Matthews International Corp Class A Common Stock (MATW) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q3 26	$0.41	$0.06	-85.4%	—	$246M	—
Q2 26	$0.15	$0.37	+146.7%	—	$258.6M	—
Q1 26	$0.05	-$0.19	-480.0%	—	$284.8M	—
Q4 25	$0.2	$0.5	+150.0%	—	$318.8M	—
Q3 25	$0.22	$0.28	+27.3%	—	$349.4M	—
Q2 25	$0.38	$0.34	-10.5%	—	$427.6M	—
Q1 25	$0.23	$0.14	-39.1%	—	$401.8M	—
Q4 24	$0.38	$0.55	+44.7%	—	$446.7M	—
Q3 24	$0.56	$0.56	0.0%	—	$427.8M	—
Q2 24	$0.46	$0.69	+50.0%	—	$471.2M	—
Q1 24	$0.47	$0.37	-21.3%	—	$450M	—
Q4 23	$0.9	$0.96	+6.7%	—	$480.2M	—
Q3 23	$0.63	$0.74	+17.5%	—	$471.9M	—
Q2 23	$0.52	$0.65	+25.0%	—	$479.6M	—
Q1 23	$0.54	$0.53	-1.9%	—	$449.2M	—
Q4 22	$0.72	$0.82	+13.9%	—	$457.1M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	-$0.79	—	—	$1.5B	—
FY24	—	-$1.95	—	—	$1.8B	—
FY23	—	$1.29	—	—	$1.9B	—
FY22	—	-$3.29	—	—	$1.8B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$1.5B	$1.5B	$1.6B	$1.5B	$1.5B	$1.7B	$1.8B	$1.9B	$1.8B	$1.5B
YoY change	+3.81%	+2.37%	+5.74%	-4.07%	-2.54%	+11.5%	+5.47%	+6.72%	-4.53%	-16.6%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	1.5B	1.5B	1.6B	1.5B	1.5B	1.7B	1.8B	1.9B	1.8B	1.5B
Cost of revenue	924M	947.8M	1B	994.8M	1B	1.1B	1.2B	1.3B	1.3B	990.1M
Gross profit	556.5M	567.8M	584.2M	542.5M	497.8M	541.8M	522.3M	577.7M	529.7M	507.6M
Gross margin	37.6%	37.5%	36.5%	35.3%	33.2%	32.4%	29.6%	30.7%	29.5%	33.9%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	416.8M	423.1M	414.1M	408.8M	400M	415.6M	426.7M	447.5M	488.3M	467.2M
Operating expenses	416.8M	423.1M	414.1M	408.8M	400M	415.6M	426.7M	447.5M	488.3M	467.2M
Operating income	118.8M	121.4M	138.6M	87.9M	26.2M	42M	38.5M	88.1M	4.4M	20.3M
Operating margin	8.03%	8.01%	8.65%	5.72%	1.75%	2.52%	2.19%	4.68%	0.25%	1.36%
Non-operating income, net	763K	1.3M	-3.1M	-85M	-97.7M	-4.1M	-115M	-2.6M	-23.5M	58.8M
Pretax income	95.2M	96.3M	98M	-38.1M	-106.3M	9.2M	-104.2M	40.9M	-69.7M	16.2M
Income tax	29.1M	22.4M	-9.1M	806K	-18.7M	6.4M	-4.4M	1.8M	-10M	40.7M
Net income	66.2M	73.9M	107.1M	-38.9M	-87.7M	2.9M	-99.8M	39.1M	-59.7M	-24.5M
Net margin	4.47%	4.88%	6.68%	-2.53%	-5.85%	0.17%	-5.66%	2.08%	-3.32%	-1.63%
EBITDA	183M	188.2M	210.8M	169.8M	136.1M	171.4M	110M	182.1M	92.4M	95.7M
EPS	2.08	2.31	3.35	-1.21	-2.74	0.09	-3.29	1.29	-1.95	-0.79
Diluted EPS	2.03	2.28	3.35	-1.21	-2.79	0.09	-3.29	1.26	-1.95	-0.79

