MasTec, Inc.

MasTec, Inc.verified

MTZ

Price:

$97.26

Market Cap:

$7.71B

MasTec, Inc., an infrastructure construction company, provides engineering, building, installation, maintenance, and upgrade services for communications, energy, utility, and other infrastructure primarily in the United States and Canada. It operates through Communications, Clean Energy and Infrastructure, Oil and Gas, Power Delivery, and Other segments. The company builds underground and overhead distribution systems, including trenches, conduits, cell towers, cable, and power lines, which provide wireless and wireline/fiber communications; clean energy infrastructure comprising renewable energy; natural gas, product transport; electrical and gas transmission, and distribution systems; heav...[Read more]

Industry

Engineering & Construction

IPO Date

1973-02-21

Stock Exchange

NYSE

Ticker

MTZ

The Current Ratio as of September 2024 (TTM) for MasTec, Inc. (MTZ) is 1.27

According to MasTec, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.27. This represents a change of -6.46% compared to the average of 1.35 of the last 4 quarters.

MasTec, Inc. (MTZ) Historical Current Ratio (quarterly & annually)

How has MTZ Current Ratio performed in the past?

The mean historical Current Ratio of MasTec, Inc. over the last ten years is 1.64. The current 1.27 Current Ratio has changed 7.62% with respect to the historical average. Over the past ten years (40 quarters), MTZ's Current Ratio was at its highest in in the September 2018 quarter at 1.94. The Current Ratio was at its lowest in in the June 2024 quarter at 1.27.

Quarterly (TTM)
Annual

Average

1.64

Median

1.64

Minimum

1.40

Maximum

1.92

MasTec, Inc. (MTZ) Current Ratio by Quarter and Year

Discovering the peaks and valleys of MasTec, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 15.11%

Maximum Annual Current Ratio = 1.92

Minimum Annual Increase = -12.08%

Minimum Annual Current Ratio = 1.40

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.40-9.40%
20221.55-3.99%
20211.61-3.39%
20201.67-6.50%
20191.785.51%
20181.69-12.08%
20171.9215.11%
20161.6710.94%
20151.50-5.49%
20141.590.66%

MasTec, Inc. (MTZ) Average Current Ratio

How has MTZ Current Ratio performed in the past?

The current Current Ratio of MasTec, Inc. (MTZ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.52

5-year avg

1.60

10-year avg

1.64

MasTec, Inc. (MTZ) Current Ratio vs. Peers

How is MTZ’s Current Ratio compared to its peers?

MasTec, Inc.’s Current Ratio is less than EMCOR Group, Inc. (1.29), greater than Comfort Systems USA, Inc. (1.00), less than Primoris Services Corporation (1.41), less than Granite Construction Incorporated (1.68), less than Construction Partners, Inc. (1.60), greater than Jacobs Engineering Group Inc. (1.14), less than Dycom Industries, Inc. (3.44), less than Quanta Services, Inc. (1.30), less than MYR Group Inc. (1.36), less than TopBuild Corp. (2.81), less than APi Group Corporation (1.48),

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