Mastec (MTZ) Gross Margin (2010 - 2026)

Mastec (MTZ) reported Gross Margin of 12.48% for Q1 2026, up 156.0% year-over-year from 4.88% in Q1 2025, and down 3.26% quarter-over-quarter from 12.9% in Q4 2025.

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

Mastec (MTZ) has 17 years of Gross Margin data on file, last reported at 12.48% in Q1 2026.

  • Gross Margin for Q1 2026 came in at 12.48%, up 156.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 12.82% (down 24.0% YoY), and the FY2025 annual result was 12.54%, down 67.0% from the prior year.
  • Gross Margin eased to 12.48% in Q1 2026 per MTZ's latest filing, from 12.9% 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 12.3% and a median of 12.34% in 2022 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2022 and 2024: Gross Margin tumbled 342 bps in 2022, then soared 272 bps in 2024.
  • 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.
  • Business Quant data shows MTZ's Gross Margin at 12.48% in Q1 2026, 12.9% in Q4 2025, and 13.56% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Quanta Services 103.91 Bn 103.65 Bn 1.11 Bn 14.06%
2 Comfort Systems Usa 65.18 Bn 64.13 Bn 754.41 Mn 26.33%
3 Emcor 36.65 Bn 35.73 Bn 863.95 Mn 18.67%
4 Mastec 28.10 Bn 27.94 Bn 477.90 Mn 12.48%
5 Sterling Infrastructure 27.31 Bn 26.80 Bn 194.30 Mn 23.53%
6 APi 18.18 Bn 17.54 Bn 620.00 Mn 31.28%
7 IES Holdings 14.63 Bn 14.37 Bn 254.79 Mn 26.15%
8 Jacobs Solutions 14.18 Bn 12.80 Bn 794.89 Mn 21.51%
9 Dycom Industries 13.76 Bn 13.05 Bn - -
10 TopBuild 11.17 Bn 10.90 Bn 400.25 Mn 27.68%

Historic Data

Download Data
DateValue
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%