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Revenue	480.2M	450M	471.2M	427.8M	446.7M	401.8M	427.6M	349.4M	318.8M	284.8M	258.6M	246M
Cost of revenue	329.4M	317.6M	323M	296M	329.4M	276.1M	283.5M	227.4M	203M	185.1M	156.6M	157.8M
Gross profit	150.8M	132.4M	148.2M	131.8M	117.3M	125.7M	144.1M	122M	115.8M	99.7M	102M	88.2M
Gross margin	31.4%	29.4%	31.4%	30.8%	26.3%	31.3%	33.7%	34.9%	36.3%	35%	39.4%	35.8%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	113.9M	113.1M	117.9M	116.1M	141.2M	111.4M	133.9M	100.4M	121.5M	112.4M	98.5M	99.1M
Operating expenses	113.9M	113.1M	117.9M	116.1M	141.2M	111.4M	133.9M	100.4M	121.5M	112.4M	98.5M	99.1M
Operating income	26.3M	9.4M	21.3M	6.7M	-33.1M	5.7M	5.9M	18.1M	-9.4M	-15.7M	770K	-13.5M
Operating margin	5.48%	2.09%	4.53%	1.57%	-7.4%	1.41%	1.39%	5.18%	-2.95%	-5.51%	0.3%	-5.47%
Non-operating income, net	479K	-880K	-878K	-974K	-20.8M	4.2M	-1.7M	56.6M	-267K	114.7M	-18.8M	232K
Pretax income	15.3M	-3M	7.9M	-7.1M	-67.5M	-5.8M	-11.6M	58.9M	-25.2M	84.4M	-28.1M	-23.6M
Income tax	-2.4M	-726K	-1.1M	-8.8M	680K	-2.4M	-2.7M	43.5M	2.3M	40.8M	-6.2M	46K
Net income	17.7M	-2.3M	9M	1.8M	-68.2M	-3.5M	-8.9M	15.4M	-27.5M	43.6M	-21.8M	-23.7M
Net margin	3.68%	-0.51%	1.92%	0.42%	-15.3%	-0.86%	-2.08%	4.4%	-8.62%	15.3%	-8.44%	-9.63%
EBITDA	51.5M	32.1M	43.7M	29.4M	-29.5M	32.4M	22.5M	33.4M	7.5M	-1.5M	13.8M	-1.8M
EPS	0.58	-0.08	0.29	0.06	-2.23	-0.11	-0.29	0.5	-0.89	1.4	-0.69	-0.76
Diluted EPS	0.56	-0.08	0.29	0.06	-2.23	-0.11	-0.29	0.49	-0.89	1.39	-0.69	-0.76

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	2B	2B	1.6B	1.1B	711.8M	1.1B	679M	1.2B	710M	747.7M	609.3M
Enterprise value	2.8B	2.9B	2.5B	2B	1.6B	1.9B	1.5B	2B	1.5B	1.5B	1.2B
Shares outstanding	32.1M	32.1M	32.1M	31.3M	31.8M	31.5M	30.3M	30.5M	30.6M	30.8M	30.8M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	29.5	27.1	15	—	—	382	—	30.3	—	—	76.7
P/S	1.32	1.32	1	0.72	0.48	0.65	0.39	0.63	0.4	0.5	0.53
P/B	2.75	2.53	1.85	1.54	1.16	1.72	1.39	2.26	1.62	1.55	1.22
EV/EBITDA	15.1	15.2	12	11.9	11.6	11	13.5	11	16.3	15.5	26.8
EV/Sales	1.87	1.88	1.58	1.31	1.05	1.13	0.84	1.07	0.84	0.99	1.07
Earnings yield	3.39%	3.69%	6.66%	—	—	0.26%	—	3.3%	—	—	1.3%
FCF yield	5.05%	5.21%	6.49%	8.42%	20.5%	11.8%	9.65%	2.44%	4.8%	-7.94%	4.35%
PEG	—	—	—	—	—	—	—	—	—	—	-0.3

