Saturday 17 October 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. In the quarter to June 2026, revenue grew 3.78%, EPS grew 123.4%, free cash flow grew 81.8% and total debt fell 13.1%, each against the same quarter a year earlier. Dividend growth for three consecutive years; insiders bought in the last twelve months.

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Market cap: $13.8M
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 Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.06

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	3	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 59.59%

Capital & Financial Ratios $m

Market Cap 13.76

Revenue 107.36

Net Income (7.41)

Free Cash Flow 2.46

Net Debt (3.27)

Current Ratio 1.15

Debt/Equity (0.60)

P/E ratio 0.00

Fwd P/E (7.62)

P/S ratio 0.13

P/B ratio 0.00

Past 5Y EPS Growth —

This Y EPS Growth —

Next Y EPS Growth —

Next Y revenue growth (14.25%)

Next 5Y EPS Growth 17.50%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 14.74%

10-year low 10-year high

EV/Sales against its own 10 years 50.41%

10-year low 10-year high

EV/FCF against its own 10 years 94.27%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2023	0.40	0.20 0.20
2022	0.80	0.20 0.20 0.20 0.20
2021	0.52	0.16 0.16 0.20 0.20
2020	0.41	0.13 0.13 0.16 0.16
2019	0.50	0.13 0.13 0.13 0.13
2018	1.25	0.13 0.13 0.50 0.50
2017	0.50	0.13 0.13 0.13 0.13
2016	0.25	0.13 0.13

special payouts not included in total or ratios

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%

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.

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.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	15.99	12.51	13.50	14.00	6.49	13.65	15.49	7.50	6.75	6.90	Analyst estimates 2026–2028 Powerpack
	High	24.49	20.75	22.40	19.90	20.32	49.08	39.65	21.23	15.25	16.49
People
People	Employees	290	252	248	215	226	247	228	213	189	170
	Revenue/emp, $m	0.62	0.70	0.70	0.73	0.67	0.65	0.60	0.62	0.62	0.64
Income, $m
Income, $m	Revenue	180	177	174	158	151	160	137	132	118	108
	Gross margin, %	79.72	79.81	80.14	80.00	76.55	78.63	75.91	77.95	77.60	74.94
	EBT	(1)	2	0	6	6	9	0	(1)	4	(3)
	EBT margin, %	(0.53)	1.39	0.28	3.64	3.78	5.57	(0.35)	(0.86)	3.17	(2.67)
	Net income	(1)	(2)	(4)	3	6	10	(4)	(2)	2	(15)
	Depreciation	2	2	2	2	2	2	2	2	2	1
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
	Earnings	(0.22)	(0.66)	(1.53)	1.38	2.80	4.95	(2.35)	(1.20)	1.32	(8.00)
	Cash flow	(0.01)	3.81	(0.09)	2.06	2.70	5.41	(1.36)	(1.27)	1.20	(1.56)
	Capex	(0.85)	(0.49)	(0.90)	(0.51)	(0.42)	(0.33)	(0.56)	(0.40)	(0.16)	0.00
	Free cash flow	(0.86)	3.32	(0.98)	1.55	2.27	5.09	(1.91)	(1.67)	1.04	(1.56)
	Book value	14.47	14.86	9.97	11.41	11.62	12.27	7.41	5.62	4.57	(2.75)
	Shares, m	3	3	3	2	2	2	2	2	2	2
Valuation, ×
Valuation, ×	P/E	0.00	0.00	0.00	11.66	6.71	7.71	0.00	0.00	10.10	0.00
	P/S	0.30	0.23	0.28	0.24	0.27	0.48	0.24	0.11	0.21	0.15
	P/B	1.40	0.99	1.89	1.41	1.60	3.12	2.33	1.44	2.94	0.00
	EV/Sales	0.14	0.01	0.15	0.08	0.12	0.32	0.13	0.06	0.14	0.11
	EV/FCF	(10.88)	0.10	(10.15)	3.60	3.65	5.06	(5.01)	(2.38)	8.63	(2.34)
Cash, $m
Cash, $m	Operating cash flow	0	10	0	5	6	11	(3)	(2)	2	(3)
	Capex	(2)	(1)	(2)	(1)	(1)	(1)	(1)	(1)	0	—
	Free cash flow	(2)	9	(2)	4	5	10	(4)	(3)	2	(3)
Balance, $m
Balance, $m	Working capital	21	23	9	12	10	13	5	2	5	2
	Total debt	1	0	1	1	0	0	0	1	4	3
	Net debt	(29)	(39)	(22)	(25)	(23)	(25)	(15)	(8)	(8)	(4)
	Shareholders’ equity	39	40	25	27	26	24	14	10	9	(5)
Returns, %
Returns, %	ROA	(0.84)	(2.42)	(5.61)	5.26	9.76	15.75	(8.26)	(4.96)	6.45	(46.07)
	ROIC	4.34	132.41	(1.93)	190.64	95.15	0.00	0.00	(21.74)	360.13	0.00
	ROE	(1.51)	(4.52)	(11.85)	12.51	23.52	39.07	(23.27)	(18.16)	26.08	(897.26)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

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.	$4.7B	47.1×	38.8×	+12.92% (above 0%: growing)	+58.18% (above 0%: growing)	+987.24% (above 0%: growing)	25.06%	5.02%	Compare
UNFI United Natural Foods, Inc.	$2.9B	34.4×	19.2×	−0.70% (below 0%: shrinking)	n/m	+11.82% (above 0%: growing)	13.74%	0.90%	Compare
ANDE The Andersons, Inc.	$2.2B	12.5×	13.8×	−1.22% (below 0%: shrinking)	+621.74% (above 0%: growing)	+64.62% (above 0%: growing)	7.22%	1.61%	Compare
AVO Mission Produce, Inc.	$1.1B	305×	21.0×	+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	13.2×	17.7×	+13.27% (above 0%: growing)	−21.88% (below 0%: shrinking)	+253.73% (above 0%: growing)	33.33%	15.77%	Compare
HFFG HF FOODS GROUP INC.	$83.5M	— (loss-making)	62.3×	+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	$58.6M	30.9×	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	$13.8M	— (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	$6.6M	—	—	—	—	+64.28% (above 0%: growing)	—	—	Compare
Median of peers	$728.9M	32.6×	19.2×	+12.92%	+102.57%	+38.05%	13.74%	0.90%

All 12 Food Distribution stocks →

Mannatech, Incorporated (MTEX) key facts

Concern: Mannatech, Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $108.0 million, down 8.34% from fiscal 2024.
Concern: Mannatech, Incorporated reported a net loss of $15.2 million, or a loss of $8.00 per share, for fiscal 2025.
Mannatech, Incorporated (MTEX) is a Food Distribution company in the Consumer Defensive sector, listed on Nasdaq.
As of October 16, 2026, MTEX traded at $7.13, a market capitalization of $13.8 million.
Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 0.1× sales.
Return on equity was −897.3% and debt-to-equity -0.60.
Its Piotroski F-score is 2 out of 9 and its Altman Z-score is 3.24 (safe zone) for fiscal 2025.