health 43 #33 of 57 70 #18 of 57 46 #68 of 125
Shareholder Returns – 54 #13 of 27 17 #56 of 67
Overall 61 64 44
  • MTZ ranked among 57 companies in Construction Services
  • EME ranked among 57 companies in Construction Services
  • APG ranked among 130 companies in Business Services

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodMTZEMEAPGSPY
1 month -18.9%-12.7%+4.7% -0.8%
3 months -48.7%-10.4%+0.9% +3.5%
6 months -55.3%-24.8%-18.5% +7.0%
Year to date -20.6%+8.8%+5.3% +12.2%
1 year -18.5%-11.0%+15.8% +13.0%
3 years +191.8%+224.2%+137.3% +86.3%
3 years, per year +42.9%+48.0%+33.4% +23.1%
5 years +99.3%+471.3%+182.2% +68.6%
5 years, per year +14.8%+41.7%+23.1% +11.0%
10 years +506.7%+1,083.3%— +258.0%
10 years, per year +19.8%+28.0%— +13.6%

Risk

MeasureMTZEMEAPGSPY
Volatility, 1Y 53.6%45.5%30.1% 12.7%
Downside volatility, 1Y 60.7%48.2%31.0% 12.7%
Beta vs S&P 500, 1Y 1.771.931.28 1.00
Return / volatility, 1Y -0.35-0.240.53 1.02
Max drawdown, 5Y -61.0%-36.2%-49.6% -25.4%
From 52-week high -60.5%-29.5%-18.5% -1.8%
52-week high $437.51$943.75$49.40 $779.14
52-week low $171.09$581.58$34.31 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleMTZEMEAPG
P/E now vs peer median 27.3xmedian 25.7x 20.5xmedian 25.7x -70.3xmedian 21.9x
P/S now vs peer median 0.9xmedian 0.8x 1.6xmedian 0.8x 2.1xmedian 0.9x
EV/EBITDA now vs peer median 12.0xmedian 12.9x 13.4xmedian 12.9x 21.3xmedian 12.2x
P/FCF now vs peer median 56.6xmedian 22.5x 25.1xmedian 22.5x 25.7xmedian 14.3x
P/B now vs peer median 3.9xmedian 2.3x 7.2xmedian 2.3x 4.9xmedian 2.3x
PEG now vs peer median 0.11median 0.56 0.44median 0.56 1.01median 1.02

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsMTZEMEAPG
Revenue $16.11B $18.60B $8.44B
Gross profit $2.08B $3.61B $2.65B
Operating income $895.00M $1.93B $605.00M
Net income $534.95M $1.44B $346.00M
Free cash flow $244.81M $1.17B $676.00M
EPS (diluted) $6.27 $32.30 $-0.57
Cash & equivalents $315.64M $924.41M $851.00M
Total debt $2.74B – $3.52B
Shares (diluted) 78.87M 44.55M 437.00M
Enterprise value $12.56B $26.06B $14.69B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricMTZEMEAPG
P/E 27.3x 20.5x -70.3x
P/FCF 56.6x 25.1x 25.7x
P/Operating cash flow 23.8x 22.8x 22.3x
P/S 0.9x 1.6x 2.1x
P/B 3.9x 7.2x 4.9x
P/Tangible book 4.8x 9.8x 9.8x
EV/EBITDA 12.0x 13.4x 21.3x
EV/EBIT 18.2x 14.8x 33.2x
EV/Revenue 1.0x 1.5x 2.4x
EV/FCF 66.5x 24.4x 29.7x
EV/Operating cash flow 28.0x 22.1x 25.7x
PEG (3Y EPS CAGR) 0.11 0.44 1.01

Growth

14 metrics
MetricMTZEMEAPG
Revenue growth (1Y) 23.5% 18.9% 14.1%
Revenue CAGR (3Y) 13.6% 16.7% 7.3%
Gross profit growth (1Y) 26.4% 18.5% 15.4%
Gross profit CAGR (3Y) 16.0% 26.3% 13.3%
Operating income growth (1Y) 53.0% 29.9% 24.7%
Operating income CAGR (3Y) 43.4% 41.7% 27.8%
Net income growth (1Y) 82.8% 30.2% 39.5%
Net income CAGR (3Y) 267.8% 43.8% 40.8%
EPS growth (1Y) 85.3% 31.5% -272.3%
EPS CAGR (3Y) 242.4% 47.0% -69.5%
Operating cash flow growth (1Y) -30.2% -0.6% 20.7%
Operating cash flow CAGR (3Y) 32.0% 20.8% 24.3%
Free cash flow growth (1Y) -61.2% -3.1% 18.8%
Free cash flow CAGR (3Y) 59.6% 20.3% 28.9%

