Company
MasTec, Inc.
Headquarters: Coral Gables, FL, United States
Founded: March 11, 1994
Employees: 27,000
CEO: Mr. Jose Ramon Mas
Market Cap
$5.56 Billion
USD as of Jan. 1, 2024
Top Competitors by Market Capitalization
Industry: Engineering & Construction
| Company | Market Cap (USD) |
|---|---|
| Vinci SA | $72.19 B |
| Johnson Controls International plc | $38.59 B |
| Quanta Services, Inc. | $29.31 B |
| China Railway Group Ltd | $18.49 B |
| WSP Global Inc. | $17.24 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Boeing | $148.18 B |
| Union Pacific | $147.34 B |
| Caterpillar | $145.65 B |
| Siemens | $138.51 B |
| General Electric | $135.68 B |
Detailed Description
MasTec, Inc., an infrastructure construction company, provides engineering, building, installation, maintenance, and upgrade services for communications, energy, utility, and other infrastructure primarily in the United States and Canada. It operates through Communications, Clean Energy and Infrastructure, Oil and Gas, Power Delivery, and Other segments. The company builds underground and overhead distribution systems, including trenches, conduits, cell towers, cable, and power lines, which provide wireless and wireline/fiber communications; clean energy infrastructure comprising renewable energy; natural gas, product transport; electrical and gas transmission, and distribution systems; heavy industrial plants; compressor and pump stations, and treatment plants; water and sewer infrastructure, including water pipelines; and other civil construction infrastructure. It also installs electrical and other gas distribution and transmission systems, power generation facilities, buried and aerial fiber optic and other cables, as well as home automation and energy management solutions. In addition, the company offers maintenance and upgrade support services comprising maintenance of customers' distribution facilities, networks, and infrastructure, including communications, power generation, pipeline, electrical distribution and transmission, and heavy civil infrastructure; service restoration for natural disasters and accidents; and routine replacements and upgrades to overhauls. Its customers include public and private energy providers, pipeline operators, wireless and wireline/fiber service providers, broadband operators, install-to-the-home service providers, and government entities. MasTec, Inc. was founded in 1929 and is headquartered in Coral Gables, Florida.
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Stocks & Indices
MasTec, Inc. has the following listings and related stock indices.
Stock: NYSE: MTZ wb_incandescent
Stock: FSX: MY8 wb_incandescent
Product & Services
Oil and natural gas pipelines, electricity generation, transmission and distribution, renewable energy, wireless and wireline communications, broadband
Key People
Founder(s): Jorge Mas Canosa
Jose Mas, CEO
Financials
Revenue: US$ 4.208 billion (2015)
Net income: US$ -79.11 million (2015)
Total assets: US$ 2.94 billion (2015)