Materion Corporation MTRN

264.96 8.82 3.44% as of 25 Sep
Market cap
$5.4B
P/E
61.1×
Growth Flags show if company had growth for consecutive years

Insider Decisions

Total sells 18.55
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — 1 — — 5 3 — 3 — — 4 1
Insider Ownership 1.73%

Capital & Financial Ratios

Market Cap 5,390.00
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 61.05
P/S ratio 2.63
P/B ratio 5.55
Past 5Y EPS Growth (35.82%)
This Y EPS Growth 30.12%
Next Y EPS Growth 20.04%
Next 5Y EPS Growth 24.31%
in millions of $

Dividends

Payout Ratio 0.11
Annual Dividend Rate 0.52
Annual Dividend Yield 0.43%
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 in italic, special payouts not included in total or ratios

Assets vs Liabilities

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
in millions of $

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

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
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

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
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

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
in millions of $ · 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

Target Price Range

Analyst price targets

Recommendation Rating

1.4
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
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
Low Price
41.23 52.10 65.10 71.97 64.23 95.60 97.89 132.50 145.08 135.33
High Price
2,550 2,700 2,700 2,600 3,072 3,443 3,723 3,404 3,037 2,880
Employees
0 0 0 0 0 0 0 0 1 1
Revenue/Emp
969 1,139 1,208 1,185 1,176 1,511 1,757 1,665 1,685 1,787
Revenue
19.04% 18.68% 20.81% 22.16% 16.38% 18.78% 19.57% 20.96% 19.35% 17.27%
Gross Margin
25 36 17 66 8 77 103 108 15 82
EBT
2.61% 3.19% 1.37% 5.53% 0.70% 5.12% 5.87% 6.48% 0.88% 4.56%
EBT Margin
26 11 21 53 15 72 86 96 6 75
Net Income
50 49 42 42 43 46 55 62 70 71
Depreciation
48.50 56.90 59.76 58.21 57.84 73.97 85.67 80.76 81.26 86.08
Revenue/Sh
1.29 0.57 1.03 2.49 0.76 3.55 4.19 4.64 0.28 3.61
Earnings/Sh
3.41 3.39 3.78 4.87 4.97 4.42 5.65 7.00 4.24 4.97
Cash Flow/Sh
(1.29) (1.26) (1.35) (1.19) (3.31) (5.00) (3.74) (5.33) (3.25) (2.52)
Capex/Sh
2.12 2.12 2.43 3.68 1.66 (0.58) 1.91 1.67 0.98 2.45
Free CF/Sh
24.73 24.72 27.40 31.71 32.24 35.28 39.00 42.92 41.91 45.45
Book Value/Sh
20 20 20 20 20 20 21 21 21 21
Shares
31.05 86.21 43.68 23.97 70.80 25.97 20.97 27.68 340.97 34.44
PE Ratio
0.83 0.88 0.75 1.02 1.10 1.24 1.03 1.59 1.22 1.44
PS Ratio
1.62 2.02 1.64 1.87 1.98 2.61 2.25 2.99 2.36 2.74
PB Ratio
0.80 0.86 0.71 0.93 1.13 1.54 1.27 1.85 1.48 1.70
EV/Sales
18.22 23.04 17.45 14.73 39.30 (197.59) 57.02 89.08 122.12 59.71
EV/FCF
68 68 76 99 101 90 116 144 88 103
Op' Cash Flow
(26) (25) (27) (24) (67) (102) (77) (110) (67) (52)
Capex
42 43 49 75 34 (12) 39 35 20 51
FCF
255 284 300 415 337 423 451 454 497 536
Working Cap'
4 20 18 20 59 466 446 440 454 472
Total Debt
(27) (22) (53) (105) 33 452 433 427 438 458
Net Debt
494 495 554 646 656 720 800 885 869 943
Sh' Equity
3.47% 1.49% 2.64% 6.29% 1.58% 5.44% 5.21% 5.54% 0.34% 4.28%
ROA
3.87% 5.29% 7.70% 8.16% 0.75% 4.11% 6.07% 6.50% 2.26% 4.90%
ROIC
5.27% 2.32% 4.01% 8.90% 2.38% 10.53% 11.31% 11.36% 0.67% 8.26%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Materion Corporation (MTRN) key facts

