InsiderClue
Stocks · Materials · Paper Mills

Mativ Holdings, Inc.

MATV Clue Score37
United States Fiscal year ends December CIK 0001000623
$11.60 -2.19% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $11.60 −67.95% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 11 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue839.9Operating income110.0Net income82.8EPS, diluted2.70Fiscal year 2017Revenue982.1 +16.9%Operating income128.3Net income34.5 −58.3%EPS, diluted1.12 −58.5%Fiscal year 2018Revenue1,041.3 +6.0%Operating income135.0Net income94.5 +173.9%EPS, diluted3.06 +173.2%Fiscal year 2019Revenue1,022.8 −1.8%Operating income134.0Net income85.8 −9.2%EPS, diluted2.76 −9.8%Fiscal year 2020Revenue1,074.4 +5.0%Operating income128.8Net income83.8 −2.3%EPS, diluted2.66 −3.6%Fiscal year 2021Revenue930.7 −13.4%Operating income−16.2Net income88.9 +6.1%EPS, diluted2.80 +5.3%Fiscal year 2022Revenue1,636.9 +75.9%Operating income−40.2Net income−6.6 −107.4%EPS, diluted−0.18 −106.4%Fiscal year 2023Revenue2,026.0 +23.8%Operating income−413.9Net income−309.5EPS, diluted−5.69Fiscal year 2024Revenue1,981.1 −2.2%Operating income6.3Net income−48.7EPS, diluted−0.90Fiscal year 2025Revenue1,987.0 +0.3%Operating income−384.4Net income−337.4EPS, diluted−6.19
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 839.9 982.1 1,041.3 1,022.8 1,074.4 930.7 1,636.9 2,026.0 1,981.1 1,987.0
Growth +16.9% +6.0% −1.8% +5.0% −13.4% +75.9% +23.8% −2.2% +0.3%
Operating income 110.0 128.3 135.0 134.0 128.8 −16.2 −40.2 −413.9 6.3 −384.4
Net income 82.8 34.5 94.5 85.8 83.8 88.9 −6.6 −309.5 −48.7 −337.4
Growth −58.3% +173.9% −9.2% −2.3% +6.1% −107.4%
EPS, diluted 2.70 1.12 3.06 2.76 2.66 2.80 −0.18 −5.69 −0.90 −6.19
Growth −58.5% +173.2% −9.8% −3.6% +5.3% −106.4%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin30.7%Operating margin13.1%Net margin9.9%Free cash flow margin12.1%Fiscal year 2017Gross margin28.9%Operating margin13.1%Net margin3.5%Free cash flow margin9.6%Fiscal year 2018Gross margin26.7%Operating margin13.0%Net margin9.1%Free cash flow margin10.8%Fiscal year 2019Gross margin28.4%Operating margin13.1%Net margin8.4%Free cash flow margin12.9%Fiscal year 2020Gross margin28.7%Operating margin12.0%Net margin7.8%Free cash flow margin12.2%Fiscal year 2021Gross margin19.7%Operating margin−1.7%Net margin9.6%Free cash flow margin4.1%Fiscal year 2022Gross margin18.7%Operating margin−2.5%Net margin−0.4%Free cash flow margin9.6%Fiscal year 2023Gross margin17.6%Operating margin−20.4%Net margin−15.3%Free cash flow margin2.0%Fiscal year 2024Gross margin18.4%Operating margin0.3%Net margin−2.5%Free cash flow margin2.0%Fiscal year 2025Gross margin18.3%Operating margin−19.3%Net margin−17.0%Free cash flow margin4.7%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 30.7% 28.9% 26.7% 28.4% 28.7% 19.7% 18.7% 17.6% 18.4% 18.3%
Operating margin 13.1% 13.1% 13.0% 13.1% 12.0% −1.7% −2.5% −20.4% 0.3% −19.3%
Net margin 9.9% 3.5% 9.1% 8.4% 7.8% 9.6% −0.4% −15.3% −2.5% −17.0%
Free cash flow margin 12.1% 9.6% 10.8% 12.9% 12.2% 4.1% 9.6% 2.0% 2.0% 4.7%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow129.7Capital expenditure−27.8Free cash flow101.9Buybacks−0.7Dividends paid−49.4Fiscal year 2017Operating cash flow131.0Capital expenditure−37.2Free cash flow93.8 −7.9%Buybacks−1.2Dividends paid−51.9Fiscal year 2018Operating cash flow139.1Capital expenditure−27.0Free cash flow112.1 +19.5%Buybacks−3.0Dividends paid−53.2Fiscal year 2019Operating cash flow160.3Capital expenditure−28.6Free cash flow131.7 +17.5%Buybacks−0.9Dividends paid−54.4Fiscal year 2020Operating cash flow161.6Capital expenditure−30.1Free cash flow131.5 −0.2%Buybacks−1.0Dividends paid−55.0Fiscal year 2021Operating cash flow58.0Capital expenditure−19.4Free cash flow38.6 −70.6%Buybacks−3.4Dividends paid−55.3Fiscal year 2022Operating cash flow202.2Capital expenditure−45.6Free cash flow156.6 +305.7%Buybacks−6.9Dividends paid−72.2Fiscal year 2023Operating cash flow106.6Capital expenditure−66.0Free cash flow40.6 −74.1%Buybacks−10.6Dividends paid−55.3Fiscal year 2024Operating cash flow94.8Capital expenditure−55.0Free cash flow39.8 −2.0%Dividends paid−21.6Fiscal year 2025Operating cash flow133.8Capital expenditure−40.0Free cash flow93.8 +135.7%Dividends paid−22.3
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 129.7 131.0 139.1 160.3 161.6 58.0 202.2 106.6 94.8 133.8
Capital expenditure −27.8 −37.2 −27.0 −28.6 −30.1 −19.4 −45.6 −66.0 −55.0 −40.0
Free cash flow 101.9 93.8 112.1 131.7 131.5 38.6 156.6 40.6 39.8 93.8
Growth −7.9% +19.5% +17.5% −0.2% −70.6% +305.7% −74.1% −2.0% +135.7%
Buybacks −0.7 −1.2 −3.0 −0.9 −1.0 −3.4 −6.9 −10.6 n/a n/a
Dividends paid −49.4 −51.9 −53.2 −54.4 −55.0 −55.3 −72.2 −55.3 −21.6 −22.3

