Matthews International Debt-to-Equity Ratio Growth & History (MATW)
Matthews International's debt-to-equity ratio was 1.64 for fiscal 2025.
View full Matthews International company overviewMatthews International annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-30 | 1.64 | −0.33 | −16.97% |
| 2024 | 2024-09-30 | 1.97 | 0.31 | +18.55% |
| 2023 | 2023-09-30 | 1.66 | −0.14 | −7.96% |
| 2022 | 2022-09-30 | 1.81 | 0.46 | +34.38% |
| 2021 | 2021-09-30 | 1.34 | −0.16 | −10.54% |
| 2020 | 2020-09-30 | 1.50 | 0.19 | +14.66% |
| 2019 | 2019-09-30 | 1.31 | 0.20 | +18.42% |
| 2018 | 2018-09-30 | 1.11 | −0.05 | −4.12% |
| 2017 | 2017-09-30 | 1.15 | −0.08 | −6.29% |
| 2016 | 2016-09-30 | 1.23 | −0.00 | −0.35% |
| 2015 | 2015-09-30 | 1.24 | 0.29 | +30.65% |
| 2014 | 2014-09-30 | 0.95 | 0.26 | +37.02% |
| 2013 | 2013-09-30 | 0.69 | 0.02 | +3.15% |
| 2012 | 2012-09-30 | 0.67 | −0.01 | −1.98% |
| 2011 | 2011-09-30 | 0.68 | 0.17 | +32.87% |
| 2010 | 2010-09-30 | 0.51 | −0.07 | −11.38% |
| 2009 | 2009-09-30 | 0.58 | — | — |
Matthews International quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-06-30 | 1.29 | −0.17 | −11.88% |
| Q2 2026 | 2026-03-31 | 1.24 | −0.90 | −42.06% |
| Q1 2026 | 2025-12-31 | 1.08 | −1.03 | −48.91% |
| Q4 2025 | 2025-09-30 | 1.64 | −0.33 | −16.97% |
| Q3 2025 | 2025-06-30 | 1.47 | −0.31 | −17.59% |
| Q2 2025 | 2025-03-31 | 2.14 | 0.35 | +19.72% |
| Q1 2025 | 2024-12-31 | 2.11 | 0.28 | +15.39% |
| Q4 2024 | 2024-09-30 | 1.97 | 0.31 | +18.55% |
| Q3 2024 | 2024-06-30 | 1.78 | 0.15 | +9.07% |
| Q2 2024 | 2024-03-31 | 1.79 | 0.12 | +7.13% |
| Q1 2024 | 2023-12-31 | 1.83 | 0.02 | +1.19% |
| Q4 2023 | 2023-09-30 | 1.66 | −0.14 | −7.96% |
| Q3 2023 | 2023-06-30 | 1.63 | 0.19 | +13.10% |
| Q2 2023 | 2023-03-31 | 1.67 | 0.34 | +25.91% |
| Q1 2023 | 2022-12-31 | 1.81 | 0.39 | +27.16% |
| Q4 2022 | 2022-09-30 | 1.81 | 0.46 | +34.38% |
| Q3 2022 | 2022-06-30 | 1.44 | 0.04 | +2.81% |
| Q2 2022 | 2022-03-31 | 1.33 | −0.07 | −4.88% |
| Q1 2022 | 2021-12-31 | 1.42 | −0.02 | −1.28% |
| Q4 2021 | 2021-09-30 | 1.34 | −0.16 | −10.54% |
| Q3 2021 | 2021-06-30 | 1.40 | −0.17 | −10.80% |
| Q2 2021 | 2021-03-31 | 1.39 | −0.39 | −21.76% |
| Q1 2021 | 2020-12-31 | 1.44 | −0.03 | −1.73% |
| Q4 2020 | 2020-09-30 | 1.50 | 0.19 | +14.66% |
| Q3 2020 | 2020-06-30 | 1.57 | 0.42 | +36.01% |
| Q2 2020 | 2020-03-31 | 1.78 | 0.63 | +54.43% |
| Q1 2020 | 2019-12-31 | 1.47 | 0.30 | +25.64% |
| Q4 2019 | 2019-09-30 | 1.31 | 0.20 | +18.42% |
| Q3 2019 | 2019-06-30 | 1.16 | −0.08 | −6.15% |
| Q2 2019 | 2019-03-31 | 1.15 | −0.07 | −6.10% |
| Q1 2019 | 2018-12-31 | 1.17 | −0.07 | −5.52% |
| Q4 2018 | 2018-09-30 | 1.11 | −0.05 | −4.12% |
| Q3 2018 | 2018-06-30 | 1.23 | −0.00 | −0.36% |
| Q2 2018 | 2018-03-31 | 1.23 | −0.12 | −8.72% |
| Q1 2018 | 2017-12-31 | 1.24 | −0.13 | −9.39% |
| Q4 2017 | 2017-09-30 | 1.15 | −0.08 | −6.29% |
| Q3 2017 | 2017-06-30 | 1.24 | −0.09 | −6.61% |
| Q2 2017 | 2017-03-31 | 1.35 | 0.15 | +12.55% |
| Q1 2017 | 2016-12-31 | 1.36 | 0.09 | +7.15% |
| Q4 2016 | 2016-09-30 | 1.23 | −0.00 | −0.35% |
| Q3 2016 | 2016-06-30 | 1.32 | 0.40 | +43.90% |
| Q2 2016 | 2016-03-31 | 1.20 | 0.24 | +24.48% |
| Q1 2016 | 2015-12-31 | 1.27 | 0.33 | +34.55% |
| Q4 2015 | 2015-09-30 | 1.24 | 0.29 | +30.65% |
| Q3 2015 | 2015-06-30 | 0.92 | 0.29 | +46.51% |
| Q2 2015 | 2015-03-31 | 0.96 | 0.30 | +44.52% |
| Q1 2015 | 2014-12-31 | 0.95 | 0.27 | +39.90% |
| Q4 2014 | 2014-09-30 | 0.95 | 0.26 | +37.02% |
| Q3 2014 | 2014-06-30 | 0.63 | −0.12 | −15.52% |
| Q2 2014 | 2014-03-31 | 0.66 | −0.14 | −17.09% |
| Q1 2014 | 2013-12-31 | 0.68 | −0.15 | −17.69% |
| Q4 2013 | 2013-09-30 | 0.69 | 0.02 | +3.15% |
| Q3 2013 | 2013-06-30 | 0.74 | 0.08 | +11.27% |
| Q2 2013 | 2013-03-31 | 0.80 | 0.14 | +21.96% |
| Q1 2013 | 2012-12-31 | 0.82 | 0.14 | +20.11% |
| Q4 2012 | 2012-09-30 | 0.67 | −0.01 | −1.98% |
| Q3 2012 | 2012-06-30 | 0.67 | 0.14 | +27.64% |
| Q2 2012 | 2012-03-31 | 0.66 | 0.13 | +25.29% |
| Q1 2012 | 2011-12-31 | 0.68 | 0.16 | +29.71% |
| Q4 2011 | 2011-09-30 | 0.68 | 0.17 | +32.87% |
| Q3 2011 | 2011-06-30 | 0.52 | −0.01 | −2.38% |
| Q2 2011 | 2011-03-31 | 0.52 | — | — |
| Q1 2011 | 2010-12-31 | 0.53 | — | — |
| Q4 2010 | 2010-09-30 | 0.51 | −0.07 | −11.38% |
| Q3 2010 | 2010-06-30 | 0.54 | — | — |
| Q4 2009 | 2009-09-30 | 0.58 | — | — |
Matthews International debt-to-equity ratio trends
Over the last five fiscal years, Matthews International's debt-to-equity ratio increased from 1.50 to 1.64, a change of 0.13. The latest reported quarter, Q3 2026, shows 1.29.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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