# Materion share price today (Materion Corporation, MTRN) > Materion Corporation's earnings have grown faster than its share price. Earnings per share grew +1,178.6% in a year while the price moved +98.4%. MTRN · Materials · Other Industrial Metals & Mining · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/mtrn Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Turning around, from the last 12 quarters - Price: $227.43 (+98.4% in a year) - P/E: 53.0× (higher than 68% of the last 4.6 years) - Revenue (Jul 2026): $614 M (+42.2% on a year ago) - Profit (Jul 2026): $38.8 M (+54.2% on a year ago) - Operating margin: 8.6% (flat on a year ago) - ROE: 8%, FY25 - ROIC: 8.3%, against a 9.6% cost of capital: −1.3 points The main question: yearly earnings per share moved +1,178.6% while the share price moved +98.4%. ## What is the Materion share price today? Materion Corporation's share price was $227.43 at the close on 3 November 2026. It has been rising for 47 weeks. That is 7.0% above its average price over the last 200 trading days. In the last 52 weeks it traded between $116 and $312, and at that close it sat 57% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 1 week running. Over the last 10 years the share price moved +766% while the S&P 500 moved +255%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 30 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Materion pay? Materion Corporation paid $0.57 per share over the last four reported quarters. The most recent declaration was $0.14 for Jul 2026. At today's price of $227.43 that is a yield of 0.25%, based on dividends already paid, not a forecast. ## Which stock lists is Materion on? Materion is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Materion profitable? Materion Corporation earned $38.8 M of net profit in the Jul 2026 quarter, +54.2% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY25 profit was $74.8 M. Over 4 years profit has grown 0.8% a year on average. That is 6.3% of the quarter's revenue. The same quarter a year earlier earned $25.1 M. 1 of the last 12 reported quarters were loss-making. For the full year, FY25 profit was $74.8 M (+1,170.8% on the year before). Why profit moved: revenue changed +42.2% on a year earlier and the margin moved +0.0 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +25.9% and revenue +21.8%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit. ## How much revenue does Materion make, and is it growing? Materion Corporation reported $614 M of revenue in the Jul 2026 quarter, +42.2% on the same quarter a year earlier. That is the 9th quarter in a row with growth on the year before. Over 4 years it has grown 4.3% a year on average. The last full year, FY25, came in at $1.8 B. The last four reported quarters add to $2.1 B. FY25 revenue was $1.8 B, +6.0% on the year before. Recent pace: the last four quarters grew +21.8% on average, against 4.3% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +21.6%, against +13.3% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +453.5%, against +7.2% a year (accelerating). ## How much of every $100 of sales does Materion keep? Materion Corporation's operating margin was 8.6% in the Jul 2026 quarter, about the same as the same quarter a year ago. Across 5 years it has been between 5.5% and 8.6%. The latest quarter is within that range. In the latest quarter it moved +0.0 percentage points on the same quarter a year ago. Why the margin moved: operating margin changed +0.0 percentage points on the year while gross margin changed −2.1 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is Materion's profit turning into cash? Over the last 3 years, 190% of Materion Corporation's reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $103 M of operating cash against $74.8 M of profit. After $79.6 M of spending on assets, $23.7 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Materion's cash go? Materion Corporation does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $280 M on assets over the last 3 