Matthews International Corporation Cash Flow
Concept
Operating Cash Flow
Net Income
Depreciation & Amortization
Stock based compensation
Other non cash items
Change in working capital
Investing Cash Flow
Capital Expenditures
Financing Cash Flow
Dividends Paid
Payout Ratio
Share Issuance / Repurchase
Debt Issued / Paid
Other Investing Activities
End Cash Position
Changes in Cash
Beginning Cash Position
Free Cash Flow
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
1995
1994
80M
39M
97M
17M
-16M
-36M
-59M
51M
-50M
28M
72 %
-3M
0M
-1M
42M
-29M
71M
29M
127M
-100M
104M
17M
109M
30M
7M
61M
-37M
28M
-27.67 %
-42M
36M
774M
71M
3M
68M
66M
163M
3M
134M
16M
-6M
13M
34M
34M
-123M
28M
966.67 %
-12M
-77M
-7M
68M
27M
41M
128M
180M
-88M
119M
8M
90M
68M
-10M
35M
-172M
26M
-30.25 %
-4M
-126M
-172M
41M
6M
35M
146M
131M
-39M
91M
8M
91M
-12M
-61M
38M
-75M
26M
-66.13 %
-26M
-16M
-7M
35M
-6M
42M
93M
148M
107M
77M
13M
-12M
-14M
-3M
43M
1M
25M
22.92 %
-21M
53M
698M
42M
-16M
58M
104M
149M
74M
68M
15M
-8M
-9M
-2M
45M
-7M
22M
29.52 %
-14M
29M
417M
58M
2M
56M
104M
140M
66M
65M
11M
-9M
11M
-47M
42M
-109M
19M
29.35 %
-58M
-30M
-8M
56M
-16M
72M
99M
141M
63M
63M
9M
-5M
2M
10M
48M
131M
18M
28.27 %
-15M
179M
260M
72M
9M
63M
93M
92M
44M
43M
7M
-2M
-5M
-2M
29M
338M
13M
30.37 %
-10M
357M
412M
76M
17M
59M
63M
109M
55M
38M
6M
-6M
13M
0M
25M
-12M
11M
20.71 %
-22M
32M
103M
58M
0M
58M
84M
82M
55M
29M
5M
-5M
-8M
-1M
33M
-41M
10M
18.88 %
-31M
0M
53M
58M
-3M
62M
49M
96M
73M
28M
7M
-3M
-19M
-1M
22M
10M
10M
12.94 %
-45M
69M
111M
60M
1M
60M
73M
106M
72M
27M
7M
-1M
-3M
-1M
21M
-51M
9M
12.4 %
-35M
-9M
59M
60M
2M
58M
85M
91M
58M
30M
6M
-8M
-2M
0M
19M
-54M
10M
17.99 %
-29M
0M
54M
58M
7M
51M
71M
105M
79M
25M
4M
5M
-16M
0M
12M
13M
7M
9.41 %
-43M
0M
88M
51M
7M
44M
92M
75M
65M
21M
0M
4M
-22M
0M
21M
-27M
7M
10.78 %
-57M
0M
38M
44M
14M
30M
54M
66M
66M
21M
0M
5M
-24M
0M
19M
-29M
7M
9.71 %
-17M
0M
-5M
30M
-10M
40M
47M
73M
60M
20M
0M
6M
-14M
0M
28M
42M
11M
18.92 %
-28M
0M
76M
40M
-26M
66M
45M
83M
56M
16M
0M
1M
9M
0M
10M
-3M
5M
9.25 %
-15M
0M
6M
66M
-1M
67M
73M
58M
45M
15M
0M
6M
-12M
0M
9M
-42M
4M
8.89 %
-7M
0M
-44M
67M
10M
57M
49M
55M
35M
14M
0M
10M
-9M
0M
10M
59M
3M
9.09 %
0M
0M
55M
57M
28M
29M
45M
38M
32M
13M
0M
-8M
1M
0M
7M
16M
3M
9.9 %
-12M
0M
31M
29M
0M
29M
31M
38M
28M
12M
0M
0M
-3M
0M
8M
-14M
3M
10.23 %
-13M
0M
-1M
29M
-2M
32M
30M
26M
25M
11M
1M
0M
-11M
0M
24M
-2M
3M
11.69 %
-16M
0M
27M
32M
6M
25M
2M
35M
23M
8M
6M
0M
1M
0M
24M
-23M
3M
11.94 %
-23M
0M
-1M
25M
5M
20M
11M
38M
20M
6M
4M
0M
8M
0M
6M
-22M
3M
14.29 %
-17M
0M
-5M
20M
8M
12M
31M
19M
20M
7M
15M
2M
-25M
0M
5M
-12M
3M
12.28 %
-9M
0M
0M
12M
-27M
39M
14M
20M
16M
5M
-1M
1M
1M
0M
6M
-3M
2M
13.64 %
0M
0M
-1M
39M
15M
24M
14M
20M
14M
4M
0M
2M
1M
0M
4M
-12M
1M
7.69 %
-8M
0M
0M
24M
5M
19M
17M
Concept
Operating Cash Flow
Net Income
Depreciation & Amortization
Stock based compensation
Other non cash items
Change in working capital
Investing Cash Flow
Capital Expenditures
Financing Cash Flow
Dividends Paid
Payout Ratio
Share Issuance / Repurchase
Debt Issued / Paid
Other Investing Activities
End Cash Position
Changes in Cash
Beginning Cash Position
Free Cash Flow
4Q2023
3Q2023
2Q2023
1Q2023
4Q2022
3Q2022
2Q2022
1Q2022
4Q2021
3Q2021
2Q2021
1Q2021
4Q2020
3Q2020
2Q2020
1Q2020
4Q2019
3Q2019
2Q2019
1Q2019
4Q2018
3Q2018
2Q2018
1Q2018
4Q2017
3Q2017
2Q2017
1Q2017
4Q2016
3Q2016
2Q2016
1Q2016
4Q2015
3Q2015
2Q2015
1Q2015
4Q2014
3Q2014
2Q2014
1Q2014
4Q2013
3Q2013
2Q2013
1Q2013
4Q2012
3Q2012
2Q2012
1Q2012
4Q2011
3Q2011
2Q2011
1Q2011
4Q2010
3Q2010
2Q2010
1Q2010
4Q2009
3Q2009
2Q2009
1Q2009
4Q2008
3Q2008
2Q2008
1Q2008
4Q2007
3Q2007
2Q2007
1Q2007
4Q2006
3Q2006
2Q2006
1Q2006
4Q2005
3Q2005
2Q2005
1Q2005
4Q2004
3Q2004
2Q2004
1Q2004
4Q2003
3Q2003
2Q2003
1Q2003
4Q2002
3Q2002
2Q2002
1Q2002
4Q2001
3Q2001
2Q2001
1Q2001
4Q2000
3Q2000
2Q2000
1Q2000
4Q1999
3Q1999
2Q1999
1Q1999
4Q1998
3Q1998
2Q1998
1Q1998
4Q1997
3Q1997
2Q1997
1Q1997
4Q1996
3Q1996
2Q1996
1Q1996
4Q1995
3Q1995
2Q1995
1Q1995
4Q1994
-27M
-2M
24M
5M
-3M
-50M
-14M
14M
36M
9M
-428.57 %
-17M
0M
63M
38M
-4M
42M
-41M
3M
