MasTec (MTZ) Revenue & Revenue Breakdown

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MasTec Revenue Highlights

Latest Revenue (Y)

$12.30B

Latest Revenue (Q)

$3.54B

Main Segment (Y)

Clean Energy and Infrastructure

Main Geography (Y)

Non-US

MasTec Revenue by Period

MasTec Revenue by Year

Date	Revenue	Change
2024-12-31	$12.30B	2.56%
2023-12-31	$12.00B	22.68%
2022-12-31	$9.78B	22.97%
2021-12-31	$7.95B	25.80%
2020-12-31	$6.32B	-12.00%
2019-12-31	$7.18B	3.96%
2018-12-31	$6.91B	4.58%
2017-12-31	$6.61B	28.67%
2016-12-31	$5.13B	22.01%
2015-12-31	$4.21B	-8.81%
2014-12-31	$4.61B	6.71%
2013-12-31	$4.32B	16.05%
2012-12-31	$3.73B	23.86%
2011-12-31	$3.01B	30.37%
2010-12-31	$2.31B	42.16%
2009-12-31	$1.62B	17.76%
2008-12-31	$1.38B	32.85%
2007-12-31	$1.04B	9.72%
2006-12-31	$945.81M	11.53%
2005-12-31	$848.05M	-7.20%
2004-12-31	$913.79M	5.00%
2003-12-31	$870.25M	3.84%
2002-12-31	$838.05M	-31.45%
2001-12-31	$1.22B	-8.10%
2000-12-31	$1.33B	25.62%
1999-12-31	$1.06B	0.96%
1998-12-31	$1.05B	49.12%
1997-12-31	$703.40M	48.77%
1996-12-31	$472.80M	170.79%
1995-12-31	$174.60M	23.65%
1994-12-31	$141.20M	215.88%
1993-12-31	$44.70M	-

MasTec generated $12.30B in revenue during NA 2024, up 2.56% compared to the previous quarter, and up 171.28% compared to the same period a year ago.

MasTec Revenue by Quarter

Date	Revenue	Change
2025-06-30	$3.54B	24.48%
2025-03-31	$2.85B	-16.32%
2024-12-31	$3.40B	4.63%
2024-09-30	$3.25B	9.84%
2024-06-30	$2.96B	10.21%
2024-03-31	$2.69B	-18.09%
2023-12-31	$3.28B	0.71%
2023-09-30	$3.26B	13.32%
2023-06-30	$2.87B	11.20%
2023-03-31	$2.58B	-14.08%
2022-12-31	$3.01B	19.69%
2022-09-30	$2.51B	9.20%
2022-06-30	$2.30B	17.77%
2022-03-31	$1.95B	8.02%
2021-12-31	$1.81B	-24.75%
2021-09-30	$2.40B	22.50%
2021-06-30	$1.96B	10.55%
2021-03-31	$1.78B	8.47%
2020-12-31	$1.64B	-3.62%
2020-09-30	$1.70B	8.22%
2020-06-30	$1.57B	10.78%
2020-03-31	$1.42B	-17.12%
2019-12-31	$1.71B	-15.24%
2019-09-30	$2.02B	4.00%
2019-06-30	$1.94B	27.71%
2019-03-31	$1.52B	-20.82%
2018-12-31	$1.92B	-3.02%
2018-09-30	$1.98B	22.22%
2018-06-30	$1.62B	15.82%
2018-03-31	$1.40B	-12.85%
2017-12-31	$1.60B	-18.04%
2017-09-30	$1.96B	3.47%
2017-06-30	$1.89B	63.20%
2017-03-31	$1.16B	-13.69%
2016-12-31	$1.34B	-15.40%
2016-09-30	$1.59B	28.71%
2016-06-30	$1.23B	26.50%
2016-03-31	$974.23M	-5.18%
2015-12-31	$1.03B	-7.52%
2015-09-30	$1.11B	4.16%
2015-06-30	$1.07B	6.32%
2015-03-31	$1.00B	-18.67%
2014-12-31	$1.23B	-5.80%
2014-09-30	$1.31B	18.56%
2014-06-30	$1.10B	14.58%
2014-03-31	$964.03M	-16.83%
2013-12-31	$1.16B	-8.69%
2013-09-30	$1.27B	29.84%
2013-06-30	$977.62M	6.42%
2013-03-31	$918.65M	-1.47%
2012-12-31	$932.36M	-12.64%
2012-09-30	$1.07B	7.56%
2012-06-30	$992.24M	27.46%
2012-03-31	$778.48M	0.55%
2011-12-31	$774.23M	-10.53%
2011-09-30	$865.31M	15.23%
2011-06-30	$750.94M	21.41%
2011-03-31	$618.49M	-15.36%
2010-12-31	$730.74M	15.63%
2010-09-30	$631.95M	27.64%
2010-06-30	$495.11M	9.97%
2010-03-31	$450.23M	-9.28%
2009-12-31	$496.28M	24.93%
2009-09-30	$397.25M	2.42%
2009-06-30	$387.85M	13.37%
2009-03-31	$342.12M	-17.34%
2008-12-31	$413.88M	4.06%
2008-09-30	$397.75M	30.40%
2008-06-30	$305.03M	16.43%
2008-03-31	$261.99M	-4.25%
2007-12-31	$273.63M	-

