Matthews International Key Executives

This section highlights Matthews International's key executives, including their titles and compensation details.

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Matthews International Earnings

This section highlights Matthews International's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.

Next Earnings Date

Date: April 30, 2025
Time: After Market
Est. EPS: $0.36
Status: Unconfirmed

Last Earnings Results

Date: February 06, 2025
EPS: $0.14
Est. EPS: $0.26
Revenue: $401.84M

Earnings Call Transcripts

Transcript Quarter Year Date Estimated EPS Actual EPS
Read Transcript Q1 2025 2025-02-07 N/A N/A
Read Transcript Q4 2024 2024-11-22 N/A N/A
Read Transcript Q3 2024 2024-08-02 N/A N/A
Read Transcript Q2 2024 2024-05-03 N/A N/A
Read Transcript Q1 2024 2024-02-02 N/A N/A
Read Transcript Q4 2023 2023-11-17 N/A N/A
Read Transcript Q3 2023 2023-07-28 N/A N/A
Read Transcript Q2 2023 2023-04-28 N/A N/A
Read Transcript Q1 2023 2023-01-27 N/A N/A

Matthews International Corporation (MATW)

Matthews International Corporation provides brand solutions, memorialization products, and industrial technologies worldwide. It operates through three segments: SGK Brand Solutions, Memorialization, and Industrial Technologies. The SGK Brand solutions segment provides brand management, pre-media services, printing plates and cylinders, engineered products, imaging services, digital asset management, merchandising display systems, and marketing and design services for the consumer goods and retail industries. The Memorialization segment provides bronze and granite memorials, upright granite memorials and monuments, cremation memorialization products, granite benches, flower vases, crypt plates and letters, cremation urns, niche units, cemetery features, and statues, as well as caskets, and cremation and incineration equipment for the cemetery and funeral home industries. The Industrial Technologies segment provides marking and coding equipment and consumables, industrial automation products, and order fulfillment systems for identifying, tracking, picking, and conveying consumer and industrial products for the warehousing and industrial industries. Matthews International Corporation was founded in 1850 and is based in Pittsburgh, Pennsylvania.

Industrials Conglomerates

$20.54

Stock Price

$636.10M

Market Cap

11.00K

Employees

Pittsburgh, PA

Location

Financial Statements

Access annual & quarterly financial statements for Matthews International, including income statements, balance sheets, and cash flow statements..

Annual Income Statement

Breakdown September 30, 2024 September 30, 2023 September 30, 2022 September 30, 2021 September 30, 2020
Revenue $1.80B $1.88B $1.76B $1.67B $1.50B
Cost of Revenue $1.27B $1.30B $1.24B $1.13B $1.00B
Gross Profit $529.71M $577.67M $522.28M $541.83M $497.77M
Gross Profit Ratio 29.50% 30.71% 29.63% 32.43% 33.22%
Research and Development Expenses $- $15.56M $15.54M $13.21M $22.29M
General and Administrative Expenses $346.40M $307.37M $298.31M $285.37M $274.92M
Selling and Marketing Expenses $140.50M $140.12M $128.36M $130.20M $125.12M
Selling General and Administrative Expenses $488.28M $449.13M $426.68M $415.56M $400.04M
Other Expenses $53.75M $24.87M $57.08M $84.23M $71.51M
Operating Expenses $613.76M $489.56M $483.76M $499.80M $471.55M
Cost and Expenses $1.81B $1.79B $1.72B $1.63B $1.47B
Interest Income $- $- $1.04M $2.65M $1.96M
Interest Expense $50.53M $44.65M $27.73M $28.68M $42.14M
Depreciation and Amortization $94.77M $96.53M $104.06M $133.51M $119.06M
EBITDA $75.65M $195.21M $24.43M $169.71M $46.09M
EBITDA Ratio 4.21% 10.38% 1.39% 10.16% 3.08%
Operating Income $-12.32M $88.12M $120.97M $42.03M $26.21M
Operating Income Ratio -0.69% 4.68% 6.86% 2.52% 1.75%
Total Other Income Expenses Net $-57.33M $-47.21M $-60.28M $-32.80M $-42.14M
Income Before Tax $-69.66M $40.91M $-104.22M $9.23M $-106.34M
Income Before Tax Ratio -3.88% 2.18% -5.91% 0.55% -7.10%
Income Tax Expense $-10.00M $1.77M $-4.39M $6.38M $-18.68M
Net Income $-59.66M $39.29M $-99.83M $2.91M $-87.65M
Net Income Ratio -3.32% 2.09% -5.66% 0.17% -5.85%
EPS $-1.93 $1.29 $-3.18 $0.09 $-2.81
EPS Diluted $-1.93 $1.26 $-3.18 $0.09 $-2.81
Weighted Average Shares Outstanding 30.91M 30.47M 31.37M 31.70M 31.19M
Weighted Average Shares Outstanding Diluted 30.91M 31.29M 31.37M 31.99M 31.19M
SEC Filing Source Source Source Source Source


Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Revenue $401.84M $446.69M $427.83M $471.22M $132.35M $480.17M $471.91M $479.58M $449.24M $457.13M $421.72M $444.98M $438.58M $438.84M $428.38M $417.15M $386.66M $399.14M $359.42M $374.80M
Cost of Revenue $276.15M $329.36M $296.00M $330.00M $317.63M $329.35M $333.60M $329.96M $310.31M $311.87M $300.85M $320.46M $306.94M $300.77M $291.12M $276.14M $261.16M $262.81M $238.47M $250.04M
Gross Profit $125.69M $117.33M $131.84M $141.22M $-185.28M $150.81M $138.31M $149.62M $138.93M $145.26M $120.86M $124.52M $131.64M $138.06M $137.26M $141.01M $125.50M $136.32M $120.95M $124.76M
Gross Profit Ratio 31.28% 26.27% 30.82% 29.97% -139.99% 31.41% 29.31% 31.20% 30.93% 31.78% 28.66% 27.98% 30.01% 31.46% 32.04% 33.80% 32.46% 34.15% 33.65% 33.29%
Research and Development Expenses $- $- $- $- $- $15.56M $- $- $- $15.54M $- $- $- $13.21M $- $- $- $13.36M $- $-
General and Administrative Expenses $- $105.74M $80.09M $81.89M $78.69M $78.14M $69.80M $81.52M $77.92M $91.99M $65.94M $71.82M $68.57M $72.02M $73.48M $70.75M $69.11M $66.69M $69.37M $68.40M
Selling and Marketing Expenses $-34.86M $34.04M $36.01M $36.00M $-34.44M $35.80M $36.34M $34.54M $33.44M $32.08M $32.16M $33.38M $30.74M $35.58M $31.46M $32.36M $30.80M $31.16M $28.51M $33.18M
Selling General and Administrative Expenses $-34.86M $141.16M $116.10M $111.69M $-34.44M $113.93M $106.14M $116.06M $111.36M $124.07M $98.10M $105.20M $99.31M $107.61M $104.95M $103.11M $99.90M $97.85M $97.88M $101.58M
Other Expenses $- $25.96M $- $-878.00K $-880.00K $479.00K $-2.49M $10.52M $10.34M $11.78M $-448.00K $11.95M $-31.71M $-2.00K $-2.44M $-2.58M $-1.73M $-1.78M $-2.78M $-1.84M
Operating Expenses $-34.86M $167.12M $125.14M $111.69M $-34.44M $124.50M $116.78M $126.57M $121.70M $135.85M $109.90M $117.15M $120.86M $130.65M $127.99M $126.04M $115.12M $115.72M $115.71M $119.45M
Cost and Expenses $241.29M $496.48M $421.13M $441.69M $-34.44M $453.85M $450.38M $456.53M $432.01M $447.72M $410.76M $437.61M $427.80M $431.42M $419.11M $402.18M $376.28M $378.54M $354.18M $369.49M
Interest Income $- $- $- $- $- $- $10.92M $12.05M $10.21M $301.00K $- $- $- $- $- $- $- $- $- $-
Interest Expense $15.68M $13.63M $12.78M $12.54M $11.58M $11.46M $13.41M $12.05M $10.21M $8.30M $6.66M $6.26M $6.51M $6.97M $6.75M $7.23M $7.73M $9.21M $8.08M $9.61M
Depreciation and Amortization $22.50M $24.33M $23.66M $23.26M $23.52M $24.72M $23.94M $24.15M $23.73M $23.89M $22.94M $23.72M $33.50M $35.59M $35.39M $35.18M $27.35M $17.88M $30.17M $29.32M
EBITDA $32.36M $-29.52M $30.16M $44.48M $36.74M $54.65M $45.38M $47.12M $41.70M $-50.46M $33.66M $30.04M $10.78M $59.53M $42.87M $47.22M $35.48M $55.72M $33.45M $-58.55M
EBITDA Ratio 8.05% -6.61% 7.05% 9.44% 27.76% 11.38% 9.62% 9.82% 9.28% -11.04% 7.98% 6.75% 2.46% 13.56% 10.01% 11.32% 9.18% 13.96% 9.31% -15.62%
Operating Income $5.67M $-49.78M $6.70M $29.53M $9.43M $26.31M $21.52M $23.05M $17.23M $91.86M $10.96M $7.37M $10.78M $7.42M $9.27M $14.97M $10.37M $20.60M $5.25M $-85.10M
Operating Income Ratio 1.41% -11.14% 1.57% 6.27% 7.12% 5.48% 4.56% 4.81% 3.83% 20.10% 2.60% 1.66% 2.46% 1.69% 2.16% 3.59% 2.68% 5.16% 1.46% -22.70%
Total Other Income Expenses Net $-11.50M $-17.70M $-13.75M $-13.42M $-12.46M $-10.98M $-13.41M $-10.54M $-12.27M $-9.99M $-7.05M $-6.03M $-37.22M $-7.34M $-8.23M $-8.85M $-8.38M $-9.21M $-9.61M $-12.56M
Income Before Tax $-5.83M $-67.48M $-7.05M $7.91M $-3.03M $15.33M $8.11M $12.51M $4.96M $-83.04M $3.92M $1.34M $-26.44M $80.00K $1.04M $6.12M $1.99M $11.39M $-4.36M $-97.66M
Income Before Tax Ratio -1.45% -15.11% -1.65% 1.68% -2.29% 3.19% 1.72% 2.61% 1.10% -18.16% 0.93% 0.30% -6.03% 0.02% 0.24% 1.47% 0.51% 2.85% -1.21% -26.06%
Income Tax Expense $-2.36M $680.00K $-8.83M $-1.12M $726.00K $-2.36M $-558.00K $3.38M $1.31M $-2.08M $1.04M $3.28M $-6.63M $3.75M $-2.33M $972.00K $3.98M $3.99M $-6.21M $-11.07M
Net Income $-3.47M $-68.16M $1.78M $9.03M $-2.30M $17.72M $8.74M $9.13M $3.70M $-80.96M $2.89M $-1.94M $-19.80M $-3.68M $3.35M $4.99M $-1.76M $7.41M $2.27M $-86.36M
Net Income Ratio -0.86% -15.26% 0.42% 1.92% -1.74% 3.69% 1.85% 1.90% 0.82% -17.71% 0.69% -0.44% -4.52% -0.84% 0.78% 1.20% -0.45% 1.86% 0.63% -23.04%
EPS $-0.11 $0.00 $0.06 $0.29 $-0.07 $0.56 $0.28 $0.30 $0.12 $-2.67 $0.09 $-0.06 $-0.62 $-0.12 $0.11 $0.16 $-0.06 $0.23 $0.07 $-2.77
EPS Diluted $-0.11 $0.00 $0.06 $0.29 $-0.07 $0.56 $0.28 $0.29 $0.12 $-2.63 $0.09 $-0.06 $-0.62 $-0.12 $0.10 $0.16 $-0.06 $0.23 $0.07 $-2.77
Weighted Average Shares Outstanding 30.91M - 30.89M 30.93M 30.91M 31.52M 30.80M 30.78M 30.71M 30.30M 31.24M 31.69M 31.72M 31.47M 31.66M 31.66M 31.73M 31.33M 31.14M 31.15M
Weighted Average Shares Outstanding Diluted 30.91M - 31.23M 31.22M 30.91M 31.52M 31.24M 31.18M 30.95M 30.82M 31.55M 31.69M 31.72M 31.71M 32.19M 32.08M 31.73M 31.83M 31.23M 31.15M
SEC Filing Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source

Annual Balance Sheet

Breakdown September 30, 2024 September 30, 2023 September 30, 2022 September 30, 2021 September 30, 2020
Cash and Cash Equivalents $40.82M $42.10M $69.02M $49.18M $41.33M
Short Term Investments $- $920.00K $3.36M $31.00K $-
Cash and Short Term Investments $40.82M $42.10M $69.02M $49.18M $41.33M
Net Receivables $298.95M $282.17M $221.01M $309.82M $295.19M
Inventory $237.89M $260.41M $225.44M $189.09M $175.10M
Other Current Assets $54.89M $63.58M $110.75M $76.08M $63.95M
Total Current Assets $632.54M $648.26M $628.62M $624.16M $575.57M
Property Plant Equipment Net $340.00M $341.95M $256.06M $223.71M $236.79M
Goodwill $697.12M $698.11M $675.42M $773.79M $765.39M
Intangible Assets $126.03M $160.48M $202.15M $261.54M $333.50M
Goodwill and Intangible Assets $823.15M $858.59M $877.58M $1.04B $1.10B
Long Term Investments $23.08M $28.07M $25.98M $30.44M $63.25M
Tax Assets $6.55M $2.27M $3.61M $3.49M $3.76M
Other Non-Current Assets $9.58M $8.24M $90.93M $114.95M $94.38M
Total Non-Current Assets $1.20B $1.24B $1.25B $1.41B $1.50B
Other Assets $- $- $- $- $-
Total Assets $1.83B $1.89B $1.88B $2.03B $2.07B
Account Payables $108.36M $114.32M $121.36M $112.72M $82.92M
Short Term Debt $29.47M $27.68M $26.15M $31.70M $53.93M
Tax Payables $7.52M $12.56M $9.28M $4.24M $3.61M
Deferred Revenue $- $36.94M $31.87M $-112.72M $-82.92M
Other Current Liabilities $289.42M $203.11M $254.59M $205.57M $176.41M
Total Current Liabilities $434.77M $394.60M $411.38M $354.23M $316.87M
Long Term Debt $769.61M $836.67M $846.74M $816.36M $857.01M
Deferred Revenue Non-Current $- $- $- $-97.42M $-78.91M
Deferred Tax Liabilities Non-Current $45.69M $71.25M $92.59M $97.42M $78.91M
Other Non-Current Liabilities $147.61M $59.57M $44.99M $127.68M $208.41M
Total Non-Current Liabilities $962.91M $967.50M $984.32M $1.04B $1.14B
Other Liabilities $- $- $- $- $-
Total Liabilities $1.40B $1.36B $1.40B $1.40B $1.46B
Preferred Stock $- $- $- $- $-
Common Stock $36.33M $36.33M $36.33M $36.33M $36.33M
Retained Earnings $623.06M $714.73M $706.75M $834.21M $859.00M
Accumulated Other Comprehensive Income Loss $-168.74M $-174.40M $-190.19M $-192.74M $-240.72M
Other Total Stockholders Equity $-53.50M $-50.99M $-65.54M $-41.26M $-43.81M
Total Stockholders Equity $437.16M $525.67M $487.08M $636.40M $611.43M
Total Equity $437.21M $525.28M $486.80M $636.26M $612.06M
Total Liabilities and Stockholders Equity $1.83B $1.89B $1.88B $2.03B $2.07B
Minority Interest $48.00K $-387.00K $-276.00K $-145.00K $626.00K
Total Liabilities and Total Equity $1.83B $1.89B $1.88B $2.03B $2.07B
Total Investments $23.08M $24.99M $25.98M $30.44M $63.25M
Total Debt $839.16M $864.35M $798.57M $763.71M $834.53M
Net Debt $798.34M $822.25M $729.55M $714.53M $793.20M


