Mativ Holdings, Inc. (MATV) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 1M | 19.3M | 72.8M | 57.6M | -15.9M | 24.1M | 37.6M | 46.1M | -13M | 54.2M | 32.9M | 40.2M | -20.7M | 185M | -800K | 13M | 5M | 30.6M | 7.7M | 7.1M |
| Operating CF Margin % | 0.21% | 4.17% | 14.17% | 10.96% | -3.28% | 5.26% | 7.54% | 8.8% | -2.6% | 11.98% | 6.6% | 7.64% | -3.77% | 28.03% | -0.15% | 3.05% | 1.23% | 7.84% | 2.01% | 1.88% |
| Operating CF Growth % | 106.29% | -19.92% | 93.62% | 24.95% | -22.31% | -55.54% | 14.29% | 14.68% | 37.2% | -70.7% | 4212.5% | 209.23% | -514% | 504.58% | -110.39% | 83.1% | -60.63% | -43.44% | -86.77% | -83.94% |
| Net Income | -11.7M | 100.8M | -3.2M | -9.5M | -425.5M | 1.5M | -20.8M | -1.4M | -28M | -13.6M | -464.3M | -14.3M | -7.7M | 2.5M | -22.5M | 11.8M | 1.6M | 53.3M | 12.2M | 1.8M |
| Depreciation & Amortization | 35.4M | 34.7M | 34.8M | 36.2M | 35.3M | 35.4M | 35.7M | 36.4M | 36.3M | 35.4M | 37.2M | 38M | 42M | 36.9M | 41.4M | 25.8M | 25.1M | 22.4M | 25.4M | 28M |
| Stock-Based Compensation | 0 | 2.5M | 2.4M | 2.6M | 3.6M | 2.7M | 2.7M | 3.3M | 2.7M | 1.2M | 2.5M | 3.1M | 3.7M | 3.9M | 9.5M | 3.6M | 3.4M | 2.2M | 1.7M | 2.5M |
| Deferred Taxes | -200K | -110.7M | -5.3M | 13.1M | 0 | -12.1M | -1.4M | -11.4M | -9.4M | -1.1M | 28.5M | 800K | -7.1M | -23M | -1.4M | -900K | -6.4M | -29.4M | -4.4M | 3.8M |
| Other Non-Cash Items | 5.7M | 6.1M | 10.5M | 4.2M | 392.8M | -2.7M | 17M | 10.1M | -1.9M | 38.7M | 406.4M | 2.5M | 400K | 19.4M | -9.9M | -9.7M | 26.7M | -27.6M | -7.1M | -8.5M |
| Working Capital Changes | -28.2M | -14.1M | 33.6M | 11M | -22.1M | -700K | 4.4M | 9.1M | -12.7M | -6.4M | 22.6M | 10.1M | -52M | 145.3M | -17.9M | -17.6M | -45.4M | 9.7M | -20.1M | -20.5M |
| Change in Receivables | 0 | 19.5M | 6.6M | 2.4M | -43.3M | 39.6M | 8.2M | 7.8M | -49.3M | 7.8M | 2.2M | 31.5M | -37.7M | 193.3M | 11.7M | -5.2M | -42.8M | 2.3M | -16.2M | 13.5M |
| Change in Inventory | 0 | -3.2M | 5.2M | 6.5M | 10.8M | -11.1M | -15.1M | -8.8M | 9M | 10.1M | 27.7M | 20M | -8.1M | -26.1M | -25.8M | -13.5M | -16.8M | -1.8M | -18.5M | -12.9M |
| Change in Payables | 0 | -28.8M | 21.3M | 3M | 12.8M | -26.7M | 7.5M | 12.8M | 27M | -21.1M | -5.3M | -37.1M | 3.3M | -23.2M | 1.8M | 9.7M | 16.1M | 4.4M | 10.3M | -22.5M |
| Cash from Investing | -8.4M | -14M | -5.4M | -7M | -10.6M | -15.3M | -9.4M | -10.9M | -21.1M | 605.4M | -18.7M | -20.1M | -19.4M | -19.7M | -479.6M | 27.6M | -9.6M | 21.8M | -9.3M | -641.7M |
| Capital Expenditures | -8.4M | -11.3M | -6.1M | -8.7M | -13.9M | -22.2M | -12.5M | -8.7M | -12.1M | -16.5M | -14.7M | -20.9M | -19.2M | -21M | -19.2M | -9.8M | -9.6M | -13.2M | -8.1M | -10M |
| CapEx % of Revenue | 1.75% | 2.44% | 1.19% | 1.66% | 2.87% | 4.84% | 2.51% | 1.66% | 2.42% | 3.65% | 2.95% | 3.97% | 3.5% | 3.18% | 3.48% | 2.3% | 2.36% | 3.38% | 2.11% | 2.65% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2M | 0 | 0 | 0 | 0 | 7.5M | -462.5M | 0 | 0 | 0 | -100K | -630.5M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | -2.7M | 700K | 1.7M | 3.3M | 6.9M | 3.1M | -2.2M | -11M | 621.9M | -4M | 800K | -200K | -6.2M | 2.1M | 1.6M | 0 | 35M | -1.1M | -1.2M |
| Cash from Financing | 5.9M | -18.9M | -70.3M | -42M | 24.5M | -68.1M | -4.2M | -29.4M | 45.8M | -648.8M | -16.1M | -9.7M | 11.7M | -128.7M | 511.8M | -37.9M | -13.6M | -51.1M | 10.3M | 636.2M |
| Debt Issued (Net) | 13.8M | -13.4M | -64.8M | -35.9M | 31.1M | -54.4M | 1.2M | -23.9M | 51.9M | -639.7M | -4.8M | 14.6M | 35.3M | -106.9M | 548.5M | -23.6M | 5.4M | -37M | 24.3M | 661.5M |
| Equity Issued (Net) | -2M | 0 | -100K | -200K | -1.1M | 0 | 0 | -100K | -700K | -3.6M | -4.2M | -1.5M | -1.3M | -500K | -3.4M | -100K | -2.9M | -300K | 0 | 0 |
| Dividends Paid | -5.9M | -5.5M | -5.4M | -5.9M | -5.5M | -5.4M | -5.4M | -5.4M | -5.4M | -5.5M | -5.5M | -22.3M | -22M | -22.1M | -22M | -14.2M | -13.9M | -13.8M | -13.9M | -13.8M |
| Share Repurchases | -2M | 0 | -100K | -200K | -1.1M | 0 | 0 | -100K | -700K | -3.6M | -4.2M | -1.5M | -1.3M | -500K | -3.4M | -100K | -2.9M | -300K | 0 | 0 |
| Other Financing | 0 | 0 | 0 | 0 | 0 | -8.3M | 0 | 0 | 0 | 0 | -1.6M | -500K | -300K | 800K | -11.3M | 0 | -2.2M | 0 | -100K | -11.5M |
| Net Change in Cash | -2.5M | -13.1M | -3.1M | 12.2M | -500K | -67.9M | 28.8M | 4.5M | 8.7M | 16.6M | -4M | 10.6M | -27.4M | 42.1M | 26M | 200K | -18.6M | 1.1M | 7.7M | 2.2M |
| Free Cash Flow | -7.4M | 8M | 66.7M | 48.9M | -29.8M | 1.9M | 25.1M | 37.4M | -25.1M | 37.7M | 18.2M | 19.3M | -39.9M | 164M | -20M | 3.2M | -4.6M | 17.4M | -400K | -2.9M |
| FCF Margin % | -1.54% | 1.73% | 12.98% | 9.31% | -6.15% | 0.41% | 5.04% | 7.14% | -5.02% | 8.34% | 3.65% | 3.67% | -7.27% | 24.84% | -3.63% | 0.75% | -1.13% | 4.46% | -0.1% | -0.77% |
| FCF Growth % | 75.17% | 321.05% | 165.74% | 30.75% | -18.73% | -94.96% | 37.91% | 93.78% | 37.09% | -77.01% | 191% | 503.13% | -767.39% | 842.53% | -4900% | 210.34% | -190.2% | -60.72% | -100.78% | -108.12% |
| FCF per Share | -0.13 | 0.14 | 1.22 | 0.90 | -0.55 | 0.03 | 0.46 | 0.69 | -0.46 | 0.69 | 0.33 | 0.35 | -0.73 | 3.00 | -0.38 | 0.10 | -0.15 | 0.55 | -0.01 | -0.09 |
| FCF Conversion (FCF/Net Income) | -0.09x | 0.19x | -22.75x | -6.06x | 0.04x | 16.07x | -1.81x | -32.93x | 0.46x | 0.34x | -0.07x | -8.93x | 2.69x | 74.00x | 0.04x | 1.10x | 3.13x | 0.57x | 0.63x | 3.94x |
| Interest Paid | 0 | 27.6M | 12.8M | 29.2M | 13.2M | -63.3M | 17.7M | 28.5M | 17.1M | 26.5M | 29.1M | 40.2M | 25.6M | 36.6M | 19.2M | 21.2M | 7.6M | 0 | 7.8M | 18.3M |
| Taxes Paid | 0 | 2.1M | 6.6M | 1.2M | 1.6M | -8.2M | -500K | 7M | 1.7M | 10M | 8.2M | 17M | 2.3M | 9.2M | -100K | 13.5M | 3.4M | 0 | 3.5M | 12.2M |