Matrix Service Company
Balance Sheet
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $223.0M | $224.6M | $115.6M | $54.8M | $52.4M | $83.9M | $100.0M | $89.7M |
| Accounts Receivable | $172.0M | $155.0M | $139.0M | $145.8M | $153.9M | $148.0M | $160.7M | $218.4M |
| Inventory | $6.2M | $5.9M | $8.8M | $7.4M | $10.0M | $7.3M | $6.5M | $8.0M |
| Total Current Assets | $435.7M | $419.8M | $301.6M | $262.3M | $287.4M | $291.2M | $335.2M | $417.3M |
| Property, Plant & Equipment | $36.3M | $42.1M | $43.5M | $47.5M | $53.9M | $69.4M | $80.7M | $79.3M |
| Goodwill | $28.9M | $29.0M | $29.0M | $29.1M | $42.1M | $60.6M | $60.4M | $93.4M |
| Intangible Assets (Excl. Goodwill) | $0 | $555.0K | $1.7M | $3.1M | $4.8M | $6.6M | $8.8M | $19.5M |
| Total Assets | $602.6M | $600.3M | $451.4M | $400.5M | $440.8M | $467.6M | $517.3M | $633.4M |
| Liabilities | ||||||||
| Accounts Payable | $108.7M | $80.5M | $65.6M | $76.4M | $74.9M | $60.9M | $73.1M | $114.6M |
| Total Current Liabilities | $442.4M | $436.4M | $265.1M | $187.5M | $177.8M | $153.4M | $175.9M | $275.5M |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $460.8M | $457.5M | $287.2M | $219.0M | $213.1M | $182.0M | $209.4M | $281.4M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $1.9M | $4.5M | $33.9M | $58.9M | $111.3M | $175.2M | $206.4M | $239.5M |
| Total Stockholders' Equity | $141.9M | $142.7M | $164.2M | $181.5M | $227.7M | $285.5M | $307.9M | $352.0M |