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Side-by-side financial comparison of MASTEC INC (MTZ) and Construction Partners, Inc. (ROAD), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.
MASTEC INC is the larger business by last-quarter revenue ($3.9B vs $809.5M, roughly 4.9× Construction Partners, Inc.). MASTEC INC runs the higher net margin — 3.6% vs 2.1%, a 1.5% gap on every dollar of revenue. On growth, Construction Partners, Inc. posted the faster year-over-year revenue change (44.1% vs 15.8%). MASTEC INC produced more free cash flow last quarter ($292.5M vs $47.1M). Over the past eight quarters, Construction Partners, Inc.'s revenue compounded faster (47.6% CAGR vs 21.1%).
Mastec, Inc. is an American infrastructure engineering and construction company based in Coral Gables, Florida. The company provides engineering, building, installation, maintenance and upgrade of energy, utility and communications infrastructure. Its customers are primarily in the utility, communications and government industries.
Alexander Construction Company was a Palm Springs, California, residential development company that built over 2,200 houses in the Coachella Valley of Riverside County, California, between 1955 and 1965.
MTZ vs ROAD — Head-to-Head
Income Statement — Q4 2025 vs Q1 2026
| Metric | | |
|---|---|---|
| Revenue | $3.9B | $809.5M |
| Net Profit | $142.7M | $17.2M |
| Gross Margin | — | 15.0% |
| Operating Margin | 4.4% | 6.2% |
| Net Margin | 3.6% | 2.1% |
| Revenue YoY | 15.8% | 44.1% |
| Net Profit YoY | 90.9% | 663.9% |
| EPS (diluted) | $1.81 | $0.31 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align — see 8-quarter trend below.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.
| Q4 25 | $3.9B | $809.5M | ||
| Q3 25 | $4.0B | $899.8M | ||
| Q2 25 | $3.5B | $779.3M | ||
| Q1 25 | $2.8B | $571.6M | ||
| Q4 24 | $3.4B | $561.6M | ||
| Q3 24 | $3.3B | $538.2M | ||
| Q2 24 | $3.0B | $517.8M | ||
| Q1 24 | $2.7B | $371.4M |
| Q4 25 | $142.7M | $17.2M | ||
| Q3 25 | $160.7M | $56.6M | ||
| Q2 25 | $85.8M | $44.0M | ||
| Q1 25 | $9.9M | $4.2M | ||
| Q4 24 | $74.7M | $-3.1M | ||
| Q3 24 | $95.2M | $29.3M | ||
| Q2 24 | $34.0M | $30.9M | ||
| Q1 24 | $-41.2M | $-1.1M |
| Q4 25 | — | 15.0% | ||
| Q3 25 | — | 17.7% | ||
| Q2 25 | — | 16.9% | ||
| Q1 25 | — | 12.5% | ||
| Q4 24 | — | 13.6% | ||
| Q3 24 | — | 15.6% | ||
| Q2 24 | — | 16.1% | ||
| Q1 24 | — | 10.4% |
| Q4 25 | 4.4% | 6.2% | ||
| Q3 25 | 5.3% | 11.2% | ||
| Q2 25 | 3.4% | 10.6% | ||
| Q1 25 | 0.3% | 4.8% | ||
| Q4 24 | 2.8% | 2.5% | ||
| Q3 24 | 4.2% | 8.5% | ||
| Q2 24 | 2.1% | 8.8% | ||
| Q1 24 | -1.7% | 0.8% |
| Q4 25 | 3.6% | 2.1% | ||
| Q3 25 | 4.0% | 6.3% | ||
| Q2 25 | 2.4% | 5.7% | ||
| Q1 25 | 0.3% | 0.7% | ||
| Q4 24 | 2.2% | -0.5% | ||
| Q3 24 | 2.9% | 5.4% | ||
| Q2 24 | 1.1% | 6.0% | ||
| Q1 24 | -1.5% | -0.3% |
| Q4 25 | $1.81 | $0.31 | ||
| Q3 25 | $2.04 | $1.03 | ||
| Q2 25 | $1.09 | $0.79 | ||
| Q1 25 | $0.13 | $0.08 | ||
| Q4 24 | $0.95 | $-0.06 | ||
| Q3 24 | $1.21 | $0.55 | ||
| Q2 24 | $0.43 | $0.59 | ||
| Q1 24 | $-0.53 | $-0.02 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest filing — the kind of financial-strength check premium terminals charge for.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $396.0M | $104.1M |
| Total DebtLower is stronger | $2.2B | — |
| Stockholders' EquityBook value | $3.3B | $969.1M |
| Total Assets | $9.9B | $3.4B |
| Debt / EquityLower = less leverage | 0.67× | — |
8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.
