Matrix Return On Equity from 2010 to 2024

MTRX Stock  USD 13.32  0.08  0.60%   
Matrix Service Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of Matrix Service Co in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
(0.15)
Current Value
0.1795245
Quarterly Volatility
0.14666817
 
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 0.46, Dividend Yield of 0.0 or PTB Ratio of 1.85. 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 Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Matrix Service Co over the last few years. Return on Equity is the amount of Matrix Service net income returned as a percentage of Matrix Service equity. Return on equity measures Matrix Service profitability by revealing how much profit Matrix Service Co generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Matrix Service's Return On Equity 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.
ViewLast Reported -0.1810 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Matrix Return On Equity Regression Statistics

Arithmetic Mean(0.01)
Coefficient Of Variation(1,389)
Mean Deviation0.12
Median0.06
Standard Deviation0.15
Sample Variance0.02
Range0.468
R-Value(0.57)
Mean Square Error0.02
R-Squared0.32
Significance0.03
Slope(0.02)
Total Sum of Squares0.30

Matrix Return On Equity History

2024 0.18
2023 -0.15
2022 -0.29
2021 -0.28
2019 -0.11
2018 0.0795
2017 -0.036

About Matrix Service Financial Statements

Matrix Service investors use historical fundamental indicators, such as Matrix Service's Return On Equity, 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
Return On Equity(0.15) 0.18 

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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.