Mastec (MTZ) Operating Expenses (2010 - 2026)
Mastec's (MTZ) quarterly Operating Expenses came in at $206.5 million in Q2 2026, up 18.11% year-over-year from $174.8 million in Q2 2025, and down 3.61% quarter-over-quarter from $214.2 million in Q1 2026.
Analysis
Mastec (MTZ) Operating Expenses (2010 - 2026) Analysis & Trends
Mastec (MTZ) has reported Operating Expenses for 17 consecutive years, with $206.5 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 18.11% year-over-year to $206.5 million in Q2 2026; TTM through Jun 2026 was $790.9 million, a 14.16% increase from a year earlier, with the FY2025 full-year figure at $713.0 million, up 4.16% from the prior year.
- Operating Expenses was $206.5 million for Q2 2026 at Mastec, down from $214.2 million in the prior quarter.
- Over five years, Operating Expenses peaked at $214.2 million in Q1 2026 and troughed at $125.1 million in Q3 2022.
- A 5-year average of $170.8 million and a median of $171.8 million in 2024 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses surged 128.31% in 2022 and fell 6.51% in 2024, its largest moves.
- Over 5 years, Operating Expenses stood at $155.2 million in 2022, then increased by 14.82% to $178.2 million in 2023, then climbed by 2.71% to $183.0 million in 2024, then gained by 3.34% to $189.1 million in 2025, then increased by 9.16% to $206.5 million in 2026.
- The last three Operating Expenses figures came in at $206.5 million (Q2 2026), $214.2 million (Q1 2026), and $189.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 97.75 Bn | 97.35 Bn | 1.55 Bn | 698.49 Mn |
| 2 | Mastec | 19.32 Bn | 19.12 Bn | 556.28 Mn | 206.47 Mn |
| 3 | IES Holdings | 13.78 Bn | 13.39 Bn | 340.66 Mn | 162.17 Mn |
| 4 | Dycom Industries | 9.22 Bn | 8.51 Bn | - | - |
| 5 | Everus Construction | 6.09 Bn | 5.92 Bn | 182.92 Mn | 71.15 Mn |
| 6 | Myr | 4.53 Bn | 4.40 Bn | 142.67 Mn | 74.41 Mn |
| 7 | Primoris Services | 4.05 Bn | 3.84 Bn | 82.40 Mn | 109.20 Mn |
| 8 | Centuri Holdings | 2.04 Bn | 2.00 Bn | 69.14 Mn | 37.24 Mn |
| 9 | Magnitude International | 225.45 Mn | 223.35 Mn | - | - |
| 10 | Energy Services of America | 211.94 Mn | 197.26 Mn | 14.32 Mn | 9.69 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 206.47 Mn |
| Mar 31, 2026 | 214.21 Mn |
| Dec 31, 2025 | 189.14 Mn |
| Sep 30, 2025 | 181.05 Mn |
| Jun 30, 2025 | 174.82 Mn |
| Mar 31, 2025 | 166.05 Mn |
| Dec 31, 2024 | 183.02 Mn |
| Sep 30, 2024 | 168.87 Mn |
| Jun 30, 2024 | 167.08 Mn |
| Mar 31, 2024 | 165.54 Mn |
| Dec 31, 2023 | 178.19 Mn |
| Sep 30, 2023 | 180.64 Mn |
| Jun 30, 2023 | 176.16 Mn |
| Mar 31, 2023 | 163.91 Mn |
| Dec 31, 2022 | 155.19 Mn |
| Sep 30, 2022 | 125.07 Mn |
| Jun 30, 2022 | 133.79 Mn |
| Mar 31, 2022 | 145.39 Mn |
| Dec 31, 2021 | 67.98 Mn |
| Sep 30, 2021 | 86.90 Mn |