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

Matrix Service (MTRX) has reported Asset Writedowns and Impairment for 15 consecutive years, with $33000.0 the latest figure, recorded in Q2 2024.

• In Q2 2024, Asset Writedowns and Impairment fell 99.73% year-over-year to $33000.0; the TTM figure through Jun 2024 stood at $24.7 million (changed 0.13% YoY), while the FY2023 annual figure was $12.3 million, up 711.33% from the prior year.
• Asset Writedowns and Impairment slipped to $33000.0 in Q2 2024 per MTRX's latest filing, from $12.4 million in the prior quarter.
• Across five years, Asset Writedowns and Impairment topped out at $18.3 million in Q1 2022 and bottomed at -$16.8 million in Q2 2022.
• Historically, Asset Writedowns and Impairment has averaged $3.8 million across 5 years, with a median of $2.0 million in 2020.
• Annual changes were most pronounced in 2023 — Asset Writedowns and Impairment surged 173.76% — and 2024, when it tumbled 99.73%.
• Matrix Service's Asset Writedowns and Impairment stood at -$64000.0 in 2020, then surged by 106.25% to $4000.0 in 2021, then surged by 307800.0% to $12.3 million in 2022, then advanced by 0.51% to $12.4 million in 2023, then sank 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.