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MTRN Price Correlated With Financials For Materion

Free historical financial statements for Materion Corp. See how revenue, income, cash flow, and balance sheet financials have changed over 43 quarters since 2012. Compare with MTRN stock chart to see long term trends.

MTRN Stock Compared to Quarterly

MTRN Income Statement

Revenue, Net:428191000
Revenue Per Share:20.8587
Cost of Goods & Services Sold:345448000
Gross Profit:82743000
Selling, General & Admin Expense:38958000
Research & Development Expense:7430000
Operating Income:29097000
Income Taxes:4432000
Net Income:19952000
Earnings Per Share, Basic:0.97
Shares Outstanding, Basic Avg:20528138

MTRN Cash Flow

Operating Activities Net Income:
Depreciation, Depletion & Amortization:13153000
Change in Accounts Receiveable:18398000
Net Cash from Operations:12789000
Net Cash from Operations Per Share:0.623
Repurchases/Buybacks Common Stock:null
Cash Dividends Paid:2472000
Net Cash from Financing Activities:-7069000
Property, Plant & Equipment Purchases:16506000
Net Cash from Investing Activities:-15784000
Net Change in Cash & Equivalents:-11493000

MTRN Balance Sheet

Cash and Cash Equivalents:20682000
Accounts Receivable, Net:238975000
Inventories:420299000
Total Current Assets:709664000
Property, Plant & Equipment, Net:426107000
Total Assets:1702323000
Accounts Payable:96482000
Current Portion of Long-Term Debt:19747000
Total Short-Term Liabilities:202290000
Long Term Debt, Non-Current Portion:474280000

Major Holders (from 13F filings)

Investment Type
Change
Value (x$1000)
increase or decrease
Blackrock Inc.
3,255,996 sh
-51,622 sh
-2%
$260,480
$16,609
Vanguard Group Inc
2,310,705 sh
39,585 sh
2%
$184,856
$17,406
Dimensional Fund Advisors LP
1,298,369 sh
4,519 sh
0%
$103,869
$8,475
State Street Corp
1,025,761 sh
110,830 sh
12%
$82,061
$14,603
Standard Life Aberdeen Plc
624,926 sh
-110,206 sh
-15%
$49,994
-$3,605
William Blair Investment Management, LLC
501,343 sh
-15,588 sh
-3%
$40,107
$1,994
Silvercrest Asset Management Group LLC
497,284 sh
497,284 sh
NEW
$39,783
$39,783
Trigran Investments, Inc.
477,480 sh
169,770 sh
55%
$38,198
$15,510
Bank Of New York Mellon Corp
473,399 sh
-14,090 sh
-3%
$37,872
$1,930
Copeland Capital Management, LLC
427,390 sh
6,590 sh
2%
$34,191
$3,165
Ameriprise Financial Inc
420,228 sh
-35,664 sh
-8%
$33,618
$6
Ack Asset Management LLC
419,700 sh
 
$33,576
Northern Trust Corp
397,071 sh
-41,437 sh
-9%
$31,765
-$5,833
Amundi
366,335 sh
1,885 sh
1%
$31,329
$5,125
Nuveen Asset Management, LLC
365,267 sh
-11,020 sh
-3%
$29,221
$1,477
Geode Capital Management, LLC
351,410 sh
6,176 sh
2%
$28,112
$2,658
Barrow Hanley Mewhinney & Strauss LLC
322,636 sh
-8,975 sh
-3%
$25,811
$1,361
Gamco Investors, Inc. Et Al
281,650 sh
-850 sh
0%
$22,532
-$1,690
AIGH Capital Management LLC
241,189 sh
60,000 sh
33%
$19,295
$5,936
Charles Schwab Investment Management Inc
236,844 sh
-288 sh
0%
$18,948
$1,464
COMPANY PROFILE
Significant Accounting Policies Organization: Materion Corporation (the Company) is a holding company with subsidiaries that have operations in the United States, Europe, and Asia. These operations manufacture advanced engineered materials used in a variety of end markets, including semiconductor, industrial, aerospace and defense, automotive, energy, consumer electronics, and telecom and data center. The Company has four reportable segments: Performance Alloys and Composites, Advanced Materials, Precision Optics, and Other. Other includes unallocated corporate costs.

Refer to Note C for additional segment details. The Company distributes its products through a combination of company-owned facilities and independent distributors and agents.

Business Combinations: The Company records assets acquired and liabilities assumed at the date of acquisition at their respective fair values. Intangible assets acquired in a business combination are recognized and reported apart from goodwill. Goodwill represents the excess purchase price over the fair value of the tangible net assets and intangible assets acquired in a business combination. Acquisition-related expenses are recognized separately from the business combination and are expensed as incurred.

The amounts reflected in Note B are the results of the preliminary purchase price allocation for the HCS-Electronic Materials acquisition and will be updated upon completion of the final valuation. The Company is required to complete the purchase price allocation within 12 months of the acquisition date. If such completion of the allocation results in a change in the preliminary values, the measurement period adjustment will be recognized in the period in which the adjustment amount is determined.

Use of Estimates: The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results may differ from those estimates.

Consolidation: The Consolidated Financial Statements include the accounts of Materion Corporation and its subsidiaries. All of the Company’s subsidiaries were wholly owned as of December 31, 2021. Intercompany accounts and transactions are eliminated in consolidation.

Cash Equivalents: All highly liquid investments with a maturity of three months or less when purchased are considered to be cash equivalents.

Accounts Receivable: An allowance for doubtful accounts is maintained for the expected losses resulting from the inability of customers to pay amounts due. The Company considers the current market conditions and credit losses related to the Company's trade receivables based on the macroeconomic environment, geographic considerations, and other expected market trends. Additionally, the allowance is based upon identified delinquent accounts, customer payment patterns, and other analyses of historical data and trends. Accounts receivable were net of an allowance for credit losses of $0.5 million at both December 31, 2021 and 2020. The change in the allowance for credit losses includes expense and net write-offs, neither of which were material. The Company extends credit to customers based upon their financial condition, and collateral is not generally required.

Inventories: Inventories are stated at lower of cost or net realizable value. All of the Company's inventories, except for its bertrandite ore mine which values inventory using a weighted average cost method, including raw materials, manufacturing supplies inventory as well as international (outside the U.S.) inventories, have been valued using the first-in, first-out (FIFO) method as of December 31, 2021 and 2020.

Property, Plant, and Equipment: Property, plant, and equipment is stated on the basis of cost. Depreciation is computed principally by the straight-line method, except certain assets for which depr

Data imported from Materion Corp SEC filings. Check original filings before making any investment decision.