Matthews International's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Matthews International (MATW) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Matthews International vs Its Competitors
- TTM: Trailing 12-month revenue of 1,108M vs 127,700M combined for tracked competitors (0.9% combined share).
- Trending: Latest-quarter revenue run-rate is decelerating (-11.2% annualized vs trailing 12 months), vs accelerating (+8.4%) for its tracked peer group.
- Growth: Matthews International generated -29.6% revenue growth year over year in Q3 2026, vs 7.1% for its tracked competitors combined.
- Profitability: Its -9.6% net margin compares with 28.9% for the peer group.
- Scale: Matthews International ranks #36 of 58 companies by market capitalization in the Miscellaneous Fabricated Products industry, holding 0.1% of industry market cap.
- Peer revenue share: Matthews International accounted for 0.7% of combined revenue among its tracked peer group, down from 1.1% a year earlier.
- Peer differentiation: Revenue per employee of $0.20M compares with $0.49M for the peer group (0.4x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
MATW Sales vs. its Competitors, Q3 2026
Matthews International reported revenue contraction of 29.58 % year on year in Q3 2026, below its competitors' combined revenue growth of 7.06 %.
With a net margin of -9.63 %, Matthews International reported lower profitability than its competitors (28.88 %).
Matthews International generated 0.71 % of the combined sales of its peer group, down from 1.07 % a year earlier.
Matthews International vs. its Competitors, Q3 2026
Revenue growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Matthews International and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Matthews International Corp | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (9) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (3) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Matthews International's competitor groups requires a Commercial License.
For context: the Miscellaneous Fabricated Products industry grew revenue 19.9% year over year, combined, vs -29.6% for Matthews International. Matthews International's share of combined industry revenue moved from 0.59% to 0.35%, a loss of 0.24 percentage points.
Matthews International's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Matthews International Corp | No | No | No | No |
| Competitors combined (8) | ||||
| Similar-Size Competitors (10) | ||||
| Similar Growth & Profitability (8) | 87.50 % (7 of 8) | 0.00 % (0 of 8) | 0.00 % (0 of 8) | 12.50 % (1 of 8) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
MATW Stock Performance relative to its Competitors
MATW Stock Performance relative to Similar-Size Competitors
MATW Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Applied Materials Inc | 282.9% | Outperformed |
| 2 | Corning Inc | 282.9% | Outperformed |
| 3 | Dow Inc | 282.9% | Outperformed |
| 4 | 3m Company | 282.9% | Outperformed |
| 5 | Packaging Corp Of America | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Matthews International's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Matthews International's Comment on Competition and Industry Peers
Publicly Traded Peers of Matthews International Corp
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Matthews International Corp | 613.67 | 1,108.24 |
| Applied Materials Inc | 389,408.00 | 30,837.00 |
| Corning Inc | 132,615.00 | 16,964.00 |
| 3m Company | 88,536.35 | 25,180.00 |
| Honeywell International Inc | 67,390.27 | 36,130.00 |
| Packaging Corp Of America | 20,872.28 | 9,535.70 |
| SUBTOTAL | 722,791.44 | 168,139.43 |
Sign in to see all competitors of Matthews International Corp.
Sources: Matthews International Corp's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Matthews International Corp versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Matthews International's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Matthews International Corp | Memorialization 84.57 % |
| Applied Materials Inc | Semiconductor Systems 75.41 % |
| Corning Inc | Optical Communications 40.55 % |
| 3m Company | Safety and Industrial 47.55 % |
| Packaging Corp Of America | Packaging 92.83 % |
| Graphic Packaging Holding Co | Americas Paperboard Packaging 67.96 % |
Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Sign in to see all peers for Matthews International Corp.
