← Mativ Holdings, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $839.9m |
$982.1m
+16.93%
|
$1.0b
+6.03%
|
$1.0b
-1.78%
|
$1.1b
+5.04%
|
$1.4b
+34.03%
|
$2.2b
+50.51%
|
$2.0b
-6.52%
|
$2.0b
-2.22%
|
$2.0b
+0.30%
|
$2.0b
+0.06%
|
|
| Cost of Revenue | $643.9m |
$698.7m
+8.50%
|
$762.8m
+9.17%
|
$732.8m
-3.93%
|
$766.1m
+4.54%
|
$1.1b
+44.85%
|
$1.7b
+55.88%
|
$1.7b
-3.45%
|
$1.6b
-3.19%
|
$1.6b
+0.44%
|
$1.6b
-1.27%
|
|
| Cost of products sold | $583.2m |
$699.8m
+19.99%
|
$762.8m
+9.00%
|
$732.8m
-3.93%
|
$766.1m
+4.54%
|
$1.1b
+44.85%
|
$1.7b
+55.88%
|
$1.7b
-3.45%
|
$1.6b
-3.19%
|
$1.6b
+0.44%
|
— | |
| Gross Profit | $256.7m |
$283.4m
+10.40%
|
$278.5m
-1.73%
|
$290.0m
+4.13%
|
$308.3m
+6.31%
|
$330.3m
+7.14%
|
$437.6m
+32.49%
|
$355.8m
-18.69%
|
$364.1m
+2.33%
|
$362.9m
-0.33%
|
$384.8m
+6.03%
|
|
| Research and Development Expense | $17.5m | $17.8m | $15.2m | $13.5m | $13.8m | $20.3m | $26.6m | $21.2m | $23.0m | $23.6m | $21.0m | |
| Selling, General and Administrative Expense | — | — | — | — | — | — | $254.9m | $263.9m | $233.8m | $228.7m | $219.6m | |
| Amortization of Intangible Assets | — | $20.9m | $20.7m | $20.3m | $24.6m | $39.7m | $53.4m | $61.0m | $62.9m | $63.2m | — | |
| Restructuring Costs | — | — | — | — | $16.8m | — | — | — | — | — | — | |
| Restructuring and other impairment expense | — | — | — | — | — | $1.9m | $19.1m | $22.6m | $38.1m | $19.9m | — | |
| Operating Expenses | — | $147.0m | $141.8m | — | — | — | — | — | — | — | $1.9b | |
| Operating Income (Loss) | $106.1m |
$128.3m
+20.92%
|
$135.0m
+5.22%
|
$134.0m
-0.74%
|
$128.8m
-3.88%
|
$83.3m
-35.33%
|
$51.4m
-38.30%
|
($413.9m)
-905.25%
|
$6.3m
+101.52%
|
($384.4m)
-6201.59%
|
$80.5m
+120.94%
|
|
| Foreign Currency Transaction Gain (Loss), before Tax | — | ($3.5m) | ($1.5m) | ($1.4m) | ($900k) | $3.5m | $7.5m | ($4.8m) | $1.2m | ($6.6m) | — | |
| Other Nonoperating Income (Expense) | — | — | — | — | — | — | — | — | ($3.2m) | ($7.5m) | — | |
| Income (Loss) from Equity Method Investments | — | $2.5m | ($11.3m) | $4.1m | $4.9m | $6.4m | $5.2m | — | — | — | — | |
| Nonoperating Income (Expense) | — | $100k | $10.0m | ($1.0m) | ($1.0m) | $35.9m | $10.3m | ($4.8m) | — | — | — | |
| Other expense, net | — | — | — | — | — | — | $1.0m | ($4.8m) | ($3.2m) | ($7.5m) | — | |
| Interest Expense (non-operating) | $16.6m | $26.9m | $28.2m | $36.1m | $30.5m | $46.1m | $86.1m | $62.2m | $74.7m | $71.1m | $71.5m | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | $42.6m | $55.8m | $60.0m | $29.1m | $28.5m | ($88.2m) | ($256.9m) | ($92.8m) | ($349.1m) | ($17.7m) | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | — | ($26.5m) | ($96.5m) | ($480.9m) | ($78.9m) | ($463.0m) | ($17.7m) | |
| Current Income Tax Expense (Benefit) | — | $68.0m | $3.2m | $18.6m | $23.6m | $17.6m | $19.1m | $3.0m | $5.7m | $4.5m | ($107.2m) | |
| Income Tax Expense (Benefit) | $15.4m | $69.6m | $10.7m | $15.2m | $18.4m | ($9.4m) | ($12.6m) | $26.8m | ($30.2m) | ($125.6m) | ($107.2m) | |
| Net loss from continuing operations | $82.8m | $34.4m | $94.8m | $85.8m | $83.8m | $1.7m | ($68.9m) | ($507.7m) | ($48.7m) | ($337.4m) | — | |
| Net loss | $82.8m | $34.5m | $94.5m | $85.8m | $83.8m | $88.9m | ($6.6m) | ($309.5m) | ($48.7m) | ($337.4m) | — | |
| Net Income (Loss) Attributable to Parent | $106.1m |
$34.5m
-67.48%
|
$94.5m
+173.91%
|
$85.8m
-9.21%
|
$83.8m
-2.33%
|
$88.9m
+6.09%
|
($6.6m)
-107.42%
|
($309.5m)
-4589.39%
|
($48.7m)
+84.26%
|
($337.4m)
-592.81%
|
$88.7m
