MATV Mativ Holdings, Inc. Common Stock
MATV Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
MATV Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Financial Health Debt, liquidity, solvency — balance sheet strength
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount |
|---|---|
| May 29, 2026 | $0.1000 |
| March 13, 2026 | $0.1000 |
| Nov. 28, 2025 | $0.1000 |
| Aug. 29, 2025 | $0.1000 |
| May 23, 2025 | $0.1000 |
| March 14, 2025 | $0.1000 |
| Nov. 29, 2024 | $0.1000 |
| Aug. 23, 2024 | $0.1000 |
| May 23, 2024 | $0.1000 |
| March 7, 2024 | $0.1000 |
| Nov. 22, 2023 | $0.1000 |
| Aug. 24, 2023 | $0.1000 |
| May 25, 2023 | $0.4000 |
| March 6, 2023 | $0.4000 |
| Nov. 23, 2022 | $0.4000 |
| Aug. 18, 2022 | $0.4000 |
| May 19, 2022 | $0.4400 |
| March 10, 2022 | $0.4400 |
| Nov. 24, 2021 | $0.4400 |
| Aug. 19, 2021 | $0.4400 |
MATV Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
- Strong Buy 3 42.9%
- Buy 3 42.9%
- Hold 1 14.3%
- Sell 0 0.0%
- Strong Sell 0 0.0%
12-Month Price Target
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $0.50 | $0.29 | 0.21% |
| March 31, 2026 | $0.06 | $0.02 | 0.04% |
| Dec. 31, 2025 | $0.15 | $0.09 | 0.06% |
| Sept. 30, 2025 | $0.39 | $0.28 | 0.11% |
| June 30, 2025 | $0.33 | $0.18 | 0.15% |
| March 31, 2025 | $-0.14 | $-0.11 | -0.03% |
| Sept. 30, 2000 | $0.27 | $0.28 | -0.02% |
| June 30, 2000 | $0.20 | $0.24 | -0.03% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| MATV | $664M | -2.0 | 0.30% | -17.0% | -73.7% | 18.3% |
| PCT | — | — | — | — | — | — |
| KRO | $508M | -4.6 | -1.5% | -6.0% | -13.9% | 11.5% |
| TROX | $661M | -1.4 | -5.7% | -16.2% | -29.6% | 9.3% |
| KOP | $527M | 9.9 | -10.2% | 3.0% | 10.5% | — |
| WLKP | — | — | 2.7% | 4.2% | — | 29.8% |
| ASIX | $465M | 9.6 | 0.31% | 3.2% | 6.0% | — |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 17
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.99B | $1.98B | $2.03B | $1.64B | $931M | $1.07B | $1.02B | $1.04B | $982M | $840M | $764M | $794M | |
| Cost of Revenue | $1.62B | $1.62B | $1.67B | $1.33B | $748M | $766M | $733M | $763M | $699M | $582M | $540M | $576M | |
| Gross Profit | $363M | $364M | $356M | $306M | $183M | $308M | $290M | $278M | $283M | $258M | $224M | $219M | |
| R&D Expense | $24M | $23M | $21M | $19M | $12M | $14M | $14M | $15M | $18M | $18M | $14M | $16M | |
| SG&A Expense | $229M | $234M | $264M | $255M | $153M | $117M | $105M | $91M | $96M | $80M | $71M | $62M | |
| Operating Expenses | · | · | · | · | · | · | · | $142M | $147M | $122M | $107M | $100M | |
| Operating Income | $-384M | $6M | $-414M | $-40M | $-16M | $129M | $134M | $135M | $128M | $110M | $103M | $106M | |
| Interest Expense | · | · | $62M | $57M | $40M | $30M | $36M | $28M | $27M | $17M | $10M | $7M | |
| Other Non-op | $-8M | $-3M | $-5M | $1M | $30M | $-1M | $-1M | $10M | $100.0K | $0 | $12M | $9M | |
| Pretax Income | $-463M | $-79M | $-481M | $-96M | $-26M | $97M | $97M | $117M | $102M | $93M | $106M | $108M | |
| Income Tax | $-126M | $-30M | $27M | $-28M | $-28M | $18M | $15M | $11M | $70M | $15M | $22M | $20M | |
| Net Income | $-337M | $-49M | $-310M | $-7M | $89M | $84M | $86M | $94M | $34M | $83M | $90M | $90M | |
| EPS (Basic) | $-6.19 | $-0.90 | $-5.69 | $-0.18 | $2.83 | $2.68 | $2.78 | $3.07 | $1.12 | $2.71 | $2.95 | $2.94 | |
| EPS (Diluted) | $-6.19 | $-0.90 | $-5.69 | $-0.18 | $2.80 | $2.66 | $2.76 | $3.06 | $1.12 | $2.70 | $2.94 | $2.93 | |
| Shares (Basic) | 54,607,100 | 54,313,300 | 54,506,900 | 42,442,200 | 31,030,400 | 30,832,700 | 30,652,200 | 30,551,300 | 30,407,100 | 30,310,900 | 30,251,400 | 30,238,000 | |
| Shares (Diluted) | 54,607,100 | 54,313,300 | 54,506,900 | 42,442,200 | 31,400,300 | 31,104,200 | 30,838,300 | 30,692,900 | 30,549,300 | 30,463,400 | 30,374,300 | 30,356,500 | |
| EBITDA | $-243M | $150M | $-266M | $181M | $176M | $201M | $192M | $197M | $184M | $151M | $144M | $151M |
Balance Sheet 29
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $84M | $94M | $120M | $101M | $71M | $55M | $103M | $94M | $107M | $107M | $186M | $290M | |
| Receivables | $181M | $162M | $176M | $178M | $238M | $148M | $143M | $155M | $149M | $115M | $119M | $94M | |
| Inventory | $329M | $355M | $353M | $415M | $260M | $180M | $161M | $152M | $155M | $119M | $112M | $108M | |
| Other Current Assets | $21M | $26M | $32M | $28M | $12M | $7M | $7M | $5M | $5M | $5M | $5M | $6M | |
| Current Assets | $639M | $658M | $712M | $975M | $595M | $396M | $428M | $429M | $433M | $364M | $445M | $519M | |
| PP&E (Net) | $625M | $620M | $672M | $692M | $462M | $339M | $330M | $340M | $362M | $307M | $308M | $362M | |
| PP&E (Gross) | · | · | · | · | · | · | · | $792M | $810M | $684M | $663M | $733M | |
| Accum. Depreciation | · | · | · | · | · | · | · | $452M | $448M | $377M | $355M | $371M | |
| Goodwill | $58M | $466M | $474M | $844M | $645M | $404M | $337M | $338M | $341M | $230M | $233M | $126M | |
| Intangibles | $514M | $553M | $631M | $710M | $514M | $315M | $251M | $273M | $297M | $178M | $214M | $89M | |
| Other Non-current Assets | $64M | $80M | $82M | $110M | $76M | $69M | $69M | $34M | $40M | $28M | $22M | $20M | |
| Total Assets | $2.05B | $2.45B | $2.64B | $3.67B | $2.42B | $1.58B | $1.47B | $1.47B | $1.54B | $1.17B | $1.29B | $1.19B | |