years. Averaged over those years that is 5.2% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $280 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Materion's P/E ratio, and how does it compare with its own history? Materion Corporation's P/E is 53.0×, in the middle of its own history: higher than 68% of past readings. Its usual P/E (the middle reading) is 29.6×, over 4.6 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +1,178.6% while the price moved +98.4%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 3 years the price moved +26.9% a year; about −5.1% a year came from earnings growth and about +32.0 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Materion business getting better or worse? Materion Corporation's business is turning around. Profit growth has swung from −87.8% at its low to +453.5%, rising from a low 5 quarters ago, with ROCE steady at 8.6%. This is based on 12 quarters of 4 measures. Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it. ## How much does Materion earn on its capital? Materion Corporation earned a ROE of 8% in FY25. That is up from a low of 1% in FY24. Its return on capital used (ROIC) is 1.3 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 4.2% net margin and 0.99× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 4.2% net margin × 0.99× asset turnover × 1.91× leverage (assets divided by equity) ≈ 7.9% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 8.3% − 9.6% = −1.3 percentage points. The 9.6% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Materion have too much debt? Materion Corporation has total debt of $512 M against shareholder equity of $995 M as of Jul 2026, so its debt is 0.51× its equity. Year by year, that ratio went from 0.74 in FY21 to 0.57 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the Materion shareholding pattern? 2.6% of Materion Corporation's tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 2.0 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Materion from balance-sheet trouble? For Materion Corporation, the Z-score is 4.52. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 4.52 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does Materion rank in its industry? 56.2 out of 100, rank 6 of 29 in Other Industrial Metals & Mining, with 58% of the evidence available. Materion Corporation scores 56.2 out of 100 against the 29 companies it is compared with in Other Industrial Metals & Mining, ranking 6. Some evidence is missing, so the score is pulled toward the middle on purpose. The four parts add up to the total exactly: 16 + 13.3 + 8.8 + 18.1 = 56.2. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Materion compared with? Materion ranks 6 of 29 Other Industrial Metals & Mining companies on the 4-Factor Sector Score, with 56.2 out of 100. 1. [Teck Resources Limited](https://www.sectoralpha.in/us/stocks/teck) TECK · losing its lead · Most evidence points up · 64% evidence 67.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.4/35 · Revenue 40.5% · Profit n/a · Operating margin change 29.8 points · 62% evidence Capital efficiency 16.2/25 · ROCE 10.3% · Operating margin 43.1% · 76% evidence Valuation 9.1/20 · P/E 16.6× · PEG n/a · 15% evidence Relative strength 19.2/20 · Lead over its industry 51.9% · Lead over S&P 500 3% · 1 year 50.4% · 100% evidence · 6 of 12 weeks ahead Exact sum: 23.4 + 16.2 + 9.1 + 19.2 = 67.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Santacruz Silver Mining Ltd.](https://www.sectoralpha.in/us/stocks/sczm) SCZM · losing its lead · Most evidence points up · 81% evidence 67.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.8/35 · Revenue 39.9% · Profit -32.8% · Operating margin change 12.1 points · 83% evidence Capital efficiency 20.2/25 · ROCE 36.5% · Operating margin 38.8% · 76% evidence Valuation 14.4/20 · P/E 14.2× · PEG 0.41 · 65% evidence Relative strength 14.4/20 · Lead over its industry 11.3% · Lead over S&P 500 -25.8% · 1 year 28.2% · 100% evidence · 10 of 12 weeks ahead Exact sum: 18.8 + 20.2 + 14.4 + 14.4 = 67.