18M
25M
4M
-2M
-19M
-5M
13M
6M
7M
39.29 %
0M
0M
0M
42M
3M
39M
-11M
32M
9M
24M
5M
1M
-7M
-2M
13M
-11M
7M
82.14 %
0M
-4M
44M
39M
-3M
42M
19M
81M
9M
24M
4M
12M
31M
-17M
11M
-67M
7M
79.31 %
0M
-60M
174M
42M
-3M
45M
70M
-36M
4M
24M
4M
-27M
-41M
-14M
12M
22M
7M
191.67 %
-2M
33M
240M
45M
-26M
71M
-49M
42M
-81M
24M
3M
84M
43M
6M
21M
7M
7M
-8.37 %
-8M
22M
212M
71M
5M
66M
22M
12M
3M
23M
5M
4M
-21M
-2M
13M
-5M
7M
244.44 %
-22M
24M
222M
66M
-10M
76M
-1M
100M
-2M
24M
5M
12M
61M
3M
15M
-101M
7M
-366.67 %
-10M
-83M
167M
76M
-14M
90M
84M
-27M
-20M
34M
4M
33M
-78M
0M
13M
62M
7M
-35.48 %
-2M
72M
-1M
90M
22M
68M
-40M
56M
-4M
36M
3M
-2M
20M
-15M
10M
-43M
7M
-183.33 %
-6M
-28M
-3M
68M
22M
46M
46M
15M
3M
35M
6M
-1M
-29M
-11M
9M
-4M
7M
210 %
-2M
5M
-1M
46M
-1M
47M
6M
57M
5M
35M
4M
1M
12M
15M
8M
-44M
7M
137.5 %
0M
-36M
-1M
47M
6M
41M
49M
35M
-2M
27M
3M
-1M
7M
-6M
8M
-31M
7M
-350 %
-4M
-18M
-2M
41M
0M
41M
28M
57M
7M
31M
1M
5M
18M
-42M
9M
-49M
7M
91.3 %
-2M
-34M
-163M
41M
-2M
43M
47M
58M
2M
30M
3M
3M
26M
42M
6M
-124M
7M
350 %
0M
-113M
-4M
43M
-29M
72M
51M
61M
-87M
29M
3M
84M
40M
-5M
9M
-11M
7M
-7.55 %
-1M
0M
-4M
72M
33M
39M
51M
5M
-10M
29M
2M
-2M
-16M
-5M
10M
12M
7M
-63.64 %
-2M
22M
-1M
39M
4M
35M
-4M
42M
-71M
30M
2M
73M
12M
6M
6M
-45M
6M
-8.77 %
-4M
-32M
-2M
35M
2M
34M
36M
44M
14M
20M
1M
4M
5M
-22M
13M
-15M
6M
43.48 %
-9M
2M
-2M
34M
-4M
38M
31M
37M
15M
21M
1M
1M
3M
-4M
11M
-21M
6M
41.67 %
-6M
-6M
-3M
38M
-2M
40M
26M
8M
3M
19M
4M
1M
-20M
1M
8M
6M
6M
222.22 %
-8M
21M
-1M
40M
-2M
42M
0M
65M
30M
20M
3M
-2M
-6M
9M
11M
-75M
6M
20.65 %
-1M
-61M
17M
42M
-12M
54M
54M
27M
24M
20M
2M
-13M
-3M
0M
10M
-26M
6M
25.97 %
-2M
-18M
54M
54M
-11M
65M
16M
49M
18M
20M
3M
0M
8M
0M
10M
-1M
6M
33.33 %
-14M
19M
118M
65M
5M
60M
38M
8M
35M
17M
5M
2M
-14M
-12M
12M
103M
6M
17.43 %
-4M
113M
510M
60M
3M
58M
-4M
54M
21M
17M
3M
-5M
4M
-2M
13M
-40M
6M
26.98 %
-2M
-32M
44M
58M
1M
57M
41M
51M
29M
19M
3M
8M
-4M
-2M
19M
-17M
5M
18.89 %
-2M
-9M
133M
57M
13M
44M
33M
28M
15M
17M
3M
-10M
3M
-2M
8M
-4M
5M
36.96 %
-3M
5M
106M
44M
-63M
106M
