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% year-over-year from $4.9 million in Q2 2024, and down 42.02% quarter-over-quarter from $4.9 million in Q2 2024.
Matrix Service (MTRX) Construction in Progress (2011 - 2025) Analysis & Trends
Matrix Service (MTRX) has reported Construction in Progress for 15 consecutive years, with $2.9 million the latest figure, recorded in 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 eased to $2.9 million in Q2 2025 per MTRX's latest filing, from $4.9 million in the prior quarter.
- Across five years, Construction in Progress topped out at $4.9 million in Q2 2024 and bottomed at $84000.0 in Q2 2023.
- Historically, Construction in Progress has averaged $1.5 million across 5 years, with a median of $922500.0 in 2022.
- Annual changes were most pronounced in 2021 — Construction in Progress plunged 95.24% — and 2024, when it soared 5790.48%.
- Matrix Service's Construction in Progress stood at $282000.0 in 2021, then jumped by 193.62% to $828000.0 in 2022, then tumbled by 89.86% to $84000.0 in 2023, then jumped by 5790.48% to $4.9 million in 2024, then slumped by 42.02% to $2.9 million in 2025.
- Business Quant data shows MTRX's Construction in Progress at $2.9 million in Q2 2025, $4.9 million in Q2 2024, and $84000.0 in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 102.18 Bn | 101.77 Bn | 1.55 Bn | - |
| 2 | Comfort Systems Usa | 72.82 Bn | 70.97 Bn | 844.23 Mn | - |
| 3 | Ferrovial | 47.62 Bn | 42.63 Bn | - | - |
| 4 | Emcor | 36.31 Bn | 35.39 Bn | 1.02 Bn | - |
| 5 | Mastec | 20.38 Bn | 20.19 Bn | 556.28 Mn | - |
| 6 | Sterling Infrastructure | 19.23 Bn | 18.73 Bn | 194.30 Mn | - |
| 7 | APi | 17.20 Bn | 16.35 Bn | 703.00 Mn | - |
| 8 | Jacobs Solutions | 16.40 Bn | 15.02 Bn | 794.89 Mn | - |
| 9 | IES Holdings | 15.99 Bn | 15.73 Bn | 340.66 Mn | - |
| 10 | Matrix Service | 336.42 Mn | 103.39 Mn | 17.15 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |