MTEX Mannatech, Incorporated - Common Stock

NASDAQ · Consumer products · View on SEC EDGAR ↗
$6.44
Price · Aug 25, 2026
Fundamentals as of Aug 12, 2026

About Mannatech, Incorporated - Common Stock Company overview from Wikipedia

Mannatech Inc. is a publicly traded, multinational multi-level marketing firm that sells dietary supplements and personal care products. It was founded in November 1993 by Samuel Caster, and is headquartered in Flower Mound, Texas. The company's stock is traded on the NASDAQ exchange under the symbol MTEX. As of 2017, Mannatech employed 252 people and sold its products through some 220,000 independent sales associates.

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Mannatech Inc. is a publicly traded, multinational multi-level marketing firm that sells dietary supplements and personal care products. It was founded in November 1993 by Samuel Caster, and is headquartered in Flower Mound, Texas. The company's stock is traded on the NASDAQ exchange under the symbol MTEX. As of 2017, Mannatech employed 252 people and sold its products through some 220,000 independent sales associates.

In 2007, Mannatech and its salespeople made false claims of anti-disease benefits about its lead product called "Ambrotose" which contains sugars derived from plants. The company was profitable soon after its founding until about 2008, when it started losing money due to exposure of its business practices through a class action lawsuit based on the false health claims, a critical 20/20 news special, and a civil suit filed by the Attorney General of Texas.

History

Mannatech was founded by Samuel Caster in 1993, as Congress prepared to pass the Dietary Supplement Health and Education Act of 1994, which made feasible the profitable marketing of a wider spectrum of dietary supplements. The company has had a Christian orientation since its founding; the name was intended to evoke manna, and it recruited people to sell its products through its multi-level marketing structure in church congregations. Prior to founding Mannatech, Caster had founded and run Eagle Shield, an insulation manufacturer, and Electracat, a pest control device; both were categorized as a hoax by the Texas Attorney General's office.

Mannatech was founded to sell dietary supplements and personal care products. Before developing its own products, the company sold Manapol, an aloe vera extract made by another company. Its most widely known product has been Ambrotose, a dietary supplement made from sugars derived from plants.

From 1993 to 2009, Rafael Cruz, father of presidential candidate Ted Cruz, was a top salesman for Mannatech.

Mannatech had its initial public offering (IPO) on February 16, 1999, at $8 a share. The stock price settled a few weeks later at a price of $15.13 a share and a market capitalization of $366 million. The IPO raised $12 million in funds to be used for expansion into Australia and the U.K.

False claims and lawsuits

The company came to be known for unproven claims that its products could be used to treat many diseases and conditions, including cancer, diabetes, autism and AIDS. There is no evidence that any of these claims were or are true.

In May 2005 an article was published in Barron's questioning the company's business practices. In September 2005, a class-action lawsuit was filed against Mannatech for alleged violations of the Securities Exchange Act; it was prompted by the Barron's article.

In 2006, Mannatech distributor Vivienne Balonwu, a U.K. general practitioner, was found by the U.K. General Medical Council panel to have "abused her power as a doctor" after it was determined that she had illegally promoted and sold the company's products to people as a treatment for medical conditions such as chronic obstructive pulmonary disease and stroke-related complications. Following patient complaints about her marketing of the products in 2006, Balonwu was dismissed by her employer, Harmoni, a medical services company, and the GMC panel imposed a 15-month penalty period during which she was "to avoid private or short term locum work" and "to complete a supervised personal development plan to tackle shortcomings in her practice".

Also in 2006, Mannatech was named #5 on Forbes’ list of America's 200 Best Small Companies. At the same time, the company came under investigation by the Texas Attorney General in October 2006 for alleged violations of that state's Deceptive Trade Practices Act. In July 2006, Texas Attorney General Greg Abbott formally charged Mannatech, MannaRelief, Sam Caster, and Reginald McDaniel, the company's medical director, with operating an illegal marketing scheme in violation of state law.

A 20/20 undercover investigation that aired June 1, 2007 on ABC Television showed Mannatech's sales associates teaching sales recruits how to target Mannatech products to people with specific illnesses in a manner that purportedly does not violate U.S. federal law, including U.S. Food and Drug Administration regulations, by avoiding direct claims that the products cure any particular diseases.

In August 2007, Caster resigned as CEO of Mannatech. In October 2007, it was reported that the company had fired Grant Thornton LLP as its auditor after the accounting firm demanded that Mannatech remove Caster from all responsibilities to be replaced by Wayne Badovinus as the new chief executive. Several corporate initiatives were undertaken, but after 17 months on the job Badovinus resigned in December 2009. Another member of the board resigned shortly after. Mannatech's Chief Science Officer Robert Sinnott and Mannatech's chief financial officer Steve Fenstermacher were named Co-CEOs. Fenstermacher later resigned.

Publicity over the company's lawsuits began to damage the balance sheets and stock performance. After profits of $32 million in 2006 and $6.6 million in 2007, Mannatech reported a $12.6 million loss in 2008 and a $17.3 million loss in 2009.

Mannatech settled the civil complaint with the State of Texas in February 2009; Mannatech did not admit wrongdoing but agreed to pay $4 million in restitution to clients who purchased products and $2 million to the state to cover its costs in the case. In addition, Sam Caster agreed to pay a $1 million civil penalty and steer clear of any type of leadership position or employment relationship with Mannatech for five years.

In March 2008, Mannatech settled the class-action lawsuit by agreeing to pay $11.25 million to the plaintiff class. As part of the settlement, Mannatech admitted no wrongdoing.

2010 losses were $10.6 million. As the company's market capitalizations continued to fall, S&P Indices dropped it from the S&P 600 Index, stating "They are no longer representative of the small cap market space." Recruiting efforts continued dropping in 2011, widening company losses to $20.6 million. For 2012, the company's net loss narrowed to around $1 million from the about $21 million loss the year before. In 2013, it had around $3 million in net income, and in 2014, it reported profits of $6.5 million and total revenue of $190.1 million.

In November 2017, Mannatech received an FDA warning letter for illegally marketing several of its supplement products as medicinal agents and for selling adulterated and misbranded products in violation of Title 21 of the Code of Federal Regulations and Good Manufacturing Practice regulations for dietary supplements. In December 2017, Mannatech reached an agreement with the Town Council of Flower Mound, Texas, to relocate its headquarters to an existing facility in the city.

Ben Carson

Starting in 2004, neurosurgeon and conservative politician Ben Carson made videos and spoke at company events promoting Mannatech and its products. In 2004, in a speech at a Mannatech event, he credited the company's products with the disappearance of his cancer symptoms.

Carson's image still appeared on the Mannatech's website in 2014, and in the same year he praised their "glyconutrient" supplements in a PBS special (The Missing Link – The Science of Brain Health), sponsored by a group of Mannatech distributors, that was subsequently featured on the site. During the CNBC GOP debate on October 28, 2015, Carson was asked about his relationship with Mannatech and denied any involvement with the company. Politifact rated Carson's denial of any involvement as "false". In November 2015, Mannatech said on its website that, for compliance with Federal campaign finance regulations, the company had removed all references to Carson before he announced his bid for the presidency.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

MTEX Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$6.44
Market Cap
$12M
P/E (TTM)
-0.8
EPS (TTM)
$-8.00
Revenue (TTM)
$108M
Div Yield
ROE
-4106.1%
Debt/Equity
0.0
52W Range
$4 – $12

MTEX Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $108M
10-point trend, -40.1%
2016-12-31 2025-12-31
EPS $-8.00
10-point trend, -3536.4%
2016-12-31 2025-12-31
Free Cash Flow $-4M
10-point trend, -86.9%
2016-12-31 2025-12-31
Margins -14.1%
10-point trend, -6.0%
2016-12-31 2025-12-31

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
MTEX
Peer Median
P/E (TTM)
5-point trend, -112.7%
-0.8
22.4
P/S (TTM)
5-point trend, -68.8%
0.1
2.2
P/B
5-point trend, -198.6%
-2.3
0.9
EV / EBITDA
5-point trend, +204.8%
9.1
Price / FCF
5-point trend, -149.5%
-2.8

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
MTEX
Peer Median
Gross Margin
5-point trend, -4.7%
74.9%
31.5%
Operating Margin
5-point trend, -106.9%
-0.39%
Net Profit Margin
5-point trend, -328.6%
-14.1%
-8.8%
ROA
5-point trend, -392.5%
-46.1%
-7.7%
ROE
5-point trend, -10141.7%
-4106.1%
-22.8%
ROIC
5-point trend, +5.6%
43.0%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
MTEX
Peer Median
Debt / Equity
5-point trend, -100.0%
0.0
37.6
Current Ratio
5-point trend, -22.8%
1.1
1.1
Quick Ratio
5-point trend, -59.1%
0.3

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
MTEX
Peer Median
Revenue YoY
5-point trend, -32.4%
-8.3%
Revenue CAGR 3Y
5-point trend, -32.4%
-7.7%
Revenue CAGR 5Y
5-point trend, -32.4%
-6.5%

