MasTec Inc
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 five segments: Communications, Clean Energy and Infrastructure, Power Delivery, Pipeline Infrastructure, and Other. The company build infras… Read more
MasTec Inc (MTZ) - Net Assets
Latest net assets as of September 2025: $3.18 Billion USD
Based on the latest financial reports, MasTec Inc (MTZ) has net assets worth $3.18 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($9.69 Billion) and total liabilities ($6.51 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $3.18 Billion |
| % of Total Assets | 32.8% |
| Annual Growth Rate | 9.81% |
| 5-Year Change | 48.96% |
| 10-Year Change | 216.66% |
| Growth Volatility | 65.56 |
MasTec Inc - Net Assets Trend (1985–2024)
This chart illustrates how MasTec Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for MasTec Inc (1985–2024)
The table below shows the annual net assets of MasTec Inc from 1985 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $2.99 Billion | +9.78% |
| 2023-12-31 | $2.72 Billion | -0.73% |
| 2022-12-31 | $2.74 Billion | +7.76% |
| 2021-12-31 | $2.54 Billion | +26.84% |
| 2020-12-31 | $2.01 Billion | +11.93% |
| 2019-12-31 | $1.79 Billion | +28.71% |
| 2018-12-31 | $1.39 Billion | -2.88% |
| 2017-12-31 | $1.43 Billion | +29.88% |
| 2016-12-31 | $1.10 Billion | +16.99% |
| 2015-12-31 | $943.39 Million | -17.83% |
| 2014-12-31 | $1.15 Billion | +12.44% |
| 2013-12-31 | $1.02 Billion | +18.46% |
| 2012-12-31 | $861.93 Million | +6.25% |
| 2011-12-31 | $811.21 Million | +24.20% |
| 2010-12-31 | $653.16 Million | +23.67% |
| 2009-12-31 | $528.16 Million | +19.20% |
| 2008-12-31 | $443.09 Million | +40.72% |
| 2007-12-31 | $314.88 Million | +2.56% |
| 2006-12-31 | $307.02 Million | +70.94% |
| 2005-12-31 | $179.60 Million | -6.04% |
| 2004-12-31 | $191.15 Million | -11.61% |
| 2003-12-31 | $216.25 Million | -21.52% |
| 2002-12-31 | $275.55 Million | -32.27% |
| 2001-12-31 | $406.80 Million | -18.69% |
| 2000-12-31 | $500.33 Million | +94.83% |
| 1999-12-31 | $256.80 Million | +25.70% |
| 1998-12-31 | $204.30 Million | +13.06% |
| 1997-12-31 | $180.70 Million | +74.59% |
| 1996-12-31 | $103.50 Million | +104.95% |
| 1995-12-31 | $50.50 Million | -0.79% |
| 1994-12-31 | $50.90 Million | +366.97% |
| 1993-12-31 | $10.90 Million | -67.66% |
| 1992-12-31 | $33.70 Million | -19.38% |
| 1991-12-31 | $41.80 Million | -2.34% |
| 1990-12-31 | $42.80 Million | -28.79% |
| 1989-12-31 | $60.10 Million | +1.86% |
| 1988-12-31 | $59.00 Million | -41.41% |
| 1987-12-31 | $100.70 Million | -0.49% |
| 1986-12-31 | $101.20 Million | +30.24% |
| 1985-12-31 | $77.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MasTec Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 7299.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.31 Billion | 79.28% |
| Common Stock | $9.90 Million | 0.34% |
| Other Comprehensive Income | $-40.85 Million | -1.40% |
| Other Components | $634.22 Million | 21.78% |
| Total Equity | $2.91 Billion | 100.00% |
MasTec Inc Competitors by Market Cap
The table below lists competitors of MasTec Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CoStar Group Inc
NASDAQ:CSGP
|
$18.24 Billion |
|
Nidec Corporation
PINK:NNDNF
|
$18.28 Billion |
|
Carnival Corporation & plc
PINK:CUKPF
|
$18.29 Billion |
|
Chow Tai Fook Jewellery Group
PINK:CJEWY
|
$18.30 Billion |
|
Henkel AG & Co. KGaA vz. (Pref Shares)
XETRA:HEN3
|
$18.21 Billion |
|
LyondellBasell Industries NV
NYSE:LYB
|
$18.19 Billion |
|
Aviva plc
PINK:AIVAF
|
$18.17 Billion |
|
AMERICA MOVIL SAB DE CV
MX:AMXB
|
$18.16 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MasTec Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,706,152,000 to 2,911,857,000, a change of 205,705,000 (7.6%).
