Mativ Holdings Inc. (MATV)

Gross profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Gross profit	US$ in thousands	355,800	306,000	330,300	308,300	290,000
Revenue	US$ in thousands	1,959,100	2,091,700	1,421,900	1,043,000	985,300
Gross profit margin		18.16%	14.63%	23.23%	29.56%	29.43%

December 31, 2023 calculation

Gross profit margin = Gross profit ÷ Revenue
= $355,800K ÷ $1,959,100K
= 18.16%

The trend analysis of Mativ Holdings Inc's gross profit margin indicates a downward trend over the past five years. The gross profit margin has decreased from 28.35% in 2019 to 17.56% in 2023. This decline suggests a potential decrease in the company's ability to generate profit from its core business operations after accounting for the cost of goods sold. Further investigation into the company's cost structure, pricing strategy, and operational efficiency may be warranted to address this unfavorable trend and enhance profitability in the future.

Peer comparison

Dec 31, 2023

Company name

Symbol

Gross profit margin

Mativ Holdings Inc.

MATV

18.16%