Mativ (MATV) Financials

$5.26 +0.03 (+0.57%)

Closing price 03:59 PM Eastern

Extended Trading

$5.28 +0.02 (+0.29%)

As of 04:41 PM Eastern

Annual Income Statements for Mativ

This table shows Mativ's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	-6.60	-310	-49
Consolidated Net Income / (Loss)	-6.60	-310	-49
Net Income / (Loss) Continuing Operations	-69	-508	-49
Total Pre-Tax Income	-97	-481	-79
Total Operating Income	-40	-414	6.30
Total Gross Profit	306	356	364
Total Revenue	1,637	2,026	1,981
Operating Revenue	1,637	2,026	1,981
Total Cost of Revenue	1,331	1,670	1,617
Operating Cost of Revenue	1,331	1,670	1,617
Total Operating Expenses	346	770	358
Selling, General & Admin Expense	255	264	234
Research & Development Expense	19	21	23
Amortization Expense	53	61	63
Impairment Charge	19	424	38
Total Other Income / (Expense), net	-56	-67	-85
Interest Expense	57	62	82
Other Income / (Expense), net	1.00	-4.80	-3.20
Income Tax Expense	-28	27	-30
Net Income / (Loss) Discontinued Operations	62	198	0.00
Basic Earnings per Share	($0.18)	($5.69)	($0.90)
Weighted Average Basic Shares Outstanding	42.44M	54.51M	54.31M
Diluted Earnings per Share	($0.18)	($5.69)	($0.90)
Weighted Average Diluted Shares Outstanding	42.44M	54.51M	54.31M
Weighted Average Basic & Diluted Shares Outstanding	54.98M	54.30M	54.52M
Cash Dividends to Common per Share	$1.68	$1.00	$0.40

This table shows Mativ's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	-23	3.00	-7.80	-4.60	-456	158	-28	-1.50	-21	1.70
Consolidated Net Income / (Loss)	-23	2.50	-7.70	-4.50	-455	158	-28	-1.40	-21	1.50
Net Income / (Loss) Continuing Operations	-34	-48	-16	-14	-464	-14	-28	-1.40	-21	1.50
Total Pre-Tax Income	-45	-68	-19	-8.60	-437	-17	-30	-9.00	-24	-16
Total Operating Income	-32	-47	-2.20	10	-420	-2.20	-14	11	7.00	2.60
Total Gross Profit	96	18	88	96	87	86	84	109	94	78
Total Revenue	552	252	549	527	498	452	500	524	499	459
Operating Revenue	552	252	549	527	498	452	500	524	499	459
Total Cost of Revenue	455	235	461	431	412	366	416	415	405	381
Operating Cost of Revenue	455	235	461	431	412	366	416	415	405	381
Total Operating Expenses	128	65	90	85	507	88	98	98	87	75
Selling, General & Admin Expense	120	7.30	82	80	84	18	77	81	70	5.90
Research & Development Expense	5.90	2.30	6.70	4.50	5.40	4.60	6.00	5.80	5.70	5.50
Total Other Income / (Expense), net	-14	-21	-16	-19	-17	-15	-17	-20	-31	-18
Interest Expense	15	7.50	16	16	17	13	18	18	18	27
Other Income / (Expense), net	1.40	-13	-0.70	-2.60	-0.30	-1.20	1.70	-1.10	-13	8.90
Income Tax Expense	-11	-23	-3.00	5.70	27	-3.20	-2.40	-7.60	-3.20	-17
Basic Earnings per Share	($0.43)	($0.16)	($0.14)	($0.08)	($8.33)	$2.86	($0.52)	($0.03)	($0.38)	$0.03
Weighted Average Basic Shares Outstanding	52.59M	42.44M	54.48M	54.66M	54.66M	54.51M	54.27M	54.32M	54.33M	54.31M
Diluted Earnings per Share	($22,700,000.43)	$11,199,999.84	($7,800,000.14)	($4,600,000.08)	($455,500,008.33)	$467,900,002.86	($28,000,000.52)	($1,500,000.03)	($20,900,000.38)	$50,400,000.03
Weighted Average Diluted Shares Outstanding	52.59M	42.44M	54.48M	54.66M	54.66M	54.51M	54.27M	54.32M	54.33M	54.31M
Weighted Average Basic & Diluted Shares Outstanding	54.94M	54.98M	54.84M	54.71M	54.20M	54.30M	54.32M	54.33M	54.34M	54.52M
Cash Dividends to Common per Share	$0.40	$0.40	$0.40	$0.40	$0.10	$0.10	$0.10	$0.10	$0.10	$0.10

