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MARKETS / NASDAQ / MTRX
NASDAQ · CONSTRUCTION - SPECIAL TRADE CONTRACTORS · MID CAP

Matrix Service Co. MTRX

17 fiscal years on record · USD · FY2025 reported · SEC filings only
$873.6M
▲ 13.6% YoY
$-2.6M
$1.4M
▼ 98.7% YoY
In brief

What this company does

Matrix Service Company provides engineering, fabrication, construction and maintenance services to support energy infrastructure and industrial markets. It maintains regional offices throughout the United States, Canada and other international locations, and it operates in all 50 states, four Canadian provinces and other international locations. As of June 30, 2025, it had 2,239 employees worldwide, of whom 633 were employed in office-based positions and 1,606 were employed in field or craft positions. It operates its business through three reportable segments, Storage and Terminal Solutions, Utility and Power Infrastructure, and Process and Industrial Facilities. The Storage and Terminal Solutions segment consists primarily of engineering, procurement, fabrication and construction services for cryogenic and other specialty tanks and terminals for LNG, NGLs, hydrogen, ammonia, propane, butane, liquid nitrogen and oxygen, and liquid petroleum, and it also manufactures and sells specialty tank products including geodesic domes and internal floating roofs. The Utility and Power Infrastructure segment consists primarily of engineering, procurement, fabrication and construction services for LNG utility peak shaving facilities, power delivery work including new and upgraded substations, and construction services for power generation facilities including natural gas fired plants. The Process and Industrial Facilities segment consists primarily of plant maintenance, repair and turnarounds in the downstream and midstream energy markets, along with engineering, procurement, fabrication and construction for refinery upgrades and thermal vacuum test chambers for the aerospace and defense industries. The company began operations in 1984 as an Oklahoma corporation under the name Matrix Service, incorporated in Delaware in 1989 under the name Matrix Service Company, and began trading on the NASDAQ exchange in 1990.

Written from the business description in Matrix Service Co's annual report to the U.S. Securities and Exchange Commission, filed 10 September 2025. Every sentence was checked against that document before publication.

Growth
USD 873.6M
Revenue, FY2025 · full 17-year series below
Revenue $B Net income $B
FY2025 · Revenue 0.9 · Net income -0.0
0.5B1.0B200920112013201520172019202120232025
Compound annual growth
+3.2%
+5.3%
−4.0%
+2.2%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +5.3% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−0 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -1.1% · Net -0.3%
2%4%-5%-10%200920112013201520172019202120232025
ROE
FY2017 · ROE -3.6%
5%10%-1%-2%-3%200920112013201520172019202120232025

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 1.4
40M80M-20M-40M200920112013201520172019202120232025
Net buybacks $M Dividends $M
FY2021 · Dividends — · Net buybacks -0.2
8M16M2010201220142016201820202021

Total assetsUSD 602.6M
CashUSD 223.0M
Current ratio0.98×

Not available: we don't have the total debt figure for this period.

The 17-year record
17 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 20252024202320222021202020192018201720162015201420132012201120102009
Revenue $B0.90.80.70.80.70.71.11.41.11.21.31.31.30.90.70.60.6
Operating income $B−0.0−0.0−0.0−0.1−0.1−0.0−0.00.0−0.00.00.00.00.10.00.00.00.0
EBITDA $B−0.0−0.0−0.0−0.0−0.1−0.0−0.00.10.00.00.10.00.10.00.00.00.0
Income tax $B0.00.0−0.0−0.00.0−0.0−0.00.0−0.00.00.00.00.00.00.00.00.0
Net income $B−0.0−0.0−0.0−0.1−0.1−0.0−0.00.0−0.0−0.00.00.00.00.00.00.00.0
Free cash flow $B0.00.10.10.0−0.1−0.00.00.00.1−0.00.00.00.10.0−0.00.0−0.0
EPS, diluted $−0.09−1.06−0.91−1.94−2.39−1.18−1.241.01−0.43−0.011.070.631.330.910.650.710.18
Dividend / sh $·················
Payout %·················
ROE %········−3.6−0.19.56.013.810.78.410.12.7
Shares out B0.030.030.03··············

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 83 reconciliationsAUDITED

Reconciled in 17 of 19 fiscal years. 12 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityConstruction - Special Trade Contractors
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsJune 30
Data on record since2009

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