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Moody's Ratings affirms MasTec's Baa3 rating, revises outlook to stabl...

Moody's Ratings (Moody's) affirmed MasTec, Inc.'s ("MasTec") Baa3 senior unsecured ratings, and changed the outlook to stable from negative. Governance considerations, specifically related to financial policy and risk management, were a key driver of the rating action. RATINGS RATIONALE The re...

MasTec, Inc. - September 2024 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

MasTec, Inc.: Update to credit considerations

Our credit view of this issuer reflects its strong market position and flexible cost structure, constrained by its low EBITDA margins and highly cyclical end markets.

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of MasTec, Inc. and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 9 October 2024 in which we reassessed the appropriateness of the ratings in the context of the...

MasTec, Inc. - June 2024 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

MasTec, Inc. - March 2024 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Moody's Ratings assigns Baa3 rating to MasTec's new notes

Moody's Ratings (Moody's) assigned a Baa3 rating to MasTec, Inc.'s (MasTec) new senior unsecured notes. The company's Baa3 senior unsecured rating and negative outlook are unchanged. RATINGS RATIONALE While the issuance of the proposed notes allows the company to refinance its near-term maturiti...

MasTec, Inc.: Update following outlook change to negative

Our credit view of this issuer reflects its strong market position, constrained by its low EBITDA margins and highly cyclical end markets.

Moody's affirms MasTec's Baa3 ratings; changes outlook to negative

Moody's Investors Service (Moody's) affirmed MasTec, Inc.'s (MasTec) Baa3 senior unsecured ratings, and changed the outlook to negative from stable. ESG was a key driver of the rating action, specifically governance, relating to the integration and substandard operating performance following the c...

MasTec, Inc. - September 2023 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

MasTec, Inc. - June 2023 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

MasTec, Inc.: Update to credit considerations

Our credit view of this issuer reflects its strong market position, flexible cost structure and robust underlying growth drivers, constrained by its elevated leverage and low EBITDA margins.

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