Mativ Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,987	1,981	2,026	1,637	930.7
Revenue Growth (YoY)	0.30%	-2.22%	23.77%	75.88%	-13.38%
Cost of Revenue	1,624	1,617	1,670	1,331	747.5
Gross Profit	362.9	364.1	355.8	306	183.2
Selling, General & Admin	228.7	233.8	263.9	254.9	177
Research & Development	23.6	23	21.2	18.8	11.8
Amortization of Goodwill & Intangibles	63.2	62.9	61	53.4	-
Operating Expenses	315.5	319.7	346.1	327.1	188.8
Operating Income	47.4	44.4	9.7	-21.1	-5.6
Interest Expense	-71.1	-74.7	-62.2	-57.3	-40.4
Currency Exchange Gain (Loss)	-	6.8	2.5	5.4	4.8
Other Non Operating Income (Expenses)	-7.5	-10	-7.3	-4.4	25.3
EBT Excluding Unusual Items	-31.2	-33.5	-57.3	-77.4	-15.9
Merger & Restructuring Charges	-8.1	-21.9	-4	-5.1	-10.6
Impairment of Goodwill	-411.9	-	-401	-	-
Asset Writedown	-11.8	-16.2	-18.6	-14	-
Other Unusual Items	-	-7.3	-	-	-
Pretax Income	-463	-78.9	-480.9	-96.5	-26.5
Income Tax Expense	-125.6	-30.2	26.8	-27.6	-28.2
Earnings From Continuing Operations	-337.4	-48.7	-507.7	-68.9	1.7
Earnings From Discontinued Operations	-	-	198.2	62.3	87.2
Net Income	-337.4	-48.7	-309.5	-6.6	88.9
Preferred Dividends & Other Adjustments	-	0.2	0.7	0.9	1.1
Net Income to Common	-337.4	-48.9	-310.2	-7.5	87.8
Net Income Growth	-	-	-	-	6.09%
Shares Outstanding (Basic)	55	54	55	42	31
Shares Outstanding (Diluted)	55	54	55	42	31
Shares Change (YoY)	0.54%	-0.36%	28.43%	35.16%	0.95%
EPS (Basic)	-6.18	-0.90	-5.69	-0.18	2.83
EPS (Diluted)	-6.19	-0.90	-5.69	-0.18	2.83
EPS Growth	-	-	-	-	6.37%
Free Cash Flow	93.8	39.8	40.6	156.6	38.6
Free Cash Flow Per Share	1.72	0.73	0.74	3.69	1.23
Dividend Per Share	0.400	0.400	1.000	1.680	1.760
Dividend Growth	-	-60.00%	-40.48%	-4.54%	-
Gross Margin	18.26%	18.38%	17.56%	18.69%	19.68%
Operating Margin	2.39%	2.24%	0.48%	-1.29%	-0.60%
Profit Margin	-16.98%	-2.47%	-15.31%	-0.46%	9.43%
Free Cash Flow Margin	4.72%	2.01%	2.00%	9.57%	4.15%
EBITDA	188.4	185	152.5	84.4	58.7
EBITDA Margin	9.48%	9.34%	7.53%	5.16%	6.31%
D&A For EBITDA	141	140.6	142.8	105.5	64.3
EBIT	47.4	44.4	9.7	-21.1	-5.6
EBIT Margin	2.39%	2.24%	0.48%	-1.29%	-0.60%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.