MasTec generated $3.54B in revenue during Q2 2025, up 24.48% compared to the previous quarter, and up 131.93% compared to the same period a year ago.

MasTec Revenue Breakdown

MasTec Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Power Delivery	$2.68B	$2.74B	$2.73B	$1.02B	-
Communications	$3.46B	$3.26B	$3.23B	$2.55B	$2.51B
Clean Energy and Infrastructure	$4.09B	$3.96B	$2.62B	$1.86B	$1.53B
Other Segments	-	-	-	-	$600.00K
Oil And Gas Segment	-	$2.07B	$1.22B	$2.54B	-
Electrical Transmission	-	-	-	-	$506.50M
Oil And Gas 1	-	-	-	-	$1.79B

MasTec's latest annual revenue breakdown by segment (product or service), as of Dec 24: Clean Energy and Infrastructure (39.98%), Communications (33.81%), and Power Delivery (26.21%).

Quarterly Revenue by Product

Product/Service	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
Communications	$836.90M	$680.90M	$975.30M	$927.20M	$824.60M	$732.90M	$681.80M	$670.30M	$630.40M	$568.60M	$568.40M	$645.40M	-	-	-	-	-	-	-	-
Clean Energy and Infrastructure	$1.13B	$915.80M	$1.26B	$1.14B	$942.30M	$753.50M	$514.70M	$518.40M	$481.50M	$350.40M	$345.50M	$468.90M	-	-	-	-	-	-	-	-
Power Delivery	$1.05B	$899.70M	$762.00M	$712.50M	$636.60M	$571.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pipeline Infrastructure	$539.70M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Segment	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Oil And Gas Segment	-	-	-	$497.80M	$572.40M	$633.80M	$802.20M	$672.30M	$341.80M	$256.50M	$291.70M	$375.80M	$341.20M	$211.00M	$335.20M	$858.40M	-	-	-	-
Other Segments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$400.00K	$100.00K	-	-	-
Power Delivery Segment	-	-	-	-	-	-	-	$665.00M	$702.60M	$709.40M	$688.40M	$646.50M	$650.50M	-	-	-	-	-	-	-
Communications Segment	-	-	-	-	-	-	-	$824.40M	$868.70M	$806.60M	$888.90M	$822.00M	$664.20M	-	-	-	-	-	-	-
Clean Energy and Infrastructure Segment	-	-	-	-	-	-	-	$1.10B	$969.70M	$824.90M	$563.20M	$494.50M	$435.90M	-	-	-	-	-	-	-
Electrical Transmission	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$365.30M	$232.50M	$133.50M	$125.80M	$128.50M
Oil And Gas 1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$621.40M	$725.50M	$599.70M	$462.50M

MasTec's latest quarterly revenue breakdown by segment (product or service), as of Jun 25: Clean Energy and Infrastructure (31.84%), Power Delivery (29.42%), Communications (23.55%), and Pipeline Infrastructure (15.19%).

