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Matthews International Corp. (MATW)

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Matthews International Corp. (MATW) reported revenue of $246 million for Q3 FY2026, the quarter ended 30 June 2026, down 29.6% on the same quarter a year earlier. Net income was -$24 million, and diluted earnings per share $-0.75. The figures are the company's own, from the 10-Q it filed with the SEC on 7 August 2026.

Revenue$246 milliondown 29.6%
Net income-$24 million
Diluted EPS$-0.75
QuarterQ3 FY2026ended 30 June 2026

Matthews International (MATW) in brief

Matthews International (MATW) reported revenue of $1.5 billion for fiscal 2025, the year ended 30 September 2025, down 16.6% on the year before.
Read moreNet loss was $24 million and the diluted loss per share $0.79. Revenue was $1.8 billion in fiscal 2024, $1.9 billion in fiscal 2023, $1.8 billion in fiscal 2022 and $1.7 billion in fiscal 2021. Net income in the same years was a loss of $60 million, $39 million, a loss of $100 million and $3 million. Over the twelve months to 30 June 2026, Matthews International reported revenue of $1.1 billion and net loss of $29 million. Revenue fell 0.0% a year, compounded, over the five years to fiscal 2025. Matthews International declared $1.00 a share in dividends over the last four quarters and had 31 million shares outstanding at the latest filed count. At 30 June 2026 it carried $559 million of debt and $38 million of cash. At the close of 9 October 2026 the market cap of Matthews International was $581 million.

Ratios

From the filings

ROE-6.0%
ROCE6.7%
Operating margin6.3%
Net margin-2.6%
FCF margin-7.4%
Interest cover1.38
Debt to equity1.15
Cash conversionn/a
Share count, 1 year1.4%
Sales CAGR, 3 years-5.3%
Profit CAGR, 3 yearsn/a
EPS, TTM-$0.93

At the close of 9 October 2026

Price$18.60
Market cap$581 million
Stock P/En/a
Price to book1.19
EV / EBITDA9.13
Dividend yield5.4%
Market cap / sales0.52
52-week high$28.85
52-week low$18.55
Price, 1 year-19.1%
Price CAGR, 3 years-22.5%
Price CAGR, 5 years-11.9%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on long-term debt as Matthews International Corp. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.
MATWgreeksoup.ai
Daily prices to 9 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on MATW

Filings32 in twelve months: 23 current reports (8-K), about 17 regulation FD disclosure; 5 officer or director change; 5 results of operations; 4 material agreement; 2 new financial obligation
Planned insider salesno Form 144 notice in twelve months
Options tapeput/call 0.25 by open interest at the 9 October 2026 close; the straddle prices a 13.0% move to 16 October 2026
13F holders4 of the followed funds hold it; largest Geode Capital Management; 8 Schedule 13D or 13G filings in twelve months
Insider trading0 sales and 7 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest4.7 million shares short, 3.33 days to cover at 30 September 2026
Documentsthe 10-K, the 10-Qs, the proxy and 5 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026
Revenue480450471428447402428349319285259246
Cost of revenue329318323296329276284227203185157158
Gross profit15113214813211712614412211699.710288.2
Gross margin31%29%31%31%26%31%34%35%36%35%39%36%
Operating income26.39.421.36.7-49.85.75.975.2-11.497.5-3.2-13.2
Operating margin5%2%5%2%-11%1%1%22%-4%34%-1%-5%
Interest expense11.511.612.512.813.615.715.915.815.514.610.010.4
Pre-tax income15.3-3.07.9-7.1-67.5-5.8-11.658.9-25.284.4-28.1-23.6
Tax rate-15%n/a-14%n/an/an/an/a74%n/a48%n/an/a
Net income17.7-2.39.01.8-68.2-3.5-8.915.4-27.543.6-21.8-23.7
Net margin4%-1%2%0%-15%-1%-2%4%-9%15%-8%-10%
Diluted EPS$0.56-$0.07$0.29$0.06-$2.21-$0.11-$0.29$0.49-$0.88$1.39-$0.69-$0.75
Operating cash flow2.6-27.357.113.535.9-25.06.3-15.210.3-52.0-15.4-2.1
Capital expenditure13.514.110.09.112.09.58.78.19.45.34.04.0
Free cash flow-10.9-41.347.14.323.9-34.5-2.4-23.30.9-57.2-19.5-6.1
Buybacks0.017.20.03.30.04.30.27.70.15.20.50.1
Dividends paid7.09.37.47.47.39.27.87.78.09.58.18.0
Shares outstanding30m31m31m31m31m31m31m31m31m31m31m31m
Filing10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS and diluted share count are from the company's results press release for that quarter, used where the release gives the same revenue and net income as the table. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 12 fiscal years and the trailing twelve months

