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Financials · MATV

Mativ Holdings Inc. (MATV) financials

For the twelve months ended Sep 30, 2026, Mativ Holdings Inc. reported $1.97B of revenue and $91.50M of net income.

Revenue, TTM
$1.97B
Revenue growth, YoY
-0.4%
Net income, TTM
$91.50M
Net margin
4.6%
Free cash flow, TTM
$98.50M
EPS, diluted, TTM
$1.68
Cash
$97.30M
Total debt
$976.40M
P/E
7.06
P/S
0.33
Market cap
$645.7M
Annual revenue$1.99B
FY2016FY2025
Annual net income-$337.40M
FY2016FY2025
Annual free cash flow$93.80M
FY2016FY2025

MATV revenue and earnings growth

MATV revenueQ3 2026$499.50M

Quarter YoY
-2.8%
QoQ
-6.1%
FY YoY
+0.3%
5Y CAGR
+13.1%

MATV revenue was $499.50M in fiscal Q3 2026 (ended Sep 30, 2026), down 2.8% from a year earlier and down 6.1% from the prior quarter. For the full fiscal 2025 it was $1.99B, up 0.3% from fiscal 2024. Compound annual growth was +13.1% over 5 years. It rose in 6 of the last 9 fiscal years.

MATV net incomeQ3 2026-$1.20M

MATV net income was -$1.20M in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$3.20M a year earlier. For the full fiscal 2025 it was -$337.40M, compared with -$48.70M in fiscal 2024.

MATV EPSQ3 2026-$0.03

MATV diluted EPS was -$0.03 in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$0.06 a year earlier. For the full fiscal 2025 it was -$6.19, compared with -$0.90 in fiscal 2024.

MATV free cash flowQ3 2026$37.50M

Quarter YoY
-43.8%
QoQ
-37.9%
FY YoY
+135.7%
5Y CAGR
-6.5%
10Y CAGR
-2.5%

MATV free cash flow was $37.50M in fiscal Q3 2026 (ended Sep 30, 2026), down 43.8% from a year earlier and down 37.9% from the prior quarter. For the full fiscal 2025 it was $93.80M, up 135.7% from fiscal 2024. Compound annual growth was -6.5% over 5 years and -2.5% over 10 years. It rose in 4 of the last 10 fiscal years.

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Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue$1.99B$1.98B$2.03B$1.64B$930.70M$1.07B$1.02B$1.04B$982.10M$839.90M
Cost of revenue$1.62B$1.62B$1.67B$1.33B$747.50M$766.10M$732.80M$762.80M$698.70M$582.00M
Gross profit$362.90M$364.10M$355.80M$306.00M$183.20M$308.30M$290.00M$278.50M$283.40M$257.90M
Research and development$23.60M$23.00M$21.20M$18.80M$11.80M$13.80M$13.50M$15.20M$17.80M$17.50M
Selling, general and admin$228.70M$233.80M$263.90M$254.90M$153.20M$116.90M$105.10M$90.90M$95.90M$79.50M
Operating income-$384.40M$6.30M-$413.90M-$40.20M-$16.20M$128.80M$134.00M$135.00M$128.30M$110.00M
Interest expense$71.10M$74.70M$62.20M$57.30M$40.40M$30.50M$36.10M$28.20M$26.90M$16.60M
Pre-tax income-$463.00M-$78.90M-$480.90M-$96.50M-$26.50M$97.30M$96.90M$116.80M$101.50M$93.40M
Income tax-$125.60M-$30.20M$26.80M-$27.60M-$28.20M$18.40M$15.20M$10.70M$69.60M$15.40M
Net income-$337.40M-$48.70M-$309.50M-$6.60M$88.90M$83.80M$85.80M$94.50M$34.50M$82.80M
EPS, basic-$6.19-$0.90-$5.69-$0.18$2.83$2.68$2.78$3.07$1.12$2.71
EPS, diluted-$6.19-$0.90-$5.69-$0.18$2.80$2.66$2.76$3.06$1.12$2.70
Diluted shares54.6M54.3M54.5M42.4M31.4M31.1M30.8M30.7M30.5M30.5M

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Cash and equivalents$84.20M$94.30M$120.20M$124.40M$74.70M$54.70M$103.00M$93.80M$106.90M$107.40M
Receivables$180.90M$162.40M$176.50M$178.20M$238.00M$148.50M$143.20M$154.60M$149.40M$115.10M
Inventory$329.10M$355.10M$352.90M$414.60M$259.50M$179.70M$161.40M$151.50M$155.20M$119.40M
Current assets$638.60M$658.10M$712.50M$974.70M$594.60M$396.40M$427.50M$429.20M$433.10M$364.30M
Goodwill$57.60M$465.60M$474.10M$844.20M$645.00M$403.70M$337.40M$338.10M$341.30M$229.50M
Total assets$2.05B$2.45B$2.64B$3.67B$2.42B$1.58B$1.47B$1.47B$1.54B$1.17B
Current liabilities$285.30M$274.50M$281.40M$466.20M$231.10M$166.90M$157.60M$143.50M$147.10M$135.80M
Short-term debt$2.90M$2.60M$2.80M$33.60M$2.70M$2.80M$1.90M$3.30M$5.10M$3.00M
Long-term debt$1.02B$1.09B$1.10B$1.66B$1.26B$590.50M$540.80M$618.80M$679.10M$437.40M
Total debt$1.02B$1.09B$1.10B$1.69B$1.27B$593.30M$542.70M$622.10M$684.20M$440.40M
Total liabilities$1.55B$1.59B$1.69B$2.49B$1.74B$935.30M$874.00M$908.60M$995.80M$665.40M
Shareholders' equity$498.70M$858.50M$949.10M$1.18B$682.20M$649.60M$597.70M$557.90M$546.70M$508.30M

