Mastec (MTZ) Gross Margin (2010 - 2026)
Mastec (MTZ) posted quarterly Gross Margin of 12.48% for Q1 2026, up 156.0% YoY from 4.88% in Q1 2025, and down 3.26% sequentially from 12.9% in Q4 2025.
Mastec (MTZ) Gross Margin (2010 - 2026) Analysis & Trends
Mastec has disclosed Gross Margin across 17 years of filings, most recently posting 12.48% for Q1 2026.
- In Q1 2026, Gross Margin rose 156.0% year-over-year to 12.48%; the TTM figure through Mar 2026 stood at 12.82% (down 24.0% YoY), while the FY2025 annual figure was 12.54%, down 67.0% from the prior year.
- Gross Margin fell to 12.48% in Q1 2026, from 12.9% in the prior quarter.
- Over the last five years, Gross Margin for MTZ reached as high as 14.24% in Q3 2024 and fell as low as 8.71% in Q1 2023.
- The 5-year median for Gross Margin is 12.34% (2022), against an average of 12.3%.
- Annual changes were most pronounced in 2022 — Gross Margin sank 342 bps — and 2024, when it soared 272 bps.
- 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.
- According to Business Quant data, Gross Margin over the past three periods registered 12.48%, 12.9%, and 13.56% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Stantec | 7,704.08 Bn | 7,704.08 Bn | 914.10 Mn | 44.21% |
| 2 | Quanta Services | 103.60 Bn | 103.33 Bn | 1.11 Bn | 14.06% |
| 3 | Mastec | 30.47 Bn | 30.31 Bn | 477.90 Mn | 12.48% |
| 4 | Sterling Infrastructure | 23.80 Bn | 23.30 Bn | 194.30 Mn | 23.53% |
| 5 | APi | 18.02 Bn | 17.38 Bn | 620.00 Mn | 31.28% |
| 6 | Jacobs Solutions | 14.73 Bn | 13.35 Bn | 794.89 Mn | 21.51% |
| 7 | IES Holdings | 13.95 Bn | 13.69 Bn | 254.79 Mn | 26.15% |
| 8 | Aecom | 8.61 Bn | 7.78 Bn | 296.50 Mn | 7.80% |
| 9 | Everus Construction | 7.72 Bn | 7.42 Bn | 130.73 Mn | 12.61% |
| 10 | Tetra Tech | 7.59 Bn | 7.37 Bn | 214.09 Mn | 17.55% |
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% |