>
Switch to:

MasTec ROE %

: 14.23% (As of Jun. 2021)
View and export this data going back to 1972. Start your Free Trial

ROE % is calculated as Net Income attributable to Common Stockholders (Net Income minus dividends to participating security holders) divided by its average Total Stockholders Equity over a certain period of time. MasTec's annualized net income attributable to common stockholders for the quarter that ended in Jun. 2021 was $302 Mil. MasTec's average Total Stockholders Equity over the quarter that ended in Jun. 2021 was $2,122 Mil. Therefore, MasTec's annualized ROE % for the quarter that ended in Jun. 2021 was 14.23%.

The historical rank and industry rank for MasTec's ROE % or its related term are showing as below:

NYSE:MTZ' s ROE % Range Over the Past 10 Years
Min: -7.59   Med: 14.77   Max: 27.48
Current: 18.79

-7.59
27.48

During the past 13 years, MasTec's highest ROE % was 27.48%. The lowest was -7.59%. And the median was 14.77%.

NYSE:MTZ's ROE % is ranked lower than
80% of the 69 Companies
in the Construction industry.

( Industry Median: 10.11 vs. NYSE:MTZ: 18.79 )

MasTec ROE % Historical Data

The historical data trend for MasTec's ROE % 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 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.89 27.48 18.41 24.70 17.04

MasTec Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
ROE % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.29 25.74 23.35 12.85 14.23

Competitive Comparison

For the Engineering & Construction subindustry, MasTec's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

MasTec ROE % Distribution

For the Construction industry and Industrials sector, MasTec's ROE % distribution charts can be found below:

* The bar in red indicates where MasTec's ROE % falls into.



MasTec ROE % Calculation

MasTec's annualized ROE % for the fiscal year that ended in Dec. 2020 is calculated as

ROE %=Net Income attributable to Common Stockholders (A: Dec. 2020 )/( (Total Stockholders Equity (A: Dec. 2019 )+Total Stockholders Equity (A: Dec. 2020 ))/ count )
=322.848/( (1787.22+2001.922)/ 2 )
=322.848/1894.571
=17.04 %

MasTec's annualized ROE % for the quarter that ended in Jun. 2021 is calculated as

ROE %=Net Income attributable to Common Stockholders (Q: Jun. 2021 )/( (Total Stockholders Equity (Q: Mar. 2021 )+Total Stockholders Equity (Q: Jun. 2021 ))/ count )
=301.804/( (2084.909+2158.362)/ 2 )
=301.804/2121.6355
=14.23 %

* 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.

In the calculation of annual ROE %, the net income attributable to common stockholders of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income attributable to common stockholders data used here is four times the quarterly (Jun. 2021) net income attributable to common stockholders data. ROE % is displayed in the 30-year financial page.


MasTec  (NYSE:MTZ) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %**(Q: Jun. 2021 )
=Net Income/Total Stockholders Equity
=301.804/2121.6355
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(301.804 / 7850.632)*(7850.632 / 5719.9655)*(5719.9655 / 2121.6355)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.84 %*1.3725*2.696
=ROA %*Equity Multiplier
=5.27 %*2.696
=14.23 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %**(Q: Jun. 2021 )
=Net Income/Total Stockholders Equity
=301.804/2121.6355
=(Net Income /Pre-Tax Income) * (Pre-Tax Income/Operating Income) * (Operating Income/Revenue) * (Revenue/Total Assets) * (Total Assets/Total Stockholders Equity)
= (301.804 / 411.308) * (411.308 / 380.168) * (380.168 / 7850.632) * (7850.632 / 5719.9655) * (5719.9655 / 2121.6355)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7338 * 1.0819 * 4.84 % * 1.3725 * 2.696
=14.23 %

Note: The net income attributable to common stockholders data used here is four times the quarterly (Jun. 2021) net income attributable to common stockholders data. The Revenue data used here is four times the quarterly (Jun. 2021) revenue data. The same rule applies to Pre-Tax Income and Operating Income.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.


Be Aware

Net income attributable to common stockholders is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


MasTec ROE % Related Terms

Thank you for viewing the detailed overview of MasTec's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


MasTec Business Description

MasTec logo
Industry
Industrials » Construction NAICS : 237130 SIC : 1623
Traded in Other Exchanges
Address
800 S. Douglas Road, 12th Floor, Coral Gables, FL, USA, 33134
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, Electrical Transmission, Clean Energy and Infrastructure, and Other. 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.
Executives
De Cardenas Alberto officer: EVP, General Counsel 800 S DOUGLAS ROAD 12TH FLOOR CORAL GABLES X1 33134
Johnson Julia L director NETCOMMUNICATIONS LLC 614 GRAND HIGHWAY CLAREMONT FL 34711
Csiszar Ernst N director 2600 S RIVER ROAD DES PLAINES IL 60018
Dwyer Robert J director 880 SOUTH OCEAN BOULEVARD PALM BEACH FL 33480
Sorzano Jose S director AUSTIN GROUP INC 5305 LEE HIGHWAY NORTH ARLINGTON VA 22207
Palomarez Javier Alberto director 3405 PINNEY POINT DRIVE FLOWER MOUND TX 75022
Campbell C Robert director 800 DOUGLAS ROAD 12TH FLOOR CORAL GABLES FL 33134
Mas Jose Ramon director, officer: CEO 800 DOUGLAS ROAD, 12TH FLOOR CORAL GABLES FL 33134
Mas Jorge director 800 DOUGLAS ROAD 12TH FLOOR CORAL GABLES FL 33134
Pita George officer: CFO 3000 NW 107TH AVENUE MIAMI FL 33172
Apple Robert E officer: COO 800 S DOUGLAS ROAD 12TH FLOOR CORAL GABLES FL 33134
Heuvelen John Van director 363 HIGH STREET DENVER CO 80218
Jaumot Frank E director 190 SE 19TH AVENUE POMPANO BEACH FL 33060
Restrepo Daniel A director C/O MASTEC, INC. 800 S. DOUGLAS RD., 12TH FLOOR CORAL GABLES FL 33134
Harris Ray officer: President 800 DOUGLAS ROAD 12TH FLOOR - MASTEC CORAL GABLES FL 33134

MasTec Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)