MasTec Historical Income Statement
MTZ Stock | USD 142.15 0.09 0.06% |
Historical analysis of MasTec income statement accounts such as Gross Profit of 826.2 M can show how well MasTec Inc performed in making a profits. Evaluating MasTec income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of MasTec's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining MasTec Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether MasTec Inc is a good buy for the upcoming year.
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About MasTec Income Statement Analysis
MasTec Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to MasTec shareholders. The income statement also shows MasTec investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
MasTec Income Statement Chart
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Total Revenue
Total revenue comprises all receipts MasTec Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of MasTec Inc minus its cost of goods sold. It is profit before MasTec operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of MasTec Inc. It is also known as MasTec overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in MasTec Inc financial statement analysis. It represents the amount of money remaining after all of MasTec Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from MasTec's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into MasTec Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MasTec Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, MasTec's Depreciation And Amortization is fairly stable compared to the past year. Interest Expense is likely to rise to about 246.1 M in 2024, whereas Operating Income is likely to drop slightly above 147.9 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.1B | 1.2B | 786.8M | 826.2M | Total Revenue | 8.0B | 9.8B | 12.0B | 12.6B |
MasTec income statement Correlations
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MasTec income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 235.5M | 297.8M | 422.8M | 507.1M | 603.2M | 633.3M | |
Interest Expense | 77.0M | 59.6M | 53.4M | 112.3M | 234.4M | 246.1M | |
Total Revenue | 7.2B | 6.3B | 8.0B | 9.8B | 12.0B | 12.6B | |
Gross Profit | 1.1B | 1.1B | 1.1B | 1.2B | 786.8M | 826.2M | |
Other Operating Expenses | 6.6B | 5.9B | 7.5B | 9.7B | 11.8B | 12.4B | |
Operating Income | 591.3M | 490.4M | 483.5M | 155.3M | 152.0M | 147.9M | |
Ebit | 591.3M | 730.6B | 483.5M | 155.3M | 80.1M | 76.1M | |
Ebitda | 826.8M | 730.9B | 906.3M | 662.5M | 683.3M | 649.1M | |
Cost Of Revenue | 6.1B | 5.3B | 6.8B | 8.6B | 11.2B | 11.8B | |
Total Operating Expenses | 535.0M | 616.9M | 729.8M | 1.1B | 634.8M | 666.5M | |
Income Before Tax | 510.9M | 425.2M | 430.1M | 43.1M | (82.7M) | (78.6M) | |
Total Other Income Expense Net | (80.3M) | (324.0M) | (409.0M) | (163.4M) | (234.7M) | (223.0M) | |
Net Income | 392.3M | 322.8M | 328.8M | 33.4M | (49.9M) | (47.5M) | |
Income Tax Expense | 116.8M | 102.5M | 99.3M | 9.2M | (35.4M) | (33.6M) | |
Selling General Administrative | 299.5M | 319.2M | 307.0M | 559.4M | 698.9M | 733.8M | |
Net Income Applicable To Common Shares | 392.3M | 322.8M | 328.8M | 33.4M | 38.4M | 36.4M | |
Minority Interest | 1.8M | (149K) | (1.9M) | (534K) | (2.4M) | (2.2M) | |
Net Income From Continuing Ops | 394.1M | 322.7M | 330.7M | 33.9M | (45.1M) | (42.9M) | |
Non Operating Income Net Other | 13.3M | 51.6M | 67.2M | 30.2M | 34.7M | 24.8M | |
Tax Provision | 116.8M | 102.5M | 99.3M | 9.2M | (25.0M) | (23.7M) | |
Interest Income | 49.7M | 29.9M | 26.6M | 83.4M | 95.9M | 52.7M | |
Net Interest Income | (77.0M) | (59.6M) | (53.4M) | (112.3M) | (224.6M) | (213.4M) | |
Reconciled Depreciation | 235.5M | 297.8M | 422.8M | 507.1M | 614.0M | 389.4M |
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When running MasTec's price analysis, check to measure MasTec's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MasTec is operating at the current time. Most of MasTec's value examination focuses on studying past and present price action to predict the probability of MasTec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MasTec's price. Additionally, you may evaluate how the addition of MasTec to your portfolios can decrease your overall portfolio volatility.