Materion Corp
NYSE:MTRN
Income Statement
Earnings Waterfall
Materion Corp
Revenue
|
1.6B
USD
|
Cost of Revenue
|
-1.3B
USD
|
Gross Profit
|
328.9m
USD
|
Operating Expenses
|
-202.4m
USD
|
Operating Income
|
126.5m
USD
|
Other Expenses
|
-43m
USD
|
Net Income
|
83.6m
USD
|
Income Statement
Materion Corp
Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Apr-2015 | Jul-2015 | Oct-2015 | Dec-2015 | Apr-2016 | Jul-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Apr-2021 | Jul-2021 | Oct-2021 | Dec-2021 | Apr-2022 | Jul-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
1 127
N/A
|
1 108
-2%
|
1 125
+1%
|
1 127
+0%
|
1 158
+3%
|
1 147
-1%
|
1 100
-4%
|
1 025
-7%
|
971
-5%
|
944
-3%
|
949
+1%
|
969
+2%
|
974
+1%
|
1 020
+5%
|
1 065
+4%
|
1 139
+7%
|
1 202
+6%
|
1 216
+1%
|
1 219
+0%
|
1 208
-1%
|
1 206
0%
|
1 195
-1%
|
1 203
+1%
|
1 185
-1%
|
1 162
-2%
|
1 136
-2%
|
1 117
-2%
|
1 176
+5%
|
1 253
+7%
|
1 352
+8%
|
1 453
+7%
|
1 511
+4%
|
1 605
+6%
|
1 680
+5%
|
1 720
+2%
|
1 757
+2%
|
1 751
0%
|
1 704
-3%
|
1 679
-1%
|
1 665
-1%
|
1 608
-3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(942)
|
(920)
|
(925)
|
(921)
|
(945)
|
(933)
|
(896)
|
(835)
|
(789)
|
(768)
|
(767)
|
(785)
|
(790)
|
(827)
|
(867)
|
(927)
|
(975)
|
(981)
|
(974)
|
(957)
|
(943)
|
(924)
|
(933)
|
(923)
|
(924)
|
(920)
|
(921)
|
(984)
|
(1 041)
|
(1 118)
|
(1 190)
|
(1 227)
|
(1 306)
|
(1 362)
|
(1 394)
|
(1 406)
|
(1 391)
|
(1 342)
|
(1 311)
|
(1 316)
|
(1 279)
|
|
Gross Profit |
185
N/A
|
189
+2%
|
199
+5%
|
206
+3%
|
213
+3%
|
214
+1%
|
204
-5%
|
191
-6%
|
182
-5%
|
176
-3%
|
183
+4%
|
185
+1%
|
184
0%
|
194
+5%
|
198
+2%
|
213
+7%
|
228
+7%
|
235
+3%
|
244
+4%
|
251
+3%
|
262
+4%
|
270
+3%
|
270
N/A
|
263
-3%
|
238
-9%
|
215
-9%
|
196
-9%
|
193
-2%
|
211
+10%
|
234
+11%
|
263
+12%
|
284
+8%
|
300
+6%
|
318
+6%
|
326
+3%
|
351
+8%
|
360
+2%
|
362
+0%
|
368
+2%
|
349
-5%
|
329
-6%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(158)
|
(161)
|
(163)
|
(163)
|
(171)
|
(170)
|
(164)
|
(156)
|
(148)
|
(146)
|
(151)
|
(152)
|
(156)
|
(162)
|
(165)
|
(173)
|
(178)
|
(178)
|
(181)
|
(182)
|
(185)
|
(186)
|
(184)
|
(176)
|
(166)
|
(159)
|
(159)
|
(165)
|
(174)
|
(184)
|
(192)
|
(206)
|
(212)
|
(218)
|
(218)
|
(219)
|
(220)
|
(217)
|
(216)
|
(209)
|
(202)
|
|
Selling, General & Administrative |
(131)
|
(133)
|
(135)
|
(137)
|
(144)
|
(143)
|
(138)
|
(130)
|
(123)
|
(120)
|
(126)
|
(129)
|
(132)
|
(138)
|
(140)
|
(144)
|
(149)
|
(150)
|
(153)
|
(154)
|
(155)
|
(157)
|
(154)
|
(147)
|
(138)
|
(131)
|
(130)
|
(134)
|
(140)
|
(145)
|
(153)
|
(164)
|
(167)
|
(170)
|
(165)
|
(165)
|
(166)
|
(163)
|
(164)
|
(158)
|
(153)
|
|
Research & Development |
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(14)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(13)
|
(12)
|
(13)
|
(13)
|
(14)
|
(14)
|
(15)
|
(16)
|
(15)
|
(15)
|
(16)
|
(17)
|
(18)
|
(19)
|
(19)
|
(19)
|
(20)
|
(22)
|
(24)
|
(25)
|
(27)
|
(28)
|
(29)
|
(30)
|
(29)
|
(30)
|
(29)
|
(28)
|
(28)
|
(27)
|
|
Depreciation & Amortization |
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(5)
|
(5)
|
(4)
|
(4)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(4)
|
(5)
|
(6)
|
(8)
|
(10)
|
(12)
|
(12)
|
(12)
|
(12)
|
(13)
|
(13)
|
0
|
|
Other Operating Expenses |
(12)
|
(12)
|
(11)
|
(9)
|
(9)
|
