Mastec (MTZ) Free Cash Flow (2010 - 2026)
Mastec's (MTZ) quarterly Free Cash Flow came in at -$146.8 million in Q2 2026, down 152.51% year-over-year from $279.7 million in Q2 2025, and down 7249.17% quarter-over-quarter from $2.1 million in Q1 2026.
Analysis
Mastec (MTZ) Free Cash Flow (2010 - 2026) Analysis & Trends
Mastec (MTZ) has reported Free Cash Flow for 17 consecutive years, with -$146.8 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Free Cash Flow fell 152.51% year-over-year to -$146.8 million in Q2 2026; TTM through Jun 2026 was $168.0 million, a 73.35% decrease from a year earlier, with the FY2025 full-year figure at $285.7 million, down 70.63% from the prior year.
- Free Cash Flow was -$146.8 million for Q2 2026 at Mastec, down from $2.1 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $455.1 million in Q4 2023 and troughed at -$236.7 million in Q2 2022.
- A 5-year average of $94.3 million and a median of $65.3 million in 2022 frame the typical range for Free Cash Flow.
- Across the five-year window, Free Cash Flow slumped 647.73% in 2022 and surged 446.34% in 2024, its largest moves.
- Over 5 years, Free Cash Flow stood at $183.6 million in 2022, then surged by 147.96% to $455.1 million in 2023, then decreased by 6.99% to $423.3 million in 2024, then tumbled by 30.9% to $292.5 million in 2025, then sank by 150.2% to -$146.8 million in 2026.
- The last three Free Cash Flow figures came in at -$146.8 million (Q2 2026), $2.1 million (Q1 2026), and $292.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 97.75 Bn | 97.35 Bn | 1.55 Bn | 864.49 Mn |
| 2 | Mastec | 19.32 Bn | 19.12 Bn | 556.28 Mn | -146.84 Mn |
| 3 | IES Holdings | 13.78 Bn | 13.39 Bn | 340.66 Mn | 63.80 Mn |
| 4 | Dycom Industries | 9.22 Bn | 8.51 Bn | - | - |
| 5 | Everus Construction | 6.09 Bn | 5.92 Bn | 182.92 Mn | 33.01 Mn |
| 6 | Myr | 4.53 Bn | 4.40 Bn | 142.67 Mn | -25.59 Mn |
| 7 | Primoris Services | 4.05 Bn | 3.84 Bn | 82.40 Mn | -31.20 Mn |
| 8 | Centuri Holdings | 2.04 Bn | 2.00 Bn | 69.14 Mn | -7.89 Mn |
| 9 | Magnitude International | 225.45 Mn | 223.35 Mn | - | - |
| 10 | Energy Services of America | 211.94 Mn | 197.26 Mn | 14.32 Mn | -4.78 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -146.84 Mn |
| Mar 31, 2026 | 2.05 Mn |
| Dec 31, 2025 | 292.54 Mn |
| Sep 30, 2025 | 20.27 Mn |
| Jun 30, 2025 | -58.15 Mn |
| Mar 31, 2025 | 31.07 Mn |
| Dec 31, 2024 | 423.34 Mn |
| Sep 30, 2024 | 234.13 Mn |
| Jun 30, 2024 | 232.95 Mn |
| Mar 31, 2024 | 82.34 Mn |
| Dec 31, 2023 | 455.13 Mn |
| Sep 30, 2023 | 256.18 Mn |
| Jun 30, 2023 | -67.26 Mn |
| Mar 31, 2023 | -149.72 Mn |
| Dec 31, 2022 | 183.55 Mn |
| Sep 30, 2022 | 93.68 Mn |
| Jun 30, 2022 | -236.66 Mn |
| Mar 31, 2022 | 48.33 Mn |
| Dec 31, 2021 | 256.23 Mn |
| Sep 30, 2021 | 114.44 Mn |