MTZ Mastec PE ratio, current and historical analysis
The current PE ratio for Mastec stock as of Nov 21, 2024 is 124.61. This is calculated based on the TTM EPS of $1.14 and the stock price of $142.06 per share.
MTZ PE ratio history
The average historical PE ratio of Mastec for the last ten years is 105.93. The current P/E ratio of 124.61 is 18% higher than the historical average. Looking back at the last ten years, MTZ's PE ratio peaked in the Sep 2016 quarter at 1,487, when the price was $29.74 and the EPS was $0.02. The lowest point was in the Mar 2020 quarter, when it reached 6.39 with a price of $32.73 and an EPS of $5.12.
Mastec PE ratio by year
Maximum annual increase: 832.71% in 2022
Maximum annual decrease: -51.38% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | N/A | N/A |
| 2022 | 189.62 | 832.71% |
| 2021 | 20.33 | 32.1% |
| 2020 | 15.39 | 25.22% |
| 2019 | 12.29 | 0% |
| 2018 | 12.29 | 7.71% |
| 2017 | 11.41 | -51.38% |
| 2016 | 23.47 | N/A |
| 2015 | N/A | N/A |
| 2014 | 15.59 | -12.81% |
MTZ average PE ratio chart
Currently, MTZ's PE ratio is higher than its 5 and 10-year averages, but it is lower than its 3-year average.
MTZ PE vs peers
In comparison to its peer FLR, MTZ's PE ratio is lower, but it is higher than PWR's and DY's. Mastec's current PE ratio of 124.61 is higher than the average of its peers, which is 43.77.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DY Dycom Industries Inc | 22.46 | $5.33B |
| PRIM Primoris Services Corp | 27.12 | $4.47B |
| PWR Quanta Services Inc | 61.48 | $50.19B |
| MYRG Myr Group Inc | 64.01 | $2.38B |
| MTZ Mastec Inc | 124.61 | $11.26B |
| FLR Fluor Corp | 390.86 | $9.39B |
Frequently asked questions
What is Mastec's PE ratio?
The price to earnings ratio for MTZ stock as of Nov 21, 2024, stands at 124.61.
What is the 3-year average PE ratio for Mastec (MTZ)?
The 3-year average price to earnings ratio for MTZ stock is 212.74.
What is the 5-year average PE ratio for Mastec (MTZ)?
The 5-year average price to earnings ratio for MTZ stock is 106.72.
What is the highest PE ratio for MTZ?
The highest quarterly PE ratio in the last ten years has been 1,487 and it was in the Sep 2016 quarter.
How does the current PE ratio for MTZ compare to its historical average?
The current PE ratio of MTZ is 18% higher than the 10-year historical average.
Why is Mastec's PE ratio so high?
MTZ's stock price is trading at a higher multiple of earnings, which is why its PE ratio of 124.61 is considered high.
How is MTZ's PE ratio calculated (Mastec PE ratio formula)?
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Mastec's share price is $142.06. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.14. Therefore, Mastec's PE ratio for today is 124.61. PE RATIO(124.61) = STOCK PRICE($142.06) / TTM EPS($1.14)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.