InsiderClue
Stocks · Industrials · Metal Forgings & Stampings

MATERION Corp

MTRN Clue Score42
United States Fiscal year ends December CIK 0001104657
$280.45 +1.21% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $280.45 +291.64% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue969.2Operating income28.9Net income25.7EPS, diluted1.27Fiscal year 2017Revenue1,139.4 +17.6%Operating income40.0Net income11.5 −55.5%EPS, diluted0.56 −55.9%Fiscal year 2018Revenue1,207.8 +6.0%Operating income61.8Net income21.0 +83.8%EPS, diluted1.02 +82.1%Fiscal year 2019Revenue1,185.4 −1.9%Operating income70.5Net income53.4 +153.7%EPS, diluted2.59 +153.9%Fiscal year 2020Revenue1,176.3 −0.8%Operating income8.2Net income15.5 −71.0%EPS, diluted0.75 −71.0%Fiscal year 2021Revenue1,510.6 +28.4%Operating income77.1Net income72.5 +368.7%EPS, diluted3.50 +366.7%Fiscal year 2022Revenue1,757.1 +16.3%Operating income119.8Net income86.0 +18.6%EPS, diluted4.14 +18.3%Fiscal year 2023Revenue1,665.2 −5.2%Operating income136.4Net income95.7 +11.3%EPS, diluted4.58 +10.6%Fiscal year 2024Revenue1,684.7 +1.2%Operating income47.2Net income5.9 −93.8%EPS, diluted0.28 −93.9%Fiscal year 2025Revenue1,786.6 +6.0%Operating income109.8Net income74.8 +1,170.8%EPS, diluted3.58 +1,178.6%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 969.2 1,139.4 1,207.8 1,185.4 1,176.3 1,510.6 1,757.1 1,665.2 1,684.7 1,786.6
Growth +17.6% +6.0% −1.9% −0.8% +28.4% +16.3% −5.2% +1.2% +6.0%
Operating income 28.9 40.0 61.8 70.5 8.2 77.1 119.8 136.4 47.2 109.8
Net income 25.7 11.5 21.0 53.4 15.5 72.5 86.0 95.7 5.9 74.8
Growth −55.5% +83.8% +153.7% −71.0% +368.7% +18.6% +11.3% −93.8% +1,170.8%
EPS, diluted 1.27 0.56 1.02 2.59 0.75 3.50 4.14 4.58 0.28 3.58
Growth −55.9% +82.1% +153.9% −71.0% +366.7% +18.3% +10.6% −93.9% +1,178.6%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin19.0%Operating margin3.0%Net margin2.7%Free cash flow margin4.2%Fiscal year 2017Gross margin18.7%Operating margin3.5%Net margin1.0%Free cash flow margin3.5%Fiscal year 2018Gross margin20.8%Operating margin5.1%Net margin1.7%Free cash flow margin4.0%Fiscal year 2019Gross margin22.2%Operating margin6.0%Net margin4.5%Free cash flow margin6.3%Fiscal year 2020Gross margin16.4%Operating margin0.7%Net margin1.3%Free cash flow margin2.9%Fiscal year 2021Gross margin18.8%Operating margin5.1%Net margin4.8%Free cash flow margin−0.8%Fiscal year 2022Gross margin19.6%Operating margin6.8%Net margin4.9%Free cash flow margin2.2%Fiscal year 2023Gross margin21.0%Operating margin8.2%Net margin5.7%Free cash flow margin2.0%Fiscal year 2024Gross margin19.3%Operating margin2.8%Net margin0.3%Free cash flow margin1.1%Fiscal year 2025Gross margin17.3%Operating margin6.1%Net margin4.2%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 19.0% 18.7% 20.8% 22.2% 16.4% 18.8% 19.6% 21.0% 19.3% 17.3%
Operating margin 3.0% 3.5% 5.1% 6.0% 0.7% 5.1% 6.8% 8.2% 2.8% 6.1%
Net margin 2.7% 1.0% 1.7% 4.5% 1.3% 4.8% 4.9% 5.7% 0.3% 4.2%
Free cash flow margin 4.2% 3.5% 4.0% 6.3% 2.9% −0.8% 2.2% 2.0% 1.1% n/a

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow68.2Capital expenditure−27.2Free cash flow41.0Buybacks−3.8Dividends paid−7.5Fiscal year 2017Operating cash flow67.8Capital expenditure−27.5Free cash flow40.3 −1.8%Buybacks−1.1Dividends paid−7.9Fiscal year 2018Operating cash flow76.4Capital expenditure−27.7Free cash flow48.7 +20.8%Buybacks−0.4Dividends paid−8.4Fiscal year 2019Operating cash flow99.2Capital expenditure−24.3Free cash flow75.0 +54.0%Buybacks−0.2Dividends paid−8.9Fiscal year 2020Operating cash flow101.1Capital expenditure−67.3Free cash flow33.8 −54.9%Buybacks−6.8Dividends paid−9.3Fiscal year 2021Operating cash flow90.2Capital expenditure−102.9Free cash flow−12.7 −137.5%Buybacks0.0Dividends paid−9.7Fiscal year 2022Operating cash flow116.0Capital expenditure−77.6Free cash flow38.4Buybacks0.0Dividends paid−10.2Fiscal year 2023Operating cash flow144.4Capital expenditure−110.6Free cash flow33.9 −11.7%Buybacks0.0Dividends paid−10.6Fiscal year 2024Operating cash flow87.8Capital expenditure−68.6Free cash flow19.2 −43.4%Buybacks0.0Dividends paid−11.1Fiscal year 2025Operating cash flow103.2Buybacks−7.8Dividends paid−11.5
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 68.2 67.8 76.4 99.2 101.1 90.2 116.0 144.4 87.8 103.2
Capital expenditure −27.2 −27.5 −27.7 −24.3 −67.3 −102.9 −77.6 −110.6 −68.6 n/a
Free cash flow 41.0 40.3 48.7 75.0 33.8 −12.7 38.4 33.9 19.2 n/a
Growth −1.8% +20.8% +54.0% −54.9% −137.5% −11.7% −43.4%
Buybacks −3.8 −1.1 −0.4 −0.2 −6.8 0.0 0.0 0.0 0.0 −7.8
Dividends paid −7.5 −7.9 −8.4 −8.9 −9.3 −9.7 −10.2 −10.6 −11.1 −11.5

