Matrix Service Company (MTRX) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 412.03M | 450.01M | 410.41M | 419.77M | 443.81M | 343.92M | 308.89M | 301.59M | 293.17M | 267.31M | 245.05M | 262.26M | 284.76M | 294.48M | 260.6M | 287.41M | 246.14M | 254.74M | 250.28M | 291.22M |
| Cash & Short-Term Investments | 233.02M | 198.96M | 192.31M | 224.64M | 185.54M | 156.78M | 124.61M | 115.61M | 69.66M | 47.16M | 27.36M | 54.81M | 48.2M | 31.46M | 14.34M | 52.37M | 34.09M | 67.64M | 37.28M | 83.88M |
| Cash Only | 233.02M | 198.96M | 192.31M | 224.64M | 185.54M | 156.78M | 124.61M | 115.61M | 69.66M | 47.16M | 27.36M | 54.81M | 48.2M | 31.46M | 14.34M | 52.37M | 34.09M | 67.64M | 37.28M | 83.88M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 163.96M | 231.23M | 198.33M | 184.87M | 244.06M | 169.62M | 164.54M | 173.06M | 207.85M | 199.06M | 195.16M | 191.15M | 217.36M | 242.19M | 222.5M | 212.18M | 197.82M | 172.34M | 195.5M | 165M |
| Days Sales Outstanding | 86.03 | 93.87 | 83.19 | 90.2 | 93 | 82.12 | 93.79 | 91.46 | 111.52 | 103.6 | 89.9 | 90.29 | 110.65 | 110.27 | 95.93 | 92.94 | 94.11 | 104.47 | 98.65 | 96.91 |
| Inventory | 6.01M | 6.86M | 5.58M | 5.92M | 6.39M | 7.16M | 7.51M | 8.84M | 9.06M | 8.44M | 9.15M | 7.44M | 8.03M | 7.98M | 8.38M | 9.97M | 6.91M | 6.3M | 6.31M | 7.34M |
| Days Inventory Outstanding | 3.06 | 2.9 | 2.67 | 2.69 | 3.25 | 3.83 | 4.77 | 4.6 | 4.96 | 4.92 | 4.11 | 3.68 | 3.95 | 3.86 | 4.32 | 3.84 | 3.32 | 3.65 | 3.66 | 3.56 |
| Other Current Assets | 9.04M | 12.96M | 14.2M | 4.35M | 7.82M | 0 | 0 | 12K | 0 | 4.18M | 3.23M | 3.12M | 4.8M | 4.75M | 5.55M | 8.87M | 7.32M | 8.46M | 11.18M | 35M |
| Total Non-Current Assets | 204.52M | 200.19M | 187.77M | 180.48M | 169.93M | 169.92M | 161.26M | 149.76M | 146.84M | 137.52M | 137.23M | 138.25M | 141.18M | 143.64M | 150.31M | 153.38M | 166.94M | 185.83M | 200M | 176.34M |
| Property, Plant & Equipment | 51.28M | 0 | 57.17M | 59.92M | 60.05M | 59.55M | 62.4M | 62.65M | 62.62M | 61.48M | 65.67M | 69.34M | 73.43M | 74.62M | 72.84M | 75.94M | 81.29M | 83.15M | 87.31M | 91.82M |
| Fixed Asset Turnover | 4.03x | - | 3.62x | 3.61x | 3.35x | 3.07x | 2.65x | 3.03x | 2.68x | 2.75x | 2.93x | 2.88x | 2.52x | 2.63x | 2.80x | 2.55x | 2.15x | 1.90x | 1.88x | 1.88x |
| Goodwill | 28.93M | 28.99M | 28.98M | 29.05M | 28.89M | 28.88M | 29.08M | 29.02M | 29.06M | 29.13M | 29.05M | 29.12M | 29.71M | 29.73M | 41.92M | 42.13M | 42.24M | 60.55M | 60.54M | 60.64M |
| Intangible Assets | 12K | 51K | 281K | 555K | 829K | 1.1M | 1.38M | 1.65M | 1.93M | 2.2M | 2.63M | 3.07M | 3.5M | 3.93M | 4.36M | 4.8M | 5.23M | 5.66M | 6.09M | 6.61M |
| Long-Term Investments | 25M | 25M | 25M | 86.5M | 0 | 25M | 25M | 53.6M | 25M | 0 | 0 | 0 | 0 | 34M | 29.9M | 0 | 27.8M | 27.1M | 27.6M | 0 |
| Other Non-Current Assets | 99.29M | 146.15M | 76.34M | 4.46M | 80.17M | 55.38M | 43.41M | 2.84M | 28.23M | 44.71M | 39.87M | 36.72M | 34.54M | 1.35M | 1.28M | 30.51M | 10.38M | 9.37M | 7.77M | 11.97M |
