Company: MTZ
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0000015615-25-000128
Chunk: 4

Company: MASTEC INC
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 4
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30, 202499,030,346 $9,903 (19,813,055)$(659,913)$1,284,611 $2,233,841 $(58,776)$2,809,666 $19,046 $2,828,712 

The accompanying notes are an integral part of these consolidated financial statements.

6

MASTEC, INC.

CONSOLIDATED STATEMENTS OF EQUITY

(unaudited - in thousands, except shares)

Common StockTreasury StockCapital SurplusRetained EarningsAccumulated Other Comprehensive LossTotal MasTec, Inc. Shareholders’ EquityNon-Controlling InterestsTotal Equity   SharesAmountSharesAmountNine Months Ended September 30, 2025Balance as of December 31, 202499,029,011 $9,903 (19,719,796)$(656,807)$1,291,027 $2,308,581 $(40,847)$2,911,857 $75,486 $2,987,343 Net income256,329 256,329 12,629 268,958 Other comprehensive income (loss)210 210 (2,986)(2,776)Non-cash stock-based compensation25,628 25,628 25,628 Issuance of restricted shares, net336,872 33 (33)— — Shares withheld for taxes, net of other stock issuances(38,778)(4)(4,297)(4,301)(4,301)Acquisition of treasury stock, at cost(702,533)(77,326)(77,326)(77,326)Distributions to non-controlling interests, net— (18,193)(18,193)Balance as of September 30, 202599,327,105 $9,932 (20,422,329)$(734,133)$1,312,325 $2,564,910 $(40,637)$3,112,397 $66,936 $3,179,333 Nine Months Ended September 30, 2024Balance as of December 31, 202399,093,134 $9,909 (19,813,055)$(659,913)$1,263,360 $2,145,793 $(52,997)$2,706,152 $15,