Company: MTZ
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000015615-25-000079
Chunk: 292

Company: MASTEC INC
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 5
Chunk 292
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 non-U.S. GAAP measures, as described below, following the comparison of results discussion.  Historical financial information for our reportable segments has been recast to conform with the changes described in Note 11 – 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 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