MasTec (FRA:MY8) Construction In Progress

: €42 Mil (As of Mar. 2023)

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MasTec's quarterly construction in progress declined from Sep. 2022 (€81 Mil) to Dec. 2022 (€64 Mil) and declined from Dec. 2022 (€64 Mil) to Mar. 2023 (€42 Mil).

MasTec's annual construction in progress increased from Dec. 2020 (€21 Mil) to Dec. 2021 (€29 Mil) and increased from Dec. 2021 (€29 Mil) to Dec. 2022 (€64 Mil).

MasTec Construction In Progress Historical Data

The historical data trend for MasTec's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MasTec Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Construction In Progress

17.67

23.49

21.45

28.94

63.63

MasTec Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Construction In Progress																54.57	70.38	80.70	63.63	42.03

MasTec Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

MasTec (FRA:MY8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » MasTec Inc (FRA:MY8) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

MTZ:USA

Address

800 S. Douglas Road, 12th Floor, Coral Gables, FL, USA, 33134

Website

https://www.mastec.com

MasTec Inc is a leading infrastructure construction company operating primarily throughout North America. Its principal activities include engineering, building, installation, maintenance, and upgrades of communications, energy, and utility infrastructure. The company installs wireless, wireline, and satellite communications; oil and gas pipeline infrastructure; conventional and renewable power generation; and other industrial systems. MasTec has five operating segments: Communications, Oil and Gas, Power Delivery, Clean Energy and Infrastructure, and Others. The majority of its revenue is derived from the Communications segments. The company markets services individually and in combination with other companies to provide a wide range of solutions for customers.

MasTec (FRA:MY8) Headlines

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