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash31.5Total debt4.3Net cash (debt)27.1Shareholders’ equity494.1Debt to equity0.01Fiscal year 2017Cash41.8Total debt3.6Net cash (debt)38.2Shareholders’ equity527.1Debt to equity0.01Fiscal year 2018Cash70.6Total debt2.9Net cash (debt)67.8Shareholders’ equity586.2Debt to equity0.00Fiscal year 2019Cash125.0Total debt2.1Net cash (debt)122.9Shareholders’ equity645.7Debt to equity0.00Fiscal year 2020Cash25.9Total debt38.5Net cash (debt)−12.6Shareholders’ equity655.6Debt to equity0.06Fiscal year 2021Cash14.5Total debt449.7Net cash (debt)−435.3Shareholders’ equity720.4Debt to equity0.62Fiscal year 2022Cash13.1Total debt432.0Net cash (debt)−418.9Shareholders’ equity800.0Debt to equity0.54Fiscal year 2023Cash13.3Total debt426.2Net cash (debt)−412.9Shareholders’ equity885.1Debt to equity0.48Fiscal year 2024Cash16.7Total debt442.0Net cash (debt)−425.3Shareholders’ equity868.9Debt to equity0.51Fiscal year 2025Cash13.7Total debt458.8Net cash (debt)−445.1Shareholders’ equity943.3Debt to equity0.49
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 31.5 41.8 70.6 125.0 25.9 14.5 13.1 13.3 16.7 13.7
Total debt 4.3 3.6 2.9 2.1 38.5 449.7 432.0 426.2 442.0 458.8
Net cash (debt) 27.1 38.2 67.8 122.9 −12.6 −435.3 −418.9 −412.9 −425.3 −445.1
Shareholders’ equity 494.1 527.1 586.2 645.7 655.6 720.4 800.0 885.1 868.9 943.3
Debt to equity 0.01 0.01 0.00 0.00 0.06 0.62 0.54 0.48 0.51 0.49

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
969.2 1,139.4 1,207.8 1,185.4 1,176.3 1,510.6 1,757.1 1,665.2 1,684.7 1,786.6
Growth +17.6% +6.0% −1.9% −0.8% +28.4% +16.3% −5.2% +1.2% +6.0%
784.7 926.6 956.5 922.7 983.6 1,226.9 1,413.2 1,316.1 1,358.8 1,477.9
184.5 212.8 251.4 262.7 192.6 283.8 343.9 349.0 326.0 308.6
Growth +15.3% +18.1% +4.5% −26.7% +47.3% +21.2% +1.5% −6.6% −5.3%
12.8 14.0 15.2 18.3 20.3 26.6 29.0 27.5 29.0 25.9
129.0 144.3 153.5 147.2 134.0 163.8 169.3 157.9 145.6 143.1
28.9 40.0 61.8 70.5 8.2 77.1 119.8 136.4 47.2 109.8
Growth +38.6% +54.3% +14.2% −88.4% +838.7% +55.3% +13.9% −65.4% +132.5%
25.3 36.4 16.6 65.5 8.3 77.3 103.1 107.8 14.9 81.5
−0.4 24.9 −4.4 12.1 −7.2 4.9 17.1 12.1 9.0 6.7
25.7 11.5 21.0 53.4 15.5 72.5 86.0 95.7 5.9 74.8
Growth −55.5% +83.8% +153.7% −71.0% +368.7% +18.6% +11.3% −93.8% +1,170.8%
Per share
1.29 0.57 1.04 2.62 0.76 3.55 4.19 4.64 0.28 3.61
1.27 0.56 1.02 2.59 0.75 3.50 4.14 4.58 0.28 3.58
Growth −55.9% +82.1% +153.9% −71.0% +366.7% +18.3% +10.6% −93.9% +1,178.6%
20.0 20.0 20.2 20.4 20.3 20.4 20.5 20.6 20.7 20.8
20.2 20.4 20.6 20.7 20.6 20.7 20.8 20.9 20.9 20.9
Growth +1.0% +1.0% +0.2% −0.3% +0.4% +0.3% +0.7% +0.1% −0.1%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 8.7% a year over five years, and earnings per share grew 36.7% a year.
  • The diluted share count rose 1.5% in five years, which is dilution.
  • Operating margin is up 5.4 points on five years ago, at 6.1%.
  • Profitable in every one of the 10 years on file.