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
MTEX
Peer Median
EPS (Diluted)
5-point trend, -269.9%
$-8.00

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
MTEX
Peer Median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

Dividend Yield
Payout Ratio
5Y Div CAGR
Ex-dateAmount
June 14, 2023$0.2000
March 15, 2023$0.2000
Dec. 13, 2022$0.2000
Sept. 13, 2022$0.2000
June 14, 2022$0.2000
March 15, 2022$0.2000
Dec. 14, 2021$1.7000
Sept. 14, 2021$0.2000
June 1, 2021$0.1600
March 15, 2021$0.1600
Dec. 15, 2020$1.1600
Sept. 14, 2020$0.1600
June 11, 2020$0.1250
March 12, 2020$0.1250
Dec. 12, 2019$0.1250
Sept. 9, 2019$0.1250
June 20, 2019$0.1250
March 21, 2019$0.1250
Dec. 6, 2018$0.5000
Sept. 14, 2018$0.5000

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
-0.03%
Period EPS Actual EPS Est Surprise
Sept. 30, 2023 $0.01
Dec. 31, 2006 $3.00 $3.67 -0.67%
Sept. 30, 2006 $3.60 $3.47 0.13%
June 30, 2006 $3.10 $2.65 0.45%

Peer comparison (GICS sub-industry) Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
MTEX $16M -1.0 -8.3% -14.1% -4106.1% 74.9%
NAII $20M -1.4 14.1% -10.4% -18.4% 7.1%
BNKK $20M -0.2 201.6% -3220.4% -234.8% 58.5%
KVUE $32.94B 22.6 -2.1% 9.7% 13.7% 58.1%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 17
Annual Income Statement data for MTEX
Metric Trend 202520242023202220212020201920182017201620152014
Revenue 12-point trend, -43.2% $108M $118M $132M $137M $160M $151M $158M $174M $177M $180M $180M $190M
Cost of Revenue 12-point trend, -29.4% $27M $26M $29M $33M $34M $36M $32M $34M $36M $37M $34M $38M
Gross Profit 12-point trend, -46.6% $81M $91M $103M $104M $126M $116M $126M $139M $141M $144M $146M $152M
R&D Expense 12-point trend, -50.0% $800.0K $700.0K $800.0K $1M $1M $800.0K $1M $1M $1M $1M $2M $2M
SG&A Expense 12-point trend, +9.6% $40M $42M $50M $47M $29M $28M $31M $34M $35M $37M $34M $36M
Operating Expenses 12-point trend, -41.4% $81M $90M $104M $105M $117M $111M $120M $139M $139M $143M $134M $139M
Operating Income 12-point trend, -103.3% $-426.0K $1M $-964.0K $-405.0K $9M $4M $6M $-90.0K $3M $661.0K $12M $13M
Interest Income 2-point trend, -88.5% · $-196.0K $-104.0K · · · · · · · · ·
Other Non-op 12-point trend, +32.4% $-2M $3M $-170.0K $-162.0K $-223.0K $1M $-681.0K $291.0K $-333.0K $-2M $-4M $-3M
Pretax Income 12-point trend, -129.4% $-3M $4M $-1M $-479.0K $9M $6M $6M $489.0K $2M $-955.0K $8M $10M
Income Tax 12-point trend, +270.6% $12M $1M $1M $4M $-950.0K $-536.0K $2M $4M $4M $-369.0K $2M $3M
Net Income 12-point trend, -334.2% $-15M $2M $-2M $-4M $10M $6M $3M $-4M $-2M $-586.0K $6M $6M
EPS (Basic) 12-point trend, -427.9% $-8.00 $1.32 $-1.20 $-2.35 $4.95 $2.80 $1.38 $-1.53 $-0.66 $-0.22 $2.18 $2.44
EPS (Diluted) 12-point trend, -433.3% $-8.00 $1.32 $-1.20 $-2.35 $4.71 $2.77 $1.35 $-1.53 $-0.66 $-0.22 $2.14 $2.40
Shares (Basic) 12-point trend, -28.6% 1,901,000 1,885,000 1,866,000 1,913,000 1,990,000 2,235,000 2,391,000 2,541,000 2,708,000 2,688,000 2,680,000 2,663,000
Shares (Diluted) 12-point trend, -29.7% 1,901,000 1,885,000 1,866,000 1,913,000 2,088,000 2,264,000 2,441,000 2,541,000 2,708,000 2,688,000 2,728,000 2,706,000
EBITDA 12-point trend, -95.4% $666.0K $3M $664.0K $1M $11M $6M $9M $2M $4M $3M $14M $14M
Balance Sheet 30
