9.60
-0.41%
Close of 9 Nov 2026, in USD
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
About Matrix Service
From its filings with the US Securities and Exchange Commission
Matrix Service is based in Tulsa, Oklahoma and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker MTRX. The SEC classifies its business as construction - special trade contractors. In the fiscal year to 30 June 2026, it reported revenue of $873.6m and a net loss of $2.6m. At that date it held total assets of $602.6m and shareholders' equity of $141.9m.
We began operations in 1984 as an Oklahoma corporation under the name of Matrix Service. In 1989, we incorporated in the State of Delaware under the name of Matrix Service Company, and in 1990 we began trading on the NASDAQ exchange. We provide engineering, fabrication, construction, and maintenance services to support critical energy infrastructure and industrial markets. We maintain regional offices throughout the United States, Canada and other international locations, and operate through separate union and non-union subsidiaries.
Our purpose is to create long-term value for our employees, business partners, shareholders and communities. We are committed to fulfilling our purpose by striving to be a profitable, innovative, and growth-oriented company of choice for engineering, constructing, and maintaining essential energy and industrial infrastructure that delivers its services safely, with high quality, and on time, resulting in strong customer relationships.
Through our zero-incident safety culture, commitment to execution excellence and highly skilled workforce, we share one goal: to deliver the best to our customers, shareholders, employees and people across the globe who rely on the infrastructure we help design, build and maintain.
Quoted from its 10-K, filed 3 Sept 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Industrials
- Industry
- Construction & Engineering
- Listed since
- 26 Sept 1990
- Employees
- 2,239
- Website
- matrixservicecompany.com ↗
- Head office
- 15 EAST 5TH STREET, TULSA, OK, 74103
- Incorporated in
- DE
- Classification
- Construction - Special Trade Contractors
- Filer status
- Accelerated filer
Leadership
Pay as last reported
- Mr. John HewittPresident, Chief Executive Officer, Director, since 2011$3.1m
- Mr. Kevin CavanahChief Financial Officer, Vice President - Finance, Treasurer$1.2m
- Mr. Douglas MontalbanoPresident, Matrix North American Construction$824,193
- Mr. Shawn PaynePresident - Engineering & Construction$962,975
- Mr. Justin SheetsVice President, General Counsel, Corporate Secretary
- Mrs. Nancy AustinVice President, Chief Administrative Officer$823,018
- Ms. Martha CarnesIndependent Director$193,428
- Mr. John ChandlerIndependent Director$253,428
- Mr. Carlin ConnerIndependent Director$188,428
- Mr. Jose De BustamanteIndependent Director$179,641
- Ms. Liane HinrichsIndependent Director$185,928
- Mr. James MillerIndependent Director$189,830
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 59
- Environment
- 40
- Social
- 66
- Governance
- 72
- Direct emissions (scope 1)
- 4,700 t
- Energy emissions (scope 2)
- 2,239 t
- Women in the workforce
- 30.4%
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Matrix Service Co has a strong track record of providing high-quality services in the industrial sector. The company has extensive experience in construction, maintenance, and repair services, which gives them a competitive advantage in the market.
- Matrix Service Co has a well-established reputation for delivering projects on time and within budget. This reliability has helped them build long-term relationships with clients and secure repeat business.
Weaknesses
- One potential weakness of Matrix Service Co is its dependence on a few key clients for a significant portion of its revenue. Any loss of these clients could have a significant impact on the company's financial performance.
- Another weakness is the highly competitive nature of the industry. Matrix Service Co faces competition from both large and small companies, which can put pressure on pricing and profit margins.
Opportunities
- Matrix Service Co can seize opportunities in the growing demand for renewable energy infrastructure. The transition to cleaner energy sources presents a chance for the company to expand its services in this emerging sector.
- Additionally, there is an increasing need for infrastructure development, particularly in areas such as pipelines, terminals, and storage facilities. Matrix Service Co can capitalize on these opportunities to broaden its customer base.
Threats
- One potential threat to Matrix Service Co is the volatility of commodity prices. Fluctuations in oil and gas prices can impact project spending and demand for the company's services.
- Another threat is the potential for economic downturns or slowdowns, which can lead to reduced capital investments in the industrial sector. This could affect the number and scale of projects available to Matrix Service Co.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.