Matrix Historical Income Statement

MTRX Stock  USD 13.30  0.15  1.12%   
Historical analysis of Matrix Service income statement accounts such as Gross Profit of 66.3 M can show how well Matrix Service Co performed in making a profits. Evaluating Matrix Service income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Matrix Service's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Matrix Service latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Matrix Service is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Matrix Service Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

About Matrix Income Statement Analysis

Matrix Service Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Matrix Service shareholders. The income statement also shows Matrix investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Matrix Service Income Statement Chart

At this time, Matrix Service's Depreciation And Amortization is fairly stable compared to the past year. Interest Expense is likely to rise to about 1.4 M in 2024, whereas Total Revenue is likely to drop slightly above 649.8 M in 2024.

Total Revenue

Total revenue comprises all receipts Matrix Service generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Cost Of Revenue

Cost of Revenue is found on Matrix Service income statement and represents the costs associated with goods and services Matrix Service provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most accounts from Matrix Service's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Matrix Service current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Matrix Service Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
At this time, Matrix Service's Depreciation And Amortization is fairly stable compared to the past year. Interest Expense is likely to rise to about 1.4 M in 2024, whereas Total Revenue is likely to drop slightly above 649.8 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses67.7M68.2M70.1M47.1M
Cost Of Revenue709.0M764.2M687.7M583.5M

Matrix Service income statement Correlations

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0.510.29-0.130.35-0.57-0.58-0.470.340.53-0.530.1-0.57-0.250.53-0.630.31-0.44-0.56-0.75-0.29-0.010.09
0.90.290.831.00.470.330.51.00.890.43-0.130.440.460.890.3-0.350.230.140.020.29-0.310.26
0.6-0.130.830.780.820.750.850.780.60.74-0.320.740.590.610.67-0.530.380.40.370.48-0.330.14
0.920.351.00.780.390.250.431.00.920.36-0.110.380.410.920.23-0.30.180.1-0.030.24-0.310.27
0.18-0.570.470.820.390.950.970.410.120.95-0.260.960.680.130.95-0.730.610.450.490.72-0.150.26
0.01-0.580.330.750.250.950.980.270.010.93-0.220.890.720.010.92-0.650.660.520.50.66-0.150.21
0.21-0.470.50.850.430.970.980.440.190.93-0.250.910.740.180.9-0.70.630.480.440.69-0.190.27
0.910.341.00.781.00.410.270.440.910.38-0.10.390.430.910.24-0.310.20.1-0.030.26-0.30.27
0.90.530.890.60.920.120.010.190.910.07-0.130.070.131.0-0.07-0.11-0.130.06-0.13-0.03-0.410.22
0.13-0.530.430.740.360.950.930.930.380.070.010.980.820.070.97-0.630.760.350.40.670.030.22
-0.180.1-0.13-0.32-0.11-0.26-0.22-0.25-0.1-0.130.01-0.050.27-0.14-0.060.40.32-0.28-0.18-0.310.27-0.13
0.17-0.570.440.740.380.960.890.910.390.070.98-0.050.730.070.98-0.690.70.360.430.710.00.22
0.16-0.250.460.590.410.680.720.740.430.130.820.270.730.120.69-0.30.890.240.190.460.220.22
0.890.530.890.610.920.130.010.180.911.00.07-0.140.070.12-0.06-0.11-0.130.07-0.11-0.04-0.430.19
0.01-0.630.30.670.230.950.920.90.24-0.070.97-0.060.980.69-0.06-0.690.690.360.430.71-0.010.22
-0.310.31-0.35-0.53-0.3-0.73-0.65-0.7-0.31-0.11-0.630.4-0.69-0.3-0.11-0.69-0.31-0.050.01-0.930.3-0.69
-0.08-0.440.230.380.180.610.660.630.2-0.130.760.320.70.89-0.130.69-0.310.260.210.490.230.24
-0.17-0.560.140.40.10.450.520.480.10.060.35-0.280.360.240.070.36-0.050.260.85-0.07-0.41-0.23
-0.26-0.750.020.37-0.030.490.50.44-0.03-0.130.4-0.180.430.19-0.110.430.010.210.85-0.09-0.24-0.49
0.25-0.290.290.480.240.720.660.690.26-0.030.67-0.310.710.46-0.040.71-0.930.49-0.07-0.09-0.040.62
-0.25-0.01-0.31-0.33-0.31-0.15-0.15-0.19-0.3-0.410.030.270.00.22-0.43-0.010.30.23-0.41-0.24-0.04-0.24
0.30.090.260.140.270.260.210.270.270.220.22-0.130.220.220.190.22-0.690.24-0.23-0.490.62-0.24
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Matrix Service Account Relationship Matchups

Matrix Service income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization19.1M17.9M15.3M13.7M11.0M11.3M
Interest Expense1.6M1.6M3.0M2.0M1.1M1.4M
Total Revenue1.1B673.4M707.8M795.0M728.2M649.8M
Gross Profit102.2M32.8M(1.2M)30.8M40.5M66.3M
Other Operating Expenses1.1B710.4M776.7M832.4M757.8M630.5M
Operating Income(1.6M)(37.0M)(87.9M)(52.9M)(29.6M)(28.1M)
Ebit(1.6M)(41.7M)(55.3M)(50.7M)(23.9M)(22.7M)
Ebitda17.5M(23.8M)(40.1M)(37.0M)(12.9M)(12.2M)
Cost Of Revenue998.8M640.6M709.0M764.2M687.7M583.5M
Total Operating Expenses86.3M69.8M67.7M68.2M70.1M47.1M
Income Before Tax(36.6M)(43.3M)(58.3M)(52.8M)(25.0M)(23.8M)
Total Other Income Expense Net(35.0M)484K29.6M126K4.6M4.8M
Net Income(33.1M)(31.2M)(63.9M)(52.4M)(25.0M)(23.7M)
Income Tax Expense(3.6M)(12.0M)5.6M(400K)(36K)(34.2K)
Selling General Administrative86.3M69.8M67.7M68.2M70.1M52.5M
Net Income Applicable To Common Shares(33.1M)(31.2M)(63.9M)(52.4M)(47.1M)(44.8M)
Net Income From Continuing Ops(33.1M)(31.2M)(63.9M)(52.4M)(25.0M)(23.7M)
Non Operating Income Net Other1.8M1.6M2.0M32.5M37.4M39.3M
Tax Provision(3.6M)(12.0M)5.6M(400K)(36K)(34.2K)
Interest Income1.3M126K90K290K1.3M684.8K
Net Interest Income(327K)(1.4M)(2.9M)(1.7M)209K219.5K
Reconciled Depreciation19.1M17.9M15.3M13.7M11.0M13.7M

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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.