| Accounts Payable | $161M | $152M | $139M | $181M | $116M | $60M | $66M | $66M | $59M | $50M | $49M | $45M | |
| Accrued Liabilities | $111M | $101M | $114M | $129M | $102M | $101M | $86M | $73M | $79M | $77M | $86M | $76M | |
| Short-term Debt | · | · | · | · | · | $0 | $0 | $100.0K | $2M | $0 | · | · | |
| Current Liabilities | $285M | $274M | $281M | $466M | $231M | $167M | $158M | $144M | $147M | $136M | $143M | $124M | |
| Capital Leases | $39M | $36M | $35M | $25M | $19M | $16M | $17M | · | · | · | · | · | |
| Deferred Tax | $75M | $101M | $142M | $152M | $95M | $45M | $48M | $48M | $42M | $39M | $74M | $83M | |
| Other Non-current Liabilities | $69M | $20M | $44M | $32M | $70M | $79M | $74M | $43M | $60M | $29M | $32M | $31M | |
| Total Liabilities | $1.55B | $1.59B | $1.69B | $2.49B | $1.74B | $935M | $874M | $909M | $996M | $665M | $822M | $696M | |
| Long-term Debt | $1.03B | $1.11B | $1.13B | $1.72B | $1.29B | $598M | $543M | $622M | $684M | $440M | $580M | $440M | |
| Total Debt | $1.02B | $1.09B | $1.10B | $1.69B | $1.27B | $593M | $543M | $622M | · | · | $572M | $440M | |
| Common Stock | $6M | $5M | $5M | $6M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | |
| Paid-in Capital | $685M | $676M | $670M | $658M | $102M | $92M | $79M | $71M | $66M | $59M | $54M | $50M | |
| Retained Earnings | $-196M | $164M | $235M | $611M | $696M | $666M | $638M | $608M | $567M | $585M | $553M | $513M | |
| AOCI | $4M | $13M | $39M | $-95M | $-119M | $-112M | $-123M | $-124M | $-89M | $-139M | $-141M | $-76M | |
| Stockholders' Equity | $499M | $858M | $949M | $1.18B | $682M | $650M | $598M | $558M | $547M | $508M | $468M | $489M | |
| Liabilities + Equity | $2.05B | $2.45B | $2.64B | $3.67B | $2.42B | $1.58B | $1.47B | $1.47B | $1.54B | $1.17B | $1.29B | $1.19B | |
| Shares Outstanding | 54,681,114 | 54,335,830 | 54,211,124 | 54,929,973 | 31,449,563 | 31,324,745 | 30,896,661 | 30,771,244 | 30,711,299 | 30,544,494 | 30,474,149 | 30,465,522 |
Cash Flow 19
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $141M | $144M | $148M | $110M | $67M | $70M | $58M | $62M | $60M | $44M | $41M | $45M | |
| Stock-based Comp | $11M | $11M | $10M | $20M | $8M | $9M | $8M | $5M | $7M | $6M | $4M | $6M | |
| Deferred Tax | $-130M | $-34M | $24M | $-29M | $-29M | $-5M | $-3M | $8M | $2M | $-16M | $-7M | $3M | |
| Amort. of Intangibles | $63M | $63M | $61M | $53M | $40M | $25M | $20M | $21M | $21M | $12M | $6M | $3M | |
| Restructuring | $8M | $22M | $4M | $5M | $5M | $12M | $4M | $1M | $4M | $4M | $8M | $11M | |
| Other Non-cash | $458M | $23M | $214M | $155M | $-166M | $-4M | $11M | $-54M | $16M | $2M | $30M | $40M | |
| Operating Cash Flow | $134M | $95M | $107M | $202M | $58M | $162M | $160M | $139M | $131M | $130M | $145M | $166M | |
| CapEx | $40M | $55M | $66M | $46M | $19M | $30M | $29M | $27M | $37M | $28M | $24M | $35M | |
| Investing Cash Flow | $-37M | $-57M | $547M | $-481M | $-636M | $-203M | $-15M | $-28M | $-318M | $-22M | $-314M | $-74M | |
| Debt Issued | $82M | $531M | $241M | $775M | $744M | $213M | $19M | $634M | $440M | $36M | $488M | $228M | |
| Net Debt Issued | $-80M | $-24M | $-594M | $433M | $689M | $47M | $-80M | $-60M | $232M | $-135M | $150M | $58M | |
| Stock Repurchased | · | · | $11M | $7M | $3M | $1M | $900.0K | $3M | $1M | $700.0K | $3M | $52M | |
| Net Stock Activity | · | · | $-11M | $-7M | $-3M | $-1M | $-900.0K | $-3M | $-1M | $-700.0K | $-3M | $-52M | |
| Dividends Paid | $22M | $22M | $55M | $72M | $55M | $55M | $54M | $53M | $52M | $49M | $47M | $44M | |
| Financing Cash Flow | $-107M | $-56M | $-663M | $332M | $600M | $-9M | $-136M | $-121M | $180M | $-186M | $92M | $-39M | |
| Net Change in Cash | $-4M | $-26M | $-4M | $50M | $20M | $-48M | $9M | $-13M | $-500.0K | $-79M | $-104M | $18M | |
| Taxes Paid | $12M | $15M | $38M | $26M | $22M | $15M | $21M | $23M | $38M | $32M | $9M | $18M | |
| Free Cash Flow | $94M | $40M | $41M | $145M | $22M | $132M | $132M | $112M | $94M | $102M | $120M | $131M | |
| Levered FCF | · | · | $-25M | $104M | $-30M | $107M | $101M | $86M | $85M | $88M | $113M | $125M |
Profitability 8
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 18.3% | 18.4% | 17.6% | 20.2% | 22.9% | 28.7% | 28.3% | 26.8% | 28.7% | 30.6% | 29.4% | 27.6% | |
| Operating Margin | -19.4% | 0.32% | -20.4% | 2.4% | 5.8% | 12.0% | 13.1% | 13.0% | 12.7% | 12.6% | 13.5% | 13.4% | |
| Net Margin | -17.0% | -2.5% | -15.3% | -0.30% | 6.2% | 7.8% | 8.4% | 9.1% | 3.5% | 9.9% | 11.7% | 11.3% | |
| Pretax Margin | -23.3% | -4.0% | -23.7% | -1.1% | 5.1% | 9.1% | 9.5% | 11.2% | 10.3% | 11.1% | 13.8% | 13.6% | |
| EBITDA Margin | -12.2% | 7.6% | -13.1% | 8.3% | 12.2% | 18.7% | 18.7% | 18.9% | 18.8% | 17.9% | 18.9% | 19.0% | |
| ROA | -15.0% | -1.9% | -9.8% | -0.22% | 4.4% | 5.5% | 5.8% | 6.3% | · | · | 7.2% | 7.4% | |
| ROE | -73.7% | -5.6% | -38.2% | -0.57% | 13.5% | 13.1% | 14.6% | 16.8% | · | · | 19.3% | 17.8% | |
| ROIC | -18.5% | 0.20% | -21.3% | 0.87% | 4.8% | 8.4% | 9.9% | 10.4% | · | · | 7.9% | 9.3% |
Liquidity & Solvency 5
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.2 | 2.4 | 2.5 | 2.1 | 2.6 | 2.4 | 2.7 | 3.0 | · | · | 3.1 | 4.2 | |
| Quick Ratio | 0.9 | 0.9 | 1.1 | 0.8 | 1.4 | 1.2 | 1.6 | 1.7 | · | · | 2.1 | 3.1 | |
| Debt / Equity | 2.0 | 1.3 | 1.2 | 1.4 | 1.9 | 0.9 | 0.9 | 1.1 | · | · | 1.2 | 0.9 | |
