Mativ Holdings Inc. (MATV)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | -78,900 | -80,200 | -493,200 | -482,200 | -462,000 | -450,600 | -48,900 | -36,200 | -24,400 | 12,200 | 58,900 | 46,700 | 73,100 | 57,200 | 74,000 | 97,500 | 97,300 | 100,900 | 102,300 | 102,700 |
| Revenue (ttm) | US$ in thousands | 1,981,100 | 1,974,800 | 1,974,500 | 2,119,000 | 2,297,800 | 2,505,600 | 2,681,500 | 2,439,600 | 2,167,400 | 1,897,700 | 1,607,200 | 1,558,600 | 1,440,000 | 1,329,000 | 1,224,700 | 1,101,100 | 1,074,400 | 1,033,500 | 1,010,600 | 1,026,300 |
| Pretax margin | -3.98% | -4.06% | -24.98% | -22.76% | -20.11% | -17.98% | -1.82% | -1.48% | -1.13% | 0.64% | 3.66% | 3.00% | 5.08% | 4.30% | 6.04% | 8.85% | 9.06% | 9.76% | 10.12% | 10.01% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-78,900K ÷ $1,981,100K
= -3.98%
Mativ Holdings Inc.'s pretax margin, which measures the company's efficiency in generating profits before taxes, has shown a declining trend over the past several quarters. From March 31, 2020, where it stood at 10.01%, the pretax margin gradually decreased to 3.00% by March 31, 2022, before dropping significantly to negative figures in the subsequent quarters. The pretax margin fell to a negative 24.98% by June 30, 2024, before improving slightly to -3.98% by December 31, 2024.
This decreasing trend in pretax margin raises concerns about Mativ Holdings Inc.'s profitability and operational efficiency. A negative pretax margin indicates that the company's operating expenses and costs are outweighing its revenues, leading to losses before accounting for taxes. It's crucial for the company to closely monitor and address the factors contributing to this declining margin to ensure sustainable profitability and long-term financial health.
Peer comparison
Dec 31, 2024