Pricing Log in Create free account
Friday 6 November 2026 Export MTEX’s income statement to Excel — free account

Mannatech, Incorporated

MTEX Consumer Defensive Food Distribution

Mannatech, Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $108.0 million, down 8.34% from fiscal 2024.

Revenue
+3.78%
EPS
+123.4%
Free cash flow
+81.8%
Total debt
−13.1%

Quarter to June 2026, against a year earlier

8.08 0.02 +0.25%
Market cap
$15.6M
P/E
0.0×
Fwd P/E
−7.6×
Dividend yield
—
F-score
2/9
Altman Z
3.24
Beneish M
−4.34
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Bought, $m 0.06
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — 3 — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 59.59%

Capital & Financial Ratios $m

Size
Market Cap 15.55
Revenue ttm 107.36
Net income ttm (7.41)
Free cash flow ttm 2.46
Net debt Q (3.27)
Valuation
P/E 0.00
Forward P/E (7.62) (negative: loss-making)
Price / sales 0.15
Forward P/S Powerpack
Price / FCF 59.58
Price / book 0.00
Financial health
Current ratio Q 1.15
Debt / equity Q (0.60) (negative: negative equity)
Interest coverage Q 8.53
Growth
Revenue growth Q +3.78% (above 0%: growing)
Operating income growth Q +169.16% (above 0%: growing)
EPS, this year —
EPS, next year A —
Revenue, next year A −14.25% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A +17.50% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 0.1×, against a ten-year median of 0.1×; over the ten years it ranged from 0.0× in 2018 to 0.3× in 2021.
P/S against its own 10 years 20.83%
10-year low 10-year high
EV/Sales against its own 10 years 63.57%
10-year low 10-year high
EV/FCF against its own 10 years 95.00%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—
Growth, 2016–23
+6.94%/yr
  1. 0.25 ’16
  2. 0.50 ’17 +100
  3. 1.25 ’18 +150
  4. 0.50 ’19 −60
  5. 0.41 ’20 −18
  6. 0.52 ’21 +27
  7. 0.80 ’22 +54
  8. 0.40 ’23 −50
paid change on the year, %

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 9 12 7 6
Receivables 1 1 1 1
Inventory 15 10 10 10
Other — — — —
28 26 21 19
2023 2024 2025 Q'26
Payables 4 2 2 4
ST’ Debt — — — —
Other — — — —
26 21 19 17

Compound Annual Growth %

10y 5y 3y
Sales (4.99%) (6.53%) (7.66%)
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 0.00% 0.00% 0.00%