| LT Debt / Equity | 2.0 | 1.3 | 1.2 | 1.4 | 1.9 | 0.9 | 0.9 | 1.1 | · | · | 1.2 | 0.9 | |
| Interest Coverage | · | · | -6.7 | 0.6 | 1.8 | 4.2 | 3.7 | 4.8 | 4.6 | 6.4 | 10.6 | 14.7 |
Efficiency 3
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.9 | 0.8 | 0.6 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | · | · | 0.6 | 0.7 | |
| Inventory Turnover | 4.7 | 4.6 | 4.4 | 4.4 | 5.1 | 4.5 | 4.7 | 5.0 | · | · | 4.9 | 4.8 | |
| Receivables Turnover | 11.6 | 11.7 | 11.4 | 8.6 | 7.5 | 7.4 | 6.9 | 6.9 | · | · | 7.2 | 7.9 |
Growth Rates 6
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 0.30% | -2.2% | 23.8% | 75.9% | -13.4% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 6.7% | 28.6% | 23.5% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 13.1% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | · | · | · | · | 5.3% | · | · | · | · | · | · | · | |
| Net Income YoY | · | · | · | · | 6.1% | · | · | · | · | · | · | · | |
| Dividend CAGR 5Y | -16.5% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM) 16
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $1.99B | $1.98B | $2.03B | $1.64B | $931M | $1.07B | $1.02B | $1.04B | $982M | $840M | $764M | $794M | |
| Net Income TTM | $-337M | $-49M | $-310M | $-7M | $89M | $84M | $86M | $94M | $34M | $83M | $90M | $90M | |
| Market Cap | $664M | $592M | $830M | $1.15B | $940M | $1.26B | $1.30B | $771M | · | · | $1.28B | $1.29B | |
| Enterprise Value | $1.60B | $1.59B | $1.81B | $2.72B | $2.14B | $1.80B | $1.74B | $1.30B | · | · | $1.66B | $1.44B | |
| P/E | -2.0 | -12.1 | -2.7 | -116.1 | 10.7 | 15.1 | 15.2 | 8.2 | 40.5 | 16.9 | 14.3 | 14.4 | |
| P/S | 0.3 | 0.3 | 0.4 | 0.7 | 1.0 | 1.2 | 1.3 | 0.7 | · | · | 1.7 | 1.6 | |
| P/B | 1.3 | 0.7 | 0.9 | 1.0 | 1.4 | 1.9 | 2.2 | 1.4 | · | · | 2.7 | 2.6 | |
| P / Cash Flow | 5.0 | 6.2 | 7.8 | 5.7 | 16.2 | 7.8 | 8.1 | 5.5 | · | · | 8.8 | 7.8 | |
| P / FCF | 7.1 | 14.9 | 20.4 | 7.9 | 42.4 | 9.6 | 9.9 | 6.9 | · | · | 10.6 | 9.9 | |
| EV / EBITDA | -6.6 | 10.6 | -6.8 | 15.0 | 12.1 | 8.9 | 9.1 | 6.6 | · | · | 11.6 | 9.5 | |
| EV / FCF | 17.0 | 39.9 | 44.7 | 18.7 | 96.2 | 13.7 | 13.2 | 11.6 | · | · | 13.8 | 11.0 | |
| EV / Revenue | 0.8 | 0.8 | 0.9 | 1.7 | 2.3 | 1.7 | 1.7 | 1.2 | · | · | 2.2 | 1.8 | |
| Dividend Yield | 3.4% | 3.6% | 6.7% | 6.3% | 5.9% | 4.4% | 4.2% | 6.9% | · | · | 3.7% | 3.5% | |
| Earnings Yield | -50.9% | -8.3% | -37.2% | -0.86% | 9.4% | 6.6% | 6.6% | 12.2% | 2.5% | 5.9% | 7.0% | 6.9% | |
| Payout Ratio | -6.6% | -44.4% | -17.9% | -1093.9% | 62.2% | 65.6% | 63.4% | 56.3% | 150.4% | 59.7% | 52.3% | 49.6% | |
| Annual Payout | $22M | $22M | $55M | $72M | $55M | $55M | $54M | $53M | $52M | $49M | $47M | $44M |
Income Statement 16
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $532M | $480M | $463M | $514M | $525M | $485M | $459M | $498M | $524M | $500M | $452M | $498M | $526M | $549M | $252M | $552M | |
| Cost of Revenue | $418M | $395M | $376M | $414M | $422M | $412M | $381M | $405M | $415M | $416M | $366M | $412M | $431M | $461M | $234M | $455M | |
| Gross Profit | $113M | $85M | $87M | $99M | $104M | $73M | $78M | $94M | $109M | $84M | $86M | $87M | $96M | $88M | $18M | $96M | |
| R&D Expense | $5M | $6M | $5M | $6M | $7M | $6M | $6M | $6M | $6M | $6M | $5M | $5M | $4M | $7M | $2M | $6M | |
| SG&A Expense | $57M | $55M | $54M | $54M | $57M | $63M | $53M | $54M | $65M | $62M | $78M | $63M | $60M | $62M | $56M | $101M | |
| Operating Income | $35M | $7M | $10M | $16M | $20M | $-431M | $3M | $7M | $10M | $-14M | $-2M | $-420M | $10M | $-2M | $-47M | $-32M | |
| Interest Expense | · | · | · | · | · | · | · | · | · | $18M | · | $17M | $28M | $16M | · | $15M | |
| Other Non-op | $-500.0K | $2M | $-3M | $-4M | $2M | $-2M | $9M | $-13M | $-1M | $2M | $-1M | $-300.0K | $-3M | $-700.0K | $-13M | $1M | |
| Pretax Income | $7M | $-9M | $-10M | $-6M | $3M | $-450M | $-16M | $-24M | $-9M | $-30M | $-17M | $-437M | $-9M | $-18M | $-68M | $-45M | |
| Income Tax | $3M | $3M | $-111M | $-2M | $12M | $-25M | $-17M | $-3M | $-8M | $-2M | $-3M | $27M | $6M | $-3M | $-23M | $-11M | |
| Net Income | $4M | $-12M | $101M | $-3M | $-10M | $-426M | $2M | $-21M | $-1M | $-28M | $158M | $-455M | $-4M | $-8M | $2M | $-22M | |
| EPS (Basic) | $0.06 | $-0.22 | $1.87 | $-0.06 | $-0.18 | $-7.82 | $0.03 | $-0.38 | $-0.03 | $-0.52 | $2.86 | $-8.33 | $-0.08 | $-0.14 | $-0.16 | $-0.43 | |
| EPS (Diluted) | $0.06 | $-0.22 | $1.87 | $-0.06 | $-0.18 | $-7.82 | $0.03 | $-0.38 | $-0.03 | $-0.52 | $2.86 | $-8.33 | $-0.08 | $-0.14 | $-0.16 | $-0.43 | |
| Shares (Basic) | 55,118,000 | 54,828,500 | -109,136,900 | 54,671,900 | 54,624,900 | 54,447,200 | -108,603,900 | 54,327,500 | 54,321,800 | 54,267,900 | -109,291,600 | 54,659,100 | 54,656,400 | 54,483,000 | -72,569,800 | 52,593,900 | |
| Shares (Diluted) | 55,679,200 | 54,828,500 | -109,136,900 | 54,671,900 | 54,624,900 | 54,447,200 | -108,603,900 | 54,327,500 | 54,321,800 | 54,267,900 | -109,291,600 | 54,659,100 | 54,656,400 | 54,483,000 | -72,975,200 | 52,593,900 | |
| EBITDA | $35M | $42M | · | $16M | $20M | $-395M | · | $7M | $10M | $22M | · | $-420M | $34M | $51M | · | $-14M |
Balance Sheet 26
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $66M | $82M | $84M | $97M | $96M | $84M | $94M | $162M | $133M | $129M | · | $85M | $108M | $97M | $101M | $82M | |