FY2014 †FY2015 †FY2016 †FY2017 †FY2018 †FY2019 †FY2020 †FY2021FY2022FY2023FY2024FY2025TTM
Revenue1,1071,4261,4801,5161,6031,5371,4981,6711,7621,8811,7961,4981,108
Cost of revenue7148979249481,0189951,0011,1291,2401,3031,266990703
Gross profit392529556568584542498542522578530508406
Gross margin35.5%37.1%37.6%37.5%36.5%35.3%33.2%32.4%29.6%30.7%29.5%33.9%36.6%
Research and development7.813.016.420.725.015.013.413.215.515.616.016.7n/a
Operating income81.510511912113910.3-64.242.0-43.988.1-12.375.569.8
Operating margin7.4%7.4%8.0%8.0%8.6%0.7%-4.3%2.5%-2.5%4.7%-0.7%5.0%6.3%
Interest expense12.620.624.326.437.441.034.928.727.744.650.562.950.6
Pre-tax income66.189.795.296.398.0-38.1-1069.2-10440.9-69.716.27.5
Income tax22.826.429.122.4-9.10.8-18.76.4-4.41.8-10.040.736.9
Effective tax rate34.5%29.4%30.5%23.2%-9.3%n/an/a69.0%n/a4.3%n/a251.0%489.3%
Net income42.663.466.774.4107-38.0-87.22.9-99.839.3-59.7-24.5-29.4
Net margin3.9%4.4%4.5%4.9%6.7%-2.5%-5.8%0.2%-5.7%2.1%-3.3%-1.6%-2.6%
Diluted EPS$1.49$1.91$2.03$2.28$3.37-$1.21-$2.79$0.09-$3.18$1.26-$1.93-$0.79-$0.93
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Revenue by region

FY2023FY2024FY2025Share
latest year
North America1,2191,1831,07071.4%
Europe57352235723.8%
Asia63.766.050.03.3%
Australia19.919.517.51.2%
Central and South America5.35.53.10.2%
North AmericaEuropeAsiaAustraliaCentral and South America
1,881FY20231,796FY20241,498FY2025

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2014 †FY2015 †FY2016 †FY2017 †FY2018 †FY2019 †FY2020 †FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow92.414114014914813118016312779.579.3-23.6-59.2
Capital expenditure29.248.341.744.943.237.734.834.361.350.645.235.822.8
Free cash flow63.292.898.610410493.414612865.528.934.1-59.4-82.0
Free cash flow margin5.7%6.5%6.7%6.9%6.5%6.1%9.7%7.7%3.7%1.5%1.9%-4.0%-7.4%
Cash from investing-411n/an/a-142-162-60.8-2.7-13.0-80.9-58.7-47.0160274
Cash from financing338n/an/a-7.20.9-75.0-172-123-37.2-50.2-35.0-144-197
Depreciation and amortisation42.962.665.568.077.090.811913410496.594.871.751.0
Share-based compensation6.89.110.614.613.57.78.115.617.417.318.523.117.8
Buybacks9.914.658.014.021.226.14.411.941.72.920.612.25.9
Dividends paid13.417.819.421.824.625.626.427.727.728.231.432.833.6
Dividend per share$0.46$0.54n/an/an/an/an/a$0.86$0.88$0.92$0.96$1.00n/a
Diluted shares, weighted28m33m33m33m32m31m31m32m31m31m31m31m31m
Shares outstanding at period endn/an/an/an/an/an/an/an/an/an/an/an/a31m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2014 †FY2015 †FY2016 †FY2017 †FY2018 †FY2019 †FY2020 †FY2021FY2022FY2023FY2024FY2025TTM
Funded by
Shareholders' equity771731709790868718611637487526437481486
Non-controlling interest4.13.20.70.60.41.10.6-0.1-0.3-0.40.00.0n/a
Short-term borrowings6.45.2n/an/an/an/an/an/an/an/an/an/an/a
Debt714891845882929898825755792781754688559
Operating lease liabilitiesn/an/an/an/an/an/a49.357.351.450.240.136.145.8
Finance lease liabilitiesn/an/an/an/an/an/a6.25.54.86.616.315.3n/a
Other liabilities648513537573560573581578548524587474414
Total liabilities and equity2,1442,1442,0912,2452,3582,1912,0732,0321,8831,8871,8351,6941,506
Owned
Fixed assets209227219236253237237n/an/an/an/an/an/a
Goodwill819856851898949847765774675698697488439
Intangible assets38241539442444440133326220216012610689.5
Investments23.125.531.437.745.485.563.230.426.025.023.1289246
Trading assets19.018.419.821.622.823.024.66.90.00.70.80.90.0
Cash and equivalents63.072.255.757.541.635.341.349.269.042.140.832.437.6
Receivables283284295320331319295310221208206133106
Inventory153171162171180180175189225260238203203
Other assets19273.962.079.190.562.9137411464493503443384
Total assets2,1442,1442,0912,2452,3582,1912,0732,0321,8831,8871,8351,6941,506
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded0.5%-0.0%-5.3%-31.8%
Profit growth, compoundedn/an/an/an/a
Return on equity, average-2.0%-6.3%-3.8%-5.1%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was Matthews International's revenue in fiscal 2025?

