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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |