MTRN · Materion Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $549.82M | - | $444.81M | $431.66M | $420.33M | - | $436.71M | $425.87M | $385.29M | - |
| Cost of Revenue | $467.99M | - | $358.69M | $349.00M | $344.15M | - | $355.78M | $345.01M | $314.07M | - |
| Gross Profit | $81.83M | - | $86.12M | $82.66M | $76.18M | - | $80.94M | $80.86M | $71.21M | - |
| R&D | $6.16M | - | $6.55M | $6.41M | $6.50M | - | $7.87M | $7.70M | $7.14M | - |
| SG&A | $36.20M | - | $38.26M | $35.04M | $35.45M | - | $35.01M | $33.60M | $35.84M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $18.43M | - | $17.50M | $17.51M | $16.54M | - | $18.59M | $16.51M | $16.18M | - |
| Operating Income | $28.18M | - | $34.94M | $36.82M | $27.20M | - | $31.26M | $32.06M | $22.25M | - |
| Interest Expense | $7.58M | - | $7.54M | $8.23M | $8.28M | - | $7.68M | $7.64M | - | - |
| Income Tax | $1.53M | - | $2.70M | $4.02M | $3.25M | - | $768.0K | $4.86M | $1.20M | - |
| Net Income | $19.37M | - | $25.41M | $25.14M | $17.70M | - | $22.29M | $19.04M | $13.41M | - |
| EPS - Basic | $0.93 | - | $1.23 | $1.21 | $0.85 | - | $1.07 | $0.92 | $0.65 | - |
| EPS - Diluted | $0.92 | - | $1.22 | $1.21 | $0.85 | - | $1.07 | $0.91 | $0.64 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $16.19M | $13.68M | $16.41M | $12.59M | $15.63M | $16.71M | $17.87M | $17.10M | $13.10M | $13.29M |
| Accounts Receivable | $267.21M | $222.92M | $195.29M | $198.38M | $219.32M | $193.79M | $214.58M | $185.24M | $188.28M | $192.75M |
| Inventory | $493.69M | $461.23M | $467.33M | $444.64M | $439.76M | $441.30M | $476.60M | $462.96M | $466.57M | $441.60M |
| Accounts Payable | $189.04M | $148.64M | $139.79M | $132.34M | $136.86M | $105.90M | $130.31M | $117.27M | $134.54M | $125.66M |
| Current Assets | $875.75M | $789.52M | $776.33M | $735.11M | $759.04M | $724.22M | $795.36M | $739.12M | $739.71M | $709.38M |
| Total Assets | $1.88B | $1.80B | $1.79B | $1.74B | $1.75B | $1.70B | $1.86B | $1.80B | $1.81B | $1.76B |
| Current Liabilities | $288.49M | $253.58M | $235.64M | $231.90M | $267.05M | $226.73M | $252.83M | $227.48M | $254.62M | $255.00M |
| Long-term Debt | $466.87M | $436.35M | $446.77M | $405.70M | $398.74M | $407.73M | $457.76M | $445.99M | $428.71M | $387.58M |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $956.96M | $943.28M | $934.58M | $910.64M | $887.93M | $868.88M | $931.89M | $907.09M | $889.92M | $885.05M |
| Retained Earnings | $928.80M | $912.36M | $908.69M | $886.25M | $864.00M | $849.11M | $900.76M | $881.28M | $865.04M | $854.33M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($4.31M) | - | - | - | $15.50M | - | - | - | ($13.80M) | - |
