MTZ's Power Delivery business is emerging as a key growth driver, powered by strong utility demand and expanding grid modernization projects.
MTZ stock hits a 52-week high as strong demand in communications, clean energy and power delivery fuels growth momentum.
MTZ's non-pipeline segments are powering growth, with surging margins and a raised 2025 EBITDA outlook signaling sustained momentum ahead.
MTZ's record $16.5B backlog fuels raised 2025 guidance and positions it for double-digit growth across core sectors.
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.
Here is how Everus Construction Group, Inc. (ECG) and MasTec (MTZ) have performed compared to their sector so far this year.
MasTec, Inc. (NYSE:MTZ ) Morgan Stanley's 13th Annual Laguna Conference September 10, 2025 6:20 PM EDT Company Participants Paul Dimarco - Executive VP & CFO Conference Call Participants Gaurav Gupta - Morgan Stanley Presentation Gaurav Gupta Good afternoon. We'll get started.
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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