MasTec's Q2 2025 backlog surged 23% YoY to $16.5B, with a strong 1.2x book-to-bill ratio signaling robust demand and future growth. Q2 revenue rose 19.7% to $3.5B, adjusted EBITDA grew 1.3% to $275M, and EPS jumped 49% to $1.49 demonstrating financial strength. Communications and Clean Energy segments led growth, with Communications revenue up 41.6% and Clean Energy EBITDA nearly doubling, both posting record backlogs.
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MTZ posts record Q2 results as AI-fueled fiber demand propels 42% growth in its Communications segment and a $5B backlog.
Here is how MasTec (MTZ) and Primoris Services (PRIM) have performed compared to their sector so far this year.
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MasTec, Inc. (NYSE:MTZ ) Q2 2025 Earnings Conference Call August 1, 2025 9:00 AM ET Company Participants Chris Mecray - Investor Relations Jose Ramon Mas - CEO & Director Paul Dimarco - Executive VP & CFO Conference Call Participants Andrew Alec Kaplowitz - Citigroup Inc. Exchange Research Atidrip Modak - Goldman Sachs Group, Inc. Brent Edward Thielman - D.A. Davidson & Co. Brian Daniel Brophy - Stifel, Nicolaus & Company, Incorporated Drew Walker Chamberlain - JPMorgan Chase & Co Jamie Lyn Cook - Truist Securities, Inc. Julien Patrick Dumoulin-Smith - Jefferies LLC Justin P.
MasTec (MTZ) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Although the revenue and EPS for MasTec (MTZ) give a sense of how its business performed in the quarter ended June 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
MasTec (MTZ) came out with quarterly earnings of $1.49 per share, beating the Zacks Consensus Estimate of $1.41 per share. This compares to earnings of $0.96 per share a year ago.
Looking beyond Wall Street's top-and-bottom-line estimate forecasts for MasTec (MTZ), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2025.
MTZ's second-quarter 2025 performance is likely to have benefited from its robust backlog, clean energy strength and power delivery momentum.