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MATV · NYSE · United States · Paper Mills
In shortMativ Holdings, Inc. is loss-making, generates cash and carries heavy debt, with revenue stable (+0.3% last year).
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | -19.3% | 0/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -17.0% | 0/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -49.7% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | -18.5% | 0/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 2.24× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 2.04× | 0/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | – | n/a |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | -5.41× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | -0.10 | 0/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 4.7% | 39/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 1 of 5 | 20/100 |
|---|---|---|
| Years of revenue decline (last 5) | 2 of 5 | 33/100 |
| Revenue growth volatility | 35.6% | 0/100 |
| Operating margin volatility | 10.2% | 16/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 6.7% | 54/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 931 | 1,637 | 2,026 | 1,981 | 1,987 |
| Cost of revenue | 748 | 1,331 | 1,670 | 1,617 | 1,624 |
| Gross profit | 183 | 306 | 356 | 364 | 363 |
| Research & development | 12 | 19 | 21 | 23 | 24 |
| Selling, general & admin | – | 255 | 264 | 234 | 229 |
| Operating income | (16) | (40) | (414) | 6.3 | (384) |
| Interest expense | 40 | 57 | 62 | 75 | 71 |
| Pre-tax income | (27) | (97) | (481) | (79) | (463) |
| Income tax | (28) | (28) | 27 | (30) | (126) |
| Net income | 89 | (6.6) | (310) | (49) | (337) |
| Diluted EPS | $2.80 | −$0.18 | −$5.69 | −$0.90 | −$6.19 |
| Diluted shares (millions) | 31 | 42 | 55 | 54 | 55 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
−0.10 Distress zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
3/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Aug 6, 2026