Mastec (MTZ) Gross Margin (2010 - 2026)
Mastec (MTZ) posted quarterly Gross Margin of 12.72% for 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.
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.
- In Q2 2026, Gross Margin rose 43.0% year-over-year to 12.72%; the TTM figure through Jun 2026 stood at 12.92% (up 30.0% YoY), while the FY2025 annual figure was 12.54%, down 69.0% from the prior year.
- Gross Margin advanced to 12.72% in Q2 2026 per MTZ's latest filing, from 12.48% in the prior quarter.
- Across five years, Gross Margin topped out at 14.24% in Q3 2024 and bottomed at 8.71% in Q1 2023.
- Historically, Gross Margin has averaged 12.37% across 5 years, with a median of 12.6% in 2026.
- Annual changes were most pronounced in 2022 — Gross Margin tumbled 342 bps — and 2024, when it soared 272 bps.
- Mastec's Gross Margin stood at 12.98% in 2022, then fell by 13 bps to 11.32% in 2023, then climbed by 13 bps to 12.83% in 2024, then advanced by 1 bps to 12.92% in 2025, then declined by 2 bps to 12.72% in 2026.
- Business Quant data shows MTZ's Gross Margin at 12.72% in Q2 2026, 12.48% in Q1 2026, and 12.92% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 98.57 Bn | 98.48 Bn | 1.55 Bn | 16.17% |
| 2 | Comfort Systems Usa | 69.82 Bn | 67.96 Bn | 844.23 Mn | 25.85% |
| 3 | Ferrovial | 46.93 Bn | 41.94 Bn | - | - |
| 4 | Emcor | 35.79 Bn | 34.87 Bn | 1.02 Bn | 19.83% |
| 5 | Mastec | 25.30 Bn | 25.14 Bn | 556.28 Mn | 12.72% |
| 6 | Sterling Infrastructure | 18.27 Bn | 17.76 Bn | 194.30 Mn | 23.53% |
| 7 | APi | 17.00 Bn | 16.35 Bn | 703.00 Mn | 31.19% |
| 8 | Jacobs Solutions | 15.69 Bn | 14.31 Bn | 794.89 Mn | 21.51% |
| 9 | IES Holdings | 12.60 Bn | 12.34 Bn | 254.79 Mn | 26.15% |
| 10 | Dycom Industries | 12.50 Bn | 11.79 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 12.72% |
| 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 | 11.32% |
| 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% |