NYSE$MATV

Mativ Holdings Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Reported strong demand, offset by significant input cost inflation and supply chain challenges; Scapa acquisition performing as expected.

SWM's Q2 2021 results showed strong demand with organic sales growth in AMS and sales increase in EP, but were impacted by significant input cost inflation and supply chain challenges. The Scapa acquisition, closed in April 2021, is performing as expected.

  • Total sales were $377.8 million, up 48.6%, or up 11% on organic basis.
  • GAAP operating profit was $15.9 million, or 4.2% of sales, down $18.5 million.
  • Adjusted operating profit was $44.6 million, or 11.8% of sales, up 3%.
  • Adjusted EPS was $0.90, in line with second quarter 2020.

Headline financials

Total Revenue

$378M

Previous: $254M+48.6%
EPS (adj)

$0.06

Previous: $0.69-91.3%
Capital Expenditures

-$16.3M

Previous: -$14.9M-9.4%
Free Cash Flow

-$14.5M

Previous: $6.6M-319.7%
Net Income

$1.8M

Previous: $21.5M-91.6%
Operating Income

$15.9M

Previous: $34.4M-53.8%
Gross Profit

$88.1M

Previous: $74.3M+18.6%
Cash & Equivalents

$65.9M

Previous: $63.9M+3.1%
Total Assets

$2.42B

Previous: $1.58B+53.6%
Stock-Based Comp

$2.5M

Previous: $2M+25.0%

Revenue & EPS history

Mativ · Revenue · Quarterly

$378M

Q2 2021+48.6%vs Q2 2020
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Forward guidance

While the global supply chain issues cause short-term pressures, our strong results, demonstrate the resiliency and attractiveness of our portfolio.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

+1.4%

Avg return

Earnings day

+1.4%

Avg return

5 days after

-1.7%

Avg return

30 days after

55%

36 / 65 earnings

Positive

+39.0%

Q4 2023

Best reaction

-17.8%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.5%-7.8%-20.3%
Q4 2025-8.0%-25.0%-43.2%
Q3 2025+22.3%+24.8%+14.7%
Q1 2025+8.8%+26.8%+22.7%
Q4 2024-17.8%-23.3%-33.0%
Q3 2024-14.8%-16.3%-24.7%
Q2 2024+26.6%+21.1%+23.4%
Q1 2024+1.9%-6.1%-7.3%
Q4 2023+39.0%+35.0%+44.6%
Q3 2023+2.9%-3.2%-7.0%
Q2 2023-0.4%-0.9%-13.5%
Q1 2023+3.7%+3.0%+2.6%
Q1 2022+3.7%+3.0%+2.6%
Q4 2022+11.3%+3.6%-19.6%
Q3 2022-12.7%-19.5%-15.5%
Q2 2022+15.1%+19.4%+24.9%
Q4 2021-3.2%+3.4%+0.1%
Q3 2021-12.8%-7.2%-21.5%
Q2 2021-1.6%-3.1%-4.6%
Q1 2021-1.2%+0.0%-7.1%
Q4 2020+1.2%+1.1%+4.9%
Q3 2020-2.4%+0.4%-2.9%
Q2 2020+2.9%+7.3%-5.3%
Q1 2020+1.5%-3.0%+20.0%
Q4 2019+1.8%+0.4%-19.2%
Q3 2019+9.1%+10.3%+9.9%
Q2 2019+4.9%+1.5%+4.0%
Q1 2019+1.3%-1.5%-8.1%
Q4 2018-0.7%-1.6%+0.4%
Q3 2018-0.7%-3.8%-15.4%
Q2 2018+6.4%+1.3%-1.9%
Q1 2018-1.9%+0.5%-0.3%
Q4 2017-0.4%+0.3%-0.2%
Q3 2017+8.1%+4.1%+6.9%
Q2 2017+3.8%-0.5%-2.1%
Q1 2017-2.8%-2.9%+3.0%
Q4 2016-0.0%+2.3%-1.4%
Q3 2016+5.2%+7.2%+16.0%
Q2 2016+4.6%+3.2%+7.3%
Q1 2016+0.7%
Q4 2015-1.2%
Q3 2015+1.5%
Q2 2015-4.9%
Q4 2014-3.5%
Q1 2015-0.2%
Q3 2014+1.7%
Q2 2014+2.0%
Q1 2014+1.9%
Q4 2013-1.2%
Q3 2013-16.4%
Q2 2013+0.7%
Q1 2013-0.3%
Q4 2012+0.2%
Q3 2012+1.9%
Q2 2012-8.0%
Q1 2012+0.8%
Q4 2009-0.4%
Q4 2011-0.4%
Q3 2010+2.2%
Q3 2011+2.2%
Q2 2011+2.6%
Q4 2010+2.6%
Q2 2010-0.8%
Q1 2011-0.8%
Q1 2010-0.8%

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