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Mannatech (MTEX) Financials

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$4.74 -0.34 (-6.69%)
As of 11:06 AM Eastern
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Annual Income Statements for Mannatech

Annual Income Statements for Mannatech

This table shows Mannatech's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 5.84 -0.59 -1.79 -3.84 3.29 6.26 9.84 -4.49 -2.24 2.49 -15
Consolidated Net Income / (Loss)		 5.84 -0.59 -1.79 -3.89 3.29 6.26 9.84 -4.49 -2.24 2.49 -15
Net Income / (Loss) Continuing Operations		 5.84 -0.59 -1.79 -3.84 3.29 6.26 9.84 -4.49 -2.24 2.49 -15
Total Pre-Tax Income 		8.20 -0.96 2.46 0.49 5.74 5.73 8.89 -0.48 -1.13 3.74 -2.89
Total Operating Income		 12 0.66 2.52 -0.09 6.43 4.49 9.05 -0.41 -0.96 1.43 -0.43
Total Gross Profit		 146 144 141 139 126 116 126 104 103 91 81
Total Revenue		 180 180 177 174 158 151 160 137 132 118 108
Operating Revenue		 180 180 177 174 158 151 160 137 132 118 108
Total Cost of Revenue		 34 37 36 34 32 36 34 33 29 26 27
Operating Cost of Revenue		 34 37 36 34 32 36 34 33 29 26 27
Total Operating Expenses		 134 143 139 139 120 111 117 105 104 90 81
Selling, General & Admin Expense		 59 67 62 64 53 48 51 47 50 90 81
Total Other Income / (Expense), net		 -3.95 -1.62 -0.06 0.58 -0.70 1.23 -0.16 -0.07 -0.17 2.31 -2.46
Interest Expense		 -0.21 -0.17 -0.27 -0.29 0.02 -0.08 -0.07 -0.09 -0.00 0.28 0.41
Other Income / (Expense), net		 -4.16 -1.79 -0.33 0.29 -0.68 1.15 -0.22 -0.16 -0.17 2.59 -2.06
Income Tax Expense		 2.36 -0.37 4.25 4.38 2.45 -0.54 -0.95 4.01 1.11 1.25 12
Basic Earnings per Share		 $2.18 ($0.22) ($0.66) ($1.53) $1.38 $2.80 $4.95 ($2.35) ($1.20) $1.32 ($8.00)
Weighted Average Basic Shares Outstanding		 2.68M 2.69M 2.71M 2.54M 2.39M 2.24M 1.99M 1.91M 1.87M 1.89M 1.90M
Diluted Earnings per Share		 $2.14 ($0.22) ($0.66) ($1.53) $1.35 $2.77 $4.71 ($2.35) ($1.20) $1.32 ($8.00)
Weighted Average Diluted Shares Outstanding		 2.73M 2.69M 2.71M 2.54M 2.44M 2.26M 2.09M 1.91M 1.87M 1.89M 1.90M

Quarterly Income Statements for Mannatech

This table shows Mannatech's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q3 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 9/30/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders		 0.02 -1.76 0.76 -1.02 -0.33 3.08 -1.53 1.92 0.95
Consolidated Net Income / (Loss)		 0.02 -1.76 1.18 -0.62 -0.33 2.26 -1.53 1.92 0.95
Net Income / (Loss) Continuing Operations		 0.02 -1.76 0.76 -1.02 -0.33 3.08 -1.53 1.92 0.95
Total Pre-Tax Income 		0.48 -1.86 1.71 -0.13 -0.72 2.88 -1.32 2.51 1.11
Total Operating Income		 0.17 -0.90 0.82 -1.14 0.89 0.87 -0.83 2.01 -0.18
Total Gross Profit		 26 25 23 21 24 23 20 22 19
Total Revenue		 33 33 29 28 32 29 27 29 25
Operating Revenue		 33 33 29 28 32 29 27 29 25
Total Cost of Revenue		 6.63 8.05 6.30 6.36 8.11 5.64 6.83 6.89 6.06
Operating Cost of Revenue		 6.63 8.05 6.30 6.36 8.11 5.64 6.83 6.89 6.06
Total Operating Expenses		 26 26 23 23 23 22 21 20 19
Selling, General & Admin Expense		 13 13 11 11 23 46 21 20 19
Total Other Income / (Expense), net		 0.30 -0.97 0.89 1.02 -1.60 2.01 -0.49 0.51 1.29
Interest Expense		 0.02 -0.01 -0.02 0.11 0.11 0.08 0.07 0.10 0.10
Other Income / (Expense), net		 0.32 -0.97 0.87 1.12 -1.50 2.09 -0.42 0.61 1.40
Income Tax Expense		 0.46 -0.11 0.53 0.50 -0.39 0.61 0.21 0.59 0.16
Basic Earnings per Share		 $0.01 ($0.94) $0.63 ($0.33) ($0.17) $1.19 ($0.80) $1.01 $0.49
Weighted Average Basic Shares Outstanding		 1.86M 1.87M 1.88M 1.89M 1.89M 1.89M 1.90M 1.90M 1.93M
Diluted Earnings per Share		 $0.01 ($0.94) $0.63 ($0.33) ($0.17) $1.19 ($0.80) $1.01 $0.49
Weighted Average Diluted Shares Outstanding		 1.86M 1.87M 1.88M 1.89M 1.89M 1.89M 1.90M 1.90M 1.93M
Weighted Average Basic & Diluted Shares Outstanding		 1.86M 1.88M 1.88M 1.88M 1.88M 1.90M 1.90M 1.90M 1.93M

Annual Cash Flow Statements for Mannatech

This table details how cash moves in and out of Mannatech's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents		 4.00 -3.31 10 -16 0.42 -3.50 -1.87 -10 -5.81 3.13 -5.55
Net Cash From Operating Activities		 4.39 -0.02 10 -0.22 4.92 6.03 11 -2.60 -2.37 2.26 -2.96
Net Cash From Continuing Operating Activities		 4.39 -0.02 10 -0.22 4.92 6.03 11 -2.58 -2.37 2.26 -2.96
Net Income / (Loss) Continuing Operations		 5.84 -0.59 -1.79 -3.89 3.29 6.26 9.84 -4.49 -2.24 2.49 -15
Consolidated Net Income / (Loss)		 5.84 -0.59 -1.79 -3.89 3.29 6.26 9.84 -4.49 -2.24 2.49 -15
Depreciation Expense		 1.79 1.90 1.86 2.06 2.09 1.99 1.72 1.63 1.63 1.53 1.09
Non-Cash Adjustments To Reconcile Net Income		 0.58 4.08 2.07 4.93 1.19 4.26 1.99 2.37 2.09 -0.30 1.88
Changes in Operating Assets and Liabilities, net		 -3.83 -5.41 8.17 -3.33 -1.65 -6.48 -2.78 -2.08 -3.85 -1.46 9.28
Net Cash From Investing Activities		 -1.98 -2.29 -1.34 -2.28 -1.22 -0.95 -0.65 -1.06 -0.75 -0.29 -1.35
Net Cash From Continuing Investing Activities		 -1.98 -2.29 -1.34 -2.28 -1.22 -0.95 -0.65 -1.06 -0.75 -0.29 -1.35
Purchase of Property, Plant & Equipment		 -1.98 -2.29 -1.34 -2.34 -1.22 -0.95 -0.65 -1.06 -0.75 -0.30 -1.35
Sale of Property, Plant & Equipment		 0.00 0.00 0.00 0.06 0.00 0.00 0.00 0.00 0.00 0.01 0.00
Net Cash From Financing Activities		 0.14 -2.46 -3.06 -12 -2.71 -9.92 -9.29 -4.33 -1.90 1.96 -0.56
Net Cash From Continuing Financing Activities		 0.14 -2.46 -3.06 -12 -2.71 -9.92 -9.29 -4.33 -1.90 1.96 -0.56
Repayment of Debt		 -1.53 -1.55 -1.57 -1.54 -1.22 -2.87 -0.44 -0.82 -0.99 -1.64 -0.56
Issuance of Debt		 1.64 - - - 0.00 2.24 0.00 0.00 0.00 3.60 0.00
Effect of Exchange Rate Changes		 1.45 1.46 4.21 -1.62 -0.57 1.33 - - - -0.81 -0.67
Cash Interest Paid		 0.09 0.11 0.07 0.00 0.13 0.07 0.03 0.03 0.10 0.48 0.51
Cash Income Taxes Paid		 4.66 1.78 1.69 0.80 1.00 0.99 0.14 0.72 2.55 0.83 0.43

