MasTec Inc (MTZ)

Operating return on assets (Operating ROA)

		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
Total assets	US$ in thousands	8,975,280	9,373,510	9,293,260	7,121,390	5,227,850
Operating ROA		4.86%	1.62%	1.67%	6.79%	9.38%

December 31, 2024 calculation

Operating ROA = Operating income ÷ Total assets
= $436,351K ÷ $8,975,280K
= 4.86%

MasTec Inc's operating return on assets (ROA) has gradually decreased over the years. In December 31, 2020, the operating ROA was at 9.38%, indicating strong efficiency in generating operating profits relative to its assets. However, by December 31, 2024, the operating ROA decreased to 4.86%. This decline suggests that MasTec Inc's ability to generate operating income from its assets has diminished over the period analyzed. It is essential for the company to assess and improve its operational efficiency to enhance its profitability and return on assets in the future.

Peer comparison

Dec 31, 2024

Company name

Symbol

Operating ROA

MasTec Inc

MTZ

4.86%