Craft

Matrix Service Company

Stock Price

$13.1

2024-03-25

Market Capitalization

$357.4 M

2024-03-25

Revenue

$795 M

FY, 2023

Matrix Service Company Summary

Company Summary

Overview
Matrix Service Company is a provider of engineering, fabrication, infrastructure, construction, and maintenance services primarily to the oil, natural gas, power, petrochemical, industrial, agricultural, and mining and minerals markets. The company operates through three segments: Utility and Power Infrastructure, Process and Industrial Facilities, and Storage and Terminal Solutions. The Utility and Power Infrastructure segment provides power delivery services to investor-owned utilities, including construction of new substations, upgrades of existing substations, transmission and distribution line installations, upgrades and maintenance, as well as emergency and storm restoration services. The Process and Industrial Facilities segment primarily serves customers in the downstream and midstream petroleum industries who are engaged in refining crude oil and processing, fractionating, and marketing of natural gas and natural gas liquids. The Storage and Terminal Solutions segment provides services and products related to storage tanks and terminals.
Type
Public
Status
Active
Founded
1984
HQ
Tulsa, OK, US | view all locations
Website
https://www.matrixservicecompany.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • John R. Hewitt

    John R. Hewitt, President and Chief Executive Officer, Director

  • Alan R. Updyke

    Alan R. Updyke, Chief Operating Officer

  • Kevin S. Cavanah

    Kevin S. Cavanah, Chief Financial Officer

  • Nancy E. Austin

    Nancy E. Austin, Vice President and Chief Administrative Officer

Operating MetricsView all

Facilities

17

FY, 2022

Backlog (Storage Solutions)

$595.2M
137.9%

Q1, 2024

Backlog (Industrial)

$344.5M
29.7%

Q1, 2024

LocationsView all

24 locations detected

  • Tulsa, OK HQ

    United States

    15 E 5th St Ste. 1100

  • Alton, IL

    United States

    3403 E Broadway

  • Bellingham, WA

    United States

    3810 Bakerview Spur

  • Bellingham, WA

    United States

    4041 Bakerview Spur

  • Broomall, PA

    United States

    1974 Sproul Rd #300

  • Catoosa, OK

    United States

    1109 W Main Pkwy

and 18 others

Matrix Service Company Financials

Summary Financials

Revenue (Q2, 2024)
$175.0M
Gross profit (Q2, 2024)
$10.6M
Net income (Q2, 2024)
($2.9M)
Cash (Q2, 2024)
$47.2M
EBIT (Q2, 2024)
($5.1M)
Enterprise value
$314.2M

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