Annual Balance Sheet data for MTEX
Metric Trend 202520242023202220212020201920182017201620152014
Cash & Equivalents 12-point trend, -77.9% $6M $11M $8M $14M $24M $22M $25M $22M $38M $29M $32M $28M
Receivables 12-point trend, -99.8% $1.0K $19.0K $91.0K $200.0K $100.0K $186.0K $955.0K $106.0K $273.0K $298.0K $369.0K $504.0K
Inventory 12-point trend, -4.4% $10M $10M $15M $15M $12M $13M $10M $13M $9M $12M $9M $11M
Prepaid Expense 11-point trend, -41.4% $2M $2M $2M $2M $3M $3M $2M $3M $3M $3M $3M ·
Other Current Assets 6-point trend, +173.7% · · · $8M $9M $12M $10M · · · $3M $3M
Current Assets 12-point trend, -58.3% $21M $26M $28M $35M $43M $42M $41M $42M $56M $51M $50M $49M
PP&E (Net) 12-point trend, -45.7% $2M $3M $4M $4M $4M $5M $6M $7M $4M $5M $5M $4M
PP&E (Gross) 12-point trend, -27.3% $55M $56M $57M $56M $55M $56M $55M $56M $74M $76M $77M $76M
Accum. Depreciation 12-point trend, -27.9% $53M $53M $53M $52M $52M $51M $49M $50M $71M $72M $73M $73M
Intangibles Flat — no change across 2 periods $237.0K $237.0K · · · · · · · · · ·
Other Non-current Assets 12-point trend, -22.9% $3M $3M $4M $8M $9M $12M $10M $4M $4M $4M $4M $4M
Total Assets 12-point trend, -55.5% $30M $36M $41M $49M $60M $65M $63M $62M $76M $71M $69M $67M
Accounts Payable 12-point trend, -43.3% $2M $2M $4M $4M $4M $5M $4M $7M $6M $5M $3M $4M
Accrued Liabilities 12-point trend, -50.8% $3M $4M $5M $8M $9M $9M $8M $6M $6M $6M $6M $6M
Short-term Debt 12-point trend, +0.00 $0 $84.0K $240.0K $263.0K $205.0K $553.0K $739.0K $702.0K $815.0K $801.0K $713.0K $0
Current Liabilities 12-point trend, -43.2% $19M $21M $26M $30M $30M $32M $29M $34M $33M $30M $26M $33M
Capital Leases 12-point trend, +164.4% $2M $2M $3M $88.0K $66.0K $129.0K $176.0K $72.0K $144.0K $261.0K $612.0K $852.0K
Deferred Tax 10-point trend, +37400.0% $10M $0 · · $3.0K $3.0K $3.0K $3.0K $1M $29.0K $24.0K $26.0K
Other Non-current Liabilities 12-point trend, -37.3% $1M $1M $1M $5M $5M $7M $6M $2M $1M $2M $2M $2M
Total Liabilities 12-point trend, -2.2% $35M $27M $31M $35M $35M $39M $36M $37M $36M $32M $30M $36M
Long-term Debt $3M · · · · · · · · · · ·
Total Debt 11-point trend, -100.0% $0 $84.0K $240.0K $263.0K $205.0K $553.0K $700.0K $702.0K $800.0K $801.0K $713.0K ·
Common Stock Flat — no change across 12 periods $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Paid-in Capital 12-point trend, -18.8% $33M $33M $33M $33M $33M $34M $34M $34M $35M $38M $40M $41M
Retained Earnings 12-point trend, -610.0% $-14M $1M $-1M $2M $8M $2M $-690.0K $-3M $4M $7M $9M $3M
Treasury Stock 12-point trend, +63.9% $20M $20M $21M $21M $19M $15M $10M $10M $5M $8M $11M $12M
AOCI 12-point trend, -4183.5% $-5M $-6M $-1M $-208.0K $2M $5M $4M $4M $6M $2M $686.0K $-109.0K
Stockholders' Equity 12-point trend, -116.6% $-5M $9M $10M $14M $24M $26M $27M $25M $40M $39M $39M $31M
Liabilities + Equity 12-point trend, -55.5% $30M $36M $41M $49M $60M $65M $63M $62M $76M $71M $69M $67M
Shares Outstanding 12-point trend, -29.0% 1,900,930 1,884,814 1,860,154 1,858,800 1,940,687 2,071,081 2,381,131 2,381,149 2,702,940 2,688,790 2,682,078 2,676,077
Cash Flow 14
Annual Cash Flow data for MTEX
Metric Trend 202520242023202220212020201920182017201620152014
D&A 12-point trend, -32.1% $1M $2M $2M $2M $2M $2M $2M $2M $2M $2M $2M $2M