This table details how cash moves in and out of Mativ's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Change in Cash & Equivalents	50	-4.20	-26
Net Cash From Operating Activities	202	107	95
Net Cash From Continuing Operating Activities	125	77	95
Net Income / (Loss) Continuing Operations	-69	-508	-49
Consolidated Net Income / (Loss)	-6.60	-310	-49
Net Income / (Loss) Discontinued Operations	62	198	0.00
Depreciation Expense	110	148	144
Amortization Expense	6.40	7.60	7.80
Non-Cash Adjustments To Reconcile Net Income	43	430	29
Changes in Operating Assets and Liabilities, net	34	-1.00	-37
Net Cash From Discontinued Operating Activities	78	30	0.00
Net Cash From Investing Activities	-481	547	-57
Net Cash From Continuing Investing Activities	-469	-61	-45
Purchase of Property, Plant & Equipment	-48	-66	-56
Acquisitions	-463	0.00	0.00
Sale of Property, Plant & Equipment	7.50	0.00	5.80
Sale and/or Maturity of Investments	36	0.00	-1.70
Other Investing Activities, net	-1.90	5.00	6.80
Net Cash From Discontinued Investing Activities	-12	609	-12
Net Cash From Financing Activities	332	-663	-56
Net Cash From Continuing Financing Activities	333	-662	-56
Repayment of Debt	-363	-836	-563
Payment of Dividends	-72	-55	-22
Issuance of Debt	775	241	531
Other Financing Activities, net	-7.50	-12	-2.30
Net Cash From Discontinued Financing Activities	-1.00	-0.90	0.00
Effect of Exchange Rate Changes	-2.70	4.90	-8.10
Cash Interest Paid	85	121	91
Cash Income Taxes Paid	26	38	15

This table details how cash moves in and out of Mativ's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	26	42	-27	11	-4.00	17	8.70	4.50	29	-68
Net Cash From Operating Activities	-0.80	185	-21	40	33	54	-13	46	38	24
Net Cash From Continuing Operating Activities	-63	169	-24	30	32	39	-13	46	38	24
Net Income / (Loss) Continuing Operations	-80	-2.50	-16	-14	-464	-14	-28	-1.40	-21	1.50
Consolidated Net Income / (Loss)	-23	2.50	-7.70	-4.50	-455	158	-28	-1.40	-21	1.50
Depreciation Expense	25	37	37	38	37	35	36	36	36	35
Amortization Expense	1.70	1.30	1.80	1.90	1.90	2.00	2.00	1.90	2.00	1.90
Non-Cash Adjustments To Reconcile Net Income	6.70	15	2.30	-4.10	408	24	-0.60	12	19	-1.70
Changes in Operating Assets and Liabilities, net	-16	119	-50	8.40	50	-8.70	-23	-2.60	1.70	-13
Net Cash From Investing Activities	-480	-20	-19	-20	-19	605	-21	-11	-9.40	-15
Net Cash From Continuing Investing Activities	-471	-16	-15	-19	-16	-12	-9.10	-11	-9.40	-15
Purchase of Property, Plant & Equipment	-9.80	-19	-14	-21	-15	-17	-12	-8.80	-13	-22
Sale of Property, Plant & Equipment	-	0.10	0.00	-	-	-	2.00	-	2.50	1.30
Other Investing Activities, net	-6.50	3.00	-0.50	1.80	-0.80	4.50	1.00	-0.40	0.60	5.60
Net Cash From Financing Activities	512	-129	12	-9.70	-16	-649	46	-29	-4.20	-68
Net Cash From Continuing Financing Activities	513	-129	12	-9.20	-16	-649	46	-29	-4.20	-68
Repayment of Debt	-142	-161	-20	-45	-71	-700	-17	-49	-32	-466
Payment of Dividends	-22	-22	-22	-22	-5.50	-5.50	-5.40	-5.40	-5.40	-5.40
Issuance of Debt	680	55	55	60	65	61	69	25	33	404
Other Financing Activities, net	-	-7.20	-0.20	-0.30	-0.20	-11	-0.40	-0.30	-0.10	-1.50
Effect of Exchange Rate Changes	-5.40	5.60	1.00	0.20	-2.10	5.80	-3.00	-1.30	4.80	-8.60
Cash Interest Paid	19	37	26	40	29	27	17	29	18	28
Cash Income Taxes Paid	-0.10	9.20	2.30	17	8.20	10	1.70	7.00	-0.50	6.70

This table presents Mativ's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Total Assets	3,669	2,642	2,448
Total Current Assets	975	713	658
Cash & Equivalents	101	120	94
Accounts Receivable	178	177	162
Inventories, net	415	353	355
Current Deferred & Refundable Income Taxes	19	31	21
Other Current Assets	28	32	26
Plant, Property, & Equipment, net	692	673	620
Total Noncurrent Assets	2,003	1,257	1,170
Noncurrent Note & Lease Receivables	17	18	16
Goodwill	844	474	466
Intangible Assets	710	631	553
Noncurrent Deferred & Refundable Income Taxes	34	6.40	8.10
Other Noncurrent Operating Assets	141	127	126
Total Liabilities & Shareholders' Equity	3,669	2,642	2,448
Total Liabilities	2,490	1,693	1,589
Total Current Liabilities	466	281	275
Short-Term Debt	34	2.80	2.60
Accounts Payable	181	139	152
Accrued Expenses	129	114	101
Current Deferred & Payable Income Tax Liabilities	10	14	8.40
Other Current Liabilities	9.40	11	11
Total Noncurrent Liabilities	2,024	1,412	1,315
Long-Term Debt	1,656	1,102	1,087
Capital Lease Obligations	25	35	36
Noncurrent Deferred Revenue	14	7.70	0.00
Noncurrent Deferred & Payable Income Tax Liabilities	152	142	101
Noncurrent Employee Benefit Liabilities	60	62	54
Other Noncurrent Operating Liabilities	49	63	37
Total Equity & Noncontrolling Interests	1,179	949	859
Total Preferred & Common Equity	1,179	949	859
Preferred Stock	0.00	0.00	0.00
Total Common Equity	1,179	949	859
Common Stock	664	675	681
Retained Earnings	611	235	164
Accumulated Other Comprehensive Income / (Loss)	-95	39	13

