MATRIX SERVICE CO financials
Source: EDGAR filings · Built 2026-06-02T03:36:49Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 109.79M | 65.58M | 1.24M | -57.54M | -7.33M | 25.55M |
| EBITDA | -25.06M | -19.09M | -39.19M | -72.60M | -25.89M | -17.50M |
| Working Capital | -16.60M | 36.48M | 74.72M | 109.63M | 137.82M | 159.21M |
| Net Debt | -203.21M | -92.72M | -19.49M | -11.75M | -57.36M | -63.26M |
| Gross Margin | 5.16% | 5.56% | 3.88% | -0.17% | 4.87% | 9.28% |
| Operating Margin | -4.56% | -4.14% | -6.65% | -12.41% | -6.50% | -3.33% |
| Net Margin | -3.83% | -3.43% | -6.59% | -9.03% | -4.64% | -3.00% |
| Return on Equity (ROE) | -20.64% | -15.21% | -28.85% | -28.06% | -10.94% | -10.74% |
| Return on Assets (ROA) | -4.91% | -5.53% | -13.07% | -14.50% | -6.68% | -6.39% |
| Current Ratio | 0.96× | 1.14× | 1.40× | 1.62× | 1.90× | 1.90× |
| Debt-to-Equity | 0.15× | 0.14× | 0.19× | 0.18× | 0.09× | 0.12× |
| Effective Tax Rate | -1.60% | 0.14% | 0.76% | -9.64% | 27.83% | 9.74% |
| Cash Conversion Ratio | -3.99× | -2.91× | -0.20× | 0.85× | 0.10× | -1.33× |
| Accruals Ratio | -0.24× | -0.22× | -0.16× | -0.02× | -0.06× | -0.15× |
| SBC % of Revenue | 1.16% | 1.06% | 0.85% | 1.11% | 1.21% | 0.90% |
| CapEx Coverage | 15.29× | 10.38× | 1.14× | -16.20× | -0.68× | 2.38× |
| Free Cash Flow Per Share | $3.95 | $2.40 | $0.05 | $-2.15 | $-0.28 | $0.96 |
Valuation Metrics
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenues | 769.29M | 728.21M | 795.02M | 707.78M | 673.40M | 1.10B |
| Cost of Goods and Services Sold | 729.61M | 687.74M | 764.20M | 708.99M | 640.63M | 998.76M |
| Gross Profit | 39.68M | 40.47M | 30.82M | -1.21M | 32.77M | 102.18M |
| Selling, General and Administrative Expense | 71.17M | 70.08M | 68.25M | 67.69M | 69.76M | 86.28M |
| Operating Income (Loss) | -35.07M | -30.11M | -52.89M | -87.85M | -43.75M | -36.63M |
| Income Tax Expense (Benefit) | 464.00K | -36.00K | -400.00K | 5.62M | -12.04M | -3.57M |
| Net Income (Loss) Attributable to Parent | -29.46M | -24.98M | -52.36M | -63.90M | -31.22M | -33.07M |
| Earnings Per Share, Basic | $-1.06 | $-0.91 | $-1.94 | $-2.39 | $-1.18 | $-1.24 |
| Weighted Average Number of Shares Outstanding, Basic | 27.77M | 27.38M | 26.99M | 26.73M | 26.45M | 26.62M |
| Earnings Per Share, Diluted | $-1.06 | $-0.91 | $-1.94 | $-2.39 | $-1.18 | $-1.24 |
| Weighted Average Number of Shares Outstanding, Diluted | 27.77M | 27.38M | 26.99M | 26.73M | 26.45M | 26.62M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 224.64M | 115.61M | 54.81M | 52.37M | 83.88M | 100.04M |
| Assets, Current | 419.77M | 301.59M | 262.26M | 287.41M | 291.22M | 335.16M |
| Assets | 600.26M | 451.35M | 400.50M | 440.79M | 467.56M | 517.31M |
| Liabilities, Current | 436.38M | 265.12M | 187.53M | 177.78M | 153.40M | 175.95M |
| Liabilities | 457.54M | 287.17M | 219.02M | 213.09M | 182.02M | 209.42M |
| Common Stock, Shares, Outstanding | 27.61M | 27.31M | 27.05M | — | — | — |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 117.47M | 72.57M | 10.25M | -54.20M | -2.97M | 44.09M |
| Payments to Acquire Property, Plant, and Equipment | 7.68M | 6.99M | 9.01M | 3.35M | 4.35M | 18.54M |
| Net Cash Provided by (Used in) Investing Activities | -7.45M | -945.00K | -2.54M | 35.67M | -2.26M | -17.12M |
| Payments for Repurchase of Common Stock | — | — | — | 0 | 0 | 17.05M |
| Net Cash Provided by (Used in) Financing Activities | -1.04M | -10.37M | -5.06M | 12.70M | -12.32M | -16.04M |
Derived Metrics
