Company: MTZ
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0000015615-25-000128
Chunk: 299

Company: MASTEC INC
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 5
Chunk 299
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%128.3 1.2 %149.7 1.7 %Provision for income taxes45.1 1.1 %31.5 1.0 %72.4 0.7 %39.8 0.4 %Depreciation71.8 1.8 %80.2 2.5 %218.0 2.1 %289.8 3.3 %Amortization of intangible assets32.7 0.8 %34.4 1.1 %98.0 0.9 %101.7 1.1 %EBITDA $361.6 9.1 %$298.6 9.2 %$785.7 7.6 %$695.6 7.8 %Non-cash stock-based compensation expense9.3 0.2 %7.3 0.2 %25.6 0.2 %24.0 0.3 %Loss on extinguishment of debt— — %— — %— — %11.3 0.1 %Changes in fair value of acquisition-related contingent items2.5 0.1 %4.6 0.1 %0.6 0.0 %3.6 0.0 %Adjusted EBITDA$373.5 9.4 %$310.5 9.5 %$811.9 7.8 %$734.7 8.3 %

A reconciliation of EBITDA and EBITDA margin to Adjusted EBITDA and Adjusted EBITDA margin by segment for the periods indicated is as follows:Three Months Ended September 30, Nine Months Ended September 30, 20252024 (a)20252024 (a)EBITDA$361.6 9.1 %$298.6 9.2 %$785.7 7.6 %$695.6 7.8 %Non-cash stock-based compensation expense (b)9.3 0.2 %7.3 0.2 %25.6 0.2 %24.0 0.3 %Loss on extinguishment of debt (b)— — %—