Materion Corporation (MTRN) Stock Price & Analysis
Materion Corporation (MTRN) closed at USD 221.06 on Friday, October 23, 2026, up 0.89% on the day. The US market is currently closed (after-hours); this is not a live price.
The prior close was USD 219.12; the Oct 23, 2026 session ranged USD 216.32–227.49 on volume of 207,944 shares. Market capitalization is $4.61B, with a 52-week range of USD 109.61–324.99 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 23:36 UTC.
Also available as compact Markdown for AI agents: nexqual.com/MTRN.md
Key facts (MTRN)
- Last four reported quarters (through Jul 3, 2026): revenue $2.10B, net income $90.1M (4.3% margin) (SEC filings).
- Valuation: P/E 51.1x (avg 138.2x at the last 3 fiscal year-ends), EV/EBITDA 25.4x, net debt $422M.
- 1 of 80 tracked superinvestors hold MTRN (13F, Q2 2026): 0 new, 1 added, 0 reduced, 0 unchanged.
- Analysts: Buy (mean 2.00 on a 1–5 scale) (5 analysts), mean target USD 303.75 (range 278.74–330).
- Total return with dividends: 1Y +65.0% vs S&P 500 +13.4%; 5Y +213.8% vs S&P 500 +76.9%.
- Next earnings: 2026-11-04, EPS estimate USD 1.89, revenue estimate $611M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (MTRN)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $1.51B | $1.76B | $1.67B | $1.68B | $1.79B | $2.10B |
| Gross profit | $284M | $344M | $349M | $326M | $309M | — |
| Operating income | $77.1M | $120M | $136M | $47.2M | $110M | $126M |
| Net income | $72.5M | $86.0M | $95.7M | $5.9M | $74.8M | $90.1M |
| EPS (diluted) | $3.50 | $4.14 | $4.58 | $0.28 | $3.58 | — |
| Free cash flow | -$12.7M | $38.4M | $33.9M | $19.2M | — | — |
| Gross margin | 18.8% | 19.6% | 21.0% | 19.3% | 17.3% | — |
| Operating margin | 5.1% | 6.8% | 8.2% | 2.8% | 6.1% | 6.0% |
| Net margin | 4.8% | 4.9% | 5.7% | 0.3% | 4.2% | 4.3% |
| Revenue growth | +28.4% | +16.3% | -5.2% | +1.2% | +6.0% | — |
| Cash + short-term investments | $14.5M | $13.1M | $13.3M | $16.7M | $13.7M | — |
| Total debt | $455M | $436M | $429M | $444M | $461M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jul 3, 2026) (MTRN)
P/E 51.1x · P/S 2.2x · EV/EBITDA 25.4x · EV/Sales 2.4x · P/B 4.6x · Earnings yield 1.96% · Dividend yield (paid, TTM) 0.25% · Net debt $422M · EV $5.03B
P/E at fiscal year-ends: Dec 2025 34.7x, Dec 2024 351.5x, Dec 2023 28.4x.
Superinvestors (SEC 13F-HR, Q2 2026) (MTRN)
1 of 80 tracked investors hold MTRN. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| First Eagle Investment | First Eagle Investment Management | 0.06% | $35.5M | Added +17.0% |
Analysts (MTRN)
Consensus Buy (mean 2.00 on a 1–5 scale), 5 analysts; mean target USD 303.75 (low 278.74, high 330).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-02 | Jefferies | Initiated | Buy | $314 |
| 2026-08-07 | Keybanc | Target raised | Overweight | $237 → $306 |
Total return (dividends reinvested) (MTRN)
| 1Y (from 2025-10-24) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | +65.0% | +213.8% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | +65.3% | +25.7% |
| Volatility (annualized) | 61.4% | 45.3% |
| Max drawdown | -36.3% (Jun 2026→Jul 2026) | -46.0% (Feb 2024→Mar 2025) |
MTRN revenue by business segment (quarter ended Jul 3, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Electronic Materials | $375.2M | 61.1% | +67.2% |
| Electronic Materials | $375.2M | 61.1% | +67.2% |
| Performance Materials | $207.9M | 33.9% | +13.8% |
| Performance Materials | $207.9M | 33.9% | +13.8% |
| Precision Optics | $30.8M | 5.0% | +25.9% |
| Total revenue | $613.9M | 100% | — |
MTRN revenue by product line (quarter ended Jul 3, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Aerospace and defense | $61.5M | 10.0% | +39.9% |
| Consumer electronics | $46.5M | 7.6% | -18.0% |
| — Other (part of Consumer electronics) | $26.4M | 4.3% | +48.8% |
| — Automotive (part of Consumer electronics) | $18.3M | 3.0% | +8.6% |
| — Life sciences (part of Consumer electronics) | $1.9M | 0.3% | -18.7% |
| Industrial | $34.0M | 5.5% | +9.5% |
| Energy | $15.6M | 2.5% | +24.5% |
| Semiconductor | $3.9M | 0.6% | +121.3% |
| Total revenue | $613.9M | 100% | — |
MTRN revenue by region (fiscal year ended Dec 31, 2025)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| United States | $579.2M | 32.4% | -19.6% |
| Asia | $576.5M | 32.3% | +13.4% |
| Europe | $570.6M | 31.9% | +32.3% |
| All Other Countries | $60.3M | 3.4% | +144.6% |
| Total revenue | $1.79B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
MTRN company outlook (results filed Aug 5, 2026)
- “EX-99.1 2 q22026pressrelease.htm EX-99.1 Document MATERION CORPORATION REPORTS RECORD SECOND-QUARTER 2026 FINANCIAL RESULTS AND RAISES FULL-YEAR OUTLOOK MAYFIELD HEIGHTS, Ohio – Materion Corporation (NYSE: MTRN) today reported strong second-quarter 2026 financial results and raised its full-year outlook.”
- “We closed out the quarter once again with record backlog, giving us the confidence to meaningfully raise our full-year outlook." SECOND-QUARTER 2026 RESULTS Net sales for the quarter were $613.9 million, compared to $431.7 million in the prior year period.”
- “We now expect mid-teens top‑line growth and are raising our full‑year adjusted earnings per share guidance to $6.80 to $7.20, a 30% increase from prior year at the midpoint.”
- “However, items excluded from the Company's adjusted earnings guidance include the historical adjustments noted in Attachments 4 through 8 to this press release.”
Quoted word-for-word from the SEC 8-K results press release.
MTRN analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $1.89 | $1.75 | +8.2% | $611.4M | 6 |
| Next quarter (ends Dec 2026) | $1.99 | $1.90 | +4.6% | $619.5M | 6 |
| Current fiscal year (ends Dec 2026) | $7.02 | $6.43 | +9.2% | $2.38B | 6 |
| Next fiscal year (ends Dec 2027) | $8.43 | $7.52 | +12.1% | $2.60B | 6 |
MTRN options: expected move
Options price a move of about ±14.5% (±$31.70) by Nov 20, 2026, which includes earnings on Nov 4, 2026. Over the last 8 reports the stock moved ±8.3% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 64.2% | ±14.5% |
| Dec 18, 2026 | 56 | 58.1% | ±18.3% |
| Mar 19, 2027 | 147 | 56.4% | ±28.5% |
| Jun 17, 2027 | 237 | 56.5% | ±36.0% |
30-day implied volatility 62.6% vs 68.1% realized over the last 30 trading days. Put/call ratio (volume) 0.27. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 23:36 UTC)
| Price | USD 221.06 |
|---|---|
| Change | ▲ 0.89% (up) |
| Previous Close | USD 219.12 |
| Open | USD 217.71 |
| Day Range | USD 216.32 – 227.49 |
| 52-Week Range | USD 109.61 – 324.99 |
| Volume | 207,944 shares |
| Market Cap | $4.61B |
| Exchange | NYQ |
Technical Analysis (MTRN)
Nexqual's technical model rates MTRN "SELL" based on 1 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 23:36 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 33.39 (neutral) |
| vs SMA50 | Below (USD 255.96) |
| MACD | -8.48 (negative) |
Analyst Ratings (MTRN)
Wall Street analysts rate MTRN "Buy" based on 5 analysts, with a mean price target of USD 303.75 (range USD 278.74–330), per Nexqual as of October 23, 2026 at 23:36 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 5 |
| Mean Target | USD 303.75 |
| High Target | USD 330 |
| Low Target | USD 278.74 |
| Buy / Hold / Sell | 4 / 1 / 0 |
Earnings (MTRN)
| Next Earnings Date | 2026-11-04 |
|---|---|
| EPS Estimate | USD 1.89 |
| Revenue Estimate | $611.38M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 1.9 vs est 1.52 ▲ beat |
| 2026-03-31 | USD 1.27 vs est 1.25 ▲ beat |
| 2025-12-31 | USD 1.53 vs est 1.51 ▲ beat |
| 2025-09-30 | USD 1.41 vs est 1.41 ▼ miss |
Source: Nexqual, October 23, 2026 at 23:36 UTC.
