Mastec (MTZ) Gross Margin (2009 - 2026)
Mastec (MTZ) reported Gross Margin of 12.83% for Q3 2026, down 0.73 percentage points from 13.56% a year earlier but up 0.11 percentage points from the prior quarter.
Powered by 
Analysis
Mastec (MTZ) Gross Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Mastec's Gross Margin came in at 12.74%, up 0.24 percentage points year-over-year; for FY2025, it was 12.54%, down 0.69 percentage points from FY2024.
- Gross Margin has a five-year change of -4.07 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 13.23% in FY2024 (+1.68 pp), 11.55% in FY2023 (-0.83 pp), 12.38% in FY2022 (-2.03 pp) and 14.41% in FY2021 (-2.20 pp).
- Five-year quarterly Gross Margin spans a low of 8.71% in Q1 2023 and a high of 14.24% in Q3 2024.
- Year over year, Gross Margin gained in four of the last eight quarters, with an average year-over-year change of -0.03 percentage points.
- The high point for year-over-year Gross Margin in five years was Q1 2024 (a gain of 2.72 percentage points); the low point was Q4 2021 (a drop of 5.40 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 12.72% (Q2 2026), 12.48% (Q1 2026) and 12.92% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 89.31 Bn | 85.69 Bn | 2.01 Bn | 16.71% |
| 2 | Ferrovial | 44.08 Bn | 24.68 Bn | - | - |
| 3 | Emcor | 29.16 Bn | 25.43 Bn | 1.11 Bn | 20.00% |
| 4 | Jacobs Solutions | 18.59 Bn | 13.24 Bn | 810.70 Mn | 19.89% |
| 5 | Mastec | 14.14 Bn | 12.67 Bn | 660.86 Mn | 12.83% |
| 6 | Aecom | 9.02 Bn | 4.35 Bn | -34.04 Mn | -0.95% |
| 7 | Sterling Infrastructure | 8.80 Bn | 7.22 Bn | 377.28 Mn | 24.12% |
| 8 | Stantec | 8.59 Bn | 7.47 Bn | 2.08 Bn | 43.76% |
| 9 | IES Holdings | 6.94 Bn | 5.80 Bn | 340.66 Mn | 27.41% |
| 10 | Dycom Industries | 6.79 Bn | 5.09 Bn | 440.55 Mn | 21.96% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 12.83% |
| 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% |
API Access
Mastec Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=MTZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MTZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=MTZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();