MasTec (MTZ) Tops Q2 EPS by 9c, Beats on Revenue; Offers FY25 EPS Guidance
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MasTec Reports Second Quarter 2025 Results and Updates 2025 Financial Guidance
July 31, 2025 4:19 PM EDTSecond Quarter 2025 Highlights
Revenue of $3.5 billion increased 20% year-over-year, a quarterly record; strong 25% combined growth contribution from non-pipeline segments; 6% decrease from Pipeline Infrastructure due to large contract close-out last year 18-month backlog as of June 30, 2025 of $16.5 billion increased 23% year-over-year and 4% versus the prior quarter; significant second quarter new awards in Clean Energy and Infrastructure led to a record backlog level Diluted EPS of $1.09 and Adjusted Diluted EPS of $1.49, above guidance expectations and increased 153% and 49% year-over-year, respectively GAAP Net Income of $90.1 million, above expectations by $2.1 million, and Adjusted EBITDA of $274.8 million, in line... More