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Side-by-side financial comparison of Kimball Electronics, Inc. (KE) 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 $341.3M, roughly 1.4× Kimball Electronics, Inc.). Mativ Holdings, Inc. runs the higher net margin — 21.8% vs 1.1%, a 20.7% gap on every dollar of revenue. On growth, Mativ Holdings, Inc. posted the faster year-over-year revenue change (1.0% vs -4.5%). Mativ Holdings, Inc. produced more free cash flow last quarter ($8.0M vs $-11.2M). Over the past eight quarters, Mativ Holdings, Inc.'s revenue compounded faster (-3.8% CAGR vs -10.4%).

Kimball International, Inc. is an American company which consists of furniture brands: Kimball, National, Interwoven, Etc., David Edward, D'Style and Kimball Hospitality. It is the successor to W.W. Kimball and Company, the world's largest piano and organ manufacturer at certain times in the 19th and 20th centuries.

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.

KE vs MATV — Head-to-Head

Bigger by revenue
MATV
MATV
1.4× larger
MATV
$463.1M
$341.3M
KE
Growing faster (revenue YoY)
MATV
MATV
+5.5% gap
MATV
1.0%
-4.5%
KE
Higher net margin
MATV
MATV
20.7% more per $
MATV
21.8%
1.1%
KE
More free cash flow
MATV
MATV
$19.2M more FCF
MATV
$8.0M
$-11.2M
KE
Faster 2-yr revenue CAGR
MATV
MATV
Annualised
MATV
-3.8%
-10.4%
KE

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
KE
KE
MATV
MATV
Revenue
$341.3M
$463.1M
Net Profit
$3.6M
$100.8M
Gross Margin
8.2%
18.8%
Operating Margin
3.2%
2.2%
Net Margin
1.1%
21.8%
Revenue YoY
-4.5%
1.0%
Net Profit YoY
6.0%
6620.0%
EPS (diluted)
$0.15
$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
KE
KE
MATV
MATV
Q4 25
$341.3M
$463.1M
Q3 25
$365.6M
$513.7M
Q2 25
$380.5M
$525.4M
Q1 25
$374.6M
$484.8M
Q4 24
$357.4M
$458.6M
Q3 24
$374.3M
$498.5M
Q2 24
$430.2M
$523.8M
Q1 24
$425.0M
$500.2M
Net Profit
KE
KE
MATV
MATV
Q4 25
$3.6M
$100.8M
Q3 25
$10.1M
$-3.2M
Q2 25
$6.6M
$-9.5M
Q1 25
$3.8M
$-425.5M
Q4 24
$3.4M
$1.5M
Q3 24
$3.2M
$-20.8M
Q2 24
$7.5M
$-1.4M
Q1 24
$-6.1M
$-28.0M
Gross Margin
KE
KE
MATV
MATV
Q4 25
8.2%
18.8%
Q3 25
7.9%
19.3%
Q2 25
8.0%
19.7%
Q1 25
7.2%
15.0%
Q4 24
6.6%
16.9%
Q3 24
6.3%
18.8%
Q2 24
8.5%
20.8%
Q1 24
7.9%
16.8%
Operating Margin
KE
KE
MATV
MATV
Q4 25
3.2%
2.2%
Q3 25
4.0%
3.1%
Q2 25
4.3%
3.8%
Q1 25
3.1%
-88.8%
Q4 24
2.3%
0.6%
Q3 24
2.4%
1.4%
Q2 24
4.6%
2.0%
Q1 24
-1.5%
-2.8%
Net Margin
KE
KE
MATV
MATV
Q4 25
1.1%
21.8%
Q3 25
2.8%
-0.6%
Q2 25
1.7%
-1.8%
Q1 25
1.0%
-87.8%
Q4 24
1.0%
0.3%
Q3 24
0.8%
-4.2%
Q2 24
1.8%
-0.3%
Q1 24
-1.4%
-5.6%
EPS (diluted)
KE
KE
MATV
MATV
Q4 25
$0.15
$1.87
Q3 25
$0.40
$-0.06
Q2 25
$0.27
$-0.18
Q1 25
$0.15
$-7.82
Q4 24
$0.14
$0.03
Q3 24
$0.12
$-0.38
Q2 24
$0.29
$-0.03
Q1 24
$-0.24
$-0.52

