Stocks · Industrials · Conglomerates
Matthews International Corporation MATW
$19.29 +3.82% Close, Oct 2, 2026 · NASDAQ · Market cap $601.9M
Weak trend
Next earnings report: Nov 19, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Revenue over the last four quarters was $1.11B, down 31.8% from a year earlier, slowing from -28.9% a quarter earlier.
- Net debt is 5.4× EBITDA, a high level of leverage.
- The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 2%
- Revenue growth, 3-year CAGRBottom 14%
- Revenue growth accelerationBottom 14%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 21%
- Gross marginTop 31%
- Operating marginBottom 17%
- Accruals (lower is better)Bottom 8%
- Net debt / EBITDA (lower is better)Bottom 14%
- Interest coverBottom 22%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 24%
- Free-cash-flow yieldBottom 12%
- EBITDA / enterprise valueTop 22%
- Sales / enterprise valueTop 23%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 28%
- 6-month returnBottom 13%
- 1-year return vs S&P 500Bottom 26%
- Distance from 52-week highBottom 31%
- Trend checklist (0–4)Bottom 15%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 13%
- Consecutive EPS beatsBottom 16%
- Share of analysts rating BuyTop 16%
- Upside to consensus price targetBottom 40%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 47%
- Maximum drawdown, 3 yearsBottom 43%
- Beta vs S&P 500 (lower is better)Top 39%
- Net debt / EBITDA (lower is better)Bottom 14%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -28.9% | -31.8% | ↓ |
| Gross margin | 31.3% | 36.6% | ↑ |
| Operating margin | -1.1% | -3.4% | ↓ |
| FCF margin | -2.2% | -7.4% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -31.8% | -28.9% | ↓ | Bottom 2% |
| Gross margin | 36.6% | 31.3% | ↑ | Top 31% |
| Operating margin | -3.4% | -1.1% | ↓ | Bottom 17% |
| Net margin | -2.6% | -4.0% | ↑ | — |
| Free-cash-flow margin | -7.4% | -2.2% | ↓ | — |
| Return on invested capital | 11.7% | — | Top 21% | |
| Revenue growth, 3-year CAGR | -5.3% | — | Bottom 14% |
Quality of earnings and balance sheet
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- 2.0%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.7%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -23.5 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 5.41×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- -0.8×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 5.58%
- Net buyback yield (TTM)
- 0.98%
- Shareholder yield
- 6.56%
- Share count change, 1 year
- +0.8%
- Share count change, 3-year CAGR
- +0.2%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 7, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 3 of 8
- Average EPS surprise, last 4
- -74.4%
- Average 2-day reaction, last 8
- +2.1%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $24.00
- Target vs current price
- +24.4%
- Analysts with a rating
- 10
- Share rating Buy or Strong Buy
- 80%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 6, 2026 | -85.4% | +0.7% | -15.4% | -24.2% | — |
| Apr 30, 2026 | +117.6% | +2.7% | +1.0% | -2.6% | +1.3% |
| Feb 3, 2026 | -480.0% | -0.8% | -0.2% | -1.5% | +4.2% |
| Nov 20, 2025 | +150.0% | -0.8% | +0.3% | +10.3% | +6.9% |
| Aug 5, 2025 | -15.2% | +3.9% | +1.0% | +4.3% | +0.6% |
| Apr 30, 2025 | -5.6% | -4.8% | -12.5% | +1.9% | +14.9% |
| Feb 6, 2025 | -46.2% | +10.2% | -8.0% | -10.2% | -25.9% |
| Nov 21, 2024 | +44.7% | +5.8% | +26.0% | +15.0% | +2.2% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 6, 2026 | $0.06 | $0.41 | -85.4% | $246.0M |
| Apr 30, 2026 | $0.37 | $0.17 | +117.6% | $258.6M |
| Feb 3, 2026 | -$0.19 | $0.05 | -480.0% | $284.8M |
| Nov 20, 2025 | $0.50 | $0.20 | +150.0% | $318.8M |
| Aug 5, 2025 | $0.28 | $0.33 | -15.2% | $349.4M |
| Apr 30, 2025 | $0.34 | $0.36 | -5.6% | $427.6M |
| Feb 6, 2025 | $0.14 | $0.26 | -46.2% | $401.8M |
| Nov 21, 2024 | $0.55 | $0.38 | +44.7% | $1.80B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (forward) | 37.6× | — | — | — |
| EV / EBITDA | 10.9× | — | — | Top 22% |
| EV / Sales | 1.08× | — | — | Top 23% |
| Free-cash-flow yield | -13.62% | — | — | Bottom 12% |
| Earnings yield | -4.82% | — | — | Bottom 24% |
P/E over the past five years
Range 27.1× – 428.4× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -11.3%
- 200-day average slope (20 days)
- -2.1%
- Distance from 50-day average
- -13.5%
- Distance from 200-day average
- -24.4%
- RSI (14)
- 38.6
- Relative volume
- 1.01×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 42.3%
- Volatility vs own 5-year history
- 83th percentile · High for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.96
- Correlation with S&P 500
- 0.37
- Current drawdown from 1-year high
- -33.1%
- Maximum drawdown, 3 years
- -54.4%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jul 20, 2023 | Oct 1, 2026 | -61.7% | 803 days | Not yet recovered |
| Apr 27, 2021 | Oct 7, 2022 | -48.7% | 366 days | 184 days (Jul 5, 2023) |
| Oct 9, 2020 | Oct 28, 2020 | -12.8% | 13 days | 9 days (Nov 10, 2020) |
| Nov 24, 2020 | Nov 30, 2020 | -10.9% | 3 days | 25 days (Jan 6, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $601.9M
- EPS, diluted (TTM)
- -$0.93
- Revenue (TTM)
- $1.11B
- Dividend yield
- 5.29%
- 52-week range
- $18.54 – $30.93
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $1.67B | $1.76B | $1.88B | $1.80B | $1.50B |
| Gross profit | $541.8M | $522.3M | $577.7M | $529.7M | $507.6M |
| Operating income | $42.0M | $38.5M | $88.1M | $4.4M | $20.3M |
| Net income | $2.9M | -$99.8M | $39.3M | -$59.7M | -$24.5M |
| EPS (diluted) | $0.09 | -$3.18 | $1.26 | -$1.93 | -$0.79 |
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $446.7M | $401.8M | $427.6M | $349.4M | $318.8M | $284.8M | $258.6M | $246.0M |
| Net income | -$68.2M | -$3.5M | -$8.9M | $15.4M | -$27.5M | $43.6M | -$21.8M | -$23.7M |
| EPS (diluted) | -$2.19 | -$0.11 | -$0.29 | $0.49 | -$0.88 | $1.39 | -$0.69 | -$0.75 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $162.8M | $126.9M | $79.5M | $79.3M | -$23.6M |
| Capital expenditure | -$34.3M | -$61.3M | -$50.6M | -$45.2M | -$35.8M |
| Free cash flow | $128.5M | $65.5M | $28.9M | $34.1M | -$59.4M |
| Dividends paid | -$27.7M | -$27.7M | -$28.2M | -$31.4M | -$32.8M |
| Net share buybacks | -$11.9M | -$41.7M | -$2.9M | -$20.6M | -$12.2M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $37.6M
- Total assets
- $1.51B
- Total liabilities
- $1.02B
- Total debt
- $628.2M
- Net debt
- $590.6M
- Shareholders’ equity
- $486.0M
As of Jun 30, 2026 (filed Aug 7, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 10, 2026 | $0.26 | Aug 24, 2026 |
| May 11, 2026 | $0.26 | May 25, 2026 |
| Feb 9, 2026 | $0.26 | Feb 23, 2026 |
| Dec 1, 2025 | $0.26 | Dec 15, 2025 |
| Aug 11, 2025 | $0.25 | Aug 25, 2025 |
| May 12, 2025 | $0.25 | May 26, 2025 |
| Feb 10, 2025 | $0.25 | Feb 24, 2025 |
| Dec 2, 2024 | $0.25 | Dec 16, 2024 |
Short interest
- Shares sold short
- 5,824,682
- Days to cover
- 7.09
- Change vs previous report
- +42.0%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Sep 4, 2001
- 2-for-1
- Jun 3, 1998
- 2-for-1