Debt-to-EBITDA measures a company's ability to pay off its debt.
MasTec's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $268 Mil. MasTec's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $3,246 Mil. MasTec's annualized EBITDA for the quarter that ended in Dec. 2022 was $900 Mil.
MasTec's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2022 was 3.91.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for MasTec's Debt-to-EBITDA or its related term are showing as below:
MTZ'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.91 Med: 2.26 Max: 6.74
Current: 5.31
During the past 13 years, the highest Debt-to-EBITDA Ratio of MasTec was 6.74. The lowest was 1.91. And the median was 2.26.
MTZ's Debt-to-EBITDA is ranked worse than 72.59% of 1215
companies
in the Construction industry
Industry Median: 2.68
vs MTZ: 5.31
MasTec Debt-to-EBITDA Historical Data
The historical data trend for MasTec's Debt-to-EBITDA 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
Debt-to-EBITDA
2.13
2.03
1.91
2.52
5.31
MasTec Quarterly Data
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Debt-to-EBITDA
2.70
6.98
4.16
3.00
3.91
Competitive Comparison
For the Engineering & Construction subindustry, MasTec's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA Distribution
For the Construction industry and Industrials sector, MasTec's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where MasTec's Debt-to-EBITDA falls in comparison to its industry or sector. The grey bar indicates the Debt-to-EBITDA's extreme value range as defined by GuruFocus.
MasTec Debt-to-EBITDA Calculation
Debt-to-EBITDA measures a company's ability to pay off its debt.
MasTec's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as
* 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 Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Dec. 2022) EBITDA data.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
MasTec Debt-to-EBITDA Related Terms
Thank you for viewing the detailed overview of MasTec's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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