Matrix Service (MTRX)

Matrix Service Company, through its subsidiaries, is a leading North American industrial engineering and construction contractor headquartered in Tulsa, Oklahoma with offices located throughout the United States and Canada, as well as Sydney, Australia and Seoul, South Korea.

Company profile

John Hewitt
Fiscal year end
Matrix Service Inc. • Matrix Service Canada ULC • Matrix North American Construction, Inc. • Matrix North American Construction, Ltd. • Matrix North American Construction, LLC • Matrix SME Canada, Inc. • Matrix SME Canada ULC • Matrix PDM Engineering, Inc. • Matrix PDM, LLC • Matrix Applied Technologies, Inc. ...
IRS number

MTRX stock data


10 May 22
12 Aug 22
30 Jun 23
Quarter (USD) Mar 22 Dec 21 Sep 21 Jun 21
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Jun 21 Jun 20 Jun 19 Jun 18
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 59.09M 59.09M 59.09M 59.09M 59.09M 59.09M
Cash burn (monthly) 11.18M 1.22M 11.85M 7.42M 11.3M 1.02M
Cash used (since last report) 49.43M 5.4M 52.36M 32.8M 49.95M 4.52M
Cash remaining 9.66M 53.69M 6.73M 26.29M 9.14M 54.57M
Runway (months of cash) 0.9 44.0 0.6 3.5 0.8 53.3

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
1 Jul 22 James Harry Miller COMMON STOCK Grant Acquire A No No 4.93 2,028 10K 57,960
1 Apr 22 James Harry Miller COMMON STOCK Grant Acquire A No No 7.99 1,252 10K 55,932
14 Feb 22 Kevin A Durkin COMMON STOCK Buy Acquire P No No 6.3634 7,800 49.63K 65,458
1 Jan 22 James Harry Miller COMMON STOCK Grant Acquire A No No 7.5 1,333 10K 54,680
13F holders Current Prev Q Change
Total holders 0 0
Opened positions 0 0
Closed positions 0 0
Increased positions 0 0
Reduced positions 0 0
13F shares Current Prev Q Change
Total value 0 0
Total shares 0 0
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners Shares Value Change
Largest transactions Shares Bought/sold Change

Financial report summary

  • The COVID-19 pandemic has adversely affected our business and operations.
  • Our business has been affected by inflation, supply chain disruptions and shortages of materials and labor.
Management Discussion
  • We report our results of operations through three reportable segments: Utility and Power Infrastructure, Process and Industrial Facilities, and Storage and Terminal Solutions.
  • •Utility and Power Infrastructure: consists of power delivery services provided to investor-owned utilities, including construction of new substations, upgrades of existing substations, transmission and distribution line installations, upgrades and maintenance, as well as emergency and storm restoration services. We also provide engineering, fabrication, and construction services for LNG utility peak shaving facilities, and provide construction and maintenance services to a variety of power generation facilities, including natural gas fired facilities in simple or combined cycle configuration.
  • •Process and Industrial Facilities: primarily serves customers in the downstream and midstream petroleum industries who are engaged in refining crude oil and processing, fractionating, and marketing of natural gas and natural gas liquids. We also serve customers in various other industries such as petrochemical, sulfur, mining and minerals companies engaged primarily in the extraction of non-ferrous metals, aerospace and defense, cement, agriculture, and other industrial customers. Our services include plant maintenance, turnarounds, industrial cleaning services, engineering, fabrication, and capital construction.

Content analysis

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