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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Total
Total MasTec, Inc. Shareholders’ Equity
Common Stock
Treasury Stock
Capital Surplus
Retained Earnings
Accumulated Other Comprehensive Loss
Non-Controlling Interests
Beginning balance, common shares outstanding (in shares) at Dec. 31, 2022     98,615,105          
Beginning balance at Dec. 31, 2022 $ 2,741,187 $ 2,737,329 $ 9,862 $ (663,910) $ 1,246,590 $ 2,195,742 $ (50,955) $ 3,858
Beginning balance, treasury shares (in shares) at Dec. 31, 2022       (19,933,055)        
Consolidated Statements of Equity                
Net income (loss) (47,296) (49,949)       (49,949)   2,653
Other comprehensive income (loss) (2,042) (2,042)         (2,042)  
Non-cash stock-based compensation 33,335 33,335     33,335      
Issuance of restricted shares, net (in shares)     592,553          
Issuance of restricted shares, net 0 0 $ 59   (59)      
Shares withheld for taxes, net of other stock issuances (in shares)     (118,636)          
Shares withheld for taxes, net of other stock issuances (5,448) (5,448) $ (12)   (5,436)      
Issuance of shares in connection with acquisition (in shares)     4,112          
Issuance of shares in connection with acquisition 403 403     403      
Distributions to non-controlling interests, net (2,818)             (2,818)
Purchase of non-controlling interests (in shares)       120,000        
Purchase of non-controlling interests (10,000) (7,476)   $ 3,997 (11,473)     (2,524)
Sale of minority interest in subsidary / Consideration transferred in a foreign subsidary 7,112             7,112
Non-controlling interests assumed related to acquisitions 6,828             6,828
Ending balance, common shares outstanding (in shares) at Dec. 31, 2023     99,093,134          
Ending balance at Dec. 31, 2023 2,721,261 2,706,152 $ 9,909 $ (659,913) 1,263,360 2,145,793 (52,997) 15,109
Ending balance, treasury shares (in shares) at Dec. 31, 2023       (19,813,055)        
Consolidated Statements of Equity                
Net income (loss) 199,421 162,788       162,788   36,633
Other comprehensive income (loss) (2,600) (2,600)         (2,600)  
Non-cash stock-based compensation 32,672 32,672     32,672      
Forfeiture of restricted shares, net (in shares)     (30,672)          
Forfeiture of restricted shares, net 0 0 $ (3)   3      
Shares withheld for taxes, net of other stock issuances (in shares)     (33,451)          
Shares withheld for taxes, net of other stock issuances (2,946) (2,946) $ (3)   (2,943)      
Issuance of shares in connection with acquisition (in shares)       93,259        
Issuance of shares in connection with acquisition 13,199 13,199   $ 3,106 10,093      
Distributions to non-controlling interests, net (32,943)             (32,943)
Sale of minority interest in subsidary / Consideration transferred in a foreign subsidary 20,092 2,592     (12,158)   14,750 17,500
Non-controlling interests assumed related to acquisitions $ 39,187             39,187
Ending balance, common shares outstanding (in shares) at Dec. 31, 2024 99,029,011   99,029,011          
Ending balance at Dec. 31, 2024 $ 2,987,343 2,911,857 $ 9,903 $ (656,807) 1,291,027 2,308,581 (40,847) 75,486
Ending balance, treasury shares (in shares) at Dec. 31, 2024 (19,719,796)     (19,719,796)        
Consolidated Statements of Equity                
Net income (loss) $ 422,014 399,042       399,042   22,972
Other comprehensive income (loss) (1,903) (3,186)         (3,186) 1,283
Non-cash stock-based compensation 34,002 34,002     34,002      
Issuance of restricted shares, net (in shares)     333,408          
Issuance of restricted shares, net 0   $ 33   (33)      
Shares withheld for taxes, net of other stock issuances (in shares)     (42,503)          
Shares withheld for taxes, net of other stock issuances (5,080) (5,080) $ (4)   (5,076)      
Distributions to non-controlling interests, net $ (24,529)             (24,529)
Acquisition of treasury stock, at cost (in shares) (702,533)     (702,533)        
Acquisition of treasury stock, at cost $ (77,326) (77,326)   $ (77,326)        
Ending balance, common shares outstanding (in shares) at Dec. 31, 2025 99,319,916   99,319,916          
Ending balance at Dec. 31, 2025 $ 3,334,521 $ 3,259,309 $ 9,932 $ (734,133) $ 1,319,920 $ 2,707,623 $ (44,033) $ 75,212
Ending balance, treasury shares (in shares) at Dec. 31, 2025 (20,422,329)     (20,422,329)