Mativ Holdings, Inc., together with its subsidiaries, manufactures and sells specialty materials in the United States, Europe, the Asia Pacific, the Americas, and internationally. The company operates through two segments, Filtration & Advanced Materials and Sustainable & Adhesive Solutions. The Filtration & Advanced Materials manufactures and sells various engineered polymer, resin and fiber-based substrates, nets, films, adhesive tapes, and other nonwovens for transportation, water and air filtration, construction, healthcare, advertising and marketing, and consumer goods, as well as filtration media and components, advanced films, coating and converting solutions, and extruded mesh products. The Sustainable & Adhesive Solutions segment offers tapes, labels, and liners that includes substrates for tapes used in building and construction, infrastructure, DIY, athletic, and industrial applications; and substrates critical to protection and adhesive separation applications in the personal care, label, tape, industrial, graphic arts, composites, and medical categories, as well as performance labels and cable wrapping. This segment also provides paper and packaging products comprising premium printing and other specialty papers and packaging applications used for print collateral, advertising, direct mail, sustainable alternatives, product packaging, graphics, wallpaper, and education, as well as consumer office, stationery and craft papers to retailers, small business, personal use, and educational applications; and healthcare and other products, including wound care, consumer wellness, device fixation, medical packaging, as well as various other solutions and applications. The company was formerly known as Schweitzer-Mauduit International, Inc. and changed its name to Mativ Holdings, Inc. in July 2022. Mativ Holdings, Inc. was incorporated in 1995 and is headquartered in Alpharetta, Georgia.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $2.0B | $-251M | $-337M | $94M | -67.7% | 0.3% | 592.8% |
| 2024 | $2.0B | $140M | $-49M | $40M | -5.7% | -2.2% | -84.3% |
| 2023 | $2.0B | $-271M | $-310M | $41M | -32.6% | 23.8% | 4589.4% |
| 2022 | $1.6B | $71M | $-7M | $154M | -0.6% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,636.90 | 2,026 | 1,981.10 | 1,987 |
| Operating Revenue | - | 1,636.90 | 2,026 | 1,981.10 | 1,987 |
| Cost Of Revenue | - | 1,330.90 | 1,670.20 | 1,617 | 1,624.10 |
| Gross Profit | - | 306 | 355.80 | 364.10 | 362.90 |
| Operating Expense | - | 327.10 | 346.10 | 319.70 | 315.50 |
| Research And Development | - | 18.80 | 21.20 | 23 | 23.60 |
| Selling General And Administration | - | 254.90 | 263.90 | 233.80 | 228.70 |
| Total Expenses | - | 1,658 | 2,016.30 | 1,936.70 | 1,939.60 |
| Operating Income | - | -21.10 | 9.70 | 44.40 | 47.40 |
| Total Operating Income As Reported | - | -40.20 | -413.90 | 6.30 | -384.40 |
| EBITDA | - | 70.70 | -270.90 | 139.60 | -250.90 |
| Normalized EBITDA | - | 89.80 | 152.70 | 185 | 180.90 |
| EBIT | - | -39.20 | -418.70 | -4.20 | -391.90 |
| Interest Expense | - | 57.30 | 62.20 | 74.70 | 71.10 |
| Net Interest Income | - | -57.30 | -62.20 | -74.70 | -71.10 |
| Other Non Operating Income Expenses | - | 1 | -4.80 | -3.20 | -7.50 |
| Other Income Expense | - | -18.10 | -428.40 | -48.60 | -439.30 |
| Interest Expense Non Operating | - | 57.30 | 62.20 | 74.70 | 71.10 |
