MasTec Inc (MTZ)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 551,529 | 346,970 | 386,571 | 481,945 | 408,843 | 422,463 | 290,340 | 114,882 | 155,403 | 198,671 | 264,601 | 343,535 | 483,489 | 545,643 | 569,044 | 544,761 | 490,362 | 463,692 | 479,847 | 564,056 |
| 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 |
| Operating profit margin | 4.48% | 2.85% | 3.17% | 3.98% | 3.41% | 3.60% | 2.64% | 1.10% | 1.59% | 2.32% | 3.12% | 4.23% | 6.08% | 7.01% | 8.05% | 8.16% | 7.76% | 7.25% | 7.15% | 7.97% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $551,529K ÷ $12,303,470K
= 4.48%
MasTec Inc's operating profit margin has shown fluctuations over the provided periods. Initially, the operating profit margin hovered around the 7-8% range from March 2020 to June 2021. Subsequently, there was a gradual decline reaching its lowest point of 1.10% in March 2023. However, there was a slight recovery in the following periods, with the margin reaching around 4% by December 2024. The recent trend indicates a partial recovery from the lowest point but still remaining lower compared to the earlier periods. The fluctuation in operating profit margin may indicate varying levels of efficiency in managing operating expenses and generating profits from operations over the analyzed period.
Peer comparison
Dec 31, 2024