MasTec Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Non-US	$93.30M	$95.10M	$149.90M	$165.20M	$133.10M
UNITED STATES	-	$11.90B	$9.60B	$7.80B	$6.20B

MasTec's latest annual revenue breakdown by geography, as of Dec 24: Non-US (100.00%).

Quarterly Revenue by Country

Country	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
Non-US	$43.90M	$49.80M	$22.40M	$20.00M	$24.20M	$26.70M	$26.70M	$18.80M	$22.10M	$27.50M	$24.70M	$49.40M	$51.30M	$24.50M	$44.50M	$40.80M	$33.40M	$46.40M	$55.30M	$18.20M
UNITED STATES	-	-	-	-	-	$2.70B	$3.20B	$3.20B	$2.90B	$2.60B	$3.00B	$2.50B	$2.30B	$1.90B	$1.80B	$2.40B	$1.90B	$1.70B	$1.60B	$1.70B

MasTec's latest quarterly revenue breakdown by geography, as of Jun 25: Non-US (100.00%).

MasTec Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
ACM	Aecom	$16.11B	$4.18B
MTZ	MasTec	$12.30B	$3.54B
EXPD	Expeditors of Washington	$10.60B	$2.65B
XPO	XPO Logistics	$8.07B	$2.08B
APG	APi Group	$7.02B	$1.99B
STN	Stantec	$6.48B	$1.72B
BLD	TopBuild	$5.33B	$1.30B
TRU	TransUnion	$4.18B	$1.17B
WWD	Woodward	$3.32B	$915.45M
NVT	nVent Electric	$3.01B	$809.30M
ULS	UL Solutions	$2.87B	$776.00M

MTZ Revenue FAQ

What is MasTec’s yearly revenue?

MasTec's yearly revenue for 2024 was $12.3B, representing an increase of 2.56% compared to 2023. The company's yearly revenue for 2023 was $12B, representing an increase of 22.68% compared to 2022. MTZ's yearly revenue for 2022 was $9.78B, representing an increase of 22.97% compared to 2021.

What is MasTec’s quarterly revenue?

MasTec's quarterly revenue for Q2 2025 was $3.54B, a 24.48% increase from the previous quarter (Q1 2025), and a 19.71% increase year-over-year (Q2 2024). The company's quarterly revenue for Q1 2025 was $2.85B, a -16.32% decrease from the previous quarter (Q4 2024), and a 5.99% increase year-over-year (Q1 2024). MTZ's quarterly revenue for Q4 2024 was $3.4B, a 4.63% increase from the previous quarter (Q3 2024), and a 3.75% increase year-over-year (Q4 2023).

What is MasTec’s revenue growth rate?

MasTec's revenue growth rate for the last 3 years (2022-2024) was 25.83%, and for the last 5 years (2020-2024) was 94.65%.

What are MasTec’s revenue streams?

MasTec's revenue streams in c 24 are Power Delivery, Communications, and Clean Energy and Infrastructure. Power Delivery generated $2.68B in revenue, accounting 26.21% of the company's total revenue, down -1.94% year-over-year. Communications generated $3.46B in revenue, accounting 33.81% of the company's total revenue, up 6.15% year-over-year. Clean Energy and Infrastructure generated $4.09B in revenue, accounting 39.98% of the company's total revenue, up 3.28% year-over-year.

What is MasTec’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of MasTec was Clean Energy and Infrastructure. This segment made a revenue of $4.09B, representing 39.98% of the company's total revenue.