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Side-by-side financial comparison of Mativ Holdings, Inc. (MATV) and Talen Energy Corp (TLN). Click either name above to swap in a different company.

Talen Energy Corp is the larger business by last-quarter revenue ($758.0M vs $463.1M, roughly 1.6× Mativ Holdings, Inc.). Mativ Holdings, Inc. runs the higher net margin — 21.8% vs -47.9%, a 69.7% gap on every dollar of revenue. On growth, Talen Energy Corp posted the faster year-over-year revenue change (114.7% vs 1.0%). Talen Energy Corp produced more free cash flow last quarter ($254.0M vs $8.0M). Over the past eight quarters, Talen Energy Corp's revenue compounded faster (35.0% CAGR vs -3.8%).

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.

PPL Corporation is an energy company headquartered in Allentown, Pennsylvania in the Lehigh Valley region of eastern Pennsylvania. The company is publicly traded on the New York Stock Exchange as NYSE: PPL and is part of the S&P 500. As of 2022, the company had $7.9 billion in revenue, 6,500 employees, over $37 billion in assets, and serves 3.6 million customers.

MATV vs TLN — Head-to-Head

Bigger by revenue
TLN
TLN
1.6× larger
TLN
$758.0M
$463.1M
MATV
Growing faster (revenue YoY)
TLN
TLN
+113.7% gap
TLN
114.7%
1.0%
MATV
Higher net margin
MATV
MATV
69.7% more per $
MATV
21.8%
-47.9%
TLN
More free cash flow
TLN
TLN
$246.0M more FCF
TLN
$254.0M
$8.0M
MATV
Faster 2-yr revenue CAGR
TLN
TLN
Annualised
TLN
35.0%
-3.8%
MATV

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MATV
MATV
TLN
TLN
Revenue
$463.1M
$758.0M
Net Profit
$100.8M
$-363.0M
Gross Margin
18.8%
Operating Margin
2.2%
-41.3%
Net Margin
21.8%
-47.9%
Revenue YoY
1.0%
114.7%
Net Profit YoY
6620.0%
-542.7%
EPS (diluted)
$1.87
$-7.60

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
MATV
MATV
TLN
TLN
Q4 25
$463.1M
$758.0M
Q3 25
$513.7M
$697.0M
Q2 25
$525.4M
$409.0M
Q1 25
$484.8M
$654.0M
Q4 24
$458.6M
$353.0M
Q3 24
$498.5M
$459.0M
Q2 24
$523.8M
$346.0M
Q1 24
$500.2M
$416.0M
Net Profit
MATV
MATV
TLN
TLN
Q4 25
$100.8M
$-363.0M
Q3 25
$-3.2M
$207.0M
Q2 25
$-9.5M
$72.0M
Q1 25
$-425.5M
$-135.0M
Q4 24
$1.5M
$82.0M
Q3 24
$-20.8M
$168.0M
Q2 24
$-1.4M
$454.0M
Q1 24
$-28.0M
$294.0M
Gross Margin
MATV
MATV
TLN
TLN
Q4 25
18.8%
Q3 25
19.3%
Q2 25
19.7%
Q1 25
15.0%
Q4 24
16.9%
Q3 24
18.8%
Q2 24
20.8%
Q1 24
16.8%
Operating Margin
MATV
MATV
TLN
TLN
Q4 25
2.2%
-41.3%
Q3 25
3.1%
37.7%
Q2 25
3.8%
16.1%
Q1 25
-88.8%
-16.2%
Q4 24
0.6%
4.5%
Q3 24
1.4%
34.4%
Q2 24
2.0%
7.8%
Q1 24
-2.8%
6.0%
Net Margin
MATV
MATV
TLN
TLN
Q4 25
21.8%
-47.9%
Q3 25
-0.6%
29.7%
Q2 25
-1.8%
17.6%
Q1 25
-87.8%
-20.6%
Q4 24
0.3%
23.2%
Q3 24
-4.2%
36.6%
Q2 24
-0.3%
131.2%
Q1 24
-5.6%
70.7%
EPS (diluted)
MATV
MATV
TLN
TLN
Q4 25
$1.87
$-7.60
Q3 25
$-0.06
$4.25
Q2 25
$-0.18
$1.50
Q1 25
$-7.82
$-2.94
Q4 24
$0.03
$2.07
Q3 24
$-0.38
$3.16
Q2 24
$-0.03
$7.60
Q1 24
$-0.52
$4.84