Balance Sheet Charts

Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Cash and Cash Equivalents $33.51M $40.82M $42.74M $45.50M $37.92M $42.10M $39.30M $41.92M $42.72M $69.02M $45.85M $53.78M $70.98M $49.18M $46.23M $46.98M $41.17M $41.33M $42.90M $72.34M
Short Term Investments $- $- $616.00K $472.00K $129.00K $920.00K $365.00K $2.00K $3.37M $3.36M $2.17M $1.43M $269.00K $31.00K $- $78.00K $64.00M $- $249.00K $-
Cash and Short Term Investments $33.51M $40.82M $42.74M $45.50M $37.92M $42.10M $39.30M $41.92M $42.72M $69.02M $45.85M $53.78M $70.98M $49.18M $46.23M $46.98M $41.17M $41.33M $42.90M $72.34M
Net Receivables $287.92M $298.95M $288.08M $283.57M $295.47M $282.17M $233.90M $246.57M $221.61M $221.01M $207.50M $223.28M $314.00M $309.82M $296.66M $292.70M $305.43M $295.19M $271.24M $294.59M
Inventory $241.59M $237.89M $248.64M $253.30M $257.84M $260.41M $268.60M $254.56M $245.56M $225.44M $211.16M $201.57M $192.74M $189.09M $194.70M $186.52M $178.16M $175.10M $182.35M $186.92M
Other Current Assets $60.18M $54.89M $62.61M $71.68M $66.84M $63.58M $77.76M $75.20M $123.35M $110.75M $134.12M $133.67M $109.03M $76.08M $83.14M $73.41M $66.20M $63.95M $73.17M $72.09M
Total Current Assets $623.20M $632.54M $642.08M $654.05M $658.06M $648.26M $619.55M $618.24M $633.24M $628.62M $598.63M $612.29M $686.75M $624.16M $620.73M $599.62M $590.96M $575.57M $569.67M $625.94M
Property Plant Equipment Net $326.96M $340.00M $336.88M $343.68M $348.44M $270.33M $273.57M $268.25M $339.30M $256.06M $283.36M $292.09M $301.07M $223.71M $229.21M $307.31M $306.01M $236.79M $312.72M $235.96M
Goodwill $685.97M $697.12M $706.22M $707.88M $708.96M $698.11M $702.92M $708.77M $692.01M $675.42M $754.65M $769.11M $771.98M $773.79M $780.38M $777.82M $778.44M $765.39M $756.06M $750.58M
Intangible Assets $116.88M $126.03M $134.80M $143.88M $151.34M $160.48M $174.95M $190.39M $193.76M $202.15M $213.37M $227.25M $239.72M $261.54M $285.76M $305.30M $320.98M $333.50M $347.20M $364.11M
Goodwill and Intangible Assets $802.85M $823.15M $841.02M $851.76M $860.30M $858.59M $877.87M $899.15M $885.77M $877.58M $968.02M $996.37M $1.01B $1.04B $1.07B $1.08B $1.10B $1.10B $1.10B $1.11B
Long Term Investments $22.61M $23.08M $28.45M $28.20M $25.22M $24.99M $25.23M $23.80M $26.45M $25.98M $23.60M $23.70M $30.42M $30.44M $49.65M $49.05M $64.00M $63.25M $62.07M $93.21M
Tax Assets $6.12M $-83.58M $2.08M $2.32M $2.40M $2.27M $2.68M $2.89M $3.16M $3.61M $2.74M $2.95M $2.99M $3.49M $2.89M $3.46M $3.75M $3.76M $4.76M $4.94M
Other Non-Current Assets $9.98M $16.12M $11.37M $10.47M $8.70M $82.95M $85.29M $84.94M $15.02M $90.93M $28.34M $25.40M $20.39M $114.95M $106.44M $21.22M $23.31M $94.38M $32.14M $117.00M
Total Non-Current Assets $1.17B $1.20B $1.22B $1.24B $1.25B $1.24B $1.26B $1.28B $1.27B $1.25B $1.31B $1.34B $1.37B $1.41B $1.45B $1.46B $1.50B $1.50B $1.51B $1.57B
Other Assets $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Assets $1.79B $1.83B $1.86B $1.89B $1.90B $1.89B $1.88B $1.90B $1.90B $1.88B $1.90B $1.95B $2.05B $2.03B $2.08B $2.06B $2.09B $2.07B $2.08B $2.19B
Account Payables $101.93M $108.36M $113.64M $107.15M $97.34M $114.32M $111.72M $117.91M $101.28M $121.36M $103.64M $114.98M $112.02M $112.72M $101.59M $89.32M $73.80M $82.92M $75.65M $89.65M
Short Term Debt $29.62M $29.47M $52.12M $28.86M $51.77M $27.68M $27.09M $26.13M $48.92M $23.86M $50.50M $52.95M $53.34M $31.70M $32.75M $53.19M $75.34M $54.28M $49.91M $53.25M
Tax Payables $7.87M $7.52M $10.16M $4.04M $7.52M $12.56M $3.87M $5.14M $7.58M $9.28M $3.26M $3.75M $4.73M $4.24M $2.48M $2.76M $3.86M $3.61M $3.04M $1.89M
Deferred Revenue $- $- $31.39M $35.61M $34.30M $36.94M $38.40M $23.36M $3.16M $- $45.80M $- $43.23M $-112.72M $-101.59M $60.31M $3.75M $-82.92M $46.34M $40.97M
Other Current Liabilities $256.16M $289.42M $178.84M $183.10M $186.66M $203.11M $198.98M $221.90M $208.96M $256.88M $152.39M $166.87M $171.04M $205.57M $192.64M $179.00M $179.13M $176.05M $176.42M $177.51M
Total Current Liabilities $395.58M $434.77M $386.15M $358.75M $349.20M $394.60M $380.07M $394.44M $366.74M $411.38M $309.79M $338.56M $341.13M $354.23M $329.46M $324.27M $332.13M $316.87M $305.03M $322.30M
Long Term Debt $843.77M $809.69M $852.79M $868.64M $893.50M $836.67M $825.13M $829.76M $883.50M $846.74M $819.67M $800.45M $883.34M $816.36M $847.88M $827.39M $837.84M $863.18M $888.81M $998.22M
Deferred Revenue Non-Current $- $- $14.87M $58.04M $- $-71.25M $-92.28M $- $93.03M $- $50.63M $- $52.00M $-97.42M $-84.43M $169.62M $171.43M $-78.91M $158.93M $157.21M
Deferred Tax Liabilities Non-Current $46.67M $- $45.16M $69.67M $71.73M $71.25M $92.28M $92.09M $93.03M $92.59M $109.09M $109.60M $108.68M $97.42M $84.43M $83.86M $80.21M $78.91M $92.71M $92.83M
Other Non-Current Liabilities $92.23M $153.22M $74.08M $84.07M $79.88M $59.57M $64.88M $68.59M $54.75M $44.99M $75.53M $75.18M $75.50M $127.68M $186.97M $208.63M $215.42M $202.25M $196.33M $187.18M
Total Non-Current Liabilities $982.68M $962.91M $972.03M $1.02B $1.05B $967.50M $982.30M $990.44M $1.03B $984.32M $1.00B $985.22M $1.07B $1.04B $1.12B $1.12B $1.13B $1.14B $1.18B $1.28B
Other Liabilities $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities $1.38B $1.40B $1.36B $1.38B $1.39B $1.36B $1.36B $1.38B $1.40B $1.40B $1.31B $1.32B $1.41B $1.40B $1.45B $1.44B $1.47B $1.46B $1.48B $1.60B
Preferred Stock $- $- $- $- $- $- $- $- $- $- $- $- $- $- $564.00K $- $- $345.00K $- $495.00K
Common Stock $- $36.33M $36.33M $36.33M $36.33M $36.33M $36.33M $36.33M $36.33M $36.33M $36.33M $36.33M $36.33M $36.33M $36.33M $36.33M $36.33M $36.33M $36.33M $36.33M
Retained Earnings $- $623.06M $699.04M $705.11M $704.04M $714.73M $704.37M $703.10M $701.66M $706.75M $794.58M $798.55M $807.58M $834.21M $844.73M $848.25M $850.44M $859.00M $858.22M $862.58M
Accumulated Other Comprehensive Income Loss $- $-168.74M $-174.11M $-172.50M $-167.68M $-174.40M $-163.86M $-167.08M $-169.09M $-190.19M $-178.93M $-161.23M $-159.11M $-192.74M $-218.32M $-224.49M $-220.50M $-240.72M $-235.69M $-248.50M
Other Total Stockholders Equity $413.41M $-53.50M $-57.62M $-59.64M $-63.94M $-50.99M $-54.62M $-59.67M $-63.66M $-65.54M $-61.11M $-44.46M $-39.98M $-41.26M $-37.00M $-41.05M $-44.80M $-43.81M $-57.76M $-60.27M
Total Stockholders Equity $413.41M $437.16M $503.64M $509.30M $508.76M $525.28M $521.82M $512.39M $505.25M $487.08M $590.87M $629.19M $644.82M $636.40M $626.31M $619.05M $621.46M $611.43M $601.11M $590.15M
Total Equity $413.46M $437.21M $503.69M $509.35M $508.81M $524.89M $521.42M $512.09M $504.92M $486.80M $590.60M $629.01M $644.67M $636.26M $626.88M $619.60M $621.85M $612.06M $601.74M $591.20M
Total Liabilities and Stockholders Equity $1.79B $1.83B $1.86B $1.89B $1.90B $1.89B $1.88B $1.90B $1.90B $1.88B $1.90B $1.95B $2.05B $2.03B $2.08B $2.06B $2.09B $2.07B $2.08B $2.19B
Minority Interest $48.00K $48.00K $47.00K $47.00K $47.00K $-387.00K $-400.00K $-302.00K $-328.00K $-276.00K $-269.00K $-175.00K $-148.00K $-145.00K $564.00K $553.00K $389.00K $626.00K $635.00K $1.05M
Total Liabilities and Total Equity $1.79B $1.83B $1.86B $1.89B $1.90B $1.89B $1.88B $1.90B $1.90B $1.88B $1.90B $1.95B $2.05B $2.03B $2.08B $2.06B $2.09B $2.07B $2.08B $2.19B
Total Investments $22.61M $23.08M $28.45M $28.20M $25.22M $24.99M $25.23M $23.80M $26.45M $25.98M $26.57M $23.70M $30.42M $30.44M $49.65M $49.05M $128.00M $63.25M $62.07M $93.21M
Total Debt $873.40M $839.16M $896.46M $910.88M $931.47M $790.18M $775.00M $778.03M $914.13M $798.57M $852.57M $834.22M $917.46M $763.71M $792.49M $862.92M $895.73M $834.53M $935.51M $965.83M
Net Debt $839.89M $798.34M $853.71M $865.38M $893.54M $748.08M $735.70M $736.11M $871.41M $729.55M $806.72M $780.45M $846.47M $714.53M $746.26M $815.95M $854.55M $793.20M $892.61M $893.49M

Annual Cash Flow

Breakdown September 30, 2024 September 30, 2023 September 30, 2022 September 30, 2021 September 30, 2020
Net Income $-59.66M $39.14M $-99.83M $2.86M $-87.65M
Depreciation and Amortization $94.77M $96.53M $104.06M $133.51M $119.06M
Deferred Income Tax $- $-21.63M $-32.96M $4.16M $-16.61M
Stock Based Compensation $18.48M $17.31M $17.43M $15.58M $8.10M
Change in Working Capital $18.11M $-35.50M $29.59M $12.98M $67.64M
Accounts Receivables $- $26.46M $74.01M $-13.42M $24.05M
Inventory $27.02M $-23.99M $-23.46M $-12.84M $5.98M
Accounts Payables $- $-9.21M $7.44M $29.62M $8.36M
Other Working Capital $-8.91M $-28.75M $-28.40M $9.62M $29.25M
Other Non Cash Items $7.58M $-16.32M $108.57M $-6.28M $89.91M
Net Cash Provided by Operating Activities $79.28M $79.52M $126.86M $162.81M $180.45M
Investments in Property Plant and Equipment $-45.22M $-50.60M $-61.32M $-34.31M $-34.85M
Acquisitions Net $-5.28M $-8.64M $-44.47M $-15.62M $41.21M
Purchases of Investments $-825.00K $-1.61M $-2.20M $34.31M $-9.70M
Sales Maturities of Investments $200.00K $- $21.84M $34.17M $34.85M
Other Investing Activities $4.16M $2.12M $5.30M $-31.54M $-34.23M
Net Cash Used for Investing Activities $-46.97M $-58.73M $-80.85M $-12.99M $-2.72M
Debt Repayment $-31.34M $-18.22M $35.69M $-76.77M $-126.28M
Common Stock Issued $- $- $- $- $-
Common Stock Repurchased $-20.57M $-2.86M $-41.72M $-11.86M $-4.43M
Dividends Paid $-31.41M $-28.20M $-27.68M $-27.70M $-26.44M
Other Financing Activities $48.28M $-912.00K $-3.50M $-6.52M $-15.10M
Net Cash Used Provided by Financing Activities $-35.04M $-50.20M $-37.21M $-122.85M $-172.25M
Effect of Forex Changes on Cash $1.44M $83.00K $-5.72M $43.00K $555.00K
Net Change in Cash $-1.28M $-29.31M $3.07M $27.01M $6.03M
Cash at End of Period $40.82M $42.10M $71.41M $68.34M $41.33M
Cash at Beginning of Period $42.10M $71.41M $68.34M $41.33M $35.30M
Operating Cash Flow $79.28M $79.52M $126.86M $162.81M $180.45M
Capital Expenditure $-45.22M $-50.60M $-61.32M $-34.31M $-34.85M
Free Cash Flow $34.06M $28.93M $65.54M $128.50M $145.60M

