Mastec (MTZ) Operating Expenses (2010 - 2026)
Mastec (MTZ) reported Operating Expenses of $297.5 million for Q1 2026, up 22.8% year-over-year from $242.2 million in Q1 2025, and up 11.41% quarter-over-quarter from $267.0 million in Q4 2025.
Mastec (MTZ) Operating Expenses (2010 - 2026) Analysis & Trends
Mastec (MTZ) has 17 years of Operating Expenses data on file, last reported at $297.5 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $297.5 million, up 22.8% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.1 billion (up 4.25% YoY), and the FY2025 annual result was $1.0 billion, down 4.03% from the prior year.
- Operating Expenses climbed to $297.5 million in Q1 2026 per MTZ's latest filing, from $267.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $297.5 million in Q1 2026 and troughed at $216.4 million in Q3 2022.
- A 5-year average of $260.1 million and a median of $262.9 million in 2022 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses surged 73.59% in 2022, then dropped 15.76% in 2024.
- A 5-year view of Operating Expenses shows it stood at $262.9 million in 2022, then grew by 9.07% to $286.8 million in 2023, then fell by 9.34% to $260.0 million in 2024, then increased by 2.7% to $267.0 million in 2025, then climbed by 11.41% to $297.5 million in 2026.
- Business Quant data shows MTZ's Operating Expenses at $297.5 million in Q1 2026, $267.0 million in Q4 2025, and $252.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 103.91 Bn | 103.65 Bn | 1.11 Bn | 620.73 Mn |
| 2 | Comfort Systems Usa | 65.18 Bn | 64.13 Bn | 754.41 Mn | 269.00 Mn |
| 3 | Emcor | 36.65 Bn | 35.73 Bn | 863.95 Mn | 460.11 Mn |
| 4 | Mastec | 28.10 Bn | 27.94 Bn | 477.90 Mn | 297.49 Mn |
| 5 | Sterling Infrastructure | 27.31 Bn | 26.80 Bn | 194.30 Mn | 49.26 Mn |
| 6 | APi | 18.18 Bn | 17.54 Bn | 620.00 Mn | 517.00 Mn |
| 7 | IES Holdings | 14.63 Bn | 14.37 Bn | 254.79 Mn | 142.57 Mn |
| 8 | Jacobs Solutions | 14.18 Bn | 12.80 Bn | 794.89 Mn | 876.07 Mn |
| 9 | Dycom Industries | 13.76 Bn | 13.05 Bn | - | - |
| 10 | TopBuild | 11.17 Bn | 10.90 Bn | 400.25 Mn | 225.21 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 297.49 Mn |
| Dec 31, 2025 | 267.03 Mn |
| Sep 30, 2025 | 252.85 Mn |
| Jun 30, 2025 | 246.55 Mn |
| Mar 31, 2025 | 242.25 Mn |
| Dec 31, 2024 | 260.02 Mn |
| Sep 30, 2024 | 249.07 Mn |
| Jun 30, 2024 | 269.22 Mn |
| Mar 31, 2024 | 272.94 Mn |
| Dec 31, 2023 | 286.80 Mn |
| Sep 30, 2023 | 295.67 Mn |
| Jun 30, 2023 | 279.19 Mn |
| Mar 31, 2023 | 271.11 Mn |
| Dec 31, 2022 | 262.95 Mn |
| Sep 30, 2022 | 216.37 Mn |
| Jun 30, 2022 | 220.79 Mn |
| Mar 31, 2022 | 230.58 Mn |
| Dec 31, 2021 | 151.47 Mn |
| Sep 30, 2021 | 182.27 Mn |
| Jun 30, 2021 | 169.00 Mn |