Matrix Service (MTRX) Operating Margin (2010 - 2026)

Matrix Service (MTRX) posted quarterly 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 reported Operating Margin for 17 consecutive years, with 0.51% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Margin rose 199.0% year-over-year to 0.51%; the TTM figure through Mar 2026 stood at 2.56% (up 115.0% YoY), while the FY2025 annual figure was 4.56%, down 42.0% from the prior year.
  • Operating Margin climbed to 0.51% in Q1 2026 per MTRX's latest filing, from 1.04% in the prior quarter.
  • Across five years, Operating Margin topped out at 0.51% in Q1 2026 and bottomed at 20.08% in Q1 2022.
  • Historically, Operating Margin has averaged 5.65% across 5 years, with a median of 2.94% in 2023.
  • Annual changes were most pronounced in 2022 — Operating Margin slumped 846 bps — and 2023, when it soared 1380 bps.
  • Matrix Service's Operating Margin stood at 16.74% in 2022, then surged by 82 bps to 2.94% in 2023, then decreased by 16 bps to 3.42% in 2024, then jumped by 70 bps to 1.04% in 2025, then surged 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 102.18 Bn 101.77 Bn 1.55 Bn 7.27%
2 Comfort Systems Usa 72.82 Bn 70.97 Bn 844.23 Mn 17.09%
3 Ferrovial 47.62 Bn 42.63 Bn - -
4 Emcor 36.31 Bn 35.39 Bn 1.02 Bn 10.62%
5 Mastec 20.38 Bn 20.19 Bn 556.28 Mn 5.17%
6 Sterling Infrastructure 19.23 Bn 18.73 Bn 194.30 Mn 16.69%
7 APi 17.20 Bn 16.35 Bn 703.00 Mn 7.76%
8 Jacobs Solutions 16.40 Bn 15.02 Bn 794.89 Mn -2.20%
9 IES Holdings 15.99 Bn 15.73 Bn 340.66 Mn 14.37%
10 Matrix Service 336.42 Mn 103.39 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%