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [BHP Group Limited](https://www.sectoralpha.in/us/stocks/bhp) BHP · quiet · Too little evidence to rank firmly · 51% evidence 67.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.2/35 · Revenue n/a · Profit n/a · Operating margin change 5.6 points · 26% evidence Capital efficiency 21.5/25 · ROCE 23.6% · Operating margin 43.3% · 76% evidence Valuation 8.9/20 · P/E 21.2× · PEG n/a · 15% evidence Relative strength 17.4/20 · Lead over its industry 43.7% · Lead over S&P 500 -2.8% · 1 year 41.6% · 100% evidence · 2 of 12 weeks ahead Exact sum: 19.2 + 21.5 + 8.9 + 17.4 = 67 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 4. [Nexa Resources S.A.](https://www.sectoralpha.in/us/stocks/nexa) NEXA · quiet · Evidence leans up · 64% evidence 63.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.9/35 · Revenue 24.3% · Profit n/a · Operating margin change 11.1 points · 62% evidence Capital efficiency 17.1/25 · ROCE 17.5% · Operating margin 19.8% · 76% evidence Valuation 9.6/20 · P/E 5.8× · PEG n/a · 15% evidence Relative strength 15.6/20 · Lead over its industry 35.7% · Lead over S&P 500 -9.3% · 1 year 117.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 20.9 + 17.1 + 9.6 + 15.6 = 63.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Rio Tinto Group](https://www.sectoralpha.in/us/stocks/rio) RIO · quiet · Too little evidence to rank firmly · 51% evidence 61.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.6/35 · Revenue n/a · Profit n/a · Operating margin change 2.9 points · 26% evidence Capital efficiency 18.1/25 · ROCE 14% · Operating margin 28% · 76% evidence Valuation 9.5/20 · P/E 13.5× · PEG n/a · 15% evidence Relative strength 14.8/20 · Lead over its industry 25.9% · Lead over S&P 500 -15.4% · 1 year 17.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 18.6 + 18.1 + 9.5 + 14.8 = 61 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 6. Materion Corporation this page MTRN · losing its lead · Too little evidence to rank firmly · 58% evidence 56.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.0/35 · Revenue n/a · Profit n/a · Operating margin change 0.5 points · 45% evidence Capital efficiency 13.3/25 · ROCE 8.4% · Operating margin 8.6% · 76% evidence Valuation 8.8/20 · P/E 61.3× · PEG n/a · 15% evidence Relative strength 18.1/20 · Lead over its industry 62.7% · Lead over S&P 500 11.4% · 1 year 95.9% · 100% evidence · 5 of 12 weeks ahead Exact sum: 16 + 13.3 + 8.8 + 18.1 = 56.2 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 7. [MP Materials Corp.](https://www.sectoralpha.in/us/stocks/mp) MP · quiet · Evidence leans up · 64% evidence 55.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.1/35 · Revenue 72.3% · Profit n/a · Operating margin change 62.4 points · 62% evidence Capital efficiency 9.4/25 · ROCE -2.5% · Operating margin -14.7% · 76% evidence Valuation 11.5/20 · P/E -104.3× · PEG n/a · 15% evidence Relative strength 11.5/20 · Lead over its industry -2.1% · Lead over S&P 500 -34.7% · 1 year -35.4% · 100% evidence · 0 of 12 weeks ahead Exact sum: 23.1 + 9.4 + 11.5 + 11.5 = 55.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Ferroglobe PLC](https://www.sectoralpha.in/us/stocks/gsm) GSM · quiet · Evidence leans up · 64% evidence 53.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.8/35 · Revenue -8.6% · Profit n/a · Operating margin change 12.7 points · 62% evidence Capital efficiency 11.7/25 · ROCE -2% · Operating margin 15% · 76% evidence Valuation 10.5/20 · P/E -14.7× · PEG n/a · 15% evidence Relative strength 16.2/20 · Lead over its industry 27.5% · Lead over S&P 500 -14.1% · 1 year -1.8% · 100% evidence · 7 of 12 weeks ahead Exact sum: 14.8 + 11.7 + 10.5 + 16.2 = 53.2 · What this means: Relative strength against the index is -14.1%, and revenue and profit growth are weak. 9. [Almonty Industries Inc.](https://www.sectoralpha.in/us/stocks/alm) ALM · quiet · Evidence leans up · 64% evidence 51.