20M
16M
9M
15M
6M
-2M
-12M
-2M
5M
54M
5M
60.71 %
-6M
66M
133M
51M
51M
56M
11M
42M
24M
16M
3M
2M
1M
-2M
9M
-52M
5M
21.92 %
0M
-46M
-1M
56M
-19M
74M
33M
47M
24M
17M
3M
-10M
14M
0M
9M
-21M
5M
19.18 %
-50M
32M
-2M
2M
15M
-13M
38M
42M
14M
16M
3M
0M
8M
0M
10M
-33M
5M
32.56 %
-1M
-27M
0M
59M
-6M
65M
32M
10M
5M
16M
3M
-1M
-11M
0M
14M
-3M
5M
107.14 %
-7M
11M
-4M
-7M
-7M
72M
-4M
39M
17M
16M
2M
-3M
-15M
-2M
14M
185M
5M
28.85 %
-5M
214M
213M
72M
2M
70M
25M
48M
22M
15M
2M
3M
8M
10M
15M
-14M
4M
19.4 %
0M
-9M
20M
7M
19M
-13M
33M
45M
9M
16M
2M
-1M
21M
0M
10M
-25M
4M
46.43 %
-2M
-18M
16M
63M
-6M
69M
34M
9M
15M
15M
3M
-4M
-12M
0M
9M
-16M
4M
28.89 %
-8M
-7M
11M
-6M
-6M
76M
0M
29M
6M
15M
2M
-2M
3M
-2M
10M
362M
4M
76.47 %
-5M
365M
395M
76M
-5M
81M
18M
40M
20M
9M
2M
2M
8M
0M
9M
-12M
3M
15 %
0M
-9M
5M
22M
19M
3M
31M
11M
11M
10M
2M
-1M
-9M
0M
5M
-8M
3M
26.83 %
0M
-1M
4M
62M
-1M
63M
6M
12M
8M
9M
2M
0M
-6M
0M
5M
-4M
3M
37.93 %
-4M
1M
8M
4M
4M
58M
8M
36M
15M
11M
1M
-1M
6M
0M
8M
-20M
3M
20.75 %
-8M
-8M
0M
58M
3M
55M
29M
39M
18M
9M
1M
-4M
14M
0M
6M
-29M
3M
15.38 %
-6M
-20M
0M
-3M
3M
-7M
33M
26M
14M
9M
1M
-1M
3M
0M
6M
-15M
3M
19.61 %
-3M
-5M
29M
52M
-2M
54M
21M
7M
8M
8M
1M
0M
-10M
0M
5M
53M
3M
34.48 %
-5M
65M
75M
-5M
-5M
58M
2M
26M
12M
7M
1M
-1M
-3M
0M
9M
-17M
3M
22.73 %
-12M
-2M
32M
58M
4M
55M
17M
30M
16M
7M
1M
0M
7M
0M
9M
-8M
3M
15.52 %
-8M
2M
13M
-7M
0M
-7M
21M
19M
15M
7M
1M
-5M
0M
-1M
10M
-8M
3M
16.67 %
-4M
-1M
3M
-7M
0M
-7M
9M
7M
11M
7M
1M
0M
-12M
0M
6M
-8M
3M
22.5 %
-7M
2M
5M
54M
-7M
62M
1M
34M
21M
7M
2M
0M
-7M
0M
7M
39M
3M
12.33 %
-30M
43M
82M
60M
6M
55M
27M
28M
22M
7M
2M
-2M
-1M
0M
8M
-33M
2M
10.67 %
-7M
9M
-10M
55M
-6M
60M
20M
14M
17M
7M
2M
-1M
-10M
0M
4M
-2M
2M
10.34 %
-5M
5M
15M
60M
7M
54M
10M
20M
14M
7M
2M
0M
-2M
-2M
4M
6M
3M
21.28 %
-3M
12M
24M
54M
-6M
60M
16M
23M
21M
7M
2M
0M
-15M
0M
10M
-16M
2M
11.43 %
-14M
0M
20M
60M
4M
56M
13M
28M
21M
7M
2M
-3M
2M
0M
3M
-9M
2M
9.86 %
-12M
0M
13M
56M
-5M
61M
25M
32M
16M
6M
2M
0M
8M
0M
4M
-21M
2M
14.55 %
-4M
0M
11M
61M
1M
60M
28M
24M
14M
6M
2M
1M
2M
0M
4M
