Matthews International Corporation

MATWNASDAQIndustrials● Active

$25.44

+$0.09(+0.36%)

Market Cap$793789056

P/E Ratio—

52W High$30.93

52W Low$20.74

Avg Volume217K

Open$25.59

Beta1.09

Free Cash Flow Financials Revenue

Matthews International Corporation (MATW) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

MATW · free cash flow · updated Jun 8, 2026

Core FCF metrics

MATW · FCF · TTM · margin & CAGR

Free cash flow was −$59.4M for FY2025 (fiscal year ending 2025-09-30), down 274.3% year-over-year The FCF margin was -4.0%.

FY2025 Free Cash Flow−$59.4M▼ -274.3% YoY

Trailing 12M (TTM)−$99.1Mtrailing 4 quarters sum

FCF Margin-4.0%−$59.4M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

MATW · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest−$23.6M(36M)−$59.4M▼ 274.3%-4.0%

FY2024$79.3M(45M)$34.1M▲ +17.8%1.9%

FY2023$79.5M(51M)$28.9M▼ 55.9%1.5%

FY2022$126.9M(61M)$65.5M▼ 49.0%3.7%

FY2021$162.8M(34M)$128.5M▼ 11.7%7.7%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

MATW · P/FCF · FCF yield · FCF per share

Matthews International Corporation (MATW) reported negative free cash flow of −$0.06B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-09-30

Cash flow statement summary

MATW · cash flow statement · operating / investing / financing

For FY2025, Matthews International Corporation generated −$23.6M in operating cash flow and spent 36M in capital expenditures, yielding −$59.4M in free cash flow.

Operating Activities

−$23.6M

Cash from core business operations

2025-09-30

Investing Activities

+$159.6M

CapEx, acquisitions & investments

2025-09-30

Financing Activities

−$144.3M

Buybacks, dividends & debt

2025-09-30

FCF FormulaOperating CF (−$23.6M) − |CapEx| (36M) = FCF (−$59.4M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

MATW vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Matthews International CorporationYOU

MATW

−$59.4M-274.3%-4.0%

Loss

Space Exploration Technologies Corp.

SPCX

−$13.95B-159.0%-74.7%

Loss

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Matthews International Corporation (MATW) reported free cash flow of −$59.4M for FY2025 (fiscal year ending 2025-09-30), down 274.3% year-over-year. The FCF margin was -4.0%.

Based on available data, Matthews International Corporation has maintained positive free cash flow for at least 14 fiscal year(s). FCF peaked at $145.6M in FY2020.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

MATW free cash flow · 8 questions

Matthews International Corporation free cash flow was −$59.4M for FY2025, down 274.3% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$99.1M.

MATW free cash flowMATW FCFMATW FCF 2025MATW free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Matthews International Corporation · Matthews International Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026