Matrix Service (MTRX) Asset Writedowns and Impairment (2010 - 2024)
Matrix Service's (MTRX) quarterly Asset Writedowns and Impairment came in at $33000.0 in 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.
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Analysis
Matrix Service (MTRX) Asset Writedowns and Impairment (2010 - 2024) Analysis & Trends
Matrix Service (MTRX) has reported Asset Writedowns and Impairment for 15 consecutive years, with $33000.0 the latest figure, recorded in Q2 2024.
- On a quarterly basis, Asset Writedowns and Impairment fell 99.73% year-over-year to $33000.0 in Q2 2024; TTM through Jun 2024 was $24.7 million, a 0.49% change from a year earlier, with the FY2023 full-year figure at $12.3 million, down 32.74% from the prior year.
- Asset Writedowns and Impairment was $33000.0 for Q2 2024 at Matrix Service, down 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 $4.8 million and a median of $33000.0 in 2024 frame the typical range for Asset Writedowns and Impairment.
- Across the five-year window, Asset Writedowns and Impairment tumbled 2300.0% in 2022 and jumped 103058.33% in 2023, its largest moves.
- Over 5 years, Asset Writedowns and Impairment stood at -$64000.0 in 2020, then soared by 106.25% to $4000.0 in 2021, then soared by 307800.0% to $12.3 million in 2022, then rose by 0.51% to $12.4 million in 2023, then sank by 99.73% to $33000.0 in 2024.
- The last three Asset Writedowns and Impairment figures came in at $33000.0 (Q2 2024), $12.4 million (Q2 2023), and $12.3 million (Q4 2022), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ferrovial | 40.46 Bn | 37.11 Bn | - |
| 2 | Emcor | 34.53 Bn | 33.61 Bn | 1.02 Bn |
| 3 | Jacobs Solutions | 16.62 Bn | 15.43 Bn | 810.70 Mn |
| 4 | Sterling Infrastructure | 15.68 Bn | 15.25 Bn | 289.96 Mn |
| 5 | Aecom | 8.18 Bn | 7.37 Bn | -34.04 Mn |
| 6 | Stantec | 7.95 Bn | 7.95 Bn | 1.36 Bn |
| 7 | Fluor | 7.35 Bn | 4.40 Bn | 179.00 Mn |
| 8 | Argan | 5.81 Bn | 5.26 Bn | 74.22 Mn |
| 9 | Installed Building Products | 5.43 Bn | 5.03 Bn | 258.90 Mn |
| 10 | Matrix Service | 292.95 Mn | 69.98 Mn | 19.48 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 33,000.00 |
| Jun 30, 2023 | 12.38 Mn |
| Dec 31, 2022 | 12.32 Mn |
| Sep 30, 2022 | -88,000.00 |
| Jun 30, 2022 | 12,000.00 |
| Mar 31, 2022 | 18.34 Mn |
| Sep 30, 2021 | 4,000.00 |
| Jun 30, 2021 | 492,000.00 |
| Sep 30, 2020 | -64,000.00 |
| Dec 31, 2019 | 38.52 Mn |
| Sep 30, 2019 | 224,000.00 |
| Jun 30, 2019 | 110,000.00 |
| Sep 30, 2018 | 76,000.00 |
| Jun 30, 2018 | 17.99 Mn |
| Dec 31, 2017 | 5,000.00 |
| Sep 30, 2017 | 7,000.00 |
| Jun 30, 2017 | 848,000.00 |
| Mar 31, 2017 | 934,000.00 |
| Dec 31, 2016 | -88,000.00 |
| Sep 30, 2016 | 54,000.00 |