| Total Assets | 616.55M | 650.2M | 598.19M | 600.26M | 613.74M | 513.85M | 470.16M | 451.35M | 440M | 404.83M | 382.28M | 400.5M | 425.95M | 438.12M | 410.91M | 440.79M | 413.08M | 440.56M | 450.28M | 467.56M |
| Asset Turnover | 0.33x | 0.34x | 0.35x | 0.36x | 0.36x | 0.38x | 0.36x | 0.43x | 0.39x | 0.44x | 0.51x | 0.50x | 0.43x | 0.46x | 0.49x | 0.47x | 0.41x | 0.36x | 0.37x | 0.37x |
| Asset Growth % | 0.46% | 26.54% | 27.23% | 32.99% | 39.48% | 26.93% | 22.99% | 12.7% | 3.3% | -7.6% | -6.97% | -9.14% | 3.11% | -0.56% | -8.74% | -5.72% | -12.42% | -8.2% | -12.09% | -9.62% |
| Total Current Liabilities | 460.2M | 495.14M | 443.45M | 436.38M | 442.22M | 341.1M | 292.15M | 265.12M | 252.25M | 205.06M | 171.41M | 187.53M | 208.41M | 208.55M | 154.6M | 177.78M | 180.18M | 173.93M | 154.28M | 153.4M |
| Accounts Payable | 90.14M | 87.98M | 98.2M | 80.45M | 79.05M | 79.98M | 61.67M | 65.63M | 55.19M | 61.89M | 74.09M | 76.36M | 65.52M | 80.56M | 68.56M | 74.89M | 68.16M | 55.95M | 65.97M | 60.92M |
| Days Payables Outstanding | 42.28 | 43.39 | 41.57 | 34.85 | 38.2 | 36.96 | 37.12 | 31.05 | 33.2 | 38.04 | 37.25 | 33.77 | 36.02 | 35.15 | 33.76 | 32.57 | 31.24 | 35.33 | 34.02 | 29.16 |
| Short-Term Debt | 4.58M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.53M | 4.89M | 0 | 4.93M | 5.36M | 5.57M | 0 |
| Deferred Revenue (Current) | 340.7M | 382.9M | 317.56M | 323.59M | 332.66M | 237.54M | 204.61M | 171.31M | 167.66M | 117.27M | 73.13M | 85.44M | 114.73M | 99.76M | 53.29M | 65.11M | 73.87M | 84.86M | 50.97M | 53.83M |
| Other Current Liabilities | 8.5M | 0 | 7.83M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11.34M | 11.22M | 0 | 10.15M | 11.79M | 11.54M | 0 |
| Current Ratio | 0.90x | 0.91x | 0.93x | 0.96x | 1.00x | 1.01x | 1.06x | 1.14x | 1.16x | 1.30x | 1.43x | 1.40x | 1.37x | 1.41x | 1.69x | 1.62x | 1.37x | 1.46x | 1.62x | 1.90x |
| Quick Ratio | 0.88x | 0.89x | 0.91x | 0.95x | 0.99x | 0.99x | 1.03x | 1.10x | 1.13x | 1.26x | 1.38x | 1.36x | 1.33x | 1.37x | 1.63x | 1.56x | 1.33x | 1.43x | 1.58x | 1.85x |
| Cash Conversion Cycle | 46.8 | 53.38 | 44.3 | 58.04 | 58.05 | 48.99 | 61.44 | 65.01 | 83.28 | 70.48 | 56.76 | 60.2 | 78.57 | 78.98 | 66.49 | 64.22 | 66.19 | 72.8 | 68.3 | 71.31 |
| Total Non-Current Liabilities | 16.93M | 17.5M | 18.46M | 21.16M | 20.81M | 20.81M | 21.49M | 22.05M | 21.95M | 20.86M | 31.75M | 31.48M | 37.53M | 38.11M | 35.06M | 35.3M | 20.06M | 21.02M | 27.7M | 28.61M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19.16M | 0 | 0 | 10M | 10M | 15M | 15M | 15M | 15M | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 14.11M | 14.89M | 15.9M | 16.99M | 17.56M | 18.19M | 19.15M | 19.16M | 17.95M | 18.66M | 19.95M | 20.66M | 21.73M | 22.71M | 19.7M | 19.9M | 19.63M | 18.93M | 19.95M | 20.77M |
| Deferred Tax Liabilities | 150K | 152K | 24K | 25K | 23K | 23K | 25K | 25K | 25K | 26K | 25K | 26K | 26K | 27K | 23K | 26K | 32K | 33K | 29K | 34K |
