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Materion Corporation MTRN R2K

Basic Materials · Other Industrial Metals & Mining · United States
https://materion.com

Materion Corporation, together with its subsidiaries, produces advanced engineered materials in the United States, Asia, Europe, and internationally. The company operates in four segments: Performance Materials, Electronic Materials, Precision Optics, and Other. It provides beryllium and non-beryllium containing alloy systems and custom engineered metal solutions in strip, bulk, rod, plate, bar, tube, and other customized shapes; engineering and product development services; alloyed metals, beryllium products, and beryllium hydroxide; precision strip, rod, wire, and engineered strip metal products; ToughMet alloys; and SupremEX aluminum silicon carbide metal matrix composite formulation products. The company also operates the bertrandite ore mine and refinery that provides feedstock hydroxide for its beryllium businesses and external sale. In addition, it produces advanced chemicals, microelectronics packaging, precious and non-precious metal, and specialty metal products, including vapor deposition targets, frame lid assemblies, clad and precious metal pre-forms, and high temperature braze materials. Further, the company designs and manufactures precision thin film coatings, optical filters, and assemblies. In addition, it offers inorganic chemicals and powders, specialty coatings, specialty engineered beryllium and copper-based alloys, beryllium composites, ceramics, and engineered clad and plated metal systems. The company sells its products to semiconductor, industrial, aerospace and defense, automotive, energy, consumer electronics, and life sciences through its facilities and service centers, independent distributors and agents, outside distributors, direct sales offices, and independent sales representatives. The company was formerly known as Brush Engineered Materials Inc. and changed its name to Materion Corporation in March 2011. Materion Corporation was founded in 1921 and is based in Mayfield Heights, Ohio.

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$220.04
+185.32% 1Y

Market & Price

Market Cap
$4.58B
Current Price
$220.04
High / Low (52W)
$222.78 / $74.98
Beta
1.03

Valuation

Stock P/E
60.28
Industry PE
24.80
Forward P/E
29.58
PEG Ratio
1.28
Book Value
$45.49
Price to Book
4.84
P/S
2.39
EV/EBITDA
27.22
Dividend Yield
0.26%

Profitability & Returns

ROCE
7.24%
ROE
8.29%
ROA
4.04%
Profit Margin
3.99%
Op Margin
5.72%
EPS (Latest Qtr)
$0.92
EPS (TTM)
$3.65

Balance Sheet & Liquidity

Debt/Equity
0.59
Quick Ratio
0.99
Current Ratio
3.04
Debt
$562.53M
Total Assets
$1.80B
Current Assets
$789.52M
Working Capital
$535.94M

Ownership

Promoter Holding
1.84%
Chg in Prom Hold
-
FII / Inst Holding
97.22%
Chg in FII Hold
-0.00%

Financial Snapshot

Enterprise Value
$5.12B
Total Revenue (TTM)
$1.92B
EBITDA
$188.21M
Free Cash Flow
$-2.36M
Operating Cash Flow
$83.43M
Shares Outstanding
20.80M
Gross Margin
16.40%
Payout Ratio
15.34%

Growth (CAGR)

Revenue 5Y
0.56%
Profit 5Y
-4.53%
Revenue (YoY)
30.80%
Earnings (YoY)
8.20%

PROS

  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Trading at a high P/E of 60.3.
  • Earnings shrank at -4.5% CAGR over 5 years.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Basic Materials).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 MTRN Materion Corporation R2K 220.04 60.28 $4.58B 0.26% 7.24% 8.29% 0.56% -4.53%
2 LIN Linde plc NDXSPX 497.69 33.00 $230.11B 1.29% 13.07% 18.23% 0.62% 18.48%
3 NEM Newmont Corporation SPX 109.81 14.24 $117.23B 0.95% 22.51% 25.83% 23.91% 583.84%
4 FCX Freeport-McMoRan Inc. SPX 65.71 34.77 $94.46B 0.91% 12.93% 15.63% 4.39% -14.02%
5 SHW The Sherwin-Williams Company SPX 303.84 29.16 $74.94B 1.05% 20.04% 60.72% 2.10% 8.34%
6 CRH CRH plc SPX 108.79 20.18 $72.69B 1.43% 11.33% 15.81% 4.60% -1.15%
7 ECL Ecolab Inc. SPX 256.00 34.59 $72.05B 1.14% 14.89% 22.43% 4.26% 23.88%
8 APD Air Products and Chemicals, Inc. SPX 278.62 29.33 $62.04B 2.60% -0.62% 12.35% -1.77% -39.16%
9 NUE Nucor Corporation SPX 250.00 24.80 $56.94B 0.90% 8.80% 12.29% -7.84% -38.80%
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Quarterly Results

Figures in USD.

