MasTec, Inc. Common Stock (MTZ)

Competitors to MasTec, Inc. Common Stock (MTZ)

Asplundh Tree Expert, LLC

Asplundh Tree Expert, LLC specializes in vegetation management and utility line clearing, which places it in competition with MasTec especially in the utility sector where vegetation management is essential for maintaining service reliability. While Asplundh's niche focus allows it to excel in line clearance and tree management services, MasTec's more diversified service offerings across construction, telecommunications, and environmental sectors provide it with a broader competitive advantage. Thus, while both compete for contracts in the utility sector, MasTec's expansive capabilities allow it to undertake larger, more complex projects, giving it an edge.

EMCOR Group, Inc. 

EMCOR Group, Inc. operates in similar sectors as MasTec, focusing on mechanical and electrical construction and facilities services. The two companies compete primarily in the commercial and industrial construction markets. EMCOR has a strong standing due to its extensive history and reputation for quality, often attracting large contracts in the mechanical and electrical sectors. While both companies have competencies in various sectors, EMCOR's established client base and relationship with governmental agencies provide them with certain advantages in terms of reliability and trustworthiness, placing them slightly ahead in competitive contexts.

Quanta Services, Inc. 

Quanta Services, Inc. competes with MasTec in the utilities and communications sector, offering a wide range of infrastructure services including installation and maintenance for electrical, telecommunications, and renewable energy projects. Both companies have established themselves as leaders in providing construction and engineering services; however, Quanta has a broader geographic footprint and a more diverse service offering in renewable energy. This extensive portfolio and established relationships with utility companies often give Quanta a competitive edge in large-scale projects, especially in rapidly growing energy markets.

Sterling Construction Company, Inc. 

Sterling Construction Company, Inc. competes with MasTec by engaging in heavy civil construction and infrastructure services, but primarily focuses on the southwest region of the United States. The competition arises mainly in government contracts for infrastructure projects. While both companies employ similar strategies in bidding for federal and state projects, Sterling’s focus on a narrower geographical area offers a more regional expertise which it leverages to win local contracts. This regional advantage may create a challenge for MasTec when competing for localized projects, but MasTec generally tends to have a broader operational reach and larger scale, giving it an overall competitive advantage.