Cash Flow Charts

Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Net Income $-3.47M $-68.16M $1.78M $9.03M $-2.30M $17.69M $8.67M $9.12M $3.65M $-80.96M $2.88M $-1.94M $-19.81M $-3.67M $3.37M $5.15M $-1.99M $7.40M $1.85M $-86.59M
Depreciation and Amortization $22.50M $24.33M $23.66M $23.26M $23.52M $24.72M $23.94M $24.15M $23.73M $23.89M $22.94M $23.72M $33.50M $35.59M $35.39M $35.18M $27.35M $30.64M $30.17M $29.32M
Deferred Income Tax $- $-954.00K $-24.30M $30.00K $-1.00K $-22.31M $412.00K $314.00K $-46.00K $-30.25M $-2.70M $-63.00K $47.00K $3.19M $37.00K $223.00K $707.00K $-4.62M $-5.83M $-8.55M
Stock Based Compensation $4.98M $4.17M $5.33M $4.33M $4.65M $3.67M $5.02M $4.28M $4.33M $3.30M $5.20M $5.22M $3.71M $2.62M $5.71M $4.00M $3.25M $1.02M $2.54M $2.51M
Change in Working Capital $-40.99M $45.11M $4.67M $18.15M $-49.82M $-19.37M $-6.90M $31.41M $-41.08M $42.59M $-21.00M $60.52M $-77.83M $20.50M $-29.19M $11.65M $6.60M $17.88M $25.90M $39.61M
Accounts Receivables $- $- $- $- $- $26.46M $- $- $- $74.01M $- $- $- $-13.42M $- $- $- $24.05M $- $-
Inventory $- $- $- $- $- $-23.99M $- $- $- $-23.46M $- $- $- $-12.84M $- $- $- $5.98M $- $-
Accounts Payables $- $- $- $- $- $-2.47M $- $- $- $-50.55M $- $- $- $- $- $- $- $- $- $-
Other Working Capital $-40.99M $45.11M $4.67M $18.15M $-49.82M $-19.37M $-6.90M $31.41M $-41.08M $42.59M $-27.23M $60.52M $-77.83M $20.50M $-29.19M $11.65M $6.60M $17.88M $25.90M $39.61M
Other Non Cash Items $-8.03M $31.45M $2.36M $53.16M $-3.32M $-1.79M $1.05M $11.66M $-26.80M $83.92M $4.79M $12.41M $33.22M $-2.28M $-637.00K $652.00K $-585.00K $4.52M $2.99M $84.34M
Net Cash Provided by Operating Activities $-25.01M $35.95M $13.49M $57.11M $-27.27M $2.62M $32.20M $80.94M $-36.22M $42.49M $11.64M $99.88M $-27.16M $55.95M $14.68M $56.86M $35.33M $56.84M $57.61M $60.64M
Investments in Property Plant and Equipment $-9.53M $-12.04M $-9.15M $-9.96M $-14.07M $-13.49M $-13.34M $-11.37M $-12.40M $-20.72M $-12.50M $-15.46M $-12.64M $-9.82M $-8.68M $-8.28M $-7.54M $-9.36M $-6.40M $-9.36M
Acquisitions Net $-2.22M $544.00K $- $-5.83M $- $6.70M $-7.75M $-5.83M $-1.76M $-44.12M $35.00K $59.00K $301.00K $-1.20M $-2.52M $-13.10M $- $-1.00M $42.21M $-
Purchases of Investments $- $- $- $- $- $-70.00K $-1.54M $- $- $- $-2.07M $- $-130.00K $- $- $- $- $20.00K $-86.00K $-5.07M
Sales Maturities of Investments $- $- $- $- $- $-6.70M $1.54M $- $- $18.71M $- $3.13M $- $19.17M $- $- $- $9.36M $6.40M $-
Other Investing Activities $13.19M $3.16M $279.00K $208.00K $-113.00K $8.55M $-1.42M $151.00K $4.00K $4.22M $379.00K $3.19M $301.00K $565.00K $146.00K $2.28M $1.69M $-9.14M $-6.19M $118.00K
Net Cash Used for Investing Activities $1.44M $-8.34M $-8.87M $-15.58M $-14.19M $-5.01M $-22.51M $-17.05M $-14.15M $-41.92M $-14.19M $-12.27M $-12.47M $9.91M $-11.05M $-6.01M $-5.85M $-10.12M $35.94M $-14.31M
Debt Repayment $- $-59.12M $-13.85M $-20.95M $62.58M $13.22M $-4.32M $-59.84M $32.72M $21.93M $24.30M $-82.88M $72.34M $-27.74M $4.92M $-35.91M $-18.04M $-34.22M $-113.39M $-303.00K
Common Stock Issued $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Common Stock Repurchased $-4.28M $-49.00K $-3.31M $-35.00K $-17.18M $-39.00K $-79.00K $-288.00K $-2.45M $-7.73M $-21.85M $-9.70M $-2.44M $-5.71M $-1.66M $-249.00K $-4.24M $-2.06M $-21.00K $-506.00K
Dividends Paid $-9.24M $-7.35M $-7.37M $-7.41M $-9.28M $-7.02M $-7.06M $-7.12M $-7.00M $-6.87M $-6.86M $-7.13M $-6.82M $-6.85M $-6.88M $-7.17M $-6.81M $-6.62M $-6.63M $-6.65M
Other Financing Activities $31.95M $35.57M $17.42M $-4.70M $- $1.00K $1.00K $32.00K $-946.00K $-758.00K $-694.00K $-1.32M $-725.00K $-2.72M $-761.00K $-749.00K $-2.29M $-6.26M $-3.63M $-3.87M
Net Cash Used Provided by Financing Activities $18.44M $-30.95M $-7.11M $-33.10M $36.11M $6.16M $-11.46M $-67.22M $22.32M $6.56M $-5.10M $-101.04M $62.36M $-43.02M $-4.38M $-44.08M $-31.38M $-49.16M $-123.67M $-11.33M
Effect of Forex Changes on Cash $-2.17M $1.41M $-265.00K $-858.00K $1.16M $-966.00K $-844.00K $136.00K $1.76M $-1.86M $-2.28M $-652.00K $-928.00K $-733.00K $5.00K $-965.00K $1.74M $870.00K $691.00K $-2.04M
Net Change in Cash $-7.30M $-1.93M $-2.75M $7.58M $-4.18M $2.81M $-2.62M $-3.20M $-26.30M $5.27M $-9.93M $-14.08M $21.81M $22.11M $-750.00K $5.80M $-159.00K $-1.57M $-29.43M $32.95M
Cash at End of Period $33.51M $40.82M $42.74M $45.50M $37.92M $42.10M $39.30M $41.92M $45.12M $71.41M $66.14M $76.07M $90.15M $68.34M $46.23M $46.98M $41.17M $41.33M $42.90M $72.34M
Cash at Beginning of Period $40.82M $42.74M $45.50M $37.92M $42.10M $39.30M $41.92M $45.12M $71.41M $66.14M $76.07M $90.15M $68.34M $46.23M $46.98M $41.17M $41.33M $42.90M $72.34M $39.38M
Operating Cash Flow $-25.01M $35.95M $13.49M $57.11M $-27.27M $2.62M $32.20M $80.94M $-36.22M $42.49M $11.64M $99.88M $-27.16M $55.95M $14.68M $56.86M $35.33M $56.84M $57.61M $60.64M
Capital Expenditure $-9.53M $-12.04M $-9.15M $-9.96M $-14.07M $-13.49M $-13.34M $-11.37M $-12.40M $-20.72M $-12.50M $-15.46M $-12.64M $-9.82M $-8.68M $-8.28M $-7.54M $-9.36M $-6.40M $-9.36M
Free Cash Flow $-34.54M $23.91M $4.35M $47.15M $-41.34M $-10.87M $18.86M $69.56M $-48.62M $21.77M $-857.00K $84.42M $-39.80M $46.14M $6.00M $48.57M $27.79M $47.48M $51.21M $51.28M