This table presents Mativ's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	3,713	3,675	3,649	3,118	2,653	2,608	2,623
Total Current Assets	1,064	1,005	963	914	759	752	777
Cash & Equivalents	82	97	108	85	129	133	162
Accounts Receivable	454	304	278	179	226	218	209
Inventories, net	485	544	522	365	341	347	354
Current Deferred & Refundable Income Taxes	16	21	20	18	29	21	17
Other Current Assets	27	39	36	29	35	32	36
Plant, Property, & Equipment, net	843	872	875	665	652	633	636
Total Noncurrent Assets	1,805	1,797	1,811	1,538	1,241	1,223	1,210
Noncurrent Note & Lease Receivables	-	17	17	17	18	17	17
Goodwill	849	871	875	468	471	470	476
Intangible Assets	661	675	660	637	610	592	586
Noncurrent Deferred & Refundable Income Taxes	31	35	34	2.80	8.60	9.70	10
Other Noncurrent Operating Assets	200	139	168	168	135	135	122
Total Liabilities & Shareholders' Equity	3,713	3,675	3,649	3,118	2,653	2,608	2,623
Total Liabilities	2,580	2,516	2,500	2,445	1,746	1,710	1,741
Total Current Liabilities	439	469	426	404	300	305	328
Short-Term Debt	1.80	35	35	35	2.70	2.70	2.80
Accounts Payable	239	254	214	149	166	169	173
Accrued Expenses	187	155	151	109	100	110	131
Current Deferred & Payable Income Tax Liabilities	12	16	17	12	19	13	10
Other Current Liabilities	-	9.80	9.50	9.40	12	11	11
Total Noncurrent Liabilities	2,141	2,047	2,074	2,041	1,446	1,404	1,413
Long-Term Debt	1,827	1,698	1,713	1,704	1,155	1,134	1,141
Capital Lease Obligations	-	27	38	31	36	35	35
Noncurrent Deferred Revenue	14	15	8.40	7.70	7.70	0.00	0.00
Noncurrent Deferred & Payable Income Tax Liabilities	141	158	160	137	131	121	116
Noncurrent Employee Benefit Liabilities	95	80	79	56	61	60	59
Other Noncurrent Operating Liabilities	65	69	75	43	56	55	63
Total Equity & Noncontrolling Interests	1,133	1,159	1,149	673	907	898	882
Total Preferred & Common Equity	1,133	1,159	1,149	673	907	898	882
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,133	1,159	1,149	673	907	898	882
Common Stock	660	668	671	674	673	675	677
Retained Earnings	631	579	551	86	202	195	168
Accumulated Other Comprehensive Income / (Loss)	-158	-88	-73	-87	33	28	37

This table displays calculated financial ratios and metrics derived from Mativ's official financial filings.

