Financials Materion Corporation

Equities

MTRN

US5766901012

Diversified Mining

Real-time Estimate Cboe BZX Other stock markets 01:21:06 2026-04-21 pm EDT			5-day change	1st Jan Change
177.80 ^USD	-1.74%		+8.13%	+43.85%

Feb. 25	Materion Insider Sold Shares Worth $1,311,637, According to a Recent SEC Filing	MT
Feb. 20	Materion Insider Sold Shares Worth $1,925,726, According to a Recent SEC Filing	MT

Projected Income Statement: Materion Corporation

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	1,511	1,757	1,665	1,685	1,787	2,021	2,175	2,328
Change	-	16.32%	-5.23%	1.17%	6.04%	13.11%	7.61%	7.03%
EBITDA ¹	138.4	196	217.7	221.2	217	246.1	271.6	-
Change	-	41.58%	11.07%	1.61%	-1.9%	13.43%	10.33%	-
EBIT ¹	94.3	137.4	153.3	150.1	145.5	170.3	196.6	-
Change	-	45.66%	11.64%	-2.1%	-3.08%	17.05%	15.43%	-
Interest Paid ¹	-4.901	-21.9	-31.32	-34.76	-30.69	-29.5	-28.43	-
Earnings before Tax (EBT) ¹	77.32	103.1	107.8	14.9	81.54	140.2	162.9	-
Change	-	33.33%	4.59%	-86.18%	447.18%	71.88%	16.23%	-
Net income ¹	72.47	85.99	95.7	5.888	74.82	121.7	144.2	-
Change	-	18.65%	11.29%	-93.85%	1,170.77%	62.61%	18.52%	-
Announcement Date	2/17/22	2/16/23	2/15/24	2/19/25	2/12/26	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3	2027 Q4
Net sales ¹	354.4	371	388	397.2	449	445.3	428.2	434.6	442.5	398.6	403.1	421	385.3	425.9	436.7	436.9	420.3	431.7	444.8	489.8	479	502.1	513	526.9	524	526.7	531.5	543.5
Change	-	4.69%	4.59%	2.37%	13.04%	-0.84%	-3.84%	1.49%	1.83%	-9.94%	1.13%	4.46%	-8.49%	10.53%	2.55%	0.04%	-3.79%	2.7%	3.05%	10.1%	-2.19%	4.81%	2.18%	2.71%	-0.55%	0.52%	0.91%	2.26%
EBITDA ¹	28.7	31.26	40.02	38.46	44.6	47	48.8	55.6	53.4	55.5	55.4	53.3	45.2	57.8	56.7	61.5	48.7	55.8	55.5	57	53.42	61.32	64.26	67.22	59.3	64.9	70.3	69.8
Change	-	8.94%	27.99%	-3.89%	15.97%	5.38%	3.83%	13.93%	-3.96%	3.93%	-0.18%	-3.79%	-15.2%	27.88%	-1.9%	8.47%	-20.81%	14.58%	-0.54%	2.7%	-6.28%	14.79%	4.79%	4.61%	-11.78%	9.44%	8.32%	-0.71%
EBIT ¹	20.1	20.8	26.6	26.8	30.31	32.86	34.5	39.69	37.54	38.44	40.3	37.64	28.35	40.66	38.1	43.65	31.5	37.72	37.24	38.94	33.25	42.88	45.28	48.92	40.8	46.4	51.8	51.3
Change	-	3.48%	27.88%	0.75%	13.08%	8.43%	4.98%	15.06%	-5.42%	2.41%	4.83%	-6.6%	-24.68%	43.43%	-6.3%	14.57%	-27.85%	19.76%	-1.26%	4.55%	-14.61%	28.95%	5.6%	8.06%	-16.61%	13.73%	11.64%	-0.97%
Charge d'intérêts ¹	-0.761	-0.858	-0.861	-2.421	-3.735	-4.701	-5.888	-7.58	-7.502	-7.641	-7.678	-8.503	-8.279	-8.802	-8.839	-8.844	-6.917	-8.23	-7.544	-8.001	-7.467	-7.5	-7.367	-7.167	-7.7	-7.7	-7.7	-7.7
Earnings before Tax (EBT) ¹	20.23	21.14	21.58	14.37	17.04	28.33	24.38	33.35	30.17	28.43	29.53	19.71	14.61	23.9	23.06	-46.67	20.94	29.16	28.11	3.331	24.8	35.35	39.1	40.95	33.1	38.6	44.1	43.6
Change	-	4.49%	2.06%	-33.4%	18.56%	66.24%	-13.92%	36.77%	-9.54%	-5.76%	3.86%	-33.26%	-25.84%	63.55%	-3.51%	-302.38%	144.87%	39.21%	-3.59%	-88.15%	644.52%	42.54%	10.61%	4.73%	-19.17%	16.62%	14.25%	-1.13%
Net income ¹	16.77	17.87	18.16	19.68	14.02	23.26	19.95	28.76	25.59	24.08	26.56	19.47	13.41	19.04	22.29	-48.85	17.7	25.14	25.41	6.573	22.07	30.47	33.27	35.83	28.6	33.4	38.1	37.7
Change	-	6.57%	1.61%	8.41%	-28.78%	65.88%	-14.2%	44.17%	-11.04%	-5.89%	10.31%	-26.71%	-31.12%	41.96%	17.11%	-319.12%	136.23%	42.05%	1.08%	-74.13%	235.72%	38.07%	9.19%	7.72%	-20.19%	16.78%	14.07%	-1.05%
Announcement Date	4/29/21	8/3/21	11/2/21	2/17/22	4/28/22	8/3/22	11/2/22	2/16/23	5/3/23	8/2/23	11/1/23	2/15/24	5/1/24	8/5/24	10/30/24	2/19/25	5/1/25	7/30/25	10/29/25	2/12/26	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Materion Corporation

