Mastec (MTZ) Operating Expenses (2010 - 2026)
Mastec (MTZ) posted quarterly Operating Expenses of $206.5 million for 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.
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.
- In Q2 2026, Operating Expenses rose 18.11% year-over-year to $206.5 million; the TTM figure through Jun 2026 stood at $790.9 million (up 14.16% YoY), while the FY2025 annual figure was $713.0 million, up 4.16% from the prior year.
- Operating Expenses declined to $206.5 million in Q2 2026 per MTZ's latest filing, from $214.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $214.2 million in Q1 2026 and bottomed at $125.1 million in Q3 2022.
- Historically, Operating Expenses has averaged $170.8 million across 5 years, with a median of $171.8 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 128.31% — and 2024, when it retreated 6.51%.
- Mastec's Operating Expenses stood at $155.2 million in 2022, then gained by 14.82% to $178.2 million in 2023, then increased by 2.71% to $183.0 million in 2024, then climbed by 3.34% to $189.1 million in 2025, then gained by 9.16% to $206.5 million in 2026.
- Business Quant data shows MTZ's Operating Expenses at $206.5 million in Q2 2026, $214.2 million in Q1 2026, and $189.1 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 98.57 Bn | 98.48 Bn | 1.55 Bn | 698.49 Mn |
| 2 | Comfort Systems Usa | 69.82 Bn | 67.96 Bn | 844.23 Mn | 287.05 Mn |
| 3 | Ferrovial | 46.93 Bn | 41.94 Bn | - | - |
| 4 | Emcor | 35.79 Bn | 34.87 Bn | 1.02 Bn | 475.04 Mn |
| 5 | Mastec | 25.30 Bn | 25.14 Bn | 556.28 Mn | 206.47 Mn |
| 6 | Sterling Infrastructure | 18.27 Bn | 17.76 Bn | 194.30 Mn | 49.26 Mn |
| 7 | APi | 17.00 Bn | 16.35 Bn | 703.00 Mn | 528.00 Mn |
| 8 | Jacobs Solutions | 15.69 Bn | 14.31 Bn | 794.89 Mn | 876.07 Mn |
| 9 | IES Holdings | 12.60 Bn | 12.34 Bn | 254.79 Mn | 142.57 Mn |
| 10 | Dycom Industries | 12.50 Bn | 11.79 Bn | - | - |
Historic Data
Download 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 | 176.65 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 |