Quarterly Cash Flow Statements for Mannatech

This table details how cash moves in and out of Mannatech's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 12/31/2025 3/31/2026
Net Change in Cash & Equivalents		 -1.51 0.13 -0.16 5.91 -1.41 -1.21 -2.07 -0.96 0.40
Net Cash From Operating Activities		 0.29 -1.32 1.87 -2.67 3.27 -0.22 -1.37 -0.29 1.13
Net Cash From Continuing Operating Activities		 0.11 -0.90 1.56 1.98 -1.06 -0.22 -1.37 -0.29 1.13
Net Income / (Loss) Continuing Operations		 0.02 -1.76 1.18 -0.62 -0.33 2.26 -1.53 -11 0.95
Consolidated Net Income / (Loss)		 0.02 -1.76 1.18 -0.62 -0.33 2.26 -1.53 -11 0.95
Depreciation Expense		 0.45 0.40 0.42 0.39 0.37 0.36 0.29 0.26 0.26
Non-Cash Adjustments To Reconcile Net Income		 1.03 -0.52 1.11 2.92 -2.28 -2.05 0.98 0.34 -0.40
Changes in Operating Assets and Liabilities, net		 -1.40 0.98 -1.15 -0.70 1.18 -0.79 -1.11 10 0.31
Net Cash From Investing Activities		 -0.19 -0.21 -0.06 -0.08 -0.26 0.12 -0.49 -0.17 -0.13
Net Cash From Continuing Investing Activities		 -0.19 -0.21 -0.06 -0.08 -0.26 0.12 -0.49 -0.17 -0.13
Purchase of Property, Plant & Equipment		 -0.19 -0.21 -0.06 -0.08 -0.26 0.11 -0.49 -0.17 -0.13
Net Cash From Financing Activities		 -0.35 -0.27 -0.25 3.36 -0.24 -0.91 -0.17 -0.24 -0.13
Net Cash From Continuing Financing Activities		 -0.35 -0.27 -0.25 3.36 -0.24 -0.91 -0.17 -0.24 -0.13
Repayment of Debt		 -0.27 -0.27 -0.25 3.36 -3.84 -0.91 -0.17 -0.24 -0.13
Effect of Exchange Rate Changes		 - - -1.41 0.66 0.15 -0.20 -0.05 -0.26 -0.47
Cash Interest Paid		 0.05 0.03 0.02 0.14 0.16 0.15 0.13 0.12 0.12
Cash Income Taxes Paid		 0.12 0.04 0.07 0.51 0.23 0.02 0.00 -0.35 0.42

Annual Balance Sheets for Mannatech

This table presents Mannatech's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets		 69 71 76 62 63 65 60 49 41 36 30
Total Current Assets		 50 51 56 42 41 42 43 35 28 26 21
Cash & Equivalents		 32 29 38 22 25 22 24 14 7.73 11 6.19
Restricted Cash		 1.51 1.51 1.51 1.51 0.94 0.94 0.94 0.94 0.94 0.55 0.55
Accounts Receivable		 0.37 0.30 0.27 0.11 0.96 0.19 0.09 0.22 0.09 0.02 0.00
Inventories, net		 9.20 12 9.39 13 10 13 12 15 15 10 10
Prepaid Expenses		 2.91 3.48 2.61 3.40 2.24 2.96 2.89 2.39 1.77 1.76 1.70
Current Deferred & Refundable Income Taxes		 0.46 1.59 0.91 0.29 0.22 1.01 0.34 0.42 0.47 0.74 0.74
Other Current Assets		 3.44 3.23 3.88 2.45 1.76 2.34 2.37 2.48 2.13 1.26 1.28
Plant, Property, & Equipment, net		 0.84 1.00 0.80 0.90 0.87 0.86 4.24 3.76 4.15 2.86 3.14
Total Noncurrent Assets		 18 19 19 19 21 22 14 11 9.40 7.08 6.28
Other Noncurrent Operating Assets		 7.61 7.62 7.44 9.75 15 16 11 8.82 7.07 5.31 6.28
Total Liabilities & Shareholders' Equity		 69 71 76 62 63 65 60 49 41 36 30
Total Liabilities		 30 32 36 37 36 39 35 35 31 27 35
Total Current Liabilities		 26 30 33 34 29 32 30 30 26 21 19
Short-Term Debt		 1.16 1.16 1.04 0.78 0.83 0.63 0.27 0.32 0.51 0.08 0.00
Accounts Payable		 2.68 5.22 6.01 6.72 3.53 4.80 3.97 4.36 4.01 2.07 2.41
Accrued Expenses		 6.22 5.61 5.77 6.00 8.21 8.69 9.22 7.51 5.12 3.83 3.13
Current Deferred Revenue		 8.68 8.16 8.56 5.27 4.42 5.47 4.87 5.11 4.79 3.03 3.09
Current Deferred & Payable Income Tax Liabilities		 0.82 1.04 2.40 2.66 2.19 1.40 2.15 3.28 1.52 1.79 1.03
Other Current Liabilities		 6.82 8.80 9.66 12 9.73 11 9.61 9.26 9.84 10 9.08
Total Noncurrent Liabilities		 3.70 2.32 2.56 3.26 6.76 7.38 5.12 5.11 4.94 6.55 16
Long-Term Debt		 1.07 0.57 0.00 0.88 0.36 0.00 0.00 0.00 0.00 2.90 2.75
Noncurrent Deferred & Payable Income Tax Liabilities		 0.02 0.03 1.15 0.00 0.00 0.00 0.00 0.00 - 0.00 9.75
Other Noncurrent Operating Liabilities		 1.99 1.47 1.27 2.30 6.21 7.25 5.05 5.03 4.94 3.65 3.98
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 39 39 40 25 27 26 24 14 10 8.61 -5.22
Total Preferred & Common Equity		 39 39 40 25 27 26 24 14 10 8.61 -5.22
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 39 39 40 25 27 26 24 14 10 8.61 -5.22
Common Stock		 40 38 35 34 34 34 33 33 33 33 33
Retained Earnings		 8.59 7.33 4.19 -2.78 -0.69 2.21 7.71 1.69 -1.30 1.19 -14
Treasury Stock		 -11 -8.47 -4.86 -10 -9.94 -15 -19 -21 -21 -20 -20
Accumulated Other Comprehensive Income / (Loss)		 0.69 1.83 5.98 4.34 3.76 5.15 2.34 -0.21 -1.02 -5.67 -4.67

