Matrix Service Co
Matrix Service Company provides engineering, fabrication, construction, and maintenance services to support critical energy infrastructure and industrial markets in the United States, Canada, and internationally. The company's Storage and Terminal Solutions segment offers engineering, procurement, fabrication, and construction services related to cryogenic, specialty tanks, and terminals for LNG,… Read more
Matrix Service Co (MTRX) - Net Assets
Latest net assets as of December 2025: $137.56 Million USD
Based on the latest financial reports, Matrix Service Co (MTRX) has net assets worth $137.56 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($650.20 Million) and total liabilities ($512.64 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $137.56 Million |
| % of Total Assets | 21.16% |
| Annual Growth Rate | 13.49% |
| 5-Year Change | -50.02% |
| 10-Year Change | -54.77% |
| Growth Volatility | 486.64 |
Matrix Service Co - Net Assets Trend (1990–2025)
This chart illustrates how Matrix Service Co's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Matrix Service Co (1990–2025)
The table below shows the annual net assets of Matrix Service Co from 1990 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $142.72 Million | -13.07% |
| 2024-06-30 | $164.18 Million | -9.53% |
| 2023-06-30 | $181.48 Million | -20.30% |
| 2022-06-30 | $227.71 Million | -20.25% |
| 2021-06-30 | $285.54 Million | -7.26% |
| 2020-06-30 | $307.89 Million | -12.52% |
| 2019-06-30 | $351.96 Million | +10.39% |
| 2018-06-30 | $318.84 Million | -0.92% |
| 2017-06-30 | $321.81 Million | +1.98% |
| 2016-06-30 | $315.57 Million | +10.90% |
| 2015-06-30 | $284.55 Million | +0.80% |
| 2014-06-30 | $282.28 Million | +18.53% |
| 2013-06-30 | $238.16 Million | +12.82% |
| 2012-06-30 | $211.10 Million | +5.72% |
| 2011-06-30 | $199.67 Million | +12.44% |
| 2010-06-30 | $177.59 Million | +4.22% |
| 2009-06-30 | $170.39 Million | +22.85% |
| 2008-06-30 | $138.70 Million | +10.45% |
| 2007-06-30 | $125.58 Million | +64.37% |
| 2006-06-30 | $76.40 Million | +59.21% |
| 2005-06-30 | $47.98 Million | -44.02% |
| 2004-06-30 | $85.72 Million | +22.13% |
| 2003-06-30 | $70.18 Million | +16.58% |
| 2002-06-30 | $60.20 Million | +12.93% |
| 2001-06-30 | $53.31 Million | -2.91% |
| 2000-06-30 | $54.90 Million | +10.47% |
| 1999-06-30 | $49.70 Million | -23.89% |
| 1998-06-30 | $65.30 Million | -14.30% |
| 1997-06-30 | $76.20 Million | +4.38% |
| 1996-06-30 | $73.00 Million | +3.11% |
| 1995-06-30 | $70.80 Million | +1.87% |
| 1994-06-30 | $69.50 Million | +4.67% |
| 1993-06-30 | $66.40 Million | +2.31% |
| 1992-06-30 | $64.90 Million | +26.26% |
| 1991-06-30 | $51.40 Million | +2923.53% |
| 1990-06-30 | $1.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Matrix Service Co's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 539.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $4.48 Million | 3.14% |
| Common Stock | $279.00K | 0.20% |
| Other Comprehensive Income | $-9.40 Million | -6.59% |
| Other Components | $147.36 Million | 103.25% |
| Total Equity | $142.72 Million | 100.00% |
Matrix Service Co Competitors by Market Cap
The table below lists competitors of Matrix Service Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Village Farms International Inc
NASDAQ:VFF
|
$278.43 Million |
|
Oncology Institute Inc
NASDAQ:TOI
|
$278.45 Million |
|
Liaoning Fu-An
SHG:603315
|
$278.47 Million |
|
Hangzhou Weiguang Electronic Co Ltd
SHE:002801
|
$278.49 Million |
|
Sichuan Goldstone Orient New Material Equipment Co Ltd
SHE:300434
|
$278.37 Million |
|
Jw Pharmac
KO:001060
|
$278.34 Million |
|
Upstream Bio, Inc.