| Investing Cash Flow | ($15.35M) | - | - | - | ($20.74M) | - | - | - | ($26.30M) | - |
| Financing Cash Flow | $22.38M | - | - | - | $3.48M | - | - | - | $40.30M | - |
| CapEx | $15.29M | - | - | - | $12.32M | - | - | - | $21.31M | - |
| Free Cash Flow | ($19.60M) | - | - | - | $3.18M | - | - | - | ($35.12M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 14.9% | - | 19.4% | 19.1% | 18.1% | - | 18.5% | 19.0% | 18.5% | - |
| Operating margin | 5.1% | - | 7.9% | 8.5% | 6.5% | - | 7.2% | 7.5% | 5.8% | - |
| EBITDA margin | 8.5% | - | 11.8% | 12.6% | 10.4% | - | 11.4% | 11.4% | 10.0% | - |
| Net margin | 3.5% | - | 5.7% | 5.8% | 4.2% | - | 5.1% | 4.5% | 3.5% | - |
| Free cash flow margin | -3.6% | - | - | - | 0.8% | - | - | - | -9.1% | - |
| FCF / Net income | -1.01 | - | - | - | 0.18 | - | - | - | -2.62 | - |
| R&D / Revenue | 1.1% | - | 1.5% | 1.5% | 1.5% | - | 1.8% | 1.8% | 1.9% | - |
| SG&A / Revenue | 6.6% | - | 8.6% | 8.1% | 8.4% | - | 8.0% | 7.9% | 9.3% | - |
| Effective tax rate | 7.3% | - | 9.6% | 13.8% | 15.5% | - | 3.3% | 20.4% | 8.2% | - |
| Return on assets | 1.0% | - | 1.4% | 1.4% | 1.0% | - | 1.2% | 1.1% | 0.7% | - |
| Return on equity | 2.0% | - | 2.7% | 2.8% | 2.0% | - | 2.4% | 2.1% | 1.5% | - |
| Return on invested capital | 1.8% | - | 2.3% | 2.4% | 1.8% | - | 2.2% | 1.9% | 1.5% | - |
| Liquidity | ||||||||||
| Current ratio | 3.04 | 3.11 | 3.29 | 3.17 | 2.84 | 3.19 | 3.15 | 3.25 | 2.91 | 2.78 |
| Quick ratio | 1.32 | 1.29 | 1.31 | 1.25 | 1.20 | 1.25 | 1.26 | 1.21 | 1.07 | 1.05 |
| Cash ratio | 0.06 | 0.05 | 0.07 | 0.05 | 0.06 | 0.07 | 0.07 | 0.08 | 0.05 | 0.05 |
| Leverage | ||||||||||
| Debt / Equity | 0.49 | 0.46 | 0.48 | 0.45 | 0.45 | 0.47 | 0.49 | 0.49 | 0.48 | 0.44 |
| Debt / Assets | 0.25 | 0.24 | 0.25 | 0.23 | 0.23 | 0.24 | 0.25 | 0.25 | 0.24 | 0.22 |
| Debt / EBITDA | 10.02 | - | 8.52 | 7.47 | 9.12 | - | 9.18 | 9.18 | 11.15 | - |
| Interest coverage | 3.7x | - | 4.6x | 4.5x | 3.3x | - | 4.1x | 4.2x | - | - |
| Equity multiplier | 1.96 | 1.91 | 1.92 | 1.91 | 1.97 | 1.95 | 1.99 | 1.99 | 2.03 | 1.99 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.29 | - | 0.25 | 0.25 | 0.24 | - | 0.24 | 0.24 | 0.21 | - |
| Inventory turnover | 0.95 | - | 0.77 | 0.78 | 0.78 | - | 0.75 | 0.75 | 0.67 | - |
| Days sales outstanding | 177d | - | 160d | 168d | 190d | - | 179d | 159d | 178d | - |
| Days inventory outstanding | 385d | - | 476d | 465d | 466d | - | 489d | 490d | 542d | - |
| Days payable outstanding | 147d | - | 142d | 138d | 145d | - | 134d | 124d | 156d | - |
| Cash conversion cycle | 415d | - | 494d | 494d | 512d | - | 535d | 524d | 564d | - |
| Valuation | ||||||||||
| P / E | 162.1x | - | 97.9x | 66.7x | 98.1x | - | 105.1x | 118.8x | 205.9x | - |
