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Matrix Service (MTRX) Restructuring Costs (2020 - 2023)

Matrix Service (MTRX) has disclosed Restructuring Costs for 4 consecutive years, with $24.6 million as the latest value for Q2 2023.

  • Quarterly Restructuring Costs rose 14.67% to $24.6 million in Q2 2023 from the year-ago period, while the trailing twelve-month figure was $24.6 million through Mar 2024, up 1.07% year-over-year, with the annual reading at $3.1 million for FY2023, 386.38% up from the prior year.
  • Restructuring Costs for Q2 2023 was $24.6 million at Matrix Service, up from $316000.0 in the prior quarter.
  • The five-year high for Restructuring Costs was $24.6 million in Q2 2023, with the low at -$1.6 million in Q1 2022.
  • Average Restructuring Costs over 4 years is $6.9 million, with a median of $1.6 million recorded in 2021.
  • The sharpest move saw Restructuring Costs skyrocketed 289.06% in 2021, then tumbled 184.84% in 2022.
  • Over 4 years, Restructuring Costs stood at $5.0 million in 2020, then tumbled by 86.22% to $695000.0 in 2021, then skyrocketed by 83.88% to $1.3 million in 2022, then soared by 1821.28% to $24.6 million in 2023.
  • According to Business Quant data, Restructuring Costs over the past three periods came in at $24.6 million, $316000.0, and $1.3 million for Q2 2023, Q1 2023, and Q4 2022 respectively.