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MTRNMaterion Corporation
$247.20$5.1B
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MTRN logoMaterion Corporation(MTRN)Earnings, Financials & Key Ratios

MTRN•NYSE
$247.20
69.1× P/E·Price updated Jul 7, 2026
SectorBasic MaterialsIndustryIndustrial MaterialsSub-IndustrySpecialty and Advanced Materials
AboutMaterion Corporation, through with its subsidiaries, produces advanced engineered materials used in semiconductor, industrial, aerospace and defense, automotive, energy, consumer electronics, and telecom and data center in the United States, Asia, Europe, and internationally. It operates through Performance Alloys and Composites, Advanced Materials, and Precision Optics segments. The Performance Alloys and Composites segment offers advanced engineered solutions comprising beryllium and non-beryllium containing alloy systems and custom engineered parts in strip, bulk, rod, plate, bar, tube, and other customized shapes. This segment operates the bertrandite ore mine and refinery located in Utah that provides feedstock hydroxide for its beryllium businesses and external sale. The Advances Materials segment produces advanced chemicals, microelectronics packaging, precious metal, non-precious metal, and specialty metal products, including vapor deposition targets, frame lid assemblies, clad and precious metal pre-forms, high temperature braze materials, and ultra-pure wire. This segment offers its products from its facilities, as well as through direct sales offices and independent sales representatives. The Precision Optics segment designs and produces precision thin film coatings, optical filters, and assemblies. This segment sells its directly from its facilities, as well as through direct sales offices and independent sales representatives throughout the world. The company was formerly known as Brush Engineered Materials Inc. and changed its name to Materion Corporation in 2011. Materion Corporation was incorporated in 1931 and is headquartered in Mayfield Heights, Ohio.Show more
  • Revenue$1.79B+6.0%
  • EBITDA$185M+61.8%
  • Net Income$75M+1170.8%
  • EPS (Diluted)3.58+1178.6%
  • Gross Margin16.66%-13.9%
  • EBITDA Margin10.35%+52.6%
  • Operating Margin6.48%+131.3%
  • Net Margin4.19%+1098.3%
  • ROE8.26%+1130.0%

MTRN Price & Volume

Materion Corporation (MTRN) stock price & volume — 10-year historical chart

Loading chart...

Accelerating Revenue Growth Faces Margin Compression Headwinds

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Accelerating
Profitability:Moderate
Financial:Healthy
Cash Flow:Deteriorating
Primary Risk:Working Capital Liquidity Volatility

Key Thesis Takeaways

  • Materion exhibits a compelling growth inflection with 30.8% revenue expansion in 2026Q1, yet this top-line momentum is currently offset by structural margin pressures and inconsistent cash conversion.
  • While the company maintains a disciplined capital structure with a 0.59 debt-to-equity ratio, investors should monitor the volatility in working capital that led to a $45.7 million outflow in the most recent quarter.
  • Future performance remains tethered to the company's ability to stabilize operating margins, which currently sit at 5.5%, well below the 8.8% peak observed in 2025Q2.

Verdict Logic

while the 30.8% revenue growth is encouraging, the current 80.17 P/E ratio and negative free cash flow margin of 3.6% suggest that the valuation may be pricing in perfection before operational efficiency is fully realized.

MTRN Growth Metrics

Materion Corporation (MTRN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years5.71%
5 Years8.72%
3 Years0.56%
TTM11.42%