| Q4 25 | $396.0M | $104.1M | ||
| Q3 25 | $231.4M | $156.1M | ||
| Q2 25 | $191.1M | $114.3M | ||
| Q1 25 | $345.7M | $101.9M | ||
| Q4 24 | $399.9M | $132.5M | ||
| Q3 24 | $181.2M | $74.7M | ||
| Q2 24 | $297.6M | $56.3M | ||
| Q1 24 | $249.3M | $48.0M |
| Q4 25 | $2.2B | — | ||
| Q3 25 | $2.2B | $1.6B | ||
| Q2 25 | $2.1B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.1B | $515.0M | ||
| Q2 24 | $2.4B | — | ||
| Q1 24 | $2.5B | — |
| Q4 25 | $3.3B | $969.1M | ||
| Q3 25 | $3.1B | $912.0M | ||
| Q2 25 | $2.9B | $853.3M | ||
| Q1 25 | $2.9B | $807.9M | ||
| Q4 24 | $2.9B | $811.1M | ||
| Q3 24 | $2.8B | $573.7M | ||
| Q2 24 | $2.7B | $552.9M | ||
| Q1 24 | $2.7B | $525.0M |
| Q4 25 | $9.9B | $3.4B | ||
| Q3 25 | $9.7B | $3.2B | ||
| Q2 25 | $9.1B | $2.9B | ||
| Q1 25 | $8.9B | $2.8B | ||
| Q4 24 | $9.0B | $2.6B | ||
| Q3 24 | $8.8B | $1.5B | ||
| Q2 24 | $8.7B | $1.4B | ||
| Q1 24 | $8.7B | $1.3B |
| Q4 25 | 0.67× | — | ||
| Q3 25 | 0.71× | 1.78× | ||
| Q2 25 | 0.71× | — | ||
| Q1 25 | 0.71× | — | ||
| Q4 24 | 0.70× | — | ||
| Q3 24 | 0.76× | 0.90× | ||
| Q2 24 | 0.87× | — | ||
| Q1 24 | 0.95× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Net income can be massaged; cash flow is harder to fake.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $372.7M | $82.6M |
| Free Cash FlowOCF − Capex | $292.5M | $47.1M |
| FCF MarginFCF / Revenue | 7.4% | 5.8% |
| Capex IntensityCapex / Revenue; lower = less reinvestment burden | 2.0% | 4.4% |
| Cash ConversionOCF / Net Profit; >1× = earnings back up with cash | 2.61× | 4.80× |
| TTM Free Cash FlowTrailing 4 quarters | $285.7M | $186.6M |
8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.
| Q4 25 | $372.7M | $82.6M | ||
| Q3 25 | $89.0M | $112.0M | ||
| Q2 25 | $5.6M | $83.0M | ||
| Q1 25 | $78.4M | $55.6M | ||
| Q4 24 | $471.7M | $40.7M | ||
| Q3 24 | $277.7M | $95.9M | ||
| Q2 24 | $264.4M | $34.6M | ||
| Q1 24 | $107.8M | $18.2M |
| Q4 25 | $292.5M | $47.1M | ||
| Q3 25 | $20.3M | $78.9M | ||
| Q2 25 | $-58.2M | $46.4M | ||
| Q1 25 | $31.1M | $14.2M | ||
| Q4 24 | $423.4M | $13.8M | ||
| Q3 24 | $234.1M | $78.4M | ||
| Q2 24 | $232.9M | $19.7M | ||
| Q1 24 | $82.3M | $-10.6M |
| Q4 25 | 7.4% | 5.8% | ||
| Q3 25 | 0.5% | 8.8% | ||
| Q2 25 | -1.6% | 5.9% | ||
| Q1 25 | 1.1% | 2.5% | ||
| Q4 24 | 12.4% | 2.5% | ||
| Q3 24 | 7.2% | 14.6% | ||
| Q2 24 | 7.9% | 3.8% | ||
| Q1 24 | 3.1% | -2.8% |
| Q4 25 | 2.0% | 4.4% | ||
| Q3 25 | 1.7% | 3.7% | ||
| Q2 25 | 1.8% | 4.7% | ||
| Q1 25 | 1.7% | 7.2% | ||
| Q4 24 | 1.4% | 4.8% | ||
| Q3 24 | 1.3% | 3.3% | ||
| Q2 24 | 1.1% | 2.9% | ||
| Q1 24 | 0.9% | 7.7% |
| Q4 25 | 2.61× | 4.80× | ||
| Q3 25 | 0.55× | 1.98× | ||
| Q2 25 | 0.07× | 1.88× | ||
| Q1 25 | 7.91× | 13.20× | ||
| Q4 24 | 6.31× | — | ||
| Q3 24 | 2.92× | 3.27× | ||
| Q2 24 | 7.78× | 1.12× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.
Revenue Breakdown by Segment
MTZ
| Clean Energy And Infrastructure | $1.3B | 33% |
| Power Delivery | $1.1B | 28% |
| Communications | $906.7M | 23% |
| Pipeline Infrastructure | $643.8M | 16% |
ROAD
Segment breakdown not available.