Metric	2022	2023	2024
Growth Metrics	-	-	-
Revenue Growth	75.88%	23.77%	-2.22%
EBITDA Growth	-9.29%	-441.50%	158.75%
EBIT Growth	-382.01%	-968.11%	100.74%
NOPAT Growth	-148.15%	-929.60%	101.52%
Net Income Growth	-107.42%	-4,589.39%	84.26%
EPS Growth	-100.00%	-3,061.11%	84.18%
Operating Cash Flow Growth	248.62%	-47.28%	-11.07%
Free Cash Flow Firm Growth	-2,369.31%	131.97%	-61.26%
Invested Capital Growth	35.24%	-20.41%	-4.01%
Revenue Q/Q Growth	29.32%	10.96%	0.32%
EBITDA Q/Q Growth	148.71%	17.41%	10.58%
EBIT Q/Q Growth	-2.35%	11.95%	126.27%
NOPAT Q/Q Growth	50.86%	9.77%	320.00%
Net Income Q/Q Growth	-114.93%	33.40%	-145.30%
EPS Q/Q Growth	-100.00%	100.00%	-100.00%
Operating Cash Flow Q/Q Growth	323.90%	-55.10%	-24.10%
Free Cash Flow Firm Q/Q Growth	37.06%	-54.07%	-34.84%
Invested Capital Q/Q Growth	-12.11%	-2.78%	-0.44%
Profitability Metrics	-	-	-
Gross Margin	18.69%	17.56%	18.38%
EBITDA Margin	4.71%	-13.00%	7.81%
Operating Margin	-2.46%	-20.43%	0.32%
EBIT Margin	-2.39%	-20.67%	0.16%
Profit (Net Income) Margin	-0.40%	-15.28%	-2.46%
Tax Burden Percent	6.84%	64.36%	61.72%
Interest Burden Percent	246.17%	114.86%	-2,545.16%
Effective Tax Rate	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-1.31%	-13.04%	0.23%
ROIC Less NNEP Spread (ROIC-NNEP)	0.46%	-14.75%	-4.95%
Return on Net Nonoperating Assets (RNNOA)	0.60%	-16.04%	-5.62%
Return on Equity (ROE)	-0.71%	-29.08%	-5.39%
Cash Return on Invested Capital (CROIC)	-31.27%	9.68%	4.32%
Operating Return on Assets (OROA)	-1.29%	-13.27%	0.12%
Return on Assets (ROA)	-0.22%	-9.81%	-1.91%
Return on Common Equity (ROCE)	-0.71%	-29.08%	-5.39%
Return on Equity Simple (ROE_SIMPLE)	-0.56%	-32.61%	-5.67%
Net Operating Profit after Tax (NOPAT)	-28	-290	4.41
NOPAT Margin	-1.72%	-14.30%	0.22%
Net Nonoperating Expense Percent (NNEP)	-1.76%	1.71%	5.18%
Return On Investment Capital (ROIC_SIMPLE)	-0.97%	-13.87%	0.22%
Cost of Revenue to Revenue	81.31%	82.44%	81.62%
SG&A Expenses to Revenue	15.57%	13.03%	11.80%
R&D to Revenue	1.15%	1.05%	1.16%
Operating Expenses to Revenue	21.15%	37.99%	18.06%
Earnings before Interest and Taxes (EBIT)	-39	-419	3.10
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	77	-263	155
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	0.89	0.84	0.68
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.64	0.39	0.29
Price to Earnings (P/E)	0.00	0.00	0.00
Dividend Yield	8.84%	6.81%	3.74%
Earnings Yield	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.07	0.92	0.85
Enterprise Value to Revenue (EV/Rev)	1.62	0.90	0.81
Enterprise Value to EBITDA (EV/EBITDA)	34.47	0.00	10.43
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	520.39
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	365.81
Enterprise Value to Operating Cash Flow (EV/OCF)	13.15	17.03	17.02
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	8.44	19.36
Leverage & Solvency	-	-	-
Debt to Equity	1.45	1.20	1.31
Long-Term Debt to Equity	1.43	1.20	1.31
Financial Leverage	1.31	1.09	1.13
Leverage Ratio	3.27	2.97	2.82
Compound Leverage Factor	8.05	3.41	-71.67
Debt to Total Capital	59.25%	54.57%	56.73%
Short-Term Debt to Total Capital	1.16%	0.13%	0.13%
Long-Term Debt to Total Capital	58.09%	54.43%	56.60%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%
Common Equity to Total Capital	40.75%	45.43%	43.27%
Debt to EBITDA	22.24	-4.33	7.28
Net Debt to EBITDA	20.93	-3.87	6.67
Long-Term Debt to EBITDA	21.81	-4.32	7.26
Debt to NOPAT	-60.95	-3.93	255.26
Net Debt to NOPAT	-57.35	-3.52	233.88
Long-Term Debt to NOPAT	-59.75	-3.92	254.67
Altman Z-Score	1.06	0.85	1.32
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-
Current Ratio	2.09	2.53	2.40
Quick Ratio	0.60	1.05	0.94
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	-673	215	83
Operating Cash Flow to CapEx	496.81%	160.54%	190.36%
Free Cash Flow to Firm to Interest Expense	-11.74	3.46	1.02
Operating Cash Flow to Interest Expense	3.53	1.71	1.16
Operating Cash Flow Less CapEx to Interest Expense	2.82	0.65	0.55
Efficiency Ratios	-	-	-
Asset Turnover	0.54	0.64	0.78
Accounts Receivable Turnover	7.87	11.42	11.69
Inventory Turnover	3.95	4.35	4.57
Fixed Asset Turnover	2.84	2.97	3.06
Accounts Payable Turnover	8.97	10.44	11.11
Days Sales Outstanding (DSO)	46.40	31.95	31.22
Days Inventory Outstanding (DIO)	92.44	83.86	79.91
Days Payable Outstanding (DPO)	40.67	34.95	32.84
Cash Conversion Cycle (CCC)	98.17	80.86	78.28
Capital & Investment Metrics	-	-	-
Invested Capital	2,474	1,969	1,890
Invested Capital Turnover	0.76	0.91	1.03
Increase / (Decrease) in Invested Capital	645	-505	-79
Enterprise Value (EV)	2,658	1,816	1,613
Market Capitalization	1,044	796	582
Book Value per Share	$21.46	$17.51	$15.80
Tangible Book Value per Share	($6.83)	($2.88)	($2.95)
Total Capital	2,894	2,089	1,984
Total Debt	1,715	1,140	1,126
Total Long-Term Debt	1,681	1,137	1,123
Net Debt	1,614	1,020	1,031
Capital Expenditures (CapEx)	41	66	50
Debt-free, Cash-free Net Working Capital (DFCFNWC)	441	314	292
Debt-free Net Working Capital (DFNWC)	542	434	386
Net Working Capital (NWC)	509	431	384
Net Nonoperating Expense (NNE)	-22	20	53
Net Nonoperating Obligations (NNO)	1,294	1,020	1,031
Total Depreciation and Amortization (D&A)	116	155	152
Debt-free, Cash-free Net Working Capital to Revenue	26.94%	15.48%	14.73%
Debt-free Net Working Capital to Revenue	33.12%	21.42%	19.49%
Net Working Capital to Revenue	31.06%	21.28%	19.36%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	($0.18)	($5.69)	($0.90)
Adjusted Weighted Average Basic Shares Outstanding	42.44M	54.51M	54.31M
Adjusted Diluted Earnings per Share	($0.18)	($310,200,005.69)	($0.90)
Adjusted Weighted Average Diluted Shares Outstanding	42.44M	54.51M	54.31M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	54.98M	54.30M	54.52M
Normalized Net Operating Profit after Tax (NOPAT)	-15	6.79	31
Normalized NOPAT Margin	-0.90%	0.34%	1.57%
Pre Tax Income Margin	-5.90%	-23.74%	-3.98%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	-0.68	-6.73	0.04
NOPAT to Interest Expense	-0.49	-4.66	0.05
EBIT Less CapEx to Interest Expense	-1.39	-7.80	-0.57
NOPAT Less CapEx to Interest Expense	-1.20	-5.73	-0.55
Payout Ratios	-	-	-
Dividend Payout Ratio	-1,093.94%	-17.87%	-44.35%
Augmented Payout Ratio	-1,093.94%	-17.87%	-44.35%

