Mastec (MTZ) Operating Expenses (2010 - 2026)

Mastec (MTZ) posted quarterly Operating Expenses of $297.5 million for Q1 2026, up 22.8% YoY from $242.2 million in Q1 2025, and up 11.41% sequentially from $267.0 million in Q4 2025.

Mastec (MTZ) Operating Expenses (2010 - 2026) Analysis & Trends

Mastec has disclosed Operating Expenses across 17 years of filings, most recently posting $297.5 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 22.8% year-over-year to $297.5 million; the TTM figure through Mar 2026 stood at $1.1 billion (up 4.25% YoY), while the FY2025 annual figure was $1.0 billion, down 4.03% from the prior year.
  • Operating Expenses rose to $297.5 million in Q1 2026, from $267.0 million in the prior quarter.
  • Over the last five years, Operating Expenses for MTZ reached as high as $297.5 million in Q1 2026 and fell as low as $216.4 million in Q3 2022.
  • The 5-year median for Operating Expenses is $262.9 million (2022), against an average of $260.1 million.
  • Annual changes were most pronounced in 2022 — Operating Expenses surged 73.59% — and 2024, when it dropped 15.76%.
  • 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.
  • According to Business Quant data, Operating Expenses over the past three periods registered $297.5 million, $267.0 million, and $252.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Stantec 7,704.08 Bn 7,704.08 Bn 914.10 Mn 666.00 Mn
2 Quanta Services 103.60 Bn 103.33 Bn 1.11 Bn 620.73 Mn
3 Mastec 30.47 Bn 30.31 Bn 477.90 Mn 297.49 Mn
4 Sterling Infrastructure 23.80 Bn 23.30 Bn 194.30 Mn 49.26 Mn
5 APi 18.02 Bn 17.38 Bn 620.00 Mn 517.00 Mn
6 Jacobs Solutions 14.73 Bn 13.35 Bn 794.89 Mn 876.07 Mn
7 IES Holdings 13.95 Bn 13.69 Bn 254.79 Mn 142.57 Mn
8 Aecom 8.61 Bn 7.78 Bn 296.50 Mn 57.87 Mn
9 Everus Construction 7.72 Bn 7.42 Bn 130.73 Mn 53.05 Mn
10 Tetra Tech 7.59 Bn 7.37 Bn 214.09 Mn 5.60 Mn

Historic Data

Download Data
DateValue
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