Mastec (MTZ) Gross Margin (2010 - 2026)
Mastec (MTZ) reported Gross Margin of 12.48% for Q1 2026, up 156.0% year-over-year from 4.88% in Q1 2025, and down 3.26% quarter-over-quarter from 12.9% in Q4 2025.
Mastec (MTZ) Gross Margin (2010 - 2026) Analysis & Trends
Mastec (MTZ) has 17 years of Gross Margin data on file, last reported at 12.48% in Q1 2026.
- Gross Margin for Q1 2026 came in at 12.48%, up 156.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 12.82% (down 24.0% YoY), and the FY2025 annual result was 12.54%, down 67.0% from the prior year.
- Gross Margin eased to 12.48% in Q1 2026 per MTZ's latest filing, from 12.9% in the prior quarter.
- Over five years, Gross Margin peaked at 14.24% in Q3 2024 and troughed at 8.71% in Q1 2023.
- A 5-year average of 12.3% and a median of 12.34% in 2022 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2024: Gross Margin tumbled 342 bps in 2022, then soared 272 bps in 2024.
- A 5-year view of Gross Margin shows it stood at 12.34% in 2022, then fell by 9 bps to 11.21% in 2023, then grew by 14 bps to 12.74% in 2024, then gained by 1 bps to 12.9% in 2025, then slipped by 3 bps to 12.48% in 2026.
- Business Quant data shows MTZ's Gross Margin at 12.48% in Q1 2026, 12.9% in Q4 2025, and 13.56% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 103.56 Bn | 103.29 Bn | 1.11 Bn | 14.06% |
| 2 | Comfort Systems Usa | 64.33 Bn | 63.28 Bn | 754.41 Mn | 26.33% |
| 3 | Emcor | 36.81 Bn | 35.90 Bn | 863.95 Mn | 18.67% |
| 4 | Mastec | 27.54 Bn | 27.38 Bn | 477.90 Mn | 12.48% |
| 5 | Sterling Infrastructure | 25.78 Bn | 25.28 Bn | 194.30 Mn | 23.53% |
| 6 | APi | 18.83 Bn | 18.18 Bn | 620.00 Mn | 31.28% |
| 7 | Jacobs Solutions | 14.81 Bn | 13.43 Bn | 794.89 Mn | 21.51% |
| 8 | IES Holdings | 14.35 Bn | 14.09 Bn | 254.79 Mn | 26.15% |
| 9 | Dycom Industries | 13.61 Bn | 12.90 Bn | - | - |
| 10 | TopBuild | 11.46 Bn | 11.19 Bn | 400.25 Mn | 27.68% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.48% |
| Dec 31, 2025 | 12.90% |
| Sep 30, 2025 | 13.56% |
| Jun 30, 2025 | 12.29% |
| Mar 31, 2025 | 10.92% |
| Dec 31, 2024 | 12.74% |
| Sep 30, 2024 | 14.24% |
| Jun 30, 2024 | 14.21% |
| Mar 31, 2024 | 11.43% |
| Dec 31, 2023 | 11.21% |
| Sep 30, 2023 | 12.28% |
| Jun 30, 2023 | 13.55% |
| Mar 31, 2023 | 8.71% |
| Dec 31, 2022 | 12.34% |
| Sep 30, 2022 | 12.96% |
| Jun 30, 2022 | 11.89% |
| Mar 31, 2022 | 11.31% |
| Dec 31, 2021 | 13.82% |
| Sep 30, 2021 | 14.43% |
| Jun 30, 2021 | 14.64% |