Company profile

Ticker
MTZ
Exchange
CEO
José Ramón Mas
Employees
Incorporated in
Location
Fiscal year end
Former names
Burnup & Sims Inc
SEC CIK
IRS number
650829355

MTZ stock data

(
)

Calendar

1 Aug 19
24 Aug 19
31 Dec 19

News

Company financial data Financial data

Quarter (USD) Jun 19 Mar 19 Dec 18 Sep 18
Revenue 1.94B 1.52B 1.92B 1.98B
Net income 119.71M 43.11M 31.9M 120.7M
Diluted EPS 1.58 0.57 0.41 1.52
Net profit margin 6.17% 2.84% 1.66% 6.10%
Net change in cash 15.98M 15.77M -41.06M 47.8M
Cash on hand 59.18M 43.19M 27.42M 68.48M
Annual (USD) Dec 18 Dec 17 Dec 16 Dec 15
Revenue 6.91B 6.61B 5.13B 4.21B
Net income 259.66M 347.21M 131.26M -79.11M
Diluted EPS 3.26 4.22 1.61 -0.98
Net profit margin 3.76% 5.26% 2.56% -1.88%
Net change in cash -12.9M 1.56M 33.78M -19.08M
Cash on hand 27.42M 40.33M 38.77M 4.98M

Financial data from MasTec earnings reports

Financial report summary

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Management Discussion
  • Revenue. For the three month period ended June 30, 2019, consolidated revenue totaled $1,939 million as compared with $1,618 million for the same period in 2018, an increase of $321 million, or 20%. Revenue increased in our Oil and Gas segment by $167 million, or 22%, in our Power Generation and Industrial segment by $104 million, or 71%, in our Communications segment by $34 million, or 5%, and in our Electrical Transmission segment by $16 million, or 19%. Acquisitions contributed $35 million in revenue for the three month period ended June 30, 2019, and organic revenue increased by approximately $286 million, or 18%, as compared with the same period in 2018.
  • Communications Segment. Communications revenue was $653 million for the three month period ended June 30, 2019, as compared with $619 million for the same period in 2018, an increase of $34 million, or 5%. Organic revenue increased by approximately $33 million, or 5%, as compared with the same period in 2018, and acquisitions contributed $1 million of revenue for the three month period ended June 30, 2019. The increase in organic revenue was primarily driven by higher levels of wireless and wireline/fiber revenue, partially offset by a decrease in install-to-the-home revenue, as compared with the same period in the prior year.
  • Oil and Gas Segment. Oil and Gas revenue was $937 million for three month period ended June 30, 2019, as compared with $769 million for the same period in 2018, an increase of $167 million, or 22%. Organic revenue increased by approximately $133 million, or 17%, as compared with the same period in 2018, and acquisitions contributed $34 million of revenue for the three month period ended June 30, 2019. The increase in organic revenue was due primarily to increased demand for pipeline projects, as well as from project activity and mix, partially offset by the effect of regulatory disruptions on selected long-haul pipeline construction activity.
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New words: Computex, exceed, franchise, history, inception, mentioned, Miami, provincial, redeem, redeemable, soccer, stadium
Removed: affiliated, communication, operational, receiver