- Net income of 162,788,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 12,150,000.
- Other factors increased equity by 30,767,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $162.79 Million | +5.59% |
| Other Comprehensive Income | $12.15 Million | +0.42% |
| Other Changes | $30.77 Million | +1.06% |
| Total Change | $- | 7.60% |
Book Value vs Market Value Analysis
This analysis compares MasTec Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 8.13x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 81.92x to 8.13x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $3.67 | $300.26 | x |
| 1986-12-31 | $3.32 | $300.26 | x |
| 1987-12-31 | $3.26 | $300.26 | x |
| 1988-12-31 | $2.57 | $300.26 | x |
| 1989-12-31 | $2.25 | $300.26 | x |
| 1990-12-31 | $1.42 | $300.26 | x |
| 1991-12-31 | $2.09 | $300.26 | x |
| 1993-12-31 | $0.36 | $300.26 | x |
| 1994-12-31 | $1.40 | $300.26 | x |
| 1995-12-31 | $1.35 | $300.26 | x |
| 1996-12-31 | $2.76 | $300.26 | x |
| 1997-12-31 | $4.47 | $300.26 | x |
| 1998-12-31 | $4.95 | $300.26 | x |
| 1999-12-31 | $6.02 | $300.26 | x |
| 2000-12-31 | $10.43 | $300.26 | x |
| 2001-12-31 | $8.51 | $300.26 | x |
| 2002-12-31 | $5.71 | $300.26 | x |
| 2003-12-31 | $4.47 | $300.26 | x |
| 2004-12-31 | $3.94 | $300.26 | x |
| 2005-12-31 | $3.61 | $300.26 | x |
| 2006-12-31 | $4.68 | $300.26 | x |
| 2007-12-31 | $4.65 | $300.26 | x |
| 2008-12-31 | $6.43 | $300.26 | x |
| 2009-12-31 | $6.46 | $300.26 | x |
| 2010-12-31 | $7.19 | $300.26 | x |
| 2011-12-31 | $9.35 | $300.26 | x |
| 2012-12-31 | $10.44 | $300.26 | x |
| 2013-12-31 | $11.97 | $300.26 | x |
| 2014-12-31 | $13.27 | $300.26 | x |
| 2015-12-31 | $11.72 | $300.26 | x |
| 2016-12-31 | $13.56 | $300.26 | x |
| 2017-12-31 | $17.41 | $300.26 | x |
| 2018-12-31 | $17.45 | $300.26 | x |
| 2019-12-31 | $23.62 | $300.26 | x |
| 2020-12-31 | $27.21 | $300.26 | x |
| 2021-12-31 | $34.40 | $300.26 | x |
| 2022-12-31 | $35.93 | $300.26 | x |
| 2023-12-31 | $34.90 | $300.26 | x |
| 2024-12-31 | $36.92 | $300.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MasTec Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.59%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.32%
- • Asset Turnover: 1.37x
- • Equity Multiplier: 3.08x
- Recent ROE (5.59%) is above the historical average (5.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | -6.82% | -2.84% | 1.09x | 2.20x | $-13.07 Million |
| 1986 | 6.62% | 3.34% | 1.07x | 1.84x | $-3.42 Million |
| 1987 | 7.05% | 3.42% | 1.12x | 1.84x | $-2.97 Million |
| 1988 | 15.59% | 5.16% | 1.18x | 2.55x | $3.30 Million |
| 1989 | 1.33% | 0.42% | 1.21x | 2.64x | $-5.21 Million |
| 1990 | -1.87% | -0.46% | 1.43x | 2.87x | $-5.08 Million |
| 1991 | -2.39% | -0.65% | 1.30x | 2.83x | $-5.18 Million |
| 1993 | 38.53% | 9.40% | 2.10x | 1.95x | $3.11 Million |
| 1994 | 14.73% | 5.31% | 0.99x | 2.80x | $2.41 Million |
