• +353-1-415-1241(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
MasTec Inc. May 11 Product Image

MasTec Inc. May 11

  • Published: May 2011
  • Standard & Poors

FEATURED COMPANIES

Abstract
High percentage of revenue from master service agreements; and Long relationships with customers. High customer concentration; and Cyclicality in telecom and utilities industries. Standard and Poor's Ratings Services' ratings on Coral Gables, Fl.-based MasTec Inc. reflect our expectation that the company's revenues will continue growing through 2011, because of acquisitions and strength in some end markets, including wireless and natural gas. We also expect MasTec to maintain its 10% operating margin, which could result in total debt to EBITDA of less than 2x. Our ratings on MasTec also reflect its significant financial risk profile and its weak business risk profile, characterized by exposure to the cyclicality of the company's primary end markets (the telecom and utilities industries) and significant customer...

Companies mentioned in this report are: MasTec Inc.
Action: Review

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings READ MORE >

MasTec Inc.

Format Properties
Electronic The report will be emailed to you.
Note: Product cover images may vary from those shown
More

RELATED PRODUCTS