Matrix Service (MTRX) Operating Margin (2010 - 2026)
Matrix Service (MTRX) reported Operating Margin of 0.51% for Q1 2026, up 199.0% year-over-year from 0.17% in Q1 2025, and up 51.02% quarter-over-quarter from 1.04% in Q4 2025.
Matrix Service (MTRX) Operating Margin (2010 - 2026) Analysis & Trends
Matrix Service (MTRX) has 17 years of Operating Margin data on file, last reported at 0.51% in Q1 2026.
- Operating Margin for Q1 2026 came in at 0.51%, up 199.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 2.56% (up 115.0% YoY), and the FY2025 annual result was 4.56%, down 42.0% from the prior year.
- Operating Margin rose to 0.51% in Q1 2026 per MTRX's latest filing, from 1.04% in the prior quarter.
- Over five years, Operating Margin peaked at 0.51% in Q1 2026 and troughed at 20.08% in Q1 2022.
- A 5-year average of 5.65% and a median of 2.94% in 2023 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2022 and 2023: Operating Margin slumped 846 bps in 2022, then soared 1380 bps in 2023.
- A 5-year view of Operating Margin shows it stood at 16.74% in 2022, then jumped by 82 bps to 2.94% in 2023, then retreated by 16 bps to 3.42% in 2024, then soared by 70 bps to 1.04% in 2025, then jumped by 51 bps to 0.51% in 2026.
- Business Quant data shows MTRX's Operating Margin at 0.51% in Q1 2026, 1.04% in Q4 2025, and 2.6% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 103.56 Bn | 103.29 Bn | 1.11 Bn | 4.30% |
| 2 | Comfort Systems Usa | 64.33 Bn | 63.28 Bn | 754.41 Mn | 16.95% |
| 3 | Emcor | 36.81 Bn | 35.90 Bn | 863.95 Mn | 8.73% |
| 4 | Mastec | 27.54 Bn | 27.38 Bn | 477.90 Mn | 3.70% |
| 5 | Sterling Infrastructure | 25.78 Bn | 25.28 Bn | 194.30 Mn | 16.69% |
| 6 | APi | 18.83 Bn | 18.18 Bn | 620.00 Mn | 5.20% |
| 7 | Jacobs Solutions | 14.81 Bn | 13.43 Bn | 794.89 Mn | -2.20% |
| 8 | IES Holdings | 14.35 Bn | 14.09 Bn | 254.79 Mn | 11.52% |
| 9 | Dycom Industries | 13.61 Bn | 12.90 Bn | - | - |
| 10 | Matrix Service | 377.17 Mn | 144.15 Mn | 17.15 Mn | -0.51% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.51% |
| Dec 31, 2025 | -1.04% |
| Sep 30, 2025 | -2.60% |
| Jun 30, 2025 | -5.97% |
| Mar 31, 2025 | -2.50% |
| Dec 31, 2024 | -3.42% |
| Sep 30, 2024 | -6.50% |
| Jun 30, 2024 | -2.82% |
| Mar 31, 2024 | -8.66% |
| Dec 31, 2023 | -2.94% |
| Sep 30, 2023 | -2.66% |
| Jun 30, 2023 | -1.26% |
| Mar 31, 2023 | -6.83% |
| Dec 31, 2022 | -16.74% |
| Sep 30, 2022 | -2.44% |
| Jun 30, 2022 | -9.05% |
| Mar 31, 2022 | -20.08% |
| Dec 31, 2021 | -8.28% |
| Sep 30, 2021 | -12.34% |
| Jun 30, 2021 | -9.35% |