MTRX

Company Overview — What Does MATRIX SERVICE CO Do?

Matrix Service Company provides engineering, fabrication, infrastructure, construction, and maintenance services primarily to the oil, gas, power, petrochemical, industrial, agricultural, mining, and minerals markets in the United States, Canada, South Korea, Australia, and internationally. It operates through three segments: Utility and Power Infrastructure, Process and Industrial Facilities, and Storage and Terminal Solutions. The Utility and Power Infrastructure segment offers power delivery services, including construction of new substations, upgrades of existing substations, transmission and distribution line installations, distribution upgrades, and maintenance; and emergency and storm restoration services. This segment also provides construction and maintenance services to combined cycle plants and other natural gas fired power stations. The Process and Industrial Facilities segment engages in the crude oil refining; processing, fractionating, and marketing of natural gas and natural gas liquids; and offers plant maintenance, turnarounds, engineering, industrial cleaning services, and capital construction service. The Storage and Terminal Solutions segment undertakes work related to aboveground storage tanks and terminals; engineering, fabrication and construction, and maintenance and repair, which include planned and emergency services; and liquefied natural gas, liquid nitrogen/liquid oxygen, liquid petroleum, hydrogen, and other specialty vessels, which comprise spheres, as well as marine structures, and truck and rail loading/offloading facilities. Its services include engineering, fabrication and construction, and maintenance and repair, including planned and emergency services, as well as geodesic domes, aluminum internal floating roofs, floating suction and skimmer systems, roof drain systems, and floating roof seals. Matrix Service Company was founded in 1984 and is headquartered in Tulsa, Oklahoma. MATRIX SERVICE CO (MTRX) is classified as a small-cap stock in the Industrials sector, specifically within the Construction industry. The company is led by CEO John R. Hewitt and employs approximately 2,810 people, headquartered in TULSA, Oklahoma. With a market capitalization of $331M, MTRX is one of the notable companies in the Industrials sector.

MATRIX SERVICE CO (MTRX) Stock Rating — Reduce (April 2026)

As of April 2026, MATRIX SERVICE CO receives a Reduce rating with a composite score of 33.0/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.MTRX ranks #3,254 out of 4,446 stocks in our coverage universe. Within the Industrials sector, MATRIX SERVICE CO ranks #548 of 752 stocks, placing it in the lower half of its Industrials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

MTRX Stock Price and 52-Week Range

MATRIX SERVICE CO (MTRX) currently trades at $12.21. The stock lost $0.05 (0.4%) in the most recent trading session. The 52-week high for MTRX is $16.11, which means the stock is currently trading -24.2% from its annual peak. The 52-week low is $9.33, putting the stock 30.9% above its annual trough. Recent trading volume was 99K shares, suggesting relatively thin trading activity.

Is MTRX Overvalued or Undervalued? — Valuation Analysis

MATRIX SERVICE CO (MTRX) carries a value factor score of 35/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The price-to-book ratio stands at 2.40x, versus the sector average of 2.23x. The price-to-sales ratio is 0.42x, compared to 0.50x for the average Industrials stock.

At current multiples, MATRIX SERVICE CO trades at a premium to most Industrials peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.

MATRIX SERVICE CO Profitability — ROE, Margins, and Quality Score

MATRIX SERVICE CO (MTRX) earns a quality factor score of 25/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -12.5%, compared to the Industrials sector average of 8.9%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -2.6% versus the sector average of 3.3%.

On a margin basis, MATRIX SERVICE CO reports gross margins of 6.0%, compared to 35.8% for the sector. The operating margin is -3.2% (sector: 6.2%). Net profit margin stands at -2.4%, versus 3.9% for the average Industrials stock. Revenue growth is running at 26.8% on a trailing basis, compared to 6.4% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

MTRX Debt, Balance Sheet, and Financial Health

MATRIX SERVICE CO has a debt-to-equity ratio of 373.0%, compared to the Industrials sector average of 70.0%. This elevated leverage warrants close monitoring, as it increases the company's sensitivity to rising interest rates and economic downturns. The current ratio is 0.91x, which may signal near-term liquidity tightness.

MTRX has a beta of 1.41, meaning it is more volatile than the broader market — a $10,000 investment in MTRX would be expected to move 41.1% more than the S&P 500 on any given day. The stability factor score for MATRIX SERVICE CO is 44/100, reflecting average volatility within the normal range for its sector.

MATRIX SERVICE CO Revenue and Earnings History — Quarterly Trend

In TTM 2026, MATRIX SERVICE CO reported revenue of $788M and earnings per share (EPS) of $-0.03. Net income for the quarter was $-17M. Gross margin was 6.0%. Operating income came in at $-23M.

In Q2 2026, MATRIX SERVICE CO reported revenue of $211M and earnings per share (EPS) of $-0.03. Net income for the quarter was $-894,000. Gross margin was 6.2%. Operating income came in at $-2M.

In Q1 2026, MATRIX SERVICE CO reported revenue of $212M and earnings per share (EPS) of $-0.13. Net income for the quarter was $-4M. Gross margin was 6.7%. Revenue grew 28.0% year-over-year compared to Q1 2025. Operating income came in at $-6M.

In FY 2025, MATRIX SERVICE CO reported revenue of $769M and earnings per share (EPS) of $-1.06. Net income for the quarter was $-29M. Gross margin was 5.2%. Revenue grew 5.6% year-over-year compared to FY 2024. Operating income came in at $-35M.

Over the past 8 quarters, MATRIX SERVICE CO has demonstrated a growth trajectory, with revenue expanding from $166M to $788M. Investors analyzing MTRX stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

MTRX Dividend Yield and Income Analysis

MATRIX SERVICE CO (MTRX) does not currently pay a dividend. This is common among smaller companies in the Construction industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Industrials dividend stocks may want to explore other Industrials stocks or use the stock screener to filter by dividend yield.

MTRX Momentum and Technical Analysis Profile

MATRIX SERVICE CO (MTRX) has a momentum factor score of 34/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 25/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 49/100 reflects moderate short selling activity.

MTRX vs Competitors — Industrials Sector Ranking and Peer Comparison

Within the Industrials sector, MATRIX SERVICE CO (MTRX) ranks #548 out of 752 stocks based on the Blank Capital composite score. This places MTRX in the lower half of all Industrials stocks in our coverage universe. Key competitors and sector peers include South Bow Corp (SOBO) with a score of 56.5/100, TSAKOS ENERGY NAVIGATION LTD (TEN) with a score of 61.4/100, Great Lakes Dredge & Dock CORP (GLDD) with a score of 56.7/100, Tri Pointe Homes, Inc. (TPH) with a score of 57.3/100, and Clear Channel Outdoor Holdings, Inc. (CCO) with a score of 52.2/100.

Comparing MTRX against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full MTRX vs S&P 500 (SPY) comparison to assess how MATRIX SERVICE CO stacks up against the broader market across all factor dimensions.

MTRX Next Earnings Date

No upcoming earnings date has been announced for MATRIX SERVICE CO (MTRX) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy MTRX? — Investment Thesis Summary

The quantitative profile for MATRIX SERVICE CO suggests caution. The quality score of 25/100 flags below-average profitability. The value score of 35/100 indicates premium valuation. Momentum is weak at 34/100, a headwind for near-term performance.

In summary, MATRIX SERVICE CO (MTRX) earns a Reduce rating with a composite score of 33.0/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on MTRX stock.

Related Resources for MTRX Investors

Explore more research and tools: MTRX vs S&P 500 comparison, top Industrials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare MTRX head-to-head with peers: MTRX vs SOBO, MTRX vs TEN, MTRX vs GLDD.