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
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