| Receivables | $211M | $203M | $181M | $201M | $209M | $202M | $162M | $208M | $218M | $226M | · | $179M | $278M | $304M | · | $454M | |
| Inventory | $340M | $335M | $329M | $330M | $344M | $346M | $355M | $354M | $347M | $341M | · | $365M | $522M | $544M | · | $485M | |
| Other Current Assets | $22M | $26M | $21M | $22M | $25M | $25M | $26M | $36M | $32M | $35M | · | $29M | $36M | $39M | · | $16M | |
| Current Assets | $655M | $665M | $639M | $672M | $701M | $686M | $658M | $777M | $752M | $759M | · | $914M | $963M | $1.01B | · | $1.06B | |
| PP&E (Net) | $595M | $607M | $609M | $615M | $632M | $622M | $620M | $636M | $633M | $652M | · | $665M | $875M | $872M | · | $843M | |
| Goodwill | $56M | $57M | $58M | $57M | $58M | $55M | $466M | $476M | $470M | $471M | $474M | $468M | $875M | $871M | $844M | $849M | |
| Intangibles | $476M | $493M | $514M | $529M | $547M | $545M | $553M | $586M | $592M | $610M | · | $637M | $660M | $675M | · | $661M | |
| Other Non-current Assets | $64M | $64M | $64M | $62M | $70M | $72M | $80M | $77M | $90M | $89M | · | $129M | $122M | $106M | · | $200M | |
| Total Assets | $1.99B | $2.03B | $2.05B | $2.00B | $2.08B | $2.05B | $2.45B | $2.62B | $2.61B | $2.65B | · | $3.12B | $3.65B | $3.67B | · | $3.71B | |
| Accounts Payable | $199M | $184M | $161M | $185M | $173M | $177M | $152M | $173M | $169M | $166M | · | $149M | $214M | $254M | · | $239M | |
| Accrued Liabilities | $118M | $96M | $109M | $113M | $103M | $89M | $101M | $131M | $110M | $100M | · | $109M | $151M | $154M | · | $187M | |
| Current Liabilities | $331M | $294M | $285M | $315M | $296M | $288M | $274M | $328M | $305M | $300M | · | $404M | $426M | $468M | · | $439M | |
| Capital Leases | $36M | $38M | $39M | $40M | $42M | $36M | $36M | $35M | $35M | $36M | · | $30M | $38M | $27M | · | · | |
| Deferred Tax | $71M | $73M | $75M | $81M | $86M | $77M | $101M | $116M | $121M | $131M | · | $137M | $160M | $158M | · | $140M | |
| Other Non-current Liabilities | $46M | $58M | $69M | $70M | $75M | $31M | $20M | $46M | $38M | $38M | · | $26M | $58M | $51M | · | $65M | |
| Total Liabilities | $1.52B | $1.56B | $1.55B | $1.60B | $1.66B | $1.62B | $1.59B | $1.74B | $1.71B | $1.75B | · | $2.44B | $2.50B | $2.52B | · | $2.58B | |
| Long-term Debt | $1.01B | $1.05B | $1.03B | $1.05B | $1.11B | $1.14B | $1.09B | $1.16B | $1.16B | $1.18B | · | $1.76B | $1.77B | $1.76B | · | $1.86B | |
| Total Debt | $974M | $1.04B | · | $1.03B | $1.09B | $1.12B | · | $1.14B | $1.14B | $1.16B | · | $1.74B | $1.75B | $1.73B | · | · | |
| Common Stock | $6M | $6M | $6M | $6M | $6M | $6M | $5M | $5M | $5M | $5M | · | $5M | $6M | $6M | · | $6M | |
| Paid-in Capital | $687M | $685M | $685M | $683M | $681M | $678M | $676M | $672M | $670M | $667M | · | $668M | $666M | $662M | · | $654M | |
| Retained Earnings | $-215M | $-213M | $-196M | $-291M | $-282M | $-267M | $164M | $168M | $195M | $202M | · | $86M | $551M | $579M | · | $631M | |
| AOCI | $-6M | $-5M | $4M | $200.0K | $12M | $11M | $13M | $37M | $28M | $33M | · | $-87M | $-73M | $-88M | · | $-158M | |
| Stockholders' Equity | $471M | $472M | $499M | $397M | $417M | $428M | $858M | $882M | $898M | $907M | $949M | $673M | $1.15B | $1.16B | $1.18B | $1.13B | |
| Liabilities + Equity | $1.99B | $2.03B | $2.05B | $2.00B | $2.08B | $2.05B | $2.45B | $2.62B | $2.61B | $2.65B | · | $3.12B | $3.65B | $3.67B | · | $3.71B | |
| Shares Outstanding | 55,124,504 | 55,109,676 | 54,681,114 | 54,681,114 | 54,648,991 | 54,574,597 | 54,335,830 | 54,328,913 | 54,324,185 | 54,311,255 | 54,211,124 | 54,454,709 | 54,840,660 | 54,919,923 | 54,929,973 | 54,951,290 |
Cash Flow 19
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $35M | $35M | $35M | $35M | $36M | $35M | $35M | $36M | $36M | $36M | $35M | $28M | $33M | $37M | $37M | $22M | |
| Stock-based Comp | $2M | $2M | $2M | $2M | $3M | $4M | $3M | $3M | $3M | $3M | $1M | $3M | $3M | $4M | $4M | $10M | |
| Deferred Tax | $1M | $-200.0K | $-111M | $-5M | $13M | $-27M | $-12M | $-1M | $-11M | $-9M | $-1M | $34M | $4M | $-4M | $-24M | $100.0K | |
| Amort. of Intangibles | $16M | $16M | $16M | $16M | $16M | $15M | $16M | $15M | $16M | $16M | $16M | $16M | $16M | $14M | $16M | $15M | |
| Restructuring | $700.0K | $1M | $1M | $2M | $4M | $1M | $600.0K | $2M | $5M | $14M | $2M | $1M | $500.0K | $0 | $5M | $-100.0K | |
| Other Non-cash | · | $-52M | · | · | · | $376M | · | · | · | $-27M | · | · | · | $-104M | · | · | |
| Operating Cash Flow | $68M | $1M | $19M | $73M | $58M | $-16M | $24M | $38M | $46M | $-13M | $54M | $33M | $40M | $-21M | $185M | $-800.0K | |
| CapEx | $8M | $8M | $11M | $6M | $9M | $14M | $22M | $12M | $9M | $12M | $17M | $7M | $16M | $14M | $18M | $9M | |
| Investing Cash Flow | $-7M | $-8M | $-14M | $-5M | $-7M | $-11M | $-15M | $-9M | $-11M | $-21M | $605M | $-19M | $-20M | $-19M | $-20M | $-480M | |
| Debt Issued | $677M | $16M | $18M | $0 | $10M | $54M | $404M | $33M | $25M | $69M | $61M | $65M | $60M | $55M | $54M | $680M | |
| Net Debt Issued | · | $16M | · | · | · | $31M | · | · | · | $52M | · | · | · | $36M | · | · | |
| Stock Repurchased | · | · | · | · | · | · | · | $0 | $100.0K | $700.0K | · | $4M | $2M | $1M | · | $3M | |
| Net Stock Activity | · | · | · | · | · | · | · | · | · | $-700.0K | · | · | · | $-1M | · | · | |