| Other Non-Current Liabilities | 2.67M | 2.45M | 2.54M | 4.15M | 3.22M | 2.6M | 2.31M | -16.28M | -13.96M | 2.18M | 1.78M | 799K | 782K | 374K | 342K | 372K | 401K | 2.07M | 7.72M | 7.81M |
| Total Liabilities | 477.13M | 512.64M | 461.92M | 457.54M | 463.03M | 361.91M | 313.64M | 287.17M | 274.2M | 225.92M | 203.16M | 219.02M | 245.94M | 246.67M | 189.66M | 213.09M | 200.24M | 194.95M | 181.98M | 182.02M |
| Total Debt | 18.69M | 19.39M | 20.36M | 21.43M | 21.47M | 21.98M | 22.93M | 22.89M | 21.57M | 22.64M | 34.23M | 35.32M | 41.33M | 42.25M | 39.59M | 40.62M | 24.56M | 24.29M | 25.52M | 26.52M |
| Net Debt | -214.33M | -179.57M | -171.95M | -203.21M | -164.07M | -134.8M | -101.68M | -92.72M | -48.09M | -24.52M | 6.87M | -19.49M | -6.87M | 10.78M | 25.25M | -11.75M | -9.53M | -43.35M | -11.76M | -57.36M |
| Debt / Equity | 0.13x | 0.14x | 0.15x | 0.15x | 0.14x | 0.14x | 0.15x | 0.14x | 0.13x | 0.13x | 0.19x | 0.19x | 0.23x | 0.22x | 0.18x | 0.18x | 0.12x | 0.10x | 0.10x | 0.09x |
| Debt / EBITDA | 4.73x | 76.05x | 65.89x | - | - | - | - | - | - | - | - | 59.07x | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | -54.27x | -704.20x | -556.46x | - | - | - | - | - | - | - | - | -32.59x | - | - | - | - | - | - | - | - |
| Interest Coverage | 22.80x | -5.19x | -27.30x | -71.16x | -24.63x | -37.05x | -102.63x | -11.88x | -100.98x | -7.92x | -8.74x | 0.20x | -47.69x | -34.84x | -16.51x | 55.91x | -170.79x | -26.77x | -10.41x | -32.25x |
| Total Equity | 139.42M | 137.56M | 136.27M | 142.72M | 150.71M | 151.93M | 156.52M | 164.18M | 165.8M | 178.91M | 179.12M | 181.48M | 180M | 191.45M | 221.25M | 227.71M | 212.84M | 245.61M | 268.3M | 285.54M |
| Equity Growth % | -7.49% | -9.46% | -12.94% | -13.07% | -9.1% | -15.08% | -12.62% | -9.53% | -7.89% | -6.55% | -19.04% | -20.3% | -15.43% | -22.05% | -17.54% | -20.25% | -27.57% | -19.28% | -12.33% | -7.26% |
| Book Value per Share | 4.93 | 4.88 | 4.87 | 5.12 | 5.41 | 5.47 | 5.68 | 5.98 | 6.04 | 6.54 | 6.61 | 6.71 | 6.66 | 7.09 | 8.24 | 8.47 | 7.95 | 9.18 | 10.08 | 10.76 |
| Total Shareholders' Equity | 139.42M | 137.56M | 136.27M | 142.72M | 150.71M | 151.93M | 156.52M | 164.18M | 165.8M | 178.91M | 179.12M | 181.48M | 180M | 191.45M | 221.25M | 227.71M | 212.84M | 245.61M | 268.3M | 285.54M |
| Common Stock | 281K | 281K | 281K | 279K | 279K | 279K | 279K | 279K | 279K | 279K | 279K | 279K | 279K | 279K | 279K | 279K | 279K | 279K | 279K | 279K |
| Retained Earnings | 757K | -78K | 816K | 4.48M | 15.75M | 19.18M | 24.72M | 33.94M | 38.32M | 52.9M | 55.75M | 58.92M | 59.25M | 71.94M | 104.77M | 111.28M | 97.82M | 132.72M | 157.64M | 175.18M |
| Treasury Stock | 0 | 0 | 0 | -2.61M | -2.64M | -2.68M | -3.15M | -6.08M | -6.14M | -6.19M | -7.37M | -9.75M | -9.89M | -10.09M | -11.52M | -15.53M | -15.67M | -15.86M | -17.39M | -20.74M |
| Accumulated OCI | -10.37M | -9.94M | -9.93M | -9.4M | -10.48M | -10.46M | -9.1M | -9.54M | -9.29M | -8.74M | -9.31M | -8.77M | -8.9M | -8.66M | -9.93M | -8.18M | -7.48M | -7.45M | -7.54M | -6.75M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |