MasTec Inc (MTZ)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 250,963 | 154,547 | 40,463 | -2,961 | -82,703 | -70,109 | -32,672 | -34,113 | 43,060 | 122,235 | 201,959 | 286,539 | 430,075 | 492,000 | 509,370 | 484,108 | 425,164 | 393,910 | 409,890 | 492,284 |
| 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 |
| Pretax margin | 2.04% | 1.27% | 0.33% | -0.02% | -0.69% | -0.60% | -0.30% | -0.33% | 0.44% | 1.42% | 2.38% | 3.52% | 5.41% | 6.32% | 7.20% | 7.25% | 6.73% | 6.16% | 6.11% | 6.95% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $250,963K ÷ $12,303,470K
= 2.04%
The pretax margin for MasTec Inc has shown some fluctuations over the past few years. It ranged from a low of -0.69% on December 31, 2023, to a high of 7.25% on March 31, 2021. In recent periods, the pretax margin has been on a downward trend, declining gradually from 6.32% on September 30, 2021, to 2.04% on December 31, 2024. This decrease may indicate challenges in controlling operating expenses or generating sufficient revenue to cover costs before taxes. It would be important for MasTec Inc to closely monitor its cost structure and revenue streams to sustain profitability levels and improve its financial performance in the future.
Peer comparison
Dec 31, 2024