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Side-by-side financial comparison of MATTHEWS INTERNATIONAL CORP (MATW) and VALVOLINE INC (VVV). Click either name above to swap in a different company.

VALVOLINE INC is the larger business by last-quarter revenue ($461.8M vs $284.8M, roughly 1.6× MATTHEWS INTERNATIONAL CORP). MATTHEWS INTERNATIONAL CORP runs the higher net margin — 15.3% vs -7.1%, a 22.4% gap on every dollar of revenue. On growth, VALVOLINE INC posted the faster year-over-year revenue change (11.5% vs -29.1%). VALVOLINE INC produced more free cash flow last quarter ($7.4M vs $-57.2M).

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.

Valvoline Inc. is an American retail automotive services company based in Lexington, Kentucky. It licenses the name for a number of Valvoline-labeled automotive oil, additives, and lubricants. It also owns the Valvoline Instant Oil Change, Great Canadian Oil Change and Valvoline Express Care car repair chains. As of 2023, it is the second largest oil change service provider in the United States with 10% market share and over 1,650 locations.

MATW vs VVV — Head-to-Head

Bigger by revenue
VVV
VVV
1.6× larger
VVV
$461.8M
$284.8M
MATW
Growing faster (revenue YoY)
VVV
VVV
+40.6% gap
VVV
11.5%
-29.1%
MATW
Higher net margin
MATW
MATW
22.4% more per $
MATW
15.3%
-7.1%
VVV
More free cash flow
VVV
VVV
$64.6M more FCF
VVV
$7.4M
$-57.2M
MATW

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
MATW
MATW
VVV
VVV
Revenue
$284.8M
$461.8M
Net Profit
$43.6M
$-32.8M
Gross Margin
35.0%
37.4%
Operating Margin
34.2%
4.0%
Net Margin
15.3%
-7.1%
Revenue YoY
-29.1%
11.5%
Net Profit YoY
1356.6%
-135.8%
EPS (diluted)
$1.39
$-0.26

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
VVV
VVV
Q4 25
$284.8M
$461.8M
Q3 25
$453.8M
Q2 25
$439.0M
Q1 25
$403.2M
Q4 24
$414.3M
Q3 24
$435.5M
Q2 24
$421.4M
Q1 24
$388.7M
Net Profit
MATW
MATW
VVV
VVV
Q4 25
$43.6M
$-32.8M
Q3 25
$25.0M
Q2 25
$56.5M
Q1 25
$37.6M
Q4 24
$91.6M
Q3 24
$92.3M
Q2 24
$45.9M
Q1 24
$41.4M
Gross Margin
MATW
MATW
VVV
VVV
Q4 25
35.0%
37.4%
Q3 25
39.1%
Q2 25
40.5%
Q1 25
37.3%
Q4 24
36.9%
Q3 24
39.1%
Q2 24
39.7%
Q1 24
37.6%
Operating Margin
MATW
MATW
VVV
VVV
Q4 25
34.2%
4.0%
Q3 25
18.6%
Q2 25
21.6%
Q1 25
16.6%
Q4 24
34.7%
Q3 24
30.9%
Q2 24
22.2%
Q1 24
19.7%
Net Margin
MATW
MATW
VVV
VVV
Q4 25
15.3%
-7.1%
Q3 25
5.5%
Q2 25
12.9%
Q1 25
9.3%
Q4 24
22.1%
Q3 24
21.2%
Q2 24
10.9%
Q1 24
10.7%
EPS (diluted)
MATW
MATW
VVV
VVV
Q4 25
$1.39
$-0.26
Q3 25
$0.20
Q2 25
$0.44
Q1 25
$0.29
Q4 24
$0.71
Q3 24
$0.70
Q2 24
$0.35
Q1 24
$0.32

Balance Sheet & Financial Strength

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

Metric
MATW
MATW
VVV
VVV
Cash + ST InvestmentsLiquidity on hand
$31.4M
$69.9M
Total DebtLower is stronger
$529.8M
Stockholders' EquityBook value
$543.2M
$307.6M
Total Assets
$1.6B
$3.4B
Debt / EquityLower = less leverage
0.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MATW
MATW
VVV
VVV
Q4 25
$31.4M
$69.9M
Q3 25
$51.6M
Q2 25
$68.3M
Q1 25
$61.9M
Q4 24
$60.0M
Q3 24
$68.3M
Q2 24
$65.7M
Q1 24
$494.5M
Total Debt
MATW
MATW
VVV
VVV
Q4 25
$529.8M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
MATW
MATW
VVV
VVV
Q4 25
$543.2M
$307.6M
Q3 25
$338.5M
Q2 25
$313.6M
Q1 25
$248.7M
Q4 24
$229.8M
Q3 24
$185.6M
Q2 24
$106.5M
Q1 24
$60.1M
Total Assets
MATW
MATW
VVV
VVV
Q4 25
$1.6B
$3.4B
Q3 25
$2.7B
Q2 25
$2.6B
Q1 25
$2.5B
Q4 24
$2.3B
Q3 24
$2.4B
Q2 24
$2.4B
Q1 24
$2.8B
Debt / Equity
MATW
MATW
VVV
VVV
Q4 25
0.98×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

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
VVV
VVV
Operating Cash FlowLast quarter
$-52.0M
$64.8M
Free Cash FlowOCF − Capex
$-57.2M
$7.4M
FCF MarginFCF / Revenue
-20.1%
1.6%
Capex IntensityCapex / Revenue
1.8%
12.4%
Cash ConversionOCF / Net Profit
-1.19×
TTM Free Cash FlowTrailing 4 quarters
$57.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MATW
MATW
VVV
VVV
Q4 25
$-52.0M
$64.8M
Q3 25
$121.9M
Q2 25
$86.9M
Q1 25
$47.2M
Q4 24
$41.2M
Q3 24
$101.3M
Q2 24
$75.6M
Q1 24
$68.3M
Free Cash Flow
MATW
MATW
VVV
VVV
Q4 25
$-57.2M
$7.4M
Q3 25
$23.0M
Q2 25
$32.0M
Q1 25
$-4.6M
Q4 24
$-12.4M
Q3 24
$29.9M
Q2 24
$9.8M
Q1 24
$23.4M
FCF Margin
MATW
MATW
VVV
VVV
Q4 25
-20.1%
1.6%
Q3 25
5.1%
Q2 25
7.3%
Q1 25
-1.1%
Q4 24
-3.0%
Q3 24
6.9%
Q2 24
2.3%
Q1 24
6.0%
Capex Intensity
MATW
MATW
VVV
VVV
Q4 25
1.8%
12.4%
Q3 25
21.8%
Q2 25
12.5%
Q1 25
12.8%
Q4 24
12.9%
Q3 24
16.4%
Q2 24
15.6%
Q1 24
11.6%
Cash Conversion
MATW
MATW
VVV
VVV
Q4 25
-1.19×
Q3 25
4.88×
Q2 25
1.54×
Q1 25
1.26×
Q4 24
0.45×
Q3 24
1.10×
Q2 24
1.65×
Q1 24
1.65×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MATW
MATW

Segment breakdown not available.

VVV
VVV

Oil Change And Related Fees$337.7M73%
Non Oil Change And Related Fees$100.5M22%
Franchise Fees And Other$23.6M5%

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