MasTec, Inc.
Cash Flow Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $34.0M | $-41.2M | $753.0K | $14.3M | $15.5M | $-80.5M | $3.2M | $48.9M |
| Depreciation & Amortization | $135.8M | $141.1M | $151.6M | $157.3M | $145.1M | $149.2M | $162.3M | $119.3M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $33.6M | $33.7M | $42.9M | $42.3M | $42.1M | $41.9M | $54.7M | $27.9M |
| Stock-Based Compensation | $7.0M | $9.7M | $9.0M | $7.2M | $8.6M | $8.5M | $8.6M | $5.7M |
| Net Cash from Operating Activities | $264.4M | $107.8M | $490.7M | $294.5M | $-11.5M | $-86.4M | $233.6M | $117.1M |
| Investing Activities | ||||||||
| Capital Expenditures | $31.5M | $25.4M | $35.6M | $38.3M | $55.7M | $63.3M | $50.0M | $23.5M |
| Business Acquisitions | $0 | $61.0K | $571.0K | $4.9M | $17.4M | $46.5M | $563.9M | $26.9M |
| Net Cash from Investing Activities | $-11.4M | $-13.0M | $-6.4M | $-30.2M | $-52.0M | $-89.5M | $-579.5M | $-21.7M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing Activities | $-204.3M | $-374.8M | $-169.4M | $-169.4M | $41.3M | $-53.4M | $620.4M | $-136.5M |
| Net Change in Cash | $48.3M | $-280.2M | $315.4M | $94.3M | $-21.7M | $-229.0M | $274.9M | $-43.3M |
| Free Cash Flow | $232.9M | $82.3M | $455.1M | $256.2M | $-67.3M | $-149.7M | $183.6M | $93.7M |