vs

Side-by-side financial comparison of Mativ Holdings, Inc. (MATV) and ZIONS BANCORPORATION, NATIONAL ASSOCIATION (ZION). Click either name above to swap in a different company.

ZIONS BANCORPORATION, NATIONAL ASSOCIATION is the larger business by last-quarter revenue ($891.0M vs $463.1M, roughly 1.9× Mativ Holdings, Inc.). ZIONS BANCORPORATION, NATIONAL ASSOCIATION runs the higher net margin — 29.5% vs 21.8%, a 7.8% gap on every dollar of revenue. On growth, ZIONS BANCORPORATION, NATIONAL ASSOCIATION posted the faster year-over-year revenue change (8.7% vs 1.0%). ZIONS BANCORPORATION, NATIONAL ASSOCIATION produced more free cash flow last quarter ($952.0M vs $8.0M). Over the past eight quarters, ZIONS BANCORPORATION, NATIONAL ASSOCIATION's revenue compounded faster (9.6% 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.

Zions Bancorporation is an American national bank headquartered in Salt Lake City, Utah. It operates as a national bank rather than as a bank holding company and does business under the following seven brands: Zions Bank, Amegy Bank of Texas, California Bank and Trust, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and the Commerce Bank of Washington.

MATV vs ZION — Head-to-Head

Bigger by revenue
ZION
ZION
1.9× larger
ZION
$891.0M
$463.1M
MATV
Growing faster (revenue YoY)
ZION
ZION
+7.7% gap
ZION
8.7%
1.0%
MATV
Higher net margin
ZION
ZION
7.8% more per $
ZION
29.5%
21.8%
MATV
More free cash flow
ZION
ZION
$944.0M more FCF
ZION
$952.0M
$8.0M
MATV
Faster 2-yr revenue CAGR
ZION
ZION
Annualised
ZION
9.6%
-3.8%
MATV

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MATV
MATV
ZION
ZION
Revenue
$463.1M
$891.0M
Net Profit
$100.8M
$263.0M
Gross Margin
18.8%
Operating Margin
2.2%
Net Margin
21.8%
29.5%
Revenue YoY
1.0%
8.7%
Net Profit YoY
6620.0%
21.8%
EPS (diluted)
$1.87
$1.77

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
ZION
ZION
Q4 25
$463.1M
$891.0M
Q3 25
$513.7M
$861.0M
Q2 25
$525.4M
$838.0M
Q1 25
$484.8M
$795.0M
Q4 24
$458.6M
$820.0M
Q3 24
$498.5M
$792.0M
Q2 24
$523.8M
$777.0M
Q1 24
$500.2M
$742.0M
Net Profit
MATV
MATV
ZION
ZION
Q4 25
$100.8M
$263.0M
Q3 25
$-3.2M
$222.0M
Q2 25
$-9.5M
$244.0M
Q1 25
$-425.5M
$170.0M
Q4 24
$1.5M
$216.0M
Q3 24
$-20.8M
$214.0M
Q2 24
$-1.4M
$201.0M
Q1 24
$-28.0M
$153.0M
Gross Margin
MATV
MATV
ZION
ZION
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
ZION
ZION
Q4 25
2.2%
Q3 25
3.1%
Q2 25
3.8%
Q1 25
-88.8%
Q4 24
0.6%
Q3 24
1.4%
Q2 24
2.0%
Q1 24
-2.8%
Net Margin
MATV
MATV
ZION
ZION
Q4 25
21.8%
29.5%
Q3 25
-0.6%
25.8%
Q2 25
-1.8%
29.1%
Q1 25
-87.8%
21.4%
Q4 24
0.3%
26.3%
Q3 24
-4.2%
27.0%
Q2 24
-0.3%
25.9%
Q1 24
-5.6%
20.6%
EPS (diluted)
MATV
MATV
ZION
ZION
Q4 25
$1.87
$1.77
Q3 25
$-0.06
$1.48
Q2 25
$-0.18
$1.63
Q1 25
$-7.82
$1.13
Q4 24
$0.03
$1.34
Q3 24
$-0.38
$1.37
Q2 24
$-0.03
$1.28
Q1 24
$-0.52
$0.96

Balance Sheet & Financial Strength

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

Metric
MATV
MATV
ZION
ZION
Cash + ST InvestmentsLiquidity on hand
$84.2M
Total DebtLower is stronger
$1.0B
$1.5B
Stockholders' EquityBook value
$498.7M
$7.2B
Total Assets
$2.1B
$89.0B
Debt / EquityLower = less leverage
2.07×
0.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MATV
MATV
ZION
ZION
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
MATV
MATV
ZION
ZION
Q4 25
$1.0B
$1.5B
Q3 25
$1.0B
$1.5B
Q2 25
$1.1B
$970.0M
Q1 25
$1.1B
$964.0M
Q4 24
$1.1B
$950.0M
Q3 24
$1.2B
$548.0M
Q2 24
$1.2B
$546.0M
Q1 24
$1.2B
$544.0M
Stockholders' Equity
MATV
MATV
ZION
ZION
Q4 25
$498.7M
$7.2B
Q3 25
$397.4M
$6.9B
Q2 25
$416.6M
$6.6B
Q1 25
$428.2M
$6.3B
Q4 24
$858.5M
$6.1B
Q3 24
$882.3M
$6.4B
Q2 24
$898.0M
$6.0B
Q1 24
$906.9M
$5.8B
Total Assets
MATV
MATV
ZION
ZION
Q4 25
$2.1B
$89.0B
Q3 25
$2.0B
$88.5B
Q2 25
$2.1B
$88.9B
Q1 25
$2.1B
$88.0B
Q4 24
$2.4B
$88.8B
Q3 24
$2.6B
$87.0B
Q2 24
$2.6B
$87.6B
Q1 24
$2.7B
$87.1B
Debt / Equity
MATV
MATV
ZION
ZION
Q4 25
2.07×
0.21×
Q3 25
2.63×
0.21×
Q2 25
2.66×
0.15×
Q1 25
2.67×
0.15×
Q4 24
1.30×
0.16×
Q3 24
1.32×
0.09×
Q2 24
1.29×
0.09×
Q1 24
1.30×
0.09×

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
ZION
ZION
Operating Cash FlowLast quarter
$19.3M
$1.1B
Free Cash FlowOCF − Capex
$8.0M
$952.0M
FCF MarginFCF / Revenue
1.7%
106.8%
Capex IntensityCapex / Revenue
2.4%
13.6%
Cash ConversionOCF / Net Profit
0.19×
4.08×
TTM Free Cash FlowTrailing 4 quarters
$93.8M
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MATV
MATV
ZION
ZION
Q4 25
$19.3M
$1.1B
Q3 25
$72.8M
$438.0M
Q2 25
$57.6M
$-62.0M
Q1 25
$-15.9M
$179.0M
Q4 24
$24.1M
$1.1B
Q3 24
$37.6M
$119.0M
Q2 24
$46.1M
$251.0M
Q1 24
$-13.0M
$261.0M
Free Cash Flow
MATV
MATV
ZION
ZION
Q4 25
$8.0M
$952.0M
Q3 25
$66.7M
$413.0M
Q2 25
$48.9M
$-93.0M
Q1 25
$-29.8M
$152.0M
Q4 24
$2.0M
$1.1B
Q3 24
$25.5M
$97.0M
Q2 24
$37.4M
$234.0M
Q1 24
$-25.1M
$231.0M
FCF Margin
MATV
MATV
ZION
ZION
Q4 25
1.7%
106.8%
Q3 25
13.0%
48.0%
Q2 25
9.3%
-11.1%
Q1 25
-6.1%
19.1%
Q4 24
0.4%
128.2%
Q3 24
5.1%
12.2%
Q2 24
7.1%
30.1%
Q1 24
-5.0%
31.1%
Capex Intensity
MATV
MATV
ZION
ZION
Q4 25
2.4%
13.6%
Q3 25
1.2%
2.9%
Q2 25
1.7%
3.7%
Q1 25
2.9%
3.4%
Q4 24
4.8%
11.8%
Q3 24
2.4%
2.8%
Q2 24
1.7%
2.2%
Q1 24
2.4%
4.0%
Cash Conversion
MATV
MATV
ZION
ZION
Q4 25
0.19×
4.08×
Q3 25
1.97×
Q2 25
-0.25×
Q1 25
1.05×
Q4 24
16.07×
5.31×
Q3 24
0.56×
Q2 24
1.25×
Q1 24
1.71×

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%

ZION
ZION

Segment breakdown not available.

Related Comparisons