Quarterly Balance Sheets for Mannatech

This table presents Mannatech's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q3 2025 Q1 2026
Period end date 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 9/30/2025 3/31/2026
Total Assets		 42 41 40 41 37 34 30
Total Current Assets		 29 28 28 29 27 22 21
Cash & Equivalents		 7.93 7.91 9.20 12 9.32 7.14 7.01
Restricted Cash		 0.94 0.94 0.94 0.94 0.55 0.55 0.13
Accounts Receivable		 0.15 0.32 0.10 0.02 0.10 0.04 0.01
Inventories, net		 15 14 13 12 12 11 9.67
Prepaid Expenses		 2.04 3.15 2.21 2.29 3.29 1.59 2.48
Current Deferred & Refundable Income Taxes		 0.42 0.45 0.42 0.41 0.70 0.73 0.38
Other Current Assets		 1.78 1.84 1.91 1.22 0.76 0.91 1.51
Plant, Property, & Equipment, net		 0.00 0.00 0.00 0.00 0.00 3.23 3.00
Total Noncurrent Assets		 14 13 12 12 10 8.60 5.68
Other Noncurrent Operating Assets		 12 10 9.62 9.32 7.73 6.82 5.68
Total Liabilities & Shareholders' Equity		 42 41 40 41 37 34 30
Total Liabilities		 32 31 32 31 29 27 35
Total Current Liabilities		 26 26 24 23 23 20 19
Short-Term Debt		 0.58 0.79 0.37 0.21 0.00 0.00 0.38
Accounts Payable		 3.88 4.88 11 12 13 4.01 2.88
Accrued Expenses		 7.55 5.90 5.97 4.80 4.31 3.28 3.26
Current Deferred Revenue		 3.95 4.24 4.15 3.02 2.32 2.29 3.27
Current Deferred & Payable Income Tax Liabilities		 1.31 1.92 1.74 1.36 1.55 1.49 0.68
Other Current Liabilities		 9.05 8.42 0.27 1.78 1.26 8.44 9.00
Total Noncurrent Liabilities		 5.19 4.47 7.76 7.62 6.51 7.47 16
Long-Term Debt		 0.00 0.00 3.60 3.60 2.90 2.90 2.75
Capital Lease Obligations		 1.02 0.89 - - - 0.46 0.31
Noncurrent Deferred & Payable Income Tax Liabilities		 0.00 0.00 - - - - 9.75
Other Noncurrent Operating Liabilities		 4.17 3.58 4.16 4.02 3.61 4.10 3.16
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 11 10 8.20 10.00 7.59 6.95 -5.55
Total Preferred & Common Equity		 11 10 8.20 10.00 7.59 6.95 -5.55
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 11 10 8.20 10.00 7.59 6.95 -5.55
Common Stock		 33 33 33 33 33 33 33
Retained Earnings		 0.46 -0.12 -0.75 -1.07 -0.34 -2.73 -13
Treasury Stock		 -21 -20 -20 -20 -20 -20 -19
Accumulated Other Comprehensive Income / (Loss)		 -2.55 -2.45 -4.10 -2.00 -5.43 -3.76 -6.22

