Matrix Service Company logo

Matrix Service Company

MTRX

NASDAQIndustrialsEngineering & Construction

Previous close

$11.07

−$0.11 · -0.98%

Aug 21, 4:00 PM ET

MTRX company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

76

Undervalued

Momentum

48

Neutral

Sentiment

35

Bearish

Risk resilience

53

Elevated Risk

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Company profile

Company website

Matrix Service Company (MTRX), established in 1984 and headquartered in Tulsa, Oklahoma, operates as a diversified global contractor. The firm offers a comprehensive suite of services, including engineering, fabrication, infrastructure development, construction, and maintenance. It primarily caters to critical industries such as oil, gas, power generation, petrochemicals, manufacturing, agriculture, mining, and minerals. Matrix Service Company's operations extend across the United States, Canada, South Korea, Australia, and other international markets. The company organizes its activities into three principal segments: 1. Utility and Power Infrastructure: This division specializes in electrical power delivery systems. Its services encompass the construction of new substations, modernizing existing ones, installing and upgrading transmission and distribution lines, and providing essential maintenance. Furthermore, it offers critical emergency and storm restoration services and contributes to the construction and upkeep of combined cycle and other natural gas-fired power plants. 2. Process and Industrial Facilities: This segment focuses on a range of industrial processes. Key activities include crude oil refinement, as well as the processing, fractionation, and commercialization of natural gas and natural gas liquids. The services provided extend to plant maintenance, executing scheduled turnarounds, engineering support, specialized industrial cleaning, and new capital construction projects. 3. Storage and Terminal Solutions: This segment is dedicated to facilities for the storage and transfer of various commodities. It undertakes the engineering, fabrication, construction, and both planned and emergency maintenance and repair of aboveground storage tanks and terminals. Its expertise also covers specialized vessels such as those for liquefied natural gas (LNG), liquid nitrogen/oxygen (LN2/LOX), liquefied petroleum gas (LPG), and hydrogen, including spherical designs. Additionally, the segment handles marine structures and truck/rail loading and offloading facilities. Within these offerings, it also provides specific components and systems like geodesic domes, aluminum internal floating roofs, floating suction and skimmer systems, roof drain systems, and floating roof seals.

Industry
Engineering & Construction
Sector
Industrials
Headquarters
US
CEO
Shawn Payne
Listed since
Sep 26, 1990
Employees
2,239

Market position

Day range

Current $11.07

52-week range

Current $11.07

Open
$11.33
Previous close
$11.18
Volume
148.59K
0.64× average
Average volume
233.63K
Average daily volume
Market cap
311.44M USD
Beta
1
Market reference 1
50-day average
$12.4972
-11.42% below average
200-day average
$12.2649
-9.74% below average

Financials

Financial snapshot

Latest / TTM

Financial health

Altman Z-score
1.6
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends7%0%-7%-14%Gross margin, FY2021: 4.87%Gross margin, FY2022: -0.17%Gross margin, FY2023: 3.88%Gross margin, FY2024: 5.56%Gross margin, FY2025: 5.16%Operating margin, FY2021: -6.50%Operating margin, FY2022: -12.41%Operating margin, FY2023: -6.65%Operating margin, FY2024: -4.14%Operating margin, FY2025: -4.56%Net margin, FY2021: -4.64%Net margin, FY2022: -9.03%Net margin, FY2023: -6.59%Net margin, FY2024: -3.43%Net margin, FY2025: -3.83%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 4.87%. Gross margin FY2022 -0.17%. Gross margin FY2023 3.88%. Gross margin FY2024 5.56%. Gross margin FY2025 5.16%. Operating margin FY2021 -6.50%. Operating margin FY2022 -12.41%. Operating margin FY2023 -6.65%. Operating margin FY2024 -4.14%. Operating margin FY2025 -4.56%. Net margin FY2021 -4.64%. Net margin FY2022 -9.03%. Net margin FY2023 -6.59%. Net margin FY2024 -3.43%. Net margin FY2025 -3.83%.

Income trends

Revenue

769.29M USD+5.64%

Operating income

−35.07M USD-16.45%

Net income

−29.46M USD-17.96%
Income trends across reported periods883.31M USD530.16M USD177.01M USD−176.14M USDRevenue, FY2021: 673.4M USDRevenue, FY2022: 707.78M USDRevenue, FY2023: 795.02M USDRevenue, FY2024: 728.21M USDRevenue, FY2025: 769.29M USDOperating income, FY2021: −43.75M USDOperating income, FY2022: −87.85M USDOperating income, FY2023: −52.89M USDOperating income, FY2024: −30.11M USDOperating income, FY2025: −35.07M USDNet income, FY2021: −31.22M USDNet income, FY2022: −63.9M USDNet income, FY2023: −52.36M USDNet income, FY2024: −24.98M USDNet income, FY2025: −29.46M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 673.4M USD. Revenue FY2022 707.78M USD. Revenue FY2023 795.02M USD. Revenue FY2024 728.21M USD. Revenue FY2025 769.29M USD. Operating income FY2021 −43.75M USD. Operating income FY2022 −87.85M USD. Operating income FY2023 −52.89M USD. Operating income FY2024 −30.11M USD. Operating income FY2025 −35.07M USD. Net income FY2021 −31.22M USD. Net income FY2022 −63.9M USD. Net income FY2023 −52.36M USD. Net income FY2024 −24.98M USD. Net income FY2025 −29.46M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue769.29M USD728.21M USD795.02M USD707.78M USD673.4M USD
Cost of goods sold729.61M USD687.74M USD764.2M USD708.99M USD640.63M USD
Gross profit39.68M USD40.47M USD30.82M USD−1.21M USD32.77M USD
Selling, general, and administrative71.17M USD70.09M USD68.25M USD67.69M USD69.76M USD
Operating expenses74.75M USD70.59M USD83.71M USD86.65M USD76.51M USD
Interest income6.65M USD1.34M USD290K USD90K USD126K USD
Interest expense518K USD1.13M USD2.02M USD2.95M USD1.56M USD
Depreciation and amortization10.01M USD11.02M USD13.69M USD15.25M USD17.86M USD
Operating income−35.07M USD−30.11M USD−52.89M USD−87.85M USD−43.75M USD
Net income−29.46M USD−24.98M USD−52.36M USD−63.9M USD−31.22M USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$24.00

116.80% upside
Past 12 months12-month forecast

Price history unavailable

High $24.00Average $24.00Low $24.00

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