MTRXNasdaqConstruction - Special Trade ContractorsFiscal year ends June 30
MATRIX SERVICE CO
Financials through Q4 FY2026, quarter ended Jun 30, 2026Last filing: 10-K on Sep 3, 2026
$10.21+0.19 (+1.90%)
Close on Oct 19, 2026
- Market cap
- $289.90M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2012 to 2026
Gross margin
7.3%+2.5 pts over 5 years
Operating margin
-1.1%+5.4 pts over 5 years
Net margin
-0.3%+4.3 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +13.6% | +3.2% | +5.3% | -4.0% | |
| Gross profit | +61.2% | +27.5% | +14.3% | -6.6% | |
| Free cash flow | -98.7% | +4.8% | – | -23.1% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | -0.1% | – | – | |
| Return on assets | -0.0% | -6.3% | -0.4% | |
| Current ratio | 1.64 | 1.90 | 0.98 | |
| Debt to equity | 0.14 | – | – | |
| Net debt to EBITDA | 0.03× | – | – | |
| Interest coverage | 2.2× | -28.1× | -22.0× | |
| Inventory turnover | 291.1× | 92.8× | 133.8× | |
| Capex to revenue | 1.0% | 0.6% | 0.6% | |
| Diluted shares | 27M | 26M | 28M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Matrix Service generated $261.39M from operations and spent $32.52M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$261.39M
Used
$32.52M
Capital expenditure$32.52M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin2.0%
×Asset turnover2.38×
×Equity multiplier1.78×
=Return on equity, FY20198.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2019 | 2.0% | 2.38× | 1.78× | 8.3% |
| FY2018 | -1.1% | 1.91× | 1.79× | -3.6% |
| FY2017 | -0.0% | 2.08× | 1.80× | -0.1% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
5of 8 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero-$2.58M
- Cash generatingOperating cash flow above zero$6.91M
- Return on assets improvedROA up on the prior year-6.5% → -0.4%
- Earnings backed by cashOperating cash flow above net income$6.91M vs -$2.58M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose0.96 → 0.98
- No dilutionShare count did not rise28M → 28M
- Gross margin improvedGross margin up on the prior year5.16% → 7.32%
- More efficientAsset turnover rose1.70 → 1.46