Pricing Log in Create free account
Friday 6 November 2026 Export MTRX’s income statement to Excel — free account

Matrix Service Company

MTRX Industrials Engineering & Construction

Matrix Service Company’s revenue for fiscal 2026 (year ended June 2026) was $873.6 million, up 13.6% from fiscal 2025.

Revenue
+3.55%
EPS
+269.2%
Free cash flow
−35.1%

Quarter to September 2026, against a year earlier

8.57 0.56 −6.13%
Market cap
$243.9M
P/E
33.0×
Fwd P/E
15.7×
Dividend yield
—
F-score
6/9
Altman Z
1.89
Beneish M
−2.60
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Sold, $m 2.35
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — 1 — — 2 3 — — — — —
Insider Ownership 5.04%

Capital & Financial Ratios $m

Size
Market Cap 243.88
Revenue ttm 881.15
Net income ttm 7.27
Free cash flow ttm (6.34)
Net debt Q (182.38)
Valuation
P/E 32.96
Forward P/E 15.70
Price / sales 0.28
Forward P/S Powerpack
Price / FCF 0.00
Price / book 1.66
Financial health
Current ratio Q 1.05
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q 27.30
Growth
Revenue growth Q +3.55% (above 0%: growing)
Operating income growth Q +181.40% (above 0%: growing)
EPS, this year +761.11% (at or above 15%: strong)
EPS, next year A +16.81% (at or above 15%: strong)
Revenue, next year A −65.80% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A +18.00% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 0.1×, against a ten-year median of 0.3×; over the ten years it ranged from 0.1× in 2026 to 0.6× in 2018.
P/S against its own 10 years 23.87%
10-year low 10-year high
P/B against its own 10 years 66.12%
10-year low 10-year high
EV/Sales against its own 10 years 0.51%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2024 2025 2026 Q'26
Cash 116 225 223 182
Receivables 139 155 172 191
Inventory 9 6 6 8
Other 34 30 30 —
302 420 436 425
2024 2025 2026 Q'26
Payables 66 80 109 85
ST’ Debt — — — —
Other 171 324 300 291
265 436 442 405

Compound Annual Growth %

10y 5y 3y
Sales (3.98%) 5.34% 3.19%
Cash Flow (14.63%) 0.00% (12.32%)
Earnings 0.00% 0.00% 0.00%
Book Value (7.68%) (13.06%) (7.88%)

Earnings Trends EPS, adjusted, against the consensus

Q1 FY27 Estimate 0.18 Actual 0.23

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q2 FY26 0.04 −0.02 Miss by 0.06
Q3 FY26 0.07 0.13 Beat by 0.06
Q4 FY26 0.17 0.16 Miss by 0.01
Q1 FY27 0.18 0.23 Beat by 0.05
Q2 FY27 0.17 — Reports 3 February 2027

EPS $

Sep Dec Mar Jun Year
’26 0.22 — — — —
’26 (0.13) (0.03) 0.03 0.04 (0.09)
’25 (0.33) (0.20) (0.12) (0.40) (1.06)
’24 (0.12) (0.10) (0.53) (0.16) (0.91)
’23 (0.24) (1.22) (0.47) (0.01) (1.94)
’22 (0.66) (0.93) (1.30) 0.50 (2.39)
’21 (0.12) (0.17) (0.49) (0.40) (1.18)
Fiscal quarters ending in the months shown.

