Is MATRIX SERVICE CO (MTRX) Halal?

NASDAQ Industrials United States $320M
✗ NOT HALAL
Confidence: 90/100
MATRIX SERVICE CO (MTRX) is Not Halal under AAOIFI Standard 21. While the debt ratio of 7.0% is acceptable, the cash and interest-bearing securities ratio of 72.9% exceeds the 30% threshold. MATRIX SERVICE CO operates in the Industrials sector.

Shariah Screening — 5 Standards

Based on financial data from June 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 7.0%
/ 30%
72.9%
/ 30%
60.0%
/ 30%
0.86%
/ 5%
✗ NOT HALAL
DJIM 7.0%
/ 33%
72.9%
/ 33%
60.0%
/ 33%
0.86%
/ 5%
✗ NOT HALAL
MSCI 3.6%
/ 33%
37.4%
/ 33%
30.8%
/ 33%
0.86%
/ 5%
✗ NOT HALAL
S&P 7.0%
/ 33%
72.9%
/ 33%
60.0%
/ 33%
0.86%
/ 5%
✗ NOT HALAL
FTSE 3.6%
/ 33%
37.4%
/ 33%
30.8%
/ 50%
0.86%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.69
P/B Ratio
2.3
EV/EBITDA
-16.0
EV: $141M
Revenue
$769M
Growth: 12.5%
Beta
1.0
Average volatility
Current Ratio
0.9

Profitability

Gross Margin 5.8%
Operating Margin -0.9%
Net Margin -2.3%
Return on Equity (ROE) -13.3%
Return on Assets (ROA) -2.0%

Cash Flow & Balance Sheet

Operating Cash Flow$117M
Free Cash Flow$110M
Total Debt$21M
Debt-to-Equity14.1
Current Ratio0.9
Total Assets$600M

Price & Trading

Last Close$11.35
50-Day MA$11.84
200-Day MA$12.93
Avg Volume293K
Beta1.0
52-Week Range
$9.33
$16.11

About MATRIX SERVICE CO (MTRX)

CEO
Mr. John R. Hewitt
Employees
2,239
Sector
Industrials
Industry
Engineering & Construction
Country
United States
Exchange
NASDAQ
Market Cap
$320M
Currency
USD

Matrix Service Company provides engineering, fabrication, construction, and maintenance services to support critical energy infrastructure and industrial markets in the United States, Canada, and internationally. The company's Storage and Terminal Solutions segment offers engineering, procurement, fabrication, and construction services related to cryogenic, specialty tanks, and terminals for LNG, NGLs, hydrogen, ammonia, propane, butane, liquid nitrogen/liquid oxygen, and liquid petroleum; and plant work, truck and rail loading/offloading facilities, marine structures, and storage tank and terminal maintenance and repair, as well as undertakes work related to aboveground crude oil and refined product storage tanks and terminals. This segment also provides engineered specialty tank products, including geodesic domes, aluminum internal floating roofs, floating suction and skimmer systems, roof drain systems, and floating roof seals. Its Utility and Power Infrastructure segment undertakes power delivery work, including construction of new substations, upgrades of existing substations, and maintenance. This segment also provides engineering, procurement, fabrication, and construction services for LNG utility peak shaving facilities; and construction services to various power generation facilities, including natural gas fired facilities. The company's Process and Industrial Facilities segment offers plant maintenance, repair, and turnarounds, including refining and processing of crude oil, fractionating, and marketing of natural gas and natural gas liquids; and engineering, procurement, fabrication, and construction for refinery upgrades and retrofits for hydrogen processing, production, loading, and distribution facilities, as well as constructs thermal vacuum test chambers and other infrastructure for aerospace, defense, and other industries. Matrix Service Company was founded in 1984 and is headquartered in Tulsa, Oklahoma.

Related Halal Stocks in Industrials

Frequently Asked Questions

Is MATRIX SERVICE CO (MTRX) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), MATRIX SERVICE CO is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is MATRIX SERVICE CO's debt ratio?

MATRIX SERVICE CO's debt ratio is 7.0% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 3.6%.

What are MATRIX SERVICE CO's key financial metrics?

MATRIX SERVICE CO has a market capitalization of $320M, and revenue of $769M. The company maintains a gross margin of 5.8% and a net margin of -2.3%. Return on equity stands at -13.3%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.