Mastec (MTZ) Operating Margin (2009 - 2026)
Mastec (MTZ) recorded Operating Margin of 5.35% in Q3 2026, down 0.95 percentage points from 6.29% a year earlier but up 0.17 percentage points from the prior quarter.
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Analysis
Mastec (MTZ) Operating Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Mastec's Operating Margin came in at 5.12% as of Sep 30, 2026, up 0.62 percentage points year-over-year; for FY2025, it came in at 5.49%, up 0.80 percentage points from FY2024.
- Annual Operating Margin has a five-year change of -2.24 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at 4.68% in FY2024 (+2.57 pp), 2.11% in FY2023 (-0.78 pp), 2.89% in FY2022 (-3.32 pp) and 6.21% in FY2021 (-1.52 pp).
- Quarterly Operating Margin has ranged from -1.78% in Q1 2023 to 6.58% in Q3 2024 over the past five years.
- On a year-over-year basis, Operating Margin rose in four of the last eight quarters, with an average year-over-year change of +0.60 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 3.38 percentage points in Q3 2024, against a drop of 6.78 percentage points in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 5.17% (Q2 2026), 3.70% (Q1 2026) and 6.16% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 89.31 Bn | 85.69 Bn | 2.01 Bn | 8.54% |
| 2 | Ferrovial | 44.08 Bn | 24.68 Bn | - | - |
| 3 | Emcor | 29.16 Bn | 25.43 Bn | 1.11 Bn | 9.85% |
| 4 | Jacobs Solutions | 18.59 Bn | 13.24 Bn | 810.70 Mn | 7.03% |
| 5 | Mastec | 14.14 Bn | 12.67 Bn | 660.86 Mn | 5.35% |
| 6 | Aecom | 9.02 Bn | 4.35 Bn | -34.04 Mn | -2.12% |
| 7 | Sterling Infrastructure | 8.80 Bn | 7.22 Bn | 377.28 Mn | 19.62% |
| 8 | Stantec | 8.59 Bn | 7.47 Bn | 2.08 Bn | 13.38% |
| 9 | IES Holdings | 6.94 Bn | 5.80 Bn | 340.66 Mn | 14.37% |
| 10 | Dycom Industries | 6.79 Bn | 5.09 Bn | 440.55 Mn | -68.47% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.35% |
| Jun 30, 2026 | 5.17% |
| Mar 31, 2026 | 3.70% |
| Dec 31, 2025 | 6.16% |
| Sep 30, 2025 | 6.29% |
| Jun 30, 2025 | 4.46% |
| Mar 31, 2025 | 1.27% |
| Dec 31, 2024 | 5.19% |
| Sep 30, 2024 | 6.58% |
| Jun 30, 2024 | 5.11% |
| Mar 31, 2024 | 1.27% |
| Dec 31, 2023 | 2.59% |
| Sep 30, 2023 | 3.20% |
| Jun 30, 2023 | 3.83% |
| Mar 31, 2023 | -1.78% |
| Dec 31, 2022 | 4.30% |
| Sep 30, 2022 | 4.35% |
| Jun 30, 2022 | 2.30% |
| Mar 31, 2022 | -0.49% |
| Dec 31, 2021 | 5.45% |
API Access
Mastec Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=MTZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "MTZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=MTZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();