Materion Corporation (MTRN)

Materion Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	1,665	1,757	1,511	1,176	1,185
Revenue Growth (YoY)	-5.23%	16.32%	28.43%	-0.77%	-1.85%
Cost of Revenue	1,316	1,413	1,227	983.64	922.73
Gross Profit	349.04	343.88	283.76	192.63	262.69
Selling, General & Admin	157.91	169.34	163.78	133.96	147.16
Research & Development	27.54	28.98	26.58	20.28	18.27
Other Operating Expenses	27.15	25.81	16.3	30.17	26.71
Operating Expenses	212.6	224.13	206.65	184.42	192.14
Operating Income	136.44	119.76	77.11	8.22	70.55
Interest Expense / Income	31.32	21.91	4.9	3.88	1.58
Other Expense / Income	-2.71	-5.25	-5.12	-3.94	3.43
Pretax Income	107.83	103.1	77.33	8.28	65.54
Income Tax	12.13	17.11	4.85	-7.19	12.14
Net Income	95.7	85.99	72.47	15.46	53.39
Net Income Growth	11.29%	18.65%	368.72%	-71.04%	153.73%
Shares Outstanding (Basic)	21	21	20	20	20
Shares Outstanding (Diluted)	21	21	21	21	21
Shares Change	0.73%	0.34%	0.42%	-0.25%	0.20%
EPS (Basic)	4.64	4.19	3.55	0.76	2.62
EPS (Diluted)	4.58	4.14	3.50	0.75	2.59
EPS Growth	10.63%	18.29%	366.67%	-71.04%	153.92%
Free Cash Flow	25.19	39.2	-11.79	33.82	72.74
Free Cash Flow Per Share	1.22	1.91	-0.58	1.66	3.57
Dividend Per Share	0.515	0.495	0.475	0.455	0.435
Dividend Growth	4.04%	4.21%	4.40%	4.60%	4.82%
Gross Margin	20.96%	19.57%	18.78%	16.38%	22.16%
Operating Margin	8.19%	6.82%	5.10%	0.70%	5.95%
Profit Margin	5.75%	4.89%	4.80%	1.31%	4.50%
Free Cash Flow Margin	1.51%	2.23%	-0.78%	2.87%	6.14%
Effective Tax Rate	11.25%	16.60%	6.27%	-86.85%	18.53%
EBITDA	200.8	178.44	126.36	54.54	108.23
EBITDA Margin	12.06%	10.16%	8.36%	4.64%	9.13%
Depreciation & Amortization	61.64	53.44	44.14	42.38	41.12
EBIT	139.15	125.01	82.23	12.15	67.12
EBIT Margin	8.36%	7.11%	5.44%	1.03%	5.66%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).