| Dividends Paid | $6M | $6M | $6M | $5M | $6M | $6M | $5M | $5M | $5M | $5M | $6M | $6M | $22M | $22M | $22M | $22M | |
| Financing Cash Flow | $-77M | $6M | $-19M | $-70M | $-42M | $24M | $-68M | $-4M | $-29M | $46M | $-649M | $-16M | $-10M | $12M | $-129M | $512M | |
| Net Change in Cash | $-16M | $-2M | $-13M | $-3M | $12M | $-500.0K | $-68M | $29M | $4M | $9M | $17M | $-4M | $11M | $-27M | $42M | $26M | |
| Taxes Paid | $-2M | $-600.0K | $2M | $7M | $1M | $2M | $7M | $-500.0K | $7M | $2M | $10M | $8M | $17M | $2M | $9M | $-100.0K | |
| Free Cash Flow | · | $-7M | · | · | · | $-30M | · | · | · | $-25M | · | · | · | $-40M | · | · | |
| Levered FCF | · | · | · | · | · | · | · | · | · | $-42M | · | · | · | $-60M | · | · |
Profitability 8
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 21.3% | 17.7% | · | 19.4% | 19.7% | 15.0% | · | 18.8% | 20.8% | 16.8% | · | 17.4% | 19.2% | 16.1% | · | 18.3% | |
| Operating Margin | 6.6% | 1.5% | · | 3.1% | 3.8% | -88.8% | · | 1.4% | 2.0% | -2.8% | · | -84.3% | 5.0% | 1.4% | · | -2.1% | |
| Net Margin | 0.68% | -2.4% | · | -0.62% | -1.8% | -87.8% | · | -4.2% | -0.27% | -5.6% | · | -91.3% | -0.67% | -1.1% | · | -3.3% | |
| Pretax Margin | 1.3% | -1.8% | · | -1.1% | 0.57% | -92.9% | · | -4.8% | -1.7% | -6.1% | · | -87.7% | 0.30% | -1.5% | · | -5.2% | |
| EBITDA Margin | 6.6% | 8.8% | · | 3.1% | 3.8% | -81.5% | · | 1.4% | 2.0% | 4.5% | · | -84.3% | 5.0% | 7.6% | · | -2.1% | |
| ROA | 0.18% | -0.57% | · | -0.14% | -0.41% | -18.1% | · | -0.72% | -0.04% | -0.89% | · | -13.3% | -0.15% | -0.25% | · | -0.73% | |
| ROE | 0.81% | -2.6% | · | -0.50% | -1.5% | -63.7% | · | -2.7% | -0.14% | -2.7% | · | -50.4% | -0.49% | -0.83% | · | -2.5% | |
| ROIC | 1.3% | 0.65% | · | 0.64% | -4.2% | -26.2% | · | 0.30% | 0.08% | -0.62% | · | -18.5% | -2.7% | 0.25% | · | -0.83% |
Liquidity & Solvency 5
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.0 | 2.3 | · | 2.1 | 2.4 | 2.4 | · | 2.4 | 2.5 | 2.5 | · | 2.3 | 2.3 | 2.1 | · | 2.4 | |
| Quick Ratio | 0.8 | 1.0 | · | 0.9 | 1.0 | 1.0 | · | 1.1 | 1.2 | 1.2 | · | 0.7 | 0.9 | 0.9 | · | 1.2 | |
| Debt / Equity | 2.1 | 2.2 | · | 2.6 | 2.6 | 2.6 | · | 1.3 | 1.3 | 1.3 | · | 2.6 | 1.5 | 1.5 | · | · | |
| LT Debt / Equity | 2.1 | 2.2 | · | 2.6 | 2.6 | 2.6 | · | 1.3 | 1.3 | 1.3 | · | 2.5 | 1.5 | 1.5 | · | · | |
| Interest Coverage | · | · | · | · | · | · | · | · | · | -0.8 | · | -25.0 | 1.2 | 0.4 | · | -0.6 |
Efficiency 3
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.3 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.1 | 0.2 | 0.2 | · | 0.2 | |
| Inventory Turnover | 1.2 | 1.2 | · | 1.2 | 1.2 | 1.2 | · | 1.1 | 1.0 | 0.9 | · | 1.0 | 1.4 | 1.4 | · | 1.5 | |
| Receivables Turnover | 2.5 | 2.4 | · | 2.5 | 2.5 | 2.3 | · | 2.6 | 2.1 | 1.9 | · | 1.6 | 2.4 | 2.3 | · | 1.9 |
Valuation (TTM) 14
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $2.05B | $2.00B | · | $2.02B | $2.03B | $2.01B | · | $2.02B | $2.05B | $2.07B | · | $2.13B | $2.05B | $1.93B | · | $1.78B | |
| Net Income TTM | $-21M | $-450M | · | $-459M | $-457M | $-476M | · | $-505M | $-489M | $-495M | · | $-490M | $-23M | $-17M | · | $44M | |
| Market Cap | $417M | $479M | · | $618M | $373M | $340M | · | $923M | $921M | $1.02B | · | $777M | $829M | $1.18B | · | $1.21B | |
| Enterprise Value | $1.33B | $1.43B | · | $1.55B | $1.37B | $1.38B | · | $1.90B | $1.92B | $2.05B | · | $2.43B | $2.47B | $2.82B | · | · | |
| P/E | -18.9 | -1.1 | · | -1.3 | -0.8 | -0.7 | · | -1.8 | -1.9 | -2.1 | · | -1.6 | -52.1 | -134.2 | · | 13.3 | |
| P/S | 0.2 | 0.2 | · | 0.3 | 0.2 | 0.2 | · | 0.5 | 0.4 | 0.5 | · | 0.4 | 0.4 | 0.6 | · | 0.7 | |
| P/B | 0.9 | 1.0 | · | 1.6 | 0.9 | 0.8 | · | 1.0 | 1.0 | 1.1 | · | 1.2 | 0.7 | 1.0 | · | 1.1 | |
| P / Cash Flow | · | 479.5 | · | · | · | -21.4 | · | · | · | -78.3 | · | · | · | -57.0 | · | · | |
| P / FCF | · | -64.8 | · | · | · | -11.4 | · | · | · | -40.6 | · | · | · | -29.6 | · | · | |
| EV / EBITDA | 37.5 | 34.0 | · | 96.9 | 68.0 | -3.5 | · | 272.0 | 183.3 | 91.0 | · | -5.8 | 73.5 | 54.9 | · | · | |
| EV / FCF | · | -193.6 | · | · | · | -46.3 | · | · | · | -81.6 | · | · | · | -70.7 | · | · | |
| EV / Revenue | 0.6 | 0.7 | · | 0.8 | 0.7 | 0.7 | · | 0.9 | 0.9 | 1.0 | · | 1.1 | 1.2 | 1.5 | · | · | |
| Earnings Yield | -5.3% | -95.2% | · | -74.6% | -123.3% | -140.5% | · | -54.5% | -52.8% | -48.4% | · | -63.0% | -1.9% | -0.75% | · | 7.5% | |
| Payout Ratio | · | -50.4% | · | · | · | -1.3% | · | · | · | -19.3% | · | · | · | -285.7% | · | · |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Revenue | $1.99B | $1.98B | $2.03B | $1.64B | $931M |
| Gross Margin % | 18.3% | 18.4% | 17.6% | 20.2% | 22.9% |
| Operating Margin % | -19.4% | 0.32% | -20.4% | 2.4% | 5.8% |
| Net Income | $-337M | $-49M | $-310M | $-7M | $89M |
| Diluted EPS | $-6.19 | $-0.90 | $-5.69 | $-0.18 | $2.80 |
Balance Sheet
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Debt / Equity | 2.0 | 1.3 | 1.2 | 1.4 | 1.9 |
| Current Ratio | 2.2 | 2.4 | 2.5 | 2.1 | 2.6 |
| Quick Ratio | 0.9 | 0.9 | 1.1 | 0.8 | 1.4 |
Cash Flow
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Free Cash Flow | $94M | $40M | $41M | $145M | $22M |
My Metrics Your personal watchlist — selected rows from Full Fundamentals
Pick the metrics that matter to you — click the ➕ next to any row in Full Fundamentals above.
