MTRN Financials Materion Corp

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 30 h ago Overview →

Growth & profitability

Revenue has grown 8.7% per year over the past 5 years.
Net income has grown faster than revenue (37.1% vs 8.7% per year).
Operating margin has expanded, at 6.1% in the latest year.
Free cash flow has declined 23.9% per year over the past 5 years.

Financial health

Total debt ($483M) exceeds cash ($14M); net debt is $469M.
Total debt has grown faster than revenue (65.9% vs 8.7% per year).
Operating income covered interest expense 3.6× in the latest year.
Total debt is 2.7× EBITDA.

Shareholder returns

Dividends have been paid for 14 consecutive years, consuming 15.4% of earnings.
The dividend has grown 4.5% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
2025	$1.8B	$75M	17.3%	6.1%	—	$483M	$14M
2024	$1.7B	$6M	19.3%	2.8%	$19M	$478M	$17M
2023	$1.7B	$96M	21.0%	8.2%	$34M	$429M	$13M
2022	$1.8B	$86M	19.6%	6.8%	$38M	$436M	$13M
2021	$1.5B	$72M	18.8%	5.1%	-$13M	$455M	$14M
2020	$1.2B	$15M	16.4%	0.7%	$34M	$38M	$26M
2019	$1.2B	$53M	22.2%	6.0%	$75M	$2M	$125M
2018	$1.2B	$21M	20.8%	5.1%	$49M	$4M	$71M
2017	$1.1B	$11M	18.7%	3.5%	$40M	$5M	$42M
2016	$969M	$26M	19.0%	3.0%	$41M	$5M	$31M
2015	—	$32M	—	—	$62M	$23M	$24M
2014	—	$42M	—	—	$31M	$25M	$13M
2013	—	$20M	—	—	$48M	$65M	$23M
2012	—	$25M	—	—	$5M	$95M	$16M
2011	—	$40M	—	—	$29M	$82M	$12M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
Apr '26	$550M	$19M	14.9%	5.1%	-$20M	$515M	$16M
Dec '25	$490M	$7M	13.0%	2.2%	—	$483M	$14M
Sep '25	$445M	$25M	19.4%	7.9%	—	$469M	$16M
Jun '25	$432M	$25M	19.1%	8.5%	—	$447M	$13M
Mar '25	$420M	$18M	18.1%	6.5%	$3M	$506M	$16M
Dec '24	$437M	-$49M	21.3%	-8.8%	$58M	$478M	$17M
Sep '24	$437M	$22M	18.5%	7.2%	—	$497M	$18M
Jun '24	$426M	$19M	19.0%	7.5%	—	$487M	$17M
Mar '24	$385M	$13M	18.5%	5.8%	-$35M	$524M	$13M
Dec '23	$421M	$19M	18.9%	6.6%	$35M	$429M	$13M
Sep '23	$403M	$27M	22.1%	9.1%	—	$461M	$16M
Jun '23	$399M	$24M	22.3%	8.9%	—	$444M	$17M
Mar '23	$443M	$26M	20.6%	8.3%	$8M	$437M	$15M
Dec '22	$435M	$29M	22.6%	9.0%	$58M	$436M	$13M
Sep '22	$428M	$20M	19.3%	6.8%	-$4M	$498M	$21M
Jul '22	$445M	$23M	19.6%	7.2%	$17M	$502M	$32M
Apr '22	$449M	$14M	16.8%	4.4%	-$33M	$500M	$20M
Dec '21	$397M	$20M	18.4%	3.9%	$24M	$455M	$14M
Oct '21	$388M	$18M	19.2%	5.5%	-$23M	$80M	$18M
Jul '21	$371M	$18M	18.8%	5.6%	$2M	$59M	$24M

Valuation over time

How the market has priced MTRN against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 28.0× (Mar '23) to 78.3× (Jun '26).
The price-to-sales ratio has risen from 1.4× (Mar '23) to 3.3× (Jun '26).
The dividend yield has fallen from 0.4% (Mar '23) to 0.2% (Jun '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is MTRN growing its revenue and profit?

Over the past 5 years, Materion Corp's revenue has grown 8.7% per year, and net income grown 37.1% per year. These are computed facts, not advice.

How much debt does MTRN have?

As of FY2025, Materion Corp reported $483M of total debt against $14M of cash; operating income covered interest expense 3.6×.

What is MTRN's profit margin?

In FY2025, gross margin was 17.3%, operating margin 6.1%, and net margin 4.2%.

What is MTRN's P/E ratio?

As of Jun '26, Materion Corp traded at a price-to-earnings ratio of about 78.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.