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt	435	-	413	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	2/17/22	2/16/23	2/15/24	2/19/25	2/12/26	-	-	-

Estimates

Cash Flow Forecast: Materion Corporation

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	102.9	77.61	110.6	80.81	79.57	83.33	86.67	69.8
Change	-	-24.59%	42.45%	-26.9%	-1.54%	4.73%	4%	-19.46%
Free Cash Flow (FCF) ¹	-12.67	16.59	19.6	7.009	23.68	110	124.6	202.8
Change	-	230.97%	18.12%	-64.24%	237.79%	364.61%	13.24%	62.8%
Announcement Date	2/17/22	2/16/23	2/15/24	2/19/25	2/12/26	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Materion Corporation

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	-	9.16%	11.15%	13.07%	13.13%	12.15%	12.18%	12.49%	-
EBIT Margin (%)	-	6.24%	7.82%	9.21%	8.91%	8.14%	8.43%	9.04%	-
EBT Margin (%)	-	5.12%	5.87%	6.48%	0.88%	4.56%	6.94%	7.49%	-
Net margin (%)	-	4.8%	4.89%	5.75%	0.35%	4.19%	6.02%	6.63%	-
FCF margin (%)	-	-0.84%	0.94%	1.18%	0.42%	1.33%	5.44%	5.73%	8.71%
FCF / Net Income (%)	-	-17.48%	19.3%	20.48%	119.04%	31.64%	90.41%	86.38%	-
Profitability
ROA	2.77%	4.45%	5.21%	5.18%	4.92%	4.12%	-	-	-
ROE	2.38%	10.53%	11.31%	11.36%	0.67%	8.26%	-	-	-
Financial Health
Leverage (Debt/EBITDA)	-	3.14x	-	1.9x	-	-	-	-	-
Debt / Free cash flow	-	-34.36x	-	21.07x	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	6.81%	4.42%	6.64%	4.8%	4.45%	4.12%	3.99%	3%
CAPEX / EBITDA (%)	-	74.34%	39.6%	50.78%	36.53%	36.67%	33.86%	31.91%	-
CAPEX / FCF (%)	-	-812.3%	467.72%	564.03%	1,152.92%	336.07%	75.76%	69.57%	34.42%
Items per share
Cash flow per share ¹	-	-	-	-	-	4.937	-	-	-
Change	-	-	-	-	-	-	-	-	-
Dividend per Share ¹	-	0.475	0.495	0.515	0.535	0.555	0.575	0.595	-
Change	-	-	4.21%	4.04%	3.88%	3.74%	3.6%	3.48%	-
Book Value Per Share ¹	-	35.24	-	-	41.85	45.49	50.68	58.53	-
Change	-	-	-	-	-	8.71%	11.4%	15.49%	-
EPS ¹	-	3.5	4.14	4.58	0.28	3.58	5.807	6.86	-
Change	-	-	18.29%	10.63%	-93.89%	1,178.57%	62.2%	18.14%	-
Nbr of stocks (in thousands)	-	20,439	20,528	20,642	20,751	20,733	20,801	20,801	-
Announcement Date	-	2/17/22	2/16/23	2/15/24	2/19/25	2/12/26	-	-	-