| Net Non Operating Interest Income Expense | - | -57.30 | -62.20 | -74.70 | -71.10 |
| Pretax Income | - | -96.50 | -480.90 | -78.90 | -463 |
| Tax Provision | - | -27.60 | 26.80 | -30.20 | -125.60 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -5.46 | -88.96 | -17.39 | -117.02 |
| Net Income Continuous Operations | - | -68.90 | -507.70 | -48.70 | -337.40 |
| Net Income From Continuing And Discontinued Operation | - | -6.60 | -309.50 | -48.70 | -337.40 |
| Net Income From Continuing Operation Net Minority Interest | - | -68.90 | -507.70 | -48.70 | -337.40 |
| Net Income | - | -6.60 | -309.50 | -48.70 | -337.40 |
| Net Income Common Stockholders | - | -7.50 | -310.20 | -48.90 | -338.10 |
| Net Income Including Noncontrolling Interests | - | -6.60 | -309.50 | -48.70 | -337.40 |
| Normalized Income | - | -55.26 | -173.06 | -20.69 | -22.62 |
| Diluted NI Availto Com Stockholders | - | -7.50 | -310.20 | -48.90 | -338.10 |
| Basic Average Shares | - | 42.44 | 54.51 | 54.31 | 54.61 |
| Diluted Average Shares | - | 42.44 | 54.51 | 54.31 | 54.61 |
| Reconciled Depreciation | - | 109.90 | 147.80 | 143.80 | 141 |
| Reconciled Cost Of Revenue | - | 1,274.40 | 1,583.40 | 1,536.10 | 1,546.30 |
| Total Unusual Items | - | -19.10 | -423.60 | -45.40 | -431.80 |
| Total Unusual Items Excluding Goodwill | - | -19.10 | -423.60 | -45.40 | -431.80 |
| Net Income Discontinuous Operations | - | 62.30 | 198.20 | 0 | 0 |
| Earnings From Equity Interest Net Of Tax | 6.40 | 5.20 | - | - | - |
| Special Income Charges | - | -19.10 | -423.60 | -45.40 | -431.80 |
| Other Special Charges | - | - | - | 7.30 | - |
| Impairment Of Capital Assets | - | 0 | 401 | 0 | 411.90 |
| Restructuring And Mergern Acquisition | - | 19.10 | 22.60 | 38.10 | 19.90 |
| Depreciation Amortization Depletion Income Statement | - | 53.40 | 61 | 62.90 | 63.20 |
| Depreciation And Amortization In Income Statement | - | 53.40 | 61 | 62.90 | 63.20 |
| General And Administrative Expense | 153.20 | 254.90 | 246 | 233.80 | - |
| Other Gand A | 153.20 | 254.90 | 246 | 233.80 | - |
| Selling And Marketing Expense | 32.50 | 74.20 | 78.90 | - | - |
| Otherunder Preferred Stock Dividend | - | 0.90 | 0.70 | 0.20 | 0.70 |
| Amortization | - | 53.40 | 61 | 62.90 | 63.20 |
| Amortization Of Intangibles Income Statement | - | 53.40 | 61 | 62.90 | 63.20 |
Basic Materials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Mativ Holdings, Inc.this co. | MATV | $423M | -1.25 | 0.85 | -67.7% | -5.67 |
| Contango Silver & Gold Inc. | CTGO | $576M | -15.95 | 22.94 | -143.8% | -19.42 |
| Intrepid Potash, Inc. | IPI | $499M | 44.65 | 1.02 | 2.3% | 8.06 |
| Lifezone Metals Limited | LZM | $464M | -34.07 | 6.29 | -18.5% | -200.38 |
| Gevo, Inc. | GEVO | $431M |
| - |
| - |
| - |
| - |
| - |
| -12.73 |
| 0.92 |
| -7.3% |
| 42.14 |
| Caledonia Mining Corporation Plc | CMCL | $411M | 7.45 | 1.59 | 21.3% | 3.24 |
| Valhi, Inc. | VHI | $410M | -7.12 | 0.40 | -5.6% | 10.03 |
| Orion S.A. | OEC | $405M | -5.78 | 1.05 | -18.2% | 9.14 |
| Vox Royalty Corp. | VOXR | $395M | 67.19 | 3.69 | 5.5% | 27.50 |
| Peer Median | - | -6.45 | 1.32 | -6.4% | 8.60 | |
Year-to-date return is calculated by dividing each day’s closing price by the price on January 1st of that year (or the asset’s first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen — at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in “Average from”, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
