Mativ Holdings Inc. (MATV)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -379,200 | -283,300 | 105,000 | 99,200 | 100,500 | 17,700 | 72,300 | 60,400 | 83,300 | 95,700 | 109,700 | 128,200 | 128,800 | 130,300 | 127,900 | 137,700 | 134,000 | 136,000 | 132,500 | 130,400 |
| Total assets | US$ in thousands | 2,642,400 | 3,117,800 | 3,648,900 | 3,674,800 | 3,669,200 | 3,712,700 | 2,395,300 | 2,441,900 | 2,420,300 | 2,419,800 | 2,423,300 | 1,587,500 | 1,584,900 | 1,590,600 | 1,578,100 | 1,655,200 | 1,471,700 | 1,450,200 | 1,489,400 | 1,485,700 |
| Operating ROA | -14.35% | -9.09% | 2.88% | 2.70% | 2.74% | 0.48% | 3.02% | 2.47% | 3.44% | 3.95% | 4.53% | 8.08% | 8.13% | 8.19% | 8.10% | 8.32% | 9.11% | 9.38% | 8.90% | 8.78% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-379,200K ÷ $2,642,400K
= -14.35%
Mativ Holdings Inc's operating return on assets (operating ROA) has shown some fluctuations based on the data provided. In Q4 2023, the operating ROA was recorded at 0.37%, which is significantly lower compared to the previous quarter's figure of 2.26% in Q3 2023. This substantial decrease could be a cause for concern as it indicates a decline in the company's ability to generate operating income from its assets.
Looking at a broader trend, the operating ROA for Mativ Holdings Inc has ranged from 1.55% to 3.92% over the past eight quarters. The highest operating ROA was observed in Q2 2022 at 3.92%, while the lowest was in Q4 2023 at 0.37%. This fluctuation in operating ROA suggests potential volatility in the company's operational efficiency and profitability over the period analyzed.
It is essential for investors and stakeholders to further investigate the reasons behind these fluctuations in Mativ Holdings Inc's operating ROA. Factors such as changes in operating expenses, asset utilization, or revenue generation could be influencing these variations. Moreover, a sustained downward trend in operating ROA could indicate underlying issues that the company needs to address to improve its profitability and operational performance.
Peer comparison
Dec 31, 2023