Matrix Service (MTRX) Restructuring Costs (2020 - 2023)
Matrix Service (MTRX) posted quarterly Restructuring Costs of $261000.0 for Q2 2023, down 71.75% year-over-year from $924000.0 in Q2 2022, and down 17.41% quarter-over-quarter from $316000.0 in Q1 2023.
Matrix Service (MTRX) Restructuring Costs (2020 - 2023) Analysis & Trends
Matrix Service (MTRX) has reported Restructuring Costs for 4 consecutive years, with $261000.0 the latest figure, recorded in Q2 2023.
- In Q2 2023, Restructuring Costs fell 71.75% year-over-year to $261000.0; the TTM figure through Mar 2024 stood at $261000.0 (down 93.14% YoY), while the FY2023 annual figure was $3.1 million, up 386.38% from the prior year.
- Restructuring Costs declined to $261000.0 in Q2 2023 per MTRX's latest filing, from $316000.0 in the prior quarter.
- Across five years, Restructuring Costs topped out at $14.0 million in Q2 2020 and bottomed at -$1.6 million in Q1 2022.
- Historically, Restructuring Costs has averaged $2.2 million across 4 years, with a median of $809500.0 in 2021.
- On a YoY basis, Restructuring Costs climbed as much as 440.35% in 2022 and fell as far as 184.84% in 2022.
- Matrix Service's Restructuring Costs stood at $5.0 million in 2020, then plunged by 86.22% to $695000.0 in 2021, then soared by 83.88% to $1.3 million in 2022, then sank by 79.58% to $261000.0 in 2023.
- Business Quant data shows MTRX's Restructuring Costs at $261000.0 in Q2 2023, $316000.0 in Q1 2023, and $1.3 million in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Quanta Services | 102.18 Bn | 101.77 Bn | 1.55 Bn |
| 2 | Comfort Systems Usa | 72.82 Bn | 70.97 Bn | 844.23 Mn |
| 3 | Ferrovial | 47.62 Bn | 42.63 Bn | - |
| 4 | Emcor | 36.31 Bn | 35.39 Bn | 1.02 Bn |
| 5 | Mastec | 20.38 Bn | 20.19 Bn | 556.28 Mn |
| 6 | Sterling Infrastructure | 19.23 Bn | 18.73 Bn | 194.30 Mn |
| 7 | APi | 17.20 Bn | 16.35 Bn | 703.00 Mn |
| 8 | Jacobs Solutions | 16.40 Bn | 15.02 Bn | 794.89 Mn |
| 9 | IES Holdings | 15.99 Bn | 15.73 Bn | 340.66 Mn |
| 10 | Matrix Service | 336.42 Mn | 103.39 Mn | 17.15 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 261,000.00 |
| Mar 31, 2023 | 316,000.00 |
| Dec 31, 2022 | 1.28 Mn |
| Sep 30, 2022 | 1.29 Mn |
| Jun 30, 2022 | 924,000.00 |
| Mar 31, 2022 | -1.58 Mn |
| Dec 31, 2021 | 695,000.00 |
| Sep 30, 2021 | 605,000.00 |
| Jun 30, 2021 | 171,000.00 |
| Mar 31, 2021 | 1.86 Mn |
| Dec 31, 2020 | 5.05 Mn |
| Sep 30, 2020 | -320,000.00 |
| Jun 30, 2020 | 14.01 Mn |
| Mar 31, 2020 | 6.56 Mn |