Matrix Service Management
Management criteria checks 2/4
Matrix Service's CEO is John Hewitt, appointed in May 2011, has a tenure of 13.67 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 $4.90M. The average tenure of the management team and the board of directors is 5.3 years and 7.5 years respectively.
Key information
John Hewitt
Chief executive officer
US$4.1m
Total compensation
| CEO salary percentage | 19.5% |
| CEO tenure | 13.7yrs |
| CEO ownership | 1.5% |
| Management average tenure | 5.3yrs |
| Board average tenure | 7.5yrs |
Recent management updates
Recent updates
Matrix Service Company Expected To Rise On Return To Profitability
Jul 31Cautious Investors Not Rewarding Matrix Service Company's (NASDAQ:MTRX) Performance Completely
Jul 17
Matrix Service Company: Record Order Backlog In Latest Quarter
Feb 21Even With A 35% Surge, Cautious Investors Are Not Rewarding Matrix Service Company's (NASDAQ:MTRX) Performance Completely
Feb 16Investors Still Aren't Entirely Convinced By Matrix Service Company's (NASDAQ:MTRX) Revenues Despite 26% Price Jump
Aug 23Matrix Service Company (NASDAQ:MTRX) Shares Could Be 44% Below Their Intrinsic Value Estimate
May 06Is Matrix Service (NASDAQ:MTRX) Using Too Much Debt?
Mar 07Should You Investigate Matrix Service Company (NASDAQ:MTRX) At US$8.83?
Feb 03Calculating The Intrinsic Value Of Matrix Service Company (NASDAQ:MTRX)
Jan 06Matrix Service Non-GAAP EPS of -$0.52 misses by $0.22, revenue of $200.7M beats by $18.86M
Oct 07Matrix Service Company receives Nasdaq notice for missing annual report
Sep 30Matrix: A Beaten-Down Industrials Name Reports Monday. More Bearish Action Likely
Sep 11Here's Why We're Not At All Concerned With Matrix Service's (NASDAQ:MTRX) Cash Burn Situation
Aug 12Matrix Service picked by Northrop Grumman for thermal vacuum chamber projects
Jul 18A Look At The Intrinsic Value Of Matrix Service Company (NASDAQ:MTRX)
Jul 04We're Interested To See How Matrix Service (NASDAQ:MTRX) Uses Its Cash Hoard To Grow
Dec 01We Think Matrix Service Company's (NASDAQ:MTRX) CEO Compensation Package Needs To Be Put Under A Microscope
Oct 27How To Evaluate Matrix Service Company's Final Quarter Of Fiscal 2021
Aug 30At US$13.42, Is It Time To Put Matrix Service Company (NASDAQ:MTRX) On Your Watch List?
May 05Matrix: A Clean Energy, Infrastructure Play Priced Near Tangible Book Value
May 02Does This Valuation Of Matrix Service Company (NASDAQ:MTRX) Imply Investors Are Overpaying?
Mar 24Matrix Service Company (NASDAQ:MTRX) Analysts Just Slashed This Year's Estimates
Feb 14Matrix Service (NASDAQ:MTRX) Share Prices Have Dropped 18% In The Last Five Years
Feb 09
Is Matrix Service (NASDAQ:MTRX) Set To Make A Turnaround?
Jan 22CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$31m |
| Jun 30 2024 | US$4m | US$800k | -US$25m |
| Mar 31 2024 | n/a | n/a | -US$21m |
| Dec 31 2023 | n/a | n/a | -US$19m |
| Sep 30 2023 | n/a | n/a | -US$49m |
| Jun 30 2023 | US$2m | US$800k | -US$52m |
| Mar 31 2023 | n/a | n/a | -US$39m |
| Dec 31 2022 | n/a | n/a | -US$61m |
| Sep 30 2022 | n/a | n/a | -US$53m |
| Jun 30 2022 | US$3m | US$794k | -US$64m |
| Mar 31 2022 | n/a | n/a | -US$88m |
| Dec 31 2021 | n/a | n/a | -US$66m |
| Sep 30 2021 | n/a | n/a | -US$46m |
| Jun 30 2021 | US$3m | US$726k | -US$31m |
| Mar 31 2021 | n/a | n/a | -US$26m |
| Dec 31 2020 | n/a | n/a | -US$19m |
| Sep 30 2020 | n/a | n/a | -US$42m |
| Jun 30 2020 | US$3m | US$800k | -US$33m |
| Mar 31 2020 | n/a | n/a | -US$15m |
| Dec 31 2019 | n/a | n/a | -US$112k |
| Sep 30 2019 | n/a | n/a | US$32m |
| Jun 30 2019 | US$3m | US$790k | US$28m |
| Mar 31 2019 | n/a | n/a | US$487k |
| Dec 31 2018 | n/a | n/a | -US$14m |
| Sep 30 2018 | n/a | n/a | -US$13m |
| Jun 30 2018 | US$2m | US$750k | -US$11m |
Compensation vs Market: John's total compensation ($USD4.10M) is above average for companies of similar size in the US market ($USD2.14M).
Compensation vs Earnings: John's compensation has increased whilst the company is unprofitable.
CEO
John Hewitt (66 yo)
13.7yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 13.7yrs | US$4.10m | 1.49% $ 4.9m | |
| VP of Finance | 14.1yrs | US$1.54m | 0.47% $ 1.5m | |
| VP & COO | 4.8yrs | US$1.64m | 0.30% $ 989.6k | |
| President of Matrix PDM Engineering | 5.3yrs | US$1.02m | 0.095% $ 314.6k | |
| President of Matrix Service Inc | 2.3yrs | US$1.14m | 0.10% $ 337.9k | |
| Chief Administrative Officer & VP | 8.4yrs | no data | 0.24% $ 783.8k | |
| Senior Director of Investor Relations | no data | no data | no data | |
| VP, General Counsel | 10.3yrs | no data | 0.14% $ 449.4k | |
| Vice President of Human Resources | 5.3yrs | no data | no data | |
| VP and Chief Business Development & Strategy Officer | 4.4yrs | no data | 0.22% $ 717.5k | |
| President of Matrix NAC | 1.4yrs | no data | 0.079% $ 259.4k |
5.3yrs
Average Tenure
60yo
Average Age
Experienced Management: MTRX's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 13.7yrs | US$4.10m | 1.49% $ 4.9m | |
| Independent Board Chair | 7.6yrs | US$219.45k | 0.22% $ 711.9k | |
| Independent Director | 7.5yrs | US$183.83k | 0.17% $ 561.6k | |
| Independent Director | 6.6yrs | US$176.33k | 0.15% $ 479.0k | |
| Independent Director | 10.7yrs | US$180.23k | 0.24% $ 806.7k | |
| Independent Director | 4.4yrs | US$175.08k | 0.11% $ 370.5k | |
| Independent Director | 2.6yrs | US$169.78k | 0.063% $ 207.8k |
7.5yrs
Average Tenure
63yo
Average Age
Experienced Board: MTRX's board of directors are considered experienced (7.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 00:16 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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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.
| Analyst | Institution |
|---|---|
| null null | Argus Research Company |
| Fredric Buonocore | CJS Securities, Inc. |
| Brent Thielman | D.A. Davidson & Co. |