MTRN
Basic MaterialsMaterion Corporation · Industrial Materials · $4B
What is Materion Corporation?
Materion Corporation is a mid-cap advanced materials company headquartered in Mayfield Heights, Ohio. It serves demanding industries including semiconductors, aerospace and defense, consumer electronics, and energy markets across the US, Asia, and Europe.
Materion produces specialized engineered materials — beryllium alloys, precision optical coatings, and advanced microelectronics materials — that go into high-performance applications where standard materials fall short. Revenue comes from three segments: Performance Alloys and Composites, Advanced Materials, and Precision Optics. The company also operates its own bertrandite ore mine in Utah, giving it a degree of vertical integration in its beryllium supply chain.
Materion was founded in 1980 and is headquartered in Mayfield Heights, Ohio.
- Beryllium and non-beryllium engineered alloys in custom shapes
- Vapor deposition targets and microelectronics packaging materials
- Precision thin film coatings and optical filters
- Precious and specialty metal products including ultra-pure wire
- High-temperature braze materials and clad metal preforms
Is MTRN a Good Stock to Buy?
The UQS Score rates MTRN as Below Average overall, reflecting meaningful challenges across several fundamental dimensions.
Growth stands out as the brightest spot in Materion's profile, supported by exposure to secular demand trends in semiconductors, defense, and data centers. Risk registers as Neutral, suggesting the business does not carry outsized financial or operational hazards relative to its peers.
Both the Quality and Moat pillars score Weak, pointing to below-average returns and limited durable competitive advantages — concerns that weigh on the overall composite rating.
Pro members can view the complete pillar breakdown and underlying financial metrics to form a more detailed view. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does MTRN pay dividends?
Yes — Materion Corporation pays a dividend.
Materion pays a regular dividend, which is relatively uncommon among specialty materials companies of its size. This reflects a capital allocation approach that balances returning cash to shareholders alongside reinvestment in its specialized manufacturing capabilities. Income-oriented investors may find the dividend noteworthy, though the payout should be evaluated alongside the company's overall quality profile.
When does MTRN report earnings?
Materion Corporation reports earnings on a quarterly cadence, consistent with standard practice for US-listed equities.
The company's Growth pillar registers as Good, suggesting its revenue trajectory has been constructive relative to sector peers. However, Quality and Moat weaknesses indicate that top-line growth has not consistently translated into strong profitability or pricing power.
For the most recent quarter's results and guidance, visit Materion's official investor relations page.
MTRN Price History
+131.5% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Materion Corporation?
Based on Materion Corporation's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
MTRN Long-term Outlook
Materion's fundamental outlook is shaped by its Good Growth profile against a backdrop of Weak Quality and Moat scores. Demand from semiconductor fabrication, defense electronics, and data center infrastructure provides a credible long-term growth runway. However, the company's limited moat means it may struggle to capture margin expansion even as volumes grow. The Neutral Risk and Valuation labels suggest the stock is neither deeply discounted nor dangerously stretched at current levels.
Growth drivers
- Rising demand for advanced materials in semiconductor and data center buildouts
- Defense and aerospace modernization driving specialty alloy volumes
- Vertical integration in beryllium supply through the Utah mine
Key risks
- Weak moat leaves pricing power vulnerable to competitive pressure
- Quality concerns suggest inconsistent conversion of revenue into returns
- Cyclical end-markets like automotive and consumer electronics can compress demand
MTRN vs Peers
Materion operates in the specialty materials space alongside a range of mining and materials companies at different stages of development.
Skeena is a Canadian precious metals development company focused on gold and silver projects, contrasting with Materion's downstream engineered materials model.
Foran is an early-stage copper and zinc developer, operating at the exploration and development phase rather than Materion's established manufacturing and processing model.
Erdene focuses on gold exploration in Mongolia, representing a very different risk and business-model profile compared to Materion's diversified industrial materials operations.
Frequently Asked Questions
What does Materion Corporation do?
Materion produces advanced engineered materials used in semiconductors, aerospace and defense, consumer electronics, and energy applications. Its three segments cover performance alloys, advanced microelectronics materials, and precision optical coatings. The company also mines bertrandite ore in Utah to supply its beryllium operations.
Does MTRN pay dividends?
Yes, Materion pays a regular dividend. This is relatively uncommon for a specialty materials company of its size. Investors should review the current dividend details on Materion's investor relations page, as payout levels can change with business conditions.
When does MTRN report earnings?
Materion reports on a quarterly cadence, in line with standard US-listed company practice. For the exact timing of upcoming earnings releases, check Materion's investor relations page or a financial calendar service.