| 1995 | -1.19% | -0.34% | 1.03x | 3.37x | $-5.65 Million |
| 1996 | 29.08% | 6.37% | 0.98x | 4.67x | $19.75 Million |
| 1997 | 23.57% | 6.06% | 1.20x | 3.25x | $24.53 Million |
| 1998 | -6.80% | -1.33% | 1.43x | 3.60x | $-34.33 Million |
| 1999 | 17.41% | 4.22% | 1.45x | 2.84x | $19.02 Million |
| 2000 | 13.02% | 4.90% | 1.38x | 1.93x | $15.11 Million |
| 2001 | -22.70% | -7.55% | 1.44x | 2.09x | $-133.03 Million |
| 2002 | -47.05% | -15.37% | 1.34x | 2.28x | $-156.18 Million |
| 2003 | -24.23% | -6.01% | 1.42x | 2.83x | $-73.88 Million |
| 2004 | -25.86% | -5.41% | 1.51x | 3.16x | $-68.55 Million |
| 2005 | -8.14% | -1.72% | 1.45x | 3.25x | $-32.58 Million |
| 2006 | -16.52% | -5.32% | 1.46x | 2.12x | $-80.82 Million |
| 2007 | -2.33% | -0.71% | 1.46x | 2.26x | $-38.78 Million |
| 2008 | 14.85% | 4.77% | 1.26x | 2.46x | $21.48 Million |
| 2009 | 13.40% | 4.36% | 1.19x | 2.58x | $17.93 Million |
| 2010 | 13.86% | 3.92% | 1.39x | 2.54x | $25.22 Million |
| 2011 | 13.07% | 3.52% | 1.45x | 2.57x | $24.89 Million |
| 2012 | 12.53% | 2.88% | 1.55x | 2.81x | $21.71 Million |
| 2013 | 13.87% | 3.26% | 1.48x | 2.87x | $39.34 Million |
| 2014 | 10.14% | 2.51% | 1.29x | 3.12x | $1.56 Million |
| 2015 | -8.39% | -1.88% | 1.43x | 3.12x | $-173.45 Million |
| 2016 | 11.89% | 2.56% | 1.61x | 2.88x | $20.90 Million |
| 2017 | 24.22% | 5.26% | 1.62x | 2.84x | $203.88 Million |
| 2018 | 18.65% | 3.76% | 1.56x | 3.19x | $120.46 Million |
| 2019 | 21.90% | 5.46% | 1.44x | 2.79x | $213.16 Million |
| 2020 | 16.10% | 5.11% | 1.21x | 2.61x | $122.30 Million |
| 2021 | 12.93% | 4.14% | 1.12x | 2.80x | $74.44 Million |
| 2022 | 1.22% | 0.34% | 1.05x | 3.40x | $-240.38 Million |
| 2023 | -1.85% | -0.42% | 1.28x | 3.46x | $-320.56 Million |
| 2024 | 5.59% | 1.32% | 1.37x | 3.08x | $-128.40 Million |
Industry Comparison
This section compares MasTec Inc's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $1,646,543,800
- Average return on equity (ROE) among peers: 16.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MasTec Inc (MTZ) | $3.18 Billion | -6.82% | 2.05x | $18.23 Billion |
| Arcosa Inc (ACA) | $2.43 Billion | 3.86% | 1.02x | $5.09 Billion |
| Aecom Technology Corporation (ACM) | $-181.00 Million | 0.00% | 0.00x | $11.40 Billion |
| ACS Actividades de Construcción y Servicios S.A (ACSAF) | $4.44 Billion | 29.55% | 6.70x | $8.35 Billion |
| Acciona S.A (ACXIF) | $6.30 Billion | 7.00% | 2.58x | $3.04 Billion |
| Aecon Group Inc (AEGXF) | $153.60 Million | 7.49% | 3.66x | $737.44 Million |
| ÅF Pöyry AB (publ) (AFXXF) | $551.78 Million | 41.72% | 1.52x | $1.66 Billion |
| Abengoa S.A (AGOAF) | $797.49 Million | 15.10% | 9.17x | $1.82 Million |
| AF Gruppen ASA (AGRUF) | $1.95 Billion | 35.44% | 2.36x | $547.02 Million |
| Argan Inc (AGX) | $3.70 Million | 24.32% | 1.27x | $6.21 Billion |
| Amelco Corporation (AMLC) | $15.28 Million | 4.60% | 1.62x | $2.84 |