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Nasdaq · Materials

Matthews International Corp. (MATW)

As-reported financials and SEC filings for Matthews International Corp. The latest annual period is FY2025. The latest reported quarter is Q3 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Matthews International Corp.

Matthews International Corp manufactures and sells cremation and incineration equipment, mausoleums, purpose-built machinery, warehouse automation and fulfillment systems, and product identification products. The company serves customers globally, with operations in more than 18 countries and approximately 30% of sales generated outside the United States. It manages a diverse range of products with varying backlog periods and complies with multiple environmental and regulatory requirements.

Snapshot

Revenue
$1.50B
Revenue growth (YoY)
-16.6%
Net income
$-24.5M
Diluted EPS
$-0.79
Gross margin
33.9%
Operating margin
5.0%
Net margin
-1.6%
FCF margin
-4.0%
ROE
-5.1%
net income / fiscal-year-end equity
P/E
n/m
not meaningful: a reported loss in the fiscal year or the trailing twelve months
Market cap
$604.3M
Long-term debt / equity
1.46×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended September 30, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Matthews International

  • Revenue fell 16.6% to $1.5B in FY2025, after a 4.5% decline the year before.
  • Operating margin is 5.0% in FY2025, +2.5 pp against 2.5% in FY2021.
  • Most recent quarter Q3 FY2026: revenue $246M, down 29.6% from Q3 FY2025.
  • Free cash flow was negative $59M in FY2025.
  • Net loss narrowed to $24M in FY2025, from $60M in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Matthews International’s fundamentals sit among the 225 Materials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin33.9%
72nd percentile of 177
Operating margin5.0%
50th percentile of 174
Net margin-1.6%
37th percentile of 206
FCF margin-4.0%
18th percentile of 191
Revenue growth (YoY)-16.6%
10th percentile of 220
ROE-5.1%
36th percentile of 200
Long-term debt / equity1.46×
83rd percentile of 156
Short interest3.33d
37th percentile of 221

Matthews International’s revenue growth of -16.6% ranks in the 10th percentile of the 220 Materials companies reporting it.

7 reported insider purchases (code P) totaling $318,112 in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 2 quant / multi-strat books among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+2 quant / multi-strat
Initiated / added
2
0 new, 2 added
Reduced / exited
2
0 trimmed, 2 exited
Combined position
$1.1M
reported long value
InvestorAs ofPosition valueSharesChange
Two Sigma InvestmentsquantQ2 2026$844,72331.4KAdded
AQR Capital ManagementquantQ2 2026$296,00711.0KAdded

No longer held by: Citadel Advisors (as of Q2 2026), Gotham Asset Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4. Multiple insiders have bought recently (a cluster buy).

Buys (90d)
7
3 insiders
Bought (90d)
$318K
code P value
Sells (90d)
0
—
Reported activity
Cluster buy
≥2 insiders buying
Trade dateInsiderTypeSharesPriceValue
2026-09-11
filed 2026-09-15
J. Michael NaumanDirectorBuy1.0K$19.99$20K
2026-08-24
filed 2026-08-25
J. Michael NaumanDirectorBuy1.0K$21.08$21K
2026-08-20
filed 2026-08-24
J. Michael NaumanDirectorBuy1.9K$21.96$42K
2026-08-19
filed 2026-08-20
J. Michael NaumanDirectorBuy100$21.98$2K
2026-08-14
filed 2026-08-17
Aleta W. RichardsDirectorBuy3.0K$23.06$69K
2026-08-10
David A. SchawkDirectorBuy5.0K$23.60$118K
2026-08-10
filed 2026-08-12
J. Michael NaumanDirectorBuy2.0K$22.97$46K

Reported non-derivative purchases and sales (codes P/S), which may be open-market or private. Excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
4.7M
settled 2026-09-30
Change vs prior
-19.3%
vs previous settlement
Days to cover
3.33
at avg daily volume
Avg daily volume
1.4M
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-304.7M-19.3%3.33
2026-09-155.8M+42.0%7.09
2026-08-314.1M+17.0%5.58
2026-08-143.5M+32.1%4.05
2026-07-312.7M-14.0%11.28
2026-07-153.1M+5.3%11.28
2026-06-302.9M-4.7%5.99
2026-06-153.1M+8.6%9.52

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$1.50B$1.80B$1.88B$1.76B$1.67B
Gross profit
Operating income$75.5M$-12.3M$88.1M$-43.9M$42.0M
Net income$-24.5M$-59.7M$39.3M$-99.8M$2.9M
Diluted EPS$-0.79$-1.93$1.26$-3.18$0.09

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$-23.6M$79.3M$79.5M$126.9M$162.8M
Capital expenditure$35.8M$45.2M$50.6M$61.3M$34.3M
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q3 FY2026$246.0M-29.6%$-23.7M$-0.75
Q2 FY2026$258.6M-39.5%$-21.8M$-0.69
Q1 FY2026$284.8M-29.1%$43.6M$1.39
Q4 FY2025-28.6%
Q3 FY2025$349.4M-18.3%$15.4M$0.49
Q2 FY2025$427.6M-9.3%$-8.9M$-0.29
Q1 FY2025$401.8M-10.7%$-3.5M$-0.11
Q4 FY2024-7.0%

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNasdaq
SectorMaterials
SIC industryNonferrous Foundries (Castings)
Latest annual periodFY2025 (ended September 30, 2025)
Latest reported quarterQ3 FY2026 (ended June 30, 2026)
Oldest indexed filing2014
SEC CIK63296

Selected SEC filings

10-Q2026-08-07
View on EDGAR →
10-Q2026-05-01
View on EDGAR →
10-Q2026-02-04
View on EDGAR →
8-K2026-10-01
View on EDGAR →
8-K2026-09-04
View on EDGAR →
8-K2026-08-11
View on EDGAR →
8-K2026-08-07
View on EDGAR →

Largest Materials peers

All Materials companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.