Reading the annual reports…
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
MTRX · Nasdaq · United States · Construction - Special Trade Contractors
In shortMATRIX SERVICE CO is loss-making.
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | -1.1% | 13/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -0.3% | 19/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -1.8% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | – | n/a |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.98× | 15/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | – | n/a |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | – | n/a |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | -22.01× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 0.15 | 0/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 0.2% | 21/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 4 of 5 | 75/100 |
Weight in the score: 20%
| Profitable years (last 5) | 0 of 5 | 0/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 8.7% | 79/100 |
| Operating margin volatility | 4.2% | 71/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 3.2% | 34/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2026 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 708 | 795 | 728 | 769 | 874 |
| Cost of revenue | 709 | 764 | 688 | 730 | 810 |
| Gross profit | (1.2) | 31 | 40 | 40 | 64 |
| Selling, general & admin | 68 | 68 | 70 | 71 | 64 |
| Operating income | (88) | (53) | (30) | (35) | (9.6) |
| Interest expense | 3 | 2 | 1.1 | 0.5 | 0.4 |
| Pre-tax income | (58) | (53) | (25) | (29) | (2.2) |
| Income tax | 5.6 | (0.4) | (0) | 0.5 | 0.4 |
| Net income | (64) | (52) | (25) | (29) | (2.6) |
| Diluted EPS | −$2.39 | −$1.94 | −$0.91 | −$1.06 | −$0.09 |
| Diluted shares (millions) | 27 | 27 | 27 | 28 | 28 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
0.15 Distress zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
7/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Sep 3, 2026