Your selection is saved and follows you across all tickers.
Institutional owners (13F) 222 filers · $255.7M total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 44 (+21 vs prior Q) | 26 (-4 vs prior Q) | 59 (-7 vs prior Q) | 58 (-4 vs prior Q) | +3.3M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| Rubric Capital Management LP | $30,147,086 | 3,982,442 | 11.79% | Shares |
| AMERICAN CENTURY COMPANIES INC | $23,384,025 | 3,089,039 | 9.15% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $18,685,266 | 2,468,331 | 7.31% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $18,376,463 | 2,427,538 | 7.19% | Shares |
| Invenomic Capital Management LP | $10,206,828 | 1,348,326 | 3.99% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $9,210,828 | 1,216,409 | 3.60% | Shares |
| STATE STREET CORP | $8,898,262 | 1,175,464 | 3.48% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $8,587,771 | 1,134,448 | 3.36% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $7,102,674 | 938,266 | 2.78% | Shares |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $7,086,792 | 936,168 | 2.77% | Shares |
| JACOBS LEVY EQUITY MANAGEMENT, INC | $4,970,606 | 656,619 | 1.94% | Shares |
| GOLDMAN SACHS GROUP INC | $4,870,727 | 643,425 | 1.91% | Shares |
| VANGUARD GROUP INC | $4,176,587 | 343,752 | 1.63% | Shares |
| JPMORGAN CHASE & CO | $4,156,875 | 542,673 | 1.63% | Shares |
| ICON ADVISERS INC/CO | $4,125,650 | 545,000 | 1.61% | Shares |
| DEPRINCE RACE & ZOLLO INC | $3,917,219 | 450,255 | 1.53% | Shares |
| D. E. Shaw & Co., Inc. | $3,873,781 | 511,728 | 1.52% | Shares |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | $3,842,873 | 507,645 | 1.50% | Shares |
| CITADEL ADVISORS LLC | $3,611,299 | 477,054 | 1.41% | Shares |
| PANAGORA ASSET MANAGEMENT INC | $3,233,753 | 427,180 | 1.26% | Shares |
| PRUDENTIAL FINANCIAL INC | $3,060,846 | 404,339 | 1.20% | Shares |
| Bank of New York Mellon Corp | $2,988,121 | 394,732 | 1.17% | Shares |
| Mayflower Financial Advisors, LLC | $2,840,612 | 375,246 | 1.11% | Shares |
| Qube Research & Technologies Ltd | $2,805,442 | 370,600 | 1.10% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $2,763,580 | 365,070 | 1.08% | Shares |
| BlackRock, Inc. | $2,720,363 | 359,361 | 1.06% | Shares |
| TUDOR INVESTMENT CORP ET AL | $2,418,168 | 319,441 | 0.95% | Shares |
| Cubist Systematic Strategies, LLC | $2,412,805 | 213,333 | 0.94% | Shares |
| First Eagle Investment Management, LLC | $2,395,822 | 316,489 | 0.94% | Shares |
| Barnett & Company, Inc. | $2,276,125 | 300,677 | 0.89% | Shares |
| Empowered Funds, LLC | $2,133,930 | 281,893 | 0.83% | Shares |
| Trexquant Investment LP | $1,742,682 | 230,209 | 0.68% | Shares |
| Point72 Asset Management, L.P. | $1,728,125 | 228,286 | 0.68% | Shares |
| NORGES BANK | $1,723,689 | 227,700 | 0.67% | Shares |
| LAZARD ASSET MANAGEMENT LLC | $1,708,647 | 225,713 | 0.67% | Shares |
| Vanguard Global Advisers, LLC | $1,551,472 | 204,950 | 0.61% | Shares |
| Man Group plc | $1,538,989 | 203,301 | 0.60% | Shares |
| PDT Partners, LLC | $1,529,882 | 202,098 | 0.60% | Shares |
| BANK OF AMERICA CORP /DE/ | $1,458,883 | 192,719 | 0.57% | Shares |
| WOLVERINE ASSET MANAGEMENT LLC | $1,184,993 | 156,538 | 0.46% | Shares |
| MORGAN STANLEY | $1,184,788 | 156,511 | 0.46% | Shares |
| FMR LLC | $1,081,602 | 142,880 | 0.42% | Shares |
| AMERIPRISE FINANCIAL INC | $1,041,654 | 137,603 | 0.41% | Shares |
| Squarepoint Ops LLC | $934,887 | 123,499 | 0.37% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $872,352 | 115,238 | 0.34% | Shares |
| GAMCO INVESTORS, INC. ET AL | $855,410 | 113,000 | 0.33% | Shares |
| SummerHaven Investment Management, LLC | $740,308 | 97,795 | 0.29% | Shares |
| ExodusPoint Capital Management, LP | $730,823 | 96,542 | 0.29% | Shares |
| Integrated Quantitative Investments LLC | $729,619 | 96,383 | 0.29% | Shares |
| Legato Capital Management LLC | $729,619 | 96,383 | 0.29% | Shares |
| LPL Financial LLC | $729,061 | 96,309 | 0.29% | Shares |
| Verdad Advisers, LP | $681,300 | 90,000 | 0.27% | Shares |
| Quantinno Capital Management LP | $655,496 | 86,591 | 0.26% | Shares |
| STRS OHIO | $637,394 | 84,200 | 0.25% | Shares |
| ARISTEIA CAPITAL, L.L.C. | $622,496 | 82,232 | 0.24% | Shares |
| RHUMBLINE ADVISERS | $609,647 | 80,536 | 0.24% | Shares |
| STATE OF WISCONSIN INVESTMENT BOARD | $586,319 | 77,453 | 0.23% | Shares |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | $557,243 | 73,612 | 0.22% | Shares |
| Allianz Asset Management GmbH | $553,700 | 73,144 | 0.22% | Shares |
| TWO SIGMA INVESTMENTS, LP | $534,132 | 70,559 | 0.21% | Shares |
| Voleon Capital Management LP | $464,147 | 61,314 | 0.18% | Shares |
| Russell Investments Group, Ltd. | $461,959 | 61,025 | 0.18% | Shares |
| ALLIANCEBERNSTEIN L.P. | $454,427 | 52,233 | 0.18% | Shares |
