Mastec annual debt-to-equity ratio
2010
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2025
Mastec Debt-to-Equity Ratio Growth & History (MTZ)
Mastec's debt-to-equity ratio was 0.86 for fiscal 2025.
View full Mastec company overviewMastec annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.86 | −0.04 | −4.97% |
| 2024 | 2024-12-31 | 0.90 | −0.39 | −30.04% |
| 2023 | 2023-12-31 | 1.29 | 0.01 | +0.61% |
| 2022 | 2022-12-31 | 1.28 | 0.38 | +42.66% |
| 2021 | 2021-12-31 | 0.90 | 0.15 | +20.79% |
| 2020 | 2020-12-31 | 0.75 | −0.19 | −20.19% |
| 2019 | 2019-12-31 | 0.93 | −0.08 | −7.77% |
| 2018 | 2018-12-31 | 1.01 | 0.06 | +5.82% |
| 2017 | 2017-12-31 | 0.96 | 0.02 | +2.23% |
| 2016 | 2016-12-31 | 0.94 | −0.14 | −12.98% |
| 2015 | 2015-12-31 | 1.08 | 0.08 | +8.37% |
| 2014 | 2014-12-31 | 0.99 | 0.19 | +23.43% |
| 2013 | 2013-12-31 | 0.80 | 0.11 | +15.05% |
| 2012 | 2012-12-31 | 0.70 | 0.09 | +14.54% |
| 2011 | 2011-12-31 | 0.61 | 0.01 | +1.07% |
| 2010 | 2010-12-31 | 0.60 | — | — |
Mastec quarterly debt-to-equity ratio
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Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.93 | 0.02 | +2.68% |
| Q1 2026 | 2026-03-31 | 0.91 | 0.00 | +0.02% |
| Q4 2025 | 2025-12-31 | 0.86 | −0.04 | −4.97% |
| Q3 2025 | 2025-09-30 | 0.89 | −0.08 | −8.54% |
| Q2 2025 | 2025-06-30 | 0.91 | −0.20 | −17.76% |
| Q1 2025 | 2025-03-31 | 0.91 | −0.27 | −22.63% |
| Q4 2024 | 2024-12-31 | 0.90 | −0.39 | −30.04% |
| Q3 2024 | 2024-09-30 | 0.97 | −0.36 | −27.28% |
| Q2 2024 | 2024-06-30 | 1.10 | −0.27 | −19.72% |
| Q1 2024 | 2024-03-31 | 1.18 | −0.14 | −10.81% |
| Q4 2023 | 2023-12-31 | 1.29 | 0.01 | +0.61% |
| Q3 2023 | 2023-09-30 | 1.34 | 0.36 | +37.24% |
| Q2 2023 | 2023-06-30 | 1.37 | 0.35 | +34.34% |
| Q1 2023 | 2023-03-31 | 1.32 | 0.45 | +50.98% |
| Q4 2022 | 2022-12-31 | 1.28 | 0.38 | +42.66% |
| Q3 2022 | 2022-09-30 | 0.97 | 0.22 | +28.98% |
| Q2 2022 | 2022-06-30 | 1.02 | 0.18 | +21.72% |
| Q1 2022 | 2022-03-31 | 0.88 | 0.15 | +21.41% |
| Q4 2021 | 2021-12-31 | 0.90 | 0.15 | +20.79% |
| Q3 2021 | 2021-09-30 | 0.76 | −0.05 | −5.83% |
| Q2 2021 | 2021-06-30 | 0.84 | 0.01 | +0.85% |
| Q1 2021 | 2021-03-31 | 0.72 | −0.25 | −25.98% |
| Q4 2020 | 2020-12-31 | 0.75 | −0.19 | −20.19% |
| Q3 2020 | 2020-09-30 | 0.80 | −0.13 | −13.80% |
| Q2 2020 | 2020-06-30 | 0.83 | −0.20 | −19.66% |
| Q1 2020 | 2020-03-31 | 0.97 | −0.32 | −24.83% |
| Q4 2019 | 2019-12-31 | 0.93 | −0.08 | −7.77% |
| Q3 2019 | 2019-09-30 | 0.93 | −0.26 | −21.86% |
| Q2 2019 | 2019-06-30 | 1.04 | −0.10 | −8.51% |
| Q1 2019 | 2019-03-31 | 1.30 | 0.25 | +24.35% |
| Q4 2018 | 2018-12-31 | 1.01 | 0.06 | +5.82% |
| Q3 2018 | 2018-09-30 | 1.19 | 0.20 | +20.69% |
| Q2 2018 | 2018-06-30 | 1.13 | −0.00 | −0.06% |
| Q1 2018 | 2018-03-31 | 1.04 | 0.21 | +24.56% |
| Q4 2017 | 2017-12-31 | 0.96 | 0.02 | +2.23% |
| Q3 2017 | 2017-09-30 | 0.99 | −0.00 | −0.50% |
| Q2 2017 | 2017-06-30 | 1.13 | 0.01 | +1.31% |
| Q1 2017 | 2017-03-31 | 0.84 | −0.25 | −23.21% |
| Q4 2016 | 2016-12-31 | 0.94 | −0.14 | −12.98% |
| Q3 2016 | 2016-09-30 | 0.99 | −0.16 | −14.01% |
| Q2 2016 | 2016-06-30 | 1.12 | −0.07 | −5.84% |
| Q1 2016 | 2016-03-31 | 1.09 | −0.03 | −2.70% |
| Q4 2015 | 2015-12-31 | 1.08 | 0.08 | +8.37% |
| Q3 2015 | 2015-09-30 | 1.15 | 0.12 | +11.94% |
| Q2 2015 | 2015-06-30 | 1.19 | 0.11 | +10.51% |
| Q1 2015 | 2015-03-31 | 1.12 | 0.25 | +28.77% |
| Q4 2014 | 2014-12-31 | 0.99 | 0.19 | +23.43% |
| Q3 2014 | 2014-09-30 | 1.03 | 0.18 | +20.52% |
| Q2 2014 | 2014-06-30 | 1.07 | 0.14 | +14.90% |
| Q1 2014 | 2014-03-31 | 0.87 | 0.04 | +4.30% |
| Q4 2013 | 2013-12-31 | 0.80 | 0.11 | +15.05% |
| Q3 2013 | 2013-09-30 | 0.86 | 0.30 | +54.04% |
| Q2 2013 | 2013-06-30 | 0.94 | 0.31 | +49.64% |
| Q1 2013 | 2013-03-31 | 0.83 | 0.32 | +61.99% |
| Q4 2012 | 2012-12-31 | 0.70 | 0.09 | +14.54% |
| Q3 2012 | 2012-09-30 | 0.56 | 0.06 | +13.02% |
| Q2 2012 | 2012-06-30 | 0.63 | 0.15 | +31.22% |
| Q1 2012 | 2012-03-31 | 0.51 | — | — |
| Q4 2011 | 2011-12-31 | 0.61 | 0.01 | +1.07% |
| Q3 2011 | 2011-09-30 | 0.49 | — | — |
| Q2 2011 | 2011-06-30 | 0.48 | — | — |
| Q4 2010 | 2010-12-31 | 0.60 | — | — |
Mastec debt-to-equity ratio trends
Over the last five fiscal years, Mastec's debt-to-equity ratio increased from 0.75 to 0.86, a change of 0.11. The latest reported quarter, Q2 2026, shows 0.93.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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