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| 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 |