MasTec Historical Income Statement
| MTZ Stock | USD 85.18 1.35 1.56% |
Historical analysis of MasTec income statement accounts such as Gross Profit of 826.2 M can show how well MasTec Inc performed in making a profits. Evaluating MasTec income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of MasTec's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining MasTec Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether MasTec Inc is a good buy for the upcoming year.
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About MasTec Income Statement Analysis
MasTec Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to MasTec shareholders. The income statement also shows MasTec investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
MasTec Income Statement Chart
MasTec Inc Income Statement is one of the three primary financial statements used for reporting MasTec's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of MasTec Inc revenue and expense. MasTec Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, MasTec's Depreciation And Amortization is fairly stable compared to the past year. Interest Expense is likely to rise to about 246.1 M in 2024, whereas Operating Income is likely to drop slightly above 147.9 M in 2024. Add Fundamental
Total Revenue
Total revenue comprises all receipts MasTec Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of MasTec Inc minus its cost of goods sold. It is profit before MasTec operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of MasTec Inc. It is also known as MasTec overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from MasTec's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into MasTec Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MasTec Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. At this time, MasTec's Depreciation And Amortization is fairly stable compared to the past year. Interest Expense is likely to rise to about 246.1 M in 2024, whereas Operating Income is likely to drop slightly above 147.9 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.1B | 1.2B | 786.8M | 826.2M | Total Revenue | 8.0B | 9.8B | 12.0B | 12.6B |
MasTec income statement Correlations
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MasTec Account Relationship Matchups
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MasTec income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 235.5M | 297.8M | 422.8M | 507.1M | 603.2M | 633.3M | |
| Interest Expense | 77.0M | 59.6M | 53.4M | 112.3M | 234.4M | 246.1M | |
| Total Revenue | 7.2B | 6.3B | 8.0B | 9.8B | 12.0B | 12.6B | |
| Gross Profit | 1.1B | 1.1B | 1.1B | 1.2B | 786.8M | 826.2M | |
| Other Operating Expenses | 6.6B | 5.9B | 7.5B | 9.7B | 11.8B | 12.4B | |
| Operating Income | 591.3M | 490.4M | 483.5M | 155.3M | 152.0M | 147.9M | |
| Ebit | 591.3M | 490.4M | 483.5M | 155.3M | 152.0M | 139.0M | |
| Ebitda | 826.8M | 788.1M | 906.3M | 662.5M | 755.2M | 792.9M | |
| Cost Of Revenue | 6.1B | 5.3B | 6.8B | 8.6B | 11.2B | 11.8B | |
| Total Operating Expenses | 535.0M | 616.9M | 729.8M | 1.1B | 634.8M | 666.5M | |
| Income Before Tax | 510.9M | 425.2M | 430.1M | 43.1M | (82.7M) | (78.6M) | |
| Total Other Income Expense Net | (80.3M) | (65.2M) | (53.4M) | (112.3M) | (234.7M) | (223.0M) | |
| Net Income | 392.3M | 322.8M | 328.8M | 33.4M | (49.9M) | (47.5M) | |
| Income Tax Expense | 116.8M | 102.5M | 99.3M | 9.2M | (35.4M) | (33.6M) | |
| Selling General Administrative | 299.5M | 319.2M | 307.0M | 559.4M | 698.9M | 733.8M | |
| Net Income Applicable To Common Shares | 392.3M | 322.8M | 328.8M | 33.4M | 38.4M | 36.4M | |
| Minority Interest | 1.8M | (149K) | (1.9M) | (534K) | (2.4M) | (2.2M) | |
| Net Income From Continuing Ops | 394.1M | 322.7M | 330.7M | 33.9M | (45.1M) | (42.9M) | |
| Non Operating Income Net Other | 13.3M | 51.6M | 67.2M | 30.2M | 34.7M | 24.8M | |
| Tax Provision | 116.8M | 102.5M | 99.3M | 9.2M | (25.0M) | (23.7M) | |
| Interest Income | 49.7M | 29.9M | 26.6M | 83.4M | 95.9M | 52.7M | |
| Net Interest Income | (77.0M) | (59.6M) | (53.4M) | (112.3M) | (224.6M) | (213.4M) | |
| Reconciled Depreciation | 235.5M | 297.8M | 422.8M | 507.1M | 614.0M | 389.4M |
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Is MasTec's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MasTec. If investors know MasTec will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MasTec listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.88) | Earnings Share (0.64) | Revenue Per Share 154.716 | Quarterly Revenue Growth 0.09 | Return On Assets 0.0102 |
The market value of MasTec Inc is measured differently than its book value, which is the value of MasTec that is recorded on the company's balance sheet. Investors also form their own opinion of MasTec's value that differs from its market value or its book value, called intrinsic value, which is MasTec's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MasTec's market value can be influenced by many factors that don't directly affect MasTec's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MasTec's value and its price as these two are different measures arrived at by different means. Investors typically determine if MasTec is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MasTec's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.