Matthews International Dividends

Explore Matthews International's dividend history, including dividend yield, payout ratio, and historical payments.

Dividend Yield

4.38%

Dividend Payout Ratio

-52.65%

Dividend Paid & Capex Coverage Ratio

1.03x

Matthews International Dividend History

Dividend Adjusted Dividend Date Record Date Payment Date Declaration Date
$0.25 $0.25 February 10, 2025 February 10, 2025 February 24, 2025 January 29, 2025
$0.25 $0.25 December 02, 2024 December 02, 2024 December 16, 2024 November 20, 2024
$0.24 $0.24 August 05, 2024 August 05, 2024 August 19, 2024 July 24, 2024
$0.24 $0.24 May 03, 2024 May 06, 2024 May 20, 2024 April 24, 2024
$0.24 $0.24 February 26, 2024 February 05, 2024
$0.24 $0.24 February 02, 2024 February 05, 2024 February 19, 2024 January 24, 2024
$0.24 $0.24 November 24, 2023 November 27, 2023 December 11, 2023 November 15, 2023
$0.23 $0.23 August 04, 2023 August 07, 2023 August 21, 2023 July 26, 2023
$0.23 $0.23 May 05, 2023 May 08, 2023 May 22, 2023 April 26, 2023
$0.23 $0.23 February 03, 2023 February 06, 2023 February 20, 2023 January 25, 2023
$0.23 $0.23 November 25, 2022 November 28, 2022 December 12, 2022 November 16, 2022
$0.22 $0.22 August 05, 2022 August 08, 2022 August 22, 2022 July 27, 2022
$0.22 $0.22 May 06, 2022 May 09, 2022 May 23, 2022 April 28, 2022
$0.22 $0.22 February 04, 2022 February 07, 2022 February 21, 2022 January 27, 2022
$0.22 $0.22 November 26, 2021 November 29, 2021 December 13, 2021 November 17, 2021
$0.215 $0.215 August 06, 2021 August 09, 2021 August 23, 2021 July 28, 2021
$0.215 $0.215 May 07, 2021 May 10, 2021 May 24, 2021 April 28, 2021
$0.215 $0.215 February 05, 2021 February 08, 2021 February 22, 2021 January 27, 2021
$0.215 $0.215 November 27, 2020 November 30, 2020 December 14, 2020 November 18, 2020
$0.21 $0.21 July 31, 2020 August 03, 2020 August 17, 2020 July 23, 2020

Matthews International News

Read the latest news about Matthews International, including recent articles, headlines, and updates.

Matthews International Corporation Announces Clearance of Remaining Foreign Anti-Trust Regulatory Requirements

PITTSBURGH, April 15, 2025 (GLOBE NEWSWIRE) -- Matthews International Incorporation ("Matthews" and/or the "Company") previously reported, in February 2025, the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 in connection with the proposed sale of its interest in SGK Brand Solutions (“SGK”) to a newly formed entity created by affiliates of SGS & Co (“SGS”), which will combine SGK and SGS. Today, the Company has announced the clearance of all remaining foreign anti-trust and competition authority regulatory requirements. As a result, the parties anticipate closing before the end of the current fiscal quarter, subject to the satisfaction of other customary closing conditions.

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Matthews International Announces Second Quarter Fiscal 2025 Earnings Release and Conference Call

PITTSBURGH, April 11, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (Nasdaq GSM: MATW) today announced plans to release its second quarter fiscal year 2025 earnings results after the market closes on Wednesday, April 30, 2025.

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Matthews International Shareholders Elect All Three of Matthews' Director Nominees at 2025 Annual Meeting

PITTSBURGH, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) (“Matthews” or the “Company”), celebrating its 175th year of continuous operation, today announced that, based on preliminary vote results provided by its proxy solicitor following the Company's 2025 Annual Meeting of Shareholders, Matthews' shareholders have voted to elect all three of the Company's director nominees – Terry L. Dunlap, Alvaro Garcia-Tunon and J. Michael Nauman – to the Company's Board of Directors.

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Leading Proxy Advisory Firm ISS Reaffirms its Unanimous Recommendation for the Election of ALL of Barington Capital's Nominees Ana Amicarella, Chan Galbato and James Mitarotonda to the Matthews Board

ISS Finds "the Board Should Have Already Taken Steps to Install These Provisions, Rather Than Ignoring Them Until the Final Stage of a Proxy Contest" ISS Notes that "Without Further Board Change at This Meeting, Pending Decisions About Board Composition and Other Important Matters Will Remain Subject to the Influence of Directors Who Enabled the Disappointing Circumstances Culminating in This Proxy Contest" Recommends Shareholders Vote "WITHHOLD" on Matthews' Nominees Terry L. Dunlap, Alvaro Garcia-Tunon and J.

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Matthews International Has the Right Strategy, the Right Board and the Right Management Team to Continue to Drive Long-Term, Sustainable Shareholder Value

Failure to Elect All Three of Matthews' Director Nominees Will Lead to Short-Term Oversight by Individuals Who Have No Knowledge of Matthews' Businesses

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Barington Capital Strongly Urges Matthews International Shareholders to Protect Their Investment by Electing Ana Amicarella, Chan Galbato and James Mitarotonda to the Matthews Board

A Vote "FOR" Barington's Nominees is a Vote in Favor of the Relevant Skills, Board Experience, Independent Perspectives and Fierce Commitment to Shareholders Required to Help Drive Good Governance and  Long-Term Value Creation at Matthews Warns Shareholders NOT  to Be Misled by Matthews' Blatant Last-Minute Attempts to Placate Shareholders Days Before the 2025 Annual Meeting of Shareholders Reaffirms that the Incumbent Board Has Overseen 18 Years of Underperformance, Unacceptable Capital Allocation and Operating Execution, and Poor Corporate Governance Strongly Encourages Shareholders to Follow the Recommendations of Leading Independent Proxy Advisory Firms ISS, Glass Lewis, and Egan-Jones and Voting "FOR" ALL  of Barington's Nominees NEW YORK , Feb. 18, 2025 /PRNewswire/ -- Barington Capital Group, L.P. ("Barington Capital"), a fundamental, value-oriented activist investor that, together with the other participants in its solicitation (collectively "Barington" or "we"), beneficially owns approximately 2.2% of the outstanding shares of common stock of Matthews International Corporation (NASDAQ: MATW) ("Matthews" or the "Company"), urges all Matthews shareholders to protect their investment and help drive value creation at the Company by voting "FOR" the election of Barington's nominees – Ana Amicarella, Chan Galbato and James Mitarotonda – to the Matthews Board of Directors (the "Board") ahead of Matthews' 2025 Annual Meeting of Shareholders (the "Annual Meeting") scheduled to be held this Thursday, February 20, 2025.