Matthews International (MATW) reported revenue of $1.5 billion for fiscal 2025, the year ended 30 September 2025, down 16.6% on the year before.

How much did Matthews International earn in fiscal 2025?

Net loss was $24 million for fiscal 2025, and the diluted loss per share $0.79.

What is Matthews International's market cap?

The market cap of Matthews International was $581 million at the close of 9 October 2026.

Does Matthews International pay a dividend?

Yes. Matthews International declared $1.00 a share in dividends over the four quarters to 30 June 2026.

How much debt does Matthews International have?

At 30 June 2026 Matthews International carried $559 million of debt and $38 million of cash.

Peers: Steel Works Etc

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Mueller Industries Inc. MLI$13.4 billion15.8024.0%23.0%14.8%0.000.8%
Alcoa Corp. AA$11.1 billion8.7717.3%n/a6.5%0.300.2%
Commercial Metals Co. CMC$7.1 billion12.0313.1%7.6%15.2%0.711.1%
Belden Inc. BDC$4.3 billion17.7617.6%11.9%9.4%0.890.2%
Century Aluminum Co. CENX$3.6 billion6.3543.0%n/a9.7%0.34n/a
Worthington Enterprises, Inc. WOR$3.1 billion18.8515.6%5.6%18.4%0.291.2%
Kaiser Aluminum Corp. KALU$2.5 billionn/an/a8.2%32.8%1.102.0%
Worthington Steel, Inc. WS$1.8 billion212.180.8%-0.0%11.3%0.241.8%
Gibraltar Industries, Inc. ROCK$1.3 billionn/an/an/an/a1.37n/a
Quanex Building Products Corp. NX$838 million18.476.1%6.0%1.3%0.851.7%
Metallus Inc. MTUS$828 million105.161.2%n/a16.1%0.000.0%
Matthews International Corp. MATW$581 millionn/a-6.0%6.3%-31.8%1.155.4%
All 19 in Steel Works Etc
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Corning Inc. GLW$134.9 billion71.5215.1%15.3%19.4%0.620.7%
Howmet Aerospace Inc. HWM$90.1 billion48.5432.6%27.4%18.1%0.790.3%
Nucor Corp. NUE$56.8 billion19.9713.0%n/a17.2%0.290.9%
Steel Dynamics Inc. STLD$34.2 billion21.6217.1%10.0%19.8%0.450.8%
ATI Inc. ATI$26.1 billion56.2225.4%15.2%4.6%0.960.0%
Carpenter Technology Corp. CRS$19.1 billion36.6623.8%22.5%8.6%0.310.2%
POSCO Holdings Inc. PKX *$17.4 billion33.871.2%2.1%-6.1%0.513.7%
Mueller Industries Inc. MLI$13.4 billion15.8024.0%23.0%14.8%0.000.8%
Alcoa Corp. AA$11.1 billion8.7717.3%n/a6.5%0.300.2%
Commercial Metals Co. CMC$7.1 billion12.0313.1%7.6%15.2%0.711.1%
Belden Inc. BDC$4.3 billion17.7617.6%11.9%9.4%0.890.2%
Century Aluminum Co. CENX$3.6 billion6.3543.0%n/a9.7%0.34n/a
Worthington Enterprises, Inc. WOR$3.1 billion18.8515.6%5.6%18.4%0.291.2%
Kaiser Aluminum Corp. KALU$2.5 billionn/an/a8.2%32.8%1.102.0%
Worthington Steel, Inc. WS$1.8 billion212.180.8%-0.0%11.3%0.241.8%
Gibraltar Industries, Inc. ROCK$1.3 billionn/an/an/an/a1.37n/a
Quanex Building Products Corp. NX$838 million18.476.1%6.0%1.3%0.851.7%
Metallus Inc. MTUS$828 million105.161.2%n/a16.1%0.000.0%
Matthews International Corp. MATW$581 millionn/a-6.0%6.3%-31.8%1.155.4%
No other company here shares its SEC industry code (Nonferrous Foundries (Castings)); these are the names nearest in size in its wider industry, Steel Works Etc, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 20267 August 2026EDGAR
10-Q31 March 20261 May 2026EDGAR
10-Q31 December 20254 February 2026EDGAR
10-K30 September 202521 November 2025EDGAR
10-Q30 June 20256 August 2025EDGAR
10-Q31 March 202530 April 2025EDGAR
10-Q31 December 20247 February 2025EDGAR
10-K30 September 202422 November 2024EDGAR
10-Q30 June 20242 August 2024EDGAR
10-Q31 March 20243 May 2024EDGAR

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