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Side-by-side financial comparison of HF Foods Group Inc. (HFFG) and Mativ Holdings, Inc. (MATV). Click either name above to swap in a different company.

Mativ Holdings, Inc. is the larger business by last-quarter revenue ($463.1M vs $308.0M, roughly 1.5× HF Foods Group Inc.). Mativ Holdings, Inc. runs the higher net margin — 21.8% vs -12.1%, a 33.9% gap on every dollar of revenue. On growth, Mativ Holdings, Inc. posted the faster year-over-year revenue change (1.0% vs 0.9%). HF Foods Group Inc. produced more free cash flow last quarter ($12.1M vs $8.0M). Over the past eight quarters, HF Foods Group Inc.'s revenue compounded faster (2.1% CAGR vs -3.8%).

HF Sinclair Corporation is an American energy company that manufactures and sells products such as gasoline, diesel fuel, jet fuel, renewable diesel, specialty lubricant products, specialty chemicals, and specialty and modified asphalt, among others. It is based in Dallas, Texas, United States.

Mativ Holdings, Inc. is a global specialty materials manufacturer producing high-performance advanced polymers, nonwovens, filtration solutions, and functional coated materials. It serves healthcare, industrial, consumer goods, aerospace, and energy segments, with operations across North America, Europe, and Asia Pacific.

HFFG vs MATV — Head-to-Head

Bigger by revenue
MATV
MATV
1.5× larger
MATV
$463.1M
$308.0M
HFFG
Growing faster (revenue YoY)
MATV
MATV
+0.1% gap
MATV
1.0%
0.9%
HFFG
Higher net margin
MATV
MATV
33.9% more per $
MATV
21.8%
-12.1%
HFFG
More free cash flow
HFFG
HFFG
$4.1M more FCF
HFFG
$12.1M
$8.0M
MATV
Faster 2-yr revenue CAGR
HFFG
HFFG
Annualised
HFFG
2.1%
-3.8%
MATV

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HFFG
HFFG
MATV
MATV
Revenue
$308.0M
$463.1M
Net Profit
$-37.3M
$100.8M
Gross Margin
16.6%
18.8%
Operating Margin
-12.8%
2.2%
Net Margin
-12.1%
21.8%
Revenue YoY
0.9%
1.0%
Net Profit YoY
15.0%
6620.0%
EPS (diluted)
$-0.70
$1.87

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
HFFG
HFFG
MATV
MATV
Q4 25
$308.0M
$463.1M
Q3 25
$307.0M
$513.7M
Q2 25
$314.9M
$525.4M
Q1 25
$298.4M
$484.8M
Q4 24
$305.3M
$458.6M
Q3 24
$298.4M
$498.5M
Q2 24
$302.3M
$523.8M
Q1 24
$295.7M
$500.2M
Net Profit
HFFG
HFFG
MATV
MATV
Q4 25
$-37.3M
$100.8M
Q3 25
$-1.1M
$-3.2M
Q2 25
$1.2M
$-9.5M
Q1 25
$-1.6M
$-425.5M
Q4 24
$-43.9M
$1.5M
Q3 24
$-3.9M
$-20.8M
Q2 24
$17.0K
$-1.4M
Q1 24
$-694.0K
$-28.0M
Gross Margin
HFFG
HFFG
MATV
MATV
Q4 25
16.6%
18.8%
Q3 25
16.4%
19.3%
Q2 25
17.5%
19.7%
Q1 25
17.1%
15.0%
Q4 24
17.1%
16.9%
Q3 24
16.8%
18.8%
Q2 24
17.4%
20.8%
Q1 24
17.1%
16.8%
Operating Margin
HFFG
HFFG
MATV
MATV
Q4 25
-12.8%
2.2%
Q3 25
0.4%
3.1%
Q2 25
1.3%
3.8%
Q1 25
0.4%
-88.8%
Q4 24
-13.8%
0.6%
Q3 24
0.2%
1.4%
Q2 24
0.9%
2.0%
Q1 24
-0.0%
-2.8%
Net Margin
HFFG
HFFG
MATV
MATV
Q4 25
-12.1%
21.8%
Q3 25
-0.4%
-0.6%
Q2 25
0.4%
-1.8%
Q1 25
-0.6%
-87.8%
Q4 24
-14.4%
0.3%
Q3 24
-1.3%
-4.2%
Q2 24
0.0%
-0.3%
Q1 24
-0.2%
-5.6%
EPS (diluted)
HFFG
HFFG
MATV
MATV
Q4 25
$-0.70
$1.87
Q3 25
$-0.02
$-0.06
Q2 25
$0.02
$-0.18
Q1 25
$-0.03
$-7.82
Q4 24
$-0.84
$0.03
Q3 24
$-0.07
$-0.38
Q2 24
$0.00
$-0.03
Q1 24
$-0.01
$-0.52