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Barington Capital Calls on Matthews International Shareholders to Elect Ana Amicarella, Chan Galbato and James Mitarotonda to the Matthews Board to Help Restore Good Governance and Drive Value Creation

Sends Letter to Matthews' Shareholders Highlighting the Company's Poor Governance, Deeply Troubling Board Culture and Desperate, Last-Ditch Effort to Placate Shareholders Ahead of 2025 Annual Meeting Believes Matthews' Proposed Governance Improvements and Sale of SGK Brand Solutions Division Are a Direct Response to Barington's Positive Influence and that Shareholders Remain at Risk Without Barington's Nominees on the Board Urges Matthews Shareholders to Vote "FOR" the Election of  ALL  of Barington Capital's Highly Qualified Nomin ees Whose Proven Board Effectiveness, Relevant Skills and Backgrounds, and Fierce Commitment to Shareholders Will Benefit ALL Matthews Shareholders NEW YORK , Feb. 17, 2025 /PRNewswire/ -- Barington Capital Group, L.P. ("Barington Capital"), a fundamental, value-oriented activist investor that, together with the other participants in its solicitation (collectively "Barington" or "we"), beneficially owns approximately 2.2% of the outstanding shares of common stock of Matthews International Corporation (NASDAQ: MATW) ("Matthews" or the "Company"), today sent a letter to the Company's shareholders urging them to elect Barington's highly qualified director nominees – Ana B.

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U.S. District Court Judge Once Again Denies Tesla's Request to Block Matthews International from Selling Its Innovative Dry Battery Electrode Solutions to Others

PITTSBURGH, Feb. 17, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) (“Matthews” or the “Company”) today announced that a U.S. District Court Judge has issued an order denying Tesla's renewed request to block Matthews' right to sell its innovative DBE solutions to existing and potential global customers. The Company issued the following statement:

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Barington Capital Responds to Matthews International's Desperate Effort to Manipulate Board Election

Urges Shareholders Not to be Fooled by the Company's 11th Hour Governance Changes: Clearly A Direct Reaction to Barington's Nomination Encourages Shareholders to Follow the Recommendations of Leading Independent Proxy Advisory Firms ISS, Glass Lewis, and Egan-Jones by Voting the  GOLD  Proxy Card "FOR" the Election of ALL of Barington's Nominees NEW YORK , Feb. 14, 2025 /PRNewswire/ -- Barington Capital Group, L.P. ("Barington Capital"), a fundamental, value-oriented activist investor that, together with the other participants in its solicitation (collectively "Barington" or "we"), beneficially owns approximately 2.2% of the outstanding shares of Matthews International Corporation (NASDAQ: MATW) ("Matthews" or the "Company"), today issued a statement in response to Matthews' recently announced corporate governance changes.

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Matthews International Announces Significant Governance Enhancements

Announces Transition of Board Chair and Future Appointment of Independent Director with Significant Battery and EV Technology Experience; New Director to be Appointed in the Near-Term

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Matthews International Highlights Support from Investment Community Following Fiscal 2025 First Quarter Earnings Announcement

GAMCO Asset Management, Top 5 and Long-Term Shareholder, Endorses Matthews' Director Nominees Urges Shareholders to Vote “FOR” All Three of Matthews' Director Nominees on the WHITE Proxy Card and “WITHHOLD” on Barington's Director Nominees PITTSBURGH, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (Nasdaq GSM: MATW) (“Matthews” or the “Company”) today commented on the significant support it has received from its sell-side analysts following its recent fiscal 2025 first quarter earnings announcement. On February 6, 2025, Matthews announced financial results for its first quarter of fiscal 2025, highlighting that Memorialization and SGK Brand Solutions continued their solid performance, and that the Industrial Technologies segment was challenged by the impact of the Tesla litigation.

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Barington Capital Sends Letter to Matthews International Shareholders Urging Them to Vote GOLD "FOR" the Election of ALL of Barington's Nominees to the Matthews Board

Highlights Unanimous Support of Barington's Director Nominees by Leading Proxy Advisory Firms ISS, Glass Lewis and Egan-Jones Believes Matthews' Poor Fiscal 2025 First Quarter Earnings Results Further Demonstrates Management's Pattern of False Hope and Empty Promises Barington's Nominees Bring the Skills, Experience and Fresh Perspectives Required to Help Drive Meaningful Change and Long-Term Value Creation at Matthews NEW YORK , Feb. 12, 2025 /PRNewswire/ -- Barington Capital Group, L.P. ("Barington Capital"), a fundamental, value-oriented activist investor that, together with the other participants in its solicitation (collectively "Barington" or "we"), beneficially owns approximately 2.1% of the outstanding shares of common stock of Matthews International Corporation (NASDAQ: MATW) ("Matthews" or the "Company"), today sent a letter to the Company's shareholders highlighting unanimous support for the election of its director nominees – Ana B.

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Leading Proxy Advisory Firm Glass Lewis Joins ISS and Egan-Jones in Recommending Matthews International Shareholders Vote the GOLD Proxy Card "FOR" ALL of Barington Capital's Nominees: Ana Amicarella, Chan Galbato and James Mitarotonda

Glass Lewis Finds Matthews Has "Persistently Deteriorated and Consistently Underperformed During Substantially All Measurement Periods, Including During the Fullness of Mr. Bartolacci's  Tenure as CEO" Asserts Barington "Has Offered Investors a Reasonable, Credible and Incremental Slate of Candidates" and a "More Promising Roadmap" for the Company Recommends Shareholders Vote "WITHHOLD" on Matthews' Nominees Terry L.

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Matthews International Issues Statement Following ISS Report

PITTSBURGH, Feb. 07, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (Nasdaq GSM: MATW) (“Matthews” or the “Company”) issued the following statement regarding a February 6, 2025 report by Institutional Shareholder Services ("ISS"):

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Matthews International Corporation (MATW) Q1 2025 Earnings Call Transcript

Matthews International Corporation (NASDAQ:MATW ) Q1 2025 Earnings Conference Call February 7, 2025 9:00 AM ET Company Participants Steve Nicola - CFO Joe Bartolacci - President and CEO Conference Call Participants Liam Burke - B. Riley Daniel Moore - CJS Securities Justin Bergner - Gabelli Colin Rusch - Oppenheimer Steve Percoco - Lark Research Ethan Kalis - Bank of America Operator Greetings, and welcome to the Matthews International First Quarter Fiscal 2025 Financial Results Conference Call.

