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%