Is MTRN a good stock to buy?
The UQS Score rates MTRN as Below Average, driven by Weak Quality and Moat scores despite a Good Growth profile. Whether it suits a particular investor depends on their risk tolerance and portfolio goals. The full pillar breakdown is available to Pro members on UQS Score.
Is MTRN overvalued?
The UQS Valuation pillar for MTRN is rated Neutral, suggesting the stock is neither clearly cheap nor obviously expensive relative to its fundamentals. Investors seeking a deeper look at the valuation metrics behind this label can access the full analysis through a Pro membership.
How does MTRN compare to its competitors?
Materion is a diversified, revenue-generating advanced materials manufacturer, which distinguishes it from earlier-stage mining peers like Skeena Resources and Foran Mining. Its integrated model — from ore mining to finished engineered products — sets it apart from pure exploration companies.
What is MTRN's market cap bracket?
Materion Corporation is classified as a mid-cap company. This places it in a segment of the market that often balances growth potential with more established operations than small- or micro-cap peers, though with less scale than large-cap materials companies.
Who founded Materion Corporation?
Materion Corporation traces its origins to 1980. Detailed founding history, including key individuals involved, is publicly available through the company's official corporate history and investor relations materials.
Is MTRN a long-term quality indicator?
As a long-term quality indicator, MTRN's UQS profile presents a mixed picture. The Good Growth pillar reflects meaningful demand tailwinds, but Weak Quality and Moat scores suggest the business has not yet demonstrated the durable competitive advantages typically associated with high-quality long-term holdings.
What is the main competitive advantage of Materion?
Materion's most distinctive asset is its vertically integrated beryllium supply chain, including its own mine and refinery in Utah. Beryllium is a rare, high-performance material with few global suppliers, which provides some degree of supply-side differentiation — though the UQS Moat pillar currently rates this as Weak overall.
What sector does MTRN belong to?
Materion Corporation belongs to the Basic Materials sector. Within that sector, it occupies a specialty niche focused on advanced engineered materials rather than commodity extraction, serving high-tech end markets including semiconductors, defense, and precision optics.
Is MTRN a growth stock or value stock?
Based on its UQS profile, MTRN leans toward growth characteristics — the Growth pillar is rated Good, reflecting positive demand trends in its end markets. The Valuation pillar is Neutral, meaning it does not screen as a deep-value opportunity. It sits somewhere between the two categories.
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Pro Analysis
MTRN — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 22, 2026 | 43.8 | 30.7 | 31.0 | 71.5 | 58.7 | 35.3 | -0.2 |
| May 20, 2026 | 44.0 | 30.7 | 31.0 | 71.5 | 58.7 | 36.5 | +0.1 |
| May 14, 2026 | 43.9 | 30.7 | 31.0 | 71.5 | 58.7 | 35.6 | +3.5 |
| May 10, 2026 | 40.4 | 8.6 | 31.0 | 71.5 | 42.2 | 65.8 | -0.1 |
| May 8, 2026 | 40.5 | 8.6 | 31.0 | 71.5 | 42.2 | 66.7 | -3.8 |
| May 7, 2026 | 44.3 | 31.6 | 31.0 | 71.5 | 55.9 | 40.1 | -0.1 |
| May 3, 2026 | 44.4 | 31.6 | 31.0 | 71.5 | 55.9 | 40.6 | -0.1 |
| May 2, 2026 | 44.5 | 31.6 | 31.0 | 71.5 | 55.9 | 40.8 | +0.1 |
| Apr 26, 2026 | 44.4 | 31.6 | 31.0 | 71.5 | 55.9 | 40.6 | -0.1 |
| Apr 19, 2026 | 44.5 | 31.6 | 31.0 | 71.5 | 55.9 | 40.9 | -0.5 |
MTRN — Pillar Breakdown
Quality
— 30.7/100 (25%)Materion Corporation currently shows below-average quality metrics, suggesting challenges with profitability.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 71.5/100 (20%)Materion Corporation demonstrates healthy growth trends across revenue and earnings.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 58.7/100 (15%)Materion Corporation maintains a reasonable risk profile with manageable debt levels.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 35.4/100 (15%)Materion Corporation has a mixed valuation — some metrics suggest fair value while others appear stretched.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 31/100 (25%)Materion Corporation operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for MTRN.
Score Composition
Financial Data
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How is the MTRN UQS Score Calculated?
The UQS (Unified Quality Score) for Materion Corporation is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Materion Corporation's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Materion Corporation is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.