Historically, Aug has averaged the highest return (+23.0%); Sep the lowest (-9.9%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.8%Neutral MonthJan 2026: -0.82% | -10.0%Negative MonthFeb 2026: -10.04% | -19.7%Negative MonthMar 2026: -19.74% | +6.7%Positive MonthApr 2026: +6.67% | -4.3%Negative MonthMay 2026: -4.31% | -14.8%Negative MonthJun 2026: -14.75% | +15.3%Positive MonthJul 2026: +15.32% | +39.2%*Positive MonthAug 2026: +39.18% | — | — | — | — |
| 2025 | -12.4%Negative MonthJan 2025: -12.39% | -29.2%Negative MonthFeb 2025: -29.21% | -7.8%Negative MonthMar 2025: -7.84% | -18.0%Negative MonthApr 2025: -17.98% | +11.9%Positive MonthMay 2025: +11.94% | +19.2%Positive MonthJun 2025: +19.23% | -2.9%Negative MonthJul 2025: -2.93% | +89.9%Positive MonthAug 2025: +89.88% | -10.0%Negative MonthSep 2025: -10.02% | -5.6%Negative MonthOct 2025: -5.57% | +16.9%Positive MonthNov 2025: +16.95% | -2.7%Negative MonthDec 2025: -2.72% |
| 2024 | -21.4%Negative MonthJan 2024: -21.42% | +44.4%Positive MonthFeb 2024: +44.39% | +7.9%Positive MonthMar 2024: +7.94% | -2.6%Negative MonthApr 2024: -2.61% | -1.6%Neutral MonthMay 2024: -1.59% | -5.6%Negative MonthJun 2024: -5.62% | +12.6%Positive MonthJul 2024: +12.56% | -0.7%Neutral MonthAug 2024: -0.68% | -10.4%Negative MonthSep 2024: -10.39% | -9.1%Negative MonthOct 2024: -9.06% | -14.9%Negative MonthNov 2024: -14.89% | -17.1%Negative MonthDec 2024: -17.11% |
| 2023 | +31.9%Positive MonthJan 2023: +31.87% | -6.0%Negative MonthFeb 2023: -5.99% | -17.1%Negative MonthMar 2023: -17.14% | -9.8%Negative MonthApr 2023: -9.78% | -22.3%Negative MonthMay 2023: -22.25% | +0.4%Neutral MonthJun 2023: +0.40% | +4.1%Positive MonthJul 2023: +4.10% | +4.2%Positive MonthAug 2023: +4.19% | -13.0%Negative MonthSep 2023: -13.05% | -8.1%Negative MonthOct 2023: -8.13% | -10.7%Negative MonthNov 2023: -10.69% | +30.9%Positive MonthDec 2023: +30.85% |
| 2022 | +1.2%Neutral MonthJan 2022: +1.24% | +3.1%Positive MonthFeb 2022: +3.14% | -11.9%Negative MonthMar 2022: -11.92% | -8.5%Negative MonthApr 2022: -8.51% | +7.8%Positive MonthMay 2022: +7.79% | -7.4%Negative MonthJun 2022: -7.37% | -13.0%Negative MonthJul 2022: -13.02% | +8.1%Positive MonthAug 2022: +8.10% | -6.5%Negative MonthSep 2022: -6.52% | +7.5%Positive MonthOct 2022: +7.52% | -12.5%Negative MonthNov 2022: -12.51% | +0.6%Neutral MonthDec 2022: +0.63% |
| 2021 | — | — | — | — | -10.4%Negative MonthMay 2021: -10.42% | -1.3%Neutral MonthJun 2021: -1.30% | -2.6%Negative MonthJul 2021: -2.60% | -2.7%Negative MonthAug 2021: -2.70% | -9.4%Negative MonthSep 2021: -9.43% | +0.5%Neutral MonthOct 2021: +0.52% | -17.6%Negative MonthNov 2021: -17.62% | +4.2%Positive MonthDec 2021: +4.18% |
| Avg±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation — the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position — all Januaries together, all Februaries together, and so on — to show whether a given month has leaned positive or negative historically. ‘Simple’ counts each month as +1 or −1. ‘Weighted’ gives larger moves more influence: +2 above +10%, −2 below −10%. With only 6 years of history for this asset, each month’s score reflects a small number of observations — read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the asset’s full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.