Matrix Service Company (MTRX)

From the record

Matrix Service Company's filings since 2017 show 2 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, the latest 2022-09-30); a late-report notice (Form NT 10-K or NT 10-Q, the latest 2022-09-12) (its current reports).

From the record

Matrix Service Company's 10 filed years say what it did: revenue went from $1.2 billion in fiscal 2017 to $874 million in fiscal 2026, down 3.4% a year; it rose in 5 of 9 years; the deepest fall was 52% from fiscal 2019 to fiscal 2021; net income was positive in 1 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2026-06-30, Matrix Service Company's diluted share count grew about 1.6% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 11 sales (5 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-11-04 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2026-06-30, Matrix Service Company lost about 2 cents for every dollar of shareholders' money, and gross profitability: its products earned about 11 cents per dollar of everything the company owns. Leverage: it owed about 76 cents per dollar of assets, and net share issuance: its share count grew 1.9% over the year (the filed statements).

From the record

Matrix Service Company's standing among 19 graded names in its industry family: revenue of $874 million in fiscal 2026 ranks in the top 26% by size; a net margin of -0.3% ranks in the top 34%; revenue growth of 3.2% a year over the last 3 filed years ranks in the bottom 24% (its annual reports).

From the record

Matrix Service Company's leadership, from its insiders' filings and its current reports: the chief executive on the record is Payne, Shawn P (President & CEO, as filed), filing under that title since 2026-08-27, 3 months (bottom 7% of its family); the 14 officers and directors filing in the last fifteen months have been on the record a median of 8.9 years (top 50%); 5 officer or director changes were reported on Form 8-K since 2023-11-13, against the 14 people in charge now (bottom 44%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Matrix Service Company's room to grow, from the newest filed statements (fiscal 2026): cash of $223 million against no long-term debt tagged leaves 37% of its assets as net cash, top 8% of its family; cash from operations less capital spending is 0.2% of revenue (top 50%); a gross margin of 7.3% (bottom 36%) (its annual report).

From the record

Matrix Service Company's growth drivers, from the filed years to fiscal 2026: revenue grew 3.2% a year over the last three filed years against -3.4% over all 10, speeding up (top 18% of its family); the newest year grew 13.6% (top 39%); capital spending grew -15.3% a year (bottom 18%) (its annual reports). Matrix Service Company reported 3 lines of business in fiscal 2026: Storage and Terminal Solutions at $458 million (53%), Utility and Power Infrastructure at $283 million (32%), Process and Industrial Facilities at $132 million (15%); 2 of 3 grew against the year before (its annual report).

From the record

Matrix Service Company's newest year against its own record: revenue of $874 million in fiscal 2026 came in 15.4% above the $757 million its prior three years' pace pointed to (top 30% of its family); net income of $3 million against a prior three-year average of $36 million (top 23%); a net margin of -0.3% against -4.6% before (top 37%) (its annual reports).