Is MANNATECH INC financially healthy?

MANNATECH INC scores 2 out of 8 on the Piotroski F-score. Only 8 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Its Altman Z-score puts it in the safe zone. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.

Who are the largest institutional holders of MANNATECH INC?

Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (unchanged), RENAISSANCE TECHNOLOGIES LLC (trimming), MORGAN STANLEY (unchanged). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

MANNATECH INC (MTEX)

Nasdaq · Medicinal Chemicals & Botanical Products

One email a week from me: what it filed, which 13F holders added or cut, where its scores stand. Free.

Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

2 / 8

FAILReturn on assets positiveROA -50.7%
FAILOperating cash flow positiveOCF -3M
FAILReturn on assets improving6.9% → -50.7%
PASSCash flow exceeds earningsOCF -3M vs NI -15M
FAILLong-term debt ratio fallingno debt reported
FAILCurrent ratio improving1.25 → 1.10
FAILNo share dilution2M → 2M shares
FAILGross margin improving77.6% → 74.9%
PASSAsset turnover improving3.27× → 3.60×

Altman Z-score

3.23safe

Bankruptcy-risk screen combining working capital, retained earnings, operating income, market value against liabilities, and asset turnover. Above 2.99 is the safe zone; below 1.81 is distress.

Cash conversion: 19.5%
Share count change: 0.8%

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2020	$151.4M	$6.3M	$5.1M	76.5%	2,264,000
FY2021	$159.8M	$9.8M	$10.1M	78.6%	2,088,000
FY2022	$137.2M	−$4.5M	−$3.7M	75.9%	1,913,000
FY2023	$132.0M	−$2.2M	−$3.1M	78.0%	1,866,000
FY2024	$117.9M	$2.5M	$2.0M	77.6%	1,885,000
FY2025

Ownership flow

3 institutions tracked — 0 added, 1 reduced.

Institutional holders of MANNATECH INC and their share-count change
Manager	Kind	Shares	Change	Value
RENAISSANCE TECHNOLOGIES LLC	Hedge fund	30,078	−800	$156,706

From 13F filings, which cover institutions managing over $100m and are filed up to 45 days after the quarter ends — so this is a considered position, not a live one, and it is not the whole shareholder register.

Identity

CIK: 0001056358
SIC: 2833 · Medicinal Chemicals & Botanical Products
Incorporated: TX
Headquarters: FLOWER MOUND, TX

Ownership

Institutional: 15.1%
Institutions: 19
Insiders: 59.3%

Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.

Other medicinal chemicals & botanical products companies

MANNATECH INC files under SIC 2833 — all 8 medicinal chemicals & botanical products companies compared on assets and F-score.

Trulieve Cannabis Corp.TRLV Cronos Group Inc.CRON Canopy Growth CorpCGC Ascend Wellness Holdings, Inc.AAWH USANA HEALTH SCIENCES INCUSNA Jushi Holdings Inc.JUSH

Questions about MANNATECH INC

Is MANNATECH INC financially healthy?: MANNATECH INC scores 2 out of 8 on the Piotroski F-score. Only 8 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Its Altman Z-score puts it in the safe zone. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.
Who are the largest institutional holders of MANNATECH INC?: Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (unchanged), RENAISSANCE TECHNOLOGIES LLC (trimming), MORGAN STANLEY (unchanged). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

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The structure map above is the Corporate Blueprint, and in the desktop it is interactive — click any entity to re-centre the map on it and walk the ownership chain. It sits alongside the screener, the scorecard and the filings lab on one desk, on your machine.

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Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.