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Matthews International Corporation

Matthews International Corporation

NASDAQ•MATW
CEO: Mr. Joseph C. Bartolacci J.D.
Sector: Industrials
Industry: Conglomerates
Listing Date: 1994-07-20
Matthews International Corporation provides brand solutions, memorialization products, and industrial technologies worldwide. It operates through three segments: Memorialization, Industrial Technologies, and SGK 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 SGK 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.
Contact Information
Two NorthShore Center, Pittsburgh, PA, 15212-5851, United States
412-442-8200
www.matw.com
Market Cap
$817.32M
P/E (TTM)
-33.7
19.1
Dividend Yield
3.8%
52W High
$32.00
52W Low
$18.50
52W Range
60%
Rank49Top 53.8%
3.6
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3.6 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q4 2025 Data

Revenue

$318.84M-28.62%
4-Quarter Trend

EPS

-$0.88-60.36%
4-Quarter Trend

FCF

$903.00K-96.22%
4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Net Loss Significantly Reduced Net loss narrowed to $(24.5) M USD in FY2025 from $(59.7) M USD in FY2024, reflecting successful cost management efforts.
SGK Business Divestiture Complete Recognized $55.1 M USD pre-tax gain from contributing majority Brand Solutions segment to Propelis on May 1, 2025.
Memorialization Profitability Increased Memorialization segment Adjusted EBITDA rose to $169.5 M USD, up from $162.6 M USD, driven by price realization and productivity gains.
Consolidated Sales Decline Consolidated sales fell to $1.50 B USD in FY2025, down $298.0 M USD, primarily due to the SGK divestiture impact.

Risk Factors

International Sales Exposure High Approximately 30% of FY2025 sales originated outside the US, exposing results to currency fluctuations and global instability risks.
Tesla Intellectual Property Litigation Defending against multiple Tesla complaints regarding trade secrets and patents; legal costs totaled $22.2 M USD in FY2025.
Operating Cash Flow Negative Cash used in operating activities was $(23.6) M USD for FY2025, contrasting sharply with $79.3 M USD provided in FY2024.
Raw Material Price Volatility Profitability remains vulnerable to increased prices for critical raw materials, supply chain disruptions, and labor cost increases.

Outlook

Strategic Alternatives Review Ongoing Board launched comprehensive review of strategic alternatives for the entire portfolio, announced in November 2024.
Warehouse Automation Sale Planned Proposed sale of Warehouse Automation business to Duravant LLC for $230.0 M USD consideration, expected closing in fiscal 2026.
Cost Reduction Initiatives Continue Planning further cost reduction actions for fiscal 2026, following Q4 2024 programs focused on engineering and G&A functions.
Capital Spending Forecast Stable Capital spending for fiscal 2026 estimated between $30 M USD and $40 M USD, expected to be funded by operations.

Peer Comparison

Revenue (TTM)

Forward Air CorporationFWRD
$2.50B
+14.5%
Compass DiversifiedCODI
$2.20B
+4.2%
Matthews International CorporationMATW
$1.50B
-16.6%

Gross Margin (Latest Quarter)

Compass DiversifiedCODI
49.4%
+13.6pp
Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y AgropecuariaCRESY
48.6%
+15.7pp
Matthews International CorporationMATW
36.3%
+10.1pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
MATW$817.32M-33.7-5.4%42.0%
FWRD$795.66M-6.8-71.5%16.9%
SKYH$730.02M-75.7-3.9%0.0%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-7.4%
Growth Under Pressure
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
50%
Cash Flow Needs Attention

Research & Insights

Next earnings:Feb 5, 2026
|
EPS:$0.05
|
Revenue:-
Reports
All Years
  • Form 10-K - FY 2025

    Period End: Sep 30, 2025|Filed: Nov 21, 2025|
    Revenue: $1.50B-16.6%
    |
    EPS: $-0.79+59.1%
    Miss
  • Form 10-Q - Q3 2025

    Period End: Jun 30, 2025|Filed: Aug 6, 2025|
    Revenue: $349.38M-18.3%
    |
    EPS: $0.50+769.6%
    Beat
  • Form 10-Q - Q2 2025

    Period End: Mar 31, 2025|Filed: Apr 30, 2025|
    Revenue: $427.63M-9.3%
    |
    EPS: $-0.29-200.0%
    Miss
  • Form 10-Q - Q1 2025

    Period End: Dec 31, 2024|Filed: Feb 7, 2025|
    Revenue: $401.84M-10.7%
    |
    EPS: $-0.11+47.7%
    Miss
  • Form 10-K - FY 2024

    Period End: Sep 30, 2024|Filed: Nov 22, 2024|
    Revenue: $1.80B-4.5%
    |
    EPS: $-1.93-250.8%
    Miss
  • Form 10-Q - Q3 2024

    Period End: Jun 30, 2024|Filed: Aug 2, 2024|
    Revenue: $427.83M-9.3%
    |
    EPS: $0.06-79.5%
    Miss
  • Form 10-Q - Q2 2024

    Period End: Mar 31, 2024|Filed: May 3, 2024|
    Revenue: $471.22M-1.7%
    |
    EPS: $0.29-3.3%
    Miss
  • Form 10-Q - Q1 2024

    Period End: Dec 31, 2023|Filed: Feb 2, 2024|
    Revenue: $449.99M+0.2%
    |
    EPS: $-0.07-162.1%
    Miss