Mativ Holdings Balance Sheet

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
Cash & Equivalents	84.2	94.3	120.2	101.1	74.7
Cash & Short-Term Investments	84.2	94.3	120.2	101.1	74.7
Cash Growth	-10.71%	-21.55%	18.89%	35.34%	36.56%
Accounts Receivable	180.9	128.9	144	142.4	207.5
Other Receivables	17.7	46.7	60.5	51.7	40.1
Receivables	198.6	175.6	204.5	194.1	247.6
Inventory	329.1	355.1	352.9	414.6	259.5
Restricted Cash	5.6	-	-	-	-
Other Current Assets	21.1	33.1	34.9	264.9	12.8
Total Current Assets	638.6	658.1	712.5	974.7	594.6
Property, Plant & Equipment	673.3	682.9	736.3	739.4	489
Long-Term Investments	-	10.1	10.9	38.1	67.9
Goodwill	57.6	465.6	474.1	844.2	648.3
Other Intangible Assets	514.2	553.4	631.3	725.9	527.8
Long-Term Deferred Tax Assets	104	8.1	6.4	34.4	33.9
Other Long-Term Assets	63.9	69.7	70.9	312.5	58.8
Total Assets	2,052	2,448	2,642	3,669	2,420
Accounts Payable	160.7	151.7	139.3	180.6	116
Accrued Expenses	109.4	100.7	112.2	126.8	102
Current Portion of Long-Term Debt	2.9	2.6	2.8	33.6	2.7
Current Portion of Leases	10.8	11.1	11.3	9.4	7.8
Current Income Taxes Payable	1.5	8.4	14.3	10.2	2.6
Other Current Liabilities	-	-	1.5	105.6	-
Total Current Liabilities	285.3	274.5	281.4	466.2	231.1
Long-Term Debt	1,015	1,087	1,107	1,663	1,267
Long-Term Leases	54.9	52.7	53.5	42.6	21
Pension & Post-Retirement Benefits	53.8	54.3	62.2	60.3	39
Long-Term Deferred Tax Liabilities	74.9	100.9	142.3	152.1	95.1
Other Long-Term Liabilities	68.7	20.3	47.2	105.6	85
Total Liabilities	1,553	1,589	1,693	2,490	1,738
Common Stock	5.5	5.4	5.4	5.5	3.1
Additional Paid-In Capital	685	675.7	669.6	658.5	101.7
Retained Earnings	-195.8	164.3	235	610.7	696.4
Comprehensive Income & Other	4	13.1	39.1	-95.4	-119
Shareholders' Equity	498.7	858.5	949.1	1,179	682.2
Total Liabilities & Equity	2,052	2,448	2,642	3,669	2,420
Total Debt	1,084	1,153	1,174	1,749	1,298
Net Cash (Debt)	-999.7	-1,059	-1,054	-1,648	-1,224
Net Cash Per Share	-18.31	-19.49	-19.34	-38.82	-38.97
Filing Date Shares Outstanding	54.68	54.52	54.3	54.98	31.68
Total Common Shares Outstanding	54.68	54.34	54.21	54.93	31.45
Working Capital	353.3	383.6	431.1	508.5	363.5
Book Value Per Share	9.12	15.80	17.51	21.47	21.69
Tangible Book Value	-73.1	-160.5	-156.3	-390.8	-493.9
Tangible Book Value Per Share	-1.34	-2.95	-2.88	-7.11	-15.70
Land	-	68.2	78.3	75.9	31.6
Buildings	-	192.6	191.6	176.4	194.5
Machinery	-	597.8	558.6	526.4	737.6
Construction In Progress	-	33.8	50	45.4	32.6

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