Mastec (MTZ) Gross Margin (2010 - 2026)
Mastec (MTZ) reported Gross Margin of 12.72% for Q2 2026, up 0.43 percentage points from 12.29% a year earlier and up 0.24 percentage points from the prior quarter.
Mastec (MTZ) Gross Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Mastec's Gross Margin came in at 12.92%, up 0.30 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 14.43% in Q3 2021.
- Year over year, Gross Margin has now increased in each of the last three quarters, with an average year-over-year change of +0.31 percentage points over the last eight quarters.
- 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 Q2 2026 came in at 12.48% (Q1 2026), 12.92% (Q4 2025) and 13.56% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 101.70 Bn | 99.89 Bn | 1.55 Bn | 16.17% |
| 2 | Ferrovial | 38.65 Bn | 19.25 Bn | - | - |
| 3 | Emcor | 34.80 Bn | 31.19 Bn | 1.02 Bn | 19.83% |
| 4 | Mastec | 17.34 Bn | 16.24 Bn | 556.28 Mn | 12.72% |
| 5 | Sterling Infrastructure | 16.37 Bn | 14.73 Bn | 289.96 Mn | 24.82% |
| 6 | Jacobs Solutions | 16.17 Bn | 10.82 Bn | 810.70 Mn | 19.89% |
| 7 | IES Holdings | 13.52 Bn | 12.39 Bn | 340.66 Mn | 27.41% |
| 8 | Dycom Industries | 8.20 Bn | 7.33 Bn | - | - |
| 9 | Stantec | 7.70 Bn | 7.70 Bn | - | - |
| 10 | Aecom | 7.68 Bn | 3.00 Bn | -34.04 Mn | -0.95% |
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% |
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_KEY
import 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();