Company: MTZ
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0000015615-25-000128
Chunk: 380

Company: MASTEC INC
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 7
Chunk 380
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 Pipeline Infrastructure25.7 27.9 76.6 102.2 Other— — — — Corporate2.3 2.7 6.6 7.6 Consolidated depreciation and amortization$104.6 $114.6 $316.0 $391.4 (a)    Recast to reflect first quarter of 2025 segment changes.Assets:September 30, 2025December 31, 2024 (a)Communications$1,926.6 $1,673.8 Clean Energy and Infrastructure2,712.7 2,706.4 Power Delivery2,705.0 2,489.9 Pipeline Infrastructure1,811.1 1,599.7 Other316.8 318.2 Corporate221.3 187.3 Consolidated assets$9,693.5 $8,975.3 (a)    Recast to reflect first quarter of 2025 segment changes.Three Months EndedSeptember 30, Nine Months EndedSeptember 30, Capital Expenditures:20252024 (a)20252024 (a)Communications$3.9 $3.2 $20.1 $11.9 Clean Energy and Infrastructure7.7 7.4 27.0 20.3 Power Delivery15.5 23.5 56.4 41.6 Pipeline Infrastructure27.6 8.0 59.2 22.4 Other— — — — Corporate14.0 1.5 17.1 4.3 Consolidated capital expenditures$68.7 $43.6 $179.8 $100.5 (a)    Recast to reflect first quarter of 2025 segment changes.Foreign Operations.  MasTec operates primarily within the United States and Canada, and, to a far lesser extent, in the Caribbean, India and Mexico.  Revenue derived from foreign operations totaled $39.0 million and $20.0 million for the three months ended September 30, 2025 and 2024, respectively, and totaled $132.7 million and $70.9 million for the nine months ended September 30, 2025 and 2024, respectively.  Revenue from foreign operations was derived primarily from the Company’s Canadian