Matrix Fixed Asset Turnover from 2010 to 2025

MTRX Stock  USD 13.15  0.12  0.92%   
Matrix Service Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover will likely drop to 8.81 in 2025. During the period from 2010 to 2025, Matrix Service Fixed Asset Turnover regression line of annual values had r-squared of  0.07 and arithmetic mean of  12.33. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
11.72813685
Current Value
8.81
Quarterly Volatility
3.1825662
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Matrix Service financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Matrix Service's main balance sheet or income statement drivers, such as Depreciation And Amortization of 11.3 M, Interest Expense of 1.4 M or Total Revenue of 649.8 M, as well as many indicators such as Price To Sales Ratio of 0.63, Dividend Yield of 0.0 or PTB Ratio of 2.89. Matrix financial statements analysis is a perfect complement when working with Matrix Service Valuation or Volatility modules.
  
Check out the analysis of Matrix Service Correlation against competitors.

Latest Matrix Service's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Matrix Service Co over the last few years. It is Matrix Service's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Matrix Service's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Pretty Stable
   Fixed Asset Turnover   
10.77.339.3211.411.611.78.81-32%27%23%1%1%-25%100%
       Timeline  

Matrix Fixed Asset Turnover Regression Statistics

Arithmetic Mean12.33
Geometric Mean11.91
Coefficient Of Variation25.82
Mean Deviation2.59
Median12.52
Standard Deviation3.18
Sample Variance10.13
Range10.9941
R-Value(0.27)
Mean Square Error10.05
R-Squared0.07
Significance0.31
Slope(0.18)
Total Sum of Squares151.93

Matrix Fixed Asset Turnover History

2025 8.81
2024 11.73
2023 11.62
2022 11.46
2021 9.32
2020 7.33
2019 10.78

About Matrix Service Financial Statements

Matrix Service investors use historical fundamental indicators, such as Matrix Service's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Matrix Service. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 11.73  8.81 

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Additional Tools for Matrix Stock Analysis

When running Matrix Service's price analysis, check to measure Matrix Service's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Matrix Service is operating at the current time. Most of Matrix Service's value examination focuses on studying past and present price action to predict the probability of Matrix Service's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Matrix Service's price. Additionally, you may evaluate how the addition of Matrix Service to your portfolios can decrease your overall portfolio volatility.
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