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How Mastec (MTZ) makes money

Mastec (MTZ) made $5.2B of revenue in the third quarter 2026 (Q3 2026), +30% from a year earlier. Of every dollar of revenue, 5¢ was left as operating profit, 3¢ was left as net earnings.

Drawing the Sankey…

Mastec revenue by quarterMastec revenue by quarter$2.8BQ1 2025$3.5BQ2 2025$4.0BQ3 2025$3.9BQ4 2025$3.8BQ1 2026$4.4BQ2 2026$5.2BQ3 2026
Mastec: where each dollar of revenue goesMastec: where each dollar of revenue goesOperating profit5¢Income tax1¢Net earnings3¢Operating cash flow5¢Free cash flow3¢

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$5.2B100.0%
Operating profit$275M5.3%
Income tax$52.4M1.0%
Net earnings$151M2.9%
Operating cash flow$267M5.2%
Free cash flow$180M3.5%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$5.2B+30%
Q2 2026$4.4B+23%
Q1 2026$3.8B+34%
Q4 2025$3.9B+16%
Q3 2025$4.0B+22%
Q2 2025$3.5B+20%
Q1 2025$2.8B+6%

From Mastec's 10-Q filed Oct 29, 2026 (on EDGAR).

Questions

How does Mastec make money?

Mastec (MTZ) made $5.2B of revenue in the third quarter 2026 (Q3 2026), +30% from a year earlier. Of every dollar of revenue, 5¢ was left as operating profit, 3¢ was left as net earnings.

What is Mastec's profit margin?

Net earnings were $151M, 2.9% of revenue, in the third quarter 2026; the operating margin was 5.3%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.