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 Aug 9, 2026, 10:12 UTC 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

Return on equity & assets (ROE / ROA)

ROEROA

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	ROE	ROA	FCF	Total debt	Cash
2025	$1.8B	$75M	17.3%	6.1%	7.9%	4.2%	—	$483M	$14M
2024	$1.7B	$6M	19.3%	2.8%	0.7%	0.3%	$19M	$478M	$17M
2023	$1.7B	$96M	21.0%	8.2%	10.8%	5.4%	$34M	$429M	$13M
2022	$1.8B	$86M	19.6%	6.8%	10.7%	5.1%	$38M	$436M	$13M
2021	$1.5B	$72M	18.8%	5.1%	10.1%	4.5%	-$13M	$455M	$14M
2020	$1.2B	$15M	16.4%	0.7%	2.4%	1.5%	$34M	$38M	$26M
2019	$1.2B	$53M	22.2%	6.0%	8.3%	5.9%	$75M	$2M	$125M
2018	$1.2B	$21M	20.8%	5.1%	3.6%	2.5%	$49M	$4M	$71M
2017	$1.1B	$11M	18.7%	3.5%	2.2%	1.4%	$40M	$5M	$42M
2016	$969M	$26M	19.0%	3.0%	5.2%	3.5%	$41M	$5M	$31M
2015	—	$32M	—	—	6.7%	4.3%	$62M	$23M	$24M
2014	—	$42M	—	—	9.2%	5.5%	$31M	$25M	$13M
2013	—	$20M	—	—	4.4%	2.6%	$48M	$65M	$23M
2012	—	$25M	—	—	5.9%	3.0%	$5M	$95M	$16M
2011	—	$40M	—	—	9.8%	5.2%	$29M	$82M	$12M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

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	ROE	ROA	FCF	Total debt	Cash
Jul '26	$614M	$39M	17.0%	8.4%	3.9%	2.1%	—	$460M	$20M
Apr '26	$550M	$19M	14.9%	5.1%	2.0%	1.0%	-$20M	$515M	$16M
Dec '25	$490M	$7M	13.0%	2.2%	0.7%	0.4%	—	$483M	$14M
Sep '25	$445M	$25M	19.4%	7.9%	2.7%	1.4%	—	$469M	$16M
Jun '25	$432M	$25M	19.1%	8.5%	2.8%	1.4%	—	$447M	$13M
Mar '25	$420M	$18M	18.1%	6.5%	2.0%	1.0%	$3M	$506M	$16M
Dec '24	$437M	-$49M	21.3%	-8.8%	-5.6%	-2.9%	$58M	$478M	$17M
Sep '24	$437M	$22M	18.5%	7.2%	2.4%	1.2%	—	$497M	$18M
Jun '24	$426M	$19M	19.0%	7.5%	2.1%	1.1%	—	$487M	$17M
Mar '24	$385M	$13M	18.5%	5.8%	1.5%	0.7%	-$35M	$524M	$13M
Dec '23	$421M	$19M	18.9%	6.6%	2.2%	1.1%	$35M	$429M	$13M
Sep '23	$403M	$27M	22.1%	9.1%	3.0%	1.5%	—	$461M	$16M
Jun '23	$399M	$24M	22.3%	8.9%	2.8%	1.4%	—	$444M	$17M
Mar '23	$443M	$26M	20.6%	8.3%	3.1%	1.5%	$8M	$437M	$15M
Dec '22	$435M	$29M	22.6%	9.0%	3.6%	1.7%	$58M	$436M	$13M
Sep '22	$428M	$20M	19.3%	6.8%	2.6%	1.2%	-$4M	$498M	$21M
Jul '22	$445M	$23M	19.6%	7.2%	3.1%	1.4%	$17M	$502M	$32M
Apr '22	$449M	$14M	16.8%	4.4%	1.9%	0.8%	-$33M	$500M	$20M
Dec '21	$397M	$20M	18.4%	3.9%	2.7%	1.2%	$24M	$455M	$14M
Oct '21	$388M	$18M	19.2%	5.5%	2.6%	1.5%	-$23M	$80M	$18M

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 28.1× (Mar '23) to 60.4× (Nov '26).
The price-to-sales ratio has risen from 1.4× (Mar '23) to 2.5× (Nov '26).
The dividend yield has fallen from 0.4% (Mar '23) to 0.3% (Nov '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?

Materion Corp's P/E (TTM) is 50.15 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the MTRN stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 60.4× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.