MATWNasdaqNonferrous Foundries (Castings)Fiscal year ends September 30
MATTHEWS INTERNATIONAL CORP
Financials through Q3 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$18.90−0.46 (-2.38%)
Close on Oct 19, 2026
- Market cap
- $594.18M
- P/E (TTM)
- –
- Dividend yield
- 5.29%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
33.9%+0.7 pts over 5 years
Operating margin
5.0%+9.3 pts over 5 years
Net margin
-1.6%+4.2 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -16.6% | -5.3% | -0.0% | +0.5% | |
| Gross profit | -4.2% | -0.9% | +0.4% | -0.4% | |
| Operating income | – | – | – | -3.3% | |
| Dividend per share | +4.2% | +4.4% | – | +6.4% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 9.3% | -13.1% | -5.3% | |
| Return on assets | 3.2% | -4.1% | -1.4% | |
| Current ratio | 2.21 | 1.82 | 1.48 | |
| Debt to equity | 1.23 | 1.37 | 1.48 | |
| Net debt to EBITDA | 4.43× | 14.46× | 4.61× | |
| Interest coverage | 4.9× | -1.8× | 1.2× | |
| Inventory turnover | 5.5× | 5.6× | 4.5× | |
| Capex to revenue | 2.8% | 2.3% | 2.4% | |
| Diluted shares | 33M | 31M | 31M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Matthews International generated $472.03M from operations and spent $464.26M on capital expenditure, dividends and share buybacks. 49% of that went back into the business.
Generated
$472.03M
Used
$464.26M
Capital expenditure$227.27M49%Dividends$147.76M32%Share buybacks$89.23M19%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-1.6%
×Asset turnover0.85×
×Equity multiplier3.84×
=Return on equity, FY2025-5.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -1.6% | 0.85× | 3.84× | -5.3% |
| FY2024 | -3.3% | 0.96× | 3.87× | -12.4% |
| FY2023 | 2.1% | 1.00× | 3.72× | 7.8% |
| FY2022 | -5.7% | 0.90× | 3.48× | -17.8% |
| FY2021 | 0.2% | 0.81× | 3.29× | 0.5% |
| FY2020 | -5.8% | 0.70× | 3.21× | -13.1% |
| FY2019 | -2.5% | 0.68× | 2.87× | -4.8% |
| FY2018 | 6.7% | 0.70× | 2.78× | 13.0% |
| FY2017 | 4.9% | 0.70× | 2.89× | 9.9% |
| FY2016 | 4.5% | 0.70× | 2.94× | 9.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$24.47M
- Cash generatingOperating cash flow above zero-$23.55M
- Return on assets improvedROA up on the prior year-3.2% → -1.3%
- Earnings backed by cashOperating cash flow above net income-$23.55M vs -$24.47M
- Less leverageLong-term debt to assets fell41.9% → 41.5%
- Better liquidityCurrent ratio rose1.45 → 1.48
- No dilutionShare count did not rise31M → 31M
- Gross margin improvedGross margin up on the prior year29.50% → 33.89%
- More efficientAsset turnover rose0.95 → 0.82