Stock-based Comp 12-point trend, -44.1% $379.0K $291.0K $278.0K $337.0K $260.0K $334.0K $734.0K $1M $490.0K $690.0K $592.0K $678.0K
Deferred Tax 12-point trend, +778.4% $12M $-159.0K $121.0K $1M $-2M $-280.0K $1M $1M $2M $-1M $157.0K $-2M
Other Non-cash 12-point trend, -131.7% $-741.0K $-2M $-2M $-1M $681.0K $-2M $-2M $-712.0K $7M $-555.0K $-4M $2M
Operating Cash Flow 12-point trend, -131.5% $-3M $2M $-2M $-3M $11M $6M $5M $-222.0K $10M $-23.0K $4M $9M
CapEx 12-point trend, -11.8% $1M $297.0K $748.0K $1M $650.0K $949.0K $1M $2M $1M $2M $2M $2M
Investing Cash Flow 8-point trend, +40.6% $-1M $-285.0K $-747.0K $-1M $-650.0K $-947.0K $-1M $-2M · · · ·
Stock Repurchased 10-point trend, +0.00 · $0 $176.0K $2M $5M $6M $294.0K $8M $226.0K $274.0K $0 ·
Net Stock Activity 9-point trend, +100.0% · $0 $-176.0K $-2M $-5M $-6M $-294.0K $-8M $-226.0K $-274.0K · ·
Dividends Paid 10-point trend, +0.00 · $0 $748.0K $2M $4M $3M $1M $3M $1M $672.0K $0 ·
Financing Cash Flow 8-point trend, +95.3% $-561.0K $2M $-2M $-4M $-9M $-10M $-3M $-12M · · · ·
Net Change in Cash 12-point trend, -172.9% $-6M $3M $-6M $-10M $-2M $-4M $416.0K $-16M $10M $-3M $4M $8M
Taxes Paid 12-point trend, -89.9% $429.0K $829.0K $3M $715.0K $137.0K $989.0K $996.0K $800.0K $2M $2M $5M $4M
Free Cash Flow 12-point trend, -154.7% $-4M $2M $-3M $-4M $10M $5M $4M $-3M $9M $-2M $2M $8M
Profitability 8
Annual Profitability data for MTEX
Metric Trend 202520242023202220212020201920182017201620152014
Gross Margin 12-point trend, -6.1% 74.9% 77.6% 78.0% 75.9% 78.6% 76.5% 80.0% 80.1% 79.8% 79.7% 81.1% 79.8%
Operating Margin 12-point trend, -105.8% -0.39% 1.2% -0.73% -0.30% 5.7% 3.0% 4.1% -0.05% 1.4% 0.39% 6.7% 6.7%
Net Margin 12-point trend, -511.7% -14.1% 2.1% -1.7% -3.3% 6.2% 4.1% 2.1% -2.2% -1.0% -0.33% 3.2% 3.4%
Pretax Margin 12-point trend, -151.6% -2.7% 3.2% -0.86% -0.35% 5.6% 3.8% 3.6% 0.28% 1.4% -0.53% 4.5% 5.2%
EBITDA Margin 12-point trend, -91.8% 0.62% 2.5% 0.50% 0.89% 6.7% 4.3% 5.4% 1.1% 2.5% 1.4% 7.7% 7.5%
ROA 12-point trend, -537.9% -46.1% 6.5% -5.0% -8.3% 15.8% 9.8% 5.3% -5.6% -2.4% -0.84% 8.6% 10.5%
ROE 12-point trend, -17425.2% -4106.1% 26.8% -21.1% -32.0% 40.9% 24.0% 12.7% -14.6% -4.5% -1.5% 16.7% 23.7%
ROIC 12-point trend, +59.9% 43.0% 10.9% -17.8% -26.3% 40.7% 18.5% 13.2% 2.8% -4.5% 1.1% 22.0% 26.9%
Liquidity & Solvency 3
Annual Liquidity & Solvency data for MTEX
Metric Trend 202520242023202220212020201920182017201620152014
Current Ratio 12-point trend, -26.6% 1.1 1.2 1.1 1.2 1.4 1.3 1.4 1.3 1.7 1.7 1.9 1.5
Quick Ratio 12-point trend, -61.8% 0.3 0.5 0.3 0.5 0.8 0.7 0.9 0.7 1.1 1.0 1.2 0.9
Debt / Equity 11-point trend, -100.0% 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 ·
Efficiency 3
Annual Efficiency data for MTEX
Metric Trend 202520242023202220212020201920182017201620152014
Asset Turnover 12-point trend, +6.2% 3.3 3.1 2.9 2.5 2.6 2.4 2.5 2.5 2.4 2.6 2.7 3.1
Inventory Turnover 12-point trend, -15.5% 2.6 2.1 2.0 2.5 2.7 3.1 2.7 3.1 3.3 3.4 3.4 3.1
Receivables Turnover 12-point trend, +2534.2% 10803.8 2143.0 906.9 862.9 1157.7 265.4 297.3 916.1 618.9 540.6 413.1 410.1
Per Share 6
Annual Per Share data for MTEX
Metric Trend 202520242023202220212020201920182017201620152014
