Mastec (MTZ) Operating Margin (2010 - 2026)
Mastec (MTZ) reported Operating Margin of 3.7% for Q1 2026, up 243.0% year-over-year from 1.08% in Q1 2025, and down 39.53% quarter-over-quarter from 6.12% in Q4 2025.
Mastec (MTZ) Operating Margin (2010 - 2026) Analysis & Trends
Mastec (MTZ) has 17 years of Operating Margin data on file, last reported at 3.7% in Q1 2026.
- Operating Margin for Q1 2026 came in at 3.7%, up 243.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 5.61% (up 100.0% YoY), and the FY2025 annual result was 5.48%, up 83.0% from the prior year.
- Operating Margin retreated to 3.7% in Q1 2026 per MTZ's latest filing, from 6.12% in the prior quarter.
- Over five years, Operating Margin peaked at 7.18% in Q3 2025 and troughed at 1.78% in Q1 2023.
- A 5-year average of 3.48% and a median of 3.7% in 2026 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2022 and 2024: Operating Margin tumbled 678 bps in 2022, then soared 338 bps in 2024.
- A 5-year view of Operating Margin shows it stood at 3.6% in 2022, then sank by 32 bps to 2.47% in 2023, then soared by 106 bps to 5.09% in 2024, then advanced by 20 bps to 6.12% in 2025, then sank by 40 bps to 3.7% in 2026.
- Business Quant data shows MTZ's Operating Margin at 3.7% in Q1 2026, 6.12% in Q4 2025, and 7.18% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 103.56 Bn | 103.29 Bn | 1.11 Bn | 4.30% |
| 2 | Comfort Systems Usa | 64.33 Bn | 63.28 Bn | 754.41 Mn | 16.95% |
| 3 | Emcor | 36.81 Bn | 35.90 Bn | 863.95 Mn | 8.73% |
| 4 | Mastec | 27.54 Bn | 27.38 Bn | 477.90 Mn | 3.70% |
| 5 | Sterling Infrastructure | 25.78 Bn | 25.28 Bn | 194.30 Mn | 16.69% |
| 6 | APi | 18.83 Bn | 18.18 Bn | 620.00 Mn | 5.20% |
| 7 | Jacobs Solutions | 14.81 Bn | 13.43 Bn | 794.89 Mn | -2.20% |
| 8 | IES Holdings | 14.35 Bn | 14.09 Bn | 254.79 Mn | 11.52% |
| 9 | Dycom Industries | 13.61 Bn | 12.90 Bn | - | - |
| 10 | TopBuild | 11.46 Bn | 11.19 Bn | 400.25 Mn | 12.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.70% |
| Dec 31, 2025 | 6.12% |
| Sep 30, 2025 | 7.18% |
| Jun 30, 2025 | 5.33% |
| Mar 31, 2025 | 1.27% |
| Dec 31, 2024 | 5.09% |
| Sep 30, 2024 | 6.58% |
| Jun 30, 2024 | 5.11% |
| Mar 31, 2024 | 1.27% |
| Dec 31, 2023 | 2.47% |
| Sep 30, 2023 | 3.20% |
| Jun 30, 2023 | 3.83% |
| Mar 31, 2023 | -1.78% |
| Dec 31, 2022 | 3.60% |
| Sep 30, 2022 | 4.35% |
| Jun 30, 2022 | 2.30% |
| Mar 31, 2022 | -0.49% |
| Dec 31, 2021 | 5.45% |
| Sep 30, 2021 | 6.85% |
| Jun 30, 2021 | 6.03% |