Matthews International

Matthews International operates as a designer, manufacturer, and marketer of memorialization products brand solutions. Today, the Company is divided into three distinct business segments: Brand Solutions, Memorialization and Industrial.

Matthews Brand Solutions segment involves in graphics imaging business, including Schawk, and the merchandising solutions operations. The Memorialization segment offers comprise bronze memorials, burial caskets, cremation operations, and related products and accessories for the cemetery and funeral home industries. Matthews Industrial Solutions segment designs, manufactures and distributes a wide range of marking, coding and industrial automation technologies and solutions.

Type
Public
HQ
Pittsburgh, US
Founded
1850
Size (employees)
10,300 (est)
Website
matw.com
Matthews International was founded in 1850 and is headquartered in Pittsburgh, US

Matthews International Office Locations

Matthews International has an office in Pittsburgh
Pittsburgh, US (HQ)
2 Parkway Center Dr S

Matthews International Data and Metrics

Matthews International Financial Metrics

Matthews International's revenue was reported to be $380.9 m in Q2, 2017
USD

Revenue (Q2, 2017)

380.9 m

Gross profit (Q2, 2017)

623.4 m

Gross profit margin (Q2, 2017), %

164%

Net income (Q2, 2017)

23.8 m

EBIT (Q2, 2017)

26.8 m

Market capitalization (25-Jul-2017)

2.1 b

Cash (31-Mar-2017)

43.6 m
Matthews International's current market capitalization is $2.1 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

985.4 m1.1 b1.4 b1.5 b

Revenue growth, %

12%29%4%

Cost of goods sold

628.8 m714.1 m896.7 m(924 m)

Gross profit

356.5 m392.5 m529.4 m2.4 b

Gross profit Margin, %

36%35%37%162%

General and administrative expense

154.8 m191.7 m

Operating expense total

154.8 m191.7 m

EBIT

95.8 m82.9 m105 m118.8 m

EBIT margin, %

10%7%7%8%

Interest expense

12.9 m12.6 m20.6 m(24.3 m)

Pre tax profit

81.4 m67.8 m89.7 m95.2 m

Income tax expense

26.7 m23.5 m(26.4 m)(29.1 m)

Net Income

54.8 m44.3 m63.3 m66.2 m
USDQ2, 2015Q3, 2015Q1, 2015Q2, 2016Q3, 2016Q1, 2016Q2, 2017

Revenue

349.4 m364.8 m354.2 m367.2 m382.1 m349 m380.9 m

Cost of goods sold

(221.7 m)(229.3 m)(227.7 m)(229.4 m)(236.8 m)(221.7 m)(242.5 m)

Gross profit

571.1 m594.1 m581.9 m596.6 m618.8 m570.7 m623.4 m

Gross profit Margin, %

163%163%164%162%162%164%164%

General and administrative expense

(108.4 m)(108 m)(114.5 m)(111.3 m)(104.6 m)(108.2 m)(111.6 m)

Operating expense total

(108.4 m)(108 m)(114.5 m)(111.3 m)(104.6 m)(108.2 m)(111.6 m)

EBIT

19.3 m27.4 m12 m26.4 m40.7 m19.1 m26.8 m

EBIT margin, %

6%8%3%7%11%5%7%

Interest expense

(4.9 m)(4.8 m)(5.8 m)(6 m)(6.3 m)(6.1 m)(6.6 m)

Pre tax profit

13.8 m32.5 m6 m20.4 m35.4 m12.7 m20.8 m

Income tax expense

(4.4 m)(9.2 m)(1.5 m)(6.2 m)(11.6 m)(3.7 m)(6 m)

Net Income

9.4 m23.2 m4.5 m18.8 m42.6 m9 m23.8 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

58 m75.6 m72.2 m55.7 m

Accounts Receivable

8 m

Inventories

130.8 m152.8 m171.4 m162.5 m

Current Assets

406 m573.9 m624.7 m574.2 m

PP&E

180.7 m209.3 m227.4 m219.5 m

Goodwill

524.6 m819.5 m855.7 m851.5 m

Total Assets

1.2 b2 b2.2 b2.1 b

Accounts Payable

45.2 m72 m68.9 m58.1 m

Total Debt

844.8 m

Current Liabilities

184 m253.3 m249.1 m259.3 m

Total Liabilities

1.4 b

Additional Paid-in Capital

47.3 m113.2 m115.9 m117.1 m

Retained Earnings

775.8 m806 m844 m896.2 m

Total Equity

552.9 m782.9 m734 m709.3 m

Debt to Equity Ratio

1.2 x

Debt to Assets Ratio

0.4 x

Financial Leverage

2.2 x2.6 x2.9 x2.9 x
USDQ3, 2014Q1, 2014Q2, 2015Q3, 2015Q1, 2015Q2, 2016Q3, 2016Q1, 2016Q2, 2017