Book Value / Share 12-point trend, -123.4% $-2.75 $4.57 $5.64 $7.63 $12.58 $12.54 $11.45 $10.64 $14.89 $14.46 $14.38 $11.72
Revenue / Share 12-point trend, -19.1% $56.83 $62.53 $70.72 $71.72 $76.51 $66.88 $64.60 $68.32 $65.25 $67.08 $66.09 $70.25
Cash Flow / Share 12-point trend, -144.8% $-1.56 $1.20 $-1.27 $-1.36 $5.16 $2.66 $2.01 $-0.09 $3.69 $-0.01 $1.61 $3.48
Cash / Share 12-point trend, -68.9% $3.25 $6.05 $4.16 $7.41 $12.46 $10.72 $10.40 $9.17 $13.94 $10.67 $11.93 $10.46
Dividend / Share · · $0 · · · · · · · · ·
EPS (TTM) 12-point trend, -433.3% $-8.00 $1.32 $-1.20 $-2.35 $4.71 $2.77 $1.35 $-1.53 $-0.66 $-0.22 $2.14 $2.40
Growth Rates 7
Annual Growth Rates data for MTEX
Metric Trend 202520242023202220212020201920182017201620152014
Revenue YoY 5-point trend, -251.1% -8.3% -10.7% -3.8% -14.1% 5.5% · · · · · · ·
Revenue CAGR 3Y 3-point trend, -71.0% -7.7% -9.6% -4.5% · · · · · · · · ·
Revenue CAGR 5Y -6.5% · · · · · · · · · · ·
EPS YoY · · · · 70.0% · · · · · · ·
EPS CAGR 3Y · -34.6% · · · · · · · · · ·
Net Income YoY · · · · 57.2% · · · · · · ·
Net Income CAGR 3Y · -36.8% · · · · · · · · · ·
Valuation (TTM) 17
Annual Valuation (TTM) data for MTEX
Metric Trend 202520242023202220212020201920182017201620152014
Revenue TTM 12-point trend, -43.2% $108M $118M $132M $137M $160M $151M $158M $174M $177M $180M $180M $190M
Net Income TTM 12-point trend, -334.2% $-15M $2M $-2M $-4M $10M $6M $3M $-4M $-2M $-586.0K $6M $6M
Market Cap 12-point trend, -78.0% $16M $25M $15M $33M $74M $39M $38M $45M $41M $55M $51M $71M
Enterprise Value 11-point trend, -50.7% $9M $14M $8M $20M $50M $17M $14M $24M $4M $27M $19M ·
P/E 12-point trend, -109.3% -1.0 10.2 -6.8 -7.6 8.1 6.7 11.9 -12.3 -22.7 -92.3 8.8 11.1
P/S 12-point trend, -61.3% 0.1 0.2 0.1 0.2 0.5 0.3 0.2 0.3 0.2 0.3 0.3 0.4
P/B 12-point trend, -232.1% -3.0 2.9 1.4 2.3 3.0 1.5 1.4 1.8 1.0 1.4 1.3 2.3
P / Tangible Book 5-point trend, +103.7% · 3.0 1.4 2.3 3.0 1.5 · · · · · ·
P / Cash Flow 12-point trend, -169.9% -5.3 11.2 -6.4 -12.8 6.9 6.4 7.8 -201.6 4.1 -2373.1 11.5 7.6
P / FCF 12-point trend, -140.2% -3.6 12.9 -4.8 -9.1 7.3 7.6 10.4 -17.5 4.7 -23.6 21.0 9.0
EV / EBITDA 11-point trend, +931.1% 14.3 4.7 11.4 16.2 4.7 2.6 1.7 12.0 0.8 10.3 1.4 ·
EV / FCF 11-point trend, -127.5% -2.2 7.1 -2.4 -5.4 5.0 3.3 3.9 -9.2 0.4 -11.6 8.0 ·
EV / Revenue 11-point trend, -17.8% 0.1 0.1 0.1 0.1 0.3 0.1 0.1 0.1 0.0 0.1 0.1 ·
Dividend Yield 10-point trend, +0.00 · 0.00% 5.0% 4.6% 5.9% 8.7% 3.1% 6.9% 3.3% 1.2% 0.00% ·
Earnings Yield 12-point trend, -1176.2% -97.0% 9.8% -14.8% -13.1% 12.3% 14.9% 8.4% -8.1% -4.4% -1.1% 11.3% 9.0%
Payout Ratio 9-point trend, +100.0% · 0.00% -33.4% -34.1% 44.2% 53.6% 36.5% -79.4% -75.8% -114.7% · ·
Annual Payout 10-point trend, +0.00 · $0 $748.0K $2M $4M $3M $1M $3M $1M $672.0K $0 ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $108M$118M$132M$137M$160M
Gross Margin % 74.9%77.6%78.0%75.9%78.6%
Operating Margin % -0.39%1.2%-0.73%-0.30%5.7%
Net Income $-15M$2M$-2M$-4M$10M
Diluted EPS $-8.00$1.32$-1.20$-2.35$4.71
Balance Sheet
2025-12-312024-12-312023-12-312022-12-312021-12-31
Debt / Equity 0.00.00.00.00.0
Current Ratio 1.11.21.11.21.4
Quick Ratio 0.30.50.30.50.8
Cash Flow
2025-12-312024-12-312023-12-312022-12-312021-12-31
Free Cash Flow $-4M$2M$-3M$-4M$10M

