Company: MTZ
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000015615-25-000021
Chunk: 1329

Company: MASTEC INC
Filing Date: 2025-02-28
Form: 10-K
Item: Item 1A
Chunk 1329
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 to prior period, forecasted results and the annual plan.  Segment EBITDA is calculated in a manner consistent with consolidated EBITDA.

89

Summarized financial information for MasTec’s reportable segments is presented and reconciled to consolidated financial information for total MasTec in the following tables, including a reconciliation of consolidated income before income taxes to EBITDA, all of which are presented in millions.  The tables below, which may contain slight summation differences due to rounding, reflect certain financial data for each reportable segment.For the Years Ended December 31,Communications (a)Clean Energy and InfrastructurePower DeliveryPipeline InfrastructureOtherEliminationsTotal Reportable Segments2024:Revenue (b)$3,460.0 $4,092.1 $2,682.1 $2,133.6 $— $(64.3)$12,303.5 Costs of revenue, excluding depreciation and amortization3,033.4 3,639.8 2,357.0 1,689.7 — (64.2)10,655.7 Other segment items (c)92.9 195.3 137.4 54.5 (26.2)(0.1)453.7 EBITDA$333.7 $257.0 $187.7 $389.4 $26.2 $— $1,194.1 2023:Revenue (b)$3,259.5 $3,962.0 $2,735.1 $2,072.8 $— $(33.5)$11,995.9 Costs of revenue, excluding depreciation and amortization2,872.6 3,616.9 2,402.4 1,731.5 1.1 (32.7)10,591.8 Other segment items (c)117.7 212.7 124.9 56.9 (26.1)(0.8)485.3 EBITDA$269.2 $132.4 $207.8 $284.4 $25.0 $— $918.8 2022:Revenue (b)$3,233.7 $2,618.6 $2,725.2 $1,219.6 $—