Revenue $m

Sep Dec Mar Jun Year
’26 219 — — — —
’26 212 211 207 245 874
’25 166 187 200 216 769
’24 198 175 166 189 728
’23 208 194 187 206 795
’22 168 162 177 201 708
’21 183 167 148 175 673
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Sep Dec Mar Jun Year
’26 (37) — — — —
’26 (26) 7 34 (9) 7
’25 12 34 31 41 117
’24 (29) 30 25 47 73
’23 (35) 18 20 8 10
’22 (19) 31 (34) (32) (54)
’21 (15) 21 (19) 10 (3)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Sep Dec Mar Jun Year
’26 (37) — — — —
’26 (28) 7 34 (10) 3
’25 10 33 29 38 110
’24 (27) 29 23 46 72
’23 (37) 16 17 11 8
’22 (19) 30 (34) 4 (19)
’21 (17) 21 (20) 10 (5)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to June

Ten-year view Analyst estimates Powerpack
Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 TTM Sep ’26 Trend 10 yrs 2027e 2028e 2029e Next 3/yr
Income, $m
Income, $m Revenue 1,198 1,092 1,417 1,101 673 708 795 728 769 874 881 (3.4%) 299 316 311 (29.1%)
Gross margin, % 6.76 8.42 9.31 9.28 4.87 (0.17) 3.88 5.56 5.16 7.32 7.70 +0.6 pt
EBT 2 (12) 38 (37) (43) (58) (53) (25) (29) (2) 8 n/m
EBT margin, % 0.20 (1.11) 2.71 (3.33) (6.42) (8.23) (6.64) (3.43) (3.77) (0.25) 0.86 (0.5) pt
Net income 0 (11) 28 (33) (31) (64) (52) (25) (29) (3) 7 n/m
Per share, $
Per share, $ Revenue 45.13 40.78 52.68 41.36 25.46 26.48 29.46 26.60 27.70 30.88 31.05 (4.1%)
Earnings (0.01) (0.43) 1.04 (1.24) (1.18) (2.39) (1.94) (0.91) (1.06) (0.09) 0.26 +27.7%
Cash flow (0.71) 2.79 1.54 1.66 (0.11) (2.03) 0.38 2.65 4.23 0.24 (0.15) n/m
Capex (0.40) (0.29) (0.68) (0.64) (0.09) 1.33 (0.09) (0.03) (0.27) (0.13) (0.08) (12.1%)
Free cash flow (1.11) 2.50 0.86 1.01 (0.20) (0.69) 0.29 2.62 3.96 0.12 (0.22) n/m
Book value 12.13 11.91 13.09 11.57 10.80 8.52 6.72 6.00 5.14 5.01 5.17 (9.3%)
Shares, m 27 27 27 27 26 27 27 27 28 28 28 +0.7%
Valuation, ×
Valuation, × P/E 0.00 0.00 19.41 0.00 0.00 0.00 0.00 0.00 0.00 0.00 32.96 1.9
P/S 0.21 0.46 0.39 0.24 0.41 0.19 0.20 0.36 0.49 0.44 0.28 0.3
P/B 0.77 1.58 1.56 0.84 0.97 0.59 0.88 1.58 2.63 2.73 1.66 1.4
EV/Sales 0.21 0.41 0.33 0.15 0.32 0.14 0.14 0.21 0.21 0.20 0.08 0.2
EV/FCF (8.48) 6.69 20.11 6.23 (41.00) (5.29) 14.82 2.14 1.46 51.89 (11.17) 4.9
Cash, $m
Cash, $m Operating cash flow (19) 75 41 44 (3) (54) 10 73 117 7 (4) n/m
Capex (11) (8) (18) (17) (2) 36 (3) (1) (7) (4) (2) (11.5%)
Free cash flow (29) 67 23 27 (5) (19) 8 72 110 3 (6) n/m
Balance, $m
Balance, $m Working capital 140 119 142 159 138 110 75 36 (17) (7) 20 n/m
Net debt 1 (64) (84) (91) (63) (37) (45) (116) (225) (223) (182) n/m
Shareholders’ equity 322 319 352 308 286 228 181 164 143 142 147 (8.7%)
Returns, %
Returns, % ROA (0.03) (2.01) 4.70 (5.75) (6.34) (14.07) (12.45) (5.86) (5.60) (0.43) 1.25 (0.4) pt
ROIC 0.94 (2.57) 8.86 (10.55) (12.29) (28.85) (24.19) (38.75) 0.00 0.00 0.00 (0.9) pt
ROE (0.06) (3.58) 8.34 (10.02) (10.52) (24.90) (25.59) (14.45) (19.20) (1.81) 5.14 (1.8) pt
People
People Employees 4,001 4,650 5,000 2,900 2,717 2,810 2,545 2,064 2,239 2,370 — (5.7%)
Revenue/emp, $m 0.30 0.23 0.28 0.38 0.25 0.25 0.31 0.35 0.34 0.37 — +2.3%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Jun 2026 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

