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
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