Mastec (MTZ) Return on Invested Capital [ROIC] (2009 - 2026)
Mastec (MTZ) reported Return on Invested Capital [ROIC] of 9.51% for Q3 2026, up 0.24 percentage points from 9.27% a year earlier but down 1.64 percentage points from the prior quarter.
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Analysis
Mastec (MTZ) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Mastec posted Return on Invested Capital [ROIC] of 11.81%, up 3.49 percentage points from FY2024.
- Return on Invested Capital [ROIC] has a five-year change of +0.47 percentage points (FY2020 to FY2025).
- By year, Return on Invested Capital [ROIC] came in at 8.33% in FY2024 (+5.86 pp), 2.47% in FY2023 (-1.76 pp), 4.23% in FY2022 (-5.42 pp) and 9.65% in FY2021 (-1.70 pp).
- Five-year quarterly Return on Invested Capital [ROIC] spans a low of 1.44% in Q1 2023 and a high of 11.15% in Q2 2026.
- Year over year, Return on Invested Capital [ROIC] has now increased in each of the last 11 quarters, with an average year-over-year change of +3.17 percentage points over the last eight quarters.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q1 2025 (a gain of 6.58 percentage points); the low point was Q3 2022 (a drop of 6.74 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 11.15% (Q2 2026), 10.92% (Q1 2026) and 10.04% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 90.69 Bn | 87.15 Bn | 2.01 Bn | 11.66% |
| 2 | Ferrovial | 44.45 Bn | 25.05 Bn | - | - |
| 3 | Emcor | 28.99 Bn | 25.27 Bn | 1.11 Bn | - |
| 4 | Jacobs Solutions | 18.53 Bn | 13.18 Bn | 810.70 Mn | 5.77% |
| 5 | Mastec | 14.68 Bn | 13.36 Bn | 660.86 Mn | 9.51% |
| 6 | Stantec | 9.77 Bn | 8.64 Bn | 2.08 Bn | 40.43% |
| 7 | Aecom | 9.07 Bn | 4.40 Bn | -34.04 Mn | 9.89% |
| 8 | Sterling Infrastructure | 8.95 Bn | 7.41 Bn | 377.28 Mn | 35.87% |
| 9 | IES Holdings | 6.79 Bn | 5.65 Bn | 340.66 Mn | - |
| 10 | Dycom Industries | 6.68 Bn | 4.98 Bn | 440.55 Mn | -59.89% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 9.51% |
| Jun 30, 2026 | 11.15% |
| Mar 31, 2026 | 10.92% |
| Dec 31, 2025 | 10.04% |
| Sep 30, 2025 | 9.27% |
| Jun 30, 2025 | 9.01% |
| Mar 31, 2025 | 8.96% |
| Dec 31, 2024 | 8.84% |
| Sep 30, 2024 | 6.96% |
| Jun 30, 2024 | 4.47% |
| Mar 31, 2024 | 2.39% |
| Dec 31, 2023 | 2.48% |
| Sep 30, 2023 | 3.22% |
| Jun 30, 2023 | 1.76% |
| Mar 31, 2023 | 1.44% |
| Dec 31, 2022 | 4.15% |
| Sep 30, 2022 | 4.62% |
| Jun 30, 2022 | 5.62% |
| Mar 31, 2022 | 6.64% |
| Dec 31, 2021 | 9.10% |
API Access
Mastec Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=MTZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=MTZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();