
Materion Corporation
NYSE•MTRN
CEO: Mr. Jugal K. Vijayvargiya
Sector: Basic Materials
Industry: Industrial Materials
Listing Date: 1980-03-17
Materion Corporation, together 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. The company operates in four segments: Performance Materials, Electronic Materials, Precision Optics, and Other. The company provides 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; engineering and product development services; alloyed metals, beryllium products, and beryllium hydroxide; precision strip, rod, and wire products, as well as engineered strip metal products; and ToughMet alloys and SupremEX aluminum silicon carbide metal matrix composite formulation products. It operates the bertrandite ore mine and refinery located in Utah that provides feedstock hydroxide for its beryllium businesses and external sale. In addition, it 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. Further, the company designs and produces precision thin film coatings, optical filters, and assemblies. The company sells its products directly from its facilities, as well as through company-owned service centers, outside distributors, agents, 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 headquartered in Mayfield Heights, Ohio.
Contact Information
Market Cap
$2.89B
P/E (TTM)
149.3
16.5
Dividend Yield
0.4%
52W High
$141.39
52W Low
$69.10
52W Range
Rank36Top 31.8%
4.5
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.5 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q3 2025 Data
Revenue
$438.43M+0.39%
4-Quarter Trend
EPS
$1.23+14.95%
4-Quarter Trend
FCF
-$5.23M-27.64%
4-Quarter Trend
2025 Q3 Earnings Highlights
Key Highlights
Net Income Soars 25% Net income $68.3M for nine months, showing strong 25% growth compared to prior year period.
Operating Cash Flow Jumps Operating cash flow $83.7M provided $72.2M increase, driven by working capital initiatives and lower inventory.
Value-Added Margin Improves Value-added gross margin increased to 31% from 29% due to favorable mix in Electronic Materials segment.
Net Sales Up 4% Net sales $1.30B for nine months, growing 4% primarily due to higher precious metal pass-through costs.
Risk Factors
Volume Declines Impact Sales Performance Materials sales volume declined 4% in Q3 due to equipment downtime impacting energy and aerospace markets.
Divestiture Reduced Sales Precious metal sales decreased $58.6M over nine months due to impact from Q4 2024 business divestiture.
R&D Spending Reduced R&D expense fell 14% for nine months, driven by timing of new product development and evaluation projects.
Restructuring Charges Incurred Restructuring expense $2.7M recorded in nine months, primarily related to workforce reduction in Precision Optics segment.
Outlook
New Credit Facility Secured New Credit Agreement executed June 2025, providing $214.2M available borrowing capacity through 2030 maturity.
Acquisition Expands Footprint Acquired South Korea tantalum assets for $19.5M to expand global footprint serving semiconductor customers.
Share Repurchase Plan Announced new $50.0M common stock repurchase plan in October 2025, replacing prior authorization.
Liquidity Remains Adequate Cash flow plus borrowing capacity supports operations, capital expenditures, and dividend program for foreseeable future.
Peer Comparison
Revenue (TTM)
BCC$6.51B
AVNT$3.25B
MTRN$1.73B
Gross Margin (Latest Quarter)
100.0%
WDFC56.2%
CGAU34.5%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| CGAU | $3.30B | 9.7 | 19.5% | 0.7% |
| SKE | $3.20B | -36.5 | -109.2% | 9.5% |
| AVNT | $3.14B | 27.8 | 4.9% | 32.6% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
0.1%
Moderate Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
100%
Strong Cash Flow
Research & Insights
Next earnings:Feb 18, 2026
EPS:$1.61
|Revenue:-
Reports
All Years
Form 10-Q - Q3 2025
Period End: Sep 26, 2025|Filed: Oct 30, 2025|Revenue: $438.43M+0.4%|EPS: $1.23+15.0%MissForm 10-Q - Q2 2025
Period End: Jun 27, 2025|Filed: Jul 30, 2025|Revenue: $431.66M+1.4%|EPS: $1.21+31.5%BeatForm 10-Q - Q1 2025
Period End: Mar 28, 2025|Filed: May 1, 2025|Revenue: $420.33M+9.1%|EPS: $0.85+30.8%MissForm 10-K - FY 2024
Period End: Dec 31, 2024|Filed: Feb 19, 2025|Revenue: $1.68B+1.2%|EPS: $0.28-94.0%MissForm 10-Q - Q3 2024
Period End: Sep 27, 2024|Filed: Oct 30, 2024|Revenue: $436.72M+8.3%|EPS: $1.07-17.1%MissForm 10-Q - Q2 2024
Period End: Jun 28, 2024|Filed: Aug 6, 2024|Revenue: $425.67M+6.8%|EPS: $0.92-21.4%MissForm 10-Q - Q1 2024
Period End: Mar 29, 2024|Filed: May 2, 2024|Revenue: $385.29M-12.9%|EPS: $0.65-47.6%MissForm 10-K - FY 2023
Period End: Dec 31, 2023|Filed: Feb 15, 2024|Revenue: $1.67B-5.2%|EPS: $4.64+10.7%Miss