Mativ Holdings Inc. (MATV)

Return on assets (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
Net income (ttm) US$ in thousands -309,500 -464,700 -32,200 -15,900 -6,600 44,200 78,900 68,900 88,900 50,900 63,200 82,900 83,800 88,700 91,900 90,900 85,800 72,800 86,100 91,400
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
ROA -11.71% -14.90% -0.88% -0.43% -0.18% 1.19% 3.29% 2.82% 3.67% 2.10% 2.61% 5.22% 5.29% 5.58% 5.82% 5.49% 5.83% 5.02% 5.78% 6.15%

December 31, 2023 calculation

ROA = Net income (ttm) ÷ Total assets
= $-309,500K ÷ $2,642,400K
= -11.71%

Mativ Holdings Inc's return on assets (ROA) has shown inconsistent performance over the past eight quarters. The ROA fluctuated significantly, ranging from -14.93% to 3.24%. The company experienced negative ROA in multiple quarters, with the lowest being -14.93% in Q3 2023 and -11.74% in Q4 2023. These negative figures indicate that the company's net income generated from its assets was insufficient or even resulted in a loss during those periods.

Compared to the positive ROA values in the earlier quarters of 2022, the recent performance reflects a decline in the company's ability to generate profits from its assets. The decreasing trend in ROA from Q2 2022 to Q4 2023 may raise concerns about the company's overall efficiency and profitability. It is essential for Mativ Holdings Inc to address the underlying factors contributing to the decreasing ROA to improve its financial performance and ensure sustained profitability in the future.


Peer comparison

Dec 31, 2023

Company name
Symbol
ROA
Mativ Holdings Inc.
MATV
-11.71%
International Paper
IP
1.24%
Sylvamo Corp
SLVM
8.81%