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 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $1.79B | $1.68B | $1.67B | $1.76B | $1.51B | $1.18B |
| Cost of Revenue | $1.48B | $1.36B | $1.32B | $1.41B | $1.23B | $983.64M |
| Gross Profit | $308.63M | $325.99M | $349.04M | $343.88M | $283.76M | $192.63M |
| R&D | $25.94M | $29.03M | $27.54M | $28.98M | $26.57M | $20.28M |
| SG&A | $143.06M | $145.59M | $157.91M | $169.34M | $163.78M | $133.96M |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $69.07M | $68.68M | $61.64M | $53.44M | $44.14M | $42.38M |
| Operating Income | $109.80M | $47.22M | $136.44M | $119.75M | $77.11M | $8.21M |
| Interest Expense | $30.69M | $34.76M | - | - | - | - |
| Income Tax | $6.72M | $9.01M | $12.13M | $17.11M | $4.85M | ($7.19M) |
| Net Income | $74.82M | $5.89M | $95.70M | $85.99M | $72.47M | $15.46M |
| EPS - Basic | $3.61 | $0.28 | $4.64 | $4.19 | $3.55 | $0.76 |
| EPS - Diluted | $3.58 | $0.28 | $4.58 | $4.14 | $3.50 | $0.75 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $13.68M | $16.71M | $13.29M | $13.10M | $14.46M | $25.88M |
| Accounts Receivable | $222.92M | $193.79M | $192.75M | $215.21M | $223.55M | $166.45M |
| Inventory | $461.23M | $441.30M | $441.60M | $423.08M | $361.12M | $250.78M |
| Accounts Payable | $148.64M | $105.90M | $125.66M | $107.90M | $86.24M | $55.64M |
| Current Assets | $789.52M | $724.22M | $709.38M | $690.45M | $627.25M | $464.00M |
| Total Assets | $1.80B | $1.70B | $1.76B | $1.69B | $1.61B | $1.06B |
| Current Liabilities | $253.58M | $226.73M | $255.00M | $238.96M | $204.51M | $126.88M |
| Long-term Debt | $436.35M | $407.73M | $387.58M | $410.88M | $434.39M | $36.54M |
| Total Liabilities | - | - | - | - | - | - |
| Stockholders' Equity | $943.28M | $868.88M | $885.05M | $799.99M | $720.44M | $655.63M |
| Retained Earnings | $912.36M | $849.11M | $854.33M | $769.42M | $693.76M | $631.06M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $103.24M | $87.82M | $144.41M | $115.96M | $90.24M | $101.06M |
| Investing Cash Flow | ($98.14M) | ($79.61M) | ($119.22M) | ($79.73M) | ($494.27M) | ($194.71M) |
| Financing Cash Flow | ($9.82M) | ($4.19M) | ($24.85M) | ($35.56M) | $393.01M | ($7.09M) |
| CapEx | - | $68.65M | $110.55M | $77.61M | $102.91M | $67.27M |
| Free Cash Flow | - | $19.17M | $33.86M | $38.35M | ($12.67M) | $33.78M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 17.3% | 19.3% | 21.0% | 19.6% | 18.8% | 16.4% |
| Operating margin | 6.1% | 2.8% | 8.2% | 6.8% | 5.1% | 0.7% |
| EBITDA margin | 10.0% | 6.9% | 11.9% | 9.9% | 8.0% | 4.3% |
| Net margin | 4.2% | 0.3% | 5.7% | 4.9% | 4.8% | 1.3% |
| Free cash flow margin | - | 1.1% | 2.0% | 2.2% | -0.8% | 2.9% |
