Company: MTZ
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0000015615-25-000128
Chunk: 292

Company: MASTEC INC
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 5
Chunk 292
---
 the comparison of results discussion.  Historical financial information for our reportable segments has been recast to conform with the changes described in Note 10 – Segments and Related Information in the notes to the consolidated financial statements, which is incorporated by reference.  The following tables, which may contain slight summation differences due to rounding, present revenue, EBITDA and EBITDA margin by segment for the periods indicated (dollar amounts in millions).

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

RevenueEBITDA and EBITDA MarginThree Months EndedSeptember 30, ChangeThree Months EndedSeptember 30, ChangeSegment:20252024 (a)$%20252024 (a)$%Communications$914.6 $688.0 $226.6 32.9 %$103.0 11.3 %$74.9 10.9 %$28.1 37.6 %Clean Energy and Infrastructure1,364.1 1,138.4 225.7 19.8 %115.4 8.5 %85.0 7.5 %30.5 35.8 %Power Delivery1,110.7 950.6 160.1 16.8 %104.3 9.4 %86.2 9.1 %18.1 21.0 %Pipeline Infrastructure597.8 497.8 99.9 20.1 %92.0 15.4 %103.1 20.7 %(11.1)(10.8)%Other— — — — %7.1 NM7.4 NM(0.3)(4.3)%Eliminations(20.3)(22.4)2.2 (10.0)%— — — — — — %Segment Total$3,966.9 $3,252.4 $714.5 22.0 %$421.8 10.6 %$356.6 11.0 %$65.2 18.3 %Corporate— — — — (60.2)— (58.0)— (2.2)3.8 %Consolidated Total$3,966.9 $