NYSE$MATV
Mativ Holdings Inc · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Announced Q4 2023 earnings, reflecting lower sales and a GAAP loss, but also highlighting progress in debt reduction and synergy achievement.
Mativ reported Q4 2023 results with sales of $452.3 million, a GAAP loss of $13.6 million, and adjusted EPS of $0.23. The company faced headwinds from customer de-stocking and persistent inflation, but made progress in debt reduction and synergy realization. They divested Engineered Papers, reduced debt by over 35%, consolidated sites, and achieved targeted Merger synergies ahead of plan.
- Sales were $452.3 million, down 13.7% year over year.
- GAAP loss was $13.6 million, with a GAAP EPS of $(0.25).
- Adjusted EBITDA was $50.0 million, down 20% versus the prior year.
- The company reduced net debt by $605 million year over year.
Headline financials
Revenue & EPS history
Mativ · Revenue · Quarterly
$452M
Revenue by segment
Mativ · $525M total across 2 segments · Q2 2025
- Sustainable & Adhesive Solutions$321M—61.1%
- Filtration & Advanced Materials$204M—38.9%
Forward guidance
Mativ is focused on executing its strategy in 2024 to achieve growth in sales and EBITDA, generate strong free cash flow, and further reduce debt and leverage.
Tailwinds
- Seeing some momentum in our markets.
- Opportunities that lie ahead.
- Focused on growth in sales and EBITDA.
- Focused on generating strong free cash flow.
- Focused on further reducing our debt and leverage.
Headwinds
- Macro-environment was even more challenging with profound and prolonged customer de-stocking effects and persistent inflation.
- Combination and magnitude of these factors significantly impacted our end markets and volumes.
- Challenged us to aggressively adapt our operations.
- Challenged us to reduce costs.
- Challenged us to innovate, and reposition the Company for a strong future.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q4 2023
+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
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2025 | — | — | — | |
| 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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