Matrix Income Tax Expense from 2010 to 2024

MTRX Stock  USD 12.10  0.07  0.58%   
Matrix Service Income Tax Expense yearly trend continues to be fairly stable with very little volatility. Income Tax Expense is likely to outpace its year average in 2024. During the period from 2010 to 2024, Matrix Service Income Tax Expense regression line of annual values had r-squared of  0.32 and arithmetic mean of  4,763,853. View All Fundamentals
 
Income Tax Expense  
First Reported
1990-06-30
Previous Quarter
-2 K
Current Value
-40 K
Quarterly Volatility
2.8 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
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 Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Matrix Service Co over the last few years. It is Matrix Service's Income Tax Expense 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.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Matrix Income Tax Expense Regression Statistics

Arithmetic Mean4,763,853
Geometric Mean2,374,423
Coefficient Of Variation175.71
Mean Deviation6,940,004
Median2,308,000
Standard Deviation8,370,726
Sample Variance70.1T
Range32M
R-Value(0.57)
Mean Square Error51.4T
R-Squared0.32
Significance0.03
Slope(1,057,901)
Total Sum of Squares981T

Matrix Income Tax Expense History

2024-34.2 K
2023-36 K
2022-400 K
20215.6 M
2020-12 M
2019-3.6 M
201810.4 M

About Matrix Service Financial Statements

Matrix Service investors use historical fundamental indicators, such as Matrix Service's Income Tax Expense, 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
Income Tax Expense-36 K-34.2 K

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.