MTZ vs. HRI
MTZ (MasTec, Inc.) and HRI (Herc Holdings Inc.) are both stocks. Both are in the Industrials sector — MTZ in Engineering & Construction, HRI in Rental & Leasing Services. Over the past 10 years, MTZ returned 29.69%/yr vs 17.61%/yr for HRI. At a 0.49 correlation, their price movements are largely independent.
Performance
MTZ vs. HRI - Performance Comparison
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Returns By Period
In the year-to-date period, MTZ achieves a 51.63% return, which is significantly higher than HRI's 1.73% return. Over the past 10 years, MTZ has outperformed HRI with an annualized return of 29.69%, while HRI has yielded a comparatively lower 17.61% annualized return.
MTZ
- 1D
- -3.29%
- 1M
- -12.09%
- 6M
- 36.02%
- YTD
- 51.63%
- 1Y
- 86.66%
- 3Y*
- 41.71%
- 5Y*
- 27.15%
- 10Y*
- 29.69%
HRI
- 1D
- -2.40%
- 1M
- 3.02%
- 6M
- -4.44%
- YTD
- 1.73%
- 1Y
- 11.17%
- 3Y*
- 2.28%
- 5Y*
- 8.40%
- 10Y*
- 17.61%
MTZ vs. HRI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MTZ MasTec, Inc. | 51.63% | 59.67% | 79.79% | -11.26% | -7.53% | 35.35% | 6.27% | 58.19% | -17.14% | 27.97% |
HRI Herc Holdings Inc. | 1.73% | -20.09% | 29.38% | 15.53% | -14.43% | 136.37% | 35.70% | 88.30% | -58.49% | 55.90% |
Correlation
The correlation between MTZ and HRI is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 2016 | 0.49 |
The correlation between MTZ and HRI shifts across timeframes, from 0.32 (1 year) to 0.49 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
MTZ:
$26.04B
HRI:
$4.99B
MTZ:
$5.72
HRI:
-$0.15
MTZ:
1.70
HRI:
1.07
MTZ:
7.85
HRI:
2.62
MTZ:
$15.28B
HRI:
$4.65B
MTZ:
$1.85B
HRI:
$1.36B
MTZ:
$1.10B
HRI:
$1.12B
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Return for Risk
MTZ vs. HRI — Risk / Return Rank
MTZ
HRI
MTZ vs. HRI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MasTec, Inc. (MTZ) and Herc Holdings Inc. (HRI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MTZ | HRI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.82 | ||
| Sortino ratioReturn per unit of downside risk | +1.77 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.08 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 3.53 | 0.23 | +3.31 |
| Martin ratioReturn relative to average drawdown | 11.71 | 0.52 | +11.19 |
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Drawdowns
MTZ vs. HRI - Drawdown Comparison
The maximum MTZ drawdown since its inception was -97.72%, which is greater than HRI's maximum drawdown of -82.20%. Use the drawdown chart below to compare losses from any high point for MTZ and HRI.
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Drawdown Indicators
| MTZ | HRI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.72% | -82.20% | -15.52% |
Max Drawdown (1Y)Largest decline over 1 year | -24.67% | -49.50% | +24.83% |
Max Drawdown (3Y)Largest decline over 3 years | -61.01% | -60.90% | -0.11% |
Max Drawdown (5Y)Largest decline over 5 years | -61.01% | -60.90% | -0.11% |
Max Drawdown (10Y)Largest decline over 10 years | -67.92% | -82.20% | +14.28% |
Current DrawdownCurrent decline from peak | -24.67% | -35.48% | +10.81% |
Average DrawdownAverage peak-to-trough decline | -51.78% | -28.27% | -23.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.43% | 21.65% | -14.22% |
Volatility
MTZ vs. HRI - Volatility Comparison
MasTec, Inc. (MTZ) has a higher volatility of 19.07% compared to Herc Holdings Inc. (HRI) at 16.45%. This indicates that MTZ's price experiences larger fluctuations and is considered to be riskier than HRI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MTZ | HRI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.07% | 16.45% | +2.62% |
Volatility (6M)Calculated over the trailing 6-month period | 33.59% | 44.85% | -11.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.40% | 60.53% | -17.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.30% | 52.25% | -8.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.06% | 55.82% | -11.76% |
Dividends
MTZ vs. HRI - Dividend Comparison
MTZ has not paid dividends to shareholders, while HRI's dividend yield for the trailing twelve months is around 1.87%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
HRI Herc Holdings Inc. | 1.87% | 1.89% | 1.40% | 1.70% | 1.75% | 0.32% |
MTZ MasTec, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
MTZ vs. HRI - Financials Comparison
This section allows you to compare key financial metrics between MasTec, Inc. and Herc Holdings Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
MTZ vs. HRI - Profitability Comparison
MTZ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, MasTec, Inc. reported a gross profit of 477.90M and revenue of 3.83B. Therefore, the gross margin over that period was 12.5%.
HRI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Herc Holdings Inc. reported a gross profit of 326.00M and revenue of 1.14B. Therefore, the gross margin over that period was 28.6%.
MTZ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, MasTec, Inc. reported an operating income of 141.80M and revenue of 3.83B, resulting in an operating margin of 3.7%.
HRI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Herc Holdings Inc. reported an operating income of 175.00M and revenue of 1.14B, resulting in an operating margin of 15.4%.
MTZ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, MasTec, Inc. reported a net income of 60.84M and revenue of 3.83B, resulting in a net margin of 1.6%.
HRI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Herc Holdings Inc. reported a net income of -24.00M and revenue of 1.14B, resulting in a net margin of -2.1%.
Frequently Asked Questions
MTZ and HRI have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MTZ has higher volatility (19.07%) compared to HRI (16.45%). In terms of maximum drawdown, MTZ dropped -97.72% vs HRI's -82.20%.
MTZ currently has the higher Sharpe Ratio (2.01 vs 0.19), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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