What is Mativ Holdings's gross profit margin?

What factors drove the changes in Mativ Holdings's revenue and profit?

What does Mativ Holdings do and what are its main business segments?

Did Mativ Holdings beat or miss consensus estimates last quarter?

What is Mativ Holdings's latest dividend and current dividend yield?

What were the key takeaways from Mativ Holdings’s earnings call?

What were the key takeaways from Mativ Holdings's earnings call?

What is the market's earnings forecast for Mativ Holdings next quarter?

- **Record Q3 Financials**: Adjusted EBITDA +10% YoY to $66.8M, free cash flow doubles to $66.7M. SAS margin hits 15.3% (up 200bps YoY).
- **FAM Turnaround**: First QoQ sales growth since merger, HVAC filtration +20%, water filtration +10%.
- **Strategic Wins**: Wilson facility closure to add $42M annual EBITDA by Q1 2026. <6% of sales subject to tariffs.
- **2026 Vision**: Target 10%+ EBITDA growth, gradual margin expansion toward 15% by end of decade.

**【CEO Summary Section】**
- **Q3 Results Exceed Expectations**: Adjusted EBITDA up 10% YoY to $66.8M, free cash flow doubled YoY to $66.7M. SAS segment EBITDA margin improved 200bps to 15.3%, FAM segment saw first QoQ sales growth since merger.
- **Segment Performance**: SAS sales +5% organically, driven by tapes (+mid-single digits), liners (+high single digits). FAM sales +4% YoY, with HVAC filtration up 20%+ and water filtration +10%.
- **Strategic Initiatives**: Closed Wilson, NC facility to reduce costs; 34 global sites vs 48 at merger. Pricing vs input cost turned positive Q3, targeting 15% EBITDA margin by 2026.

**【CFO Financial Commentary】**
- **Top Line**: Q3 net sales $513M (+3% YoY reported, +5% organic). SAS sales $315M (+5% organic), FAM $198M (+4% YoY).
- **Bottom Line**: Adjusted EPS $0.39 vs $0.21 YoY. Free cash flow $66M (vs $33M YoY), year-to-date $85M (vs $42M YoY).
- **Leverage Reduction**: Net debt $932M (-$60M QoQ), net leverage 4.2x (targeting 4x by year-end). $35-40M cost savings by 2026E, $15-20M in 2025.
- **Tariff Mitigation**: <6% of sales subject to tariffs (down from 7% prior guidance).

**【Q&A Key Highlights】**
- **FAM Growth Timeline**: Q3 was first quarter of FAM sales growth, driven by HVAC (+20%), water filtration (+10%). Q4 expected to continue YoY improvement.
- **Wilson Facility Impact**: Closure to be accretive to EBITDA in Q1 2026, with <1% of sales impact. One-time closure costs offset by long-term savings.
- **2026 Outlook**: Target 10%+ EBITDA growth, gradual margin expansion toward 15% target. SAS volumes expected flat YoY in Q4, but pricing vs input cost remains favorable.
- **Demand Visibility**: Despite macro challenges, SAS winning share in tapes, liners, and healthcare. FAM benefiting from cross-selling and premium segment recovery.

Mativ Holdings, Inc. (MATV) Q3 2025 Earnings Call Transcript

Revenue

Sales and Services Revenue

Financing Services Revenue

Other Revenue

Cost of Revenue

Cost of Goods and Services

Cost of Financing Services

Other Cost

Gross Profit

Other Operating Income

Operating Expenses

Selling, General and Administrative Expenses

Selling and Marketing Expenses

General and Administrative Expenses

Research and Development Expenses

Loss on Bad Debts

Loss on Impairment of Other Assets

Loss on Disposal of Assets

Other Operating Expenses

Operating Income

Non-Operating Income (Loss)

Income (Loss) from Affiliates

Income (Loss) from Associates

Income (Loss) from Joint ventures

Gain (Loss) on Other Investment

Gain (Loss) on Change in Fair Value

Gain (Loss) on Foreign Currency Exchange

Other Non-Operating Income (Loss)

Net Interest Expense

Interest Expense

Interest Income

Pretax Income From Continuing Operations

Income Tax Expense

Current Income Tax

Deferred Income Tax

Income Tax Adjustments

Net Income from Continuing Operations

Income from Discontinued Operations

Other Items Before Net Income

Net Income

Net Income Attributable to Minority Interests

Net Income Attributable to Owners of the Company

Preferred Stock Dividends

Other Adjustments

Net Income Attributable to Common Stockholders

Other Comprehensive Income

Total Comprehensive Income

Total Comprehensive Income Attributable to Minority Interests

Total Comprehensive Income Attributable to Owners of the Company

Basic EPS

Basic EPS from Continuing Operations

Basic EPS from Discontinued Operations

Diluted EPS

Diluted EPS from Continuing Operations

Diluted EPS from Discontinued Operations

MATV

MATV fundamentals

You can ask Aime