This table displays calculated financial ratios and metrics derived from Mativ's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	43.77%	312.11%	34.96%	23.48%	-9.66%	79.34%	-8.89%	-0.51%	0.06%	1.39%
EBITDA Growth	-106.72%	65.60%	-12.38%	-21.67%	-10,788.57%	258.14%	-27.42%	0.00%	108.40%	43.53%
EBIT Growth	-213.11%	-1.52%	-118.01%	-77.78%	-1,291.39%	94.35%	-317.24%	20.51%	98.64%	438.24%
NOPAT Growth	-210.75%	46.95%	53.51%	-61.89%	-1,228.80%	95.32%	-527.27%	0.96%	101.67%	218.18%
Net Income Growth	-284.43%	-95.31%	-581.25%	-138.14%	-1,922.22%	6,208.00%	-263.64%	68.89%	95.43%	-99.05%
EPS Growth	-5,973,684,423.68%	-87.24%	-15,600,000,380.00%	-140.00%	-1,906.61%	4,077.68%	-258.97%	67.39%	95.41%	-89.23%
Operating Cash Flow Growth	-110.39%	506.56%	-514.00%	209.23%	4,212.50%	-70.70%	37.20%	14.68%	14.29%	-55.54%
Free Cash Flow Firm Growth	-61.17%	-769.35%	-27.89%	-14,732.08%	147.93%	174.29%	185.95%	190.20%	-73.41%	-83.96%
Invested Capital Growth	56.10%	35.24%	48.95%	51.47%	-28.05%	-20.41%	-28.64%	-30.15%	-6.26%	-4.01%
Revenue Q/Q Growth	29.34%	-54.27%	117.68%	-4.10%	-5.38%	-9.21%	10.59%	4.72%	-4.83%	-8.00%
EBITDA Q/Q Growth	-105.75%	-514.29%	267.91%	32.13%	-898.95%	108.92%	-22.94%	82.06%	-32.91%	52.50%
EBIT Q/Q Growth	-186.04%	-99.34%	95.18%	368.97%	-5,487.18%	99.19%	-255.88%	177.69%	-160.64%	301.75%
NOPAT Q/Q Growth	-215.81%	-48.73%	95.32%	572.73%	-4,137.50%	99.48%	-527.27%	176.09%	-33.33%	-62.86%
Net Income Q/Q Growth	-290.68%	111.11%	-408.00%	41.56%	-10,011.11%	134.66%	-117.76%	95.00%	-1,385.71%	107.21%
EPS Q/Q Growth	-297.39%	149.34%	-169.64%	41.03%	-9,802.17%	202.72%	-105.98%	94.64%	-1,293.33%	341.15%
Operating Cash Flow Q/Q Growth	-106.15%	23,225.00%	-111.19%	294.20%	-18.16%	64.74%	-123.99%	454.62%	-18.44%	-35.90%
Free Cash Flow Firm Q/Q Growth	-16,308.44%	34.46%	-34.25%	-2.74%	153.02%	1.59%	55.32%	7.82%	-84.37%	-38.71%
Invested Capital Q/Q Growth	53.84%	-12.11%	11.69%	0.30%	-26.92%	-2.78%	0.14%	-1.82%	-1.93%	-0.44%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	17.43%	7.02%	15.97%	18.14%	17.40%	18.99%	16.79%	20.79%	18.78%	16.92%
EBITDA Margin	-0.63%	-8.53%	6.58%	9.06%	-76.50%	7.52%	5.24%	9.11%	6.42%	10.64%
Operating Margin	-5.73%	-18.64%	-0.40%	1.98%	-84.28%	-0.49%	-2.76%	2.00%	1.40%	0.57%
EBIT Margin	-5.48%	-23.87%	-0.53%	1.48%	-84.34%	-0.75%	-2.42%	1.79%	-1.14%	2.51%
Profit (Net Income) Margin	-4.08%	0.99%	-1.40%	-0.85%	-91.33%	34.87%	-5.60%	-0.27%	-4.17%	0.33%
Tax Burden Percent	49.89%	-3.69%	41.62%	52.33%	104.12%	-938.69%	92.11%	15.56%	86.67%	-9.68%
Interest Burden Percent	149.34%	112.46%	637.93%	-110.26%	104.00%	494.12%	251.24%	-95.74%	421.05%	-134.78%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-2.20%	-9.93%	-0.22%	1.13%	-44.52%	-0.31%	-1.61%	1.18%	0.99%	0.41%
ROIC Less NNEP Spread (ROIC-NNEP)	-2.23%	-7.03%	-0.66%	0.28%	-55.14%	13.45%	-2.99%	0.52%	-1.18%	0.38%
Return on Net Nonoperating Assets (RNNOA)	-3.59%	-9.21%	-0.98%	0.41%	-92.62%	14.63%	-3.86%	0.67%	-1.80%	0.43%
Return on Equity (ROE)	-5.78%	-19.14%	-1.20%	1.54%	-137.14%	14.32%	-5.47%	1.85%	-0.81%	0.83%
Cash Return on Invested Capital (CROIC)	-46.29%	-31.27%	-40.93%	-43.08%	19.35%	9.68%	20.85%	22.85%	6.52%	4.32%
Operating Return on Assets (OROA)	-2.26%	-12.83%	-0.31%	0.92%	-45.09%	-0.48%	-1.51%	1.13%	-0.79%	1.95%
Return on Assets (ROA)	-1.68%	0.53%	-0.82%	-0.53%	-48.83%	22.38%	-3.50%	-0.17%	-2.87%	0.25%
Return on Common Equity (ROCE)	-5.78%	-19.14%	-1.20%	1.54%	-137.14%	14.32%	-5.47%	1.85%	-0.81%	0.83%
Return on Equity Simple (ROE_SIMPLE)	3.90%	0.00%	-1.37%	-2.80%	-69.05%	0.00%	-36.37%	-36.38%	12.18%	0.00%
Net Operating Profit after Tax (NOPAT)	-22	-33	-1.54	7.28	-294	-1.54	-9.66	7.35	4.90	1.82
NOPAT Margin	-4.01%	-13.05%	-0.28%	1.38%	-59.00%	-0.34%	-1.93%	1.40%	0.98%	0.40%
Net Nonoperating Expense Percent (NNEP)	0.03%	-2.90%	0.45%	0.85%	10.62%	-13.76%	1.37%	0.66%	2.17%	0.03%
Return On Investment Capital (ROIC_SIMPLE)	-0.75%	-1.14%	-0.05%	0.25%	-12.04%	-0.07%	-0.46%	0.36%	0.24%	0.09%