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	37.6%	37.5%	36.5%	35.3%	33.2%	32.4%	29.6%	30.7%	29.5%	33.9%	35.8%
Operating margin	8.03%	8.01%	8.65%	5.72%	1.75%	2.52%	2.19%	4.68%	0.25%	1.36%	-2.66%
Net margin	4.47%	4.88%	6.68%	-2.53%	-5.85%	0.17%	-5.66%	2.08%	-3.32%	-1.63%	-2.65%
ROE	9.33%	9.36%	12.3%	-5.41%	-14.3%	0.45%	-20.5%	7.45%	-13.6%	-5.09%	-5.87%
ROA	3.16%	3.29%	4.54%	-1.78%	-4.23%	0.14%	-5.3%	2.07%	-3.25%	-1.44%	-0.27%
ROIC	5.41%	5.67%	7.75%	5.41%	1.77%	0.91%	2.98%	6.26%	0.36%	0%	0%
Return on tangible assets	-16.6%	-18.5%	-25%	12.8%	70%	-7.41%	-78.2%	23%	-31.6%	-4.82%	-6.54%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	2.21	2.09	2.15	2.09	1.82	1.76	1.53	1.64	1.45	1.48	1.76
Quick ratio	1.59	1.49	1.52	1.44	1.26	1.23	0.98	0.98	0.91	0.91	1.02
Debt / equity	1.23	1.15	1.11	1.31	1.48	1.33	1.79	1.65	1.92	1.59	1.29
Debt / assets	0.42	0.41	0.41	0.43	0.44	0.42	0.46	0.46	0.46	0.45	0.42
Net debt / EBITDA	4.46	4.54	4.36	5.33	6.37	4.65	7.31	4.52	8.64	7.64	32.8
Interest coverage	4.91	4.65	3.62	0.07	-2.05	1.32	-2.76	1.92	-0.38	1.26	1.15
Effective tax rate	30.5%	23.2%	0%	0%	0%	69%	0%	4.34%	0%	100%	100%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	46.1	47.1	50	49	47.1	53.1	58.2	61.7	58.7	48.6	35.4
EPS (basic)	2.08	2.31	3.35	-1.21	-2.74	0.09	-3.29	1.29	-1.95	-0.79	-0.79
EPS (diluted)	2.03	2.28	3.35	-1.21	-2.79	0.09	-3.29	1.26	-1.95	-0.79	-0.95
Book value per share	22.1	24.6	27.1	22.9	19.2	20.2	16.1	17.2	14.3	15.6	15.6
FCF per share	3.07	3.25	3.25	2.98	4.57	4.08	2.16	0.95	1.11	-1.93	-2.61
Cash per share	1.73	1.79	1.3	1.13	1.3	1.56	2.28	1.38	1.33	1.05	1.22
Capex per share	—	—	—	—	—	—	—	—	—	1.16	0.72

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	—	—	—	—	—	—	—	—	—	2.39%	2.05%
Capex / operating cash flow	—	—	—	—	—	—	—	—	—	-152.1%	-38.4%
Payout ratio	29.3%	29.4%	23%	-65.9%	-30.2%	969.3%	-27.7%	72.1%	-52.6%	-133.9%	336.7%
Dividend yield	0.99%	1.09%	1.53%	2.31%	3.71%	2.54%	4.08%	2.38%	4.42%	4.38%	5.22%

Yield

5.22%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.255

ex-dividend Aug 10, 2026

Payout ratio

337%

of earnings

Dividend growth

12 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 10, 2026	$0.255
May 11, 2026	$0.255
Feb 9, 2026	$0.255

