Mativ Holdings Inc. (MATV)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -413,900 | -40,200 | 83,300 | 128,800 | 134,000 |
| Revenue | US$ in thousands | 1,959,100 | 2,091,700 | 1,421,900 | 1,043,000 | 985,300 |
| Operating profit margin | -21.13% | -1.92% | 5.86% | 12.35% | 13.60% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $-413,900K ÷ $1,959,100K
= -21.13%
Mativ Holdings Inc's operating profit margin has been on a declining trend over the past five years. The operating profit margin decreased from 13.46% in 2019 to 3.26% in 2022, and further fell to 0.48% in 2023. This significant drop indicates a decrease in the company's ability to generate profits from its core business operations in recent years. It suggests that the company may be facing challenges in controlling its operating expenses or maintaining sales levels relative to its operating costs. Further analysis of the company's cost structure and revenue generation may be warranted to understand the underlying reasons for this declining trend in operating profit margin.
Peer comparison
Dec 31, 2023