MATERION Corp (MTRN)

Materion Corp. engages in the production of engineered materials used in a variety of electrical, electronic, thermal, and structural applications. It operates through the following business segments: Performance Materials, Electronic Materials, Precision Optics, and Other. The Performance Materials segment provides engineered solutions comprised of beryllium and non-beryllium. The Electronic Materials segment produces chemicals, microelectronics packaging, precious metal, non-precious metal, and specialty metal products. The Precision Optics segment designs and produces precision thin film coatings, optical filters, and assemblies. The Other segment includes unallocated corporate costs and assets. The company was founded in 1931 and is headquartered in Mayfield Heights, OH.

Address

6070 PARKLAND BLVD.
MAYFIELD HTS., OH 44124

Founded

1931

Number of Employees

3,404

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s)
$22,270 $7,129 $4,837 $5,592 $3,578 $5,045 $8,986 $3,220 $3,599 $5,231 - $6,949
Average Price $32.26 $33.60 $26.36 $39.88 $51.30 $53.89 $45.54 $67.86 $83.08 $107.43 - $40.25
# Shares Purchased 690,339 212,165 183,483 140,222 69,758 93,622 197,324 47,450 43,322 48,690 - 172,638
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date 225.5% 212.5% 298.3% 163.3% 104.7% 94.8% 130.6% 54.7% 26.4% -2.3% - 160.9%
S&P 500 Return to Date 181.9% 173.0% 168.6% 129.7% 104.9% 93.1% 74.8% 31.7% 37.3% 31.3% - 102.6%
Excess Total Return 43.6% 39.5% 129.7% 33.6% -0.2% 1.7% 55.7% 23.1% -10.9% -33.6% - 58.2%
Quartile Rank
Percentile Rank 78% 78% 85% 79% 74% 74% 81% 79% 68% 35% - 91%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.