Matrix Service (MTRX) Interest Coverage Ratio (2010 - 2026)
Matrix Service (MTRX) posted quarterly Interest Coverage Ratio of 12.33 for Q1 2026, up 66.96% YoY from 7.38 in Q1 2025, and up 33.23% sequentially from 18.47 in Q4 2025.
Matrix Service (MTRX) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Matrix Service has disclosed Interest Coverage Ratio across 17 years of filings, most recently posting 12.33 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio rose 66.96% year-over-year to 12.33; the TTM figure through Mar 2026 stood at 45.07 (down 16.49% YoY), while the FY2025 annual figure was 67.7, down 154.04% from the prior year.
- Interest Coverage Ratio improved to 12.33 in Q1 2026, from 18.47 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for MTRX reached as high as 5.55 in Q2 2023 and fell as low as 174.21 in Q1 2022.
- The 5-year median for Interest Coverage Ratio is 37.31 (2025), against an average of 50.66.
- Annual changes were most pronounced in 2023 — Interest Coverage Ratio soared 92.48% — and 2024, when it plunged 648.34%.
- A 5-year view of Interest Coverage Ratio shows it stood at 35.42 in 2022, then jumped by 54.49% to 16.12 in 2023, then plunged by 173.57% to 44.1 in 2024, then surged by 58.12% to 18.47 in 2025, then surged by 33.23% to 12.33 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 12.33, 18.47, and 43.31 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (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 | 4.62 |
| 3 | Mastec | 30.47 Bn | 30.31 Bn | 477.90 Mn | 3.26 |
| 4 | Sterling Infrastructure | 23.80 Bn | 23.30 Bn | 194.30 Mn | 34.33 |
| 5 | APi | 18.02 Bn | 17.38 Bn | 620.00 Mn | 3.43 |
| 6 | Jacobs Solutions | 14.73 Bn | 13.35 Bn | 794.89 Mn | -1.98 |
| 7 | IES Holdings | 13.95 Bn | 13.69 Bn | 254.79 Mn | 73.32 |
| 8 | Aecom | 8.61 Bn | 7.78 Bn | 296.50 Mn | 4.90 |
| 9 | Everus Construction | 7.72 Bn | 7.42 Bn | 130.73 Mn | 16.81 |
| 10 | Matrix Service | 378.87 Mn | 145.85 Mn | 17.15 Mn | -12.33 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -12.33 |
| Dec 31, 2025 | -18.47 |
| Sep 30, 2025 | -43.31 |
| Jun 30, 2025 | -86.05 |
| Mar 31, 2025 | -37.31 |
| Dec 31, 2024 | -44.10 |
| Sep 30, 2024 | -120.98 |
| Jun 30, 2024 | -15.59 |
| Mar 31, 2024 | -100.49 |
| Dec 31, 2023 | -16.12 |
| Sep 30, 2023 | -16.17 |
| Jun 30, 2023 | -5.55 |
| Mar 31, 2023 | -47.61 |
| Dec 31, 2022 | -35.42 |
| Sep 30, 2022 | -13.68 |
| Jun 30, 2022 | -73.84 |
| Mar 31, 2022 | -174.21 |
| Dec 31, 2021 | -26.71 |
| Sep 30, 2021 | -10.38 |
| Jun 30, 2021 | -32.45 |