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MTRX · NasdaqGS

Matrix Service Company

Engineering & Construction · United States

USD 9.87-0.8% daily changeQuote 2026-09-18 · USD
Market cap (USD)
US$279.24M
Trailing P/E
Forward P/E
14.20x
Quarterly revenue growth
13.0%
Trailing net margin
-0.3%
Indicated dividend yield

Snapshot 2026-09-20 · Latest financial period 2026-06-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.

Next earnings: 2026-11-04 (provider estimate, not issuer-confirmed).

Company background

Matrix Service Company provides engineering, fabrication, construction, and maintenance services to support critical energy infrastructure and industrial markets in the United States, Canada, and internationally. It operates through three segments: Storage and Terminal Solutions, Utility and Power Infrastructure, and Process and Industrial Facilities. The Storage and Terminal Solutions segment offers engineering, procurement and construction (EPC), repair, and maintenance and fabrication services for liquid, cryogenic, and refrigerated storage and terminal facilities supporting energy markets, including LNG, NGLs, petroleum products, chemicals, hydrogen, and ammonia. This segment also manufactures and sells specialty, precision-engineered tank products, including geodesic domes, aluminum internal floating roofs, floating suction and skimmer systems, roof drain systems, and floating roof seals. The Utility and Power Infrastructure segment provides construction, maintenance, upgrades, and fabrication services for power generation facilities and power infrastructure system for power generation facilities and power infrastructure systems for various customers, such as public and private utilities, energy producers, and data centers. This segment also offers integrated EPC, fabrication, and upgrade services for LNG peak shaving facilities. The Process and Industrial Facilities segment engages in engineering, construction, maintenance, and repair services across various heavy industrial and energy transition markets comprising midstream and downstream energy, chemicals, mining and minerals, renewable fuels, and hydrogen, as well as involved in engineer and construct specialized infrastructure, and notably thermal vacuum test chambers for the aerospace and defense sectors. Matrix Service Company was founded in 1984 and is headquartered in Houston, Texas.

Company website

Q4 FY2026

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Comparable businesses

MTRX peer comparison

Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.

Comparison stocks

Market metrics · missing or inapplicable values shown as —
MetricMTRXMatrix Service CompanySnapshot 2026-09-20Financial period: 2026-06-30CDLRCadeler A/SSnapshot 2026-09-20Financial period: 2026-06-30AGXArgan, Inc.Snapshot 2026-09-20Financial period: 2026-07-31
Market capMarket value, converted to USDUS$279.24MUS$2.46BUS$5.47B
Forward P/EProvider forward earnings estimate14.20x24.02x
EV / EBITDAEnterprise value / trailing EBITDA8.85x24.06x
Revenue growthLatest quarter vs prior-year quarter13.0%21.3%61.5%
Operating marginLatest reported quarter0.9%40.1%14.8%
Free cash flow yieldTrailing cash flow / market cap-0.5%8.6%
Net debt / EBITDANet debt / trailing EBITDA-23.78x3.36x-5.50x
Debt / equityTotal debt / positive book equity0.14x0.91x0.02x
Trailing P/ETrailing twelve-month earnings10.28x30.77x
Price / bookPrice / positive book equity per share1.99x1.20x10.79x
EV / salesEnterprise value / trailing revenue0.09x3.75x
Earnings growthLatest quarter vs prior-year quarter-26.3%50.4%
Gross marginTrailing twelve months7.3%47.0%20.7%
Net marginTrailing twelve months-0.3%27.5%15.1%
Return on equityProvider trailing return; positive equity only-1.8%12.7%39.8%
Free cash flow marginTrailing free cash flow / revenue-0.2%-50.5%39.4%
Dividend yieldIndicated annual dividend / price0.7%
Earnings payoutProvider trailing dividend payout0.0%0.0%15.8%
Current ratioCurrent assets / current liabilities0.98x1.62x1.50x
BetaProvider historical market sensitivity0.980.710.57

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Comparison methodology & limitations

Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.

Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.

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Earnings-multiple scenario

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Starting assumptions, when available, use provider forward estimates as of 2026-09-20. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.

THE RESEARCH RECORD

Research history for MTRX

All available reporting periods
Q4 FY20262026-09-07

Reported figures

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