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MasTec — May 1, 2025 release

Fiscal 2025 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001193125-25-110270
Open on SEC.gov ↗
Showing in the filing
GAAP diluted earnings per share
“$4.28 - 4.63”
Period
FY2025
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 17
Adjusted Diluted EPS increase for FY2025
“increased ~9% from prior midpoint of guidance”
Repurchase program
“$250 million”
Share repurchase authorization
“$250 million”
Revenue for Q2 FY2025
“$3,400”
Revenue for FY2025
“$13,650”
GAAP net income for Q2 FY2025
“$81 - 88”
Adjusted net income for Q2 FY2025
“$113 - 120”
Adjusted EBITDA for Q2 FY2025
“$270 - 280”
Adjusted EBITDA margin for Q2 FY2025
“7.9 - 8.2%”
Adjusted EBITDA margin for FY2025
“8.2 - 8.5%”
GAAP diluted earnings per share for Q2 FY2025
“$0.95 - 1.05”
Adjusted diluted earnings per share for Q2 FY2025
“$1.36 - 1.46”
GAAP net income for FY2025
“$366 - 397”
Adjusted EBITDA for FY2025
“$1,120 - 1,160”
Adjusted net income for FY2025
“$493 - 524”
GAAP diluted earnings per share for FY2025
“$4.28 - 4.63”
Adjusted diluted earnings per share for FY2025
“$5.90 - 6.25”
Exhibit 99.1 · the passage around this item
… earlier in the release
   $ 464 - 492     $ 311.7     $ 141.4                              Adjusted Diluted Earnings per Share Reconciliation    Guidance for the Year Ended December 31, 2025 Est.     For the Year Ended December 31, 2024     For the Year Ended December 31, 2023   Diluted earnings (loss) per share    $ 4.28 - 4.63     $ 2.06     $ (0.64 )  Adjustments:        Non-cash stock-based compensation expense      0.44       0.41       0.43   Amortization of intangible assets      1.66       1.77       2.16   Loss on extinguishment of debt      —        0.14       —    Changes in fair value of acquisition-related contingent items      (0.00 )      0.14       (0.18 )  Acquisition and integration costs      —        —        0.92   Losses on fair value of investment      —        —        0.00                            Total adjustments, pre-tax    $ 2.10     $ 2.47     $ 3.33   Income tax effect of adjustments (a)      (0.49 )      (0.57 )      (0.94 )  Statutory and other tax rate effects (b)      —        (0.01 )      0.06                            Adjusted diluted earnings per share    $ 5.90 - 6.25     $ 3.95     $ 1
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.