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
DateValue
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%