Materion Corporation (MTRN)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 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% | 78.69% | 77.98% | 78.37% | 77.19% |
| Operating profit margin | 8.35% | 8.98% | 8.39% | 7.94% | 6.90% | 3.43% | 3.70% | 3.95% | 5.13% | 19.63% | 13.25% | 9.36% | 2.25% | 5.72% | 8.15% | 13.28% | 21.13% | 19.66% | 23.04% | 20.64% |
| Pretax margin | 6.60% | 7.37% | 6.94% | 6.74% | 5.94% | 3.00% | 3.41% | 3.81% | 5.14% | 20.02% | 13.45% | 9.33% | 2.27% | 5.69% | 8.02% | 12.18% | 19.63% | 6.42% | 9.41% | 7.44% |
| 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% |
Materion Corp has shown a consistent improvement in its profitability ratios over the past quarters. The Gross Profit Margin has been steadily increasing, reaching 20.96% in Q4 2023, indicating the company's ability to efficiently manage production costs and generate profits from sales.
The Operating Profit Margin has also seen a positive trend, with a significant improvement from 6.88% in Q4 2022 to 8.41% in Q4 2023. This demonstrates Materion's effectiveness in controlling operating expenses and maximizing operating income.
Furthermore, the Pretax Margin has been gradually increasing, reflecting the company's ability to manage its pre-tax expenses effectively and generate profits before taxes. The Net Profit Margin has also shown improvement, reaching 5.75% in Q4 2023 compared to 4.89% in Q4 2022, indicating Materion's ability to efficiently generate profits after accounting for all expenses.
Overall, Materion Corp's profitability ratios suggest a positive trend, with improvements in gross, operating, pre-tax, and net profit margins, indicating the company's effective cost management and revenue generation strategies.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 7.74% | 8.46% | 8.09% | 7.98% | 7.08% | 5.64% | 5.18% | 4.62% | 4.80% | 5.79% | 4.09% | 3.05% | 0.78% | 1.61% | 2.47% | 5.12% | 7.85% | 8.23% | 9.58% | 8.51% |
| Return on assets (ROA) | 5.43% | 6.00% | 5.66% | 5.68% | 5.08% | 4.52% | 4.41% | 4.18% | 4.51% | 5.15% | 4.22% | 3.29% | 1.46% | 2.00% | 2.00% | 3.83% | 5.94% | 2.17% | 4.02% | 3.32% |
| Return on total capital | 10.89% | 11.57% | 11.37% | 11.42% | 10.18% | 8.02% | 7.45% | 6.67% | 7.01% | 9.31% | 6.79% | 5.15% | 1.60% | 3.12% | 4.29% | 6.49% | 10.37% | 10.96% | 12.74% | 12.08% |
| Return on equity (ROE) | 10.81% | 12.04% | 11.61% | 11.87% | 10.75% | 10.03% | 10.03% | 9.54% | 10.06% | 8.73% | 7.07% | 5.46% | 2.36% | 3.38% | 3.26% | 5.13% | 8.27% | 3.05% | 5.66% | 4.84% |
Materion Corp's profitability ratios have shown a generally positive trend over the past eight quarters.
1. Operating return on assets (Operating ROA) has steadily increased from 4.68% in Q1 2022 to 8.03% in Q1 2023, indicating that the company has been improving its operational efficiency in generating profits from its assets.
2. Return on assets (ROA) has also shown an upward trend, rising from 4.18% in Q1 2022 to 5.68% in Q1 2023, suggesting that Materion Corp has been effectively utilizing its assets to generate profits.
3. Return on total capital has exhibited consistent growth, increasing from 6.29% in Q1 2022 to 10.86% in Q1 2023, signifying that the company has been efficiently generating returns for its total invested capital.
4. Return on equity (ROE) has experienced fluctuations but has generally improved over the quarters, from 9.54% in Q1 2022 to 11.87% in Q1 2023, indicating that Materion Corp has been delivering higher returns to its shareholders.
Overall, Materion Corp's profitability ratios reflect a positive trajectory, demonstrating that the company has been enhancing its profitability and efficiency in utilizing its assets and capital effectively.