Profit CAGR

10 Years8.81%
5 Years37.07%
3 Years-4.53%
TTM651.68%

EPS CAGR

10 Years8.52%
5 Years36.7%
3 Years-4.73%
TTM632%

Return on Capital

10 Years6.57%
5 Years7.01%
3 Years6.69%
Last Year7.67%

MTRN Recent Earnings

Materion Corporation (MTRN) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 9/12 qtrs (75%)●Beat Revenue 8/12 qtrs (67%)
Q2 2026Latest
Apr 29, 2026
Metric
Actual
Est
EPS
$1.27+2.4%
$1.24
Rev
$550M+14.8%
$479M
Q1 2026
Feb 12, 2026
Metric
Actual
Est
EPS
$1.53+1.3%
$1.51
Rev
$490M+9.1%
$449M
Q4 2025
Oct 29, 2025
Metric
Actual
Est
EPS
$1.41+0.0%
$1.41
Rev
$438M-2.3%
$449M
Q3 2025
Jul 30, 2025
Metric
Actual
Est
EPS
$1.37+16.1%
$1.18
Rev
$432M-2.2%
$441M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 29, 2026
$1.27vs $1.24+2.4%
$550Mvs $479M+14.8%
Q1 2026Feb 12, 2026
$1.53vs $1.51+1.3%
$490Mvs $449M+9.1%
Q4 2025Oct 29, 2025
$1.41vs $1.41+0.0%
$438Mvs $449M-2.3%
Q3 2025Jul 30, 2025
$1.37vs $1.18+16.1%
$432Mvs $441M-2.2%
Based on last 12 quarters of dataView full earnings history →

Latest MTRN News

Recent stock market news and headlines for Materion Corporation (MTRN)

Business Wire·6 days ago
Materion Corporation to Participate in CJS Securities' 26th Annual Summer Conference on July 9

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) will participate in CJS Securities' 26th Annual Summer Conference on July 9, 2026. Jugal Vijayvargiya, President and Chief Executive Officer and Shelly Chadwick, Vice President, Finance and Chief Financial Officer, will be available for one-on-one meetings with investors throughout the day. About Materion Materion Corporation is a global leader in advanced materials solutions for high-performance industries including sem.

Zacks Investment Research·Jun 19, 2026
Strength Seen in Materion (MTRN): Can Its 4.2% Jump Turn into More Strength?

Materion (MTRN) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

GuruFocus·Jun 18, 2026
Materion Corp (MTRN) Shares Surge 4.2% -- What GF Score of 75 Tells Investors

On June 18, 2026, Materion Corp (MTRN) shares rose 4.2%, continuing a strong rally that has seen the stock increase significantly over the past few weeks. Curre

Peers Comparison

Key metrics vs top competitors for Materion Corporation (MTRN)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
MTRN logoMTRNMaterion CorporationCurrent
$247.20$5.14B69.056.05%4.19%8.26%0.22%
MP logoMPMP Materials Corp.
$50.49$8.99B-100.9835.12%-20.48%-3.49%—
CSTM logoCSTMConstellium SE
$29.82$4.06B15.5315.19%4.75%46.87%—
KALU logoKALUKaiser Aluminum Corporation
$170.83$2.77B25.2311.54%4.14%18.68%—
CRS logoCRSCarpenter Technology Corporation
$590.35$29.33B79.564.25%15.82%24.41%—
ATI logoATIATI Inc.
$183.26$25.09B64.305.16%9.26%22.73%—

Compare MTRN vs Peers

Materion Corporation (MTRN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs MP

Most directly comparable listed peer for MTRN.

Scale Benchmark

vs AMAT

Larger-name benchmark to compare MTRN against a more recognizable public peer.

Peer Set

Compare Top 5

vs MP, CSTM, KALU, CRS

MTRN SEC Filings & Documents

Materion Corporation (MTRN) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 29, 2026·SEC

Material company update

Feb 12, 2026·SEC

Material company update

Jan 23, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 12, 2026·SEC

FY 2025

Feb 19, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

Apr 29, 2026·SEC

FY 2025

Oct 30, 2025·SEC

FY 2025

Jul 30, 2025·SEC

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MTRN Frequently Asked Questions

Materion Corporation (MTRN) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Materion Corporation's revenue?

Materion Corporation (MTRN) reported $1.92B in revenue for fiscal year 2025. This represents a 409% increase from $376.3M in 1996.

How fast is Materion Corporation growing?

Materion Corporation (MTRN) grew revenue by 6.0% over the past year. This is steady growth.

Is MTRN profitable?

Yes, Materion Corporation (MTRN) is profitable, generating $76.5M in net income for fiscal year 2025 (4.2% net margin).

Dividend & Returns
Does MTRN pay dividends?

Yes, Materion Corporation (MTRN) pays a dividend with a yield of 0.22%. This makes it attractive for income-focused investors.

What is MTRN's return on equity?

Materion Corporation (MTRN) has a return on equity (ROE) of 8.3%. This is below average, suggesting room for improvement.

What is Materion Corporation's free cash flow?

Materion Corporation (MTRN) generated $6.7M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in MTRN back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →