← MASTEC INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $131.3m |
$347.2m
+164.52%
|
$259.7m
-25.22%
|
$392.3m
+51.10%
|
$322.8m
-17.71%
|
$328.8m
+1.85%
|
$33.4m
-89.86%
|
($49.9m)
-249.75%
|
$162.8m
+425.91%
|
$399.0m
+145.13%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $134.0m |
$348.9m
+160.29%
|
$259.2m
-25.70%
|
$394.1m
+52.03%
|
$322.7m
-18.12%
|
$328.8m
+1.90%
|
$33.4m
-89.86%
|
($49.9m)
-249.75%
|
$162.8m
+425.91%
|
$399.0m
+145.13%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $134.0m | $348.9m | $259.2m | $394.1m | $322.7m | $330.7m | $33.9m | ($47.3m) | $199.4m | $422.0m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $2.8m | $1.7m | ($428k) | $1.8m | ($149k) | $1.9m | $534k | $2.7m | $36.6m | $23.0m | — | |
| Depreciation, Depletion and Amortization | $164.9m | $188.0m | $212.9m | $235.5m | $297.8m | $422.8m | $507.1m | $603.2m | $506.6m | $427.1m | $461.1m | |
| Amortization of Debt Issuance Costs | — | — | $2.9m | $2.9m | $3.0m | $3.2m | $3.6m | $4.1m | $4.6m | $4.7m | — | |
| Amortization of Debt Issuance Costs and Discounts | $3.0m | $3.1m | $2.6m | $3.2m | $3.0m | $3.2m | $4.2m | $5.8m | $5.5m | $4.8m | — | |
| Amortization of Intangible Assets | $21.3m | $20.9m | $20.6m | $23.0m | $38.9m | $77.2m | $135.9m | $169.2m | $139.9m | $131.2m | — | |
| Amortization Cash Flow | — | — | — | — | — | — | $135.9m | $169.2m | $139.9m | $131.2m | — | |
| Amortization Of Intangibles | — | — | — | — | — | — | $135.9m | $169.2m | $139.9m | $131.2m | $142.0m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $507.1m | $603.2m | $506.6m | $427.1m | $461.1m | |
| Deferred Income Tax Expense (Benefit) | ($3.9m) | $18.3m | $56.2m | $22.2m | $7.2m | $51.9m | $9.6m | ($140.9m) | ($34.5m) | $115.2m | $135.6m | |
| Deferred Income Tax | — | — | — | — | — | — | $9.5m | ($140.9m) | ($34.4m) | $115.2m | $135.6m | |
| Deferred Tax | — | — | — | — | — | — | $9.5m | ($140.9m) | ($34.4m) | $115.2m | $135.6m | |
| Share-based Payment Arrangement, Noncash Expense | — | — | $13.5m | $16.4m | $21.9m | $24.8m | $27.4m | $33.3m | $32.7m | $34.0m | $37.4m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $600k | $6.2m | $3.8m | $45k | $636k | $6.0m | $4.1m | $10.3m | $2.9m | $5.6m | — | |
| Share-based Payment Arrangement, Expense | $15.1m | $15.7m | $13.5m | $16.4m | $21.9m | $24.8m | $27.4m | $33.3m | $32.7m | $34.0m | $37.4m | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | $0 | $0 | $0 | $0 | $0 | — | — | $0 | — | |
| Gain (Loss) on Sale of Assets and Asset Impairment Charges | ($2.0m) | $5.9m | $16.1m | $13.9m | $16.2m | $35.6m | $39.7m | $21.4m | $24.1m | $18.5m | — | |
| Goodwill and Intangible Asset Impairment | $0 | $0 | — | $3.3m | $0 | $0 | — | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | $47.7m | — | — | — | — | — | — | $0 | — | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | $3.3m | — | — | — | — | — | — | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | — | $3.3m | — | — | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments | $3.5m | $21.3m | $23.9m | $27.4m | $29.7m | $33.8m | $28.8m | $30.7m | $30.2m | $32.0m | — | |
| Nonoperating Income (Expense) | $6.8m | $13.0m | $1.8m | ($14.0m) | $27.5m | $33.4m | $1.4m | $40.9m | ($11.0m) | $3.8m | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | ($28.8m) | ($30.7m) | ($30.2m) | ($32.0m) | ($29.2m) | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($166.1m) | $276.3m | $441.1m | ($409.6m) | ($546.2m) | |
| Increase (Decrease) in Accounts Receivable | $246.4m | $417.5m | $335.2m | ($113.1m) | ($87.4m) | ($149.2m) | ($6.3m) | ($45.0m) | ($29.6m) | $140.8m | ($912.4m) | |
| Change In Receivables | — | — | — | — | — | — | ($298.1m) | ($9.2m) | $237.3m | ($587.4m) | ($912.4m) | |
