Matrix Service (MTRX) Operating Leases (2019 - 2026)
Matrix Service (MTRX) reported Operating Leases of $14.1 million for Q1 2026, down 19.64% year-over-year from $17.6 million in Q1 2025, and down 5.26% quarter-over-quarter from $14.9 million in Q4 2025.
Matrix Service (MTRX) Operating Leases (2019 - 2026) Analysis & Trends
Matrix Service (MTRX) has 8 years of Operating Leases data on file, last reported at $14.1 million in Q1 2026.
- Operating Leases for Q1 2026 came in at $14.1 million, down 19.64% year-over-year; the trailing twelve-month figure through Mar 2026 was $14.1 million (down 19.64% YoY), and the FY2025 annual result was $17.0 million, down 11.33% from the prior year.
- Operating Leases declined to $14.1 million in Q1 2026 per MTRX's latest filing, from $14.9 million in the prior quarter.
- Over five years, Operating Leases peaked at $22.7 million in Q4 2022 and troughed at $14.1 million in Q1 2026.
- A 5-year average of $18.6 million and a median of $19.1 million in 2024 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2023 and 2026: Operating Leases rose 10.68% in 2023, then declined 19.64% in 2026.
- A 5-year view of Operating Leases shows it stood at $22.7 million in 2022, then slipped by 17.87% to $18.7 million in 2023, then retreated by 2.47% to $18.2 million in 2024, then fell by 18.14% to $14.9 million in 2025, then decreased by 5.26% to $14.1 million in 2026.
- Business Quant data shows MTRX's Operating Leases at $14.1 million in Q1 2026, $14.9 million in Q4 2025, and $15.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Quanta Services | 103.56 Bn | 103.29 Bn | 1.11 Bn |
| 2 | Comfort Systems Usa | 64.33 Bn | 63.28 Bn | 754.41 Mn |
| 3 | Emcor | 36.81 Bn | 35.90 Bn | 863.95 Mn |
| 4 | Mastec | 27.54 Bn | 27.38 Bn | 477.90 Mn |
| 5 | Sterling Infrastructure | 25.78 Bn | 25.28 Bn | 194.30 Mn |
| 6 | APi | 18.83 Bn | 18.18 Bn | 620.00 Mn |
| 7 | Jacobs Solutions | 14.81 Bn | 13.43 Bn | 794.89 Mn |
| 8 | IES Holdings | 14.35 Bn | 14.09 Bn | 254.79 Mn |
| 9 | Dycom Industries | 13.61 Bn | 12.90 Bn | - |
| 10 | Matrix Service | 377.17 Mn | 144.15 Mn | 17.15 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 14.11 Mn |
| Dec 31, 2025 | 14.89 Mn |
| Sep 30, 2025 | 15.90 Mn |
| Jun 30, 2025 | 16.99 Mn |
| Mar 31, 2025 | 17.56 Mn |
| Dec 31, 2024 | 18.19 Mn |
| Sep 30, 2024 | 19.15 Mn |
| Jun 30, 2024 | 19.16 Mn |
| Mar 31, 2024 | 17.95 Mn |
| Dec 31, 2023 | 18.66 Mn |
| Sep 30, 2023 | 19.95 Mn |
| Jun 30, 2023 | 20.66 Mn |
| Mar 31, 2023 | 21.73 Mn |
| Dec 31, 2022 | 22.71 Mn |
| Sep 30, 2022 | 19.70 Mn |
| Jun 30, 2022 | 19.90 Mn |
| Mar 31, 2022 | 19.63 Mn |
| Dec 31, 2021 | 24.29 Mn |
| Sep 30, 2021 | 19.95 Mn |
| Jun 30, 2021 | 20.77 Mn |