MASTEC INC — Form 8-K
Filed July 30, 2026 · analyzed by the 8-K Agent
8-K
▲ Likely positive
significance 72/100
What the filing says
MasTec closed the acquisition of The Superior Group (≈3,000 employees, full-service electrical contractor) on July 24, 2026. Q2 2026 revenue was $4.374B (+23% YoY), diluted EPS $1.65 (+51% YoY), adjusted EBITDA $384M (+40% YoY), and 18-month backlog reached record $21.4B (+$4.9B YoY, +30%). FY2026 guidance raised: diluted EPS to $6.20 (+22% YoY), adjusted diluted EPS to $9.30 (+42% YoY); no acquisition price disclosed in this filing.
Why this rating
Material acquisition in data-center electrical services with strong Q2 results and raised guidance. Superior adds ~3,000 employees (~2% of workforce scale). Backlog growth of $4.9B year-over-year on $10.3B market cap shows momentum, though acquisition terms unstated.
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