Mativ Holdings Inc. (MATV)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -309,500 | -6,600 | 88,900 | 83,800 | 85,800 |
| Revenue | US$ in thousands | 1,959,100 | 2,091,700 | 1,421,900 | 1,043,000 | 985,300 |
| Net profit margin | -15.80% | -0.32% | 6.25% | 8.03% | 8.71% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $-309,500K ÷ $1,959,100K
= -15.80%
The net profit margin for Mativ Holdings Inc has shown a declining trend over the past five years, based on the data provided. The company experienced a negative net profit margin of -15.31% in 2023, a significant decrease from the previous year's -0.35%. This indicates that the company's expenses exceeded its revenues by a considerable margin in 2023.
Comparing the recent performance to earlier years, Mativ Holdings Inc had a net profit margin of 6.10% in 2021, which dropped to 7.70% in 2020 and further decreased to 8.33% in 2019. This downward trend suggests that the company's profitability has been gradually eroding over the past few years.
The negative net profit margin in 2023 raises concerns about Mativ Holdings Inc's ability to generate profits from its operations. It signifies that the company may need to review and potentially optimize its cost structure or revenue generation strategies to improve its financial performance and return to a positive net profit margin in the future.
Peer comparison
Dec 31, 2023