MasTec Reports Record 2025 Results, Issues Strong 2026 Guidance Amidst Surging Backlog
MTZ has more than doubled off its 52-week low of $99.7 on elevated volume (2.0× avg).
Summary
MasTec announced record fourth quarter and full year 2025 financial results, exceeding guidance, and provided robust 2026 guidance, driven by unprecedented demand and a record $19 billion backlog.
Key Events · Earnings and Guidance · MTZ
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Record 2025 Financial Performance
MasTec reported record full year 2025 revenue of $14.3 billion (up 16% year-over-year) and Adjusted Diluted EPS of $6.55 (up 66% year-over-year), both exceeding guidance expectations.
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Strong 2026 Financial Guidance
The company issued initial full year 2026 guidance projecting revenue of $17.0 billion (approximately 19% growth) and Adjusted Diluted EPS of $8.40 (approximately 28% growth), indicating continued robust expansion.
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Record Backlog Signals Future Growth
MasTec achieved a record 18-month backlog of $19.0 billion at year-end 2025, representing a 33% increase year-over-year and a 13% sequential increase from Q3 2025, driven by strong demand across all segments.
Analysis · MTZ · Real Estate & Construction
MasTec delivered exceptional financial performance in 2025, surpassing its own guidance, and provided a very strong outlook for 2026. This indicates robust demand in its core infrastructure markets, including energy, communications, and power. The record backlog further supports sustained growth, reinforcing a bullish investment thesis. This positive news, especially the forward-looking guidance, is highly material for investors.
How filings like this one have moved
In the 30 days to Oct 4, 2026, 36.6% of the 1018 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.63%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, MTZ was trading at $295.96 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $22.9B. The 52-week trading range was $99.70 to $291.70. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.