Matrix Service (MTRX) Construction in Progress (2011 - 2025)

Matrix Service (MTRX) posted quarterly Construction in Progress of $2.9 million for Q2 2025, down 42.02% YoY from $4.9 million in Q2 2024, and down 42.02% sequentially from $4.9 million in Q2 2024.

Matrix Service (MTRX) Construction in Progress (2011 - 2025) Analysis & Trends

Matrix Service has disclosed Construction in Progress across 15 years of filings, most recently posting $2.9 million for Q2 2025.

  • In Q2 2025, Construction in Progress fell 42.02% year-over-year to $2.9 million; the TTM figure through Jun 2025 stood at $2.9 million (down 42.02% YoY), while the FY2025 annual figure was $2.9 million, down 42.02% from the prior year.
  • Construction in Progress slipped to $2.9 million in Q2 2025, from $4.9 million in the prior quarter.
  • Over the last five years, Construction in Progress for MTRX reached as high as $4.9 million in Q2 2024 and fell as low as $84000.0 in Q2 2023.
  • The 5-year median for Construction in Progress is $922500.0 (2022), against an average of $1.5 million.
  • Annual changes were most pronounced in 2021 — Construction in Progress slumped 95.24% — and 2024, when it soared 5790.48%.
  • A 5-year view of Construction in Progress shows it stood at $282000.0 in 2021, then soared by 193.62% to $828000.0 in 2022, then plunged by 89.86% to $84000.0 in 2023, then soared by 5790.48% to $4.9 million in 2024, then tumbled by 42.02% to $2.9 million in 2025.
  • According to Business Quant data, Construction in Progress over the past three periods registered $2.9 million, $4.9 million, and $84000.0 for Q2 2025, Q2 2024, and Q2 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (Qtr)
1 Stantec 7,704.08 Bn 7,704.08 Bn 914.10 Mn -
2 Quanta Services 103.60 Bn 103.33 Bn 1.11 Bn -
3 Mastec 30.47 Bn 30.31 Bn 477.90 Mn -
4 Sterling Infrastructure 23.80 Bn 23.30 Bn 194.30 Mn -
5 APi 18.02 Bn 17.38 Bn 620.00 Mn -
6 Jacobs Solutions 14.73 Bn 13.35 Bn 794.89 Mn -
7 IES Holdings 13.95 Bn 13.69 Bn 254.79 Mn -
8 Aecom 8.61 Bn 7.78 Bn 296.50 Mn -
9 Everus Construction 7.72 Bn 7.42 Bn 130.73 Mn -
10 Matrix Service 378.87 Mn 145.85 Mn 17.15 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2025 2.87 Mn
Jun 30, 2024 4.95 Mn
Jun 30, 2023 84,000.00
Mar 31, 2023 3.16 Mn
Dec 31, 2022 828,000.00
Sep 30, 2022 1.02 Mn
Jun 30, 2022 1.65 Mn
Mar 31, 2022 564,000.00
Dec 31, 2021 282,000.00
Sep 30, 2021 126,000.00
Jun 30, 2021 493,000.00
Mar 31, 2021 2.22 Mn
Dec 31, 2020 2.07 Mn
Sep 30, 2020 2.65 Mn
Jun 30, 2020 4.43 Mn
Mar 31, 2020 7.32 Mn
Dec 31, 2019 8.63 Mn
Sep 30, 2019 7.56 Mn
Jun 30, 2019 7.62 Mn
Mar 31, 2019 5.86 Mn