MasTec Inc (MTZ)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -49,949 | -47,478 | -12,878 | -12,208 | 33,354 | 106,774 | 168,965 | 228,204 | 328,831 | 365,287 | 370,691 | 352,245 | 322,826 | 310,626 | 322,735 | 385,430 | 392,300 | 323,300 | 315,400 | 276,200 |
| Revenue (ttm) | US$ in thousands | 11,995,910 | 11,724,180 | 10,980,560 | 10,408,250 | 9,777,990 | 8,579,070 | 8,469,890 | 8,130,800 | 7,951,820 | 7,779,220 | 7,073,200 | 6,679,800 | 6,320,980 | 6,393,480 | 6,711,800 | 7,081,500 | 7,183,200 | 7,391,500 | 7,352,100 | 7,030,900 |
| Net profit margin | -0.42% | -0.40% | -0.12% | -0.12% | 0.34% | 1.24% | 1.99% | 2.81% | 4.14% | 4.70% | 5.24% | 5.27% | 5.11% | 4.86% | 4.81% | 5.44% | 5.46% | 4.37% | 4.29% | 3.93% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-49,949K ÷ $11,995,910K
= -0.42%
MasTec Inc's net profit margin has shown some fluctuation over the periods analyzed. The company experienced a negative net profit margin in recent quarters, with figures ranging from -0.42% to -0.12%. This implies that MasTec Inc's expenses exceeded its revenue during these periods.
However, looking at historical data, the net profit margin has been generally positive in previous quarters, with percentages ranging from 3.93% to 5.46%. This indicates that the company was able to generate profit after covering all expenses and taxes during those periods.
It is essential for MasTec Inc to closely monitor its expenses and revenue generation to improve its net profit margin and strive for consistent profitability in the future.
Peer comparison
Dec 31, 2023