Matrix Service Company

Matrix Service, through its 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 and natural gas liquids across North America. In addition, the Company provides maintenance and repair, capital project, and turnaround services to the downstream refining and chemical industries. Its 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.

Company Growth (employees)
Type
Public
HQ
Tulsa, US
Founded
1984
Size (employees)
4,001 (est)+13%
Matrix Service Company was founded in 1984 and is headquartered in Tulsa, US

Key People/Management at Matrix Service Company

James Ryan

James Ryan

President
Alan Updyke

Alan Updyke

Senior Vice President, Operations
Kevin Durkin

Kevin Durkin

Vice President, Business Development
Brad Killmer

Brad Killmer

Vice President, Accounting and Finance

Matrix Service Company Office Locations

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

Matrix Service Company Financials and Metrics

Matrix Service Company Financials

Matrix Service Company's revenue was reported to be $1.2 b in FY, 2017
USD

Revenue (Q1, 2018)

269.9 m

Gross profit (Q1, 2018)

28.9 m

Gross profit margin (Q1, 2018), %

11%

Net income (Q1, 2018)

3.8 m

EBIT (Q1, 2018)

7.3 m

Market capitalization (11-Dec-2017)

463 m

Cash (30-Sep-2017)

46.1 m
Matrix Service Company's current market capitalization is $463 m.
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

1.3 b1.3 b1.3 b1.2 b

Revenue growth, %

6%(2%)(9%)

Cost of goods sold

1.1 b1.3 b1.2 b1.1 b

Gross profit

136.5 m87.4 m126 m81 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

321.7 m342.9 m314.2 m319.3 m323.5 m309.4 m341.8 m312.7 m251.2 m269.9 m

Cost of goods sold

293.3 m326.9 m311.5 m284.7 m293.5 m282.1 m309.5 m284.4 m253.9 m241 m

Gross profit

28.4 m16 m2.6 m34.6 m30 m27.3 m32.3 m28.2 m(2.6 m)28.9 m

Gross profit Margin, %

9%5%1%11%9%9%9%9%(1%)11%
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

77.1 m79.2 m71.7 m43.8 m

Accounts Receivable

204.7 m199.1 m190.4 m211 m

Inventories

3 m2.8 m3.9 m3.7 m

Current Assets

375.5 m373.5 m375.4 m358.6 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

72.8 m68.6 m103.2 m69.2 m82.4 m73.4 m35.6 m66.2 m39.7 m46.1 m

Accounts Receivable

175.5 m215.1 m188.6 m182.6 m207.4 m170.7 m231 m248.7 m223.3 m218.7 m

Inventories

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

Current Assets

355.8 m376 m392.8 m354.5 m386.6 m351.1 m384.3 m408.2 m349.6 m347.6 m
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

36.9 m(1.9 m)25.5 m138 m

Depreciation and Amortization

18.5 m23.5 m21.4 m21.6 b

Accounts Receivable

(31.4 m)6.8 m4.2 m(11.9 b)

Inventories

(11 k)272 k606 k198 k
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Net Income

4.7 m(176 k)(13.1 m)9.7 m12.9 m16.4 m9.3 m14.6 m1.1 m3.8 m

Depreciation and Amortization

5.8 m11.5 m17.3 m5.4 m10.7 m16.1 m4.9 m10 m15.8 m5.6 m

Accounts Receivable

30.4 m(9.2 m)17.4 m16.2 m(13.8 m)23.7 m(40.6 m)(49 m)(23.5 m)(7.7 m)

Inventories

39 k32 k170 k(90 k)85 k568 k168 k(259 k)9 k(532 k)
Y, 2017

Financial Leverage

1.7 x
Show all financial metrics

Matrix Service Company Operating Metrics

Matrix Service Company's Backlog was reported to be $682.3 m in Q1, 2018
FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Oct, 2017

Backlog

$1.42 b$1.28 b$1.12 b$1.03 b$868.67 m$786.61 m$813.99 m$790.42 m$682.27 m$682.27 m

Facilities

39

Book-to-bill Ratio

120%

Storage Facilities Capacity, million barrels

160 m
Show all operating metrics

Matrix Service Company Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Matrix Service Canada ULC
Matrix North American Construction, Ltd.
Matrix SME Canada, Inc.
Matrix PDM Engineering, Inc.
Matrix PDM, LLC
Matrix Specialized Transport, Inc.
Matrix International Holding Company, Ltd.
Matrix Applied Technologies, Pty. Ltd.
Devco USA, LLC
River Food Services, LLC
Matrix Service Inc.
Matrix North American Construction, Inc.
Matrix SME Canada ULC
Matrix Applied Technologies, Inc.
Matrix Applied Technologies, Ltd.
Houston Interests, LLC
River Consulting, LLC
S&R Technical Services, Inc.

Matrix Service Company Market Value History

Matrix Service Company Revenue Breakdown

Matrix Service Company's Web-traffic and Trends

Matrix Service Company Online and Social Media Presence

Matrix Service Company Company Life and Culture

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