Materion Corporation (MTRN)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 325,985 | 312,724 | 320,722 | 328,918 | 349,042 | 367,746 | 361,553 | 359,925 | 343,880 | 318,533 | 310,103 | 292,257 | 283,762 | 266,487 | 237,485 | 214,859 | 192,633 | 191,318 | 212,612 | 237,654 |
| Revenue (ttm) | US$ in thousands | 1,640,521 | 1,651,211 | 1,609,993 | 1,574,968 | 1,633,620 | 1,648,357 | 1,675,646 | 1,725,472 | 1,735,899 | 2,803,789 | 2,384,788 | 1,947,417 | 1,504,455 | 348,644 | 352,178 | 357,767 | 364,481 | 304,953 | 315,512 | 325,994 |
| Gross profit margin | 19.87% | 18.94% | 19.92% | 20.88% | 21.37% | 22.31% | 21.58% | 20.86% | 19.81% | 11.36% | 13.00% | 15.01% | 18.86% | 76.44% | 67.43% | 60.06% | 52.85% | 62.74% | 67.39% | 72.90% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $325,985K ÷ $1,640,521K
= 19.87%
The gross profit margin of Materion Corporation has shown fluctuations over the past few years, as evidenced by the data provided. Historically, the company had a strong gross profit margin, starting at 72.90% in March 2020. However, there was a noticeable decline in the margin over time, with a significant drop to 18.86% in December 2021.
Following the low point in December 2021, there was a gradual recovery in the gross profit margin, reaching 22.31% by September 2023. This improvement continued into the following periods, with the margin stabilizing at around 20-22%.
It is important to note that while the gross profit margin has recovered from its lowest point, it has not yet returned to the levels seen in the earlier periods. This indicates that Materion Corporation may have experienced challenges in maintaining profitability during the period of decline.
Overall, the analysis of Materion Corporation's gross profit margin reflects a mix of challenges and improvements, suggesting a need for continued monitoring and potential strategic adjustments to enhance profitability in the future.