Matthews International Corp (MATW)
Matthews International Corporation provides brand solutions, memorialization products, and industrial technologies worldwide. It operates through three segments: Memorialization, Industrial Technologies, and Brand Solutions. The Memorialization segment provides bronze and granite memorials, upright granite memorials and monuments, concrete burial vaults, cremation memorialization products, granite benches, flower vases, crypt plates and letters, cremation urns, niche units, cemetery features, and statues, as well as bronze plaques, letters, emblems, vases, lights and photo ceramics, granite monuments, mausoleums, crypts, and flush memorials. The Industrial Technologies segment designs, manufactures, services, and distributes high-tech custom energy storage solutions, and product identification and warehouse automation technologies and solutions, including order fulfillment systems for identifying, tracking, picking, and conveying consumer and industrial products. This segment also provides engineered calendaring, laminating, and coating equipment; stand-alone marking products; laser and ink-jet printing systems; and spare parts, calendar, and coating-roller refurbishing and retrofits. The Brand solutions segment provides brand management, pre-media services, printing plates and cylinders, imaging services, digital asset management, merchandising display systems, and marketing and design services for the consumer goods and retail industries. The company was founded in 1850 and is based in Pittsburgh, Pennsylvania.
- Symbol
- MATW
- Exchange
- Nasdaq
- Sector
- Industrials
- Industry
- Conglomerates
- Market cap
- $621.45M
- 52 week range
- 19.51 - 30.93
Valuation
- Share price
- $19.71 (close of 2026-09-23)
- P/E (TTM)
- -21.18x
- Price to book
- 1.28x
- Price to free cash flow
- -7.58x
- Enterprise value
- $1.21B
- Book value per share
- $15.57
Price performance
| Period | Change |
|---|
| 1 day | -0.35% |
| 5 days | -1.94% |
| 1 month | -7.33% |
| 3 months | -23.90% |
| 6 months | -20.68% |
| Year to date | -24.54% |
| 1 year | -21.19% |
| 3 years | -50.66% |
| 5 years | -43.18% |
| 10 years | -67.41% |
| All time | +442.98% |
Profitability and growth
- Return on equity
- -5.09%
- Return on invested capital
- 3.11%
- Return on assets
- -1.44%
- Return on capital employed
- 5.61%
- Gross margin
- 33.89%
- Net margin
- -1.63%
- EBITDA margin
- 9.83%
- Revenue growth
- -16.60%
- Net income growth
- 58.98%
- Free cash flow growth
- -274.28%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- -13.19%
- Current ratio
- 1.76x
- Net debt to EBITDA
- 5.41x
Latest reported year
- Period end
- 2025-09-30
- Fiscal year
- 2025
- Revenue
- $1.50B
- Cost of revenue
- $990.10M
- Gross profit
- $507.59M
- EBITDA
- $147.20M
- Net income
- $-24.47M
- Earnings per share
- $-0.79
- Research and development
- $16.73M
- Shares outstanding
- 31.10M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|
| 2025-09-30 | $1.50B | $507.59M | $-24.47M | $-0.79 |
| 2024-09-30 | $1.80B | $529.71M | $-59.66M | $-1.93 |
| 2023-09-30 | $1.88B | $577.67M | $39.29M | $1.28 |
| 2022-09-30 | $1.76B | $522.28M | $-99.77M | $-3.18 |
| 2021-09-30 | $1.67B | $541.83M | $2.91M | $0.09 |
| 2020-09-30 | $1.50B | $497.77M | $-87.16M | $-2.79 |
| 2019-09-30 | $1.54B | $542.47M | $-37.99M | $-1.21 |
| 2018-09-30 | $1.60B | $584.22M | $107.37M | $3.39 |
| 2017-09-30 | $1.52B | $567.79M | $74.37M | $2.31 |
| 2016-09-30 | $1.48B | $556.45M | $66.75M | $2.04 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|
| 2025-09-30 | 33.89% | -1.63% | -5.09% | 3.11% |
| 2024-09-30 | 29.50% | -3.32% | -13.65% | -0.50% |
| 2023-09-30 | 30.71% | 2.09% | 7.48% | 6.41% |
| 2022-09-30 | 29.63% | -5.66% | -20.48% | -3.06% |
| 2021-09-30 | 32.43% | 0.17% | 0.46% | 2.47% |
| 2020-09-30 | 33.22% | -5.82% | -14.25% | -3.06% |
| 2019-09-30 | 35.29% | -2.47% | -5.28% | 0.58% |
| 2018-09-30 | 36.46% | 6.70% | 12.36% | 7.75% |
| 2017-09-30 | 37.46% | 4.91% | 9.41% | 6.02% |
| 2016-09-30 | 37.59% | 4.51% | 9.41% | 5.88% |
Cash and debt by year
| Period end | Cash | Debt |
|---|
| 2025-09-30 | $32.43M | $703.60M |
| 2024-09-30 | $40.82M | $769.61M |
| 2023-09-30 | $42.10M | $786.48M |
| 2022-09-30 | $69.02M | $795.29M |
| 2021-09-30 | $49.18M | $759.09M |
| 2020-09-30 | $41.33M | $807.71M |
| 2019-09-30 | $35.30M | $898.19M |
| 2018-09-30 | $41.57M | $929.34M |
| 2017-09-30 | $57.52M | $881.60M |
| 2016-09-30 | $55.71M | $844.81M |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|
| 2025-09-30 | $-59.37M | $23.07M |
| 2024-09-30 | $34.06M | $18.48M |
| 2023-09-30 | $28.93M | $17.31M |
| 2022-09-30 | $65.54M | $17.43M |
| 2021-09-30 | $128.50M | $15.58M |
| 2020-09-30 | $145.60M | $8.10M |
| 2019-09-30 | $93.39M | $7.73M |
| 2018-09-30 | $104.37M | $13.46M |
| 2017-09-30 | $104.36M | $14.56M |
| 2016-09-30 | $98.59M | $10.61M |
Dividend history
- Most recent payment
- 2026-08-10
- Paid in the last twelve months
- $1.02
| Payment date | Dividend per share |
|---|
| 2026-08-10 | $0.26 |
| 2026-05-11 | $0.26 |
| 2026-02-09 | $0.26 |
| 2025-12-01 | $0.26 |
| 2025-08-11 | $0.25 |
| 2025-05-12 | $0.25 |
| 2025-02-10 | $0.25 |
| 2024-12-02 | $0.25 |
Investor relations
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|
| 2026-08-06 | Jun/2026 | $0.41 |
| 2026-04-30 | - | - |
| 2026-02-03 | - | - |
| 2025-11-20 | - | - |
| 2025-08-05 | - | - |
| 2025-04-30 | - | - |
| 2025-02-06 | - | - |
| 2024-11-21 | - | - |
Filings and sources
- Company website
- matw.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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