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| Date | Value |
|---|---|
| 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 |