MasTec Fixed Asset Turnover from 2010 to 2024

MTZ Stock  USD 137.80  0.38  0.28%   
MasTec Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover is likely to outpace its year average in 2024. During the period from 2010 to 2024, MasTec Fixed Asset Turnover regression line of annual values had r-squared of  0.36 and arithmetic mean of  7.54. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
5.79472569
Current Value
6.69
Quarterly Volatility
2.12984257
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MasTec financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MasTec's main balance sheet or income statement drivers, such as Depreciation And Amortization of 633.3 M, Interest Expense of 246.1 M or Total Revenue of 12.6 B, as well as many indicators such as Price To Sales Ratio of 0.75, Dividend Yield of 0.0064 or PTB Ratio of 2.78. MasTec financial statements analysis is a perfect complement when working with MasTec Valuation or Volatility modules.
  
Check out the analysis of MasTec Correlation against competitors.

Latest MasTec's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of MasTec Inc over the last few years. It is MasTec's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MasTec's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

MasTec Fixed Asset Turnover Regression Statistics

Arithmetic Mean7.54
Geometric Mean7.26
Coefficient Of Variation28.24
Mean Deviation1.80
Median7.44
Standard Deviation2.13
Sample Variance4.54
Range6.6
R-Value(0.60)
Mean Square Error3.12
R-Squared0.36
Significance0.02
Slope(0.29)
Total Sum of Squares63.51

MasTec Fixed Asset Turnover History

2024 6.69
2023 5.79
2022 4.81
2021 4.69
2020 5.45
2019 6.32
2018 9.24

About MasTec Financial Statements

MasTec investors use historical fundamental indicators, such as MasTec's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in MasTec. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 5.79  6.69 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for MasTec Stock Analysis

When running MasTec's price analysis, check to measure MasTec's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MasTec is operating at the current time. Most of MasTec's value examination focuses on studying past and present price action to predict the probability of MasTec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MasTec's price. Additionally, you may evaluate how the addition of MasTec to your portfolios can decrease your overall portfolio volatility.