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Side-by-side financial comparison of Embecta Corp. (EMBC) and MATTHEWS INTERNATIONAL CORP (MATW). Click either name above to swap in a different company.

MATTHEWS INTERNATIONAL CORP is the larger business by last-quarter revenue ($284.8M vs $261.2M, roughly 1.1× Embecta Corp.). Embecta Corp. runs the higher net margin — 16.9% vs 15.3%, a 1.6% gap on every dollar of revenue. On growth, Embecta Corp. posted the faster year-over-year revenue change (-0.3% vs -29.1%). Embecta Corp. produced more free cash flow last quarter ($16.6M vs $-57.2M).

Embecta Corp. is a global medical technology company focused on diabetes care solutions. It designs, manufactures and distributes a full portfolio of products including insulin pen needles, syringes, infusion set components and related delivery devices, serving patients, healthcare providers and biopharmaceutical partners across North America, Europe, Asia Pacific and other major markets.

Matthews Aurora Funeral Solutions is one of the largest manufacturers of caskets and funerary urns in the United States, selling over 38% of the country's caskets as of 2005. The Aurora, Indiana–based company is a subsidiary of Pittsburgh-based Matthews International. The company makes both wooden and metal caskets and urns for holding cremated remains. It also provides supplies and consulting services for funeral homes.

EMBC vs MATW — Head-to-Head

Bigger by revenue
MATW
MATW
1.1× larger
MATW
$284.8M
$261.2M
EMBC
Growing faster (revenue YoY)
EMBC
EMBC
+28.9% gap
EMBC
-0.3%
-29.1%
MATW
Higher net margin
EMBC
EMBC
1.6% more per $
EMBC
16.9%
15.3%
MATW
More free cash flow
EMBC
EMBC
$73.8M more FCF
EMBC
$16.6M
$-57.2M
MATW

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
EMBC
EMBC
MATW
MATW
Revenue
$261.2M
$284.8M
Net Profit
$44.1M
$43.6M
Gross Margin
61.9%
35.0%
Operating Margin
31.9%
34.2%
Net Margin
16.9%
15.3%
Revenue YoY
-0.3%
-29.1%
Net Profit YoY
1356.6%
EPS (diluted)
$0.74
$1.39

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EMBC
EMBC
MATW
MATW
Q4 25
$261.2M
$284.8M
Q3 25
$264.0M
Q2 25
$295.5M
Q1 25
$259.0M
Q4 24
$261.9M
Q3 24
$286.1M
Q2 24
$272.5M
Q1 24
$287.2M
Net Profit
EMBC
EMBC
MATW
MATW
Q4 25
$44.1M
$43.6M
Q3 25
$26.4M
Q2 25
$45.5M
Q1 25
$23.5M
Q4 24
$0
Q3 24
$14.6M
Q2 24
$14.7M
Q1 24
$28.9M
Gross Margin
EMBC
EMBC
MATW
MATW
Q4 25
61.9%
35.0%
Q3 25
60.0%
Q2 25
66.7%
Q1 25
63.4%
Q4 24
60.0%
Q3 24
60.7%
Q2 24
69.8%
Q1 24
64.6%
Operating Margin
EMBC
EMBC
MATW
MATW
Q4 25
31.9%
34.2%
Q3 25
21.4%
Q2 25
31.8%
Q1 25
24.3%
Q4 24
11.0%
Q3 24
9.2%
Q2 24
20.5%
Q1 24
13.6%
Net Margin
EMBC
EMBC
MATW
MATW
Q4 25
16.9%
15.3%
Q3 25
10.0%
Q2 25
15.4%
Q1 25
9.1%
Q4 24
Q3 24
5.1%
Q2 24
5.4%
Q1 24
10.1%
EPS (diluted)
EMBC
EMBC
MATW
MATW
Q4 25
$0.74
$1.39
Q3 25
$0.44
Q2 25
$0.78
Q1 25
$0.40
Q4 24
$0.00
Q3 24
$0.24
Q2 24
$0.25
Q1 24
$0.50