Matthews International's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Matthews International Corp | 614 | 201,498 | -2,864 |
| Applied Materials Inc | 389,408 | 844,849 | 253,890 |
| Corning Inc | 132,615 | 252,440 | 30,863 |
| 3m Company | 88,536 | 416,198 | 49,785 |
| Honeywell International Inc | 67,390 | 357,723 | 81,356 |
| Packaging Corp Of America | 20,872 | 567,601 | 41,113 |
| PEERS TOTAL | 722,178 | 488,508 | 61,126 |
Sign in to see all peers for Matthews International Corp.
Matthews International's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent filing. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Matthews International Corp | North America 86.96 % |
| Applied Materials Inc | Taiwan 27.24 % |
| 3m Company | Americas 54.09 % |
Source: revenue geography as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Matthews International's Position in Industry Market Structure
Market-capitalization share and concentration across all 55 companies in Matthews International's industry classification, broader than the peer set above. Market cap in millions of $.Matthews International ranks #36 of 55 companies by market capitalization in its industry, holding 0.12 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 1,205, indicating a unconcentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Parker hannifin Corporation | 124,199 | 23.30 % |
| 2 | Howmet Aerospace Inc | 91,785 | 17.22 % |
| 3 | Barrick Mining Corp | 70,141 | 13.16 % |
| 4 | Baker Hughes Company | 57,120 | 10.72 % |
| 5 | Technipfmc Plc | 1,234 | 5.2% |
| 6 | Rbc Bearings Inc | 1,234 | 5.2% |
| 7 | Mueller Industries Inc | 1,234 | 5.2% |
| 8 | Generac Holdings Inc | 1,234 | 5.2% |
| 9 | Crane Company | 1,234 | 5.2% |
| 10 | Watts Water Technologies Inc | 1,234 | 5.2% |
| 36 | Matthews International Corp | 614 | 0.12 % |
Market cap and industry share for the rest of Matthews International's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-09-28.
Matthews International's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 31 | Npk International Inc | 994 | 3.56 % |
| 32 | Forum Energy Technologies Inc | 966 | 204.51 % |
| 33 | Quanex Building Products Corporation | 885 | 44.55 % |
| 34 | Flowco Holdings Inc | 835 | 21.10 % |
| 35 | Apogee Enterprises Inc | 1,234 | 12.3% |
| 36 | Matthews International Corp | 614 | -21.74 % |
| 37 | Janus International Group Inc | 1,234 | 12.3% |
| 38 | The Elmet Group Co | 1,234 | 12.3% |
| 39 | Oil States International Inc | 1,234 | 12.3% |
| 40 | Tredegar Corporation | 1,234 | 12.3% |
| 41 | Hmh Holding Inc | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Matthews International's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-09-28. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Matthews International's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Miscellaneous Fabricated Products industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (65 companies).| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 36.61 % | 29.68 % (avg) | +6.9 pp |
| Operating Margin | 12.48 % | industry median | +0.9 pp |
| EBITDA Margin | 22.02 % | 11.51 % (avg) | +10.5 pp |
| Capital Intensity (Capex / Revenue) | - | 8.98 % (avg) | - |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Matthews International's Valuation vs Competitive Position
Valuation multiples vs the Miscellaneous Fabricated Products industry average (65 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full Miscellaneous Fabricated Products industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | - | 26.8x | - |
| EV / EBITDA | 6.5x | 14.2x | -7.7x |
| P/B | 1.7x | 3.7x | -2.0x |
| Return on Equity | -3.21 % | industry aggregate | -19.56 % |
| Return on Invested Capital | 6.99 % | 5.40 % (avg) | 1.59 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Matthews International's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in SEC filings.| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | 6.94 % | -4.93 % | -0.53 % | 13.35 % | 2.91 % | 6.08 % | -7.05 % | -21.03 % |
| Operating Margin | 8.16 % | -0.71 % | -3.22 % | 2.46 % | -2.11 % | 4.27 % | -0.92 % | 17.08 % |
| Return on Invested Capital | 4.45 % | -0.39 % | -2.04 % | 1.81 % | -1.72 % | 3.96 % | -0.84 % | 11.38 % |
| P/E | 17.8x | - | - | - | - | 32.7x | - | 36.3x |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Matthews International's Strategic Group Map
Every company in Matthews International's industry and named-competitor list, plotted by trailing 12-month revenue growth and operating margin. Matthews International is shown in red; its closest peers by combined growth, margin and ROIC (the Similar Growth & Profitability group above) are labeled.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Matthews International's BCG Growth-Share Matrix
Relative market share (vs Matthews International's largest competitor by market cap) against industry revenue growth, using the standard textbook thresholds (1.0x share, 10% growth) a common framework, not a precision instrument.
