Mativ Holdings, Inc. (MATV) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
100 NORTH POINT CENTER EAST ALPHARETTA, GA 30022-8246 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 2621 - Paper Mills (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 120 | 124 | 75 | 55 | 103 | 94 | |||
| Cash and cash equivalent | 120 | 124 | 75 | 55 | 103 | 94 | |||
| Receivables | 207 | 287 | 248 | 155 | 156 | 167 | |||
| Inventory, net of allowances, customer advances and progress billings | 353 | 535 | 260 | 180 | 161 | 152 | |||
| Inventory | 353 | 535 | 260 | 180 | 161 | 152 | |||
| Disposal group, including discontinued operation | 12 | ||||||||
| Other current assets | 32 | 29 | 12 | 7 | 7 | 5 | |||
| Total current assets: | 713 | 975 | 595 | 396 | 428 | 429 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 18 | 17 | 2 | 3 | 3 | ✕ | |||
| Operating lease, right-of-use asset | 46 | 36 | ✕ | ||||||
| Property, plant and equipment | 673 | 875 | 340 | ||||||
| Long-term investments and receivables | 59 | 65 | 52 | 52 | |||||
| Long-term investments | 59 | 65 | 52 | 52 | |||||
| Intangible assets, net (including goodwill) | 1,105 | 1,558 | 1,162 | 718 | 589 | 611 | |||
| Goodwill | 474 | 847 | 648 | 404 | 337 | 338 | |||
| Intangible assets, net (excluding goodwill) | 631 | 710 | 514 | 315 | 251 | 273 | |||
| Deferred income tax assets | 6 | 34 | 34 | 3 | 4 | ✕ | |||
| Other noncurrent assets | 82 | 115 | 101 | 69 | 69 | 34 | |||
| Other undisclosed noncurrent assets | 462 | 395 | 327 | 0 | |||||
| Total noncurrent assets: | 1,930 | 2,695 | 1,826 | 1,189 | 1,044 | 1,037 | |||
| TOTAL ASSETS: | 2,642 | 3,669 | 2,420 | 1,585 | 1,472 | 1,467 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 253 | 410 | 228 | 164 | 156 | 140 | |||
| Taxes payable | ✕ | ✕ | ✕ | 3 | 3 | 3 | 2 | ||
| Accounts payable | 139 | 226 | 116 | 61 | 66 | 66 | |||
| Accrued liabilities | 114 | 184 | 109 | 101 | 87 | 73 | |||
| Debt | 4 | 36 | 3 | 3 | 2 | 3 | |||
| Other undisclosed current liabilities | 24 | 21 | |||||||
| Total current liabilities: | 281 | 466 | 231 | 167 | 158 | 144 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,120 | 1,677 | 1,267 | 591 | 541 | 619 | |||
| Long-term debt, excluding current maturities | 1,102 | 1,659 | 1,267 | 591 | 541 | 619 | |||
| Finance lease, liability | 18 | 18 | ✕ | ||||||
| Liabilities, other than long-term debt | 292 | 347 | 240 | 178 | 176 | 114 | |||
| Accounts payable and accrued liabilities | 8 | 15 | 17 | 18 | 21 | 27 | |||
| Deferred compensation liability, classified | 14 | ||||||||
| Deferred income tax liabilities | 142 | 172 | 95 | 45 | 48 | ✕ | |||
| Liability for uncertainty in income taxes | 1 | ||||||||
| Liability, pension and other postretirement and postemployment benefits | 62 | 82 | 39 | 37 | 32 | 28 | |||
| Other liabilities | 44 | 49 | 89 | 79 | 74 | 43 | |||
| Operating lease, liability | 35 | 30 | ✕ | ||||||
| Other undisclosed noncurrent liabilities | 33 | ||||||||
| Total noncurrent liabilities: | 1,412 | 2,024 | 1,507 | 768 | 716 | 765 | |||
| Total liabilities: | 1,693 | 2,490 | 1,738 | 935 | 874 | 909 | |||
| Equity | |||||||||
| Equity, attributable to parent | 949 | 1,179 | 682 | 650 | 598 | 558 | |||
| Common stock | 5 | 6 | 3 | 3 | 3 | 3 | |||
| Additional paid in capital | 670 | 659 | 102 | 92 | 79 | 71 | |||
| Accumulated other comprehensive income (loss) | 39 | (95) | (119) | (112) | (123) | (125) | |||
| Retained earnings | 235 | 611 | 696 | 666 | 638 | 608 | |||
| Total equity: | 949 | 1,179 | 682 | 650 | 598 | 558 | |||
| TOTAL LIABILITIES AND EQUITY: | 2,642 | 3,669 | 2,420 | 1,585 | 1,472 | 1,467 | |||
Income Statement (P&L) ($ in millions)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2,026 | 2,167 | 1,440 | 1,074 | 1,023 | 1,041 | ||
| Cost of revenue (Cost of Product and Service Sold) | (1,670) | (1,730) | (1,110) | (766) | (733) | (763) | ||
| Gross profit: | 356 | 438 | 330 | 308 | 290 | 279 | ||
| Operating expenses | (346) | (386) | (247) | (180) | (4) | (142) | ||
| Other undisclosed operating loss | (424) | (152) | (2) | |||||
| Operating income (loss): | (414) | 51 | 83 | 129 | 134 | 135 | ||
| Nonoperating income (expense) | (5) | 10 | 36 | (1) | (1) | 10 | ||
| Gain (loss), foreign currency transaction, before tax | (5) | 8 | (7) | (1) | (1) | (2) | ||
| Other nonoperating expense | ||||||||
| Interest and debt expense | (62) | (86) | (46) | (31) | (36) | (28) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (481) | (24) | 73 | 97 | 97 | 117 | ||
| Income from equity method investments | 5 | 6 | 5 | 4 | ||||
| Income (loss) from continuing operations before income taxes: | (481) | (19) | 80 | 102 | 101 | 117 | ||
| Income tax expense (benefit) | (27) | 13 | 9 | (18) | (15) | (11) | ||
| Income (loss) from continuing operations: | (508) | (7) | 89 | 84 | 86 | 106 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 89 | 84 | 86 | 106 | |
| Net income (loss): | (508) | (7) | 89 | 84 | 86 | 106 | ||
| Other undisclosed net income (loss) attributable to parent | 198 | (12) | ||||||
| Net income (loss) attributable to parent: | (310) | (7) | 89 | 84 | 86 | 95 | ||
| Undistributed earnings (loss) allocated to participating securities, basic | (1) | (0) | (0) | (0) | ||||
| Other undisclosed net loss available to common stockholders, basic | (1) | (1) | (0) | (0) | ||||
| Net income (loss) available to common stockholders, diluted: | (310) | (7) | 88 | 83 | 85 | 94 | ||
Comprehensive Income ($ in millions)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (508) | (7) | 89 | 84 | 86 | 106 | ||
| Comprehensive income (loss): | (508) | (7) | 89 | 84 | 86 | 106 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 333 | 24 | (7) | 11 | 2 | (42) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (175) | 17 | 82 | 95 | 88 | 64 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.