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Revenue	$480.2M	$450M	$471.2M	$427.8M	$446.7M	$401.8M	$427.6M	$349.4M	$318.8M	$284.8M	$258.6M	$246M
YoY change	+5.04%	+0.17%	-1.74%	-9.34%	-6.97%	-10.7%	-9.25%	-18.3%	-28.6%	-29.1%	-39.5%	-29.6%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	55.7M	57.5M	41.6M	35.3M	41.3M	49.2M	69M	42.1M	40.8M	32.4M
Receivables	294.9M	319.6M	331.5M	318.8M	295.2M	309.8M	221M	207.5M	206M	132.9M
Inventory	162.5M	171.4M	180.5M	180.3M	175.1M	189.1M	225.4M	260.4M	237.9M	202.8M
Total current assets	574.2M	595.1M	615.1M	583.7M	575.6M	624.2M	628.6M	648.3M	632.5M	520.2M
Property, plant & equipment	117.3M	130.9M	139.7M	123.2M	195.6M	194.1M	190.2M	197.4M	180M	140.4M
Goodwill & intangibles	2.5B	2.6B	2.8B	2.5B	2.2B	2.1B	1.8B	1.7B	1.6B	1.2B
Total assets	2.1B	2.2B	2.4B	2.2B	2.1B	2B	1.9B	1.9B	1.8B	1.7B
Accounts payable	58.1M	66.6M	70M	74.6M	82.9M	112.7M	121.4M	114.3M	108.4M	98.5M
Short-term debt	27.7M	29.5M	31.3M	42.5M	50.8M	29.8M	26.1M	27.7M	29.5M	24.4M
Total current liabilities	259.3M	285.1M	286.4M	279.9M	316.9M	354.2M	411.4M	394.6M	434.8M	350.5M
Long-term debt	844.8M	881.6M	929.3M	898.2M	857M	816.4M	846.7M	836.7M	809.7M	739.7M
Total liabilities	1.4B	1.5B	1.5B	1.5B	1.5B	1.4B	1.4B	1.4B	1.4B	1.2B
Shareholders' equity	709.3M	790.3M	868.7M	719.2M	611.4M	636.4M	487.1M	525.3M	437.2M	480.9M
Total debt	872.6M	911.1M	960.6M	940.7M	907.8M	846.1M	872.9M	864.4M	839.2M	764.1M
Net debt	816.8M	853.6M	919M	905.4M	866.4M	797M	803.9M	822.3M	798.3M	731.7M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Cash & short-term investments	42.1M	37.9M	45.5M	42.7M	40.8M	33.5M	40.2M	20.4M	32.4M	31.4M	36.1M	37.6M
Receivables	207.5M	216.4M	192.7M	192.8M	206M	199.3M	146.1M	158.9M	132.9M	115.5M	100.7M	105.8M
Inventory	260.4M	257.8M	253.3M	248.6M	237.9M	241.6M	205.2M	210.5M	202.8M	192.4M	195.9M	203.4M
Total current assets	648.3M	658.1M	654M	642.1M	632.5M	623.2M	654.4M	516.3M	520.2M	489.1M	479.6M	484.5M
Property, plant & equipment	197.4M	348.4M	343.7M	336.9M	180M	327M	272.6M	280.2M	140.4M	238.3M	240.2M	235.2M
Goodwill & intangibles	1.7B	1.7B	1.7B	1.7B	1.6B	1.6B	1.1B	1.2B	1.2B	1.1B	1.1B	1.1B
Total assets	1.9B	1.9B	1.9B	1.9B	1.8B	1.8B	1.8B	1.7B	1.7B	1.6B	1.5B	1.5B
Accounts payable	114.3M	97.3M	107.1M	113.6M	108.4M	101.9M	107.8M	98.1M	98.5M	94.7M	102.5M	91.7M
Short-term debt	27.7M	28.4M	28.9M	28.8M	29.5M	29.6M	23.7M	23.9M	24.4M	23.3M	22.5M	22.9M
Total current liabilities	394.6M	349.2M	358.8M	386.2M	434.8M	395.6M	411.3M	310.8M	350.5M	324.9M	293.2M	275.9M
Long-term debt	836.7M	903.1M	882M	867.7M	809.7M	843.8M	850.3M	729.8M	739.7M	563M	613M	605.2M