Balance Sheet & Financial Strength

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

Metric
HFFG
HFFG
MATV
MATV
Cash + ST InvestmentsLiquidity on hand
$84.2M
Total DebtLower is stronger
$106.1M
$1.0B
Stockholders' EquityBook value
$202.1M
$498.7M
Total Assets
$541.5M
$2.1B
Debt / EquityLower = less leverage
0.53×
2.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HFFG
HFFG
MATV
MATV
Q4 25
$84.2M
Q3 25
$97.1M
Q2 25
$95.6M
Q1 25
$84.0M
Q4 24
$94.3M
Q3 24
$162.2M
Q2 24
$133.4M
Q1 24
$128.9M
Total Debt
HFFG
HFFG
MATV
MATV
Q4 25
$106.1M
$1.0B
Q3 25
$107.3M
$1.0B
Q2 25
$106.0M
$1.1B
Q1 25
$107.4M
$1.1B
Q4 24
$108.7M
$1.1B
Q3 24
$110.1M
$1.2B
Q2 24
$111.4M
$1.2B
Q1 24
$112.8M
$1.2B
Stockholders' Equity
HFFG
HFFG
MATV
MATV
Q4 25
$202.1M
$498.7M
Q3 25
$239.2M
$397.4M
Q2 25
$239.7M
$416.6M
Q1 25
$238.0M
$428.2M
Q4 24
$239.3M
$858.5M
Q3 24
$283.1M
$882.3M
Q2 24
$286.3M
$898.0M
Q1 24
$286.7M
$906.9M
Total Assets
HFFG
HFFG
MATV
MATV
Q4 25
$541.5M
$2.1B
Q3 25
$595.1M
$2.0B
Q2 25
$593.5M
$2.1B
Q1 25
$581.9M
$2.1B
Q4 24
$550.0M
$2.4B
Q3 24
$612.8M
$2.6B
Q2 24
$616.9M
$2.6B
Q1 24
$603.1M
$2.7B
Debt / Equity
HFFG
HFFG
MATV
MATV
Q4 25
0.53×
2.07×
Q3 25
0.45×
2.63×
Q2 25
0.44×
2.66×
Q1 25
0.45×
2.67×
Q4 24
0.45×
1.30×
Q3 24
0.39×
1.32×
Q2 24
0.39×
1.29×
Q1 24
0.39×
1.30×

Cash Flow & Capital Efficiency

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

Metric
HFFG
HFFG
MATV
MATV
Operating Cash FlowLast quarter
$21.0M
$19.3M
Free Cash FlowOCF − Capex
$12.1M
$8.0M
FCF MarginFCF / Revenue
3.9%
1.7%
Capex IntensityCapex / Revenue
2.9%
2.4%
Cash ConversionOCF / Net Profit
0.19×
TTM Free Cash FlowTrailing 4 quarters
$6.6M
$93.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HFFG
HFFG
MATV
MATV
Q4 25
$21.0M
$19.3M
Q3 25
$-6.0M
$72.8M
Q2 25
$3.5M
$57.6M
Q1 25
$6.9M
$-15.9M
Q4 24
$18.4M
$24.1M
Q3 24
$2.3M
$37.6M
Q2 24
$-9.3M
$46.1M
Q1 24
$11.2M
$-13.0M
Free Cash Flow
HFFG
HFFG
MATV
MATV
Q4 25
$12.1M
$8.0M
Q3 25
$-9.3M
$66.7M
Q2 25
$363.0K
$48.9M
Q1 25
$3.4M
$-29.8M
Q4 24
$15.3M
$2.0M
Q3 24
$-820.0K
$25.5M
Q2 24
$-13.0M
$37.4M
Q1 24
$8.6M
$-25.1M
FCF Margin
HFFG
HFFG
MATV
MATV
Q4 25
3.9%
1.7%
Q3 25
-3.0%
13.0%
Q2 25
0.1%
9.3%
Q1 25
1.1%
-6.1%
Q4 24
5.0%
0.4%
Q3 24
-0.3%
5.1%
Q2 24
-4.3%
7.1%
Q1 24
2.9%
-5.0%
Capex Intensity
HFFG
HFFG
MATV
MATV
Q4 25
2.9%
2.4%
Q3 25
1.1%
1.2%
Q2 25
1.0%
1.7%
Q1 25
1.2%
2.9%
Q4 24
1.0%
4.8%
Q3 24
1.0%
2.4%
Q2 24
1.2%
1.7%
Q1 24
0.9%
2.4%
Cash Conversion
HFFG
HFFG
MATV
MATV
Q4 25
0.19×
Q3 25
Q2 25
2.89×
Q1 25
Q4 24
16.07×
Q3 24
Q2 24
-546.06×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

HFFG
HFFG

Seafood$110.2M36%
Meat And Poultry$62.7M20%
Asian Specialty$55.3M18%
Commodity Product$35.1M11%
Fresh Produce$29.9M10%
Packaging And Other$14.7M5%

MATV
MATV

Other$208.7M45%
SAS Segment$157.4M34%
FAM Segment$97.0M21%

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