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
DateValue
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