Matrix Service Company

In the Energy market, Matrix Service Company, through our subsidiaries, provides engineering, procurement, construction, fabrication, maintenance and repair, and industrial cleaning services for crude storage terminals, refined products and specialty vessels such as liquid natural gas (LNG) and natural gas liquids (NGLs) across North America. We have expertise in specialty vessels, especially around cryogenic storage for LNG.

In addition, we provide maintenance and repair, capital project, and turnaround services to the downstream refining and chemical industries, both of which benefit from the low price of feedstock like crude oil and natural gas, as well as increased consumer demand.

Our business also provides services to other critical industries including electrical infrastructure in power generation and delivery, as well as industrial markets such as ferrous and non-ferrous metals, fertilizer and material handling.

Through our family of companies, we are known for completing even the most demanding projects on time, to the highest quality standards, and above all, safely. In all the services we provide from maintenance and repair to fabrication and construction, the proof is in our performance.

Company Growth (employees)
Type
Public
HQ
Tulsa, US
Founded
1984
Size (employees)
3,560 (est)
Matrix Service Company was founded in 1984 and is headquartered in Tulsa, US

Matrix Service Company Office Locations

Matrix Service Company has an office in Tulsa
Tulsa, US (HQ)
5100 E Skelly Dr

Matrix Service Company Data and Metrics

Matrix Service Company Financial Metrics

Matrix Service Company's revenue was reported to be $251.2 m in Q3, 2017
USD

Revenue (Q3, 2017)

251.2 m

Gross profit (Q3, 2017)

(2.6 m)

Gross profit margin (Q3, 2017), %

(1%)

Net income (Q3, 2017)

(13.5 m)

EBIT (Q3, 2017)

(21.2 m)

Market capitalization (17-Aug-2017)

258 m

Cash (31-Mar-2017)

39.7 m
Matrix Service Company's current market capitalization is $258 m.
USDFY, 2014FY, 2015FY, 2016

Revenue

1.3 b1.3 b1.3 b

Revenue growth, %

6%(2%)

Cost of goods sold

1.3 b1.2 b

Gross profit

87.4 m126 m

Gross profit Margin, %

7%10%

General and administrative expense

85.1 m

Operating expense total

85.1 m

EBIT

8.8 m40.9 m

EBIT margin, %

1%3%

Interest expense

1.2 m852 k

Interest income

468 k190 k

Pre tax profit

8.2 m39.7 m

Net Income

36.9 m(1.9 m)25.5 m
USDQ1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2017

Revenue

321.7 m342.9 m314.2 m319.3 m323.5 m309.4 m341.8 m312.7 m251.2 m

Cost of goods sold

293.3 m326.9 m311.5 m284.7 m293.5 m282.1 m309.5 m284.4 m253.9 m

Gross profit

28.4 m16 m2.6 m34.6 m30 m27.3 m32.3 m28.2 m(2.6 m)

Gross profit Margin, %

9%5%1%11%9%9%9%9%(1%)

General and administrative expense

19.8 m19.6 m17.1 m19.5 m25.1 m21 m18 m20 m18.6 m

Operating expense total

19.8 m19.6 m17.1 m19.5 m25.1 m21 m18 m20 m18.6 m

EBIT

8.5 m(3.7 m)(14.4 m)15.1 m4.9 m6.3 m14.3 m8.2 m(21.2 m)

EBIT margin, %

3%(1%)(5%)5%2%2%4%3%(8%)

Interest expense

(351 k)(300 k)(294 k)(263 k)(252 k)(241 k)(243 k)(497 k)(833 k)

Interest income

42 k308 k40 k31 k60 k56 k12 k26 k73 k

Pre tax profit

8.3 m14.8 m14.1 m7.8 m

Net Income

4.7 m(4.8 m)(12.9 m)9.7 m3.1 m3.5 m9.3 m5.3 m(13.5 m)
USDFY, 2014FY, 2015FY, 2016

Cash

77.1 m79.2 m71.7 m

Inventories

3 m2.8 m3.9 m

Current Assets

375.5 m381.8 m375.4 m

PP&E

84.7 m

Goodwill

69.8 m71.5 m78.3 m

Total Assets

568.9 m568.3 m565 m

Accounts Payable

111.9 m125.8 m141.4 m

Current Liabilities

269.9 m267.6 m246 m

Total Liabilities

249.4 m

Additional Paid-in Capital

119.8 m123 m127 m

Retained Earnings

177.2 m194.4 m223.3 m

Total Equity

280.5 m293.3 m315.6 m

Financial Leverage

2 x1.9 x1.8 x
USDQ1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2017

Cash

72.8 m68.6 m103.2 m69.2 m82.4 m73.4 m35.6 m66.2 m39.7 m

Inventories

3 m3 m2.9 m2.9 m2.7 m3.5 m3.8 m4.2 m3.9 m

Current Assets

355.8 m376 m392.8 m354.5 m386.6 m351.1 m384.3 m408.2 m349.6 m

Goodwill

72.1 m72.2 m71.4 m70.9 m70.6 m78.8 m78.3 m113 m113.2 m

Total Assets

548.3 m566.1 m579 m536.6 m572.1 m549.6 m569.2 m635.8 m580.3 m

Accounts Payable

95.2 m93.2 m90.5 m99.8 m109.3 m122.9 m127.7 m108.3 m97.3 m

Current Liabilities

246 m265.8 m287.9 m217.5 m258 m233.1 m224.1 m230.3 m215.1 m

Additional Paid-in Capital

120.1 m119.9 m121.5 m124.1 m124.2 m125.7 m124.5 m124.7 m126.5 m

Retained Earnings

183.2 m186.4 m183.5 m204.3 m209.8 m214.1 m232.5 m237.7 m223.9 m

Total Equity

286.6 m281.8 m275.7 m302 m304.9 m309.9 m324.5 m329.8 m320.2 m

Financial Leverage

1.9 x2 x2.1 x1.8 x1.9 x1.8 x1.8 x1.9 x1.8 x
USDFY, 2014FY, 2015FY, 2016

Net Income

36.9 m(1.9 m)25.5 m

Depreciation and Amortization

18.5 m23.5 m21.4 m

Accounts Receivable

(31 m)6.8 m4.2 m

Inventories

(11 k)272 k606 k

Accounts Payable

29.2 m13 m14.7 m

Cash From Operating Activities

77 m24.4 m30.3 m

Purchases of PP&E

(23.6 m)(15.8 m)(13.9 m)

Cash From Investing Activities

(74.6 m)(20.6 m)(26.6 m)

Cash From Financing Activities

12.2 m794 k(10.6 m)

Interest Paid

1.2 m1.3 m881 k

Income Taxes Paid

19.2 m7 m9.4 m
USDQ1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2017

Net Income

4.7 m(4.8 m)(12.9 m)9.7 m3.1 m3.5 m9.3 m5.3 m(13.5 m)

Inventories

2.9 m2.7 m3.5 m3.8 m4.2 m3.9 m

Accounts Payable

99.8 m109.3 m122.9 m127.7 m108.3 m97.3 m
USDY, 2017

Revenue/Employee

70.6 k

Financial Leverage

1.8 x

Matrix Service Company Market Value History

Traffic Overview of Matrix Service Company

Matrix Service Company Online and Social Media Presence

Matrix Service Company Company Life and Culture

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