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MATV

Mativ Holdings, Inc.

MATV

Mativ Holdings, Inc. • NYSE
$12.49 ▼ -0.87% (-0.11)
Market Cap $682.87 M
52w High $13.57
52w Low $4.34
Dividend Yield 0.40%
P/E -1.56
Volume 93.51K
Outstanding Shares 54.67M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $513.7M ▼ $83.4M ▼ $-3.2M ▲ -0.623% ▲ $-0.059 ▲ $46.9M ▼
Q2-2025 $525.4M ▲ $83.6M ▼ $-9.5M ▲ -1.808% ▲ $-0.18 ▲ $59.7M ▲
Q1-2025 $484.8M ▲ $503.2M ▲ $-425.5M ▼ -87.768% ▼ $-7.82 ▼ $22.5M ▼
Q4-2024 $458.6M ▼ $75M ▼ $1.5M ▲ 0.327% ▲ $0.028 ▲ $39.6M ▲
Q3-2024 $498.5M $86.6M $-20.8M -4.173% $-0.38 $30M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $102.9M ▲ $2.002B ▼ $1.604B ▼ $397.4M ▼
Q2-2025 $95.6M ▲ $2.077B ▲ $1.66B ▲ $416.6M ▼
Q1-2025 $84M ▼ $2.052B ▼ $1.624B ▲ $428.2M ▼
Q4-2024 $94.3M ▼ $2.448B ▼ $1.589B ▼ $858.5M ▼
Q3-2024 $162.2M $2.623B $1.741B $882.3M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-3.2M ▲ $72.8M ▲ $-5.4M ▲ $-70.3M ▼ $-3.1M ▼ $66.7M ▲
Q2-2025 $-9.5M ▲ $57.6M ▲ $-7M ▲ $-42M ▼ $12.2M ▲ $48.9M ▲
Q1-2025 $-425.5M ▼ $-15.9M ▼ $-10.6M ▲ $24.5M ▲ $-500K ▲ $-29.8M ▼
Q4-2024 $1.5M ▲ $24.1M ▼ $-15.3M ▼ $-68.1M ▼ $-67.9M ▼ $1.9M ▼
Q3-2024 $-20.8M $37.6M $-9.4M $-4.2M $28.8M $25.1M

Revenue by Products

Product Q2-2021Q3-2021Q1-2022Q2-2022
Advanced Materials Structures Segment
Advanced Materials Structures Segment
 $0 ▲$0 ▲$820.00M ▲$860.00M ▲
Engineered Papers Segment
Engineered Papers Segment
 $0 ▲$0 ▲$400.00M ▲$410.00M ▲
Other Revenues
Other Revenues
 $0 ▲$0 ▲$0 ▲$0 ▲
Product Revenues
Product Revenues
 $360.00M ▲$370.00M ▲$0 ▼$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has grown meaningfully compared with a few years ago, helped by the merger, but has softened slightly more recently, suggesting some demand or pricing pressure. Gross profit has held up reasonably well, which implies the core product set still carries decent value, but operating profit has been weak, with several years of losses or near‑breakeven results. This points to issues in overhead, integration costs, and possibly underutilized capacity rather than a broken business model. Net results are still in the red but have improved from the worst year, indicating that the turnaround is underway but not yet complete. Overall, MATV looks like a company with a solid top line that is still working to make its size translate into consistent, healthy profitability.

Balance Sheet

Balance Sheet The balance sheet shows a business that expanded significantly and took on much more debt around the merger period. Debt remains high relative to the company’s equity base and far larger than its cash on hand, which increases sensitivity to interest costs and business downturns. Total assets are sizeable, but the gradual decline after peaking suggests divestitures, write‑downs, or tightening of the portfolio. Equity has been shrinking from its high point, reflecting recent losses and possibly restructuring charges. In short, the company has a scaled asset base and meaningful financial leverage, with some progress but still limited margin for large setbacks.

Cash Flow

Cash Flow Despite reported accounting losses in several years, the business has continued to generate positive cash from operations, which is a key strength. However, the cushion is relatively thin: cash inflows after capital spending are positive but modest, leaving less room for aggressive debt paydown, large acquisitions, or big missteps. Capital expenditure has been held at a disciplined, manageable level, which supports cash preservation while still allowing investment in new lines and technologies. The picture is of a business that is self‑funding, but with only moderate flexibility until profitability and margins improve further.

Competitive Edge

Competitive Edge MATV occupies specialized niches rather than commodity paper or basic materials, which gives it a more defensible position. The combined company now spans filtration media, advanced films, release liners, specialty tapes, and premium papers, with many applications in healthcare, transportation, construction, and consumer goods. Well‑known brands, deep materials science expertise, and long‑standing customer relationships create switching costs and help differentiate it from lower‑end competitors. Its global manufacturing footprint supports large customers and supply security. The flip side is that it still operates in industrial, somewhat cyclical end‑markets, and must execute well to convert its technical and brand strengths into consistently strong margins.

Innovation and R&D

Innovation and R&D Innovation is a clear focal point. MATV’s strength lies in applied materials science—combining polymers, fibers, and coatings to solve specific customer problems rather than selling generic products. Examples include smart-glass interlayers, water‑dispersible labels, advanced filtration media, medical and protective films, and skin‑friendly healthcare adhesives. The company is backing this with tangible investments: new filtration capacity in Europe, a release‑liner coater in Mexico, and a medical films line in the U.K. These moves tilt the portfolio toward higher‑value, faster‑growing areas and more sustainable solutions. The opportunity is significant, but depends on successful commercialization, cost discipline, and the ability to capture pricing power from these innovations.

Summary

MATV looks like a scaled, technology‑driven specialty materials company that is still in the middle of digesting a major merger and restructuring. The business has healthy revenue and strong technical and brand assets, but profitability has lagged, and the balance sheet carries meaningful debt. Cash generation is positive but not yet robust enough to make leverage a non‑issue. Strategically, the company is leaning into filtration, healthcare, adhesives, and sustainable materials, supported by real R&D and capacity investments—this is a clear long‑term direction. Key things to monitor are: steady improvement in margins, the realization of merger synergies and cost cuts, progress in shifting mix toward higher‑value segments, and gradual strengthening of the balance sheet. The story is one of a capable niche player working to translate its innovation and scale into more consistent financial performance.

NEWS

November 24, 2025 · 4:05 PM UTC

Mativ Announces Appointment of Seasoned Executive to Its Board of Directors

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November 5, 2025 · 4:30 PM UTC

Mativ Announces Third Quarter 2025 Results

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October 20, 2025 · 4:14 PM UTC

Mativ Announces Conference Call to Discuss Third Quarter 2025 Results

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September 19, 2025 · 4:05 PM UTC

Mativ Announces Participation in Upcoming Investor Conference

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