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| 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 |