Mativ Holdings Cash Flow 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
Net Income	-337.4	-48.7	-309.5	-6.6	88.9
Depreciation & Amortization	141	140.6	142.8	105.5	64.3
Other Amortization	8.2	11	12.6	10.8	6.8
Loss (Gain) From Sale of Assets	-0.3	5.5	-	-2.9	-35.2
Asset Writedown & Restructuring Costs	423.7	16.2	419.2	13.8	1.6
Stock-Based Compensation	11.1	11.4	10.5	20.4	8.5
Other Operating Activities	-120.9	-41.3	-179.2	-79.5	-127.9
Change in Accounts Receivable	-	6.3	2	157.1	2.7
Change in Inventory	-	-26	52.2	-62.9	-15.9
Change in Accounts Payable	-	20.6	-64.4	-15.3	-3.3
Change in Income Taxes	-	-3	-9.4	-15.6	1.1
Change in Other Net Operating Assets	8.4	2.2	-0.2	-0.2	0.9
Operating Cash Flow	133.8	94.8	106.6	202.2	58
Operating Cash Flow Growth	41.14%	-11.07%	-47.28%	248.62%	-64.11%
Capital Expenditures	-40	-55	-66	-45.6	-19.4
Sale of Property, Plant & Equipment	2.9	5.8	-	7.5	35.2
Cash Acquisitions	-	-	-	-462.5	-630.5
Sale (Purchase) of Intangibles	-	-0.6	-0.4	-2.6	-2.8
Other Investing Activities	0.1	-6.9	613.6	21.9	-18.9
Investing Cash Flow	-37	-56.7	547.2	-481.3	-636.4
Long-Term Debt Issued	82	531	241	774.9	743.5
Total Debt Issued	82	531	241	774.9	743.5
Long-Term Debt Repaid	-165	-556.2	-835.6	-341.2	-69.6
Total Debt Repaid	-165	-556.2	-835.6	-341.2	-69.6
Net Debt Issued (Repaid)	-83	-25.2	-594.6	433.7	673.9
Repurchase of Common Stock	-1.4	-0.8	-10.6	-6.9	-3.4
Common Dividends Paid	-22.3	-21.6	-55.3	-72.2	-55.3
Other Financing Activities	-	-8.3	-2.4	-23.1	-15.3
Financing Cash Flow	-106.7	-55.9	-662.9	331.5	599.9
Foreign Exchange Rate Adjustments	5.4	-8.1	4.9	-2.7	-1.5
Net Cash Flow	-4.5	-25.9	-4.2	49.7	20
Free Cash Flow	93.8	39.8	40.6	156.6	38.6
Free Cash Flow Growth	135.68%	-1.97%	-74.07%	305.70%	-70.65%
Free Cash Flow Margin	4.72%	2.01%	2.00%	9.57%	4.15%
Free Cash Flow Per Share	1.72	0.73	0.74	3.69	1.23
Cash Income Tax Paid	-	14.9	37.5	26	22.4
Levered Free Cash Flow	125.69	110.46	192.09	-111.6	-87.85
Unlevered Free Cash Flow	161.93	149.35	223.36	-82.19	-66.6
Change in Working Capital	8.4	0.1	-19.8	63.1	-14.5

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