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Side-by-side financial comparison of MATTHEWS INTERNATIONAL CORP (MATW) and Navios Maritime Partners L.P. (NMM). Click either name above to swap in a different company.

Navios Maritime Partners L.P. is the larger business by last-quarter revenue ($327.6M vs $284.8M, roughly 1.2× MATTHEWS INTERNATIONAL CORP). Navios Maritime Partners L.P. runs the higher net margin — 21.4% vs 15.3%, a 6.0% gap on every dollar of revenue. On growth, Navios Maritime Partners L.P. posted the faster year-over-year revenue change (-4.3% vs -29.1%).

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.

Navios Maritime Holdings Inc. is a multinational, vertically integrated seaborne shipping and logistics company focused on the transport and transshipment of drybulk commodities including iron ore, coal and grain.

MATW vs NMM — Head-to-Head

Bigger by revenue
NMM
NMM
1.2× larger
NMM
$327.6M
$284.8M
MATW
Growing faster (revenue YoY)
NMM
NMM
+24.9% gap
NMM
-4.3%
-29.1%
MATW
Higher net margin
NMM
NMM
6.0% more per $
NMM
21.4%
15.3%
MATW

Income Statement — Q1 FY2026 vs Q2 FY2025

Metric
MATW
MATW
NMM
NMM
Revenue
$284.8M
$327.6M
Net Profit
$43.6M
$69.9M
Gross Margin
35.0%
90.5%
Operating Margin
34.2%
Net Margin
15.3%
21.4%
Revenue YoY
-29.1%
-4.3%
Net Profit YoY
1356.6%
-31.1%
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
MATW
MATW
NMM
NMM
Q4 25
$284.8M
Q2 25
$327.6M
Q2 24
$342.2M
Q2 23
$346.9M
Q2 22
$280.7M
Net Profit
MATW
MATW
NMM
NMM
Q4 25
$43.6M
Q2 25
$69.9M
Q2 24
$101.5M
Q2 23
$112.3M
Q2 22
$118.2M
Gross Margin
MATW
MATW
NMM
NMM
Q4 25
35.0%
Q2 25
90.5%
Q2 24
88.3%
Q2 23
87.9%
Q2 22
92.3%
Operating Margin
MATW
MATW
NMM
NMM
Q4 25
34.2%
Q2 25
Q2 24
Q2 23
Q2 22
Net Margin
MATW
MATW
NMM
NMM
Q4 25
15.3%
Q2 25
21.4%
Q2 24
29.7%
Q2 23
32.4%
Q2 22
42.1%
EPS (diluted)
MATW
MATW
NMM
NMM
Q4 25
$1.39
Q2 25
Q2 24
Q2 23
Q2 22

Balance Sheet & Financial Strength

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

Metric
MATW
MATW
NMM
NMM
Cash + ST InvestmentsLiquidity on hand
$31.4M
$377.0M
Total DebtLower is stronger
$529.8M
$2.0B
Stockholders' EquityBook value
$543.2M
Total Assets
$1.6B
$5.9B
Debt / EquityLower = less leverage
0.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MATW
MATW
NMM
NMM
Q4 25
$31.4M
Q2 25
$377.0M
Q2 24
$272.0M
Q2 23
$261.4M
Q2 22
$163.4M
Total Debt
MATW
MATW
NMM
NMM
Q4 25
$529.8M
Q2 25
$2.0B
Q2 24
$1.4B
Q2 23
$1.6B
Q2 22
$1.1B
Stockholders' Equity
MATW
MATW
NMM
NMM
Q4 25
$543.2M
Q2 25
Q2 24
Q2 23
$2.6B
Q2 22
$2.0B
Total Assets
MATW
MATW
NMM
NMM
Q4 25
$1.6B
Q2 25
$5.9B
Q2 24
$5.3B
Q2 23
$5.0B
Q2 22
$3.7B
Debt / Equity
MATW
MATW
NMM
NMM
Q4 25
0.98×
Q2 25
Q2 24
Q2 23
0.64×
Q2 22
0.54×

Cash Flow & Capital Efficiency

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

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MATW
MATW
NMM
NMM
Q4 25
$-52.0M
Q2 25
Q2 24
Q2 23
Q2 22
Free Cash Flow
MATW
MATW
NMM
NMM
Q4 25
$-57.2M
Q2 25
Q2 24
Q2 23
Q2 22
FCF Margin
MATW
MATW
NMM
NMM
Q4 25
-20.1%
Q2 25
Q2 24
Q2 23
Q2 22
Capex Intensity
MATW
MATW
NMM
NMM
Q4 25
1.8%
Q2 25
Q2 24
Q2 23
Q2 22
Cash Conversion
MATW
MATW
NMM
NMM
Q4 25
-1.19×
Q2 25
Q2 24
Q2 23
Q2 22

Financial Flow Comparison

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

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