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% year-over-year from 7.38 in Q1 2025, and up 33.23% quarter-over-quarter from 18.47 in Q4 2025.
Matrix Service (MTRX) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Matrix Service (MTRX) has reported Interest Coverage Ratio for 17 consecutive years, with 12.33 the latest figure, recorded in 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 40.36 (down 692.04% YoY), while the FY2025 annual figure was 0.63, down 2.85% from the prior year.
- Interest Coverage Ratio rose to 12.33 in Q1 2026 per MTRX's latest filing, from 18.47 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 0.16 in Q3 2022 and bottomed at 100.49 in Q1 2024.
- Historically, Interest Coverage Ratio has averaged 29.12 across 5 years, with a median of 16.12 in 2023.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio jumped 95.65% — and 2023, when it slumped 8148.47%.
- Matrix Service's Interest Coverage Ratio stood at 7.64 in 2022, then plunged by 110.97% to 16.12 in 2023, then tumbled by 173.57% to 44.1 in 2024, then soared by 58.12% to 18.47 in 2025, then soared by 33.23% to 12.33 in 2026.
- Business Quant data shows MTRX's Interest Coverage Ratio at 12.33 in Q1 2026, 18.47 in Q4 2025, and 41.98 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 102.18 Bn | 101.77 Bn | 1.55 Bn | 9.45 |
| 2 | Comfort Systems Usa | 72.82 Bn | 70.97 Bn | 844.23 Mn | 1.34 |
| 3 | Ferrovial | 47.62 Bn | 42.63 Bn | - | - |
| 4 | Emcor | 36.31 Bn | 35.39 Bn | 1.02 Bn | 810.87 |
| 5 | Mastec | 20.38 Bn | 20.19 Bn | 556.28 Mn | 4.87 |
| 6 | Sterling Infrastructure | 19.23 Bn | 18.73 Bn | 194.30 Mn | 2.15 |
| 7 | APi | 17.20 Bn | 16.35 Bn | 703.00 Mn | 1.67 |
| 8 | Jacobs Solutions | 16.40 Bn | 15.02 Bn | 794.89 Mn | -1.07 |
| 9 | IES Holdings | 15.99 Bn | 15.73 Bn | 340.66 Mn | 177.31 |
| 10 | Matrix Service | 336.42 Mn | 103.39 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 | -41.98 |
| Jun 30, 2025 | -63.90 |
| Mar 31, 2025 | -37.31 |
| Dec 31, 2024 | -44.10 |
| Sep 30, 2024 | -74.26 |
| Jun 30, 2024 | -1.07 |
| Mar 31, 2024 | -100.49 |
| Dec 31, 2023 | -16.12 |
| Sep 30, 2023 | -13.51 |
| Jun 30, 2023 | -7.44 |
| Mar 31, 2023 | -47.61 |
| Dec 31, 2022 | -7.64 |
| Sep 30, 2022 | -0.16 |
| Jun 30, 2022 | -7.00 |
| Mar 31, 2022 | -1.62 |
| Dec 31, 2021 | -0.94 |
| Sep 30, 2021 | -3.76 |
| Jun 30, 2021 | -4.09 |