-5M
2M
15.56 %
-5M
0M
14M
60M
2M
58M
19M
21M
16M
7M
1M
-13M
1M
0M
8M
-8M
4M
29.41 %
-1M
0M
11M
58M
6M
52M
14M
25M
18M
7M
2M
3M
-5M
0M
5M
-17M
2M
10.17 %
-4M
0M
10M
52M
2M
50M
20M
25M
13M
9M
0M
2M
2M
0M
4M
-22M
2M
16.67 %
-4M
0M
0M
50M
-4M
53M
22M
20M
11M
7M
1M
1M
0M
0M
3M
-7M
2M
18.92 %
-19M
0M
30M
53M
2M
51M
17M
26M
20M
8M
2M
3M
-16M
0M
4M
-8M
2M
8.96 %
-17M
0M
2M
51M
0M
51M
22M
23M
21M
7M
1M
-3M
-4M
0M
3M
49M
2M
8.7 %
-17M
0M
132M
51M
-15M
66M
19M
24M
20M
5M
1M
3M
-6M
0M
2M
-15M
2M
9.23 %
-5M
0M
1M
66M
6M
59M
22M
31M
17M
5M
1M
1M
9M
0M
2M
-13M
2M
10.71 %
-4M
0M
-1M
59M
15M
44M
29M
32M
20M
5M
0M
2M
-1M
0M
6M
-14M
2M
9.23 %
-20M
0M
16M
44M
0M
44M
26M
16M
12M
5M
1M
-1M
-3M
0M
4M
-15M
2M
13.16 %
-25M
0M
2M
44M
-7M
50M
12M
16M
19M
5M
0M
1M
-8M
0M
7M
-4M
2M
8.62 %
-9M
0M
6M
50M
14M
36M
9M
11M
14M
5M
1M
0M
-9M
0M
4M
5M
2M
11.36 %
-3M
0M
15M
36M
6M
30M
7M
32M
19M
5M
-2M
2M
9M
0M
7M
-33M
2M
8.33 %
-17M
0M
-1M
30M
-8M
38M
24M
11M
18M
5M
0M
1M
-13M
0M
4M
-8M
2M
9.09 %
-1M
0M
0M
38M
1M
37M
7M
8M
17M
5M
0M
7M
-21M
0M
4M
21M
2M
13.46 %
0M
0M
22M
37M
4M
32M
4M
15M
13M
5M
1M
-5M
1M
0M
4M
-9M
5M
42.5 %
0M
0M
-4M
32M
-7M
40M
12M
13M
16M
5M
0M
2M
-11M
0M
6M
80M
3M
16.33 %
0M
0M
82M
40M
-1M
40M
7M
33M
16M
5M
0M
16M
-4M
0M
14M
-3M
6M
35.29 %
-1M
0M
3M
40M
-6M
46M
19M
11M
15M
5M
0M
-14M
5M
0M
5M
-20M
1M
8.51 %
-15M
0M
-5M
46M
-18M
64M
6M
17M
13M
5M
0M
2M
-3M
0M
3M
-14M
1M
10.26 %
-12M
0M
-4M
64M
-1M
66M
13M
18M
17M
4M
0M
-1M
-3M
0M
4M
0M
1M
7.84 %
-2M
0M
0M
66M
-44M
109M
14M
25M
14M
4M
0M
-3M
10M
0M
4M
21M
1M
9.09 %
-6M
0M
27M
109M
27M
82M
21M
26M
14M
4M
0M
5M
3M
0M
1M
-8M
1M
9.52 %
0M
0M
-10M
82M
15M
67M
24M
15M
11M
4M
0M
1M
-2M
0M
2M
-16M
1M
11.43 %
-6M
0M
-11M
67M
0M
67M
13M
26M
12M
4M
0M
6M
-1M
0M
3M
-16M
1M
11.11 %
-4M
0M
-12M
67M
3M
64M
23M
13M
12M
4M
0M
-1M
-3M
0M
3M
-4M
1M
7.89 %
0M
0M
-10M
64M
9M
55M
10M
1M
12M
4M
0M
0M
-14M
0M
1M
-11M
1M
8.33 %
0M
0M
-13M
55M
-7M
63M
0M
19M
9M
4M
0M
1M
5M
0M
3M
-10M
1M
10.34 %
0M
0M
-11M
63M
6M
57M
16M
15M
10M
3M
0M
-1M
-4M
0M
3M
-10M
1M
9.09 %
0M
0M
