Oct 29, 4:49 PM ET
MasTec reported record third quarter 2026 revenue of $5.2 billion and Adjusted EBITDA of $486.4 million, driven by strong growth in its Power Delivery segment. The company updated its full-year 2026 financial guidance, reflecting project timing shifts and customer spending deferrals in its Communications segment. Total 18-month backlog reached a record $24.5 billion, supported by recent acquisitions and utility infrastructure demand.
- Third quarter 2026 revenue reached a record $5.2 billion, up 30% year-over-year.
- GAAP net income for the third quarter was $167.7 million, with diluted EPS of $1.89 and adjusted diluted EPS of $2.96.
- Full year 2026 diluted EPS guidance was updated to a range of $5.69 to $6.01, and adjusted diluted EPS guidance to a range of $8.92 to $9.30.
- Record 18-month backlog stood at $24.5 billion as of September 30, 2026, an increase of $7.8 billion year-over-year.
Read the filing on SEC.gov ↗
Aug 17, 4:24 PM ET
MasTec, Inc. completed a public offering of $650.0 million in 5.850% senior unsecured notes due September 30, 2036, issued August 17, 2026 under an existing 2009 indenture. The notes add $650.0 million of long-term debt, rank equally with the company's other senior unsecured debt, and are not guaranteed by subsidiaries.
- Principal amount: $650.0 million of 5.850% senior unsecured notes due 2036
- Interest payable March 30 and September 30 each year, starting March 30, 2027
- Notes are not guaranteed by subsidiaries and are structurally subordinated to their obligations, including trade payables
- Company may redeem the notes in whole or in part at prices set in the indenture
Read the filing on SEC.gov ↗
Aug 10, 4:32 PM ET
On August 6, 2026, MasTec agreed to sell $650 million of 5.850% senior unsecured notes due September 30, 2036, priced at 99.656%. The company intends to use the net proceeds to repay some or all of its $600 million term loan maturing June 26, 2028, with closing expected on August 17, 2026, subject to customary conditions.
- $650 million aggregate principal of 5.850% senior notes due September 30, 2036, priced at 99.656%
- Interest payable semi-annually; closing expected August 17, 2026, subject to customary conditions
- Net proceeds intended to repay some or all of a $600 million term loan maturing June 26, 2028, plus fees and expenses
- Representatives of the underwriters are PNC Capital Markets LLC, Truist Securities, Inc. and Wells Fargo Securities, LLC
Read the filing on SEC.gov ↗
Jul 30, 4:28 PM ET
MasTec reported second quarter 2026 revenue of $4.4 billion, up 23% year over year, with GAAP diluted EPS of $1.65 and adjusted diluted EPS of $2.22, up 51% and 49%. The company raised its full-year 2026 adjusted diluted EPS guidance to $9.30 and set GAAP diluted EPS guidance at $6.20, which matters to shareholders because it signals higher expected profit for the year.
- Q2 2026 revenue of $4.37 billion, up 23.4% year over year; GAAP net income of $146 million, up 61.7%
- Full-year 2026 adjusted diluted EPS guidance raised to $9.30; GAAP diluted EPS guidance of $6.20; third-quarter revenue estimate of $4.93 billion
- 18-month backlog of $21.4 billion at June 30, 2026, up $4.9 billion year over year and $1.1 billion from the prior quarter
- Board appointed Alexander Benjamin Spiro as a Class III director effective July 24, 2026, expanding the board from nine to ten members
Read the filing on SEC.gov ↗
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