Cost of Revenue to Revenue	82.57%	92.98%	84.03%	81.86%	82.60%	81.01%	83.21%	79.21%	81.22%	83.08%
SG&A Expenses to Revenue	21.76%	2.89%	15.01%	15.21%	16.84%	3.87%	15.47%	15.43%	13.98%	1.29%
R&D to Revenue	1.07%	0.91%	1.22%	0.85%	1.08%	1.02%	1.20%	1.11%	1.14%	1.20%
Operating Expenses to Revenue	23.16%	25.65%	16.38%	16.16%	101.69%	19.48%	19.55%	18.79%	17.37%	16.35%
Earnings before Interest and Taxes (EBIT)	-30	-60	-2.90	7.80	-420	-3.40	-12	9.40	-5.70	12
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-3.50	-22	36	48	-381	34	26	48	32	49
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.95	0.89	0.94	0.68	1.10	0.84	1.08	0.99	1.02	0.68
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.85	0.64	0.61	0.42	0.41	0.39	0.50	0.45	0.46	0.29
Price to Earnings (P/E)	25.36	0.00	0.00	0.00	0.00	0.00	0.00	0.00	8.33	0.00
Dividend Yield	8.74%	8.84%	8.27%	11.18%	9.58%	6.81%	3.87%	2.43%	2.41%	3.74%
Earnings Yield	3.94%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	12.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.98	1.07	0.97	0.87	1.20	0.92	1.04	1.00	1.01	0.85
Enterprise Value to Revenue (EV/Rev)	2.18	1.62	1.51	1.28	1.33	0.90	1.04	0.98	0.97	0.81
Enterprise Value to EBITDA (EV/EBITDA)	89.10	34.47	37.41	40.93	0.00	0.00	0.00	0.00	13.70	10.43
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	520.39
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1,824.80	365.81
Enterprise Value to Operating Cash Flow (EV/OCF)	57.90	13.15	15.26	11.81	10.22	17.03	17.91	16.06	15.34	17.02
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	5.18	8.44	4.15	3.59	14.99	19.36
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.61	1.45	1.52	1.55	2.63	1.20	1.32	1.30	1.34	1.31
Long-Term Debt to Equity	1.61	1.43	1.49	1.52	2.58	1.20	1.31	1.30	1.33	1.31
Financial Leverage	1.61	1.31	1.48	1.50	1.68	1.09	1.29	1.30	1.52	1.13
Leverage Ratio	3.47	3.27	3.29	3.28	3.78	2.97	3.06	3.06	3.69	2.82
Compound Leverage Factor	5.18	3.68	20.97	-3.61	3.93	14.65	7.69	-2.93	15.54	-3.80
Debt to Total Capital	61.74%	59.25%	60.29%	60.85%	72.44%	54.57%	56.82%	56.60%	57.18%	56.73%
Short-Term Debt to Total Capital	0.06%	1.16%	1.20%	1.18%	1.41%	0.13%	0.13%	0.13%	0.14%	0.13%
Long-Term Debt to Total Capital	61.68%	58.09%	59.09%	59.67%	71.03%	54.43%	56.69%	56.47%	57.04%	56.60%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	38.26%	40.75%	39.71%	39.15%	27.56%	45.43%	43.18%	43.40%	42.82%	43.27%
Debt to EBITDA	58.98	22.24	24.45	30.37	-5.55	-4.33	-4.37	-4.29	8.42	7.28
Net Debt to EBITDA	54.24	20.93	22.27	27.59	-5.28	-3.87	-3.90	-3.80	7.26	6.67
Long-Term Debt to EBITDA	58.93	21.81	23.96	29.78	-5.44	-4.32	-4.36	-4.28	8.40	7.26
Debt to NOPAT	-31.93	-60.95	-47.45	-36.24	-5.51	-3.93	-4.01	-3.93	1,122.10	255.26
Net Debt to NOPAT	-29.37	-57.35	-43.22	-32.91	-5.25	-3.52	-3.57	-3.48	967.62	233.88
Long-Term Debt to NOPAT	-31.90	-59.75	-46.50	-35.53	-5.40	-3.92	-4.00	-3.92	1,119.43	254.67
Altman Z-Score	1.01	1.04	1.14	1.10	0.56	1.36	1.38	1.39	1.35	1.33
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.42	2.09	2.15	2.26	2.27	2.53	2.54	2.46	2.37	2.40
Quick Ratio	1.22	0.60	0.86	0.90	0.65	1.05	1.18	1.15	1.13	0.94
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-1,034	-677	-909	-934	495	503	782	843	132	81
Operating Cash Flow to CapEx	-8.16%	978.84%	-144.76%	192.34%	223.81%	328.48%	-128.71%	523.86%	376.00%	115.31%
Free Cash Flow to Firm to Interest Expense	-69.37	-90.32	-58.30	-56.97	29.49	37.56	42.71	45.80	7.20	2.99
Operating Cash Flow to Interest Expense	-0.05	24.67	-1.33	2.45	1.96	4.04	-0.71	2.51	2.05	0.89
Operating Cash Flow Less CapEx to Interest Expense	-0.71	22.15	-2.24	1.18	1.08	2.81	-1.26	2.03	1.51	0.12
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.41	0.54	0.58	0.62	0.53	0.64	0.63	0.63	0.69	0.78
Accounts Receivable Turnover	3.63	7.87	6.11	6.78	5.76	11.42	7.46	7.97	10.18	11.69
Inventory Turnover	2.81	3.95	3.62	3.97	3.62	4.35	3.67	3.70	4.46	4.57