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Leading Proxy Advisory Firm ISS Recommends Matthews International Shareholders Vote Barington Capital's GOLD Proxy Card "FOR" ALL of Barington Capital's Nominees: Ana Amicarella, Chan Galbato and James Mitarotonda

ISS Finds Incumbent Board has "Failed to Exercise Effective Oversight of Management" and "Continues to Suffer from Major Deficiencies with Independence that Necessitate Further Change" ISS Recommends Shareholders Vote "WITHHOLD" on Matthews' Nominees Terry L. Dunlap, Alvaro Garcia-Tunon and J.

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Matthews International (MATW) Q1 Earnings and Revenues Miss Estimates

Matthews International (MATW) came out with quarterly earnings of $0.14 per share, missing the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.37 per share a year ago.

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Matthews International Reports Results for Fiscal 2025 First Quarter

Fiscal 2025 First Quarter Financial Highlights: Company maintains outlook for fiscal 2025 (subject to the completion of the SGK Brand Solutions (SGK) transaction) Positive arbitration ruling affirms Company's right to sell its DBE solutions Cost reduction program on track Regulatory filings for SGK transaction initiated; continue to expect transaction to be completed by mid-2025 with proceeds applied substantially to debt reduction Webcast: Friday, February 7, 2025, 9:00 a.m., (201) 689-8471 PITTSBURGH, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) today announced financial results for its first quarter of fiscal 2025.

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Matthews International Announces Positive Ruling in Arbitration with Tesla

Arbitrator affirms Matthews' right to continue selling its proprietary Dry Battery Electrode technology to other customers Arbitrator affirms Matthews' right to continue selling its proprietary Dry Battery Electrode technology to other customers

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GAMCO Supports Matthews International's Nominees at 2025 Annual Meeting

GREENWICH, Conn.--(BUSINESS WIRE)--GAMCO Asset Management Inc. (“GAMCO”), an affiliate of GAMCO Investors, Inc. (OTCQX: GAMI), along with certain other affiliates, collectively owns approximately 4.39% of the outstanding common stock of Matthews International Corporation (NasdaqGS: MATW) (“Matthews” or the “Company”) on behalf of its clients. GAMCO understands that Barington Companies Equity Partners, L.P. (“Barington”) has notified Matthews of its intent to nominate three candidates for electi.

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Facts Don't Lie: Barington Capital Sends Letter to Matthews International Shareholders Debunking the Company's False Narratives and Reinforcing its Case for Change

Highlights Matthews' Longstanding Culture of Deceit Most Recently Evidenced by its  Meandering and Misguided 68-page Presentation Believes Matthews' Status Quo is Untenable and the Election of Ana Amicarella, Chan Galbato and James Mitarotonda is Required to Drive Much-Needed Change and Long-Term Value Creation Urges Shareholders to Vote the GOLD  Proxy Card "FOR"  the Election of ALL of Barington Capital's Nominees NEW YORK , Jan. 30, 2025 /PRNewswire/ -- Barington Capital Group, L.P. ("Barington Capital"), a fundamental, value-oriented activist investor that, together with the other participants in its solicitation (collectively "Barington" or "we"), beneficially owns approximately 1.9% of the outstanding shares of common stock of Matthews International Corporation (NASDAQ: MATW) ("Matthews" or the "Company"), today sent a letter to the Company's shareholders highlighting the excuses, half-truths and lofty promises Matthews recently published in a meandering and blatantly misguided 68-page investor presentation.

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Matthews International Declares Quarterly Dividend

PITTSBURGH, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) announced that its Board of Directors declared, at its regularly scheduled meeting today, a dividend of $0.25 per share on the Company's common stock.

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Proxy Advisory Firm Egan-Jones Recommends Matthews International Shareholders Vote Barington Capital's GOLD Proxy Card "FOR" ALL of Barington Capital's Nominees

Egan-Jones Recommends Shareholders Vote "WITHHOLD" on Matthews' Nominees Terry L. Dunlap, Alvaro Garcia-Tunon and J.

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Matthews Files Investor Presentation Highlighting Commitment to Shareholder Value Creation

Urges Shareholders to Vote “FOR” All Three of Matthews' Director Nominees on the WHITE Proxy Card and “WITHHOLD” on Barington's Director Nominees Urges Shareholders to Vote “FOR” All Three of Matthews' Director Nominees on the WHITE Proxy Card and “WITHHOLD” on Barington's Director Nominees

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Barington Capital Group Releases Investor Presentation Outlining the Path to Maximizing Value at Matthews International Corporation

Details Prolonged Period of Shareholder Value Destruction Caused by Poor Performance, Poor Operating Execution and Poor Capital Allocation Believes CEO and Incumbent Board Are Ineffective, Over Tenured and Entrenched and Cannot be Trusted to Oversee Much-Needed Change Following Years of Empty Promises Barington's Nominees Bring the Leadership Experience and Sector Expertise the Board Urgently Needs to Unlock Matthews' Embedded Value Urges Shareholders to Vote the GOLD  Proxy Card "FOR" the Election of ALL  of Barington Capital's Nominees NEW YORK , Jan. 23, 2025 /PRNewswire/ -- Barington Capital Group, L.P. ("Barington Capital"), a fundamental, value-oriented activist investor that, together with the other participants in its solicitation (collectively "Barington" or "we"), beneficially owns approximately 1.9% of the outstanding shares of Matthews International Corporation (NASDAQ: MATW) ("Matthews" or the "Company"), today announced that it has released a comprehensive presentation outlining the path to maximizing value at Matthews following a prolonged period of shareholder value destruction overseen by the Company's long-tenured Board of Directors (the "Board") and Chief Executive Officer.

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Best Value Stocks to Buy for January 23rd

MATW, BBCP and RITM made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 23, 2025.

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Best Income Stocks to Buy for January 23rd

RITM, MATW and FG made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 23, 2025.

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Change Must Begin at the Top: Barington Capital Sends Letter to Matthews International Shareholders Highlighting its Director Nominees' Substantial CEO Experience, Relevant Sector Expertise and Deep Commitment to Shareholder Value Creation

Barington Capital Believes Electing Ana Amicarella, Chan Galbato and James Mitarotonda to the Matthews Board Will Best Position the Board to Unlock the Value Embedded Within the Company Current Board is Radically Entrenched, Long Tenured and Incapable of Holding Management Accountable for 18 Years of Value Erosion Urges Shareholders to Vote the GOLD  Proxy Card "FOR"  the Election of ALL  of Barington Capital's Nominees NEW YORK , Jan. 21, 2025 /PRNewswire/ -- Barington Capital Group, L.P. ("Barington Capital"), a fundamental, value-oriented activist investor that, together with the other participants in its solicitation (collectively "Barington" or "we"), beneficially owns approximately 1.9% of the outstanding shares of common stock of Matthews International Corporation (NASDAQ: MATW) ("Matthews" or the "Company"), today sent a letter to the Company's shareholders highlighting the Barington director nominees' substantial CEO experience, relevant sector expertise and commitment to shareholder value creation.

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New Strong Buy Stocks for January 13th

ADEA, EE, MATW, BRBR and FMAO have been added to the Zacks Rank #1 (Strong Buy) List on January 13, 2025.

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Matthews International Announces First Quarter Fiscal 2025 Earnings Release and Conference Call

PITTSBURGH, Jan. 10, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (Nasdaq GSM: MATW) today announced plans to release its first quarter fiscal year 2025 earnings results after the market closes on Thursday, February 6, 2025.

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