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.9/35 · Revenue 100% · Profit n/a · Operating margin change 201.6 points · 62% evidence Capital efficiency 12.2/25 · ROCE 0.3% · Operating margin 37.5% · 76% evidence Valuation 8.6/20 · P/E 63× · PEG n/a · 15% evidence Relative strength 5.3/20 · Lead over its industry -9.8% · Lead over S&P 500 -41% · 1 year 24.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 24.9 + 12.2 + 8.6 + 5.3 = 51 · What this means: Earnings are strong; relative strength in its sector is -9.8% and the one-year return is 24.1%. 10. [Americas Gold and Silver Corporation](https://www.sectoralpha.in/us/stocks/usas) USAS · quiet · Evidence leans down · 64% evidence 49.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.4/35 · Revenue 87.6% · Profit n/a · Operating margin change 50.8 points · 62% evidence Capital efficiency 10.7/25 · ROCE 8% · Operating margin 11% · 76% evidence Valuation 10.9/20 · P/E -29× · PEG n/a · 15% evidence Relative strength 3.7/20 · Lead over its industry -28.5% · Lead over S&P 500 -53.2% · 1 year -30.3% · 100% evidence · 0 of 12 weeks ahead Exact sum: 24.4 + 10.7 + 10.9 + 3.7 = 49.7 · What this means: Earnings are strong; relative strength in its sector is -28.5% and the one-year return is -30.3%. 11. [Sigma Lithium Corporation](https://www.sectoralpha.in/us/stocks/sgml) SGML · quiet · Evidence leans down · 64% evidence 48.6 out of 100 Growth Capital Valuation Relative 12. [Compass Minerals International, Inc.](https://www.sectoralpha.in/us/stocks/cmp) CMP · quiet · Evidence leans down · 74% evidence 48.4 out of 100 Growth Capital Valuation Relative 13. [United States Antimony Corporation](https://www.sectoralpha.in/us/stocks/uamy) UAMY · quiet · Most evidence points down · 64% evidence 31.5 out of 100 Growth Capital Valuation Relative 14. Skeena Resources Limited SKE · losing its lead · Too little evidence to rank firmly · 47% evidence 54.0 out of 100 Growth Capital Valuation Relative 15. Vizsla Silver Corp. VZLA · quiet · Too little evidence to rank firmly · 50% evidence 49.8 out of 100 Growth Capital Valuation Relative 16. [Critical Metals Corp.](https://www.sectoralpha.in/us/stocks/crml) CRML · basing · Too little evidence to rank firmly · 47% evidence 49.3 out of 100 Growth Capital Valuation Relative 17. [Elevra Lithium Limited](https://www.sectoralpha.in/us/stocks/elvr) ELVR · quiet · Too little evidence to rank firmly · 45% evidence 47.3 out of 100 Growth Capital Valuation Relative 18. NioCorp Developments Ltd. NB · quiet · Too little evidence to rank firmly · 50% evidence 46.2 out of 100 Growth Capital Valuation Relative 19. Lithium Americas Corp. LAC · quiet · Too little evidence to rank firmly · 50% evidence 43.5 out of 100 Growth Capital Valuation Relative 20. Western Copper and Gold Corporation WRN · quiet · Too little evidence to rank firmly · 47% evidence 42.7 out of 100 Growth Capital Valuation Relative 21. Lithium Argentina AG LAR · quiet · Too little evidence to rank firmly · 50% evidence 41.5 out of 100 Growth Capital Valuation Relative 22. USA Rare Earth, Inc. USAR · quiet · Too little evidence to rank firmly · 46% evidence 38.5 out of 100 Growth Capital Valuation Relative 23. Evolution Metals & Technologies Corp. EMAT · basing · Too little evidence to rank firmly · 22% evidence 37.1 out of 100 Growth Capital Valuation Relative 24. Blue Moon Metals Inc. BMM · quiet · Too little evidence to rank firmly · 47% evidence 35.7 out of 100 Growth Capital Valuation Relative 25. IperionX Limited IPX · quiet · Too little evidence to rank firmly · 47% evidence 35.6 out of 100 Growth Capital Valuation Relative 26. Trilogy Metals Inc. TMQ · quiet · Too little evidence to rank firmly · 50% evidence 35.5 out of 100 Growth Capital Valuation Relative 27. [REalloys Inc.](https://www.sectoralpha.in/us/stocks/aloy) ALOY · quiet · Too little evidence to rank firmly · 47% evidence 32.1 out of 100 Growth Capital Valuation Relative 28. TMC the metals company Inc. TMC · quiet · Too little evidence to rank firmly · 47% evidence 31.5 out of 100 Growth Capital Valuation Relative 29. Northern