MATRIX SERVICE CO
Close on Oct 19, 2026
- Market cap
- $289.90M
- P/E (TTM)
- –
- Dividend yield
- –
About Matrix Service
Construction - Special Trade Contractors, SIC 1700
Matrix Service Company provides engineering, fabrication, construction, and maintenance services for critical energy infrastructure and industrial markets. The company operates through three segments: Storage and Terminal Solutions, Utility and Power Infrastructure, and Process and Industrial Facilities. Offerings include integrated engineering, procurement, and construction (EPC) services, specialized tank manufacturing, cryogenic storage facilities, power delivery infrastructure, peak shaving facilities, and specialized aerospace thermal vacuum test chambers. Customers include public and private utilities, energy producers, midstream and downstream operators, data centers, and defense entities.
The company is headquartered in Houston, Texas, and conducts operations via regional offices across the United States, Canada, and additional international locations. As of June 30, 2026, the company employed 2,370 workers globally, with 93% situated in the United States, 6% in Canada, and 1% internationally. It served approximately 232 customers during fiscal year 2026 through union and non-union subsidiaries.
Summary of the business section of Matrix Service's latest annual report, written by StockData.
Company profile
Company
- Legal name
- MATRIX SERVICE CO
- Founded
- 1984
- Headquarters
- Tulsa, OK
- Address
- 15 East 5th Street, Suite 1100 74103
- Phone
- (918) 838-8822
- Website
- matrixservicecompany.com
- Employees
- 2,370, Jun 30, 2026
- Industry
- Construction - Special Trade Contractors
- Incorporated in
- Delaware
- Fiscal year ends
- June 30
- Auditor
- DELOITTE & TOUCHE LLP, Houston, Texas
Stock & identifiers
- Ticker
- MTRX
- Exchange
- Nasdaq
- Shares outstanding
- 28M, Sep 2, 2026
- Public float
- $314.30M, Jun 30, 2026
- Filer category
- Accelerated filer
- Stock splits
- 2-for-1, Nov 24, 2003
- SEC CIK
- 866273
- CUSIP
- 576853105
- ISIN
- US5768531056
- LEI
- 529900VYBKSX6HD2YW58
- EIN
- 73-1352174
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Shawn P. Payne | President & CEO, Director | 125,054 |
| John R. Hewitt | President & CEO, Director | 581,806 |
| Andrew John Smith | Chief Financial Officer | 9,693 |
| David (James) Miller | VP & General Counsel | 20,547 |
| Justin D. Sheets | SVP, Enterprise Services | 73,012 |
| Kevin S. Cavanah | VP Finance & CFO | 86,959 |
| Nancy E. Austin | VP, Chief Admin Officer | 108,138 |
| Douglas J. Montalbano | President, Matrix NAC | 55,536 |
| James Harry Miller | Director | 92,078 |
| Carlin G. Conner | Director | 55,219 |
| Jose Luis M. Bustamante | Director | 41,624 |
| Martha Z. Carnes | Director | 71,183 |
| Liane K. Hinrichs | Director | 64,288 |
| John D. Chandler | Director | 86,039 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2026 Mr.Hewitt | $6.74M | -$375.44K | $1.75M | $130 | $555 |
| FY2025 Mr.Hewitt | $3.07M | $5.45M | $1.34M | $129 | $276 |
| FY2024 Mr.Hewitt | $4.10M | $6.02M | $1.33M | $95 | $189 |
| FY2023 Mr.Hewitt | $2.40M | $2.02M | $842.89K | $56 | $135 |
| FY2022 Mr.Hewitt | $3.46M | $278.98K | $1.15M | $48 | $88 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of June 30, 2026, we had 2,370 employees worldwide.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Sep 30, 2022 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Sep 12, 2022 | Late filing | Notification of late filing |
| Jun 28, 2022 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Dec 16, 2016 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Dec 27, 2013 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Sep 13, 2010 | Late filing | Notification of late filing |
| Jan 9, 2008 | Late filing | Notification of late filing |
| Jan 5, 2006 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Aug 16, 2005 | Late filing | Notification of late filing |
| Nov 9, 1999 | Listing | Registration of securities on an exchange (Form 8-A) |