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MTRN · NYSE · United States · Metal Forgings & Stampings
In shortMATERION Corp is profitable, generates cash and carries moderate debt, with revenue growing (+6.0% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 6.1% | 37/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 4.2% | 37/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 8.3% | 41/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 7.2% | 48/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 3.11× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.49× | 84/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 2.49× | 43/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 3.58× | 20/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 5.16 | 100/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 5.8% | 43/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.38× | 100/100 |
| Years with positive free cash flow (last 5) | 4 of 5 | 75/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 13.3% | 62/100 |
| Operating margin volatility | 2.0% | 91/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 0.6% | 20/100 |
|---|---|---|
| EPS growth, 3-year average | -4.7% | 1/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 1,511 | 1,757 | 1,665 | 1,685 | 1,787 |
| Cost of revenue | 1,227 | 1,413 | 1,316 | 1,359 | 1,478 |
| Gross profit | 284 | 344 | 349 | 326 | 309 |
| Research & development | 27 | 29 | 28 | 29 | 26 |
| Selling, general & admin | 164 | 169 | 158 | 146 | 143 |
| Operating income | 77 | 120 | 136 | 47 | 110 |
| Interest expense | – | 22 | 31 | 35 | 31 |
| Pre-tax income | 77 | 103 | 108 | 15 | 82 |
| Income tax | 4.9 | 17 | 12 | 9 | 6.7 |
| Net income | 72 | 86 | 96 | 5.9 | 75 |
| Diluted EPS | $3.50 | $4.14 | $4.58 | $0.28 | $3.58 |
| Diluted shares (millions) | 21 | 21 | 21 | 21 | 21 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
5.16 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jul 3, 2026 · Data updated Aug 5, 2026