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Institutional owners (13F) 17 filers · $769K 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.

Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
2 (-3 vs prior Q) 4 (-1 vs prior Q) 3 (+1 vs prior Q) 4 (-1 vs prior Q) -31K

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
BlackRock, Inc. $271,769 52,163 35.34% Shares
VANGUARD CAPITAL MANAGEMENT LLC $216,361 41,528 28.14% Shares
RENAISSANCE TECHNOLOGIES LLC $156,706 30,078 20.38% Shares
IFG Advisory, LLC $99,459 19,090 12.93% Shares
VANGUARD FIDUCIARY TRUST CO $13,958 2,679 1.82% Shares
Tower Research Capital LLC (TRC) $3,788 727 0.49% Shares
VANGUARD GROUP INC $2,063 250 0.27% Shares
ROYAL BANK OF CANADA $2,000 316 0.26% Shares
Vanguard Global Advisers, LLC $1,303 250 0.17% Shares
WELLS FARGO & COMPANY/MN $1,042 200 0.14% Shares
UBS Group AG $250 48 0.03% Shares
NATIONAL BANK OF CANADA /FI/ $150 30 0.02% Shares
Arax Advisory Partners $63 12 0.01% Shares
ACADIAN ASSET MANAGEMENT LLC $24 4,690 0.00% Shares
MORGAN STANLEY $15 2 0.00% Shares
CITIGROUP INC $5 1 0.00% Shares
SBI Securities Co., Ltd. $5 1 0.00% Shares

