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
DateValue
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