EPS $

Mar Jun Sep Dec Year
’26 0.49 0.53 — — —
’25 (0.80) (2.27) 1.01 (5.94) (8.00)
’24 0.63 (0.33) (0.17) 1.20 1.32
’23 0.32 (0.59) 0.01 (0.94) (1.20)
’22 0.06 0.34 0.61 (3.78) (2.35)
’21 1.04 0.99 1.44 1.25 4.71
’20 1.15 0.47 0.76 0.34 2.77
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 25 27 — — —
’25 27 26 29 27 108
’24 29 28 32 29 118
’23 34 33 33 33 132
’22 32 35 36 34 137
’21 38 43 39 39 160
’20 37 38 38 39 151
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 1 (1) — — —
’25 (1) (4) 2 0 (3)
’24 2 (3) 3 0 2
’23 1 (3) 0 (1) (2)
’22 1 1 (1) (3) (3)
’21 3 6 3 0 11
’20 2 0 1 3 6
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 1 (1) — — —
’25 (2) (4) 1 0 (3)
’24 2 (3) 3 0 2
’23 1 (3) 0 (2) (3)
’22 0 1 (1) (3) (4)
’21 3 6 2 0 10
’20 2 0 1 3 5
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 180 177 174 158 151 160 137 132 118 108 107 (5.5%) — — — —
Gross margin, % 79.72 79.81 80.14 80.00 76.55 78.63 75.91 77.95 77.60 74.94 76.07 (4.8) pt
EBT (1) 2 0 6 6 9 0 (1) 4 (3) 5 +13.1%
EBT margin, % (0.53) 1.39 0.28 3.64 3.78 5.57 (0.35) (0.86) 3.17 (2.67) 4.66 (2.1) pt
Net income (1) (2) (4) 3 6 10 (4) (2) 2 (15) (7) +43.6%
Per share, $
Per share, $ Revenue 67.08 65.25 68.30 65.97 67.74 80.28 71.72 70.72 62.53 56.83 55.63 (1.8%)
Earnings (0.22) (0.66) (1.53) 1.38 2.80 4.95 (2.35) (1.20) 1.32 (8.00) (3.91) +49.1%
Cash flow (0.01) 3.81 (0.09) 2.06 2.70 5.41 (1.36) (1.27) 1.20 (1.56) 1.27 +78.2%
Capex (0.85) (0.49) (0.90) (0.51) (0.42) (0.33) (0.56) (0.40) (0.16) 0.00 0.00 n/m
Free cash flow (0.86) 3.32 (0.98) 1.55 2.27 5.09 (1.91) (1.67) 1.04 (1.56) 1.27 +6.8%
Book value 14.47 14.86 9.97 11.41 11.62 12.27 7.41 5.62 4.57 (2.75) (2.58) n/m
Shares, m 3 3 3 2 2 2 2 2 2 2 2 (3.8%)
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 11.66 6.71 7.71 0.00 0.00 10.10 0.00 0.00 3.6
P/S 0.30 0.23 0.28 0.24 0.27 0.48 0.24 0.11 0.21 0.15 0.15 0.3
P/B 1.40 0.99 1.89 1.41 1.60 3.12 2.33 1.44 2.94 0.00 0.00 1.7
EV/Sales 0.14 0.01 0.15 0.08 0.12 0.32 0.13 0.06 0.14 0.11 0.12 0.1
EV/FCF (10.88) 0.10 (10.15) 3.60 3.65 5.06 (5.01) (2.38) 8.63 (2.34) 47.21 (1.0)
Cash, $m
Cash, $m Operating cash flow 0 10 0 5 6 11 (3) (2) 2 (3) 2 +71.6%
Capex (2) (1) (2) (1) (1) (1) (1) (1) 0 — (2) (22.5%)
Free cash flow (2) 9 (2) 4 5 10 (4) (3) 2 (3) 2 +2.8%
Balance, $m
Balance, $m Working capital 21 23 9 12 10 13 5 2 5 2 3 (23.6%)
Net debt (29) (39) (22) (25) (23) (25) (15) (8) (8) (4) (3) (20.8%)
Shareholders’ equity 39 40 25 27 26 24 14 10 9 (5) (5) n/m
Returns, %
Returns, % ROA (0.84) (2.42) (5.61) 5.26 9.76 15.75 (8.26) (4.96) 6.45 (46.07) (24.58) (45.2) pt
ROIC 4.34 132.41 (1.93) 190.64 95.15 0.00 0.00 (21.74) 360.13 0.00 0.00 (4.3) pt
ROE (1.51) (4.52) (11.85) 12.51 23.52 39.07 (23.27) (18.16) 26.08 (897.26) (1,490.14) (895.7) pt
People
People Employees 290 252 248 215 226 247 228 213 189 170 — (5.8%)
Revenue/emp, $m 0.62 0.70 0.70 0.73 0.67 0.65 0.60 0.62 0.62 0.64 — +0.2%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Mannatech, Incorporated vs peers in Food Distribution (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
CHEF The Chefs' Warehouse, Inc. $4.5B 38.9× 41.2× +11.17% (above 0%: growing) +49.06% (above 0%: growing) +282.45% (above 0%: growing) 25.04% 4.53% Compare
UNFI United Natural Foods, Inc. $2.8B 33.2× 16.2× −0.70% (below 0%: shrinking) n/m +11.82% (above 0%: growing) 13.74% 0.90% Compare
ANDE The Andersons, Inc. $1.9B 9.4× 11.7× +5.83% (above 0%: growing) +119.29% (above 0%: growing) −210.01% (below 0%: shrinking) 6.42% 1.16% Compare
AVO Mission Produce, Inc. $1.0B 289× 84.1× +25.80% (above 0%: growing) n/m −161.50% (below 0%: shrinking) 9.93% 0.11% Compare
WILCF G. Willi-Food International, Ltd. $397.9M 12.5× 17.7× +13.27% (above 0%: growing) −26.56% (below 0%: shrinking) +253.73% (above 0%: growing) 33.33% 15.77% Compare
HFFG HF FOODS GROUP INC. $77.6M — (loss-making) 13.2× +2.84% (above 0%: growing) +150.00% (above 0%: growing) −1,361.99% (below 0%: shrinking) 17.00% 0.87% Compare
DIT AMCON Distributing Company $59.4M 31.3× 7.4× +12.94% (above 0%: growing) +102.57% (above 0%: growing) −68.22% (below 0%: shrinking) 5.96% 0.75% Compare
MTEX Mannatech, Incorporated $15.6M — (loss-making) — (loss-making) +3.78% (above 0%: growing) n/m +81.79% (above 0%: growing) 76.87% 3.74%
TWG Top Wealth Group Holding Limited $3.1M — — — — +64.28% (above 0%: growing) — — Compare
Median of peers $703.9M 32.3× 16.2× +11.17% +102.57% −28.20% 13.74% 0.90%

All 12 Food Distribution stocks →

Pay and ownership Proxy statement filed 21 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 368.83k 368.83k 61.00
2024 641.07k 641.07k 166.00
2023 490.99k 490.99k 47.00

Ownership

Directors and executive officers, together 47.50%
J. Stanley Fredrick 19.40%
Tyler Rameson 16.50%
Dayton Judd and affiliates 7.30%
Terry Lacore 5.20%
Robert Toth 5.10%
Marlin Ray Robbins 5.00%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Mannatech, Incorporated (MTEX) Latest News

12 Aug

Impact 4 · · Business Wire
Impact 3 ·

14 May

Impact 3 · · GlobeNewswire
Impact 3 · · Business Wire

17 Apr

Impact 4 · · GlobeNewswire

12 Nov

Impact 3 · · GlobeNewswire
Impact 3 · · Business Wire

26 Jun

Impact 3 · · Business Wire

5 Jun

Impact 3 ·

13 May

Impact 4 ·
Impact 4 · · Simply Wall St.

26 Mar

Impact 3 · · Business Wire

13 Aug

Impact 3 · · Business Wire

1 Jul

Impact 3 · · Business Wire

24 Apr

Impact 4 · · Business Wire

28 Mar

Impact 3 · · Business Wire

13 Mar

Impact 4 · · Business Wire

7 Nov

Impact 3 · · GuruFocus.com
Impact 3 · · Business Wire

14 Aug

Impact 3 · · Business Wire

14 Jul

Impact 3 · · Simply Wall St.

9 Jun

Impact 3 · · Simply Wall St.

28 May

Impact 3 · · Simply Wall St.

23 May

Impact 4 · · Business Wire
stockrow.com/MTEX · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com