Matrix Service (MTRX) Asset Writedowns and Impairment (2010 - 2024)

Matrix Service (MTRX) reported Asset Writedowns and Impairment of $33000.0 for Q2 2024, down 99.73% year-over-year from $12.4 million in Q3 2023, and down 99.73% quarter-over-quarter from $12.4 million in Q2 2023.

Matrix Service (MTRX) Asset Writedowns and Impairment (2010 - 2024) Analysis & Trends

Matrix Service (MTRX) has 15 years of Asset Writedowns and Impairment data on file, last reported at $33000.0 in Q2 2024.

  • Asset Writedowns and Impairment for Q2 2024 came in at $33000.0, down 99.73% year-over-year; the trailing twelve-month figure through Jun 2024 was $24.7 million (changed 0.49% YoY), and the FY2023 annual result was $12.3 million, down 32.74% from the prior year.
  • Asset Writedowns and Impairment declined to $33000.0 in Q2 2024 per MTRX's latest filing, from $12.4 million in the prior quarter.
  • Over five years, Asset Writedowns and Impairment peaked at $18.3 million in Q1 2022 and troughed at -$88000.0 in Q3 2022.
  • A 5-year average of $4.7 million and a median of $275500.0 in 2021 frame the typical range for Asset Writedowns and Impairment.
  • The sharpest annual moves came in 2022 and 2023: Asset Writedowns and Impairment slumped 2300.0% in 2022, then jumped 309575.0% in 2023.
  • A 5-year view of Asset Writedowns and Impairment shows it stood at -$64000.0 in 2020, then jumped by 106.25% to $4000.0 in 2021, then jumped by 307800.0% to $12.3 million in 2022, then gained by 0.51% to $12.4 million in 2023, then plunged by 99.73% to $33000.0 in 2024.
  • Business Quant data shows MTRX's Asset Writedowns and Impairment at $33000.0 in Q2 2024, $12.4 million in Q2 2023, and $12.3 million in Q4 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Quanta Services 103.56 Bn 103.29 Bn 1.11 Bn
2 Comfort Systems Usa 64.33 Bn 63.28 Bn 754.41 Mn
3 Emcor 36.81 Bn 35.90 Bn 863.95 Mn
4 Mastec 27.54 Bn 27.38 Bn 477.90 Mn
5 Sterling Infrastructure 25.78 Bn 25.28 Bn 194.30 Mn
6 APi 18.83 Bn 18.18 Bn 620.00 Mn
7 Jacobs Solutions 14.81 Bn 13.43 Bn 794.89 Mn
8 IES Holdings 14.35 Bn 14.09 Bn 254.79 Mn
9 Dycom Industries 13.61 Bn 12.90 Bn -
10 Matrix Service 377.17 Mn 144.15 Mn 17.15 Mn

Historic Data

Download Data
DateValue
Jun 30, 2024 33,000.00
Jun 30, 2024 33,000.00
Jun 30, 2023 12.38 Mn
Jun 30, 2023 12.38 Mn
Dec 31, 2022 12.32 Mn
Dec 31, 2022 12.32 Mn
Sep 30, 2022 -88,000.00
Sep 30, 2022 -88,000.00
Jun 30, 2022 -4,000.00
Jun 30, 2022 -4,000.00
Mar 31, 2022 18.31 Mn
Mar 31, 2022 18.31 Mn
Sep 30, 2021 4,000.00
Sep 30, 2021 4,000.00
Jun 30, 2021 518,000.00
Jun 30, 2021 518,000.00
Sep 30, 2020 -64,000.00
Sep 30, 2020 -64,000.00
Jun 30, 2020 3.92 Mn
Jun 30, 2020 3.92 Mn