Financials & Fundamentals (MTRN)
| Total Revenue | $2.10B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +42.20% |
| Gross Margin | +16.01% |
| Operating Margin | +8.57% |
| Profit Margin | +4.29% |
| ROE | +9.46% |
| Debt / Equity | 0.51 |
| Current Ratio | 2.94 |
| Total Cash | $20.84M |
| Total Debt | $511.60M |
Source: Nexqual, October 23, 2026 at 23:36 UTC.
Financial Health Score (MTRN)
Nexqual rates Materion Corporation's overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 23:36 UTC.
| Growth | Solid — Revenue +6% YoY (annual) |
|---|---|
| Profitability | Mixed — Gross margin 16%, operating 9% (last 12 months) |
| Balance Sheet | Strong — $20M cash and investments vs $442M debt (Jul 2026, SEC) |
| Cash Flow | Solid — Operating cash flow $103M (FY ended Dec 2025, 10-K) |
| Efficiency | Mixed — ROE 9%, ROA 4.6% |
Ownership (MTRN)
| Insider Ownership | +1.72% |
|---|---|
| Institutional Ownership | +99.50% |
| Shares Outstanding | 20.83M |
| Float | 20.60M |
| Short % of Float | +4.01% |
Source: Nexqual, October 23, 2026 at 23:36 UTC.
Leadership (MTRN)
Materion Corporation is led by Jugal K. Vijayvargiya, CEO, President & Director, per Nexqual as of October 23, 2026 at 23:36 UTC.
| CEO, President & Director | Jugal K. Vijayvargiya |
|---|---|
| CFO & VP of Finance | Shelly M. Chadwick |
| Director of Investor Relations & Corporate FP & A | Kyle Kelleher |
| Vice President of Strategy & Corporate Development | Sam Fulton |
| President of Precision Optics | Jason Moore |
Major Backers & Investors (MTRN)
Notable institutional backers of Materion Corporation include Capital Group, SmallCap World Fund Inc, American Century Companies Inc, according to Nexqual as of October 23, 2026 at 23:36 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Capital Group | 4.8% |
| SmallCap World Fund Inc | 4.68% |
| American Century Companies Inc | 2.96% |
| Fisher Asset Management, LLC | 2.38% |
| Barrow, Hanley Mewhinney & Strauss, LLC | 2.14% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 16.67% |
| Vanguard Group | 11.2% |
| State Street | 6.99% |
| Geode Capital | 2.84% |
| Dimensional Fund Advisors | 2.77% |
Source: Nexqual, October 23, 2026 at 23:36 UTC.
From Materion Corporation's Latest SEC 10-K Filing (filed 2026-02-12)
Key Strengths & Strategy (as disclosed to the SEC)
- While our product and market development efforts allow us to capture new applications, we may lose existing applications and customers from time to time due to the rapid change in technologies and other factors.
Legal & Regulatory Risks (Item 1A, quoted)
- Any of these risks could have an adverse effect on our international operations by reducing the demand for our products or reducing the prices at which we can sell our products, which could result in an adverse effect on our business, financial position, results of operations, or cash flows.
- Changes in laws or regulations or the manner of their interpretation or enforcement could adversely impact our financial performance and restrict our ability to operate our business or execute our strategies.
- New laws or regulations, or changes in existing laws or regulations or the manner of their interpretation or enforcement, could increase our cost of doing business and restrict our ability to operate our business or execute our strategies.
- We may be exposed to certain regulatory and financial risks related to climate change.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| SKE | Skeena Resources Limited | USD 28.02 | ▼ 2.51% |
| USAR | USA Rare Earth, Inc. | USD 9.33 | ▼ 3.12% |
| MP | MP Materials Corp. | USD 38.3 | ▼ 0.67% |
| ALM | Almonty Industries Inc. | USD 8.86 | ▲ 1.2% |
| RML | RESOLUTION MINERALS LTD | USD 4.24 | ▼ 2.64% |
| SSMR | Sunshine Silver Mining & Refini | USD 13.23 | ▲ 0.46% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 23:36 UTC. This page is informational and not investment advice.
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