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EMBC
EMBC
MATW
MATW
Cash + ST InvestmentsLiquidity on hand
$201.3M
$31.4M
Total DebtLower is stronger
$529.8M
Stockholders' EquityBook value
$-613.1M
$543.2M
Total Assets
$1.1B
$1.6B
Debt / EquityLower = less leverage
0.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EMBC
EMBC
MATW
MATW
Q4 25
$201.3M
$31.4M
Q3 25
$225.5M
Q2 25
$230.6M
Q1 25
$209.3M
Q4 24
$210.0M
Q3 24
$267.5M
Q2 24
$275.1M
Q1 24
$299.8M
Total Debt
EMBC
EMBC
MATW
MATW
Q4 25
$529.8M
Q3 25
$1.4B
Q2 25
Q1 25
Q4 24
Q3 24
$1.6B
Q2 24
Q1 24
Stockholders' Equity
EMBC
EMBC
MATW
MATW
Q4 25
$-613.1M
$543.2M
Q3 25
$-650.6M
Q2 25
$-669.6M
Q1 25
$-736.2M
Q4 24
$-768.8M
Q3 24
$-738.3M
Q2 24
$-763.7M
Q1 24
$-769.6M
Total Assets
EMBC
EMBC
MATW
MATW
Q4 25
$1.1B
$1.6B
Q3 25
$1.1B
Q2 25
$1.2B
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
$1.3B
Q2 24
$1.3B
Q1 24
$1.2B
Debt / Equity
EMBC
EMBC
MATW
MATW
Q4 25
0.98×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EMBC
EMBC
MATW
MATW
Operating Cash FlowLast quarter
$17.2M
$-52.0M
Free Cash FlowOCF − Capex
$16.6M
$-57.2M
FCF MarginFCF / Revenue
6.4%
-20.1%
Capex IntensityCapex / Revenue
0.2%
1.8%
Cash ConversionOCF / Net Profit
0.39×
-1.19×
TTM Free Cash FlowTrailing 4 quarters
$205.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EMBC
EMBC
MATW
MATW
Q4 25
$17.2M
$-52.0M
Q3 25
$84.0M
Q2 25
$81.2M
Q1 25
$31.8M
Q4 24
$-5.3M
Q3 24
$26.6M
Q2 24
$-2.1M
Q1 24
$24.3M
Free Cash Flow
EMBC
EMBC
MATW
MATW
Q4 25
$16.6M
$-57.2M
Q3 25
$76.7M
Q2 25
$80.8M
Q1 25
$31.7M
Q4 24
$-6.8M
Q3 24
Q2 24
$-11.8M
Q1 24
$20.9M
FCF Margin
EMBC
EMBC
MATW
MATW
Q4 25
6.4%
-20.1%
Q3 25
29.1%
Q2 25
27.3%
Q1 25
12.2%
Q4 24
-2.6%
Q3 24
Q2 24
-4.3%
Q1 24
7.3%
Capex Intensity
EMBC
EMBC
MATW
MATW
Q4 25
0.2%
1.8%
Q3 25
2.8%
Q2 25
0.1%
Q1 25
0.0%
Q4 24
0.6%
Q3 24
0.0%
Q2 24
3.6%
Q1 24
1.2%
Cash Conversion
EMBC
EMBC
MATW
MATW
Q4 25
0.39×
-1.19×
Q3 25
3.18×
Q2 25
1.78×
Q1 25
1.35×
Q4 24
Q3 24
1.82×
Q2 24
-0.14×
Q1 24
0.84×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EMBC
EMBC

Pen Needles$185.5M71%
Safety$37.3M14%
Syringes$30.7M12%
Manufacturing Facility$4.1M2%

MATW
MATW

Segment breakdown not available.

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