+126.29%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | — | $34.1m |
$93.9m
+175.37%
|
$85.2m
-9.27%
|
$82.7m
-2.93%
|
— | — | — | — | — | $88.7m | |
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | — | $0 | $300k | $200k | $400k | $500k | $0 | $0 | $7.3m | $0 | — | |
| Income (Loss) from Continuing Operations, Per Basic Share | $2.71 | $1 | $3 | $3 | $3 | $0.02 | ($1.64) | ($9) | ($1) | ($6) | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | — | $1 | $3 | $3 | $3 | — | — | ($9) | ($1) | ($6) | — | |
| Earnings Per Share, Basic | $2.71 | $1.12 | $3.07 | $2.78 | $2.68 | $2.83 | ($0.18) | ($5.69) | ($0.90) | ($6.19) | $1.64 | |
| Earnings Per Share, Diluted | $2.70 | $1.12 | $3.06 | $2.76 | $2.66 | $2.80 | ($0.18) | ($5.69) | ($0.90) | ($6.19) | $1.64 | |
| Loss per share from continuing operations (in dollars per share) | $2.71 | $1.12 | $3.08 | $2.78 | $2.68 | $0.02 | ($1.64) | ($9.33) | ($0.90) | ($6.19) | — | |
| Income per share from discontinued operations (in dollars per share) | — | — | — | — | — | $2.78 | $1.46 | $3.64 | $0.00 | $0.00 | — | |
| Common Stock, Dividends, Per Share, Declared | $2.71 | $1.69 | $1.73 | $1.76 | $1.76 | $1.76 | $1.68 | $1.00 | $0.40 | $0.40 | — | |
| Basic (in shares) | $30.3m | $30.4m | $30.6m | $30.7m | $30.8m | $31.0m | $42.4m | $54.5m | $54.3m | $54.6m | $54.8m | |
| Diluted (in shares) | $30.5m | $30.5m | $30.7m | $30.8m | $31.1m | $31.4m | $42.4m | $54.5m | $54.3m | $54.6m | $54.8m | |
| Weighted Average Number of Shares Outstanding, Basic | $30.3m | 30.4m | 30.6m | 30.7m | 30.8m | 31.0m | 42.4m | 54.5m | 54.3m | 54.6m | 54.8m | |
| Weighted Average Number of Shares Outstanding, Diluted | $30.5m | 30.5m | 30.7m | 30.8m | 31.1m | 31.4m | 42.4m | 54.5m | 54.3m | 54.6m | 54.8m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | — | $200k | $0 | $0 | $1.1m | $8.7m | $45.5m | — | $0 | — | — | |
| Capitalized Computer Software, Amortization | — | $1.1m | $1.6m | $1.9m | $2.1m | $3.0m | $4.5m | $5.0m | $3.2m | $2.9m | — | |
| Goodwill, Impairment Loss | — | — | — | — | $0 | $0 | $0 | $401.0m | $0 | $411.9m | $0 | |
| Other Cost and Expense, Operating | $125.0m | $149.5m | $141.8m | $152.3m | $167.6m | $236.9m | $366.9m | $346.1m | $319.7m | $315.5m | — | |
| Selling Expense | — | $33.3m | $35.7m | $33.7m | $36.9m | $46.7m | $74.2m | $78.9m | — | — | — | |
| Intangible asset amortization expense | — | $20.9m | $20.7m | $20.3m | $24.6m | $39.7m | $53.4m | $61.0m | $62.9m | $63.2m | — | |
| Goodwill impairment expense | — | — | — | — | $0 | $0 | $0 | $401.0m | $0 | $411.9m | — | |
| Operating profit (loss) | $106.1m |
$124.7m
+17.53%
|
$135.0m
+8.26%
|
$134.0m
-0.74%
|
$128.8m
-3.88%
|
$83.3m
-35.33%
|
$51.4m
-38.30%
|
($413.9m)
-905.25%
|
$6.3m
+101.52%
|
($384.4m)
-6201.59%
|
— | |
| Loss on debt extinguishment | — | $0 | $300k | $200k | $400k | $500k | $0 | $0 | $7.3m | $0 | — | |
| Income from discontinued operations, net of tax | $0 | $100k | ($300k) | $0 | $0 | $87.2m | $62.3m | $198.2m | $0 | $0 | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $82.8m | $34.4m | $94.8m | $85.8m | $83.8m | $1.7m | ($68.9m) | ($507.7m) | ($48.7m) | ($337.4m) | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $0 | $100k | ($300k) | $0 | $0 | $87.2m | $62.3m | $198.2m | $0 | $0 | — | |
| Total nonmanufacturing expenses | $125.0m | $149.5m | $141.8m | $152.3m | $167.6m | $236.9m | $366.9m | $346.1m | $319.7m | $315.5m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.