Profitability

14 metrics
MetricMTZEMEAPG
Gross margin 12.9% 19.4% 31.4%
EBITDA margin 8.4% 11.5% 11.2%
Operating margin 5.6% 10.4% 7.2%
Pretax margin 4.2% 10.5% 5.5%
Net margin 3.1% 7.7% -2.9%
FCF margin 1.5% 6.3% 8.0%
Operating cash flow margin 3.6% 6.9% 9.3%
Return on equity 15.2% 36.2% 9.9%
Return on assets 5.0% 14.6% 3.7%
Return on invested capital 11.6% – 6.7%
Return on capital employed 12.5% 41.9% 8.7%
Asset turnover 1.5x 1.9x 0.9x
Cash conversion (OCF / net income) 1.1x 0.9x 2.3x
Stock comp / revenue 0.2% 0.1% 0.5%

Financial Health

11 metrics
MetricMTZEMEAPG
Debt / assets 25.1% – 35.4%
Debt / equity 0.8x – 1.0x
Net debt / EBITDA 1.8x – 2.8x
Debt / FCF 11.2x – 5.2x
Liabilities / assets 67.0% 59.8% 64.7%
Equity / assets 33.0% 40.2% 35.3%
Interest coverage 5.0x – 4.3x
Current ratio 1.4x 1.3x 1.4x
Quick ratio 1.3x 1.2x 1.3x
Cash ratio 0.1x 0.2x 0.3x
Altman Z-score 3.41 6.46 2.89

Shareholder Returns

7 metrics
MetricMTZEMEAPG
Dividend yield – 0.2% –
Net buyback yield – 1.4% 0.4%
Shareholder yield – 1.7% 0.4%
Payout ratio (earnings) – 4.0% –
Payout ratio (FCF) – 4.9% –
Dividend growth (1Y) – 26.6% –
Dividend CAGR (3Y) – 25.6% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusMTZEMEAPG
Forward P/E 18.2xFY2026 19.2xFY2026 23.8xFY2026
EPS, next fiscal year $9.46FY2026 $34.73FY2026 $1.69FY2026
EPS growth, next FY +44.4%FY2026 +34.2%FY2026 +14.2%FY2026
EPS growth, the year after +23.8% +10.7% +16.0%
Revenue, next fiscal year $19.11BFY2026 $19.07BFY2026 $9.25BFY2026
Revenue growth, next FY +33.7%FY2026 +12.2%FY2026 +16.9%FY2026
Revenue growth, the year after +18.8% +13.1% +8.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersMTZEMEAPG
Held by institutions 74.0% 93.1% 84.5%
Institutions holding 908 1,235 581
Change in shares held, QoQ +2.8% -0.1% +5.1%
Institutions buying 513 659 306
Institutions selling 290 419 205
Buyers to sellers 1.77 1.57 1.49

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

MTZEMEAPG
MTZ 1.00 0.65 0.43
EME 0.65 1.00 0.48
APG 0.43 0.48 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, MTZ, EME and APG?

Emcor (EME) is the largest by market capitalisation: Mastec (MTZ) $13.78B, Emcor (EME) $29.67B, APi (APG) $17.66B.

Which stock is cheaper, MTZ, EME and APG?

Emcor (EME) trades on the lowest price-to-earnings ratio (Mastec (MTZ) 27.9x, Emcor (EME) 20.6x, APi (APG) -71.2x). On next year's consensus earnings, Mastec (MTZ) is cheapest (Mastec (MTZ) 18.2x, Emcor (EME) 19.2x, APi (APG) 23.8x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Mastec (MTZ) grew revenue fastest over the trailing twelve months: Mastec (MTZ) +23.5%, Emcor (EME) +18.9%, APi (APG) +14.1%.

Which company is more profitable?

Emcor (EME) has the highest net margin (Mastec (MTZ) 3.1%, Emcor (EME) 7.7%, APi (APG) -2.9%). On return on invested capital, Mastec (MTZ) leads (Mastec (MTZ) 11.6%, APi (APG) 6.7%).

Which stock has performed better?

Over the past year APi (APG) returned the most: Mastec (MTZ) -18.5%, Emcor (EME) -11.0%, APi (APG) +15.8%. Over five years, Emcor (EME) compounded fastest (Mastec (MTZ) +14.8%/yr, Emcor (EME) +41.7%/yr, APi (APG) +23.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Mastec (MTZ) 0.00%, Emcor (EME) 0.00%, APi (APG) 0.00%. Mastec (MTZ) and APi (APG) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, APi (APG) has been the steadiest (Mastec (MTZ) 53.6%, Emcor (EME) 45.5%, APi (APG) 30.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, MTZ, EME and APG?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Emcor (EME) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.