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MATW · Nasdaq · United States · Nonferrous Foundries (Castings)
In shortMATTHEWS INTERNATIONAL CORP is loss-making, burns cash and carries moderate debt, with revenue shrinking (−16.6% 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. | 5.0% | 33/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -1.6% | 13/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -5.3% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 5.0% | 33/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.48× | 57/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 1.48× | 29/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 4.61× | 0/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 1.20× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 2.46 | 35/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | -4.0% | 4/100 |
|---|---|---|
| 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) | 4 of 5 | 75/100 |
Weight in the score: 20%
| Profitable years (last 5) | 2 of 5 | 40/100 |
|---|---|---|
| Years of revenue decline (last 5) | 2 of 5 | 33/100 |
| Revenue growth volatility | 11.2% | 70/100 |
| Operating margin volatility | 3.3% | 79/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -5.3% | 0/100 |
|---|---|---|
| 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 | 1,671 | 1,762 | 1,881 | 1,796 | 1,498 |
| Cost of revenue | 1,129 | 1,240 | 1,303 | 1,266 | 990 |
| Gross profit | 542 | 522 | 578 | 530 | 508 |
| Research & development | 13 | 16 | 16 | 16 | 17 |
| Operating income | 42 | (44) | 88 | (12) | 75 |
| Interest expense | 29 | 28 | 45 | 51 | 63 |
| Pre-tax income | 9.2 | (104) | 41 | (70) | 16 |
| Income tax | 6.4 | (4.4) | 1.8 | (10) | 41 |
| Net income | 2.9 | (100) | 39 | (60) | (24) |
| Diluted EPS | $0.09 | −$3.18 | $1.26 | −$1.93 | −$0.79 |
| Diluted shares (millions) | 32 | 31 | 31 | 31 | 31 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
2.46 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
5/9
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 7, 2026