MasTec Inc (MTZ)

Operating profit margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Operating income US$ in thousands 436,351 152,011 155,314 483,488 490,362
Revenue US$ in thousands 12,303,500 11,995,900 9,778,040 7,951,780 6,320,980
Operating profit margin 3.55% 1.27% 1.59% 6.08% 7.76%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $436,351K ÷ $12,303,500K
= 3.55%

MasTec Inc's operating profit margin has displayed a declining trend over the years, starting at 7.76% on December 31, 2020, and decreasing to 3.55% by December 31, 2024. This downward trajectory indicates potential challenges in generating profits from its core operations. The company may need to closely assess its cost structure, revenue streams, and operational efficiency to improve profitability in the future.


Peer comparison

Dec 31, 2024

Company name
Symbol
Operating profit margin
MasTec Inc
MTZ
3.55%
Dycom Industries Inc
DY
89.57%
MYR Group Inc
MYRG
1.61%