MATTHEWS INTERNATIONAL CORP CLASS (MATW)
Consumer Discretionary · Diversified industrial manufacturing and memorialization products · NASDAQ
Matthews International manufactures energy storage and battery production equipment alongside death care memorialization products while managing a significant dispute over dry battery electrode technology rights.
What MATTHEWS INTERNATIONAL CORP CLASS does
Matthews International is a diversified company operating through two main segments: Industrial Technologies, which manufactures equipment and systems for energy storage, battery production, and related industrial applications including dry battery electrode ("DBE") technology; and Memorialization, which produces caskets, cemetery memorial products, and cremation-related offerings for the funeral services industry. The company recently contributed its SGK Brand Solutions business to a joint venture (Propelis) and has been pursuing strategic divestitures to streamline operations.
Themes: ["Energy storage / battery manufacturing","EV supply chain","Death care services and products","Industrial automation"]
Fundamentals
- Price$26.98 as of 2026-07-09 close
- Market cap$820M as of 2026-07-10
- 1-year return+8.6% as of 2026-07-09 close
- P/E84.40 as of 2026-07-10
- Net margin+0.8% as of 2026-07-10
- Gross margin+36.6% as of 2026-07-10
- ROE+1.9% as of 2026-07-10
- Debt / equity1.13 as of 2026-07-10
- Revenue growth (YoY)-28.9% as of 2026-07-10
- Revenue CAGR (3y)+2.4% SEC XBRL
- Beta1.09 as of 2026-07-10
Dividend: yield +3.9%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Dispute with Tesla over trade secrets and DBE technology ownership; interim arbitration decision found Tesla liable on limited claims with ongoing damages determination and injunction on certain DBE machine parts","Heavy dependence on a single largest energy storage customer whose work timing and disputes create revenue volatility in the Industrial Technologies segment","Declining revenues (-28.9% YoY) reflecting portfolio divestitures and market headwinds, with ongoing strategic alternatives review creating execution uncertainty"]
Competitors & peers
- Tesla (TSLA)
- Redwood Materials
- Southland Holdings (cremation/funeral services)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.