Mativ Holdings Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,983	1,981	2,026	1,637	930.7	1,074
Revenue Growth (YoY)	0.39%	-2.22%	23.77%	75.88%	-13.38%	5.04%
Cost of Revenue	1,629	1,617	1,670	1,331	747.5	761.2
Gross Profit	353.3	364.1	355.8	306	183.2	313.2
Selling, General & Admin	229.5	233.8	263.9	254.9	177	152.7
Research & Development	24.1	23	21.2	18.8	11.8	13.8
Amortization of Goodwill & Intangibles	63.3	62.9	61	53.4	-	-
Operating Expenses	316.9	319.7	346.1	327.1	188.8	166.5
Operating Income	36.4	44.4	9.7	-21.1	-5.6	146.7
Interest Expense	-73.8	-74.7	-62.2	-57.3	-40.4	-30.5
Earnings From Equity Investments	-	-	-	-	-	6.9
Currency Exchange Gain (Loss)	6.8	6.8	2.5	5.4	4.8	2.4
Other Non Operating Income (Expenses)	4	-10	-7.3	-4.4	25.3	-5.4
EBT Excluding Unusual Items	-26.6	-33.5	-57.3	-77.4	-15.9	120.1
Merger & Restructuring Charges	-23.7	-38.1	-22.6	-19.1	-10.6	-17.9
Impairment of Goodwill	-411.9	-	-401	-	-	-
Asset Writedown	4.8	-	-	-	-	-
Other Unusual Items	-10.9	-7.3	-	-	-	-
Pretax Income	-468.3	-78.9	-480.9	-96.5	-26.5	102.2
Income Tax Expense	-31.6	-30.2	26.8	-27.6	-28.2	18.4
Earnings From Continuing Operations	-436.7	-48.7	-507.7	-68.9	1.7	83.8
Earnings From Discontinued Operations	-	-	198.2	62.3	87.2	-
Net Income	-436.7	-48.7	-309.5	-6.6	88.9	83.8
Preferred Dividends & Other Adjustments	0.5	0.2	0.7	0.9	1.1	1.1
Net Income to Common	-437.2	-48.9	-310.2	-7.5	87.8	82.7
Net Income Growth	-	-	-	-	6.09%	-2.33%
Shares Outstanding (Basic)	55	54	55	42	31	31
Shares Outstanding (Diluted)	55	54	55	42	31	31
Shares Change (YoY)	0.43%	-0.36%	28.43%	35.16%	0.95%	0.86%
EPS (Basic)	-8.02	-0.90	-5.69	-0.18	2.83	2.68
EPS (Diluted)	-8.02	-0.90	-5.69	-0.18	2.83	2.66
EPS Growth	-	-	-	-	6.37%	-3.62%
Free Cash Flow	87.8	39.8	40.6	156.6	38.6	131.5
Free Cash Flow Per Share	1.61	0.73	0.74	3.69	1.23	4.23
Dividend Per Share	0.400	0.400	1.000	1.680	1.760	1.760
Dividend Growth	-	-60.00%	-40.48%	-4.54%	-	-
Gross Margin	17.82%	18.38%	17.56%	18.69%	19.68%	29.15%
Operating Margin	1.84%	2.24%	0.48%	-1.29%	-0.60%	13.65%
Profit Margin	-22.05%	-2.47%	-15.31%	-0.46%	9.43%	7.70%
Free Cash Flow Margin	4.43%	2.01%	2.00%	9.57%	4.15%	12.24%
EBITDA	174.9	185	152.5	84.4	58.7	211.8
EBITDA Margin	8.82%	9.34%	7.53%	5.16%	6.31%	19.71%
D&A For EBITDA	138.5	140.6	142.8	105.5	64.3	65.1
EBIT	36.4	44.4	9.7	-21.1	-5.6	146.7
EBIT Margin	1.84%	2.24%	0.48%	-1.29%	-0.60%	13.65%
Effective Tax Rate	-	-	-	-	-	18.00%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q