NASDAQ:UPB
|
$278.33 Million |
|
Jinan High tech Development Co Ltd
SHG:600807
|
$278.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Matrix Service Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 164,182,000 to 142,716,000, a change of -21,466,000 (-13.1%).
- Net loss of 29,462,000 reduced equity.
- Share repurchases of 1,235,000 reduced equity.
- Other comprehensive income increased equity by 132,000.
- Other factors increased equity by 9,099,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-29.46 Million | -20.64% |
| Share Repurchases | $1.24 Million | -0.87% |
| Other Comprehensive Income | $132.00K | +0.09% |
| Other Changes | $9.10 Million | +6.38% |
| Total Change | $- | -13.07% |
Book Value vs Market Value Analysis
This analysis compares Matrix Service Co's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.03x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 90.54x to 2.03x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1990-06-30 | $0.12 | $10.43 | x |
| 1991-06-30 | $3.40 | $10.43 | x |
| 1992-06-30 | $3.25 | $10.43 | x |
| 1993-06-30 | $3.40 | $10.43 | x |
| 1994-06-30 | $3.73 | $10.43 | x |
| 1995-06-30 | $3.54 | $10.43 | x |
| 1996-06-30 | $3.80 | $10.43 | x |
| 1997-06-30 | $3.94 | $10.43 | x |
| 1998-06-30 | $3.42 | $10.43 | x |
| 1999-06-30 | $2.63 | $10.43 | x |
| 2000-06-30 | $3.05 | $10.43 | x |
| 2001-06-30 | $3.13 | $10.43 | x |
| 2002-06-30 | $3.71 | $10.43 | x |
| 2003-06-30 | $4.20 | $10.43 | x |
| 2004-06-30 | $4.87 | $10.43 | x |
| 2005-06-30 | $2.77 | $10.43 | x |
| 2006-06-30 | $2.97 | $10.43 | x |
| 2007-06-30 | $4.69 | $10.43 | x |
| 2008-06-30 | $5.16 | $10.43 | x |
| 2009-06-30 | $6.46 | $10.43 | x |
| 2010-06-30 | $6.70 | $10.43 | x |
| 2011-06-30 | $7.48 | $10.43 | x |
| 2012-06-30 | $8.03 | $10.43 | x |
| 2013-06-30 | $9.04 | $10.43 | x |
| 2014-06-30 | $10.40 | $10.43 | x |
| 2015-06-30 | $10.79 | $10.43 | x |
| 2016-06-30 | $11.69 | $10.43 | x |
| 2017-06-30 | $12.13 | $10.43 | x |
| 2018-06-30 | $11.91 | $10.43 | x |
| 2019-06-30 | $12.76 | $10.43 | x |
| 2020-06-30 | $11.57 | $10.43 | x |
| 2021-06-30 | $10.80 | $10.43 | x |
| 2022-06-30 | $8.52 | $10.43 | x |
| 2023-06-30 | $6.72 | $10.43 | x |
| 2024-06-30 | $6.00 | $10.43 | x |
| 2025-06-30 | $5.14 | $10.43 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Matrix Service Co utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -20.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.83%
- • Asset Turnover: 1.28x
- • Equity Multiplier: 4.21x
- Recent ROE (-20.64%) is below the historical average (0.53%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1990 | 41.18% | 4.14% | 1.20x | 8.29x | $530.00K |
| 1991 | 10.89% | 6.47% | 1.36x | 1.24x | $460.00K |
| 1992 | 14.18% | 7.47% | 1.48x | 1.28x | $2.71 Million |
| 1993 | 6.17% | 3.95% | 1.24x | 1.26x | $-2.54 Million |
| 1994 | 3.88% | 2.02% | 1.32x | 1.45x | $-4.25 Million |
