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Mastec, Inc. - Company Profile

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Mastec, Inc. - Overview

Description
Mastec is a public company headquartered in Florida with an estimated 22,000 employees. In the US, the company has a notable market share in at least two industries: Transmission Line Construction, Wireless Tower Construction and Transmission Line Construction. Their largest market share is in the Wireless Tower Construction industry, where they account for an estimated 9.6% of total industry revenue and are considered a Rising Star because they display lower market share, but displaying stronger profit and revenue growth than some of their peers.
Company Details

Registered Name: Mastec, Inc.

Company Type: Operating

Exchange: NYSE

Headquarters: 800 S. Douglas Road 12th Floor Coral Gables FL 33134

Website: http://www.mastec.com/

Employees: 22000

Mastec, Inc. - Operating Industries and Main Competitors

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Mastec, Inc. - Products and Services

  • Transmission Line Construction in the US

    • Of the 4 core revenue-generating products and services in the Transmission Line Construction in the US industry, Mastec, Inc. offers:
    • Electric power transmission infrastructure construction and repair
    • Other construction services
    • Power plant construction and repair
    • AAAAA AAAAA

  • Wireless Tower Construction

    • Of the 3 core revenue-generating products and services in the Wireless Tower Construction industry, Mastec, Inc. offers:
    • Construction additions, alterations, or reconstruction
    • Construction maintenance and repair
    • New construction
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Mastec, Inc. - Analyst Insights

Henkels & McCoy acquisition

In January 2022, MasTec acquired Henkels & McCoy Group Inc. (Henkels) for $600.0 million. Henkels is one of the leading electrical power transmission and distribution service providers in the United States. The acquisitions adds 5,100 employees and industry-leading capabilities to MasTec’s operations. The scale and capacity offered by Henkels are anticipated to be leveraged to provide a wide-ranging suite of services to customers amid the ongoing transition to renewable energy generation. Furthermore, the acquisition represents a strong growth opportunity for MasTec over the next five years.

New Activity|ESG|M&A


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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Mastec, Inc. - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Mastec, Inc.'s performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Transmission Line Construction in the US, and Wireless Tower Construction industries.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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Mastec, Inc. - Financial Statements & Ratios

pie_chartMastec, Inc. Income Statement

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Revenue7,951.86,321.07,183.26,909.46,607.05,134.7
Cost of Revenue000000000000000000000000
Cost of Revenue, Non-Cash000000000000000000000000
Gross Profit000000000000000000000000
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pie_chartMastec, Inc. Balance Sheet

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Cash and Equivalents360.7423.171.427.440.338.8
Short-Term Investments000000000000000000000000
Derivative Assets, Current000000000000000000000000
Restricted Cash and Investments000000000000000000000000
AAAAAA AAAAAA000000000000000000000000

pie_chartMastec, Inc. Cash Flow

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Net Income330.7322.7394.1259.2348.9134.0
Income (Loss) From Discontinued Operations000000000000000000000000
Depreciation, Depletion and Amortization000000000000000000000000
Amortization of Financing Costs and Discounts000000000000000000000000
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