Mastec (MTZ) Tax Rate (2010 - 2026)
Mastec's (MTZ) quarterly Tax Rate came in at 24.77% in 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.
Analysis
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.
- On a quarterly basis, Tax Rate fell 61.0% year-over-year to 24.77% in Q2 2026; TTM through Jun 2026 was 20.26%, a 83.0% increase from a year earlier, with the FY2025 full-year figure at 18.12%, down 241.0% from the prior year.
- Tax Rate was 24.77% for Q2 2026 at Mastec, up from 23.81% in the prior quarter.
- Over five years, Tax Rate peaked at 73.56% in Q4 2022 and troughed at 8407.14% in Q4 2023.
- A 5-year average of 446.31% and a median of 23.42% in 2024 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate slumped 848070 bps in 2023 and jumped 841930 bps in 2024, its largest moves.
- Over 5 years, Tax Rate stood at 73.56% in 2022, then slumped by 11530 bps to 8407.14% in 2023, then jumped by 100 bps to 12.16% in 2024, then declined by 1 bps to 12.07% in 2025, then soared by 105 bps to 24.77% in 2026.
- The last three Tax Rate figures came in at 24.77% (Q2 2026), 23.81% (Q1 2026), and 12.07% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 97.75 Bn | 97.35 Bn | 1.55 Bn | 25.53% |
| 2 | Mastec | 19.32 Bn | 19.12 Bn | 556.28 Mn | 24.77% |
| 3 | IES Holdings | 13.78 Bn | 13.39 Bn | 340.66 Mn | 25.04% |
| 4 | Dycom Industries | 9.22 Bn | 8.51 Bn | - | - |
| 5 | Everus Construction | 6.09 Bn | 5.92 Bn | 182.92 Mn | 26.73% |
| 6 | Myr | 4.53 Bn | 4.40 Bn | 142.67 Mn | 25.74% |
| 7 | Primoris Services | 4.05 Bn | 3.84 Bn | 82.40 Mn | 33.88% |
| 8 | Centuri Holdings | 2.04 Bn | 2.00 Bn | 69.14 Mn | 50.03% |
| 9 | Magnitude International | 225.45 Mn | 223.35 Mn | - | - |
| 10 | Energy Services of America | 211.94 Mn | 197.26 Mn | 14.32 Mn | 21.43% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.77% |
| Mar 31, 2026 | 23.81% |
| Dec 31, 2025 | 12.07% |
| Sep 30, 2025 | 21.32% |
| Jun 30, 2025 | 25.38% |
| Mar 31, 2025 | -37.82% |
| Dec 31, 2024 | 12.16% |
| Sep 30, 2024 | 23.03% |
| Jun 30, 2024 | 30.65% |
| Mar 31, 2024 | 24.33% |
| Dec 31, 2023 | -8,407.14% |
| Sep 30, 2023 | 33.05% |
| Jun 30, 2023 | 14.89% |
| Mar 31, 2023 | 35.70% |
| Dec 31, 2022 | 73.56% |
| Sep 30, 2022 | 18.39% |
| Jun 30, 2022 | 10.92% |
| Mar 31, 2022 | 27.33% |
| Dec 31, 2021 | 16.76% |
| Sep 30, 2021 | 19.69% |