Company insiders 48 insiders · 29 officers · 16 directors

Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Landen Granvel Fredrick President and CEO June 3, 2025 A 12,162 0 0 $0
Alfredo Bala CEO and President Aug. 30, 2023 S 3,137 0 0 $0
Robert A Sinnott CEO & CSO March 20, 2015 M 3,333 0 0 $0
Stephen D Fenstermacher Co-CEO/CFO Aug. 16, 2010 A 0 0 $0
Terry L Persinger Pres./CEO/Director Sept. 6, 2007 A 10,000 0 0 $0
Yasir Haider Chief Financial Officer June 3, 2026 A 0 0 $0
James Clavijo Chief Financial Officer June 3, 2025 A 0 0 $0
David Allen Johnson Chief Financial Officer Nov. 23, 2021 M 12,500 0 0 $0
Steven Mark Nicholls CFO March 19, 2015 M 6,667 0 0 $0
Christopher J. Simons Regional President April 2, 2018 A 0 0 $0
Yong Jae Park Regional President April 2, 2018 A 0 0 $0
Roy Truett President of Int'l & COO March 4, 2013 A 0 0 $0
John W Price President of Int'l Operations Sept. 6, 2007 A 8,333 0 0 $0
Joel R. Bikman COO April 2, 2018 A 1,900 0 0 $0
Terence L O'Day Chief Operating Officer & EVP Feb. 22, 2008 A 0 0 $0
Erin Kemmler Barta General Counsel June 3, 2025 A 3,000 0 0 $0
Ronald Dale Norman Sr VP Treasury Sept. 7, 2021 M 6,030 0 0 $0
Bryan K Clark Exec VP & Chief Legal Officer Aug. 10, 2011 A 0 0 $0
Gary Michael Spinell Sr VP Finance & Admin Aug. 16, 2010 A 0 0 $0
Natalie Lynne Clark Sr VP North American Sales Aug. 16, 2010 A 0 0 $0
Randy Scott Bancino Pres. Global Bus Operations Dec. 22, 2009 A 0 0 $0
Terri F Maxwell SVP & Chief Marketing Office Nov. 20, 2008 A 0 0 $0
Cynthia L Tysinger Sr VP & Chief Info Officer Sept. 6, 2007 A 50,625 0 0 $0
Steven William Lemme Sr. Vice President of Sales June 16, 2006 X 4,500 0 0 $0
Bettina S Simon General Counsel and Sr VP June 5, 2006 S 0 0 0 $0
Jeffrey P Bourgoyne Sr. VP Supply Chain/Assoc Care March 27, 2006 X 27,797 0 0 $0
Jack Crowley Pres. of Int' Operations Sept. 1, 2005 S 0 0 0 $0
Bill H Mcanalley Former Chief Science Officer Aug. 24, 2005 S 47,021 0 0 $0
Eileen Vennum Senior Vice President Nov. 16, 2004 X 0 0 0 $0
Seifrick A John Director June 3, 2026 A 13,746 0 0 $0
TOTH ROBERT Director June 3, 2026 A 95,920 0 0 $0
Larry A Jobe Director May 20, 2026 P 70,000 2 0 $32,548
Kevin Andrew Robbins Director May 19, 2026 P 33,333 1 0 $29,607
Tyler Rameson Director Jan. 2, 2026 A 306,673 0 0 $0
Stanley J Fredrick Director Jan. 2, 2026 A 361,765 0 0 $0
Eric W Schrier Director Jan. 3, 2022 A 19,118 0 0 $0
Gerald E Gilbert Director June 26, 2019 P 31,522 0 0 $0
Linda K. Ferrell Director Jan. 2, 2019 A 9,722 0 0 $0
Marlin Ray Robbins Director Dec. 21, 2015 A 66,844 0 0 $0
Alan D Kennedy Director Dec. 4, 2014 A 4,310 0 0 $0
Patricia A Wier Director Aug. 16, 2010 A 20,000 0 0 $0
Robert C Blattberg Director Nov. 20, 2008 A 0 0 $0
John Stewart Axford DR Director Feb. 20, 2007 A 600 0 0 $0
Don A Buchholz Director July 15, 2005 A 9,000 0 0 $0
Jules Zimmerman Director Oct. 6, 2003 M 2,000 0 0 $0
Samuel L Caster 10% owner Jan. 27, 2014 S 63,795 0 0 $0
Wayne Badovinus Nov. 20, 2008 A 0 0 $0
Brad G Wayment Nov. 19, 2003 X 0 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

Activists & 5%+ owners 6 positions

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
TOTH ROBERT April 24, 2026 5.10% Initial filing Passive investment SEC
Marlin Ray Robbins Aug. 30, 2011 Initial filing SEC
Samuel L. Caster, J. Stanley Fredrick, Marlin Ray Robbins, Jr., Jett, Harley Reginald McDaniel, Donald William Herndon Nov. 26, 2003 Initial filing SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person March 21, 2003 Initial filing SEC
Undisclosed reporting person Oct. 22, 2001 Initial filing Board campaign SEC
Undisclosed reporting person April 16, 2001 Initial filing Board campaign SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

ETF ownership Held by 5 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
DCOR · Dimensional ETF Trust 0.00% 1,200 NS April 30, 2026 N-PORT
DFAT · Dimensional ETF Trust 0.00% 2,523 NS April 30, 2026 N-PORT
VXF · VANGUARD INDEX FUNDS 0.00% 7,400 SH Aug. 19, 2026 Daily
VTI · VANGUARD INDEX FUNDS 0.00% 31,432 SH Aug. 19, 2026 Daily
DFSU · Dimensional ETF Trust 0.00% 94 NS April 30, 2026 N-PORT