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%