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MATERION Corp (MTRN) Stock Fundamental Analysis & AI Rating 2026

MTRN NYSE Metal Forgings & Stampings OH CIK: 0001104657
Updated This Month • Analysis: Apr 2, 2026 • SEC Data: 2025-12-31
Combined AI Rating
BUY
69% Confidence
AGREEMENT
BUY
72% Conf
HOLD
66% Conf

📊 MTRN Key Takeaways

Revenue: $1.8B
Net Margin: 4.2%
Free Cash Flow: $90.9M
Current Ratio: 3.11x
Debt/Equity: 0.49x
EPS: $3.58
AI Rating: BUY with 72% confidence
MATERION Corp (MTRN) receives a BUY rating with 69% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $1.8B, net profit margin of 4.2%, and return on equity (ROE) of 7.9%, MATERION Corp demonstrates strong fundamentals in the Materials sector. Below is our complete MTRN stock analysis for 2026.

Is MATERION Corp (MTRN) a Good Investment?

Claude

Materion demonstrates exceptional profitability improvement with net income growing 1170.8% YoY and strong operational efficiency with a 6.1% operating margin. The company maintains a healthy balance sheet with a 0.49x debt-to-equity ratio, solid liquidity metrics (3.11x current ratio), and generates robust free cash flow of $90.9M, positioning it well for sustainable operations and potential shareholder returns.

ChatGPT

Materion exhibits strong top-line expansion and improving profitability with solid free cash flow generation and manageable leverage. Liquidity is sound and interest coverage is adequate, supporting operational resilience. However, margins remain thin for a cyclical business and the extraordinary YoY growth appears unlikely to be durable, warranting a balanced stance.

Why Buy MATERION Corp Stock? MTRN Key Strengths

Claude
  • + Exceptional profit growth with net income surge of 1170.8% YoY
  • + Strong free cash flow generation of $90.9M representing 5.1% FCF margin
  • + Healthy balance sheet with conservative 0.49x debt-to-equity leverage and adequate interest coverage of 4.8x
  • + Solid liquidity position with 3.11x current ratio providing operational flexibility
ChatGPT
  • + Healthy liquidity (3.11x current) and moderate leverage (0.49x D/E)
  • + Positive cash generation with 5.1% FCF margin and low capex
  • + Improving operating performance and adequate interest coverage (4.8x)

MTRN Stock Risks: MATERION Corp Investment Risks

Claude
  • ! Extremely high YoY revenue growth of 5920.9% suggests potential one-time event or acquisition rather than organic growth sustainability
  • ! Low absolute cash position of only $13.7M relative to $1.8B in assets raises concerns about working capital flexibility
  • ! Modest net profit margin of 4.2% and gross margin of 17.3% indicate thin margins typical of manufacturing sector
  • ! Low ROE of 7.9% and ROA of 4.2% suggest suboptimal asset utilization efficiency
ChatGPT
  • ! Thin margins in a cyclical, commodity-exposed industry (GM 17.3%, NM 4.2%)
  • ! Uncertain sustainability/quality of outsized YoY growth
  • ! Low cash balance and working-capital intensity; only modest coverage headroom

Key Metrics to Watch

Claude
  • * Sustainability of operating cash flow and free cash flow generation in subsequent periods
  • * Gross margin trajectory to assess pricing power and cost management
  • * Debt reduction progress given the $460.6M long-term debt burden
  • * Organic revenue growth rate to differentiate core business performance from potential acquisition effects
ChatGPT
  • * Operating margin
  • * Free cash flow margin

MATERION Corp (MTRN) Financial Metrics & Key Ratios

Revenue
$1.8B
Net Income
$74.8M
EPS (Diluted)
$3.58
Free Cash Flow
$90.9M
Total Assets
$1.8B
Cash Position
$13.7M

💡 AI Analyst Insight

Strong liquidity with a 3.11x current ratio provides a solid financial cushion.

MTRN Profit Margin, ROE & Profitability Analysis

Gross Margin 17.3%
Operating Margin 6.1%
Net Margin 4.2%
ROE 7.9%
ROA 4.2%
FCF Margin 5.1%

MTRN vs Materials Sector: How MATERION Corp Compares

How MATERION Corp compares to Materials sector averages

Net Margin
MTRN 4.2%
vs
Sector Avg 10.0%
MTRN Sector
ROE
MTRN 7.9%
vs
Sector Avg 14.0%
MTRN Sector
Current Ratio
MTRN 3.1x
vs
Sector Avg 1.6x
MTRN Sector
Debt/Equity
MTRN 0.5x
vs
Sector Avg 0.6x
MTRN Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is MATERION Corp Stock Overvalued? MTRN Valuation Analysis 2026

Based on fundamental analysis, MATERION Corp shows some fundamental concerns relative to the Materials sector in 2026.