Cash

80.6 m69.5 m63.1 m69.8 m65.1 m59.3 m74.5 m106.4 m43.6 m

Accounts Receivable

199.5 m267.6 m261.9 m268.3 m268.1 m273.8 m285.2 m286.3 m302.6 m

Inventories

141.9 m154.5 m146.6 m142.9 m171.6 m169.3 m166.7 m165.6 m174.8 m

Current Assets

454.8 m546.3 m540.7 m548.9 m584.6 m578.6 m599.7 m612.4 m584.1 m

PP&E

175 m205.9 m198.2 m199 m226.8 m229.4 m222.3 m209.6 m223.6 m

Goodwill

527.2 m805.1 m783.4 m788.9 m851.5 m865.6 m854.4 m841.2 m867.9 m

Total Assets

1.3 b2 b1.9 b1.9 b2.1 b2.1 b2.1 b2.1 b2.2 b

Accounts Payable

53.4 m53 m60 m61.4 m62.8 m60 m58.1 m58.8 m62.5 m

Current Liabilities

192.1 m221.5 m228.4 m249 m223.5 m230.1 m265.9 m239.4 m278.6 m

Common Stock

36.3 m36.3 m36.3 m36.3 m36.3 m36.3 m36.3 m36.3 m36.3 m

Additional Paid-in Capital

48.6 m110.8 m112.1 m114.4 m108.7 m110.8 m113.7 m115.3 m118 m

Retained Earnings

805.2 m816.7 m822 m831.9 m843.7 m853.3 m872.5 m899.9 m909.4 m

Total Equity

589.7 m765.3 m728.7 m751.5 m719.7 m744.2 m695.4 m688.4 m704.3 m

Financial Leverage

2.1 x2.6 x2.6 x2.6 x3 x2.9 x3.1 x3.1 x3.1 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

54.8 m44.3 m63.3 m66.2 m

Depreciation and Amortization

37.9 m42.9 m62.6 m65.5 m

Cash From Operating Activities

109.3 m92.4 m141.1 m140.3 m

Capital Expenditures

(24.9 m)(29.2 m)(48.3 m)(41.7 m)

Cash From Investing Activities

(98.6 m)(411.1 m)(263.2 m)(47.1 m)

Long-term Borrowings

(83.3 m)(58.4 m)(100.2 m)(120.4 m)

Cash From Financing Activities

(11.8 m)338.1 m131.2 m(108.8 m)

Interest Paid

13.1 m12.6 m19.7 m24.1 m

Income Taxes Paid

29.4 m16.2 m11.7 m11.9 m

Free Cash Flow

134.3 m121.6 m189.3 m98.6 m
USDQ3, 2014Q1, 2014Q2, 2015Q3, 2015Q1, 2015Q2, 2016Q3, 2016Q1, 2016Q2, 2017

Net Income

9.4 m23.2 m4.5 m18.8 m42.6 m9 m23.8 m

Depreciation and Amortization

15.7 m32.2 m49.3 m15.2 m32.3 m

Accounts Receivable

199.5 m267.6 m261.9 m268.3 m

Inventories

141.9 m154.5 m146.6 m142.9 m

Accounts Payable

53.4 m53 m60 m61.4 m

Cash From Operating Activities

10 m51.9 m98.4 m16 m44.3 m

Capital Expenditures

(14.2 m)(23.9 m)(32.7 m)(5.1 m)(13.3 m)

Cash From Investing Activities

(13.3 m)(28.9 m)(38.3 m)(15.8 m)(104.9 m)

Long-term Borrowings

(10.4 m)(38 m)(61.3 m)(67.5 m)(169 m)

Cash From Financing Activities

(2.7 m)(36.1 m)(57.2 m)54 m50.5 m

Free Cash Flow

(4.1 m)27.9 m65.7 m11 m31 m
USDY, 2017

Revenue/Employee

37 k

Financial Leverage

3.1 x

Matthews International Market Value History

Matthews International Company Life and Culture

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