Matrix Service Company

DB:MX2 Stock Report

Market Cap: €360.5m

Matrix Service Management

Management criteria checks 2/4

Matrix Service's CEO is John Hewitt, appointed in May 2011, has a tenure of 13.75 years. total yearly compensation is $4.10M, comprised of 19.5% salary and 80.5% bonuses, including company stock and options. directly owns 1.49% of the company’s shares, worth €5.36M. The average tenure of the management team and the board of directors is 5.4 years and 7.6 years respectively.

Key information

John Hewitt

Chief executive officer

US$4.1m

Total compensation

CEO salary percentage19.5%
CEO tenure13.8yrs
CEO ownership1.5%
Management average tenure5.4yrs
Board average tenure7.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has John Hewitt's remuneration changed compared to Matrix Service's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$31m

Jun 30 2024US$4mUS$800k

-US$25m

Mar 31 2024n/an/a

-US$21m

Dec 31 2023n/an/a

-US$19m

Sep 30 2023n/an/a

-US$49m

Jun 30 2023US$2mUS$800k

-US$52m

Mar 31 2023n/an/a

-US$39m

Dec 31 2022n/an/a

-US$61m

Sep 30 2022n/an/a

-US$53m

Jun 30 2022US$3mUS$794k

-US$64m

Mar 31 2022n/an/a

-US$88m

Dec 31 2021n/an/a

-US$66m

Sep 30 2021n/an/a

-US$46m

Jun 30 2021US$3mUS$726k

-US$31m

Mar 31 2021n/an/a

-US$26m

Dec 31 2020n/an/a

-US$19m

Sep 30 2020n/an/a

-US$42m

Jun 30 2020US$3mUS$800k

-US$33m

Mar 31 2020n/an/a

-US$15m

Dec 31 2019n/an/a

-US$112k

Sep 30 2019n/an/a

US$32m

Jun 30 2019US$3mUS$790k

US$28m

Mar 31 2019n/an/a

US$487k

Dec 31 2018n/an/a

-US$14m

Sep 30 2018n/an/a

-US$13m

Jun 30 2018US$2mUS$750k

-US$11m

Compensation vs Market: John's total compensation ($USD4.10M) is above average for companies of similar size in the German market ($USD1.01M).

Compensation vs Earnings: John's compensation has increased whilst the company is unprofitable.

CEO

John Hewitt (66 yo)

13.8yrs

Tenure

US$4,097,287

Compensation

Mr. John R. Hewitt has been the President and Chief Executive Officer at Matrix Service Company since joining on May 4, 2011. Mr. Hewitt served as Vice President at Aker Solutions, where he was responsible...

Leadership Team

NamePositionTenureCompensationOwnership
John Hewitt
CEO, President & Director13.8yrsUS$4.10m1.49%
€ 5.4m
Kevin Cavanah
VP of Finance14.2yrsUS$1.54m0.47%
€ 1.7m
Alan Updyke
VP & COO4.8yrsUS$1.64m0.30%
€ 1.1m
Glyn Rodgers
President of Matrix PDM Engineering5.4yrsUS$1.02m0.095%
€ 343.8k
Shawn Payne
President of Matrix Service Inc2.4yrsUS$1.14m0.10%
€ 369.3k
Nancy Austin-Downs
Chief Administrative Officer & VP8.5yrsno data0.24%
€ 856.5k
Kellie Smythe
Senior Director of Investor Relationsno datano datano data
Justin Sheets
VP, General Counsel10.3yrsno data0.14%
€ 491.1k
Melissa Gilliland
Vice President of Human Resources5.4yrsno datano data
Kevin Durkin
VP and Chief Business Development & Strategy Officer4.5yrsno data0.22%
€ 784.1k
Douglas Montalbano
President of Matrix NAC1.5yrsno data0.079%
€ 283.5k

5.4yrs

Average Tenure

60yo

Average Age

Experienced Management: MX2's management team is seasoned and experienced (5.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
John Hewitt
CEO, President & Director13.8yrsUS$4.10m1.49%
€ 5.4m
John Chandler
Independent Board Chair7.7yrsUS$219.45k0.22%
€ 778.0k
Martha Carnes
Independent Director7.6yrsUS$183.83k0.17%
€ 613.7k
Liane Hinrichs
Independent Director6.7yrsUS$176.33k0.15%
€ 523.5k
James Miller
Independent Director10.8yrsUS$180.23k0.28%
€ 991.6k
Carlin Conner
Independent Director4.5yrsUS$175.08k0.11%
€ 404.9k
Jose Luis de Bustamante
Independent Director2.7yrsUS$169.78k0.063%
€ 227.1k

7.6yrs

Average Tenure

63yo

Average Age

Experienced Board: MX2's board of directors are considered experienced (7.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/02 07:34
End of Day Share Price 2025/01/31 00:00
Earnings2024/09/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Matrix Service Company is covered by 10 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullArgus Research Company
Fredric BuonocoreCJS Securities, Inc.
Brent ThielmanD.A. Davidson & Co.