Matrix Service (MTRX) Interest Coverage Ratio (2010 - 2026)
Matrix Service (MTRX) reported 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 17 years of Interest Coverage Ratio data on file, last reported at 12.33 in Q1 2026.
- Interest Coverage Ratio for Q1 2026 came in at 12.33, up 66.96% year-over-year; the trailing twelve-month figure through Mar 2026 was 45.07 (down 16.49% YoY), and the FY2025 annual result was 67.7, down 154.04% from the prior year.
- Interest Coverage Ratio advanced to 12.33 in Q1 2026 per MTRX's latest filing, from 18.47 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 5.55 in Q2 2023 and troughed at 174.21 in Q1 2022.
- A 5-year average of 50.66 and a median of 37.31 in 2025 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2023 and 2024: Interest Coverage Ratio soared 92.48% in 2023, then slumped 648.34% in 2024.
- 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 slumped 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.
- Business Quant data shows MTRX's Interest Coverage Ratio at 12.33 in Q1 2026, 18.47 in Q4 2025, and 43.31 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 103.56 Bn | 103.29 Bn | 1.11 Bn | 4.62 |
| 2 | Comfort Systems Usa | 64.33 Bn | 63.28 Bn | 754.41 Mn | 223.01 |
| 3 | Emcor | 36.81 Bn | 35.90 Bn | 863.95 Mn | - |
| 4 | Mastec | 27.54 Bn | 27.38 Bn | 477.90 Mn | 3.26 |
| 5 | Sterling Infrastructure | 25.78 Bn | 25.28 Bn | 194.30 Mn | 34.33 |
| 6 | APi | 18.83 Bn | 18.18 Bn | 620.00 Mn | 3.43 |
| 7 | Jacobs Solutions | 14.81 Bn | 13.43 Bn | 794.89 Mn | -1.98 |
| 8 | IES Holdings | 14.35 Bn | 14.09 Bn | 254.79 Mn | 73.32 |
| 9 | Dycom Industries | 13.61 Bn | 12.90 Bn | - | - |
| 10 | Matrix Service | 377.17 Mn | 144.15 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 |