Matthews International Corporation (MATW) — Cash Flow Quality Index
Matthews International Corporation (MATW) has a Cash Flow Quality Index of -1.19x as of December 2025. Operating cash flow of $-51.99 Million is below net income of $43.63 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore MATW operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Matthews International Corporation Cash Flow Quality Index (1994–2023)
Historical Cash Flow Quality Index for Matthews International Corporation across 27 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see MATW cash flow conversion.
Annual Cash Flow Quality Index for Matthews International Corporation (1994–2023)
Year-by-year earnings quality comparison for Matthews International Corporation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | 2.03x | $79.52 Million | $39.14 Million | ▼ -96.4% |
| 2021 | 56.97x | $162.81 Million | $2.86 Million | ▲ +4034.7% |
| 2018 | 1.38x | $147.57 Million | $107.11 Million | ▼ -31.8% |
| 2017 | 2.02x | $149.30 Million | $73.93 Million | ▼ -4.8% |
| 2016 | 2.12x | $140.27 Million | $66.16 Million | ▼ -4.9% |
| 2015 | 2.23x | $141.06 Million | $63.29 Million | ▲ +6.9% |
| 2014 | 2.08x | $92.40 Million | $44.32 Million | ▲ +4.4% |
| 2013 | 2.00x | $109.33 Million | $54.77 Million | ▲ +34.2% |
| 2012 | 1.49x | $82.12 Million | $55.20 Million | ▲ +14.4% |
| 2011 | 1.30x | $95.56 Million | $73.46 Million | ▼ -12.3% |
| 2010 | 1.48x | $106.49 Million | $71.77 Million | ▼ -5.7% |
| 2009 | 1.57x | $90.86 Million | $57.73 Million | ▲ +19.7% |
| 2008 | 1.32x | $104.54 Million | $79.48 Million | ▲ +14.1% |
| 2007 | 1.15x | $74.60 Million | $64.73 Million | ▲ +15.9% |
| 2006 | 0.99x | $66.08 Million | $66.44 Million | ▼ -19.0% |
| 2005 | 1.23x | $73.43 Million | $59.82 Million | ▼ -17.2% |
| 2004 | 1.48x | $83.27 Million | $56.20 Million | ▲ +13.7% |
| 2003 | 1.30x | $58.49 Million | $44.89 Million | ▼ -17.8% |
| 2002 | 1.58x | $55.48 Million | $35.01 Million | ▲ +30.4% |
| 2001 | 1.22x | $38.40 Million | $31.60 Million | ▼ -10.6% |
| 2000 | 1.36x | $37.97 Million | $27.92 Million | ▲ +22.4% |
| 1999 | 1.11x | $27.77 Million | $25.00 Million | ▼ -28.2% |
| 1998 | 1.55x | $34.80 Million | $22.50 Million | ▼ -19.2% |
| 1997 | 1.91x | $37.50 Million | $19.60 Million | ▲ +102.3% |
| 1996 | 0.95x | $19.20 Million | $20.30 Million | ▼ -27.4% |
| 1995 | 1.30x | $20.20 Million | $15.50 Million | ▼ -10.6% |
| 1994 | 1.46x | $20.40 Million | $14.00 Million | — |