Balance Sheet & Financial Strength

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

Metric
KE
KE
MATV
MATV
Cash + ST InvestmentsLiquidity on hand
$77.9M
$84.2M
Total DebtLower is stronger
$153.8M
$1.0B
Stockholders' EquityBook value
$579.2M
$498.7M
Total Assets
$1.1B
$2.1B
Debt / EquityLower = less leverage
0.27×
2.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KE
KE
MATV
MATV
Q4 25
$77.9M
$84.2M
Q3 25
$75.7M
$97.1M
Q2 25
$88.8M
$95.6M
Q1 25
$51.4M
$84.0M
Q4 24
$53.9M
$94.3M
Q3 24
$76.6M
$162.2M
Q2 24
$78.0M
$133.4M
Q1 24
$65.2M
$128.9M
Total Debt
KE
KE
MATV
MATV
Q4 25
$153.8M
$1.0B
Q3 25
$137.5M
$1.0B
Q2 25
$147.1M
$1.1B
Q1 25
$178.3M
$1.1B
Q4 24
$204.5M
$1.1B
Q3 24
$1.2B
Q2 24
$294.8M
$1.2B
Q1 24
$1.2B
Stockholders' Equity
KE
KE
MATV
MATV
Q4 25
$579.2M
$498.7M
Q3 25
$577.1M
$397.4M
Q2 25
$569.9M
$416.6M
Q1 25
$548.1M
$428.2M
Q4 24
$537.5M
$858.5M
Q3 24
$547.8M
$882.3M
Q2 24
$540.5M
$898.0M
Q1 24
$539.1M
$906.9M
Total Assets
KE
KE
MATV
MATV
Q4 25
$1.1B
$2.1B
Q3 25
$1.1B
$2.0B
Q2 25
$1.1B
$2.1B
Q1 25
$1.1B
$2.1B
Q4 24
$1.1B
$2.4B
Q3 24
$1.1B
$2.6B
Q2 24
$1.2B
$2.6B
Q1 24
$1.3B
$2.7B
Debt / Equity
KE
KE
MATV
MATV
Q4 25
0.27×
2.07×
Q3 25
0.24×
2.63×
Q2 25
0.26×
2.66×
Q1 25
0.33×
2.67×
Q4 24
0.38×
1.30×
Q3 24
1.32×
Q2 24
0.55×
1.29×
Q1 24
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
KE
KE
MATV
MATV
Operating Cash FlowLast quarter
$6.9M
$19.3M
Free Cash FlowOCF − Capex
$-11.2M
$8.0M
FCF MarginFCF / Revenue
-3.3%
1.7%
Capex IntensityCapex / Revenue
5.3%
2.4%
Cash ConversionOCF / Net Profit
1.89×
0.19×
TTM Free Cash FlowTrailing 4 quarters
$81.8M
$93.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KE
KE
MATV
MATV
Q4 25
$6.9M
$19.3M
Q3 25
$8.1M
$72.8M
Q2 25
$78.1M
$57.6M
Q1 25
$30.9M
$-15.9M
Q4 24
$29.5M
$24.1M
Q3 24
$45.5M
$37.6M
Q2 24
$48.5M
$46.1M
Q1 24
$42.6M
$-13.0M
Free Cash Flow
KE
KE
MATV
MATV
Q4 25
$-11.2M
$8.0M
Q3 25
$-2.5M
$66.7M
Q2 25
$68.4M
$48.9M
Q1 25
$27.0M
$-29.8M
Q4 24
$23.1M
$2.0M
Q3 24
$32.1M
$25.5M
Q2 24
$39.5M
$37.4M
Q1 24
$30.0M
$-25.1M
FCF Margin
KE
KE
MATV
MATV
Q4 25
-3.3%
1.7%
Q3 25
-0.7%
13.0%
Q2 25
18.0%
9.3%
Q1 25
7.2%
-6.1%
Q4 24
6.5%
0.4%
Q3 24
8.6%
5.1%
Q2 24
9.2%
7.1%
Q1 24
7.1%
-5.0%
Capex Intensity
KE
KE
MATV
MATV
Q4 25
5.3%
2.4%
Q3 25
2.9%
1.2%
Q2 25
2.5%
1.7%
Q1 25
1.0%
2.9%
Q4 24
1.8%
4.8%
Q3 24
3.6%
2.4%
Q2 24
2.1%
1.7%
Q1 24
3.0%
2.4%
Cash Conversion
KE
KE
MATV
MATV
Q4 25
1.89×
0.19×
Q3 25
0.80×
Q2 25
11.86×
Q1 25
8.11×
Q4 24
8.58×
16.07×
Q3 24
14.42×
Q2 24
6.43×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

KE
KE

Automotive$162.3M48%
Medical$96.3M28%
Industrial$82.7M24%

MATV
MATV

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

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