Fixed Asset Turnover	1.93	2.84	2.69	2.89	2.42	2.97	2.59	2.62	3.04	3.06
Accounts Payable Turnover	5.90	8.97	7.86	9.37	7.93	10.44	7.75	8.40	9.95	11.11
Days Sales Outstanding (DSO)	100.42	46.40	59.77	53.85	63.33	31.95	48.92	45.82	35.84	31.22
Days Inventory Outstanding (DIO)	129.98	92.44	100.86	92.05	100.84	83.86	99.43	98.54	81.88	79.91
Days Payable Outstanding (DPO)	61.87	40.67	46.46	38.95	46.03	34.95	47.10	43.44	36.67	32.84
Cash Conversion Cycle (CCC)	168.54	98.17	114.17	106.94	118.14	80.86	101.25	100.92	81.04	78.28
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,814	2,474	2,763	2,771	2,025	1,969	1,972	1,936	1,898	1,890
Invested Capital Turnover	0.55	0.76	0.77	0.82	0.75	0.91	0.84	0.84	1.01	1.03
Increase / (Decrease) in Invested Capital	1,012	645	908	942	-789	-505	-791	-835	-127	-79
Enterprise Value (EV)	2,762	2,658	2,693	2,407	2,427	1,816	2,047	1,931	1,916	1,613
Market Capitalization	1,081	1,044	1,090	785	743	796	982	893	900	582
Book Value per Share	$20.63	$21.46	$21.09	$20.95	$12.30	$17.51	$16.70	$16.53	$16.24	$15.80
Tangible Book Value per Share	($6.87)	($6.83)	($7.03)	($7.04)	($7.89)	($2.88)	($3.20)	($3.00)	($3.29)	($2.95)
Total Capital	2,961	2,894	2,920	2,935	2,442	2,089	2,100	2,069	2,061	1,984
Total Debt	1,829	1,715	1,760	1,786	1,769	1,140	1,194	1,171	1,178	1,126
Total Long-Term Debt	1,827	1,681	1,725	1,751	1,735	1,137	1,191	1,168	1,175	1,123
Net Debt	1,682	1,614	1,604	1,622	1,684	1,020	1,065	1,038	1,016	1,031
Capital Expenditures (CapEx)	9.80	19	14	21	15	17	10	8.80	10	21
Debt-free, Cash-free Net Working Capital (DFCFNWC)	544	441	475	464	461	314	334	316	290	292
Debt-free Net Working Capital (DFNWC)	627	542	572	572	545	434	463	449	452	386
Net Working Capital (NWC)	625	509	537	537	511	431	460	447	449	384
Net Nonoperating Expense (NNE)	0.38	-35	6.16	12	161	-159	18	8.75	26	0.32
Net Nonoperating Obligations (NNO)	1,682	1,294	1,604	1,622	1,352	1,020	1,065	1,038	1,016	1,031
Total Depreciation and Amortization (D&A)	27	39	39	40	39	37	38	38	38	37
Debt-free, Cash-free Net Working Capital to Revenue	42.99%	26.94%	26.69%	24.70%	25.23%	15.48%	16.87%	16.00%	14.68%	14.73%
Debt-free Net Working Capital to Revenue	49.49%	33.12%	32.14%	30.42%	29.87%	21.42%	23.39%	22.76%	22.89%	19.49%
Net Working Capital to Revenue	49.35%	31.06%	30.17%	28.58%	27.98%	21.28%	23.26%	22.62%	22.75%	19.36%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.43)	($0.16)	($0.14)	($0.08)	($8.33)	$2.86	($0.52)	($0.03)	($0.38)	$0.03
Adjusted Weighted Average Basic Shares Outstanding	52.59M	42.44M	54.48M	54.66M	54.66M	54.51M	54.27M	54.32M	54.33M	54.31M
Adjusted Diluted Earnings per Share	($0.43)	$11,199,999.84	($0.14)	($4,600,000.08)	($455,500,008.33)	$467,900,002.86	($28,000,000.52)	($1,500,000.03)	($20,900,000.38)	$50,400,000.03
Adjusted Weighted Average Diluted Shares Outstanding	52.59M	42.44M	54.48M	54.66M	54.66M	54.51M	54.27M	54.32M	54.33M	54.31M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	54.94M	54.98M	54.84M	54.71M	54.20M	54.30M	54.32M	54.33M	54.34M	54.52M
Normalized Net Operating Profit after Tax (NOPAT)	-21	-33	-0.98	7.63	-1.82	-1.54	0.42	16	13	1.82
Normalized NOPAT Margin	-3.78%	-13.05%	-0.18%	1.45%	-0.37%	-0.34%	0.08%	2.98%	2.56%	0.40%
Pre Tax Income Margin	-8.18%	-26.84%	-3.37%	-1.63%	-87.72%	-3.71%	-6.08%	-1.72%	-4.81%	-3.38%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-2.03	-8.03	-0.19	0.48	-25.01	-0.25	-0.66	0.51	-0.31	0.43
NOPAT to Interest Expense	-1.48	-4.39	-0.10	0.44	-17.50	-0.11	-0.53	0.40	0.27	0.07
EBIT Less CapEx to Interest Expense	-2.68	-10.55	-1.10	-0.80	-25.89	-1.49	-1.21	0.03	-0.86	-0.35
NOPAT Less CapEx to Interest Expense	-2.14	-6.91	-1.02	-0.83	-18.37	-1.35	-1.08	-0.08	-0.28	-0.71
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	144.57%	-1,093.94%	-505.03%	-274.53%	-15.47%	-17.87%	-11.73%	-6.67%	20.19%	-44.35%
Augmented Payout Ratio	159.73%	-1,093.94%	-505.03%	-274.53%	-15.47%	-17.87%	-11.73%	-6.67%	20.19%	-44.35%