Annual Metrics And Ratios for Mannatech

This table displays calculated financial ratios and metrics derived from Mannatech's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding		 2,681,078.00 2,686,868.00 2,708,491.00 2,381,244.00 2,385,787.00 2,087,791.00 1,921,761.00 1,858,467.00 1,860,154.00 1,884,814.00 1,900,930.00
DEI Adjusted Shares Outstanding		 2,681,078.00 2,686,868.00 2,708,491.00 2,381,244.00 2,385,787.00 2,087,791.00 1,921,761.00 1,858,467.00 1,860,154.00 1,884,814.00 1,900,930.00
DEI Earnings Per Adjusted Shares Outstanding		 2.18 -0.22 -0.66 -1.61 1.38 3.00 5.12 -2.42 -1.20 1.32 -8.00
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -5.16% 0.02% -2.00% -1.75% -9.14% -4.01% 5.52% -14.12% -3.83% -10.68% -8.34%
EBITDA Growth		 -13.49% -92.14% 426.66% -44.07% 246.14% -2.65% 38.17% -89.95% -53.40% 1,024.09% -125.05%
EBIT Growth		 -17.64% -114.13% 293.62% -90.81% 2,761.69% -1.91% 56.43% -106.42% -100.00% 454.41% -161.78%
NOPAT Growth		 2.62% -94.65% -495.47% 139.09% 415.74% 33.15% 103.93% -102.83% -138.02% 240.99% -131.34%
Net Income Growth		 -10.11% -110.04% -204.95% -117.46% 184.64% 90.36% 57.20% -145.62% 50.13% 211.21% -710.96%
EPS Growth		 -10.83% -110.28% -200.00% -131.82% 188.24% 105.19% 70.04% -149.89% 48.94% 210.00% -706.06%
Operating Cash Flow Growth		 -53.44% -100.52% 44,986.96% -102.15% 2,314.86% 22.64% 78.67% -124.12% 8.81% 195.40% -231.05%
Free Cash Flow Firm Growth		 -62.03% -162.84% 413.17% -114.07% 336.61% 29.76% 164.03% -95.17% -693.11% 215.67% 194.69%
Invested Capital Growth		 138.38% 221.90% -224.88% 34.00% 32.36% 67.37% 161.82% -148.53% 795.24% -121.67% -2,545.98%
Revenue Q/Q Growth		 0.07% -1.43% 2.13% -1.32% -2.90% -0.11% 0.00% 0.00% 0.00% -3.03% 0.00%
EBITDA Q/Q Growth		 21.18% -83.95% 108.87% -37.57% 43.80% -7.49% 0.00% 0.00% 0.00% 621.17% 0.00%
EBIT Q/Q Growth		 25.06% -138.98% 2,356.18% -87.61% 71.96% -9.01% 0.00% 0.00% 0.00% 597.40% 0.00%
NOPAT Q/Q Growth		 -22.27% -82.32% -162.46% 116.40% 1,092.79% -43.61% 0.00% 0.00% 0.00% 510.61% 0.00%
Net Income Q/Q Growth		 -5.24% -128.27% -323.65% 35.52% 943.33% -18.02% 0.00% 0.00% 0.00% 262.96% 0.00%
EPS Q/Q Growth		 -5.73% -129.73% -327.59% 32.89% 1,138.46% -15.03% 0.00% 0.00% 0.00% 262.96% 0.00%
Operating Cash Flow Q/Q Growth		 58.80% -100.62% 465.39% -107.39% 15.64% 194.72% -20.75% -771.58% 42.29% 95.08% -2.42%
Free Cash Flow Firm Q/Q Growth		 -39.67% -725.69% 709.67% -211.74% 122.10% 104.14% 0.00% 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth		 123.89% 263.50% -767.98% 24.51% 61.60% -182.27% 0.00% 0.00% 0.00% -519.28% 0.00%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 81.08% 79.72% 79.81% 80.14% 80.00% 76.55% 78.63% 75.91% 77.95% 77.60% 74.94%
EBITDA Margin		 5.43% 0.43% 2.29% 1.30% 4.97% 5.04% 6.60% 0.77% 0.37% 4.71% -1.29%
Operating Margin		 6.74% 0.37% 1.43% -0.05% 4.08% 2.97% 5.66% -0.30% -0.73% 1.21% -0.39%
EBIT Margin		 4.43% -0.63% 1.24% 0.12% 3.65% 3.73% 5.52% -0.41% -0.86% 3.41% -2.30%
Profit (Net Income) Margin		 3.24% -0.33% -1.01% -2.24% 2.09% 4.14% 6.16% -3.27% -1.70% 2.11% -14.08%
Tax Burden Percent		 71.22% 61.36% -72.64% -794.68% 57.34% 109.36% 110.68% 937.37% 198.14% 66.58% 526.58%
Interest Burden Percent		 102.63% 84.59% 112.53% 243.28% 99.72% 101.47% 100.75% 84.48% 99.65% 93.06% 116.35%
Effective Tax Rate		 28.78% 0.00% 172.64% 894.68% 42.66% -9.36% -10.68% 0.00% 0.00% 33.42% 0.00%
Return on Invested Capital (ROIC)		 0.00% 16.68% 0.00% 0.00% 0.00% 0.00% 0.00% -231.43% -98.15% 151.25% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 19.60% 0.00% 0.00% 0.00% 0.00% 0.00% -209.49% -84.72% 134.01% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 0.00% -18.19% 0.00% 0.00% 0.00% 0.00% 0.00% 208.16% 79.99% -125.18% 0.00%
Return on Equity (ROE)		 16.70% -1.51% -4.52% -11.85% 12.51% 23.52% 39.07% -23.27% -18.16% 26.08% -897.26%
Cash Return on Invested Capital (CROIC)		 297.15% -88.51% 0.00% 0.00% 0.00% 0.00% 1,842.39% 0.00% -156.40% 0.00% 0.00%
Operating Return on Assets (OROA)		 11.75% -1.61% 2.97% 0.29% 9.19% 8.80% 14.13% -1.04% -2.51% 10.40% -7.52%
Return on Assets (ROA)		 8.58% -0.84% -2.42% -5.61% 5.26% 9.76% 15.75% -8.26% -4.96% 6.45% -46.07%
Return on Common Equity (ROCE)		 16.70% -1.51% -4.52% -11.85% 12.51% 23.52% 39.07% -23.27% -18.16% 26.08% -897.26%
Return on Equity Simple (ROE_SIMPLE)		 15.14% -1.51% -4.44% -15.35% 12.06% 24.11% 40.32% -31.67% -21.36% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 8.65 0.46 -1.83 0.72 3.69 4.91 10 -0.28 -0.67 0.95 -0.30
NOPAT Margin		 4.80% 0.26% -1.04% 0.41% 2.34% 3.24% 6.27% -0.21% -0.51% 0.81% -0.28%
Net Nonoperating Expense Percent (NNEP)		 -7.80% -2.92% 0.11% -12.38% -1.37% 4.79% -0.69% -21.94% -13.44% 17.25% -230.40%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - - -6.14% 8.20% 12.06%
Cost of Revenue to Revenue		 18.92% 20.28% 20.19% 19.86% 20.00% 23.45% 21.37% 24.09% 22.05% 22.40% 25.06%
SG&A Expenses to Revenue		 32.88% 37.14% 35.14% 36.63% 33.86% 31.75% 31.96% 34.58% 38.07% 76.38% 75.33%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 74.35% 79.35% 78.39% 80.17% 75.92% 73.58% 72.96% 76.20% 78.69% 76.38% 75.33%
Earnings before Interest and Taxes (EBIT)		 7.99 -1.13 2.19 0.20 5.75 5.64 8.83 -0.57 -1.13 4.02 -2.48
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 9.78 0.77 4.05 2.27 7.84 7.63 11 1.06 0.49 5.55 -1.39
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.93 1.01 0.75 1.41 1.15 1.34 2.88 2.32 1.44 2.94 0.00
Price to Tangible Book Value (P/TBV)		 0.93 1.01 0.75 1.41 1.15 1.34 2.88 2.32 1.44 2.94 0.00
Price to Revenue (P/Rev)		 0.20 0.22 0.17 0.21 0.20 0.23 0.44 0.24 0.11 0.21 0.15
Price to Earnings (P/E)		 6.16 0.00 0.00 0.00 9.57 5.55 7.15 0.00 0.00 10.17 0.00
Dividend Yield		 0.00% 1.71% 4.46% 8.36% 3.79% 3.43% 1.97% 4.52% 7.41% 0.00% 0.00%
Earnings Yield		 16.23% 0.00% 0.00% 0.00% 10.45% 18.02% 13.99% 0.00% 0.00% 9.84% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 4.05 2.64 0.00 0.00 0.00 0.00 95.74 0.00 4.30 0.00 0.00
Enterprise Value to Revenue (EV/Rev)		 0.03 0.06 0.00 0.08 0.05 0.08 0.29 0.14 0.05 0.14 0.11
Enterprise Value to EBITDA (EV/EBITDA)		 0.54 14.54 0.00 6.17 0.91 1.62 4.32 17.54 13.98 2.94 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.67 0.00 0.00 69.51 1.24 2.19 5.16 0.00 0.00 4.07 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.62 24.16 0.00 19.54 1.93 2.51 4.55 0.00 0.00 17.19 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 1.21 0.00 0.00 0.00 1.45 2.05 4.23 0.00 0.00 7.23 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 1.36 0.00 0.00 0.00 2.78 3.72 5.20 43.89 0.00 5.63 1.37