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Operating cash flow$133.80M$94.80M$106.60M$202.20M$58.00M$161.60M$160.30M$139.10M$131.00M$129.70M
Capital expenditures$40.00M$55.00M$66.00M$45.60M$19.40M$30.10M$28.60M$27.00M$37.20M$27.80M
Free cash flow$93.80M$39.80M$40.60M$156.60M$38.60M$131.50M$131.70M$112.10M$93.80M$101.90M
Investing cash flow-$37.00M-$56.70M$547.20M-$481.30M-$636.40M-$203.10M-$14.80M-$27.50M-$318.50M-$22.40M
Financing cash flow-$106.70M-$55.90M-$662.90M$331.50M$599.90M-$8.60M-$135.80M-$120.90M$179.50M-$185.70M
Dividends paid$22.30M$21.60M$55.30M$72.20M$55.30M$55.00M$54.40M$53.20M$51.90M$49.40M
Share repurchases--$10.60M$6.90M$3.40M$1.00M$900.0K$3.00M$1.20M$700.0K
Stock-based compensation$11.10M$11.40M$10.50M$20.40M$8.50M$8.80M$7.70M$4.80M$7.10M$5.80M
Depreciation and amortization$141.00M$143.80M$147.80M$109.90M$67.10M$70.10M$57.70M$61.60M$59.50M$44.50M

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue growth, YoY0.3%-2.2%23.8%75.9%-13.4%5.0%-1.8%6.0%16.9%-
Net income growth, YoY----6.1%-2.3%-9.2%173.9%-58.3%-7.7%
EPS growth, YoY----5.3%-3.6%-9.8%173.2%-58.5%-8.2%
Gross margin18.3%18.4%17.6%18.7%19.7%28.7%28.4%26.7%28.9%30.7%
Operating margin-19.3%0.3%-20.4%-2.5%-1.7%12.0%13.1%13.0%13.1%13.1%
Net margin-17.0%-2.5%-15.3%-0.4%9.6%7.8%8.4%9.1%3.5%9.9%
Free cash flow margin4.7%2.0%2.0%9.6%4.1%12.2%12.9%10.8%9.6%12.1%
Return on equity-67.7%-5.7%-32.6%-0.6%13.0%12.9%14.4%16.9%6.3%16.3%
Return on assets-16.4%-2.0%-11.7%-0.2%3.7%5.3%5.8%6.4%2.2%7.1%
Current ratio2.242.402.532.092.572.382.712.992.942.68
Debt to equity2.041.271.161.431.860.910.911.121.250.87

Source: XBRL data Mativ Holdings Inc. files with the SEC, latest filing dated Nov 5, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures and share counts are restated for stock splits the filings show: 2-for-1, first reported Oct 31, 2012.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

MATV peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
MATV$1.97B-0.4%$91.50M4.6%$645.7M
IP$24.18B+12.2%-$3.46B-14.3%$18.28B
SUZR$50.12B+5.7%R$13.41B26.8%$12.22B
SLVM$3.30B-7.1%$76.00M2.3%$1.57B
MAGN$3.28B+21.8%-$112.00M-3.4%$441.8M
RYAM$1.50B+1.9%-$365.25M-24.4%$398.8M
CLW$1.51B-3.2%$2.40M0.2%$214.2M
MERC$1.84B-3.5%-$495.88M-27.0%$17.8M

MATV FAQ

9 questions
  • What is MATV revenue?
    Mativ Holdings Inc. (MATV) reported $1.97B of revenue for the twelve months ended Sep 30, 2026. That is down 0.4% from the year before. Revenue for fiscal 2025 was $1.99B.
  • Is MATV profitable?
    Yes. Mativ Holdings Inc. earned $91.50M in net income for the twelve months ended Sep 30, 2026, a net margin of 4.6%.
  • How much cash and debt does MATV have?
    Mativ Holdings Inc. reported $97.30M in cash and cash equivalents and $976.40M of debt on its most recent balance sheet in SEC filings.
  • How fast is MATV revenue growing?
    Mativ Holdings Inc.'s revenue changed +0.3% in fiscal 2025, to $1.99B. Its compound annual growth rate was +13.1% over 5 years.
  • What is MATV gross margin?
    Mativ Holdings Inc.'s gross profit was $383.10M on $1.97B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 19.4%.
  • What is MATV free cash flow?
    Mativ Holdings Inc. generated $98.50M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $136.70M less capital expenditures.
  • What is MATV earnings per share?
    Diluted earnings per share were $1.68 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did MATV last report financial results?
    The latest statements here come from Mativ Holdings Inc.'s 10-Q filed on Nov 5, 2026, covering the period ended Sep 30, 2026.
  • Where does this MATV financial data come from?
    Quantisnow builds these statements from the structured XBRL data Mativ Holdings Inc. files with the SEC. It is provided for information only and is not investment advice.