| Concept | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 11.61M | -21.63M | -27.91M | 38.45M | 71.34M | 42.66M |
| EBITDA | 963.00K | 53.00K | -3.04M | -10.43M | -2.49M | -3.88M |
| Working Capital | -48.16M | -45.13M | -33.04M | -16.60M | 1.58M | 2.82M |
| Net Debt | -214.33M | -179.57M | -171.95M | -203.21M | -164.07M | -134.80M |
| Gross Margin | 8.30% | 6.24% | 6.69% | 3.75% | 6.42% | 5.82% |
| Operating Margin | -0.51% | -1.04% | -2.60% | -5.97% | -2.50% | -3.42% |
| Net Margin | 0.40% | -0.42% | -1.73% | -5.21% | -1.72% | -2.96% |
| Return on Equity (ROE) | 0.60% | -0.65% | -2.69% | -7.90% | -2.28% | -3.64% |
| Return on Assets (ROA) | 0.14% | -0.14% | -0.61% | -1.88% | -0.56% | -1.08% |
| Current Ratio | 0.90× | 0.91× | 0.93× | 0.96× | 1.00× | 1.01× |
| Debt-to-Equity | 0.13× | 0.14× | 0.15× | 0.15× | 0.14× | 0.14× |
| Effective Tax Rate | — | — | — | -4.14% | 0.00% | -0.29% |
| Cash Conversion Ratio | 18.82× | 20.63× | 7.07× | -3.61× | -22.35× | -8.23× |
| Accruals Ratio | -0.02× | 0.03× | 0.04× | -0.09× | -0.13× | -0.10× |
| SBC % of Revenue | 2.65% | 1.93% | 0.91% | 0.99% | 3.37% | 2.44% |
| CapEx Coverage | 3.83× | -5.79× | -12.88× | 18.01× | 14.15× | 15.92× |
| Free Cash Flow Per Share | $0.41 | $-0.76 | $-1.00 | $1.38 | $2.56 | $1.53 |
Valuation Metrics
Income Statement
| Concept | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Revenues | 206.71M | 210.51M | 211.88M | 216.38M | 200.16M | 187.17M |
| Cost of Goods and Services Sold | 189.56M | 197.37M | 197.70M | 208.25M | 187.31M | 176.28M |
| Cost of Revenue | — | — | — | — | 187.31M | 176.28M |
| Gross Profit | 17.15M | 13.13M | 14.18M | 8.12M | 12.85M | 10.89M |
| Selling, General and Administrative Expense | 15.21M | 15.11M | 16.33M | 17.58M | 17.73M | 17.29M |
| Operating Income (Loss) | -1.05M | -2.18M | -5.50M | -12.91M | -5.00M | -6.39M |
| Income Tax Expense (Benefit) | 35.00K | 163.00K | 69.00K | 448.00K | 0 | 16.00K |
| Net Income (Loss) Attributable to Parent | 835.00K | -894.00K | -3.66M | -11.27M | -3.43M | -5.53M |
| Earnings Per Share, Basic | $0.03 | $-0.03 | $-0.13 | $-0.40 | $-0.12 | $-0.20 |
| Weighted Average Number of Shares Outstanding, Basic | 28.38M | 28.35M | 28.01M | 27.77M | 27.84M | 27.80M |
| Earnings Per Share, Diluted | $0.03 | $-0.03 | $-0.13 | $-0.40 | $-0.12 | $-0.20 |
| Weighted Average Number of Shares Outstanding, Diluted | 28.53M | 28.35M | 28.01M | 27.77M | 27.84M | 27.80M |
Balance Sheet
| Concept | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 233.02M | 198.96M | 192.31M | 224.64M | 185.54M | 156.78M |
| Assets, Current | 412.03M | 450.01M | 410.41M | 419.77M | 443.81M | 343.92M |
| Assets | 616.55M | 650.20M | 598.19M | 600.26M | 613.74M | 513.85M |
| Liabilities, Current | 460.20M | 495.14M | 443.45M | 436.38M | 442.22M | 341.10M |
| Liabilities | 477.13M | 512.64M | 461.92M | 457.54M | 463.03M | 361.91M |
| Common Stock, Shares, Outstanding | — | — | — | 27.61M | — | 27.60M |
Cash Flow Statement
| Concept | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 15.72M | -18.45M | -25.90M | 40.71M | 76.76M | 45.52M |
| Payments to Acquire Property, Plant, and Equipment | 4.10M | 3.19M | 2.01M | 2.26M | 5.42M | 2.86M |
| Net Cash Provided by (Used in) Investing Activities | -2.62M | -2.70M | -1.79M | -2.26M | -5.19M | -2.70M |
| Net Cash Provided by (Used in) Financing Activities | -4.23M | -4.27M | -4.33M | 46.00K | -1.09M | -1.13M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (MTRX CIK 0000866273),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.