| P / B | 3.3x | - | 2.7x | 1.8x | 2.0x | - | 2.5x | 2.5x | 3.1x | - |
| P / S | 5.7x | - | 5.6x | 3.9x | 4.1x | - | 5.4x | 5.3x | 7.2x | - |
| EV / EBITDA | 76.9x | - | 55.8x | 38.2x | 48.6x | - | 56.0x | 55.4x | 82.7x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 30.8% | - | 1.9% | 1.4% | 9.1% | - | 8.3% | 6.9% | -12.9% | - |
| Revenue CAGR (3y) | 7.5% | - | 1.3% | -1.0% | -2.2% | - | 4.0% | 4.7% | 2.8% | - |
| Revenue CAGR (5y) | 9.2% | - | 9.1% | 9.7% | 8.6% | - | 7.4% | 7.4% | 5.0% | - |
| Gross profit growth (YoY) | 7.4% | - | 6.4% | 2.2% | 7.0% | - | -9.0% | -9.2% | -22.0% | - |
| Operating income growth (YoY) | 3.6% | - | 11.8% | 14.8% | 22.2% | - | -14.4% | -9.3% | -39.8% | - |
| Net income growth (YoY) | 9.5% | - | 14.0% | 32.1% | 32.0% | - | -16.1% | -21.0% | -47.6% | - |
| EPS growth (YoY) | 8.2% | - | 14.0% | 33.0% | 32.8% | - | -15.7% | -20.9% | -48.0% | - |
| EPS CAGR (3y) | -9.2% | - | 8.3% | 2.6% | 7.7% | - | 6.7% | 1.5% | -7.6% | - |
| EPS CAGR (5y) | 2.6% | - | 30.7% | 30.5% | - | - | 44.5% | 3.9% | -4.8% | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 7.8% | 8.6% | 0.3% | 0.4% | -0.2% | -1.8% | 6.9% | 7.1% | 8.3% | 10.6% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$1.80B totalElectronic Materials$1.01B · 56.3%
Performance Materials$675.87M · 37.6%
Precision Optics$100.71M · 5.6%
Advanced Material Technologies$8.70M · 0.5%
Product / service
$675.87M totalAerospaceand Defense$174.78M · 25.9%
Consumer Electronics$150.28M · 22.2%
Industrial Components$127.72M · 18.9%
Other End Market$79.83M · 11.8%
Automotive Electronics$66.74M · 9.9%
Energy$56.15M · 8.3%
Semiconductor$10.96M · 1.6%
Life Sciences$9.40M · 1.4%
Geographic
$1.79B totalUS$579.16M · 32.4%
Asia$576.52M · 32.3%
Europe$570.58M · 31.9%
All Other Countries$60.28M · 3.4%
Peer comparison
Same SIC group: Metal Forgings & Stampings
Comparing MATERION Corp against the 3 most active filers in the same SIC group.
Dividends
$0.57/share trailing 12 months · +3.7% YoY
| Ex-date | Per share |
|---|---|
| May 28, 2026 | $0.1450 |
| Feb 19, 2026 | $0.1400 |
| Nov 13, 2025 | $0.1400 |
| Aug 22, 2025 | $0.1400 |
| May 29, 2025 | $0.1400 |
| Feb 20, 2025 | $0.1350 |
| Nov 14, 2024 | $0.1350 |
| Aug 23, 2024 | $0.1350 |
| May 22, 2024 | $0.1350 |
| Feb 21, 2024 | $0.1300 |
| Nov 15, 2023 | $0.1300 |
| Aug 24, 2023 | $0.1300 |
| May 30, 2023 | $0.1300 |
| Feb 22, 2023 | $0.1250 |
| Nov 15, 2022 | $0.1250 |
| Aug 23, 2022 | $0.1250 |
| May 26, 2022 | $0.1250 |
| Feb 23, 2022 | $0.1200 |
| Nov 10, 2021 | $0.1200 |
| Aug 19, 2021 | $0.1200 |
| May 26, 2021 | $0.1200 |
| Feb 16, 2021 | $0.1150 |
| Nov 4, 2020 | $0.1150 |
| Aug 17, 2020 | $0.1150 |