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash107.4Total debt440.4Net cash (debt)−333.0Shareholders’ equity508.3Debt to equity0.87Fiscal year 2017Cash106.9Total debt684.2Net cash (debt)−577.3Shareholders’ equity546.7Debt to equity1.25Fiscal year 2018Cash93.8Total debt622.1Net cash (debt)−528.3Shareholders’ equity557.9Debt to equity1.12Fiscal year 2019Cash103.0Total debt542.7Net cash (debt)−439.7Shareholders’ equity597.7Debt to equity0.91Fiscal year 2020Cash54.7Total debt593.3Net cash (debt)−538.6Shareholders’ equity649.6Debt to equity0.91Fiscal year 2021Cash71.2Total debt1,267.5Net cash (debt)−1,196.3Shareholders’ equity682.2Debt to equity1.86Fiscal year 2022Cash101.1Total debt1,690.0Net cash (debt)−1,588.9Shareholders’ equity1,179.3Debt to equity1.43Fiscal year 2023Cash120.2Total debt1,104.6Net cash (debt)−984.4Shareholders’ equity949.1Debt to equity1.16Fiscal year 2024Cash94.3Total debt1,089.3Net cash (debt)−995.0Shareholders’ equity858.5Debt to equity1.27Fiscal year 2025Cash84.2Total debt1,018.2Net cash (debt)−934.0Shareholders’ equity498.7Debt to equity2.04
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 107.4 106.9 93.8 103.0 54.7 71.2 101.1 120.2 94.3 84.2
Total debt 440.4 684.2 622.1 542.7 593.3 1,267.5 1,690.0 1,104.6 1,089.3 1,018.2
Net cash (debt) −333.0 −577.3 −528.3 −439.7 −538.6 −1,196.3 −1,588.9 −984.4 −995.0 −934.0
Shareholders’ equity 508.3 546.7 557.9 597.7 649.6 682.2 1,179.3 949.1 858.5 498.7
Debt to equity 0.87 1.25 1.12 0.91 0.91 1.86 1.43 1.16 1.27 2.04

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
839.9 982.1 1,041.3 1,022.8 1,074.4 930.7 1,636.9 2,026.0 1,981.1 1,987.0
Growth +16.9% +6.0% −1.8% +5.0% −13.4% +75.9% +23.8% −2.2% +0.3%
582.0 698.7 762.8 732.8 766.1 747.5 1,330.9 1,670.2 1,617.0 1,624.1
257.9 283.4 278.5 290.0 308.3 183.2 306.0 355.8 364.1 362.9
Growth +9.9% −1.7% +4.1% +6.3% −40.6% +67.0% +16.3% +2.3% −0.3%
17.5 17.8 15.2 13.5 13.8 11.8 18.8 21.2 23.0 23.6
79.5 95.9 90.9 105.1 116.9 153.2 254.9 263.9 233.8 228.7
110.0 128.3 135.0 134.0 128.8 −16.2 −40.2 −413.9 6.3 −384.4
Growth +16.6% +5.2% −0.7% −3.9% −112.6% −6,201.6%
93.4 101.5 116.8 96.9 97.3 −26.5 −96.5 −480.9 −78.9 −463.0
15.4 69.6 10.7 15.2 18.4 −28.2 −27.6 26.8 −30.2 −125.6
82.8 34.5 94.5 85.8 83.8 88.9 −6.6 −309.5 −48.7 −337.4
Growth −58.3% +173.9% −9.2% −2.3% +6.1% −107.4%
Per share
2.71 1.12 3.07 2.78 2.68 2.83 −0.18 −5.69 −0.90 −6.19
2.70 1.12 3.06 2.76 2.66 2.80 −0.18 −5.69 −0.90 −6.19
Growth −58.5% +173.2% −9.8% −3.6% +5.3% −106.4%
30.3 30.4 30.6 30.7 30.8 31.0 42.4 54.5 54.3 54.6
30.5 30.5 30.7 30.8 31.1 31.4 42.4 54.5 54.3 54.6
Growth +0.3% +0.5% +0.5% +0.9% +1.0% +35.2% +28.4% −0.4% +0.5%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 13.1% a year over five years.
  • The diluted share count rose 75.6% in five years, which is dilution.
  • Operating margin is down 31.3 points on five years ago, at -19.3%.
  • A net loss in 4 of 10 years on file.