Welcome to our dedicated page for MasTec news (Ticker: MTZ), a resource for investors and traders seeking the latest updates and insights on MasTec stock.
MasTec, Inc. reports news on its North American infrastructure engineering and construction business, including engineering, building, installation, maintenance and upgrade work for communications, energy, utility and other infrastructure markets. The company operates through Communications, Power Delivery, Pipeline Infrastructure, and Clean Energy and Infrastructure segments, covering wireless and wireline/fiber networks, transmission and distribution, natural gas pipeline and distribution infrastructure, renewable energy, heavy civil and industrial infrastructure.
Recurring MasTec developments include quarterly and annual results, financial guidance, backlog updates, segment revenue trends, project mix and margin commentary, capital allocation statements, investor presentations and earnings conference calls. Company updates often connect performance to activity levels across pipeline, communications, power delivery and clean energy infrastructure markets.
MasTec (MTZ) appointed Ati Modak as Vice President of Investor Relations, effective September 2026.
Modak joins from Goldman Sachs, where he was Vice President in Equity Research, Energy Services, covering companies across traditional and new energy sectors, and previously worked at Citi. He holds a Bachelor of Engineering from PDEU in India and an MBA from Fordham University in New York. MasTec’s CEO and CFO said his sector knowledge, investor engagement experience, and understanding of infrastructure services should support the company’s communication with investors and its focus on shareholder value.
MasTec (NYSE: MTZ) has priced a public offering of $650,000,000 aggregate principal amount of senior notes due September 30, 2036. The notes carry a fixed interest rate of 5.850%, paid semi-annually, and were priced at 99.656% of principal.
The notes will be MasTec’s senior unsecured obligations, ranking pari passu with its existing and future senior unsecured debt, senior to any future subordinated debt, but effectively subordinated to secured debt and structurally subordinated to subsidiary liabilities. MasTec intends to use the net proceeds primarily to repay some or all of its $600 million term loan maturing June 26, 2028, plus related fees and expenses, with any remainder for general corporate purposes, including possible repayment of other indebtedness. Closing is expected on August 17, 2026, subject to customary conditions, with several major banks acting as joint book-running managers.
MasTec (NYSE: MTZ) reported record second quarter 2026 revenue of $4.37 billion, up 23.4% year-over-year, with GAAP net income of $145.7 million (net margin 3.3%) and adjusted EBITDA of $384.2 million, up 39.8%. Diluted EPS was $1.65 and adjusted diluted EPS $2.22, rising 51.0% and 48.8% respectively.
The company’s estimated 18‑month backlog reached a record $21.4 billion, up 30.0% year-over-year and $1.1 billion sequentially, led by 58% year-over-year growth in Clean Energy and Infrastructure backlog. Segment revenue grew across all lines, highlighted by Clean Energy and Infrastructure revenue of $1.62 billion (+43.4%) and Pipeline Infrastructure revenue of $642.8 million (+19.1%) with EBITDA margin of 18.4%.
MasTec also closed the acquisition of The Superior Group, a North American full-service electrical contractor focused on data center and other end markets. For full year 2026, MasTec now guides to revenue of $18.2 billion, adjusted EBITDA of $1.6 billion (8.8% margin), GAAP diluted EPS of $6.20 and adjusted diluted EPS of $9.30. Third quarter 2026 guidance includes revenue of $4.93 billion, adjusted EBITDA of $482 million (9.8% margin), GAAP EPS of $2.03 and adjusted EPS of $2.98.
MasTec (NYSE: MTZ) announced the appointment of Alex Spiro to its Board of Directors as a Class III Director. Spiro has over a decade of experience advising Fortune 500 companies on regulatory investigations, corporate governance, securities matters, complex litigation and strategic transactions.
According to MasTec, Spiro is also an active investor, advisor and public company director with experience in energy, mining and technology. He currently serves on the boards of TMC the metals company (Nasdaq: TMC) and CleanCore Solutions (NYSE: ZONE). Spiro holds a law degree from Harvard Law School and has held multiple academic and non-profit leadership roles at Harvard and with the Reform Alliance.
MasTec (NYSE: MTZ) has closed its previously announced acquisition of Electrical Specialists, d/b/a The Superior Group, a full-service electrical contractor focused on critical infrastructure. The cash-and-stock Transaction is valued at approximately $1.65 billion, subject to customary purchase price adjustments and a potential cash earnout tied to Superior’s post-closing performance.
According to MasTec, the cash portion was funded through cash on hand, drawings under its existing credit facility, and two previously disclosed delayed draw term loan facilities. Superior adds approximately 3,000 employees, and MasTec views the deal as advancing its strategy to build a scaled infrastructure capacity platform serving data center, power and other mission-critical projects.
MasTec (NYSE: MTZ) plans to release its second quarter 2026 financial results on Thursday, July 30, 2026, after the market close. The company’s senior management will host a live webcast to review the results on Friday, July 31, 2026, at 9:00 a.m. ET, accessible via MasTec’s Investor Relations website, where a replay and supporting materials will also be available.
MasTec (NYSE: MTZ) agreed to acquire Electrical Specialists d/b/a The Superior Group, a major U.S. electrical contractor focused on data centers and mission-critical infrastructure, for approximately $1.65 billion, payable in about $475 million in stock and $1.175 billion in cash plus a potential earnout.
Superior, with roughly 3,000 employees, is projected to generate 2026 revenue of $1.6–$1.7 billion and Adjusted EBITDA of $225–$250 million. MasTec expects the deal to be immediately accretive to revenue, Adjusted EBITDA, adjusted EPS and cash flow from operations, with closing targeted for mid to late July 2026.
MasTec (NYSE: MTZ) appointed Mr. Manny Miranda to its Board of Directors as a Class II Director. He brings over 40 years of utility-industry experience spanning electric and natural gas operations.
His background covers transmission, distribution, engineering, construction, maintenance, customer service, system reliability, storm hardening, and major capital programs.
MasTec (NYSE: MTZ) is hosting an in-person, invitation-only Investor Day in New York City today, May 12, 2026, starting at 8:45 a.m. ET and ending around 12:00 p.m. ET.
Management will review business strategy, growth drivers, multi-year financial targets, and take questions. A live webcast, materials, and replay will be available on the investor relations website.
MasTec (NYSE: MTZ) reported record Q1 2026 revenue $3.829B (up 34% YoY) and 18-month backlog $20.3B (up 28% YoY). GAAP diluted EPS was $0.77, adjusted diluted EPS $1.39. Q1 adjusted EBITDA was $283.6M. Company raised full‑year 2026 guidance to $17.5B revenue, GAAP EPS $6.77 and adjusted EPS $8.79.
Segment growth led by Pipeline Infrastructure +91% revenue and Clean Energy and Infrastructure +45% revenue. Management cited strong demand, operational execution and an improved balance sheet.