Materion Corp (N:MTRN)

Sector:  Basic Materials Industry:  Integrated Mining
 
See Regulatory Filings on SEC
Company Contact
Address: 6070 Parkland Blvd
MAYFIELD HEIGHTS OH 44124-4191
Tel: N/A
Website: https://materion.com
IR: See website
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Key People
Jugal K. Vijayvargiya
President, Chief Executive Officer, Director
Shelly Marie Chadwick
Chief Financial Officer, Vice President - Finance
Gregory R. Chemnitz
Vice President, General Counsel, Secretary
Business Overview
Materion Corporation provides advanced materials solutions for various industries, including semiconductor, industrial, aerospace and defense, energy and automotive. The Company's segments include Performance Materials, Electronic Materials, Precision Optics, and Other. Performance Materials segment provides advanced engineered solutions comprised of beryllium and non-beryllium containing alloy systems and custom engineered parts in strip, bulk, rod, plate, bar, tube, and other customized shapes produced at manufacturing facilities located throughout the United States and Europe. Electronic Materials segment produces advanced chemicals, microelectronics packaging, precious metal, non-precious metal, and specialty metal products, including vapor deposition targets, frame lid assemblies, clad and precious metal pre-forms, high temperature braze materials, and ultrapure wire. Precision Optics segment designs and produces precision thin film coatings, optical filters, and assemblies.
Financial Overview
For the fiscal year ended 31 December 2023, Materion Corp revenues decreased 5% to $1.67B. Net income increased 11% to $95.7M. Revenues reflect Advanced Materials segment decrease of 17% to $805.8M, Precision optics and Coating segment decrease of 9% to $103.9M, Asia segment decrease of 22% to $406.1M, United States segment decrease of 6% to $815.4M. Net income reflects Interest Capitalized increase from $1.1M to $3M (income).
Employees: 3,404 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $2,909M as of Dec 31, 2023
Annual revenue (TTM): $1,665M as of Dec 31, 2023
EBITDA (TTM): $202.14M as of Dec 31, 2023
Net annual income (TTM): $95.70M as of Dec 31, 2023
Free cash flow (TTM): $13.92M as of Dec 31, 2023
Net Debt Last Fiscal Year: $426.62M as of Dec 31, 2023
Shares outstanding: 20,730,895 as of Mar 15, 2024
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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