HighGravityDataMasTec — Jul 31, 2025 release
Fiscal 2025 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000015615-25-000080
Showing in the filing
Diluted EPS midpoint
“$4.71”
Period
FY2025
Measure
GAAP-tied
Source
Prose
All guidance in this release · 16
Diluted EPS midpoint for FY2025
“$4.71”
Adjusted Diluted EPS midpoint for FY2025
“$6.33”
Revenue for Q3 FY2025
“$ 3,900”
Revenue for FY2025
“$13,900 - 14,000”
GAAP net income for Q3 FY2025
“$ 156”
GAAP net income for FY2025
“$388 - 408”
Adjusted net income for Q3 FY2025
“$ 189”
Adjusted EBITDA for Q3 FY2025
“$ 370”
Adjusted EBITDA margin for FY2025
“8.1 - 8.3%”
GAAP diluted earnings per share for Q3 FY2025
“$ 1.87”
Adjusted diluted earnings per share for Q3 FY2025
“$ 2.28”
Adjusted EBITDA for FY2025
“$1,130 - 1,160”
Adjusted net income for FY2025
“$515 - 535”
GAAP diluted earnings per share for FY2025
“$4.61 - 4.82”
Adjusted diluted earnings per share for FY2025
“$6.23 - 6.44”
Adjusted EBITDA margin for Q3 FY2025
“9.5%”
Exhibit 99.1 · the passage around this item
… earlier in the release
Douglas Road, 12 th Floor Chris Mecray, Vice President - Investor Relations Coral Gables, Florida 33134 305-507-7304 Tel: 305-599-1800 chris.mecray@mastec.com www.mastec.com MasTec Reports Second Quarter 2025 Results and Updates 2025 Financial Guidance Second Quarter 2025 Highlights • Revenue of $3.5 billion increased 20% year-over-year, a quarterly record; strong 25% combined growth contribution from non-pipeline segments; 6% decrease from Pipeline Infrastructure due to large contract close-out last year • 18-month backlog as of June 30, 2025 of $16.5 billion increased 23% year-over-year and 4% versus the prior quarter; significant second quarter new awards in Clean Energy and Infrastructure led to a record backlog level • Diluted EPS of $1.09 and Adjusted Diluted EPS of $1.49, above guidance expectations and increased 153% and 49% year-over-year, respectively • GAAP Net Income of $90.1 million, above expectations by $2.1 million, and Adjusted EBITDA of $274.8 million, in line with expectations • Guidance raised for FY 2025; Diluted EPS guidance midpoint increased to $4.71, a ~6% increase from prior guidance midpoint and a 129% year-over-year increase; Adjusted Diluted EPS guidance midpoint increased to $6.33, a ~4% increase from prior guidance midpoint and a 60% year-over-year increase Coral Gables, FL, July 31, 2025 — MasTec, Inc. (NYSE: MTZ) today announced second quarter 2025 financial results and updated full year 2025 financial guidance. "We are pleased that second quarter financial performance exceeded guidance with respect to both revenue and earnings growth as MasTec continues to take advantage of an exceptionally strong demand climate and execute cleanly against this opportunity," said Jose Mas, MasTec's Chief Executive Officer. "Our reported 20% revenue growth underscores the climate we are in with strong demand across all of our market segments. While we recorded some costs associated with investments to support this growth, we are also pleased to meet or exceed guidance for Net Income, Adjusted EBITDA and EPS, while also recording ongoing sequential growth in our 18-month backlog from project volume growth despite significant increases in burn rates." Mr. Mas added, "Our strong quarterly performance is a testament to the daily efforts o
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other guidance in this release
Text is the filed exhibit, verbatim.