Balance Sheet & Financial Strength

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

Metric
MATV
MATV
TLN
TLN
Cash + ST InvestmentsLiquidity on hand
$84.2M
$689.0M
Total DebtLower is stronger
$1.0B
$6.8B
Stockholders' EquityBook value
$498.7M
$1.1B
Total Assets
$2.1B
$10.9B
Debt / EquityLower = less leverage
2.07×
6.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MATV
MATV
TLN
TLN
Q4 25
$84.2M
$689.0M
Q3 25
$97.1M
$497.0M
Q2 25
$95.6M
$122.0M
Q1 25
$84.0M
$295.0M
Q4 24
$94.3M
$328.0M
Q3 24
$162.2M
$648.0M
Q2 24
$133.4M
$632.0M
Q1 24
$128.9M
Total Debt
MATV
MATV
TLN
TLN
Q4 25
$1.0B
$6.8B
Q3 25
$1.0B
$3.0B
Q2 25
$1.1B
$3.0B
Q1 25
$1.1B
$3.0B
Q4 24
$1.1B
$3.0B
Q3 24
$1.2B
$2.6B
Q2 24
$1.2B
$2.6B
Q1 24
$1.2B
Stockholders' Equity
MATV
MATV
TLN
TLN
Q4 25
$498.7M
$1.1B
Q3 25
$397.4M
$1.5B
Q2 25
$416.6M
$1.2B
Q1 25
$428.2M
$1.2B
Q4 24
$858.5M
$1.4B
Q3 24
$882.3M
$2.4B
Q2 24
$898.0M
$2.5B
Q1 24
$906.9M
$2.8B
Total Assets
MATV
MATV
TLN
TLN
Q4 25
$2.1B
$10.9B
Q3 25
$2.0B
$6.1B
Q2 25
$2.1B
$5.8B
Q1 25
$2.1B
$5.9B
Q4 24
$2.4B
$6.1B
Q3 24
$2.6B
$6.8B
Q2 24
$2.6B
$7.1B
Q1 24
$2.7B
Debt / Equity
MATV
MATV
TLN
TLN
Q4 25
2.07×
6.23×
Q3 25
2.63×
2.03×
Q2 25
2.66×
2.40×
Q1 25
2.67×
2.54×
Q4 24
1.30×
2.17×
Q3 24
1.32×
1.10×
Q2 24
1.29×
1.05×
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
MATV
MATV
TLN
TLN
Operating Cash FlowLast quarter
$19.3M
$280.0M
Free Cash FlowOCF − Capex
$8.0M
$254.0M
FCF MarginFCF / Revenue
1.7%
33.5%
Capex IntensityCapex / Revenue
2.4%
3.4%
Cash ConversionOCF / Net Profit
0.19×
TTM Free Cash FlowTrailing 4 quarters
$93.8M
$606.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MATV
MATV
TLN
TLN
Q4 25
$19.3M
$280.0M
Q3 25
$72.8M
$489.0M
Q2 25
$57.6M
$-184.0M
Q1 25
$-15.9M
$119.0M
Q4 24
$24.1M
Q3 24
$37.6M
$96.0M
Q2 24
$46.1M
$-23.0M
Q1 24
$-13.0M
$173.0M
Free Cash Flow
MATV
MATV
TLN
TLN
Q4 25
$8.0M
$254.0M
Q3 25
$66.7M
$468.0M
Q2 25
$48.9M
$-217.0M
Q1 25
$-29.8M
$101.0M
Q4 24
$2.0M
Q3 24
$25.5M
$83.0M
Q2 24
$37.4M
$-43.0M
Q1 24
$-25.1M
$148.0M
FCF Margin
MATV
MATV
TLN
TLN
Q4 25
1.7%
33.5%
Q3 25
13.0%
67.1%
Q2 25
9.3%
-53.1%
Q1 25
-6.1%
15.4%
Q4 24
0.4%
Q3 24
5.1%
18.1%
Q2 24
7.1%
-12.4%
Q1 24
-5.0%
35.6%
Capex Intensity
MATV
MATV
TLN
TLN
Q4 25
2.4%
3.4%
Q3 25
1.2%
3.0%
Q2 25
1.7%
8.1%
Q1 25
2.9%
2.8%
Q4 24
4.8%
Q3 24
2.4%
2.8%
Q2 24
1.7%
5.8%
Q1 24
2.4%
6.0%
Cash Conversion
MATV
MATV
TLN
TLN
Q4 25
0.19×
Q3 25
2.36×
Q2 25
-2.56×
Q1 25
Q4 24
16.07×
Q3 24
0.57×
Q2 24
-0.05×
Q1 24
0.59×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MATV
MATV

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

TLN
TLN

Electricity Sales And Ancillary Services$555.0M73%
Operating Revenue Capacity$182.0M24%
Physical Electricity Sales Bilateral Contracts Other$21.0M3%

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