Dynasty Minerals Ltd. NAK · quiet · Too little evidence to rank firmly · 50% evidence 29.8 out of 100 Growth Capital Valuation Relative Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Other Industrial Metals & Mining](https://www.sectoralpha.in/us/sectors/other-industrial-metals-mining), all 29 compared on one page. ## Which companies are close to Materion in size? Materion is the 6th largest of 20 Other Industrial Metals & Mining companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Vale S.A., Teck Resources and MP Materials Corp. Just below it: Almonty Industries Inc., Nexa Resources S.A. and Compass Minerals International, Inc. ### Other Industrial Metals & Mining companies close in size 1. [Vale S.A.](https://www.sectoralpha.in/us/stocks/vale) $46.6 billion 2. [Teck Resources Limited](https://www.sectoralpha.in/us/stocks/teck) $30.4 billion 3. [MP Materials Corp.](https://www.sectoralpha.in/us/stocks/mp) $6.7 billion 4. Materion Corporation $4.7 billion 5. [Almonty Industries Inc.](https://www.sectoralpha.in/us/stocks/alm) $2.5 billion 6. [Nexa Resources S.A.](https://www.sectoralpha.in/us/stocks/nexa) $1.5 billion 7. [Compass Minerals International, Inc.](https://www.sectoralpha.in/us/stocks/cmp) $961 million [All 20 Other Industrial Metals & Mining companies, largest first](https://www.sectoralpha.in/us/sectors/other-industrial-metals-mining#all-companies) ### Companies close in size in other industries 1. [Piper Sandler Companies](https://www.sectoralpha.in/us/stocks/pipr) $4.5 billion · Capital Markets 2. [ServisFirst Bancshares, Inc.](https://www.sectoralpha.in/us/stocks/sfbs) $4.5 billion · Banks - Regional 3. Materion Corporation $4.5 billion 4. [CareDx, Inc.](https://www.sectoralpha.in/us/stocks/cdna) $4.5 billion · Diagnostics & Research 5. [Tanger Inc.](https://www.sectoralpha.in/us/stocks/skt) $4.5 billion · REIT - Retail ## What else do people ask about Materion? ### What were Materion's latest quarterly results? Materion Corporation reported revenue of $614 M and net profit of $38.8 M for the Jul 2026 quarter. Revenue rose 42.2% and profit rose 54.2% compared with a year earlier. Earnings per share were $1.84. The operating margin was 8.6%, 0.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is Materion's market cap? Materion Corporation's market capitalisation is $4.7 B at a stock price of $227.43. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Materion performing? Materion Corporation's share price has been rising for 47 weeks. In its latest quarter, revenue rose 42.2% and profit rose 54.2% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 1 week running (as of 3 November 2026). ### Will Materion's stock price go up? This page does not forecast Materion Corporation's stock price. What it shows instead: the stock price is $227.43, and it has been rising for 47 weeks. Its P/E of 53.0× is higher than 68% of its own last 5 years (as of 3 November 2026). ### Is Materion's profit real cash? Yes, over the last 3 years, 190% of Materion Corporation's reported profit came in as cash from operations. The latest year was lower at 138%, so the trend is worth watching. In FY25, operating cash was $103 M against reported profit of $74.8 M. Most of that cash then goes into building new capacity. These are yearly figures (as of 3 November 2026). ### Where is Materion in its business cycle? Materion Corporation's FY25 operating margin was 6.5%, against a 5-year range of 5.5% to 8.6%: the middle of its own range, neither a peak nor a low. The latest quarter was 8.6%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Materion story? The main question: yearly earnings per share moved +1,178.6% while the share price moved +98.4%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Materion a stock worth studying right now? What the numbers show: Materion Corporation's earnings have grown faster than its share price. Earnings per share grew +1,178.6% in a year while the price moved +98.4%. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.