Materion Corporation (MTRN)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 95,702 | 104,998 | 98,386 | 97,559 | 85,990 | 76,909 | 75,113 | 69,726 | 72,474 | 60,857 | 48,172 | 36,107 | 15,462 | 21,742 | 20,793 | 32,383 | 53,394 | 18,220 | 33,664 | 27,415 |
| Revenue (ttm) | US$ in thousands | 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 | 333,810 | 351,719 | 347,825 | 339,962 |
| Net profit margin | 5.86% | 6.37% | 5.87% | 5.65% | 4.95% | 2.74% | 3.15% | 3.58% | 4.82% | 17.46% | 13.68% | 10.09% | 4.24% | 7.13% | 6.59% | 9.93% | 16.00% | 5.18% | 9.68% | 8.06% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $95,702K ÷ $1,633,620K
= 5.86%
The net profit margin of Materion Corp has shown a generally positive trend over the past eight quarters, gradually improving from 4.34% in Q1 2022 to 6.25% in Q3 2023. The company's ability to generate profit from its revenue has been strengthening, as evidenced by the increasing net profit margin.
On average, Materion Corp achieved a net profit margin of 5.23% over the past eight quarters. This indicates that, on average, the company retains around 5.23 cents of profit for every dollar of revenue generated. A consistently positive net profit margin is a favorable sign, reflecting the efficiency of the company's operations and its ability to control costs relative to its revenue.
The recent peak of 6.25% in Q3 2023 suggests a particularly strong performance during that period, potentially driven by effective cost management, revenue growth, or a combination of both factors. It will be important for Materion Corp to sustain or improve upon this level of profitability to ensure long-term financial health and shareholder value.
Overall, the analysis of Materion Corp's net profit margin indicates a positive trend in profitability, with the company demonstrating an ability to convert revenue into profit effectively. Sustaining this trend will be key for the company's continued success in the market.