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Side-by-side financial comparison of Hillenbrand, Inc. (HI) and MATTHEWS INTERNATIONAL CORP (MATW). Click either name above to swap in a different company.

Hillenbrand, Inc. is the larger business by last-quarter revenue ($550.2M vs $284.8M, roughly 1.9× MATTHEWS INTERNATIONAL CORP). MATTHEWS INTERNATIONAL CORP runs the higher net margin — 15.3% vs -0.4%, a 15.7% gap on every dollar of revenue. On growth, Hillenbrand, Inc. posted the faster year-over-year revenue change (-22.2% vs -29.1%). Hillenbrand, Inc. produced more free cash flow last quarter ($-31.6M vs $-57.2M).

Hillenbrand, Inc. is a global diversified industrial firm that designs, manufactures, and distributes specialized processing equipment and durable industrial solutions. It serves food & beverage, agriculture, manufacturing, waste management sectors, with operations across North America, Europe, and APAC.

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.

HI vs MATW — Head-to-Head

Bigger by revenue
HI
HI
1.9× larger
HI
$550.2M
$284.8M
MATW
Growing faster (revenue YoY)
HI
HI
+7.0% gap
HI
-22.2%
-29.1%
MATW
Higher net margin
MATW
MATW
15.7% more per $
MATW
15.3%
-0.4%
HI
More free cash flow
HI
HI
$25.6M more FCF
HI
$-31.6M
$-57.2M
MATW

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
HI
HI
MATW
MATW
Revenue
$550.2M
$284.8M
Net Profit
$-2.2M
$43.6M
Gross Margin
33.4%
35.0%
Operating Margin
-2.2%
34.2%
Net Margin
-0.4%
15.3%
Revenue YoY
-22.2%
-29.1%
Net Profit YoY
-134.4%
1356.6%
EPS (diluted)
$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
HI
HI
MATW
MATW
Q4 25
$550.2M
$284.8M
Q3 25
$652.1M
Q2 25
$598.9M
Q1 25
$715.9M
Q4 24
$706.9M
Q3 24
$837.6M
Q2 24
$786.6M
Q1 24
$785.3M
Net Profit
HI
HI
MATW
MATW
Q4 25
$-2.2M
$43.6M
Q3 25
$75.7M
Q2 25
$1.9M
Q1 25
$-40.9M
Q4 24
$6.4M
Q3 24
$14.6M
Q2 24
$-248.9M
Q1 24
$6.1M
Gross Margin
HI
HI
MATW
MATW
Q4 25
33.4%
35.0%
Q3 25
34.8%
Q2 25
33.8%
Q1 25
33.0%
Q4 24
33.2%
Q3 24
34.4%
Q2 24
33.9%
Q1 24
31.9%
Operating Margin
HI
HI
MATW
MATW
Q4 25
-2.2%
34.2%
Q3 25
Q2 25
1.8%
Q1 25
-6.2%
Q4 24
2.2%
Q3 24
Q2 24
-32.7%
Q1 24
1.6%
Net Margin
HI
HI
MATW
MATW
Q4 25
-0.4%
15.3%
Q3 25
11.6%
Q2 25
0.3%
Q1 25
-5.7%
Q4 24
0.9%
Q3 24
1.7%
Q2 24
-31.6%
Q1 24
0.8%
EPS (diluted)
HI
HI
MATW
MATW
Q4 25
$1.39
Q3 25
$1.07
Q2 25
$0.03
Q1 25
$-0.58
Q4 24
$0.09
Q3 24
$0.20
Q2 24
$-3.53
Q1 24
$0.09

Balance Sheet & Financial Strength

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

Metric
HI
HI
MATW
MATW
Cash + ST InvestmentsLiquidity on hand
$173.1M
$31.4M
Total DebtLower is stronger
$529.8M
Stockholders' EquityBook value
$1.4B
$543.2M
Total Assets
$4.5B
$1.6B
Debt / EquityLower = less leverage
0.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HI
HI
MATW
MATW
Q4 25
$173.1M
$31.4M
Q3 25
$164.8M
Q2 25
$162.8M
Q1 25
$458.4M
Q4 24
$208.0M
Q3 24
$199.3M
Q2 24
$223.8M
Q1 24
$224.4M
Total Debt
HI
HI
MATW
MATW
Q4 25
$529.8M
Q3 25
$1.5B
Q2 25
$1.7B
Q1 25
$1.9B
Q4 24
$1.9B
Q3 24
$1.9B
Q2 24
$2.1B
Q1 24
$2.1B
Stockholders' Equity
HI
HI
MATW
MATW
Q4 25
$1.4B
$543.2M
Q3 25
$1.4B
Q2 25
$1.3B
Q1 25
$1.3B
Q4 24
$1.4B
Q3 24
$1.4B
Q2 24
$1.4B
Q1 24
$1.7B
Total Assets
HI
HI
MATW
MATW
Q4 25
$4.5B
$1.6B
Q3 25
$4.5B
Q2 25
$4.7B
Q1 25
$4.8B
Q4 24
$5.1B
Q3 24
$5.2B
Q2 24
$5.3B
Q1 24
$5.6B
Debt / Equity
HI
HI
MATW
MATW
Q4 25
0.98×
Q3 25
1.10×
Q2 25
1.27×
Q1 25
1.44×
Q4 24
1.38×
Q3 24
1.33×
Q2 24
1.48×
Q1 24
1.28×

Cash Flow & Capital Efficiency

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

Metric
HI
HI
MATW
MATW
Operating Cash FlowLast quarter
$-27.4M
$-52.0M
Free Cash FlowOCF − Capex
$-31.6M
$-57.2M
FCF MarginFCF / Revenue
-5.7%
-20.1%
Capex IntensityCapex / Revenue
0.8%
1.8%
Cash ConversionOCF / Net Profit
-1.19×
TTM Free Cash FlowTrailing 4 quarters
$7.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HI
HI
MATW
MATW
Q4 25
$-27.4M
$-52.0M
Q3 25
$67.7M
Q2 25
$-1.5M
Q1 25
$1.3M
Q4 24
$-11.3M
Q3 24
$166.5M
Q2 24
$45.6M
Q1 24
$3.2M
Free Cash Flow
HI
HI
MATW
MATW
Q4 25
$-31.6M
$-57.2M
Q3 25
$58.6M
Q2 25
$-11.2M
Q1 25
$-8.0M
Q4 24
$-21.5M
Q3 24
$153.4M
Q2 24
$29.7M
Q1 24
$-9.6M
FCF Margin
HI
HI
MATW
MATW
Q4 25
-5.7%
-20.1%
Q3 25
9.0%
Q2 25
-1.9%
Q1 25
-1.1%
Q4 24
-3.0%
Q3 24
18.3%
Q2 24
3.8%
Q1 24
-1.2%
Capex Intensity
HI
HI
MATW
MATW
Q4 25
0.8%
1.8%
Q3 25
1.4%
Q2 25
1.6%
Q1 25
1.3%
Q4 24
1.4%
Q3 24
1.6%
Q2 24
2.0%
Q1 24
1.6%
Cash Conversion
HI
HI
MATW
MATW
Q4 25
-1.19×
Q3 25
0.89×
Q2 25
-0.79×
Q1 25
Q4 24
-1.77×
Q3 24
11.40×
Q2 24
Q1 24
0.52×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HI
HI

Transferred At Point In Time$256.5M47%
Transferred Over Time$207.1M38%
Molding Technology Solutions$86.6M16%

MATW
MATW

Segment breakdown not available.

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