Saturday 17 October 2026 Export MTRN’s income statement to Excel — free account

Materion Corporation

MTRN Basic Materials Other Industrial Metals & Mining

Materion Corporation’s revenue for fiscal 2025 (year ended December 2025) was $1.8 billion, up 6.04% from fiscal 2024. In the quarter to June 2026, revenue grew 42.2%, EPS grew 53.7%, free cash flow grew 61.8% and total debt rose 3.23%, each against the same quarter a year earlier. Dividend growth for ten consecutive years.

244.17 7.99 −3.17%

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Market cap: $5.3B
P/E: 56.3×
Fwd P/E: 37.8×
Dividend yield: 0.23%
F-score: 5/9
Altman Z: 4.06
Beneish M: −2.36
Dividend safety: 72/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 18.55

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	1	—	—	5	3	—	3	—	—	4	1	—

Insider Ownership 1.73%

Capital & Financial Ratios $m

Market Cap 5,250.00

Revenue 2,098.29

Net Income 90.12

Free Cash Flow 50.88

Net Debt 433.37

Current Ratio 2.94

Debt/Equity 0.46

P/E ratio 56.26

Fwd P/E 37.80

P/S ratio 2.42

P/B ratio 5.11

Past 5Y EPS Growth 36.70%

This Y EPS Growth 30.12%

Next Y EPS Growth 20.04%

Next Y revenue growth 33.39%

Next 5Y EPS Growth 24.31%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 78.22%

10-year low 10-year high

P/S against its own 10 years 97.35%

10-year low 10-year high

P/B against its own 10 years 97.57%

10-year low 10-year high

EV/Sales against its own 10 years 97.12%

10-year low 10-year high

EV/FCF against its own 10 years 89.70%

10-year low 10-year high

Dividends

Payout Ratio 0.13

Annual Dividend Rate 0.57

Annual Dividend Yield 0.23%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	0.58	0.14 0.15 0.15
2025	0.56	0.14 0.14 0.14 0.14
2024	0.54	0.13 0.14 0.14 0.14
2023	0.52	0.13 0.13 0.13 0.13
2022	0.62	0.12 0.12 0.13 0.13 0.13
2021	0.48	0.12 0.12 0.12 0.12
2020	0.46	0.11 0.12 0.12 0.12
2019	0.44	0.11 0.11 0.11 0.11
2018	0.42	0.10 0.11 0.11 0.11
2017	0.40	0.10 0.10 0.10 0.10
2016	0.38	0.09 0.10 0.10 0.10

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	13	17	14	20
Receivables	193	194	223	261
Inventory	442	441	461	487
Other	—	—	—	—
	709	724	790	870

	2023	2024	2025	Q'26
Payables	126	106	149	192
ST’ Debt	39	34	22	17
Other	46	48	45	46
	255	227	254	296

Compound Annual Growth %

	10y	5y	3y
Sales	5.71%	8.72%	0.56%
Cash Flow	1.27%	0.43%	(3.80%)
Earnings	8.81%	37.07%	(4.53%)
Book Value	6.92%	7.55%	5.65%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	550	614	—	—	—
’25	420	432	445	490	1,787
’24	385	426	437	437	1,685
’23	443	399	403	421	1,665
’22	449	445	428	435	1,757
’21	354	371	388	397	1,511
’20	278	271	287	340	1,176

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(4)	75	—	—	—
’25	16	50	18	20	103
’24	(14)	20	5	76	88
’23	38	32	14	60	144
’22	(14)	36	13	82	116
’21	15	29	(4)	50	90
’20	9	27	43	22	101

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(20)	60	—	—	—
’25	3	37	5	5	51
’24	(35)	3	(7)	59	20
’23	8	3	(12)	35	35
’22	(33)	17	(3)	58	39
’21	(15)	2	(23)	25	(12)
’20	(6)	10	29	1	34

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.92	1.84	—	—	—
’25	0.85	1.21	1.22	0.31	3.58
’24	0.64	0.91	1.07	(2.33)	0.28
’23	1.23	1.15	1.27	0.93	4.58
’22	0.68	1.12	0.96	1.38	4.14
’21	0.81	0.87	0.88	0.95	3.50
’20	(0.15)	0.32	0.32	0.39	0.75