  • Materion Corporation (MTRN) is an Other Industrial Metals & Mining company in the Basic Materials sector, listed on the New York Stock Exchange.
  • Materion Corporation’s revenue for fiscal 2025 (year ended December 2025) was $1.8 billion, up 6.04% from fiscal 2024.
  • Net income was $74.8 million, or $3.61 per share (basic), a net margin of 4.19%.
  • As of September 25, 2026, MTRN traded at $264.96, a market capitalization of $5.4 billion.
  • At that price the stock trades at 61.1× trailing-twelve-month earnings and 2.6× sales.
  • Materion Corporation pays an annual dividend of $0.52 per share, a yield of 0.43%, with a payout ratio of 10.7%.
  • Return on equity was 8.26% and debt-to-equity 0.46.

Source: company filings (standardised) and stockrow calculations.

Materion Corporation (MTRN) Latest News

News by impact score

Fine-tune

24 Sep

3

Materion (MTRN) trades around $256.14 after a sharp multi-year rise, prompting scrutiny of whether expected cash flows justify the price. Five-year returns are about 282%. Trailing free cash flow is roughly $12.9 million, with models forecasting growth to hundreds of millions by the early 2030s, enough to fund expansion and still deliver cash to shareholders. A Discounted Cash Flow analysis suggests intrinsic value well above the current price, while the stock trades at 59.2x P/E. Simply Wall St highlights a 15% undervalued narrative driven by cost improvements, operational efficiencies, and a favorable electronic materials mix that could lift EBITDA margins. Governance and incentive alignment are flagged as factors to monitor, and the piece notes it is not financial advice. Intrinsic value exceeds current price, signaling upside and potential investor interest.

12 Aug

3 transcript

Materion Corporation held its Q2 2026 earnings call, covering financial results, business performance, and outlook. Q2 2026 earnings details and outlook directly influence market perception of Materion performance.

8 Aug

3 transcript

Materion reported Q2 results during its earnings call, detailing revenue, earnings per share, segment performance, and forward guidance on demand trends and cost management. Quarterly earnings figures and guidance directly inform near-term financial expectations and valuation for the company.

7 Aug

4

Materion (MTRN) shows strong positioning for a stock surge driven by favorable market conditions, operational strengths, and growth opportunities in its core segments. Favorable positioning and growth opportunities indicate major strategic factors likely to alter company trajectory and investor sentiment.

4

Materion raised 2026 guidance on broad-based demand strength, driving a 33.7% stock increase. Raising 2026 guidance on demand strength signals major positive shift in financial outlook and market trajectory.

3

Materion (MTRN) stock fair value rises as analysts weigh margin strength into 2026. Analyst focus on sustained margins supports a moderate lift in MTRN fair value and near-term sentiment.

6 Aug

4

Materion Corporation highlighted a record backlog in its Q2 earnings call. Record backlog signals substantial future revenue and improved performance outlook for Materion Corporation.

5 Aug

4

Materion Corporation posted record Q2 2026 sales and raised full-year guidance. Record sales and raised guidance signal stronger financial trajectory and positive market reaction for Materion.

4

Materion Corporation reported record second-quarter 2026 financial results and raised its full-year outlook. Record quarterly results combined with raised full-year guidance point to stronger financial performance and improved market positioning.

3

Materion Corporation conducted its Q2 2026 earnings call covering financial results and company outlook. Earnings call details typically influence short-term sentiment and specific operational views but rarely shift long-term trajectory alone.

3

Materion (MTRN) reported Q2 earnings and revenues above analyst estimates. Quarterly earnings beat offers modest positive signal for near-term stock sentiment without shifting long-term company trajectory.

30 Jul

4

Materion Corporation is set to report Q2 earnings, prompting assessment of potential effects on its stock performance. Quarterly earnings releases routinely trigger major stock price moves and valuation resets.

24 Jul

3

Materion (MTRN) shows renewed earnings optimism, raising questions on whether potential gains are already reflected in the current stock price. Earnings optimism may moderately shift investor sentiment and near-term share performance.

3

Materion Corporation beat earnings expectations, potentially altering its bull case ahead of Q2 2026 results. Earnings beats create moderately noticeable but limited effects on valuation and near-term sentiment.

7 May

3

Materion Corporation raised its quarterly cash dividend for the 14th straight year, signaling ongoing financial strength and shareholder commitment. The 14th consecutive dividend increase highlights sustained cash flow generation and boosts investor confidence without fundamentally altering core operations.