Matrix Service Company vs peers in Engineering & Construction (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
CDNL Cardinal Infrastructure Group Inc. $597.5M — — — — −728.05% (below 0%: shrinking) 15.88% 6.82% Compare
ITG ITG Inc. $525.2M — — — — — 17.81% 5.58% Compare
BBCP CONCRETE PUMPING HOLDINGS, INC. $479.8M 56.4× 51.2× +12.63% (above 0%: growing) +28.57% (above 0%: growing) −28.85% (below 0%: shrinking) 38.74% 12.92% Compare
PHOE Phoenix Asia Holdings Limited $396.2M — — — — −1,148.32% (below 0%: shrinking) — — Compare
ORN Orion Group Holdings, Inc. $280.1M 45.9× 35.0× +13.80% (above 0%: growing) +68.88% (above 0%: growing) −141.07% (below 0%: shrinking) 12.94% 3.33% Compare
MTRX Matrix Service Company $243.9M 33.0× 15.7× +3.55% (above 0%: growing) n/m −35.06% (below 0%: shrinking) 8.23% 2.04%
OPAL OPAL Fuels Inc. $239.3M — (loss-making) 5.8× +3.66% (above 0%: growing) n/m +43.29% (above 0%: growing) 29.34% (3.61%) Compare
MAGH Magnitude International Ltd $236.6M — — — — — — — Compare
SHIM Shimmick Corporation $94.7M — (loss-making) — (loss-making) −16.97% (below 0%: shrinking) n/m −257.50% (below 0%: shrinking) 11.68% (2.49%) Compare
Median of peers $338.2M — 35.0× +8.15% — −199.29% 16.85% 4.46%

All 51 Engineering & Construction stocks →

Pay and ownership Proxy statement filed 23 September 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2026 6.74m (375.44k) 130.48
2025 3.07m 5.45m 128.67
2024 4.10m 6.02m 94.57
2023 2.40m 2.02m 56.10
2022 3.46m 278.98k 48.19

Ownership

Directors and executive officers, together 1.90%
BlackRock, Inc. 6.80%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Matrix Service Company (MTRX) Latest News

6 Nov

Impact 3 · · MarketBeat

5 Nov

Impact 3 · · GuruFocus.com
Impact 3 · · The Motley Fool transcript

4 Nov

Impact 3 · · StockStory
Impact 3 · · GlobeNewswire

19 Oct

Impact 4 · · GlobeNewswire
Impact 3 · · GlobeNewswire

16 Oct

Impact 3 · · StockStory

15 Oct

Impact 3 · · StockStory

13 Oct

Impact 3 · · StockStory

8 Oct

Impact 3 · · StockStory

13 Sep

Impact 3 ·

9 Sep

Impact 3 · · The Motley Fool transcript

3 Sep

Impact 4 · transcript
Impact 3 · · MarketBeat transcript
Impact 3 · · Moby

2 Sep

Impact 3 ·
Impact 3 ·
Impact 3 ·

31 Aug

Impact 3 ·

2 Jun

Impact 3 · · Insider Monkey

16 May

Impact 3 · · StockStory

8 May

Impact 4 · · MarketBeat

7 May

Impact 4 · · The Motley Fool transcript
Impact 4 · · Moby

6 May

Impact 4 · · Zacks
Impact 4 · · GlobeNewswire
Impact 3 · · StockStory

30 Apr

Impact 3 · · GlobeNewswire

13 Apr

Impact 4 · · Simply Wall St.
stockrow.com/MTRX · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com