MasTec, Inc. MTZ and Quanta Services, Inc. PWR are two major beneficiaries of North America's infrastructure investment cycle. MasTec provides engineering and construction services across communications, power delivery, pipelines, clean energy and industrial infrastructure, while Quanta specializes in electric power, utility, renewable energy, communications and other critical infrastructure solutions.
MTZ's Superior acquisition adds electrical expertise, cross-selling potential and broader exposure to AI-driven data center infrastructure.
MasTec, Inc. MTZ has expanded its contracted work across power delivery, clean energy, pipeline and mission-critical infrastructure. Demand for grid modernization, power generation, renewables and natural gas infrastructure is supporting new project awards.
MasTec, Inc. MTZ has delivered a strong run in 2026, with shares gaining 25.9% year to date. The stock has outperformed the Zacks Building Products - Heavy Construction industry's 21.8% rise, the Zacks Construction sector's 11.9% gain and the S&P 500 Index's 13.1% advance.
MTZ's record Q2 revenues, 40% EBITDA growth and $21.4B backlog underpin its raised 2026 outlook despite Communications delays.
Investors need to pay close attention to MTZ stock based on the movements in the options market lately.
MTZ raises its 2026 outlook after record Q2 results, citing strong infrastructure demand, a record backlog, and expanding data center exposure.
MasTec NYSE: MTZ reported second-quarter 2026 revenue of $4.374 billion, up 23% from a year earlier, as growth in its power delivery, pipeline and clean energy businesses offset emerging pressure in communications. Adjusted EBITDA increased 40% year over year to $384 million, while adjusted earnings per share rose 49% to $2.22.
Although the revenue and EPS for MasTec (MTZ) give a sense of how its business performed in the quarter ended June 2026, 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 $2.22 per share, beating the Zacks Consensus Estimate of $2.19 per share. This compares to earnings of $1.49 per share a year ago.
Here is how MasTec (MTZ) and Boise Cascade (BCC) have performed compared to their sector so far this year.
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 2026.