Matrix Service (MTRX) Deferred Taxes (2010 - 2022)

Matrix Service (MTRX) posted quarterly Deferred Taxes of $35000.0 for Q2 2022, up 106.04% year-over-year from $16986.6 in Q2 2021, and up 305.88% quarter-over-quarter from -$17000.0 in Q1 2022.

Matrix Service (MTRX) Deferred Taxes (2010 - 2022) Analysis & Trends

Matrix Service (MTRX) has reported Deferred Taxes for 13 consecutive years, with $35000.0 the latest figure, recorded in Q2 2022.

  • In Q2 2022, Deferred Taxes rose 106.04% year-over-year to $35000.0; the TTM figure through Mar 2023 stood at $35000.0 (down 99.26% YoY), while the FY2022 annual figure was $5.4 million, up 502.7% from the prior year.
  • Deferred Taxes climbed to $35000.0 in Q2 2022 per MTRX's latest filing, from -$17000.0 in the prior quarter.
  • Across five years, Deferred Taxes topped out at $10.7 million in Q4 2021 and bottomed at -$5.3 million in Q3 2021.
  • Historically, Deferred Taxes has averaged $101444.4 across 5 years, with a median of $9000.0 in 2022.
  • On a YoY basis, Deferred Taxes climbed as much as 1519.11% in 2021 and fell as far as 1948.79% in 2021.
  • Matrix Service's Deferred Taxes stood at -$445000.0 in 2018, then plunged by 1006.52% to -$4.9 million in 2019, then jumped by 78.7% to -$1.0 million in 2020, then surged by 1118.4% to $10.7 million in 2021, then plunged by 99.67% to $35000.0 in 2022.
  • Business Quant data shows MTRX's Deferred Taxes at $35000.0 in Q2 2022, -$17000.0 in Q1 2022, and $10.7 million in Q4 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (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 2.26 Mn
3 Ferrovial 47.62 Bn 42.63 Bn - -
4 Emcor 36.31 Bn 35.39 Bn 1.02 Bn -4.18 Mn
5 Mastec 20.38 Bn 20.19 Bn 556.28 Mn -4.31 Mn
6 Sterling Infrastructure 19.23 Bn 18.73 Bn 194.30 Mn 1.91 Mn
7 APi 17.20 Bn 16.35 Bn 703.00 Mn -
8 Jacobs Solutions 16.40 Bn 15.02 Bn 794.89 Mn 13.02 Mn
9 IES Holdings 15.99 Bn 15.73 Bn 340.66 Mn -8.01 Mn
10 Matrix Service 336.42 Mn 103.39 Mn 17.15 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2022 35,000.00
Mar 31, 2022 -17,000.00
Dec 31, 2021 10.68 Mn
Sep 30, 2021 -5.34 Mn
Jun 30, 2021 -579,000.00
Mar 31, 2021 2.23 Mn
Dec 31, 2020 -1.05 Mn
Sep 30, 2020 289,000.00
Jun 30, 2020 -539,000.00
Mar 31, 2020 -157,000.00
Dec 31, 2019 -4.92 Mn
Sep 30, 2019 1.99 Mn
Jun 30, 2019 490,000.00
Mar 31, 2019 1.65 Mn
Dec 31, 2018 -445,000.00
Sep 30, 2018 362,000.00
Jun 30, 2018 -3.83 Mn
Mar 31, 2018 989,000.00
Dec 31, 2017 -1.05 Mn
Sep 30, 2017 2.71 Mn