MasTec Inc (MTZ)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 162,788 | 88,801 | 7,857 | -10,589 | -49,955 | -47,484 | -12,884 | -12,214 | 33,373 | 106,793 | 168,984 | 228,223 | 328,831 | 365,309 | 370,713 | 352,267 | 322,848 | 310,642 | 322,747 | 385,452 |
| Revenue (ttm) | US$ in thousands | 12,303,470 | 12,180,450 | 12,185,100 | 12,098,130 | 11,995,940 | 11,724,220 | 10,980,620 | 10,408,290 | 9,778,030 | 8,579,040 | 8,469,890 | 8,130,760 | 7,951,780 | 7,779,210 | 7,073,160 | 6,679,800 | 6,320,980 | 6,393,400 | 6,711,740 | 7,081,450 |
| Net profit margin | 1.32% | 0.73% | 0.06% | -0.09% | -0.42% | -0.41% | -0.12% | -0.12% | 0.34% | 1.24% | 2.00% | 2.81% | 4.14% | 4.70% | 5.24% | 5.27% | 5.11% | 4.86% | 4.81% | 5.44% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $162,788K ÷ $12,303,470K
= 1.32%
MasTec Inc's net profit margin has shown fluctuations over the periods indicated. It started at a relatively healthy level of 5.44% as of March 31, 2020, but then experienced slight declines over the next few quarters, reaching 4.86% by September 30, 2020. There was a brief improvement by December 31, 2020, where the net profit margin increased to 5.11%.
However, from March 31, 2021, onward, the net profit margin showed a general upward trend, peaking at 5.27% on March 31, 2021. Subsequently, there was a slight dip by September 30, 2021, to 4.70%, followed by a more significant decline to 4.14% by December 31, 2021.
From March 31, 2022, there was a notable decrease in the net profit margin, dropping to 2.81% and further decreasing to 0.34% by December 31, 2022. The trend continued to decline into negative figures, with net profit margins of -0.42% by December 31, 2023.
However, there was a reversal in trend starting from June 30, 2024, where the net profit margin rose to 0.06%, followed by further improvements to 0.73% by September 30, 2024, and ultimately reaching 1.32% by December 31, 2024. This suggests a potential turnaround or recovery in profitability for MasTec Inc in the latter part of the period analyzed.
Peer comparison
Dec 31, 2024