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Side-by-side financial comparison of MATTHEWS INTERNATIONAL CORP (MATW) and XBP Global Holdings, Inc. (XBP). Click either name above to swap in a different company.
MATTHEWS INTERNATIONAL CORP is the larger business by last-quarter revenue ($284.8M vs $152.4M, roughly 1.9× XBP Global Holdings, Inc.). MATTHEWS INTERNATIONAL CORP runs the higher net margin — 15.3% vs -200.7%, a 216.0% gap on every dollar of revenue. On growth, MATTHEWS INTERNATIONAL CORP posted the faster year-over-year revenue change (-29.1% vs -34.7%). XBP Global Holdings, Inc. produced more free cash flow last quarter ($10.5M 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.
MATW vs XBP — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $284.8M | $152.4M |
| Net Profit | $43.6M | $-305.8M |
| Gross Margin | 35.0% | 21.7% |
| Operating Margin | 34.2% | -191.7% |
| Net Margin | 15.3% | -200.7% |
| Revenue YoY | -29.1% | -34.7% |
| Net Profit YoY | 1356.6% | -980.1% |
| EPS (diluted) | $1.39 | $-2.60 |
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.
| Q4 25 | $284.8M | — | ||
| Q3 25 | — | $152.4M | ||
| Q3 24 | — | $233.4M |
| Q4 25 | $43.6M | — | ||
| Q3 25 | — | $-305.8M | ||
| Q3 24 | — | $-28.3M |
| Q4 25 | 35.0% | — | ||
| Q3 25 | — | 21.7% | ||
| Q3 24 | — | 18.9% |
| Q4 25 | 34.2% | — | ||
| Q3 25 | — | -191.7% | ||
| Q3 24 | — | 0.9% |
| Q4 25 | 15.3% | — | ||
| Q3 25 | — | -200.7% | ||
| Q3 24 | — | -12.1% |
| Q4 25 | $1.39 | — | ||
| Q3 25 | — | $-2.60 | ||
| Q3 24 | — | $-0.09 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $31.4M | $34.5M |
| Total DebtLower is stronger | $529.8M | $381.5M |
| Stockholders' EquityBook value | $543.2M | $130.5M |
| Total Assets | $1.6B | $947.9M |
| Debt / EquityLower = less leverage | 0.98× | 2.92× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $31.4M | — | ||
| Q3 25 | — | $34.5M | ||
| Q3 24 | — | $7.8M |
| Q4 25 | $529.8M | — | ||
| Q3 25 | — | $381.5M | ||
| Q3 24 | — | $31.5M |
| Q4 25 | $543.2M | — | ||
| Q3 25 | — | $130.5M | ||
| Q3 24 | — | $-1.3B |
| Q4 25 | $1.6B | — | ||
| Q3 25 | — | $947.9M | ||
| Q3 24 | — | $99.6M |
| Q4 25 | 0.98× | — | ||
| Q3 25 | — | 2.92× | ||
| Q3 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-52.0M | $13.9M |
| Free Cash FlowOCF − Capex | $-57.2M | $10.5M |
| FCF MarginFCF / Revenue | -20.1% | 6.9% |
| Capex IntensityCapex / Revenue | 1.8% | 2.2% |
| Cash ConversionOCF / Net Profit | -1.19× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-52.0M | — | ||
| Q3 25 | — | $13.9M | ||
| Q3 24 | — | $-1.5M |
| Q4 25 | $-57.2M | — | ||
| Q3 25 | — | $10.5M | ||
| Q3 24 | — | $-6.1M |
| Q4 25 | -20.1% | — | ||
| Q3 25 | — | 6.9% | ||
| Q3 24 | — | -2.6% |
| Q4 25 | 1.8% | — | ||
| Q3 25 | — | 2.2% | ||
| Q3 24 | — | 2.0% |
| Q4 25 | -1.19× | — | ||
| Q3 25 | — | — | ||
| Q3 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MATW
Segment breakdown not available.
XBP
| Related And Non Related Party | $136.5M | 90% |
| Technology | $8.2M | 5% |
| Other | $5.7M | 4% |
| Deferred Revenue As Of July312025 | $1.9M | 1% |
