Mastec Net Worth (Updated 2025).
Mastec, a prominent name in the technology industry, was founded in 1987 by Jose E. Fernandez. Fernandez, a Cuban immigrant, started his career as an electrical engineer, working tirelessly to gain experience and build a reputation in the field. He began Mastec as a small, local electrical contracting company, focusing on residential and commercial projects.
As the company grew, Mastec expanded its services to include network services, data center solutions, and cloud computing, among others. This strategic growth allowed Mastec to become a leading provider of integrated technology services and solutions. Today, Mastec is renowned for its innovative approach to technology, serving a diverse range of clients from Fortune 1000 companies to small businesses.
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Mastec’s Current Net Worth (2025)
As of 2025, Mastec’s current net worth is approximately $14.5 billion, according to the latest available information.
Career
Mastec, founded in 1987, is a leading provider of infrastructure services in North America. The company specializes in communications, utility, and other infrastructure services. With over 35 years of experience, Mastec has grown significantly, employing around 35,000 people across the United States and Canada.
Other Ventures
Mastec has expanded its portfolio to include various other ventures, such as Mastec Network Solutions, which provides fiber optic and wireless network services. Additionally, the company’s subsidiary, Mastec Utility Services, offers services like electric, gas, and water utility infrastructure construction and maintenance.
Assets
Mastec’s assets are primarily tied to its infrastructure services business. As of 2021, the company’s total assets were valued at around $11.3 billion. This includes assets like vehicles, equipment, and property, plant, and equipment used in its operations. The company also holds significant cash and cash equivalents, totaling approximately $1.5 billion.
Annual Income
Mastec’s annual revenue has seen steady growth over the years. In 2021, the company reported total revenue of $11.9 billion, a 12% increase from the previous year. This growth can be attributed to the company’s diversified service offerings and strong demand for infrastructure services in North America.
Frequently Asked Questions about Mastec
**Frequently Asked Questions: Mastec Net Worth**
1. What is Mastec’s net worth?
Mastec’s net worth is estimated to be around $14 billion.
2. How does Mastec generate its revenue?
Mastec generates revenue through its various business segments, including communications, enterprise services, and energy services. These segments provide a range of services such as network construction, infrastructure services, and technology solutions to customers in the communications, enterprise, and energy sectors.
3. Who is the CEO of Mastec?
The current CEO of Mastec is Jose E. Mas.
4. When was Mastec founded?
Mastec was founded in 1994.
5. Where is Mastec headquartered?
Mastec is headquartered in Coral Gables, Florida.
6. How many employees does Mastec have?
As of 2021, Mastec employed approximately 14,000 people.
7. What is Mastec’s stock symbol?
Mastec’s stock symbol is ‘MTZ’ and it is listed on the New York Stock Exchange (NYSE).
8. What are some of Mastec’s major clients?
Mastec serves a diverse range of clients, including major telecommunications companies, Fortune 1000 enterprises, and leading energy providers. However, the company does not disclose its individual clients due to confidentiality agreements.
9. What is Mastec’s approach to sustainability and environmental responsibility?
Mastec is committed to sustainability and has implemented various initiatives to reduce its environmental impact. These include using renewable energy sources, reducing waste, and promoting sustainable practices among its employees and supply chain.
10. What are some of the awards and recognitions Mastec has received?
Mastec has been recognized for its performance and contributions in various ways. Some of these include being named to Fortune’s “World’s Most Admired Companies” list, being recognized as a top employer by various organizations, and receiving awards for its safety and environmental practices.