Metric Oct 2015Dec 2015Apr 2016Jul 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Apr 2021Jul 2021Oct 2021Apr 2022Jul 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Apr 2026
Revenue ------240.67M295.84M294.27M308.67M303.47M309.08M297.19M298.07M301.44M297.84M305.98M280.16M277.95M271.47M287.17M339.69M354.39M371.00M388.03M449.05M445.30M428.19M442.53M398.55M403.07M385.29M425.87M436.71M420.33M431.66M444.81M489.75M549.82M549.82M
Cost of Revenue ----------------------------------344.15M349.00M358.69M426.09M467.99M-
Gross Profit 44.00M43.09M43.36M45.31M50.76M44.05M43.16M54.90M55.79M58.98M58.28M61.84M64.94M66.05M69.61M72.00M66.61M54.48M44.57M46.95M45.31M55.80M66.80M69.58M74.31M75.29M87.43M82.74M91.34M89.06M88.94M71.21M80.86M80.94M76.18M82.66M86.12M63.67M81.83M81.83M
Operating Expenses ----------------------------------44.84M44.26M47.50M58.77M44.96M-
Operating Income 10.86M-7.53M5.78M10.15M-3.69M10.10M11.96M-13.25M15.19M18.67M-21.68M25.15M7.66M16.05M-5.57M7.57M-616.00K6.83M19.72M20.72M21.16M19.61M31.86M29.10M36.94M35.34M36.52M22.25M32.06M31.26M31.34M38.40M38.62M4.89M36.87M28.18M
EBITDA ----------------------------------44.40M54.90M53.16M28.86M46.91M-
Interest Expense ----------------------------------6.92M8.23M7.54M8.00M7.58M-
Pretax Income ----------------------------------20.94M29.16M28.11M3.33M20.91M-
Tax Provision ----------------------------------3.25M4.02M2.70M-3.24M1.53M-
Net Income 7.39M6.71M5.37M5.55M8.04M6.78M3.05M7.31M9.32M-8.23M10.56M11.14M19.97M-20.83M17.13M17.39M4.52M14.35M-3.88M5.80M5.47M8.07M16.77M17.87M18.16M14.02M23.25M19.95M25.59M24.08M26.56M13.41M19.04M22.29M17.70M25.14M25.41M6.57M19.37M19.37M
Diluted EPS 0.360.330.270.270.400.330.150.360.46-0.410.510.540.97-1.030.830.840.220.69-0.190.280.270.390.810.870.880.681.120.961.231.151.270.640.911.070.851.211.220.310.920.92
R&D Expense 2.50M-3.45M3.17M3.24M-3.13M3.54M3.43M-3.64M3.86M4.25M-3.74M4.06M5.26M-4.18M4.50M5.42M-6.21M6.60M6.35M7.07M7.59M7.43M7.62M7.15M6.32M7.14M7.70M7.87M6.50M6.41M6.55M--6.16M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue -------969.24M1.14B1.21B1.19B1.18B-1.76B1.67B1.68B1.79B
Cost of Revenue -------------1.41B1.32B1.36B1.48B
Gross Profit 91.42M222.65M215.32M198.78M187.98M205.90M190.78M184.53M212.83M251.36M262.69M192.63M-343.88M349.04M325.99M308.63M
Operating Expenses -------------223.23M208.56M192.33M195.37M
Operating Income -19.48M73.63M57.08M36.78M27.61M57.59M45.27M28.88M40.03M61.75M70.55M8.21M-120.65M140.49M133.66M113.25M
EBITDA -------------178.44M200.80M118.34M181.31M
Interest Expense -------------21.91M31.32M34.76M30.69M
Pretax Income -------------103.10M107.83M14.90M81.54M
Tax Provision -------------17.11M12.13M9.01M6.72M
Net Income -12.36M46.43M39.98M24.66M20.21M42.13M32.16M25.74M11.45M21.04M53.39M15.46M-85.99M95.70M5.89M74.82M
Diluted EPS -0.612.251.931.190.972.021.581.270.561.022.590.75-4.144.580.283.58
R&D Expense 6.77M7.11M11.08M12.51M13.43M12.85M12.80M12.80M13.98M15.19M18.27M20.28M26.57M28.98M27.54M29.03M25.94M

