MasTec Inc (MTZ)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 162,788 | -49,949 | 33,354 | 328,831 | 322,848 |
| Revenue | US$ in thousands | 12,303,500 | 11,995,900 | 9,778,040 | 7,951,780 | 6,320,980 |
| Net profit margin | 1.32% | -0.42% | 0.34% | 4.14% | 5.11% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $162,788K ÷ $12,303,500K
= 1.32%
MasTec Inc's net profit margin has experienced fluctuations over the years based on the provided data. As of December 31, 2020, the net profit margin stood at 5.11%, indicating that the company was able to retain 5.11% of its total revenue as net profit. However, there was a decrease in the net profit margin in the following years, with a decline to 4.14% by December 31, 2021, and a significant drop to 0.34% by December 31, 2022.
The trend continued with a negative net profit margin of -0.42% by December 31, 2023, suggesting that the company incurred losses in relation to its revenue during that period. Nevertheless, there was a slight recovery in profitability by December 31, 2024, as the net profit margin improved to 1.32%.
These fluctuations in the net profit margin indicate varying levels of efficiency in cost management and revenue generation by MasTec Inc over the years. It is important for the company to evaluate its operational performance and profitability drivers to sustain and enhance its financial health.
Peer comparison
Dec 31, 2024