Mativ Holdings, Inc. (MATV) Financial Statements
Industry: Paper Mills
In fiscal 2025, Mativ reported revenue of $1.99B, up 0.3% from $1.98B the year before. Net income was -$337.4M (a -17.0% net margin), or -$6.19 per diluted share. Gross margin was 18.3% and operating margin was -19.3%. Operating activities generated $133.8M of cash, leaving $93.8M of free cash flow. At fiscal year end, Mativ held $2.05B in total assets against $1.55B in total liabilities, including $84.2M of cash and equivalents.
Open the full interactive Mativ financials → Quarterly statements, key ratios, valuation history and price charts.
Mativ Key Stats
| Share Price | $11.64 |
|---|---|
| Market Cap | $648.1M |
| Dividend Yield | 3.46% |
| Revenue YoY Growth | +0.3% |
| 52-Week Range | $7.16 – $14.60 |
| Shares Outstanding | 55.1 million (basic, 2026 Q2) |
Mativ Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.07B | $1.44B | $2.17B | $2.03B | $1.98B | $1.99B |
| Cost of Goods Sold | $766.1M | $1.11B | $1.73B | $1.67B | $1.62B | $1.62B |
| Gross Profit | $308.3M | $330.3M | $437.6M | $355.8M | $364.1M | $362.9M |
| Operating Income | $128.8M | $83.3M | $51.4M | -$413.9M | $6.3M | -$384.4M |
| Pre-Tax Income | $97.3M | $73.1M | -$24.4M | -$480.9M | -$78.9M | -$463.0M |
| Income Tax | $18.4M | -$9.4M | -$12.6M | $26.8M | -$30.2M | -$125.6M |
| Net Income | $83.8M | $88.9M | -$6.6M | -$309.5M | -$48.7M | -$337.4M |
| Diluted EPS | $2.66 | $2.80 | -$0.18 | -$5.69 | -$0.90 | -$6.19 |
Mativ Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $513.7M | $463.1M | $479.6M | $531.8M |
| Net Income | -$3.2M | $100.8M | -$11.7M | $3.6M |
| Diluted EPS | -$0.06 | $1.85 | -$0.22 | $0.06 |
Mativ Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $54.7M | $74.7M | $124.4M | $120.2M | $94.3M | $84.2M |
| Current Assets | $396.4M | $594.6M | $974.7M | $712.5M | $658.1M | $638.6M |
| Total Assets | $1.58B | $2.42B | $3.67B | $2.64B | $2.45B | $2.05B |
| Current Liabilities | $166.9M | $231.1M | $466.1M | $281.4M | $274.5M | $285.3M |
| Total Long-Term Debt | $593.3M | $1.27B | $1.69B | $1.10B | $1.09B | $1.02B |
| Total Liabilities | $935.3M | $1.74B | $2.49B | $1.69B | $1.59B | $1.55B |
| Shareholders' Equity | $649.6M | $682.2M | $1.18B | $949.1M | $858.5M | $498.7M |
Mativ Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $161.6M | $58.1M | $202.2M | $106.6M | $94.8M | $133.8M |
| Cash From Investing | -$203.1M | -$636.5M | -$481.3M | $547.2M | -$56.7M | -$37.0M |
| Cash From Financing | -$8.6M | $599.9M | $331.6M | -$662.9M | -$55.9M | -$106.7M |
| Free Cash Flow | $131.5M | $22.2M | $145.3M | $40.6M | $39.8M | $93.8M |
| Dividends Paid | $55.0M | $55.3M | $72.2M | $55.3M | $21.6M | $22.3M |
Figures from Mativ's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Mativ financials page for every line item.
Mativ Company Profile
| Ticker | MATV |
|---|---|
| Exchange | NYSE |
| Industry | Paper Mills |
| Headquarters | Alpharetta, Georgia |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0001000623 |
Frequently Asked Questions
What was Mativ's revenue in fiscal 2025?
Mativ (MATV) reported revenue of $1.99B for fiscal 2025.
What is Mativ's annual revenue history?
Mativ's annual revenue by fiscal year: 2020: $1.07B; 2021: $1.44B; 2022: $2.17B; 2023: $2.03B; 2024: $1.98B; 2025: $1.99B.
What was Mativ's net income in fiscal 2025?
Mativ reported net income of -$337.4M for fiscal 2025.
What was Mativ's earnings per share (EPS) in fiscal 2025?
Mativ's diluted EPS was -$6.19 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Mativ generate in fiscal 2025?
Mativ generated $93.8M of free cash flow in fiscal 2025.
What was Mativ's revenue last quarter?
In its most recent reported quarter (2026 Q2), Mativ reported revenue of $531.8M.
How much debt does Mativ have?
Mativ reported $1.02B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Mativ are outstanding?
Mativ reported a weighted average of 55.1 million basic shares outstanding in 2026 Q2.
What is Mativ's market cap?
Based on its latest closing price, Mativ (MATV) has a market capitalization of about $648.1M.
When does Mativ's fiscal year end?
Mativ's fiscal year end, as registered with the SEC, is December 31.
Where is Mativ headquartered?
Mativ lists its business address in Alpharetta, Georgia in its SEC filings.