Company: MTZ
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000015615-25-000079
Chunk: 232

Company: MASTEC INC
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 4
Chunk 232
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BITDA and EBITDA margin by segment for the periods indicated (dollar amounts in millions).

Three Months Ended June 30, 2025 Compared to Three Months Ended June 30, 2024

RevenueEBITDA and EBITDA MarginThree Months EndedJune 30, ChangeThree Months EndedJune 30, ChangeSegment:20252024 (a)$%20252024 (a)$%Communications$836.9 $591.1 $245.8 41.6 %$82.6 9.9 %$53.1 9.0 %$29.5 55.5 %Clean Energy and Infrastructure1,131.4 942.3 189.1 20.1 %83.3 7.4 %47.4 5.0 %35.9 75.7 %Power Delivery1,045.6 868.4 177.2 20.4 %91.3 8.7 %80.1 9.2 %11.2 14.0 %Pipeline Infrastructure539.7 572.4 (32.7)(5.7)%62.1 11.5 %135.1 23.6 %(73.0)(54.0)%Other— — — — 7.2 NM2.8 NM4.4 155.0 %Eliminations(8.9)(13.1)4.3 (32.9)%— — — — — — Segment Total$3,544.7 $2,961.1 $583.6 19.7 %$326.5 9.2 %$318.6 10.8 %$7.9 2.5 %Corporate— — — — (59.3)— (69.2)— 9.8 (14.2)%Consolidated Total$3,544.7 $2,961.1 $583.6 19.7 %$267.3 7.5 %$249.4 8.4 %$17.8 7.1 %

NM - Percentage is not meaningful

(a)    Recast to reflect first quarter of 2025 segment changes.  See Note 11