Mastec MTZ
NYSE MTZ
$240.54 +8.39 (+3.61%)
At close: Sep 11, 2026 · 4:00 PM EDT

Mastec (MTZ) Gross Margin (2010 - 2026)

Mastec's (MTZ) quarterly Gross Margin came in at 12.72% in Q2 2026, up 43.0% year-over-year from 8.89% in Q2 2025, and up 1.9% quarter-over-quarter from 12.48% in Q1 2026.

Analysis

Mastec (MTZ) Gross Margin (2010 - 2026) Analysis & Trends

Mastec (MTZ) has reported Gross Margin for 17 consecutive years, with 12.72% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Gross Margin rose 43.0% year-over-year to 12.72% in Q2 2026; TTM through Jun 2026 was 12.92%, a 30.0% increase from a year earlier, with the FY2025 full-year figure at 12.54%, down 69.0% from the prior year.
  • Gross Margin was 12.72% for Q2 2026 at Mastec, up from 12.48% 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 12.37% and a median of 12.6% in 2026 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin plunged 342 bps in 2022 and surged 272 bps in 2024, its largest moves.
  • Over 5 years, Gross Margin stood at 12.98% in 2022, then dropped by 13 bps to 11.32% in 2023, then gained by 13 bps to 12.83% in 2024, then rose by 1 bps to 12.92% in 2025, then slipped by 2 bps to 12.72% in 2026.
  • The last three Gross Margin figures came in at 12.72% (Q2 2026), 12.48% (Q1 2026), and 12.92% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Quanta Services 97.75 Bn 97.35 Bn 1.55 Bn 16.17%
2 Mastec 19.32 Bn 19.12 Bn 556.28 Mn 12.72%
3 IES Holdings 13.78 Bn 13.39 Bn 340.66 Mn 27.41%
4 Dycom Industries 9.22 Bn 8.51 Bn - -
5 Everus Construction 6.09 Bn 5.92 Bn 182.92 Mn 14.85%
6 Myr 4.53 Bn 4.40 Bn 142.67 Mn 13.19%
7 Primoris Services 4.05 Bn 3.84 Bn 82.40 Mn 4.88%
8 Centuri Holdings 2.04 Bn 2.00 Bn 69.14 Mn 7.19%
9 Magnitude International 225.45 Mn 223.35 Mn - -
10 Energy Services of America 211.94 Mn 197.26 Mn 14.32 Mn 11.01%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 12.72%
Mar 31, 2026 12.48%
Dec 31, 2025 12.92%
Sep 30, 2025 13.56%
Jun 30, 2025 12.29%
Mar 31, 2025 10.92%
Dec 31, 2024 12.83%
Sep 30, 2024 14.24%
Jun 30, 2024 14.21%
Mar 31, 2024 11.43%
Dec 31, 2023 11.32%
Sep 30, 2023 12.28%
Jun 30, 2023 13.55%
Mar 31, 2023 8.71%
Dec 31, 2022 12.98%
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%