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.07 0.05 0.03 0.07 0.05 0.03 0.01 0.03 0.05 0.35 -0.53
Long-Term Debt to Equity		 0.04 0.02 0.00 0.04 0.02 0.01 0.00 0.01 0.00 0.34 -0.53
Financial Leverage		 -1.03 -0.93 -1.01 -1.13 -1.11 -1.06 -1.01 -0.99 -0.94 -0.93 -3.82
Leverage Ratio		 1.95 1.81 1.86 2.11 2.38 2.41 2.48 2.82 3.66 4.05 19.48
Compound Leverage Factor		 2.00 1.53 2.10 5.14 2.37 2.44 2.50 2.38 3.65 3.76 22.66
Debt to Total Capital		 6.86% 4.86% 2.87% 6.40% 4.77% 2.84% 1.37% 2.82% 4.63% 25.73% -111.20%
Short-Term Debt to Total Capital		 2.80% 2.83% 2.52% 2.87% 2.88% 2.35% 1.10% 2.22% 4.63% 0.72% 0.00%
Long-Term Debt to Total Capital		 4.06% 2.03% 0.35% 3.53% 1.88% 0.48% 0.27% 0.60% 0.00% 25.00% -111.20%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 93.14% 95.14% 97.13% 93.60% 95.23% 97.16% 98.63% 97.18% 95.37% 74.27% 211.20%
Debt to EBITDA		 0.29 2.58 0.29 0.76 0.17 0.10 0.03 0.39 1.03 0.54 -1.98
Net Debt to EBITDA		 -3.13 -36.69 -9.38 -9.55 -3.10 -2.93 -2.35 -13.50 -16.52 -1.61 2.86
Long-Term Debt to EBITDA		 0.17 1.08 0.04 0.42 0.07 0.02 0.01 0.08 0.00 0.52 -1.98
Debt to NOPAT		 0.33 4.29 -0.65 2.42 0.37 0.15 0.03 -1.45 -0.75 3.14 -9.22
Net Debt to NOPAT		 -3.55 -60.97 20.77 -30.24 -6.60 -4.56 -2.48 50.47 12.09 -9.42 13.36
Long-Term Debt to NOPAT		 0.19 1.79 -0.08 1.34 0.15 0.03 0.01 -0.31 0.00 3.05 -9.22
Altman Z-Score		 4.31 3.71 3.35 3.49 3.55 3.37 4.80 3.49 3.42 4.41 3.02
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 1.89 1.69 1.68 1.26 1.42 1.33 1.42 1.17 1.07 1.25 1.10
Quick Ratio		 1.23 0.97 1.13 0.65 0.89 0.70 0.81 0.47 0.30 0.55 0.33
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 3.91 -2.46 7.69 -1.08 2.56 3.32 8.77 0.42 -2.51 2.91 8.56
Operating Cash Flow to CapEx		 221.63% -1.01% 771.02% -9.75% 403.03% 636.75% 1,657.54% -244.50% -317.27% 793.33% -218.99%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 159.98 0.00 0.00 0.00 0.00 10.41 21.09
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 307.31 0.00 0.00 0.00 0.00 8.10 -7.30
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 231.06 0.00 0.00 0.00 0.00 7.08 -10.63
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 2.65 2.58 2.40 2.51 2.52 2.36 2.56 2.52 2.92 3.05 3.27
Accounts Receivable Turnover		 412.98 540.64 618.90 916.10 297.32 265.39 1,157.70 890.96 854.08 2,143.02 10,803.80
Inventory Turnover		 3.45 3.46 3.34 3.11 2.75 3.09 2.75 2.47 1.99 2.12 2.64
Fixed Asset Turnover		 146.50 196.09 196.33 203.76 178.32 175.14 62.61 34.31 33.38 33.65 36.02
Accounts Payable Turnover		 9.83 9.25 6.35 5.42 6.16 8.53 7.79 7.94 6.95 8.69 12.09
Days Sales Outstanding (DSO)		 0.88 0.68 0.59 0.40 1.23 1.38 0.32 0.41 0.43 0.17 0.03
Days Inventory Outstanding (DIO)		 105.91 105.62 109.22 117.55 132.89 118.11 132.79 147.65 183.57 172.37 138.35
Days Payable Outstanding (DPO)		 37.11 39.46 57.47 67.40 59.29 42.78 46.85 45.98 52.52 42.02 30.19
Cash Conversion Cycle (CCC)		 69.68 66.83 52.35 50.55 74.82 76.71 86.26 102.07 131.48 130.52 108.19
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 1.32 4.23 -5.29 -3.49 -2.36 -0.77 0.48 -0.23 1.61 -0.35 -9.21
Invested Capital Turnover		 -170.79 65.00 -335.60 -39.57 -53.93 -96.75 -1,086.82 1,120.07 191.93 187.39 -22.61
Increase / (Decrease) in Invested Capital		 4.74 2.92 -9.52 1.80 1.13 1.59 1.25 -0.71 1.84 -1.95 -8.86
Enterprise Value (EV)		 5.32 11 -7.67 14 7.12 12 46 19 6.91 16 12
Market Capitalization		 36 39 30 36 31 35 70 33 15 25 16
Book Value per Share		 $14.38 $14.47 $14.86 $10.63 $11.43 $12.44 $12.70 $7.63 $5.64 $4.57 ($2.75)
Tangible Book Value per Share		 $14.38 $14.47 $14.86 $10.63 $11.43 $12.44 $12.70 $7.63 $5.64 $4.57 ($2.75)
Total Capital		 41 41 41 27 29 27 25 15 11 12 -2.47
Total Debt		 2.84 1.99 1.19 1.73 1.37 0.76 0.34 0.41 0.51 2.98 2.75
Total Long-Term Debt		 1.68 0.83 0.14 0.96 0.54 0.13 0.07 0.09 0.00 2.90 2.75
Net Debt		 -31 -28 -38 -22 -24 -22 -25 -14 -8.16 -8.96 -3.99
Capital Expenditures (CapEx)		 1.98 2.29 1.34 2.28 1.22 0.95 0.65 1.06 0.75 0.29 1.35
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -8.84 -8.27 -15 -14 -13 -12 -12 -9.28 -6.28 -6.64 -4.89
Debt-free Net Working Capital (DFNWC)		 25 22 24 9.55 13 11 13 5.44 2.39 5.31 1.84
Net Working Capital (NWC)		 24 21 23 8.77 12 10 13 5.12 1.88 5.23 1.84
Net Nonoperating Expense (NNE)		 2.81 1.05 -0.04 4.60 0.40 -1.35 0.17 4.21 1.56 -1.54 15
Net Nonoperating Obligations (NNO)		 -37 -35 -46 -29 -30 -27 -24 -14 -8.88 -8.96 -3.99
Total Depreciation and Amortization (D&A)		 1.79 1.90 1.86 2.06 2.09 1.99 1.72 1.63 1.63 1.53 1.09
Debt-free, Cash-free Net Working Capital to Revenue		 -4.90% -4.58% -8.69% -7.95% -8.08% -7.95% -7.58% -6.76% -4.76% -5.63% -4.53%
Debt-free Net Working Capital to Revenue		 13.68% 12.16% 13.50% 5.50% 8.22% 7.34% 8.15% 3.96% 1.81% 4.50% 1.70%
Net Working Capital to Revenue		 13.04% 11.52% 12.91% 5.05% 7.69% 6.93% 7.97% 3.73% 1.43% 4.43% 1.70%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $2.18 ($0.22) ($0.66) ($1.53) $1.38 $2.80 $4.95 ($2.35) ($1.20) $1.32 ($8.00)
Adjusted Weighted Average Basic Shares Outstanding		 2.68M 2.69M 2.71M 2.54M 2.39M 2.24M 1.99M 1.91M 1.87M 1.89M 1.90M
Adjusted Diluted Earnings per Share		 $2.14 ($0.22) ($0.66) ($1.53) $1.35 $2.77 $4.71 ($2.35) ($1.20) $1.32 ($8.00)
Adjusted Weighted Average Diluted Shares Outstanding		 2.73M 2.69M 2.71M 2.54M 2.44M 2.26M 2.09M 1.91M 1.87M 1.89M 1.90M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 2.70M 2.70M 2.72M 2.40M 2.39M 2.07M 2.07M 1.87M 1.88M 1.90M 0.00
Normalized Net Operating Profit after Tax (NOPAT)		 8.65 0.46 1.76 -0.06 3.69 3.14 6.33 -0.28 -0.67 0.95 -0.30
Normalized NOPAT Margin		 4.80% 0.26% 1.00% -0.04% 2.34% 2.08% 3.96% -0.21% -0.51% 0.81% -0.28%
Pre Tax Income Margin		 4.55% -0.53% 1.39% 0.28% 3.64% 3.78% 5.57% -0.35% -0.86% 3.17% -2.67%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 359.50 0.00 0.00 0.00 0.00 14.41 -6.12
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 230.54 0.00 0.00 0.00 0.00 3.41 -0.73
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 283.25 0.00 0.00 0.00 0.00 13.38 -9.45
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 154.29 0.00 0.00 0.00 0.00 2.39 -4.07
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.00% -114.68% -75.77% -79.41% 36.49% 53.63% 44.17% -34.12% -33.41% 0.00% 0.00%
Augmented Payout Ratio		 0.00% -161.43% -88.42% -273.52% 45.42% 148.39% 95.50% -78.26% -41.27% 0.00% 0.00%

