Mastec (MTZ) Tax Rate (2010 - 2026)
Mastec (MTZ) posted quarterly Tax Rate of 24.77% for Q2 2026, down 61.0% year-over-year from 63.52% in Q2 2025, and up 4.03% quarter-over-quarter from 23.81% in Q1 2026.
Mastec (MTZ) Tax Rate (2010 - 2026) Analysis & Trends
Mastec (MTZ) has reported Tax Rate for 17 consecutive years, with 24.77% the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Rate fell 61.0% year-over-year to 24.77%; the TTM figure through Jun 2026 stood at 20.26% (up 83.0% YoY), while the FY2025 annual figure was 18.12%, down 241.0% from the prior year.
- Tax Rate improved to 24.77% in Q2 2026 per MTZ's latest filing, from 23.81% in the prior quarter.
- Across five years, Tax Rate topped out at 73.56% in Q4 2022 and bottomed at 8407.14% in Q4 2023.
- Historically, Tax Rate has averaged 446.31% across 5 years, with a median of 23.42% in 2024.
- Annual changes were most pronounced in 2023 — Tax Rate sank 848070 bps — and 2024, when it surged 841930 bps.
- Mastec's Tax Rate stood at 73.56% in 2022, then slumped by 11530 bps to 8407.14% in 2023, then soared by 100 bps to 12.16% in 2024, then retreated by 1 bps to 12.07% in 2025, then surged by 105 bps to 24.77% in 2026.
- Business Quant data shows MTZ's Tax Rate at 24.77% in Q2 2026, 23.81% in Q1 2026, and 12.07% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 96.39 Bn | 95.88 Bn | 1.55 Bn | 25.53% |
| 2 | Comfort Systems Usa | 58.32 Bn | 56.46 Bn | 844.23 Mn | 22.01% |
| 3 | Ferrovial | 45.15 Bn | 40.18 Bn | - | - |
| 4 | Emcor | 34.54 Bn | 33.61 Bn | 1.02 Bn | 26.82% |
| 5 | IES Holdings | 27.27 Bn | 26.88 Bn | 340.66 Mn | 25.04% |
| 6 | Mastec | 20.83 Bn | 20.51 Bn | 556.28 Mn | 24.77% |
| 7 | APi | 17.90 Bn | 17.04 Bn | 703.00 Mn | 28.26% |
| 8 | Jacobs Solutions | 17.64 Bn | 16.47 Bn | 810.70 Mn | 43.37% |
| 9 | Sterling Infrastructure | 15.87 Bn | 15.41 Bn | 289.96 Mn | 23.33% |
| 10 | Dycom Industries | 11.35 Bn | 10.64 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 24.77% |
| Jun 30, 2026 | 24.77% |
| Jun 30, 2026 | 24.77% |
| Mar 31, 2026 | 23.81% |
| Mar 31, 2026 | 23.81% |
| Mar 31, 2026 | 23.81% |
| Dec 31, 2025 | 12.06% |
| Dec 31, 2025 | 12.06% |
| Dec 31, 2025 | 12.06% |
| Sep 30, 2025 | 21.32% |
| Sep 30, 2025 | 21.32% |
| Sep 30, 2025 | 21.32% |
| Jun 30, 2025 | 25.38% |
| Jun 30, 2025 | 25.38% |
| Jun 30, 2025 | 25.38% |
| Mar 31, 2025 | -38.01% |
| Mar 31, 2025 | -38.01% |
| Mar 31, 2025 | -38.01% |
| Dec 31, 2024 | 12.16% |
| Dec 31, 2024 | 12.16% |