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	20.62	31.05	42.66	42.50	26.15	61.96	64.89	84.23	96.18	69.10	Analyst estimates 2026–2028 Powerpack
	High	41.23	52.10	65.10	71.97	64.23	95.60	97.89	132.50	145.08	135.33
People
People	Employees	2,550	2,700	2,700	2,600	3,072	3,443	3,723	3,404	3,037	2,880
	Revenue/emp, $m	0.38	0.42	0.45	0.46	0.38	0.44	0.47	0.49	0.55	0.62
Income, $m
Income, $m	Revenue	969	1,139	1,208	1,185	1,176	1,511	1,757	1,665	1,685	1,787
	Gross margin, %	19.04	18.68	20.81	22.16	16.38	18.78	19.57	20.96	19.35	17.27
	EBT	25	36	17	66	8	77	103	108	15	82
	EBT margin, %	2.61	3.19	1.37	5.53	0.70	5.12	5.87	6.48	0.88	4.56
	Net income	26	11	21	53	15	72	86	96	6	75
	Depreciation	50	49	42	42	43	46	55	62	70	71
Per share, $
Per share, $	Revenue	48.50	56.90	59.76	58.21	57.84	73.97	85.67	80.76	81.26	86.08
	Earnings	1.29	0.57	1.03	2.49	0.76	3.55	4.19	4.64	0.28	3.61
	Cash flow	3.41	3.39	3.78	4.87	4.97	4.42	5.65	7.00	4.24	4.97
	Capex	(1.29)	(1.26)	(1.35)	(1.19)	(3.31)	(5.00)	(3.74)	(5.33)	(3.25)	(2.52)
	Free cash flow	2.12	2.12	2.43	3.68	1.66	(0.58)	1.91	1.67	0.98	2.45
	Book value	24.73	24.72	27.40	31.71	32.24	35.28	39.00	42.92	41.91	45.45
	Shares, m	20	20	20	20	20	20	21	21	21	21
Valuation, ×
Valuation, ×	P/E	31.05	86.21	43.68	23.97	70.80	25.97	20.97	27.68	340.97	34.44
	P/S	0.83	0.88	0.75	1.02	1.10	1.24	1.03	1.59	1.22	1.44
	P/B	1.62	2.02	1.64	1.87	1.98	2.61	2.25	2.99	2.36	2.74
	EV/Sales	0.80	0.86	0.71	0.93	1.13	1.54	1.27	1.85	1.48	1.70
	EV/FCF	18.22	23.04	17.45	14.73	39.30	(197.59)	57.02	89.08	122.12	59.71
Cash, $m
Cash, $m	Operating cash flow	68	68	76	99	101	90	116	144	88	103
	Capex	(26)	(25)	(27)	(24)	(67)	(102)	(77)	(110)	(67)	(52)
	Free cash flow	42	43	49	75	34	(12)	39	35	20	51
Balance, $m
Balance, $m	Working capital	255	284	300	415	337	423	451	454	497	536
	Total debt	4	20	18	20	59	466	446	440	454	472
	Net debt	(27)	(22)	(53)	(105)	33	452	433	427	438	458
	Shareholders’ equity	494	495	554	646	656	720	800	885	869	943
Returns, %
Returns, %	ROA	3.47	1.49	2.64	6.29	1.58	5.44	5.21	5.54	0.34	4.28
	ROIC	3.87	5.29	7.70	8.16	0.75	4.11	6.07	6.50	2.26	4.90
	ROE	5.27	2.32	4.01	8.90	2.38	10.53	11.31	11.36	0.67	8.26

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
MP MP Materials Corp.	$7.4B	— (loss-making)	1,057×	+119.66% (above 0%: growing)	n/m	−638.46% (below 0%: shrinking)	42.66%	(25.41%)	Compare
MTRN Materion Corporation	$5.3B	56.3×	37.8×	+42.22% (above 0%: growing)	+53.72% (above 0%: growing)	+61.80% (above 0%: growing)	17.00%	8.42%
USAR USA Rare Earth Inc.	$4.2B	— (loss-making)	— (loss-making)	—	n/m	−1,034.95% (below 0%: shrinking)	(27.19%)	(795.64%)	Compare
SKE Skeena Resources Limited	$4.0B	— (loss-making)	—	—	n/m	−112.35% (below 0%: shrinking)	0.00%	0.00%	Compare
ALM Almonty Industries Inc.	$2.9B	50.2×	—	+497.16% (above 0%: growing)	n/m	+133.36% (above 0%: growing)	62.18%	37.51%	Compare
NEXA Nexa Resources S.A.	$1.7B	6.0×	4.4×	+28.16% (above 0%: growing)	+5,100.00% (above 0%: growing)	+28.53% (above 0%: growing)	28.32%	19.31%	Compare
USAS Americas Gold and Silver Corporation	$1.3B	— (loss-making)	—	+72.05% (above 0%: growing)	n/m	−209.58% (below 0%: shrinking)	47.97%	10.95%	Compare
TMC TMC the metals company Inc.	$1.2B	— (loss-making)	—	—	n/m	−87.95% (below 0%: shrinking)	0.00%	0.00%	Compare
VZLA Vizsla Silver Corp.	$1.2B	— (loss-making)	—	—	n/m	+10.03% (above 0%: growing)	0.00%	0.00%	Compare
Median of peers	$2.3B	—	—	+95.86%	—	−100.15%	14.16%	0.00%

All 46 Other Industrial Metals & Mining stocks →

Materion Corporation (MTRN) key facts

Strength: Materion Corporation’s revenue for fiscal 2025 (year ended December 2025) was $1.8 billion, up 6.04% from fiscal 2024.
Strength: Net income was $74.8 million, or $3.61 per share (basic), a net margin of 4.19%.
Materion Corporation (MTRN) is an Other Industrial Metals & Mining company in the Basic Materials sector, listed on the New York Stock Exchange.
As of October 16, 2026, MTRN traded at $244.17, a market capitalization of $5.3 billion.
At that price the stock trades at 56.3× trailing-twelve-month earnings and 2.4× sales; its P/E is higher than 78% of its own readings over the past ten years.
Materion Corporation pays an annual dividend of $0.57 per share, a yield of 0.23%, with a payout ratio of 13.3%.
Return on equity was 8.26% and debt-to-equity 0.46.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 4.06 (safe zone) for fiscal 2025.