MasTec, Inc.
New York Stock ExchangeRecent
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ROIC.AI
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- MasTec, Inc. is a prominent infrastructure construction enterprise that delivers engineering, construction, installation, maintenance, and enhancement services across various essential sectors, primarily throughout North America. The company structures its operations into distinct segments: Communications, Clean Energy and Infrastructure, Oil and Gas, Power Delivery, and Other. It undertakes the development of diverse infrastructure projects, including underground and overhead distribution networks, such as wireless and fiber optic communication systems, cell towers, and cable installations. Within clean energy, MasTec builds renewable energy facilities like wind farms and solar installations, alongside general heavy civil infrastructure encompassing roads, bridges, and rail. The company also constructs natural gas and crude oil pipelines, pumping stations, compressor sites, and processing facilities. Additionally, its work extends to electrical power transmission and distribution systems, substations, and other civil construction projects, including water and sewer networks. Beyond new construction, MasTec provides ongoing support and improvement services, covering the upkeep of client facilities, networks, and critical infrastructure, from communications and power generation to pipelines and electrical grids. This includes rapid response for disaster recovery, as well as routine system replacements and upgrades. The company's diverse client base includes public and private utility providers, telecommunications carriers, pipeline operators, renewable energy developers, broadband service companies, and government entities. Originally established in 1929, the firm is headquartered in Coral Gables, Florida. MasTec has recently shown strong growth, particularly in its Clean Energy and Infrastructure and Communications segments, supported by a significant shift towards recurring revenue from long-term Master Service Agreements.
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MasTec, Inc. (MTZ) Q2 2026 Earnings Call Transcript
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