MATV
Mativ Holdings, Inc.12.82
+0.09+0.71%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Q&A details SAS fixes, FAM strength, Miru
Q&A unpacked SAS headwinds in European release liners and automotive tapes, yet Shruti touted share gains via free trade pacts by H2 2026. FAM momentum endures through filtration, netting, and films gains despite auto softness. A new Miru partnership emerged for energy-efficient auto/building materials, with sales end-2026 ramping into 2027. FCF dips modestly to fund $10M working capital and extra CapEx, but leverage nears mid-3s. Analysts pressed on demand and pipelines; replies were precise, optimistic. Momentum holds firm. Watch share execution amid muted volumes.
Key Stats
Market Cap
701.01MP/E (TTM)
-Basic EPS (TTM)
-8.01Dividend Yield
0.03%Recent Filings
8-K
10-K
FY2025 results
Mativ's FY2025 net sales edged up 0.3% to $1,987.0 million, with FAM flat at $767.5 million on favorable currency but lower prices, while SAS grew 0.4% to $1,219.5 million via volume/mix and pricing despite exited facilities. Gross profit dipped 0.3% to 18.3% amid higher manufacturing costs, yet SAS operating profit surged 88.5% to $85.6 million on cost controls; FAM swung to a $359.8 million loss from a $411.9 million goodwill impairment. Operating cash flow strengthened to $133.8 million, funding $40.0 million capex and $0.40/share dividend while trimming debt 6.5% to $1,018.2 million (net leverage 4.2x). No annual guidance disclosed. FAM's IP edges may erode over time.
8-K
Q4 adj. EBITDA up 19%
Mativ Holdings reported Q4 sales of $463.1 million, up 1.0% year over year, with adjusted EBITDA surging 19% to $53.5 million and margin expanding 180 basis points to 11.6%. Full-year adjusted EBITDA rose 3% to $224.7 million despite a $411.9 million goodwill impairment driving GAAP loss; record free cash flow hit $93.8 million, up 139%. Cash generation strengthens balance sheet amid weak demand.
8-K
CEO offer letter amended
Mativ Holdings amended CEO Shruti Singhal's offer letter effective January 1, 2026, boosting base salary to $950,000 while tying short- and long-term incentives to Board-determined percentages of base pay. Severance aligns with the Executive Severance Plan, designating Singhal as Tier 1 post-Change of Control. Employment is at-will. Details lock in executive retention.
8-K
CFO separation finalized
Mativ Holdings finalized a separation agreement on January 8, 2026, with ex-CFO Gregory Weitzel, whose employment ended December 31, 2025. Key terms include $1.275M severance, prorated 2025 bonus, vesting of 83,800 RSUs, $25K outplacement, and 18 months COBRA premiums worth $48,793. No replacement named yet. Restrictive covenants bind him for 18 months.
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