Mativ Holdings Inc. (MATV)

Gross profit margin

Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Gross profit (ttm) US$ in thousands 410,100 543,200 552,600 523,700 507,300 364,500 353,600 342,100 330,300 333,600 328,600 314,800 308,300 299,700 291,700 296,400 290,000 282,900 276,000 274,400
Revenue (ttm) US$ in thousands 2,204,600 2,392,000 2,560,900 2,326,800 2,069,000 1,839,000 1,557,000 1,515,700 1,408,700 1,297,700 1,200,900 1,082,300 1,051,600 1,010,700 988,900 997,600 993,200 1,003,400 1,014,000 1,029,600
Gross profit margin 18.60% 22.71% 21.58% 22.51% 24.52% 19.82% 22.71% 22.57% 23.45% 25.71% 27.36% 29.09% 29.32% 29.65% 29.50% 29.71% 29.20% 28.19% 27.22% 26.65%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $410,100K ÷ $2,204,600K
= 18.60%

The gross profit margin of Mativ Holdings Inc has shown a downward trend over the last eight quarters, decreasing from 20.19% in Q4 2022 to 17.56% in Q4 2023. This indicates that the company's profitability from its core business operations has been declining. The highest gross profit margin was recorded in Q2 2022 at 22.00%, but it has since been on a gradual decline. It is essential for the company to investigate the reasons behind this trend and take necessary steps to improve efficiency and cost control to potentially increase their profit margins in the future.


Peer comparison

Dec 31, 2023

Company name
Symbol
Gross profit margin
Mativ Holdings Inc.
MATV
18.60%
International Paper
IP
18.95%
Sylvamo Corp
SLVM
10.53%