Quarterly Metrics And Ratios for Mannatech

This table displays calculated financial ratios and metrics derived from Mannatech's official financial filings.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q3 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 9/30/2025 3/31/2026
DEI Shares Outstanding		 1,864,881.00 1,860,154.00 1,884,814.00 1,884,814.00 1,884,814.00 1,884,814.00 1,900,930.00 1,900,930.00 1,900,930.00
DEI Adjusted Shares Outstanding		 1,864,881.00 1,860,154.00 1,884,814.00 1,884,814.00 1,884,814.00 1,884,814.00 1,900,930.00 1,900,930.00 1,900,930.00
DEI Earnings Per Adjusted Shares Outstanding		 0.01 -0.94 0.41 -0.54 -0.17 1.63 -0.80 1.01 0.50
Growth Metrics		 - - - - - - - - -
Revenue Growth		 -8.34% 0.00% -13.84% -14.89% -2.54% -11.27% -9.63% -8.08% -6.20%
EBITDA Growth		 -60.08% 0.00% 47.03% 187.29% -125.16% 326.71% -145.47% 1,204.64% 254.07%
EBIT Growth		 -70.07% 0.00% 61.66% 97.14% -223.58% 258.40% -173.98% 530.59% 197.12%
NOPAT Growth		 -99.33% 0.00% 40.67% -19.81% 9,426.07% 208.59% -202.99% 147.38% 73.60%
Net Income Growth		 -98.49% 0.00% 95.36% 43.53% -1,922.22% 228.82% -229.66% 686.59% 162.09%
EPS Growth		 -98.36% 0.00% 96.88% 44.07% -1,800.00% 226.60% -226.98% 694.12% 161.25%
Operating Cash Flow Growth		 128.30% 56.80% 38.71% 0.78% 1,040.07% 83.42% -173.00% 0.00% 182.31%
Free Cash Flow Firm Growth		 100.49% 0.00% 0.00% 114.61% 11,770.85% 0.00% 197.08% -131.86% 367.82%
Invested Capital Growth		 -0.76% 0.00% 0.00% -49.14% -96.82% -121.67% -98.37% 3,059.04% -22,152.38%
Revenue Q/Q Growth		 -0.13% 0.43% -10.10% -5.62% 14.37% -8.56% -8.43% 0.00% 0.00%
EBITDA Q/Q Growth		 325.90% -255.41% 243.92% -82.72% -165.11% 1,500.42% -128.86% 0.00% 0.00%
EBIT Q/Q Growth		 161.19% -479.67% 190.52% -101.36% -2,543.48% 586.68% -142.28% 0.00% 0.00%
NOPAT Q/Q Growth		 100.98% -9,711.99% 190.37% -241.32% 177.60% 9.57% -185.71% 0.00% 0.00%
Net Income Q/Q Growth		 101.63% -9,855.56% 167.20% -152.88% 47.44% 789.63% -167.64% 0.00% 0.00%
EPS Q/Q Growth		 101.69% -9,500.00% 167.02% -152.38% 48.48% 800.00% -167.23% 0.00% 0.00%
Operating Cash Flow Q/Q Growth		 110.68% -560.28% 241.86% -242.26% 222.73% -106.69% -524.66% 0.00% 489.62%
Free Cash Flow Firm Q/Q Growth		 100.76% -100.00% 0.00% 125.41% 514.94% -16.31% -25.75% 0.00% 0.00%
Invested Capital Q/Q Growth		 -2.25% -38.47% 60.71% -47.38% -93.89% -519.28% 112.07% 0.00% 0.00%
Profitability Metrics		 - - - - - - - - -
Gross Margin		 79.65% 75.38% 78.58% 77.06% 74.45% 80.55% 74.30% 76.37% 75.70%
EBITDA Margin		 2.89% -4.48% 7.17% 1.31% -0.75% 11.44% -3.61% 8.98% 5.92%
Operating Margin		 0.53% -2.74% 2.79% -4.12% 2.80% 2.98% -3.14% 6.88% -0.72%
EBIT Margin		 1.51% -5.71% 5.75% -0.08% -1.92% 10.20% -4.71% 8.98% 4.88%
Profit (Net Income) Margin		 0.06% -5.37% 4.01% -2.25% -1.03% 7.80% -5.76% 6.60% 3.81%
Tax Burden Percent		 3.79% 94.36% 69.05% 487.50% 45.75% 78.65% 115.56% 76.53% 85.51%
Interest Burden Percent		 96.54% 99.63% 101.06% 556.52% 117.93% 97.20% 105.84% 96.03% 91.44%
Effective Tax Rate		 96.21% 0.00% 30.95% 0.00% 0.00% 21.35% 0.00% 23.47% 14.49%
Return on Invested Capital (ROIC)		 0.00% -157.45% 189.91% -175.26% 176.68% 439.48% -192.54% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% -144.72% 174.30% -177.49% 187.22% 421.75% -180.25% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 122.55% -131.23% 141.46% -162.86% -393.97% 154.03% 0.00% 0.00%
Return on Equity (ROE)		 0.00% -34.89% 58.68% -33.81% 13.82% 45.51% -38.51% 0.00% -1,253.87%
Cash Return on Invested Capital (CROIC)		 0.00% -156.40% 0.00% 0.00% 0.00% 0.00% 198.91% 0.00% 0.00%
Operating Return on Assets (OROA)		 0.00% -16.69% 17.83% -0.24% -5.63% 31.12% -13.94% 0.00% 15.59%
Return on Assets (ROA)		 0.00% -15.69% 12.44% -6.45% -3.04% 23.79% -17.05% 0.00% 12.19%
Return on Common Equity (ROCE)		 0.00% -34.89% 58.68% -33.81% 13.82% 45.51% -38.51% 0.00% -1,253.87%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 0.00% -15.92% -14.42% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 0.01 -0.63 0.57 -0.80 0.62 0.68 -0.58 1.54 -0.15
NOPAT Margin		 0.02% -1.92% 1.93% -2.88% 1.96% 2.35% -2.20% 5.27% -0.62%
Net Nonoperating Expense Percent (NNEP)		 0.10% -12.72% 15.61% 2.23% -10.54% 17.73% -12.29% 5.45% 19.62%
Return On Investment Capital (ROIC_SIMPLE)		 - -5.70% 4.67% - 4.50% 5.87% -5.56% 14.89% 7.28%
Cost of Revenue to Revenue		 20.35% 24.62% 21.42% 22.94% 25.55% 19.45% 25.70% 23.63% 24.30%
SG&A Expenses to Revenue		 38.64% 38.36% 36.04% 39.15% 71.66% 158.05% 77.43% 69.49% 76.42%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 79.12% 78.12% 77.21% 82.62% 71.66% 74.76% 77.43% 69.49% 76.42%
Earnings before Interest and Taxes (EBIT)		 0.49 -1.87 1.69 -0.02 -0.61 2.96 -1.25 2.62 1.22
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 0.94 -1.46 2.11 0.36 -0.24 3.32 -0.96 2.62 1.48
Valuation Ratios		 - - - - - - - - -
Price to Book Value (P/BV)		 1.80 1.44 1.48 1.56 1.46 2.94 2.30 2.72 0.00
Price to Tangible Book Value (P/TBV)		 1.80 1.44 1.48 1.56 1.46 2.94 2.30 2.72 0.00
Price to Revenue (P/Rev)		 0.00 0.11 0.12 0.10 0.12 0.21 0.15 0.00 0.10
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 0.00 10.17 89.03 0.00 0.00
Dividend Yield		 5.80% 7.41% 7.30% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 9.84% 1.12% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 4.61 4.30 3.22 4.88 64.17 0.00 249.47 5.56 0.00
Enterprise Value to Revenue (EV/Rev)		 0.00 0.05 0.07 0.05 0.04 0.14 0.09 0.00 0.07
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 13.98 7.13 3.40 6.92 2.94 4.21 0.00 6.98
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 22.72 0.00 4.07 9.73 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 1.05 0.00 17.19 150.32 0.00 45.81
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00 4.60 7.23 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 5.63 4.02 0.00 0.77