| 1995 | -0.28% | -0.11% | 1.68x | 1.49x | $-7.28 Million |
| 1996 | 3.29% | 1.31% | 1.74x | 1.45x | $-4.90 Million |
| 1997 | 3.94% | 1.64% | 1.57x | 1.53x | $-4.62 Million |
| 1998 | -17.76% | -5.40% | 1.91x | 1.73x | $-18.13 Million |
| 1999 | -25.35% | -5.97% | 2.39x | 1.77x | $-17.57 Million |
| 2000 | 12.05% | 3.41% | 2.47x | 1.43x | $1.13 Million |
| 2001 | 8.59% | 2.40% | 2.28x | 1.57x | $-750.60K |
| 2002 | 9.77% | 2.64% | 2.20x | 1.68x | $-139.00K |
| 2003 | 11.65% | 2.84% | 1.42x | 2.89x | $1.16 Million |
| 2004 | 11.13% | 1.57% | 2.74x | 2.58x | $970.50K |
| 2005 | -80.92% | -8.84% | 2.17x | 4.22x | $-43.63 Million |
| 2006 | 10.02% | 1.55% | 2.62x | 2.46x | $13.10K |
| 2007 | 15.27% | 2.04% | 3.87x | 1.93x | $6.61 Million |
| 2008 | 15.44% | 2.93% | 2.66x | 1.98x | $7.54 Million |
| 2009 | 17.95% | 4.43% | 2.27x | 1.78x | $13.55 Million |
| 2010 | 2.75% | 0.89% | 1.93x | 1.60x | $-12.88 Million |
| 2011 | 9.51% | 3.03% | 2.05x | 1.53x | $-985.10K |
| 2012 | 8.14% | 2.33% | 2.29x | 1.53x | $-3.92 Million |
| 2013 | 10.08% | 2.69% | 2.18x | 1.72x | $191.80K |
| 2014 | 12.77% | 2.84% | 2.22x | 2.03x | $7.76 Million |
| 2015 | 5.85% | 1.27% | 2.39x | 1.93x | $-12.17 Million |
| 2016 | 9.11% | 2.20% | 2.32x | 1.78x | $-2.81 Million |
| 2017 | -0.06% | -0.02% | 2.04x | 1.82x | $-32.36 Million |
| 2018 | -3.60% | -1.05% | 1.96x | 1.75x | $-43.36 Million |
| 2019 | 7.95% | 1.98% | 2.24x | 1.80x | $-7.21 Million |
| 2020 | -10.74% | -3.00% | 2.13x | 1.68x | $-63.86 Million |
| 2021 | -10.94% | -4.64% | 1.44x | 1.64x | $-59.78 Million |
| 2022 | -28.06% | -9.03% | 1.61x | 1.94x | $-86.67 Million |
| 2023 | -28.85% | -6.59% | 1.99x | 2.21x | $-70.51 Million |
| 2024 | -15.21% | -3.43% | 1.61x | 2.75x | $-41.39 Million |
| 2025 | -20.64% | -3.83% | 1.28x | 4.21x | $-43.73 Million |
Industry Comparison
This section compares Matrix Service Co's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $1,646,543,800
- Average return on equity (ROE) among peers: 16.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Matrix Service Co (MTRX) | $137.56 Million | 41.18% | 3.73x | $278.38 Million |
| Arcosa Inc (ACA) | $2.43 Billion | 3.86% | 1.02x | $5.06 Billion |
| Aecom Technology Corporation (ACM) | $-181.00 Million | 0.00% | 0.00x | $11.42 Billion |
| ACS Actividades de Construcción y Servicios S.A (ACSAF) | $4.44 Billion | 29.55% | 6.70x | $8.35 Billion |
| Acciona S.A (ACXIF) | $6.30 Billion | 7.00% | 2.58x | $3.04 Billion |
| Aecon Group Inc (AEGXF) | $153.60 Million | 7.49% | 3.66x | $737.44 Million |
| ÅF Pöyry AB (publ) (AFXXF) | $551.78 Million | 41.72% | 1.52x | $1.66 Billion |
| Abengoa S.A (AGOAF) | $797.49 Million | 15.10% | 9.17x | $1.82 Million |
| AF Gruppen ASA (AGRUF) | $1.95 Billion | 35.44% | 2.36x | $547.02 Million |
| Argan Inc (AGX) | $3.70 Million | 24.32% | 1.27x | $6.30 Billion |
| Amelco Corporation (AMLC) | $15.28 Million | 4.60% | 1.62x | $2.84 |