| Changes In Account Receivables | — | — | — | — | — | — | $6.3m | $45.0m | $29.6m | ($140.8m) | ($912.4m) | |
| Increase (Decrease) in Inventories | $22.2m | ($36.2m) | $29.4m | ($24.1m) | ($17.9m) | ($10.1m) | $20.5m | ($33.0m) | ($26.3m) | $2.7m | $1.5m | |
| Change In Inventory | — | — | — | — | — | — | ($20.5m) | $33.0m | $26.3m | ($2.7m) | $1.5m | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $192.1m | $165.9m | ($161.7m) | $250.5m | $308.5m | |
| Change In Other Current Assets | — | — | — | — | — | — | $68.6m | $75.0m | $20.5m | ($65.3m) | ($18.4m) | |
| Change In Other Current Liabilities | — | — | — | — | — | — | ($68.9m) | ($37.8m) | $71.1m | $2.7m | $55.6m | |
| Net Cash Provided by (Used in) Operating Activities | $205.6m |
$156.3m
-23.99%
|
$530.0m
+239.14%
|
$550.3m
+3.83%
|
$937.3m
+70.32%
|
$793.1m
-15.38%
|
$352.3m
-55.58%
|
$687.3m
+95.08%
|
$1.1b
+63.20%
|
$545.7m
-51.35%
|
$582.0m
+6.65%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | $11.2m | $20.0m | $39.4m | $35.0m | $37.1m | $35.6m | $81.5m | $84.1m | $66.0m | $56.3m | ($55.4m) | |
| Capital Expenditure | $117.1m | $123.4m | $180.4m | $126.5m | $213.7m | $170.1m | ($263.4m) | ($192.9m) | ($148.9m) | ($260.0m) | ($337.2m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $4.1m | $116.0m | $6.7m | $179.5m | $25.0m | $1.2b | $635.8m | $69.4m | $79.9m | $71.0m | ($330.6m) | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | — | ($1.8m) | ($1.6m) | ($43k) | ($1.6m) | ($4.6m) | ($4.7m) | — | |
| Net Other Investing Changes | — | — | — | — | — | — | $43k | $1.6m | $4.6m | $4.7m | ($1.1m) | |
| Net Cash Provided by (Used in) Investing Activities | ($141.0m) | ($272.7m) | ($181.8m) | ($261.8m) | ($216.6m) | ($1.4b) | ($821.2m) | ($178.1m) | ($157.5m) | ($267.2m) | ($606.5m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | ($5.6m) | $0 | $0 | $0 | ($11.3m) | $0 | — | |
| Issuance Of Debt | — | — | — | — | — | — | $4.1b | $4.4b | $4.6b | $5.6b | $4.9b | |
| Long Term Debt Issuance | — | — | — | — | — | — | $4.1b | $4.4b | $4.6b | $5.6b | $4.9b | |
| Long Term Debt Payments | — | — | — | — | — | — | ($3.4b) | ($4.7b) | ($5.6b) | ($5.7b) | ($5.6b) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $642.4m | ($299.4m) | ($981.9m) | ($105.5m) | $268.0m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $642.4m | ($299.4m) | ($981.9m) | ($105.5m) | ($33.1m) | |
| Net Short Term Debt Issuance | — | — | — | — | — | $691.3m | $823.9m | ($131.8m) | — | — | — | |
| Repayment Of Debt | — | — | — | — | — | — | ($3.4b) | ($4.7b) | ($5.6b) | ($5.7b) | ($5.6b) | |
| Short Term Debt Issuance | — | — | — | — | — | $1.5b | $4.1b | $4.4b | — | — | — | |
| Short Term Debt Payments | — | — | — | — | — | ($812.1m) | ($3.2b) | ($4.5b) | — | — | — | |
| Payments for Repurchase of Common Stock | $0 | $1.6m | $313.9m | $5.7m | $120.2m | $0 | $81.3m | $0 | $0 | $77.3m | — | |
| Common Stock Payments | — | — | — | — | — | — | ($81.3m) | $0 | $0 | ($77.3m) | $0 | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($81.3m) | $0 | $0 | ($77.3m) | $0 | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($81.3m) | $0 | $0 | ($77.3m) | $0 | |
| Proceeds from (Payments for) Other Financing Activities | $380k | ($6.3m) | $0 | ($8.5m) | ($11.8m) | $6.2m | ($22.6m) | ($5.2m) | ($35.5m) | ($28.4m) | — | |
| Net Other Financing Charges | — | — | — | — | — | — | ($76.1m) | ($41.3m) | ($105.4m) | ($95.0m) | ($99.7m) | |
| Net Cash Provided by (Used in) Financing Activities | ($29.5m) |
$118.2m
+500.72%
|
($361.1m)
-405.61%
|
($244.6m)
+32.25%
|
($369.9m)
-51.20%
|
$501.9m
+235.70%
|
$480.9m
-4.19%
|
($351.0m)
-172.99%
|
($1.1b)
-210.61%
|
($283.4m)
+74.00%
|
$149.2m
+152.62%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $33.8m | $1.6m | ($12.9m) | $44.0m | $351.7m | ($62.4m) | $9.9m | $159.0m | ($129.7m) | ($3.9m) | $315.7m | |
