CoverageForm 410-K10-Q8-K13D13G13F

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.

Price · MTRN

Income Statement

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 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 itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 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 itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 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

MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Profitability
Gross margin17.3%19.3%21.0%19.6%18.8%16.4%
Operating margin6.1%2.8%8.2%6.8%5.1%0.7%
EBITDA margin10.0%6.9%11.9%9.9%8.0%4.3%
Net margin4.2%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-3.260.350.45-0.172.18
R&D / Revenue1.5%1.7%1.7%1.6%1.8%1.7%
SG&A / Revenue8.0%8.6%9.5%9.6%10.8%11.4%
Effective tax rate8.2%60.5%11.2%16.6%6.3%-86.9%
Return on assets4.2%0.3%5.4%5.1%4.5%1.5%
Return on equity7.9%0.7%10.8%10.7%10.1%2.4%
Return on invested capital7.3%1.8%9.5%8.2%6.3%1.2%
Liquidity
Current ratio3.113.192.782.893.073.66
Quick ratio1.291.251.051.121.301.68
Cash ratio0.050.070.050.050.070.20
Leverage
Debt / Equity0.460.470.440.510.600.06
Debt / Assets0.240.240.220.240.270.03
Debt / EBITDA2.443.521.962.373.580.72
Interest coverage3.6x1.4x----
Equity multiplier1.911.951.992.122.231.61
Liabilities / Assets------
Efficiency
Asset turnover0.990.990.941.040.941.11
Inventory turnover3.203.082.983.343.403.92
Days sales outstanding46d42d42d45d54d52d
Days inventory outstanding114d119d122d109d107d93d
Days payable outstanding37d28d35d28d26d21d
Cash conversion cycle123d132d130d126d136d124d
Valuation
P / E34.7x353.1x28.4x21.1x26.3x85.0x
P / B2.8x2.4x3.1x2.3x2.6x2.0x
P / S1.5x1.2x1.6x1.0x1.3x1.1x
EV / EBITDA16.9x21.2x15.6x12.8x19.2x26.2x
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 total
Electronic 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 total
Aerospaceand 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 total
US$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

CompanyRevenue (last FY)Net marginROE
PKOH$1.60B1.5%6.2%
TRS$645.72M18.6%17.0%
MEC$546.49M-1.5%-3.4%

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-datePer 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