Compounded Sales Growth

5 Years:0.56%
1 Year:30.80%

Compounded Profit Growth

5 Years:-4.53%
1 Year:8.20%

Stock Price Performance

1 Year:+185.32%
6 Months:+82.53%
3 Months:+35.03%
1 Month:+27.61%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --735.41M772.10M814.92M777.95M761.92M742.29M741.30M791.08M843.31M898.43M1.06B-1.69B1.76B1.70B1.80B
Current Assets --------------690.45M709.38M724.22M789.52M
Cash & Equivalents 18.55M12.25M16.10M12.26M16.06M22.77M13.15M24.24M31.46M41.84M70.64M125.01M25.88M-13.10M13.29M16.71M13.68M
Inventory --------------423.08M441.60M441.30M461.23M
Receivables --------------215.21M192.75M193.79M222.92M
Total Liabilities --------------891.99M877.67M828.75M859.52M
Current Liabilities --147.36M139.67M149.07M129.02M104.07M96.47M90.38M127.11M139.78M122.44M126.88M-238.96M255.00M226.73M253.58M
Long Term Debt --38.30M40.46M44.88M29.27M23.61M4.28M3.60M2.83M2.07M1.26M36.54M-410.88M387.58M407.73M436.35M
Total Debt --------------504.91M493.73M517.04M532.75M
Total Equity 347.10M339.86M384.36M405.98M416.37M464.43M459.02M482.96M494.09M527.12M586.24M645.74M655.63M-799.99M885.05M868.88M943.28M
Shares Outstanding --------------27.15M27.15M27.15M27.15M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 41.64M31.04M56.81M38.62M75.92M60.28M91.01M68.18M67.80M76.37M99.22M101.06M-115.96M144.41M87.82M103.24M
Investing Cash Flow -70.81M-46.52M-50.03M-43.36M-32.59M-27.47M-52.03M-37.35M-43.36M-33.83M-26.48M-194.71M--79.73M-119.22M-79.61M-98.14M
Financing Cash Flow 23.12M19.82M-10.62M8.50M-36.17M-40.88M-26.88M-23.12M-15.45M-13.61M-18.05M-7.09M--35.56M-24.85M-4.19M-9.82M
Capital Expenditure -44.17M-42.31M-28.19M-34.09M-27.85M-29.31M-29.50M-27.18M-27.52M-27.70M-24.25M-67.27M--77.61M-119.88M-80.81M-79.57M
Free Cash Flow -2.53M-11.27M28.62M4.53M48.07M30.97M61.51M41.00M40.28M48.67M74.97M33.78M-38.35M24.54M7.01M23.68M
Net Change in Cash -------------671.00K342.00K4.03M-4.71M
Share Buybacks -3.53M3.78M119.00K022.28M7.13M3.80M1.09M422.00K199.00K6.77M00007.84M

Ratios (Annual)

Figures in %.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -------19.0%18.7%20.8%22.2%16.4%-19.6%21.0%19.3%17.3%
Operating Margin % -------3.0%3.5%5.1%6.0%0.7%-6.9%8.4%7.9%6.3%
Net Margin % -------2.7%1.0%1.7%4.5%1.3%-4.9%5.7%0.3%4.2%
ROE % -3.6%12.1%9.8%5.9%4.4%9.2%6.7%5.2%2.2%3.6%8.3%2.4%-10.7%10.8%0.7%7.9%
ROCE % -12.5%9.0%5.5%4.3%8.8%7.0%4.4%6.0%8.8%9.1%0.9%-8.3%9.3%9.1%7.3%

Shareholding Pattern

Insiders
1.84%
Institutions
97.22%
Public Float
99.04%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 16.20% 3.37M $741.30M
2 Vanguard Portfolio Management LLC 6.49% 1.35M $297.04M
3 State Street Corporation 6.39% 1.33M $292.26M
4 Vanguard Capital Management LLC 4.46% 927.86K $204.17M
5 Dimensional Fund Advisors LP 4.26% 885.17K $194.77M
6 American Century Companies Inc 4.24% 882.68K $194.23M
7 Capital Research Global Investors 3.80% 789.87K $173.80M
8 Barrow, Hanley Mewhinney & Strauss, LLC 2.55% 529.84K $116.59M
9 Geode Capital Management, LLC 2.42% 503.97K $110.89M
10 Ack Asset Management Llc 2.28% 474.80K $104.47M

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