| Beginning Cash Position | — | — | — | — | — | — | $360.7m | $370.6m | $529.6m | $399.9m | $191.1m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | $423.1m | $360.7m | $370.6m | $529.6m | $399.9m | $396.0m | $315.7m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | $929k | ($227k) | ($2.2m) | $751k | ($3.6m) | $1.1m | ($90k) | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($2.2m) | $751k | ($3.6m) | $1.1m | ($90k) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $47.7m | $59.2m | $81.2m | $85.0m | $65.0m | $61.8m | $106.5m | $237.6m | $195.3m | $176.5m | — | |
| Income Taxes Paid, Net | $59.3m | $78.7m | ($21.4m) | $106.2m | $64.7m | $69.1m | $8.6m | $9.6m | $44.0m | $44.4m | — | |
| Additional Financial Items | ||||||||||||
| General and Administrative Expense | $261.4m | $275.1m | $287.3m | $299.5m | $319.2m | $307.0m | $559.4m | $698.9m | $684.5m | $713.0m | — | |
| Goodwill | $995.9m | $1.1b | $1.1b | $1.2b | $1.2b | $1.5b | $2.0b | $2.1b | $2.2b | $2.2b | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $131.3m | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $134.0m | $348.9m | $259.2m | $394.1m | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $0 | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $0 | — | — | — | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $91.8m | $22.9m | $106.1m | $116.8m | $102.5m | $99.3m | $9.2m | ($35.4m) | $51.5m | $93.4m | — | |
| Operating Lease, Expense | — | — | — | — | $113.0m | $107.7m | $134.1m | — | — | — | — | |
| Proceeds from (Payments to) Noncontrolling Interests | $0 | $22.7m | $559k | $583k | ($719k) | ($9.0m) | ($728k) | ($14.5m) | ($32.9m) | ($24.5m) | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $480.9m | ($351.0m) | ($1.1b) | ($283.4m) | $149.2m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($821.2m) | ($178.1m) | ($157.5m) | ($267.2m) | ($606.5m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $9.9m | $159.0m | ($129.7m) | ($3.9m) | — | |
| Change In Other Working Capital | — | — | — | — | — | — | ($39.4m) | $49.4m | $247.5m | ($7.3m) | $19.0m | |
| Changes In Cash | — | — | — | — | — | — | $12.0m | $158.2m | ($126.1m) | ($5.0m) | $124.7m | |
| End Cash Position | — | — | — | — | — | — | $370.6m | $529.6m | $399.9m | $396.0m | $315.7m | |
| Financing Cash Flow | — | — | — | — | — | — | $480.9m |
($351.0m)
-172.99%
|
($1.1b)
-210.61%
|
($283.4m)
+74.00%
|
$149.2m
+152.62%
|
|
| Free Cash Flow | — | — | — | — | — | — | $88.9m | $494.3m | $972.8m | $285.7m | $244.8m | |
| Investing Cash Flow | — | — | — | — | — | — | ($821.2m) | ($178.1m) | ($157.5m) | ($267.2m) | ($606.5m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($635.8m) | ($69.4m) | ($79.9m) | ($71.0m) | ($330.6m) | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | ($3.6m) | ($1.5m) | $702k | $2.8m | $12.5m | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | $81.5m | $84.1m | $66.0m | $56.3m | $50.0m | |
| Operating Gains Losses | — | — | — | — | — | — | ($68.5m) | ($52.1m) | ($43.0m) | ($50.4m) | ($55.4m) | |
| Other Non Cash Items | — | — | — | — | — | — | $8.9m | $14.7m | $19.2m | $7.4m | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | ($4.1m) | ($10.3m) | ($2.9m) | ($5.6m) | ($19.1m) | |
| Purchase Of Business | — | — | — | — | — | — | ($635.8m) | ($69.4m) | ($79.9m) | ($71.0m) | ($330.6m) | |
| Purchase Of Investment | — | — | — | — | — | — | ($4.0m) | ($1.9m) | ($801k) | ($1.0m) | ($5.0m) | |
| Sale Of Investment | — | — | — | — | — | — | $400k | $425k | $1.5m | $3.8m | $17.5m | |
| Sale Of PPE | — | — | — | — | — | — | $81.5m | $84.1m | $66.0m | $56.3m | $50.0m | |
| Stock Based Compensation | — | — | — | — | — | — | $27.4m | $33.3m | $32.7m | $34.0m | $37.4m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.