Leverage & Solvency		 - - - - - - - - -
Debt to Equity		 0.15 0.05 0.16 0.48 0.38 0.35 0.38 0.48 -0.62
Long-Term Debt to Equity		 0.10 0.00 0.09 0.44 0.36 0.34 0.38 0.48 -0.55
Financial Leverage		 -0.82 -0.85 -0.75 -0.80 -0.87 -0.93 -0.85 -0.84 -5.54
Leverage Ratio		 3.23 3.66 3.93 4.30 4.00 4.05 4.31 4.40 32.77
Compound Leverage Factor		 3.12 3.65 3.97 23.93 4.72 3.93 4.56 4.22 29.96
Debt to Total Capital		 12.99% 4.63% 13.84% 32.62% 27.58% 25.73% 27.66% 32.61% -162.60%
Short-Term Debt to Total Capital		 4.68% 4.63% 6.52% 3.03% 1.51% 0.72% 0.00% 0.00% -17.83%
Long-Term Debt to Total Capital		 8.31% 0.00% 7.32% 29.59% 26.07% 25.00% 27.66% 32.61% -144.78%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 87.01% 95.37% 86.16% 67.38% 72.42% 74.27% 72.34% 67.39% 262.60%
Debt to EBITDA		 0.00 1.03 1.44 2.04 4.95 0.54 1.17 0.00 3.30
Net Debt to EBITDA		 0.00 -16.52 -6.14 -3.16 -12.05 -1.61 -2.80 0.00 -3.56
Long-Term Debt to EBITDA		 0.00 0.00 0.76 1.85 4.68 0.52 1.17 0.00 2.94
Debt to NOPAT		 0.00 -0.75 -2.80 0.63 -16.44 3.14 41.61 0.00 21.64
Net Debt to NOPAT		 0.00 12.09 11.95 -0.97 40.06 -9.42 -100.04 0.00 -23.34
Long-Term Debt to NOPAT		 0.00 0.00 -1.48 0.57 -15.54 3.05 41.61 0.00 19.27
Altman Z-Score		 0.00 3.36 3.60 3.40 3.37 4.31 3.50 0.00 3.34
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - -
Current Ratio		 1.09 1.07 1.08 1.17 1.25 1.25 1.18 1.13 1.09
Quick Ratio		 0.31 0.30 0.31 0.39 0.53 0.55 0.42 0.37 0.36
Cash Flow Metrics		 - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 0.03 0.00 -2.01 0.51 3.15 2.63 1.96 -1.00 9.15
Operating Cash Flow to CapEx		 154.30% -638.16% 3,072.13% -3,251.22% 1,258.46% 0.00% -279.75% 0.00% 872.87%
Free Cash Flow to Firm to Interest Expense		 1.56 0.00 0.00 4.88 28.88 31.74 26.79 -9.64 87.98
Operating Cash Flow to Interest Expense		 16.88 0.00 0.00 -25.39 30.02 -2.64 -18.74 0.00 10.83
Operating Cash Flow Less CapEx to Interest Expense		 5.94 0.00 0.00 -26.17 27.63 -1.36 -25.44 0.00 9.59
Efficiency Ratios		 - - - - - - - - -
Asset Turnover		 0.00 2.92 3.10 2.87 2.94 3.05 2.96 0.00 3.20
Accounts Receivable Turnover		 0.00 854.08 397.61 328.98 1,421.66 2,143.02 545.19 0.00 1,899.86
Inventory Turnover		 0.00 1.99 2.05 1.89 2.13 2.12 2.11 0.00 2.45
Fixed Asset Turnover		 0.00 33.38 0.00 0.00 0.00 33.65 0.00 0.00 0.00
Accounts Payable Turnover		 0.00 6.95 5.73 3.16 3.68 8.69 2.99 0.00 3.29
Days Sales Outstanding (DSO)		 0.00 0.43 0.92 1.11 0.26 0.17 0.67 0.00 0.19
Days Inventory Outstanding (DIO)		 0.00 183.57 178.49 193.59 170.97 172.37 172.76 0.00 149.11
Days Payable Outstanding (DPO)		 0.00 52.52 63.70 115.45 99.21 42.02 122.09 0.00 111.10
Cash Conversion Cycle (CCC)		 0.00 131.48 115.70 79.25 72.02 130.52 51.34 0.00 38.20
Capital & Investment Metrics		 - - - - - - - - -
Invested Capital		 2.61 1.61 2.58 1.36 0.08 -0.35 0.04 2.62 -9.26
Invested Capital Turnover		 0.00 82.16 98.59 60.76 90.27 187.39 87.71 0.00 -23.08
Increase / (Decrease) in Invested Capital		 -0.02 0.00 2.58 -1.31 -2.53 -1.95 -2.54 2.54 -9.30
Enterprise Value (EV)		 12 6.91 8.32 6.63 5.33 16 10 15 7.28
Market Capitalization		 19 15 15 13 15 25 17 19 11
Book Value per Share		 $5.74 $5.64 $5.54 $4.35 $5.31 $4.57 $3.99 $3.66 ($2.92)
Tangible Book Value per Share		 $5.74 $5.64 $5.54 $4.35 $5.31 $4.57 $3.99 $3.66 ($2.92)
Total Capital		 12 11 12 12 14 12 10 10 -2.12
Total Debt		 1.60 0.51 1.68 3.97 3.81 2.98 2.90 3.36 3.44
Total Long-Term Debt		 1.02 0.00 0.89 3.60 3.60 2.90 2.90 3.36 3.06
Net Debt		 -7.27 -8.16 -7.17 -6.17 -9.28 -8.96 -6.97 -4.33 -3.71
Capital Expenditures (CapEx)		 0.19 0.21 0.06 0.08 0.26 -0.11 0.49 0.00 0.13
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -6.02 -6.28 -5.93 -5.80 -7.13 -6.64 -5.90 -5.11 -5.04
Debt-free Net Working Capital (DFNWC)		 2.85 2.39 2.92 4.34 5.96 5.31 3.97 2.58 2.11
Net Working Capital (NWC)		 2.27 1.88 2.13 3.97 5.75 5.23 3.97 2.58 1.73
Net Nonoperating Expense (NNE)		 -0.01 1.13 -0.61 -0.18 0.95 -1.58 0.95 -0.39 -1.10
Net Nonoperating Obligations (NNO)		 -8.09 -8.88 -7.86 -6.84 -9.92 -8.96 -7.54 -4.33 -3.71
Total Depreciation and Amortization (D&A)		 0.45 0.40 0.42 0.39 0.37 0.36 0.29 0.00 0.26
Debt-free, Cash-free Net Working Capital to Revenue		 0.00% -4.76% -4.66% -4.74% -5.87% -5.63% -5.13% 0.00% -4.74%
Debt-free Net Working Capital to Revenue		 0.00% 1.81% 2.30% 3.54% 4.90% 4.50% 3.45% 0.00% 1.98%
Net Working Capital to Revenue		 0.00% 1.43% 1.68% 3.24% 4.73% 4.43% 3.45% 0.00% 1.63%
Earnings Adjustments		 - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.00 ($0.94) $0.63 ($0.33) ($0.17) $1.19 ($0.80) $1.01 $0.49
Adjusted Weighted Average Basic Shares Outstanding		 0.00 1.87M 1.88M 1.89M 1.89M 1.89M 1.90M 1.90M 1.93M
Adjusted Diluted Earnings per Share		 $0.00 ($0.94) $0.63 ($0.33) ($0.17) $1.19 ($0.80) $1.01 $0.49
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 1.87M 1.88M 1.89M 1.89M 1.89M 1.90M 1.90M 1.93M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 1.88M 1.88M 1.88M 1.88M 1.90M 1.90M 1.90M 1.93M
Normalized Net Operating Profit after Tax (NOPAT)		 0.12 -0.63 0.57 -0.80 0.62 0.68 -0.58 1.54 -0.15
Normalized NOPAT Margin		 0.37% -1.92% 1.93% -2.88% 1.96% 2.35% -2.20% 5.27% -0.62%
Pre Tax Income Margin		 1.46% -5.69% 5.81% -0.46% -2.26% 9.91% -4.98% 8.62% 4.46%
Debt Service Ratios		 - - - - - - - - -
EBIT to Interest Expense		 28.94 0.00 0.00 -0.22 -5.58 35.65 -17.14 25.17 11.68
NOPAT to Interest Expense		 0.38 0.00 0.00 -7.62 5.70 8.20 -7.99 14.77 -1.48
EBIT Less CapEx to Interest Expense		 18.00 0.00 0.00 -1.00 -7.96 36.93 -23.84 0.00 10.44
NOPAT Less CapEx to Interest Expense		 -10.56 0.00 0.00 -8.40 3.31 9.47 -14.69 0.00 -2.72
Payout Ratios		 - - - - - - - - -
Dividend Payout Ratio		 0.00% -33.41% -22.43% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% -41.27% -33.01% -6.60% 0.00% 0.00% 0.00% 0.00% 0.00%

