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
DateValue
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