(9)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(6)
|
(6)
|
(7)
|
(7)
|
(10)
|
(10)
|
(10)
|
(10)
|
(11)
|
(13)
|
(12)
|
(12)
|
(9)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(10)
|
(9)
|
(10)
|
(10)
|
(10)
|
(11)
|
(13)
|
(12)
|
(13)
|
(11)
|
(10)
|
(22)
|
|
Operating Income |
27
N/A
|
28
+5%
|
36
+29%
|
43
+18%
|
41
-3%
|
44
+7%
|
40
-10%
|
35
-13%
|
34
-3%
|
30
-11%
|
32
+5%
|
32
+2%
|
29
-11%
|
32
+12%
|
34
+4%
|
40
+19%
|
50
+25%
|
57
+13%
|
64
+12%
|
69
+9%
|
78
+12%
|
84
+9%
|
86
+2%
|
87
+0%
|
72
-16%
|
57
-22%
|
37
-35%
|
28
-24%
|
37
+34%
|
50
+35%
|
71
+41%
|
78
+10%
|
88
+13%
|
100
+13%
|
108
+9%
|
132
+22%
|
140
+6%
|
144
+3%
|
152
+5%
|
140
-8%
|
127
-10%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(2)
|
(3)
|
(2)
|
(1)
|
1
|
3
|
4
|
3
|
2
|
(1)
|
(2)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(2)
|
(2)
|
0
|
1
|
(1)
|
(3)
|
(5)
|
(6)
|
(7)
|
(8)
|
(12)
|
(17)
|
(21)
|
(25)
|
(28)
|
(30)
|
(32)
|
(32)
|
|
Non-Reccuring Items |
2
|
9
|
13
|
13
|
15
|
9
|
5
|
5
|
2
|
1
|
0
|
(2)
|
(3)
|
(3)
|
(3)
|
(1)
|
(1)
|
(1)
|
(1)
|
(6)
|
(6)
|
(6)
|
(20)
|
(15)
|
(28)
|
(31)
|
(19)
|
(22)
|
(8)
|
(6)
|
(4)
|
1
|
(11)
|
(11)
|
(12)
|
(13)
|
(3)
|
(4)
|
(4)
|
(4)
|
(5)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(2)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(43)
|
(42)
|
(45)
|
(44)
|
(3)
|
(2)
|
2
|
3
|
4
|
4
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
4
|
4
|
3
|
3
|
|
Pre-Tax Income |
27
N/A
|
35
+30%
|
47
+35%
|
55
+16%
|
57
+4%
|
56
-2%
|
49
-12%
|
43
-13%
|
37
-13%
|
30
-19%
|
30
-2%
|
25
-15%
|
21
-16%
|
25
+17%
|
26
+5%
|
36
+39%
|
46
+25%
|
51
+11%
|
57
+12%
|
17
-71%
|
25
+52%
|
30
+20%
|
19
-38%
|
66
+250%
|
40
-39%
|
28
-30%
|
21
-24%
|
8
-61%
|
30
+260%
|
44
+46%
|
66
+51%
|
77
+17%
|
74
-4%
|
81
+10%
|
84
+3%
|
103
+23%
|
116
+13%
|
116
+0%
|
121
+4%
|
108
-11%
|
92
-14%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(5)
|
(8)
|
(12)
|
(13)
|
(13)
|
(13)
|
(11)
|
(11)
|
(9)
|
(5)
|
(4)
|
0
|
2
|
0
|
0
|
(8)
|
(10)
|
(11)
|
(8)
|
(7)
|
(8)
|
(9)
|
(13)
|
(12)
|
(7)
|
(5)
|
3
|
7
|
3
|
2
|
(8)
|
(5)
|
(4)
|
(6)
|
(7)
|
(17)
|
(19)
|
(18)
|
(17)
|
(12)
|
(9)
|
|
Income from Continuing Operations |
22
|
27
|
35
|
42
|
44
|
43
|
38
|
32
|
29
|
25
|
26
|
26
|
23
|
25
|
27
|
29
|
36
|
39
|
49
|
10
|
17
|
21
|
6
|
53
|
33
|
23
|
25
|
16
|
34
|
46
|
58
|
73
|
70
|
75
|
77
|
86
|
98
|
99
|
105
|
96
|
84
|
|
Net Income (Common) |
22
N/A
|
27
+27%
|
35
+28%
|
42
+21%
|
44
+4%
|
43
-2%
|
38
-12%
|
32
-15%
|
29
-11%
|
25
-13%
|
26
+2%
|
26
+0%
|
23
-9%
|
25
+8%
|
27
+5%
|
12
-57%
|
19
+65%
|
23
+20%
|
34
+47%
|
21
-37%
|
27
+30%
|
32
+16%
|
15
-52%
|
53
+249%
|
33
-39%
|
23
-30%
|
25
+9%
|
16
-38%
|
34
+116%
|
46
+36%
|
58
+28%
|
73
+24%
|
70
-4%
|
75
+8%
|
77
+2%
|
86
+12%
|
98
+14%
|
99
+1%
|
105
+7%
|
96
-9%
|
84
-13%
|
|
EPS (Diluted) |
1.02
N/A
|
1.29
+26%
|
1.66
+29%
|
2.02
+22%
|
2.12
+5%
|
2.09
-1%
|
1.84
-12%
|
1.58
-14%
|
1.4
-11%
|
1.23
-12%
|
1.27
+3%
|
1.27
N/A
|
1.16
-9%
|
1.25
+8%
|
1.31
+5%
|
0.56
-57%
|
0.92
+64%
|
1.1
+20%
|
1.62
+47%
|
1.01
-38%
|
1.33
+32%
|
1.53
+15%
|
0.73
-52%
|
2.59
+255%
|
1.58
-39%
|
1.11
-30%
|
1.21
+9%
|
0.75
-38%
|
1.62
+116%
|
2.21
+36%
|
2.82
+28%
|
3.5
+24%
|
3.38
-3%
|
3.63
+7%
|
3.71
+2%
|
4.14
+12%
|
4.69
+13%
|
4.72
+1%
|
5.03
+7%
|
4.58
-9%
|
3.99
-13%
|