Materion Corporation is headquartered in Mayfield Heights, Ohio. The Company, through its wholly owned subsidiaries, supplies highly engineered advanced enabling materials to global markets. Its unique product portfolio includes high performance alloys, beryllium products, clad metal strip, composite metals, ceramics, inorganic chemicals, microelectronics packaging materials, precision optics, thin film coatings, and thin film deposition materials.
Company profile
Ticker
MTRN
Exchange
Website
CEO
Jugal Vijayvargiya
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
BRUSH ENGINEERED MATERIALS INC
SEC CIK
Corporate docs
Subsidiaries
Egbert Corp. • Materion Newton, Inc. • Materion Advanced Chemicals Inc. • Materion Netherlands B.V. • Materion Advanced Materials Technologies and Services Suzhou Ltd. • Materion Advanced Materials Technologies and Services Corp. • Materion Singapore PTE. Ltd. • Materion Advanced Materials Technologies and Services Inc. • Materion Taiwan Co. Ltd. • Materion Advanced Materials Germany GmbH ...
IRS number
341919973
MTRN stock data
Analyst ratings and price targets
Latest filings (excl ownership)
10-K
2022 FY
Annual report
16 Feb 23
8-K
Materion Corporation Reports Record Fourth Quarter and Full-Year 2022 Financial Results and Provides 2023 Outlook
16 Feb 23
10-Q
2022 Q3
Quarterly report
2 Nov 22
8-K
Materion Corporation Reports Record Third Quarter Results and Updates Full Year 2022 Outlook
2 Nov 22
8-K
Entry into a Material Definitive Agreement
15 Aug 22
10-Q
2022 Q2
Quarterly report
3 Aug 22
8-K
Materion Corporation Reports Record Second Quarter Results and Affirms Full Year 2022 Outlook
3 Aug 22
SD
Conflict minerals disclosure
31 May 22
UPLOAD
Letter from SEC
20 May 22
CORRESP
Correspondence with SEC
10 May 22
Transcripts
MTRN
Earnings call transcript
2022 Q4
16 Feb 23
MTRN
Earnings call transcript
2022 Q3
2 Nov 22
MTRN
Earnings call transcript
2022 Q2
5 Aug 22
MTRN
Earnings call transcript
2022 Q1
30 Apr 22
MTRN
Earnings call transcript
2021 Q4
17 Feb 22
MTRN
Earnings call transcript
2021 Q3
2 Nov 21
MTRN
Earnings call transcript
2021 Q2
7 Aug 21
MTRN
Earnings call transcript
2021 Q1
2 May 21
MTRN
Earnings call transcript
2020 Q4
18 Feb 21
MTRN
Earnings call transcript
2020 Q3
22 Oct 20
Latest ownership filings
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jul 22 | Apr 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 13.10 mm | 13.10 mm | 13.10 mm | 13.10 mm | 13.10 mm | 13.10 mm |
| Cash burn (monthly) | 2.53 mm | 113.42 k | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 6.69 mm | 300.44 k | n/a | n/a | n/a | n/a |
| Cash remaining | 6.41 mm | 12.80 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 2.5 | 112.9 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
2.8% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 191 |
| Opened positions | 21 |
| Closed positions | 25 |
| Increased positions | 68 |
| Reduced positions | 68 |
| 13F shares | Current |
|---|---|
| Total value | 1.67 tn |
| Total shares | 19.81 mm |
| Total puts | 5.40 k |
| Total calls | 3.00 k |
| Total put/call ratio | 1.8 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 3.32 mm | $290.63 bn |
| Vanguard | 2.35 mm | $205.40 bn |
| Dimensional Fund Advisors | 1.28 mm | $111.85 bn |
| Capital Research Global Investors | 1.09 mm | $95.37 bn |
| STT State Street | 973.89 k | $85.22 bn |
| Standard Life Aberdeen | 623.13 k | $54.53 bn |
| Silvercrest Asset Management | 546.94 k | $47.86 bn |
| Trigran Investments | 543.26 k | $47.54 bn |
| ACK Asset Management | 515.50 k | $44.98 bn |
| Copeland Capital Management | 459.80 k | $40.24 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 10 Mar 23 | Khilnani Vinod M | Common Stock | Grant | Acquire A | Yes | No | 0 | 21.132 | 0.00 | 18,573.21 |
| 10 Mar 23 | Khilnani Vinod M | RSU Common Stock | Grant | Acquire A | No | No | 0 | 2 | 0.00 | 1,398 |
| 10 Mar 23 | Solomon Darlene J. S. | RSU Common Stock | Grant | Acquire A | No | No | 0 | 2 | 0.00 | 1,398 |
| 10 Mar 23 | Shular Craig S | Common Stock | Grant | Acquire A | Yes | No | 0 | 51.812 | 0.00 | 45,537.562 |
| 10 Mar 23 | Shular Craig S | RSU Common Stock | Grant | Acquire A | No | No | 0 | 2 | 0.00 | 1,398 |
| 10 Mar 23 | Shelly Marie Chadwick | Common Stock | Payment of exercise | Dispose F | No | No | 107.02 | 1 | 107.02 | 6,341 |
| 10 Mar 23 | Shelly Marie Chadwick | Common Stock | Option exercise | Acquire M | No | No | 0 | 1 | 0.00 | 6,342 |
| 10 Mar 23 | Shelly Marie Chadwick | RSU Common Stock | Grant | Acquire A | No | No | 0 | 17 | 0.00 | 18,935 |
| 10 Mar 23 | Gregory R. Chemnitz | Common Stock | Payment of exercise | Dispose F | No | No | 107.02 | 3 | 321.06 | 19,310 |
| 10 Mar 23 | Gregory R. Chemnitz | Common Stock | Grant | Acquire A | No | No | 0 | 5 | 0.00 | 19,313 |
News
Keybanc Maintains Overweight on Materion, Raises Price Target to $130
17 Feb 23
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16 Feb 23
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16 Feb 23
Earnings Scheduled For February 16, 2023
16 Feb 23
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27 Dec 22
Press releases
Materion Corporation to Hold Annual Shareholder's Meeting May 17
2 Mar 23
Materion Corporation Reports Record Fourth Quarter and Full-Year 2022 Financial Results and Provides 2023 Outlook
16 Feb 23
Materion Corporation to Announce Fourth Quarter and Full Year 2022 Financial Results on Feb. 16
2 Feb 23
Materion Corporation Announces Quarterly Cash Dividend
1 Feb 23