Return on Equity
7.9%
Sector avg: 14%
Net Profit Margin
4.2%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.49x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

MATERION Corp Balance Sheet: MTRN Debt, Cash & Liquidity

Current Ratio
3.11x
Quick Ratio
1.29x
Debt/Equity
0.49x
Debt/Assets
0.0%
Interest Coverage
4.81x
Long-term Debt
$460.6M

MTRN Revenue & Earnings Growth: 5-Year Financial Trend

MTRN 5-year financial data: Year 2021: Revenue $1.5B, Net Income $53.4M, EPS $2.59. Year 2022: Revenue $1.8B, Net Income $15.5M, EPS $0.75. Year 2023: Revenue $1.8B, Net Income $72.5M, EPS $3.50. Year 2024: Revenue $1.8B, Net Income $86.0M, EPS $4.14. Year 2025: Revenue $1.8B, Net Income $95.7M, EPS $4.58.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: MATERION Corp's revenue has grown significantly by 18% over the 5-year period, indicating strong business expansion. The most recent EPS of $4.58 reflects profitable operations.

MTRN Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
5.1%
Free cash flow / Revenue

MTRN Quarterly Earnings & Performance

Quarterly financial performance data for MATERION Corp including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $436.7M $22.3M $1.07
Q2 2025 $425.9M $19.0M $0.91
Q1 2025 $385.3M $13.4M $0.64
Q3 2024 $403.1M $22.3M $1.07
Q2 2024 $398.6M $19.0M $0.91
Q1 2024 $385.3M $13.4M $0.64
Q3 2023 $403.1M $20.0M $0.96
Q2 2023 $398.6M $23.3M $1.12

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

MATERION Corp Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$103.2M
Cash generated from operations
Stock Buybacks
$7.8M
Shares repurchased (TTM)
Capital Expenditures
$12.3M
Investment in assets
Dividends Paid
$11.5M
Returned to shareholders

MTRN SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for MATERION Corp (CIK: 0001104657)

📋 Recent SEC Filings

Date Form Document Action
Apr 9, 2026 4 xslF345X06/wk-form4_1775744927.xml View →
Apr 9, 2026 4 xslF345X06/wk-form4_1775744920.xml View →
Mar 26, 2026 DEF 14A mtrn-20260326.htm View →
Mar 10, 2026 4 xslF345X05/wk-form4_1773166948.xml View →
Mar 10, 2026 4 xslF345X05/wk-form4_1773166943.xml View →

Frequently Asked Questions about MTRN

What is the AI rating for MTRN?

MATERION Corp (MTRN) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (HOLD) with 69% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are MTRN's key strengths?

Claude: Exceptional profit growth with net income surge of 1170.8% YoY. Strong free cash flow generation of $90.9M representing 5.1% FCF margin. ChatGPT: Healthy liquidity (3.11x current) and moderate leverage (0.49x D/E). Positive cash generation with 5.1% FCF margin and low capex.

What are the risks of investing in MTRN?

Claude: Extremely high YoY revenue growth of 5920.9% suggests potential one-time event or acquisition rather than organic growth sustainability. Low absolute cash position of only $13.7M relative to $1.8B in assets raises concerns about working capital flexibility. ChatGPT: Thin margins in a cyclical, commodity-exposed industry (GM 17.3%, NM 4.2%). Uncertain sustainability/quality of outsized YoY growth.

What is MTRN's revenue and growth?

MATERION Corp reported revenue of $1.8B.

Does MTRN pay dividends?

MATERION Corp pays dividends, with $11.5M distributed to shareholders in the trailing twelve months.

Where can I find MTRN SEC filings?

Official SEC filings for MATERION Corp (CIK: 0001104657) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is MTRN's EPS?

MATERION Corp has a diluted EPS of $3.58.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is MTRN a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, MATERION Corp has a BUY rating with 69% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is MTRN stock overvalued or undervalued?

Valuation metrics for MTRN: ROE of 7.9% (sector avg: 14%), net margin of 4.2% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

Should I buy MTRN stock in 2026?

Our dual AI analysis gives MATERION Corp a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is MTRN's free cash flow?

MATERION Corp's operating cash flow is $103.2M, with capital expenditures of $12.3M. FCF margin is 5.1%.

How does MTRN compare to other Materials stocks?

Vs Materials sector averages: Net margin 4.2% (avg: 10%), ROE 7.9% (avg: 14%), current ratio 3.11 (avg: 1.6).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 2, 2026 | Data as of: 2025-12-31 | Powered by Claude AI