| FCF / Net income | - | 3.26 | 0.35 | 0.45 | -0.17 | 2.18 |
| R&D / Revenue | 1.5% | 1.7% | 1.7% | 1.6% | 1.8% | 1.7% |
| SG&A / Revenue | 8.0% | 8.6% | 9.5% | 9.6% | 10.8% | 11.4% |
| Effective tax rate | 8.2% | 60.5% | 11.2% | 16.6% | 6.3% | -86.9% |
| Return on assets | 4.2% | 0.3% | 5.4% | 5.1% | 4.5% | 1.5% |
| Return on equity | 7.9% | 0.7% | 10.8% | 10.7% | 10.1% | 2.4% |
| Return on invested capital | 7.3% | 1.8% | 9.5% | 8.2% | 6.3% | 1.2% |
| Liquidity | ||||||
| Current ratio | 3.11 | 3.19 | 2.78 | 2.89 | 3.07 | 3.66 |
| Quick ratio | 1.29 | 1.25 | 1.05 | 1.12 | 1.30 | 1.68 |
| Cash ratio | 0.05 | 0.07 | 0.05 | 0.05 | 0.07 | 0.20 |
| Leverage | ||||||
| Debt / Equity | 0.46 | 0.47 | 0.44 | 0.51 | 0.60 | 0.06 |
| Debt / Assets | 0.24 | 0.24 | 0.22 | 0.24 | 0.27 | 0.03 |
| Debt / EBITDA | 2.44 | 3.52 | 1.96 | 2.37 | 3.58 | 0.72 |
| Interest coverage | 3.6x | 1.4x | - | - | - | - |
| Equity multiplier | 1.91 | 1.95 | 1.99 | 2.12 | 2.23 | 1.61 |
| Liabilities / Assets | - | - | - | - | - | - |
| Efficiency | ||||||
| Asset turnover | 0.99 | 0.99 | 0.94 | 1.04 | 0.94 | 1.11 |
| Inventory turnover | 3.20 | 3.08 | 2.98 | 3.34 | 3.40 | 3.92 |
| Days sales outstanding | 46d | 42d | 42d | 45d | 54d | 52d |
| Days inventory outstanding | 114d | 119d | 122d | 109d | 107d | 93d |
| Days payable outstanding | 37d | 28d | 35d | 28d | 26d | 21d |
| Cash conversion cycle | 123d | 132d | 130d | 126d | 136d | 124d |
| Valuation | ||||||
| P / E | 34.7x | 353.1x | 28.4x | 21.1x | 26.3x | 85.0x |
| P / B | 2.8x | 2.4x | 3.1x | 2.3x | 2.6x | 2.0x |
| P / S | 1.5x | 1.2x | 1.6x | 1.0x | 1.3x | 1.1x |
| EV / EBITDA | 16.9x | 21.2x | 15.6x | 12.8x | 19.2x | 26.2x |
| Growth | ||||||
| Revenue growth (YoY) | 6.0% | 1.2% | -5.2% | 16.3% | 28.4% | -0.8% |
| Revenue CAGR (3y) | 0.6% | 3.7% | 12.3% | 14.0% | 15.9% | - |
| Revenue CAGR (5y) | 8.7% | 7.3% | 11.4% | - | - | - |
| Gross profit growth (YoY) | -5.3% | -6.6% | 1.5% | 21.2% | 47.3% | -25.7% |
| Operating income growth (YoY) | 132.5% | -65.4% | 13.9% | 55.3% | 838.7% | -87.7% |
| Net income growth (YoY) | 1170.8% | -93.8% | 11.3% | 18.6% | 368.7% | -69.5% |
| EPS growth (YoY) | 1178.6% | -93.9% | 10.6% | 18.3% | 366.7% | -69.4% |
| EPS CAGR (3y) | -4.7% | -56.9% | 82.8% | 19.1% | 51.3% | 10.2% |
| EPS CAGR (5y) | 36.7% | -35.2% | 35.3% | 49.2% | 22.5% | -13.8% |
| FCF growth (YoY) | - | -43.4% | -11.7% | - | - | -54.9% |
| FCF CAGR (5y) | - | -23.9% | -7.0% | -1.0% | - | -11.1% |
| Book value growth (YoY) | 8.6% | -1.8% | 10.6% | 11.0% | 9.9% | 7.4% |
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%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- ✗Gross margin improved
- ✗Asset turnover improved
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 |