Total liabilities	1.4B	1.4B	1.4B	1.4B	1.4B	1.4B	1.4B	1.2B	1.2B	1B	1B	1B
Shareholders' equity	525.3M	508.8M	509.3M	503.7M	437.2M	413.5M	408.2M	513.8M	480.9M	543.2M	512.2M	486M
Total debt	864.4M	931.5M	910.9M	896.5M	839.2M	873.4M	874M	753.7M	764.1M	586.4M	635.5M	628.2M
Net debt	822.3M	893.5M	865.4M	853.7M	798.3M	839.9M	833.8M	733.3M	731.7M	555M	599.4M	590.6M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	66.2M	73.9M	107.1M	-38.9M	-87.7M	2.9M	-99.8M	39.1M	-59.7M	-24.5M
Depreciation & amortization	65.5M	68M	77M	90.8M	119.1M	133.5M	104.1M	96.5M	94.8M	71.7M
Stock-based compensation	10.6M	14.6M	13.5M	7.7M	8.1M	15.6M	17.4M	17.3M	18.5M	23.1M
Change in working capital	7M	-14M	-4.4M	5.2M	70M	11.2M	33M	-38.7M	22.8M	-35.2M
Operating cash flow	137.7M	147.7M	164.8M	54.5M	102.5M	162.6M	-120K	77.6M	51.8M	-23.6M
Capital expenditure	—	—	—	—	—	—	—	—	—	-35.8M
Investing cash flow	-5.5M	-96.7M	-119.1M	-23.1M	32.1M	21.3M	-19.5M	-8.1M	-1.8M	159.6M
Dividends paid	-19.4M	-21.8M	-24.6M	-25.6M	-26.4M	-27.7M	-27.7M	-28.2M	-31.4M	-32.8M
Share repurchases	-58M	-14M	-21.2M	-26.1M	-4.4M	-11.9M	-41.7M	-2.9M	-20.6M	-12.2M
Financing cash flow	-115.3M	-7.2M	901K	-75M	-172.3M	-122.9M	-37.2M	-50.2M	-35M	-144.3M
Net change in cash	17M	43.8M	46.6M	-43.6M	-37.6M	61.1M	-56.9M	19.3M	15M	-8.2M
Free cash flow	98.6M	104.4M	104.4M	93.4M	145.6M	128.5M	65.5M	28.9M	34.1M	-59.4M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Net income	17.7M	-2.3M	9M	1.8M	-68.2M	-3.5M	-8.9M	15.4M	-27.5M	43.6M	-21.8M	-23.7M
Depreciation & amortization	24.7M	23.5M	23.3M	23.7M	24.3M	22.5M	18.2M	15.8M	15.2M	12.7M	11.5M	11.7M
Stock-based compensation	3.7M	4.7M	4.3M	5.3M	4.2M	5M	6M	8.8M	3.2M	4.4M	5.1M	5.1M
Change in working capital	-15.1M	-49.8M	18.2M	4.7M	39M	-41M	-4.1M	-8.1M	23.1M	-2.1M	-33.4M	-7.5M
Operating cash flow	9.6M	-27.2M	57.3M	13.6M	-2.8M	-15.4M	4.5M	-15.2M	10.3M	-52M	-15.4M	-2.1M
Capital expenditure	—	—	—	—	—	—	—	-8.1M	-9.4M	-5.3M	-4M	-4M
Investing cash flow	8.5M	-113K	-5.6M	1.1M	3.5M	11M	3.4M	164.6M	6.3M	237.4M	-784K	27.8M
Dividends paid	-7M	-9.3M	-7.4M	-7.4M	-7.3M	-9.2M	-7.8M	-7.7M	-8M	-9.5M	-8.1M	-8M
Share repurchases	-39K	-17.2M	-35K	-3.3M	-49K	-4.3M	-151K	-7.7M	-106K	-5.2M	-535K	-79K
Financing cash flow	6.2M	36.1M	-28.4M	-7.1M	-30.9M	18.4M	10.3M	-173M	-4.8M	-186.6M	33M	-24.1M
Net change in cash	24.2M	8.8M	23.3M	7.6M	-30.3M	14M	18.2M	-23.6M	11.8M	-1.2M	16.8M	1.6M
Free cash flow	-10.9M	-41.3M	47.1M	4.3M	23.9M	-34.5M	-2.4M	-23.3M	903K	-57.2M	-19.5M	-6.1M

Date	Ratio
Sep 4, 2001	2:1
Jun 3, 1998	2:1

Matthews International Corp Class A Common Stock Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history