MATW (Matthews International) Debt-to-Equity: 1.24 (As of Mar. 2026) — 11% Below Median

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MATW Matthews International Corp MATW
62 GF Score
Price $27.75
GF Value $17.15
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Matthews International Debt-to-Equity?

Matthews International MATW 62 Debt-to-Equity is 1.24 as of Mar. 2026, which is 11% below its 10-year median of 1.40. GuruFocus rates MATW with a GF Score™ of 62/100 and a GF Value™ of $17.15 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 516 Conglomerates companies, Matthews International ranks worse than 77.13% on this metric.

Matthews International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $22 Mil. Matthews International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $613 Mil. Matthews International's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $512 Mil. Matthews International's debt to equity for the quarter that ended in Mar. 2026 was 1.24.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Matthews International's Debt-to-Equity or its related term are showing as below:

MATW' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.08   Med: 1.4   Max: 2.14
Current: 1.24

During the past 13 years, the highest Debt-to-Equity Ratio of Matthews International was 2.14. The lowest was 1.08. And the median was 1.40.

MATW's Debt-to-Equity is ranked worse than
77.13% of 516 companies
in the Conglomerates industry
Industry Median: 0.55 vs MATW: 1.24

Matthews International  (NAS:MATW) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Matthews International Debt-to-Equity Related Terms


Matthews International Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Matthews International's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Matthews International Debt-to-Equity Chart

Matthews International Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.33 1.79 1.64 1.92 1.59

Matthews International Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.14 1.47 1.59 1.08 1.24

MATW vs CODI, DLX, FBYD: Debt-to-Equity Comparison

For the Conglomerates subindustry, Matthews International's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Matthews International Debt-to-Equity vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Matthews International's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Matthews International's Debt-to-Equity falls into.


MATW
62GF Score
Matthews International Corp MATW
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Matthews International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Matthews International's Debt to Equity Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Matthews International's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 1.24 mean?
Matthews International (MATW) has a Debt-to-Equity of 1.24 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Matthews International and its competitors. This is 11% below median its historical median of 1.40. Over the past decade, Matthews International's Debt-to-Equity has ranged from 1.08 to 2.14. According to the industry distribution chart, Matthews International ranks #398 out of 516 companies in the Conglomerates industry, placing it in the top 77.1%.
Is Matthews International's Debt-to-Equity too high?
Matthews International's current Debt-to-Equity of 1.24 is 11% below median its 10-year median of 1.40. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 2.14. The Conglomerates industry median Debt-to-Equity is 0.55. Matthews International's value of 1.24 is 125.5% above this industry median. Based on the distribution chart, Matthews International ranks #398 out of 516 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Matthews International has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Matthews International's Debt-to-Equity compare to CODI and DLX?
According to the Conglomerates industry distribution chart, Matthews International ranks #398 out of 516 companies for Debt-to-Equity. This places Matthews International in the lower half of its industry. The industry median Debt-to-Equity is 0.55. Matthews International's value of 1.24 is 125.5% above this benchmark. Historically, Matthews International's own Debt-to-Equity has ranged from 1.08 to 2.14 over the past decade. While the company's 10-year median is 1.40 vs. the industry median of 0.55, Matthews International has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Conglomerates company?
The median Debt-to-Equity among Conglomerates companies is 0.55, based on 516 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Matthews International's current Debt-to-Equity of 1.24 is 125.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Matthews International and its competitors. For the Conglomerates industry, the median Debt-to-Equity is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Matthews International's current Debt-to-Equity is 1.24, which is 11% below median its own 10-year median of 1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Matthews International stock overvalued right now?
Based on GuruFocus' analysis, Matthews International (MATW) is currently considered Significantly Overvalued. The stock's GF Value™ is $17.15, compared to a current price of $27.75 — trading 61.8% above its estimated fair value. The current Debt-to-Equity is 1.24, which is 11% below median its 10-year median of 1.40 and 125.5% above the Conglomerates industry median of 0.55. Matthews International's overall GF Score™ is 62/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Matthews International (MATW), the current Debt-to-Equity is 1.24 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Matthews International (MATW) Overvalued in 2026?

Based on GuruFocus' analysis, Matthews International stock appears to be overvalued. The current stock price of $27.75 is trading 61.8% above its estimated GF Value™ of $17.15. GuruFocus considers Matthews International to be Significantly Overvalued.

Key valuation signals for MATW:

  • Debt-to-Equity: 1.24 (11% below median its 10-year median of 1.40)
  • GF Value™: $17.15 vs. price of $27.75 (61.8% above fair value)
  • GF Score™: 62/100 with 7 warning signs
  • Industry Position: 125.5% above the Conglomerates median (#398 of 516)

No single metric tells the full story. See the MATW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Matthews International Business Description

Other Exchanges MW1A:Germany
Address Two Northshore Center, Pittsburgh, PA, USA, 15212-5851
Matthews International Corp is a provider of memorialization products, industrial technologies and brand solutions. The company's segments are Memorialization, Industrial Technologies and Brand Solutions. The memorialization offerings include bronze and granite memorials, caskets, and cremation-related products and equipment for cemeteries and funeral homes. Its Industrial Technologies segment designs, manufactures, services, and sells custom energy storage systems and product identification and warehouse automation solutions. The Brand Solutions segment provides brand management, pre-media, printing plates and cylinders, imaging, digital asset management, merchandising displays, and marketing and design services. The majority of revenue is generated by Memorialization.
62GF Score

Get the complete analysis for MATW

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$27.75
Price
$17.15
GF Value