Financials Breakdown Chart

Key Financial Trends

Mannatech’s Q1 2026 results show a meaningful recovery in profitability and operating cash flow, but the balance sheet has weakened considerably. Revenue was $24.9 million, down 6.2% from $26.6 million in Q1 2025 and below the $29.2 million reported in Q3 2025. The longer trend across the provided periods is generally lower revenue, declining from $32.7 million in Q4 2023 to $24.9 million in Q1 2026.

Profitability improved year over year. Gross profit declined to $18.9 million, but gross margin expanded to approximately 75.7% from 74.3% in Q1 2025. Selling, general and administrative expense fell 7.4% to $19.0 million, narrowing the operating loss to $180,000 from $833,000. Net income attributable to common shareholders improved to $950,000, or $0.49 per diluted share, compared with a $1.5 million loss, or negative $0.80 per share, in Q1 2025.

Cash generation also improved sharply. Operating cash flow was $1.1 million in Q1 2026, compared with an operating cash outflow of $1.4 million in Q1 2025 and $289,000 in Q4 2025. However, the recovery was partly supported by working-capital changes and $1.4 million of net other income, so investors should assess whether the improvement is sustainable through recurring operations.

The balance sheet remains the primary concern. Cash and equivalents declined to $7.0 million from $9.3 million a year earlier, while total liabilities rose to $35.4 million from $29.1 million. As a result, shareholders’ equity turned negative at $5.6 million, compared with positive equity of $7.6 million in Q1 2025 and $7.0 million in Q3 2025. The company’s current ratio was approximately 1.1, leaving limited liquidity cushion despite the improvement in quarterly cash flow.

  • Return to profitability: Q1 2026 net income was $950,000, a substantial improvement from the $1.5 million loss reported in Q1 2025.
  • Improved operating leverage: SG&A expense declined 7.4% year over year, helping reduce the operating loss despite lower revenue.
  • Stronger cash generation: Operating cash flow improved to $1.1 million from a $1.4 million outflow in the prior-year quarter.
  • Lower inventory balance: Net inventory fell to $9.7 million from $11.8 million in Q1 2025, which may reduce working-capital pressure and inventory risk.
  • Gross margin resilience: Gross margin improved to approximately 75.7%, although quarterly margins have been volatile and revenue remains below prior-year levels.
  • Debt repayment continues: Mannatech repaid $126,000 of debt in Q1 2026, but total debt and lease obligations still exceeded $3.4 million at quarter-end.
  • Revenue contraction: Q1 2026 revenue declined year over year and remains well below the $32.7 million reported in Q4 2023, suggesting ongoing top-line pressure.
  • Negative shareholders’ equity: Total equity fell to negative $5.6 million, driven by accumulated losses, treasury stock and accumulated other comprehensive losses.
  • Liabilities exceed assets: Total liabilities of $35.4 million were greater than total assets of $29.9 million, raising balance-sheet and solvency concerns.
  • Reliance on non-operating income: Q1 pretax income benefited from $1.4 million of net other income, while core operating income remained negative. A reversal of this benefit could pressure future earnings.

Overall, Q1 2026 marks an encouraging improvement in earnings, margins and operating cash flow, but it does not yet establish a durable turnaround. Retail investors should focus on whether Mannatech can stabilize revenue, produce recurring operating profits and rebuild positive equity without relying on non-operating gains. Some historical figures in the supplied data are restated or calculated, and certain cash-flow classifications differ between continuing operations and total operating activities, so quarter-to-quarter comparisons should be interpreted with care.

07/28/26 11:40 AM ETAI Generated. May Contain Errors.

Mannatech Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Mannatech's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Mannatech's net income appears to be on an upward trend, with a most recent value of -$15.21 million in 2025, falling from $5.84 million in 2015. The previous period was $2.49 million in 2024. See Mannatech's forecast for analyst expectations on what's next for the company.

Mannatech's total operating income in 2025 was -$426 thousand, based on the following breakdown:
  • Total Gross Profit: $80.96 million
  • Total Operating Expenses: $81.39 million

Over the last 10 years, Mannatech's total revenue changed from $180.27 million in 2015 to $108.04 million in 2025, a change of -40.1%.

Mannatech's total liabilities were at $35.22 million at the end of 2025, a 28.3% increase from 2024, and a 17.1% increase since 2015.

In the past 10 years, Mannatech's cash and equivalents has ranged from $6.19 million in 2025 to $37.68 million in 2017, and is currently $6.19 million as of their latest financial filing in 2025.

Over the last 10 years, Mannatech's book value per share changed from 14.38 in 2015 to -2.75 in 2025, a change of -119.1%.


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Financial statements for NASDAQ:MTEX last updated on 7/27/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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