Frequently Asked Questions About Mativ's Financials

When does Mativ's fiscal year end?

According to the most recent income statement we have on file, Mativ's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Mativ's net income changed over the last 2 years?

Mativ's net income appears to be on an upward trend, with a most recent value of -$48.70 million in 2024, rising from -$6.60 million in 2022. The previous period was -$309.50 million in 2023.

What is Mativ's operating income?

Mativ's total operating income in 2024 was $6.30 million, based on the following breakdown:

Total Gross Profit: $364.10 million
Total Operating Expenses: $357.80 million

How has Mativ revenue changed over the last 2 years?

Over the last 2 years, Mativ's total revenue changed from $1.64 billion in 2022 to $1.98 billion in 2024, a change of 21.0%.

How much debt does Mativ have?

Mativ's total liabilities were at $1.59 billion at the end of 2024, a 6.1% decrease from 2023, and a 36.2% decrease since 2022.

How much cash does Mativ have?

In the past 2 years, Mativ's cash and equivalents has ranged from $94.30 million in 2024 to $120.20 million in 2023, and is currently $94.30 million as of their latest financial filing in 2024.

How has Mativ's book value per share changed over the last 2 years?

Over the last 2 years, Mativ's book value per share changed from 21.46 in 2022 to 15.80 in 2024, a change of -26.4%.

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This page (NYSE:MATV) was last updated on 4/25/2025 by MarketBeat.com Staff

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Mativ (MATV) Financials

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Mativ (MATV) Financials

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