1 May

4

Materion Corporation (MTRN) posted record Q1 2026 results and a strong backlog, prompting debate on whether this bolsters the bull case for the stock. Record Q1 2026 earnings and backlog growth signal major positive shifts in financial performance and demand outlook for Materion.

29 Apr

4 transcript

Materion (MTRN) released Q1 2026 earnings call transcript detailing financial performance, outlook, and strategic updates. Q1 2026 earnings transcript discloses financial results and forward guidance that significantly influence stock price and investor expectations.

4

Materion (MTRN) reported Q1 earnings and revenues exceeding analyst estimates. Q1 earnings and revenue beats demonstrate strong financial performance, likely enhancing investor sentiment and stock trajectory.

4

Materion Corporation reported strong first-quarter 2026 financial results and improved its full-year outlook. Strong Q1 results and raised full-year guidance indicate enhanced financial performance and positive market sentiment for MTRN.

3

Materion Corporation released Q1 2026 earnings call summary detailing quarterly financial results, performance highlights, and future outlook. Quarterly earnings call summaries moderately influence financial performance perceptions and market sentiment without fundamentally altering long-term trajectory.

24 Apr

3

Materion (MTRN) investment narrative shifts as analysts raise price targets while execution risks mount, balancing optimism with potential operational challenges. Rising execution risks temper higher analyst price targets, creating moderate influence on MTRN's financial trajectory and investor sentiment.

23 Apr

4

Materion Corporation (MTRN) Q1 earnings and sales beat estimates despite pricing weakness. Q1 earnings beat amid pricing weakness signals strong financial performance likely boosting stock trajectory and investor sentiment.

3 Apr

4

Materion (MTRN) stock rose 6.0% after bullish analyst calls citing surging defense sector demand for beryllium, a key material, with analysts forecasting continued growth from defense contracts and supply chain advantages. Bullish analyst upgrades on core defense beryllium demand triggered a 6% stock surge, poised to significantly enhance investor sentiment and revenue trajectory.

2 Apr

3

Analysts maintain a bullish stance on Materion Corporation (MTRN) driven by robust share price momentum. Bullish analyst views and strong share price momentum likely to moderately enhance market sentiment and short-term performance.

30 Mar

3

Analysts upgraded Materion Corporation (MTRN) to a Buy rating due to strong performance in advanced materials and favorable market conditions. Analyst upgrade to Buy positively influences investor sentiment and short-term market performance without fundamentally altering long-term trajectory.

16 Feb

3

Questions whether Materion (MTRN) stock pricing reflects recent surge or anticipates future cash flow expectations. Valuation analysis comparing recent stock surge to future cash flows may moderately impact investor sentiment and financial performance perceptions.

15 Feb

4

Materion Corporation (MTRN) shares rose 5.5% after a Q4 profit rebound and updated 2026 guidance. Q4 profit rebound and 2026 guidance update boost financial performance and long-term investor outlook.

14 Feb

3

Materion Corporation completes full $49 million exit from JBT Marel, signaling strategic implications for long-term investors. Materion's $49 million divestiture from JBT Marel boosts liquidity and refines focus but is modest relative to its $1.6 billion revenue scale.

12 Feb

4 transcript

Materion Corporation (MTRN) reported strong growth in its Electronic Materials segment during the Q4 2025 earnings call, highlighting increased demand and improved financial performance. The company emphasized its strategic initiatives aimed at expanding market share and enhancing product offerings. Key metrics showed significant revenue growth, driven by advancements in technology and customer partnerships. Materion's leadership expressed optimism about future prospects, citing ongoing investments in innovation and sustainability as critical to maintaining competitive advantage. Strong growth in key segments and strategic initiatives indicate significant potential for future performance.

4 transcript

Materion Corporation reported its Q4 2025 earnings, highlighting a revenue increase driven by strong demand in key sectors. The company achieved significant growth in its advanced materials segment, contributing to overall profitability. Management provided an optimistic outlook for 2026, emphasizing strategic investments and innovation initiatives aimed at enhancing market position. Cost management efforts were also noted, which helped improve margins despite inflationary pressures. The earnings call concluded with a Q&A session addressing investor concerns about supply chain challenges and future growth opportunities. The earnings report indicates significant growth and strategic initiatives that could notably influence Materion's future performance and market position.

stockrow.com/MTRN · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com