| FOX RUN MANAGEMENT, L.L.C. | $452,648 | 59,795 | 0.18% | Shares |
| CANADA PENSION PLAN INVESTMENT BOARD | $446,630 | 59,000 | 0.17% | Shares |
| Point72 Asia (Singapore) Pte. Ltd. | $417,540 | 36,918 | 0.16% | Shares |
| MARTINGALE ASSET MANAGEMENT L P | $388,084 | 51,266 | 0.15% | Shares |
| BARCLAYS PLC | $380,150 | 50,218 | 0.15% | Shares |
| AlphaQuest LLC | $374,609 | 30,832 | 0.15% | Shares |
| RENAISSANCE TECHNOLOGIES LLC | $365,631 | 48,300 | 0.14% | Shares |
| Aquatic Capital Management LLC | $362,648 | 47,906 | 0.14% | Shares |
| WELLS FARGO & COMPANY/MN | $349,219 | 46,132 | 0.14% | Shares |
| WOLVERINE TRADING, LLC | $342,820 | 30,500 | 0.13% | Call option |
| XTX Topco Ltd | $326,676 | 43,154 | 0.13% | Shares |
| Balyasny Asset Management L.P. | $290,514 | 38,377 | 0.11% | Shares |
| IEQ CAPITAL, LLC | $289,643 | 38,262 | 0.11% | Shares |
| ISTHMUS PARTNERS, LLC | $288,772 | 38,147 | 0.11% | Shares |
| VOYA INVESTMENT MANAGEMENT LLC | $279,651 | 36,942 | 0.11% | Shares |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | $278,841 | 36,835 | 0.11% | Shares |
| Advisors Asset Management, Inc. | $275,432 | 25,269 | 0.11% | Shares |
| NewEdge Advisors, LLC | $275,381 | 36,378 | 0.11% | Shares |
| GABELLI FUNDS LLC | $266,464 | 35,200 | 0.10% | Shares |
| Counterpoint Mutual Funds LLC | $256,578 | 33,894 | 0.10% | Shares |
| Hillsdale Investment Management Inc. | $256,517 | 33,886 | 0.10% | Shares |
| BOOTHBAY FUND MANAGEMENT, LLC | $244,890 | 32,350 | 0.10% | Shares |
| MetLife Investment Management, LLC | $235,911 | 31,164 | 0.09% | Shares |
| TWO SIGMA ADVISERS, LP | $233,098 | 19,185 | 0.09% | Shares |
| Schonfeld Strategic Advisors LLC | $230,399 | 30,436 | 0.09% | Shares |
| State of Wyoming | $226,964 | 29,982 | 0.09% | Shares |
| CWM, LLC | $222,424 | 25,566 | 0.09% | Shares |
| Engineers Gate Manager LP | $219,742 | 29,028 | 0.09% | Shares |
| Nebula Research & Development LLC | $214,939 | 31,516 | 0.08% | Shares |
| DIVERSIFIED TRUST CO | $213,284 | 28,175 | 0.08% | Shares |
| FEDERATED HERMES, INC. | $206,714 | 27,307 | 0.08% | Shares |
| Corton Capital Inc. | $195,957 | 17,326 | 0.08% | Shares |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | $195,082 | 24,978 | 0.08% | Shares |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $191,998 | 25,363 | 0.08% | Shares |
| Y-Intercept (Hong Kong) Ltd | $167,183 | 22,085 | 0.07% | Shares |
| Invesco Ltd. | $165,775 | 21,899 | 0.06% | Shares |
| Investors Research Corp | $161,420 | 18,554 | 0.06% | Shares |
Company insiders 55 insiders · 30 officers · 27 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Julie Schertell | President, CEO | Feb. 16, 2023 A | 230,005 | 0 | 0 | $0 |
| Jeffrey Kramer | CEO | Feb. 20, 2022 F | 236,042 | 0 | 0 | $0 |
| Frederic Villoutreix | CEO/Chairman of the Board | Feb. 25, 2017 F | 393,790 | 0 | 0 | $0 |
| Wayne H Deitrich | CEO, Chairman of the Board | March 7, 2008 A | 165,049 | 0 | 0 | $0 |
| Andrew R Wamser Jr | CFO and Treasurer | Feb. 16, 2023 F | 160,184 | 0 | 0 | $0 |
| Allison Aden | EVP Finance, CFO | Feb. 28, 2018 A | 26,413 | 0 | 0 | $0 |
| Jeffrey Alan Cook | CFO, EVP, Treasurer | April 3, 2015 F | 20,500 | 0 | 0 | $0 |
| Torben Wetche | CFO and Treasurer | Aug. 11, 2008 A | 5,000 | 0 | 0 | $0 |
| Widjaja Jiemy | President-Southeast Asian Ops | March 7, 2008 A | 6,544 | 0 | 0 | $0 |
| Thierry Bellanger | President-French Operations | Dec. 15, 2006 A | 1,998 | 0 | 0 | $0 |
| Omar Hoek | COO | Aug. 10, 2022 A | 77,083 | 0 | 0 | $0 |
| Stephen Dunmead | Chief Operating Officer | April 10, 2015 D | 20,399 | 0 | 0 | $0 |
| Otto R Herbst | COO & EVP Global Paper Bus. | Feb. 27, 2013 A | 99,055 | 0 | 0 | $0 |
| Michael W Rickheim | CHRO & CAO | April 6, 2023 F | 48,252 | 0 | 0 | $0 |
| Cheryl Allegri | Controller | Feb. 16, 2023 A | 12,846 | 0 | 0 | $0 |
| Ricardo J Nunez | CLO, Secretary, and CCO | Feb. 16, 2023 F | 106,282 | 0 | 0 | $0 |
| Michael Schmit | Controller | Feb. 20, 2022 F | 27,440 | 0 | 0 | $0 |
| Tracey Peacock | EVP, AMS | Feb. 16, 2022 F | 13,523 | 0 | 0 | $0 |
| Daniel R Lister | EVP Advanced Materials & Struc | Feb. 28, 2020 F | 39,502 | 0 | 0 | $0 |
| Robert J Cardin | Controller | Feb. 28, 2019 F | 11,307 | 0 | 0 | $0 |
| Michel Fievez | EVP Engineered Papers | Feb. 28, 2019 A | 70,019 | 0 | 0 | $0 |
| Greerson Greene Mcmullen | EVP Strat & Licen; GC, Sec | March 14, 2016 A | 26,553 | 0 | 0 | $0 |
| Donald Meltzer | EVP, AMS | Feb. 24, 2016 A | 2,128 | 0 | 0 | $0 |
| Patrick Deluca | EVP - Global Paper | Feb. 27, 2014 A | 10,505 | 0 | 0 | $0 |
| Wilfred A Martinez | Pres - Americas & VP LIP Ops | Feb. 27, 2013 A | 51,740 | 0 | 0 | $0 |
| Mark A Spears | Controller | Feb. 27, 2013 A | 7,946 | 0 | 0 | $0 |
| Peter J Thompson | EVP, Fin & Strat Planning | Oct. 24, 2011 S | 46,179 | 0 | 0 | $0 |
| John W Rumely JR | Secretary and General Counsel | Jan. 13, 2010 G | 16,192 | 0 | 0 | $0 |
| Wayne L Grunewald | Controller | March 7, 2008 A | 21,076 | 0 | 0 | $0 |
| Paul C Roberts | VP Strategic Planning & Implem | Dec. 14, 2007 F | 2,716 | 0 | 0 | $0 |
| Marco Levi | Director | July 1, 2026 F | 57,201 | 0 | 0 | $0 |
| Bruce Andrew Hausmann | Director | July 1, 2026 A | — | 0 | 0 | $0 |
| Deborah Borg | Director | July 1, 2026 A | — | 0 | 0 | $0 |
| Kimberly E Ritrievi | Director | July 1, 2026 A | 20,640 | 0 | 0 | $0 |
| John K Stipancich | Director | July 1, 2026 A | 6,105 | 0 | 0 | $0 |
| William M Cook | Director | July 1, 2026 A | 17,534 | 0 | 0 | $0 |
| Shruti Singhal | Director | Jan. 3, 2025 A | 16,533 | 0 | 0 | $0 |
| John Rogers | Director | Jan. 3, 2025 A | 47,235 | 0 | 0 | $0 |
| Jeffrey Keenan | Director | April 1, 2023 A | 300,000 | 0 | 0 | $0 |
| Anderson Davis Warlick | Director | April 1, 2023 A | 75,013 | 0 | 0 | $0 |
| Tony R Thene | Director | April 1, 2023 A | 11,902 | 0 | 0 | $0 |
| Mark L Bye | Director | July 1, 2022 A | — | 0 | 0 | $0 |
| K C Caldabaugh | Director | Dec. 31, 2019 A | 4,780 | 0 | 0 | $0 |
| Claire L Arnold | Director | March 29, 2019 A | 15,603 | 0 | 0 | $0 |
| William Finn | Director | March 30, 2018 A | 21,444 | 0 | 0 | $0 |
| Heinrich Fischer | Director | April 3, 2017 A | 5,814 | 0 | 0 | $0 |
| Robert F Mccullough | Director | April 1, 2014 A | 1,213 | 0 | 0 | $0 |
| Richard D Jackson | Director | April 1, 2010 A | 17,466 | 0 | 0 | $0 |
| Larry B Stillman | Director | April 1, 2008 A | 15,045 | 0 | 0 | $0 |
| Laurent G Chambaz | Director | April 1, 2008 A | 12,619 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 40 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| JPSE · J.P. Morgan Exchange-Traded Fund Tr… | 0.14% | 90,886 NS | April 30, 2026 | N-PORT |
| VFVA · VANGUARD WELLINGTON FUND | 0.09% | 105,310 SH | Aug. 8, 2026 | Daily |
| AVUV · AMERICAN CENTURY ETF TRUST | 0.08% | 2,566,297 NS | May 31, 2026 | N-PORT |
| FSCC · Federated Hermes ETF Trust | 0.08% | 25,688 NS | May 31, 2026 | N-PORT |
| FNDA · SCHWAB STRATEGIC TRUST | 0.07% | 655,187 NS | May 31, 2026 | N-PORT |
| SMLF · iShares Trust | 0.06% | 202,982 SH | Aug. 8, 2026 | Daily |
| GSSC · Goldman Sachs ETF Trust | 0.04% | 45,867 NS | May 31, 2026 | N-PORT |
| IWN · iShares Trust | 0.04% | 508,984 SH | Aug. 8, 2026 | Daily |
| AVSC · AMERICAN CENTURY ETF TRUST | 0.03% | 103,581 NS | May 31, 2026 | N-PORT |
| VTWV · VANGUARD SCOTTSDALE FUNDS | 0.03% | 48,028 SH | Aug. 8, 2026 | Daily |
| VAW · VANGUARD WORLD FUND | 0.03% | 160,696 SH | Aug. 8, 2026 | Daily |
| PRFZ · Invesco Exchange-Traded Fund Trust | 0.03% | 64,178 SH | Aug. 8, 2026 | Daily |
| OMFS · Invesco Exchange-Traded Self-Indexe… | 0.02% | 5,460 SH | Aug. 8, 2026 | Daily |
| DFSV · Dimensional ETF Trust | 0.02% | 192,814 NS | April 30, 2026 | N-PORT |
| DFAT · Dimensional ETF Trust | 0.02% | 336,139 NS | April 30, 2026 | N-PORT |
| IWM · iShares Trust | 0.02% | 1,405,704 SH | Aug. 8, 2026 | Daily |
| RSSL · Global X Funds | 0.02% | 23,408 NS | April 30, 2026 | N-PORT |
| ITWO · ProShares Trust | 0.01% | 2,543 NS | May 31, 2026 | N-PORT |
| DFAS · Dimensional ETF Trust | 0.01% | 181,196 NS | April 30, 2026 | N-PORT |
| SCHA · SCHWAB STRATEGIC TRUST | 0.01% | 261,859 NS | May 31, 2026 | N-PORT |
| VTWO · VANGUARD SCOTTSDALE FUNDS | 0.01% | 316,831 SH | Aug. 8, 2026 | Daily |
| AVIE · AMERICAN CENTURY ETF TRUST | 0.01% | 114 NS | May 31, 2026 | N-PORT |
| UWM · ProShares Trust | 0.01% | 1,989 NS | May 31, 2026 | N-PORT |
| URTY · ProShares Trust | 0.01% | 2,014 NS | May 31, 2026 | N-PORT |
| FNDB · SCHWAB STRATEGIC TRUST | 0.01% | 7,415 NS | May 31, 2026 | N-PORT |
| AVSU · AMERICAN CENTURY ETF TRUST | 0.00% | 1,745 NS | May 31, 2026 | N-PORT |
| AVUS · AMERICAN CENTURY ETF TRUST | 0.00% | 45,278 NS | May 31, 2026 | N-PORT |
| DFSU · Dimensional ETF Trust | 0.00% | 6,700 NS | April 30, 2026 | N-PORT |
| DCOR · Dimensional ETF Trust | 0.00% | 7,714 NS | April 30, 2026 | N-PORT |
| MSSM · MORGAN STANLEY PATHWAY FUNDS | 0.00% | 1,983 NS | May 31, 2026 | N-PORT |
| HDG · ProShares Trust | 0.00% | 51 NS | May 31, 2026 | N-PORT |
| DXUV · Dimensional ETF Trust | 0.00% | 900 NS | April 30, 2026 | N-PORT |
| DFAC · Dimensional ETF Trust | 0.00% | 95,777 NS | April 30, 2026 | N-PORT |
| ITOT · iShares Trust | 0.00% | 66,868 SH | Aug. 8, 2026 | Daily |
| IWV · iShares Trust | 0.00% | 14,027 SH | Aug. 8, 2026 | Daily |
| SCHB · SCHWAB STRATEGIC TRUST | 0.00% | 33,019 NS | May 31, 2026 | N-PORT |
| DFUS · Dimensional ETF Trust | 0.00% | 13,835 NS | April 30, 2026 | N-PORT |
| VXF · VANGUARD INDEX FUNDS | 0.00% | 641,787 SH | Aug. 8, 2026 | Daily |
| VTI · VANGUARD INDEX FUNDS | 0.00% | 1,767,898 SH | Aug. 8, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.00% | 4,640 SH | Aug. 8, 2026 | Daily |