Mastec (MTZ) Free Cash Flow (2009 - 2026)
Mastec (MTZ) recorded Free Cash Flow of $180.11 million in Q3 2026, up 788.8% from $20.27 million a year earlier.
Mastec (MTZ) Free Cash Flow (2009 - 2026) Analysis & Trends
On a TTM basis, Mastec's Free Cash Flow came in at $404.62 million as of Sep 30, 2026, down 2.9% year-over-year; for FY2025, it came in at $285.71 million, down 70.6% from FY2024.
- Annual Free Cash Flow has a five-year compound annual growth rate of -17.0% (FY2020 to FY2025).
- Across earlier years, Free Cash Flow came in at $972.73 million in FY2024 (+96.8%), $494.34 million in FY2023 (+456.1%), $88.9 million in FY2022 (-85.7%) and $622.97 million in FY2021 (-13.9%).
- Quarterly Free Cash Flow has ranged from -$236.66 million in Q2 2022 to $455.13 million in Q4 2023 over the past five years.
- On a year-over-year basis, Free Cash Flow rose in 1 of the last six quarters, with growth averaging 84.0%.
- Peak year-over-year performance for Free Cash Flow in the last five years was growth of 788.8% in Q3 2026, against a decline of 93.4% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at -$70.04 million (Q2 2026), $2.05 million (Q1 2026) and $292.5 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 89.31 Bn | 85.69 Bn | 2.01 Bn | 1.19 Bn |
| 2 | Ferrovial | 44.08 Bn | 24.68 Bn | - | - |
| 3 | Emcor | 29.16 Bn | 25.43 Bn | 1.11 Bn | 759.56 Mn |
| 4 | Jacobs Solutions | 18.59 Bn | 13.24 Bn | 810.70 Mn | 430.99 Mn |
| 5 | Mastec | 14.14 Bn | 12.67 Bn | 660.86 Mn | 180.11 Mn |
| 6 | Aecom | 9.02 Bn | 4.35 Bn | -34.04 Mn | 54.89 Mn |
| 7 | Sterling Infrastructure | 8.80 Bn | 7.22 Bn | 377.28 Mn | 53.26 Mn |
| 8 | Stantec | 8.59 Bn | 7.47 Bn | 2.08 Bn | 407.03 Mn |
| 9 | IES Holdings | 6.94 Bn | 5.80 Bn | 340.66 Mn | 63.80 Mn |
| 10 | Dycom Industries | 6.79 Bn | 5.09 Bn | 440.55 Mn | 34.15 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 180.11 Mn |
| Jun 30, 2026 | -70.04 Mn |
| Mar 31, 2026 | 2.05 Mn |
| Dec 31, 2025 | 292.50 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 |
Mastec Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=MTZ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "MTZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=MTZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();