Materion
MTRN · NYSE · Basic Materials
$251.53
+$1.06 (+0.42%) today
Market Cap
$5.24B
24h Volume
$107.5M
P/E Ratio
58.8
52w High
$297.21
52w Low
$111.13
Est. AI Revenue
12%
7-Day Sparkline (Static)
Company facts
Performance
About Materion
Materion supplies advanced engineered materials: specialty alloys, precious and non-precious metal products, thin-film deposition targets, and precision optical coatings. It makes money selling these high-performance inputs to semiconductor, aerospace and defense, industrial, and energy customers. Many of its products are consumed during manufacturing, tying revenue to customer production volumes.
Its Electronic Materials segment makes the deposition targets and specialty metal products used in chip fabrication, its largest end market. Performance Materials supplies beryllium products and ToughMet alloys, and Precision Optics provides thin-film coated optical components. Semiconductor demand flows through both fab deposition steps and packaging materials.
Founded in 1931 as the Brush Beryllium Company and renamed Materion in 2011, the company is headquartered in Mayfield Heights, Ohio, employs roughly 3,000 people, and trades on the NYSE.
Materion in the AI buildout
Materion sits in the Raw Materials and Chip Equipment layers of the AI buildout. Its thin-film deposition targets and specialty metal products are consumed inside semiconductor fabs, its largest end market, and demand rises as AI chips push more deposition-intensive processes. Clad and specialty materials also reach data center optical and electronic hardware. Defense, aerospace, and industrial markets take the rest of its output, which keeps AI a tailwind rather than the core driver.
MTRN is tracked in Raw Materials & Mining and Chip Equipment & Foundries, rated Peripheral on the AI Exposure leaderboard.
By the numbers
52-week range
MTRN trades at $251.53, 75% of the way up its 52-week range of $111.13 to $297.21.
Market cap
Market capitalization is $5.24B, with an AI Exposure Score of 28 out of 100.
Valuation vs peers
Its P/E ratio of 58.8 is above the Raw Materials & Mining category median of 29.7.
Next earnings
Materion is next expected to report earnings on October 28, 2026.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does Materion do?
Materion makes advanced engineered materials, including thin-film deposition targets for chipmaking, beryllium products, ToughMet alloys, clad metals, and precision optical coatings. It sells to semiconductor, aerospace and defense, industrial, and energy customers.
How is Materion exposed to AI?
Semiconductor fabrication is Materion's largest end market, and AI-driven chip production consumes its deposition targets and specialty metals. Diversified defense, aerospace, and industrial demand dilutes the link. Supercycle rates it Peripheral with an AI Exposure Score of 28 out of 100.
Is MTRN a pure play AI stock?
No. Materion is a diversified advanced materials company. Semiconductor demand, including AI-related production, is its biggest single market, but defense, aerospace, industrial, and energy customers together account for most of the business.
Who leads Materion?
Jugal Vijayvargiya is Materion's president and CEO. The company was founded in 1931 as the Brush Beryllium Company, took the Materion name in 2011, and is headquartered in Mayfield Heights, Ohio with roughly 3,000 employees.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.
Related reading
- What are AI infrastructure stocks? The 12 layers, explained · AI infrastructure stocks are the companies paid to build AI compute: chips, memory, networking, data centers, cooling and power. The 12 layers and the catch.