Matrix Service Co

NASDAQ MTRX

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Matrix Service Co Cash and Short-Term Investments 2 year CAGR for the quarter ending March 31, 2024: 3.49%

Matrix Service Co Cash and Short-Term Investments 2 year CAGR is 3.49% for the quarter ending March 31, 2024, a 112.38% change year over year. Cash and Short-Term Investments is the sum of cash and short-term investments, representing the company's liquid assets. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Matrix Service Co Cash and Short-Term Investments for the quarter ending March 31, 2023 was USD 48.20 M, a 41.39% change year over year.
  • Matrix Service Co Cash and Short-Term Investments for the quarter ending March 31, 2022 was USD 34.09 M, a -53.77% change year over year.
  • Matrix Service Co Cash and Short-Term Investments for the quarter ending March 31, 2021 was USD 73.75 M, a -15.72% change year over year.
  • Matrix Service Co Cash and Short-Term Investments for the quarter ending March 31, 2020 was USD 87.50 M, a 76.15% change year over year.
NASDAQ: MTRX

Matrix Service Co

CEO Mr. John R. Hewitt
IPO Date Sept. 26, 1990
Location United States
Headquarters 5100 East Skelly Drive, Tulsa, OK, United States, 74135-6577
Employees 2,545
Sector Industrials
Industry Engineering & construction
Description

Matrix Service Company provides engineering, fabrication, construction, and maintenance services to support critical energy infrastructure and industrial markets in the United States, Canada, and internationally. It operates through three segments: Utility and Power Infrastructure; Process and Industrial Facilities; and Storage and Terminal Solutions. The Utility and Power Infrastructure segment offers power delivery services, including construction of new substations, upgrades of existing substations, transmission and distribution line installations, and upgrades and maintenance, and emergency and storm restoration services. This segment also provides engineering, fabrication, and construction services for LNG utility peak shaving facilities; and construction and maintenance services to power generation facilities, including natural gas fired facilities. The Process and Industrial Facilities segment engages in the refining and processing of crude oil; fractionating and marketing of natural, gas and natural gas liquids; and offers plant maintenance, turnarounds, engineering, industrial cleaning services, and capital construction services. The Storage and Terminal Solutions segment undertakes work related to aboveground crude oil and refined product storage tanks and terminals; engineering, procurement, fabrication, and construction services related to cryogenic and other specialty tanks and terminals for LNG, NGLs, hydrogen, ammonia, propane, butane, liquid nitrogen/liquid oxygen, and liquid petroleum; and provides plant work, truck and rail loading/offloading facilities, and marine structures, as well as storage tank and terminal maintenance and repair. This segment also manufactures and sells precision engineered specialty tank products, including geodesic domes, aluminum internal floating roofs, floating suction and skimmer systems, roof drain systems, and floating roof seals. Matrix Service Company was founded in 1984 and is headquartered in Tulsa, Oklahoma.

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StockViz Staff

September 19, 2024

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