Matthews International falls in the Dog quadrant: relative market share of 0.00x vs its largest competitor, in an industry growing revenue 3.8% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution.
Matthews International's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | High | Industry HHI of 1,205 (see Industry Market Structure & Concentration above) |
| Supplier Power | Not covered on this page | See Matthews International's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Matthews International's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Matthews International's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Matthews International falls in the Low attractiveness / Medium strength cell: Harvest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Matthews International's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
No rule matched.
Weaknesses
- Return on equity 19.6 points below the industry aggregate.
- Latest-quarter revenue run-rate is decelerating (-11.2% annualized vs trailing 12 months).
- Underperforming the U.S.A. 500 over the trailing 12 months.
- Low relative market share vs the industry leader (0.00x).
Opportunities
No rule matched.
Threats
No rule matched.
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Matthews International's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Matthews International Corp | 0.11 | 1.58 | 1.60 |
| Applied Materials Inc | 0.79 | 2.53 | 0.29 |
| Corning Inc | 0.25 | 1.64 | 0.68 |
| 3m Company | - | 1.57 | 3.20 |
| Honeywell International Inc | 0.51 | 1.31 | 2.10 |
| Packaging Corp Of America | 0.46 | 3.08 | 0.85 |
Sign in to see all peers for Matthews International Corp.
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Matthews International's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Matthews International Corp | Q2 2026 | -29.6 % | - |
| Applied Materials Inc | Q2 2026 | +24.8 % | +42.7 % |
| Corning Inc | Q2 2026 | +16.6 % | +21.8 % |
| 3m Company | Q2 2026 | +2.5 % | +29.4 % |
| Honeywell International Inc | Q2 2026 | -6.1 % | +262.4 % |
| Packaging Corp Of America | Q2 2026 | +14.7 % | -20.9 % |
| PEERS TOTAL | +3.6 % | +104.7 % |
Sign in to see all peers for Matthews International Corp.
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Matthews International's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Matthews International Corp | Q2 2026 | -30.6 % | -50.4 % |
| Applied Materials Inc | Q2 2026 | +21.1 % | +21.1 % |
| Corning Inc | Q2 2026 | +16.5 % | +37.0 % |
| 3m Company | Q2 2026 | +4.7 % | +7.2 % |
| Honeywell International Inc | Q2 2026 | +7.2 % | +39.4 % |
| Packaging Corp Of America | Q2 2026 | +17.1 % | - |
Sign in to see all peers for Matthews International Corp.
Matthews International's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Matthews International Corp | - | - | - |
| Applied Materials Inc | 23.70% | 28.79% | 41.02% |
| Corning Inc | 6.63% | 8.04% | 16.66% |
| 3m Company | 8.27% | 11.16% | 76.55% |
| Honeywell International Inc | 10.74% | 17.01% | 49.57% |
| Packaging Corp Of America | 6.35% | 7.44% | 14.85% |
Sign in to see all peers for Matthews International Corp.
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Matthews International's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Matthews International Corp | - | 0.55 |
| Applied Materials Inc | 42.07 | 12.63 |
| Corning Inc | 69.21 | 7.82 |
| 3m Company | 30.10 | 3.52 |
| Honeywell International Inc | 8.31 | 1.87 |
| Packaging Corp Of America | 23.71 | 2.19 |
| PEERS AVERAGE | 34.61 | 4.30 |
Sign in to see all peers for Matthews International Corp.
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.