-9M
57M
0M
57M
11M
27M
11M
4M
0M
6M
6M
0M
3M
-8M
1M
9.09 %
0M
0M
-9M
57M
-19M
76M
24M
4M
6M
4M
3M
1M
-9M
0M
2M
-7M
1M
15 %
0M
0M
-11M
76M
31M
45M
2M
10M
8M
3M
0M
1M
-2M
0M
2M
83M
1M
12 %
0M
0M
84M
45M
16M
29M
8M
17M
8M
4M
0M
-3M
8M
0M
2M
-2M
1M
11.11 %
-1M
0M
0M
29M
-2M
31M
16M
8M
9M
3M
0M
0M
-4M
0M
2M
29M
1M
7.14 %
-3M
0M
33M
31M
-6M
37M
6M
7M
8M
3M
0M
-2M
-2M
0M
2M
-8M
1M
7.69 %
-6M
0M
-1M
37M
19M
18M
5M
6M
7M
3M
0M
-3M
-1M
0M
2M
-4M
1M
9.09 %
-2M
0M
0M
18M
-11M
29M
4M
13M
7M
3M
0M
0M
2M
0M
2M
-5M
1M
13.04 %
-6M
0M
-2M
29M
2M
27M
11M
12M
8M
3M
0M
1M
1M
0M
1M
0M
1M
8.33 %
-3M
0M
4M
27M
15M
12M
11M
3M
7M
3M
0M
-1M
-6M
0M
2M
-6M
1M
9.09 %
-3M
0M
-2M
12M
-17M
29M
1M
10M
6M
3M
0M
0M
0M
0M
2M
-3M
1M
10.53 %
-1M
0M
-1M
29M
-3M
32M
7M
9M
6M
3M
-1M
8M
-9M
0M
2M
-4M
1M
15 %
-5M
0M
-1M
32M
5M
27M
7M
12M
7M
3M
-3M
2M
3M
0M
13M
5M
1M
9.09 %
-7M
0M
12M
4M
4M
0M
-1M
1M
6M
2M
3M
-10M
0M
0M
5M
-2M
1M
10.53 %
-3M
0M
2M
-4M
-4M
27M
-4M
5M
5M
2M
-3M
0M
0M
0M
4M
-2M
1M
12.5 %
-1M
0M
1M
27M
2M
25M
1M
9M
6M
2M
6M
0M
-4M
0M
12M
-1M
0M
5.56 %
-3M
0M
0M
5M
5M
2M
-4M
11M
6M
2M
0M
-1M
4M
0M
8M
-7M
1M
15.79 %
-6M
0M
0M
2M
2M
4M
3M
9M
6M
2M
0M
1M
0M
0M
2M
-8M
1M
12.5 %
-8M
0M
0M
4M
4M
15M
7M
6M
5M
2M
0M
0M
0M
0M
1M
-7M
1M
13.33 %
-6M
0M
0M
15M
-5M
20M
5M
11M
5M
2M
4M
0M
1M
0M
2M
-8M
1M
13.33 %
-8M
0M
-1M
-1M
-1M
11M
9M
18M
6M
2M
0M
-2M
12M
0M
1M
-4M
1M
13.33 %
-1M
0M
-2M
11M
11M
0M
17M
4M
5M
1M
0M
1M
-4M
0M
2M
-8M
1M
14.29 %
-6M
0M
-1M
-5M
-5M
15M
2M
6M
4M
1M
0M
0M
0M
0M
1M
-3M
1M
16.67 %
-2M
0M
0M
15M
3M
13M
4M
8M
4M
1M
-1M
2M
1M
0M
2M
-7M
1M
16.67 %
-6M
0M
0M
-3M
-3M
1M
6M
6M
5M
1M
-10M
10M
0M
0M
5M
-3M
1M
15.38 %
-2M
0M
0M
1M
1M
1M
1M
4M
7M
4M
4M
-10M
-2M
0M
1M
-2M
1M
9.52 %
0M
0M
-1M
1M
1M
13M
3M
2M
4M
1M
-4M
0M
0M
0M
1M
-1M
1M
16.67 %
0M
0M
0M
13M
-26M
39M
1M
5M
3M
1M
-1M
2M
0M
0M
2M
-1M
1M
20 %
0M
0M
0M
5M
5M
5M
4M
7M
4M
1M
0M
2M
0M
0M
2M
-1M
1M
8.33 %
0M
0M
0M
5M
5M
3M
5M
5M
4M
1M
0M
-1M
1M
0M
2M
-1M
1M
18.18 %
0M
0M
0M
3M
3M
26M
4M
2M
4M
1M
0M
-3M
0M
0M
1M
-1M
1M
9.09 %
0M
0M
0M
26M
1M
24M
2M