MATERION CorpMTRN

Market cap

$2.6B

P/E ratio

	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Net sales	-	-	-	-	-	-	-	1,208	1,185	1,176	1,511	1,757	1,665	1,685
Cost of sales	-	-	-	-	-	-	-	957	926	984	1,227	1,413	1,316	1,359
Gross margin	215	199	188	206	191	183	211	251	259	193	284	344	349	326
Selling, General and Administrative Expense	131	134	133	137	130	130	146	153	147	134	164	169	158	146
Research and development expense	11	13	13	13	13	13	14	15	18	20	27	29	28	29
Goodwill impairment	-	-	-	-	-	-	-	-	12	9	-	-	-	56
Long-lived asset impairment	-	-	-	-	-	-	-	-	-	-	-	-	-	17
Loss on asset disposal	-	-	-	-	-	-	-	-	-	-	-	-	-	-6
Restructuring Charges	-	-	-	-	-	-	-	6	1	11	-0	2	4	7
Other — net (Note E)	-	-	-	-	-3	-14	-13	-15	-12	-8	-17	-24	-23	-18
Operating profit	57	37	27	57	45	27	39	61	67	8	77	120	136	47
Other non-operating (income) expense — net (Note O)	-	-	-	-	-	-	-	-43	-3	4	5	5	3	2
Interest Expense, Nonoperating	-	-	-	-	-	-	-	-	-	-	-	-	-	35
Income before income taxes	54	34	24	54	43	25	36	16	62	8	77	103	108	15
Income Tax Expense (Benefit)	14	9	4	12	11	-0	25	-5	11	-7	5	17	12	9
Net income	40	25	20	42	32	26	11	21	51	15	72	86	96	6
Earnings Per Share, Basic	1.96	1.21	0.96	2.04	1.6	1.29	0.57	1.03	2.49	0.76	3.55	4.19	4.64	0.28
Earnings Per Share, Diluted	1.93	1.19	0.94	2	1.58	1.27	0.56	1.01	2.45	0.75	3.5	4.14	4.58	0.28