MATERION Corp
Close on Oct 19, 2026
- Market cap
- $5.13B
- P/E (TTM)
- 56.8
- Dividend yield
- 0.23%
About Materion
Metal Forgings & Stampings, SIC 3460
Materion Corporation produces advanced engineered materials for specialized applications across multiple industries, including semiconductors, aerospace, automotive, energy, and consumer electronics. The company operates across four primary business segments: Performance Materials, Electronic Materials, Precision Optics, and Other. Its portfolio includes beryllium and copper alloys, precious and specialty metals, inorganic chemicals, microelectronic packaging components, and thin-film optical coatings. These materials and assemblies are supplied to approximately 800 customers worldwide.
The company conducts manufacturing operations across the United States, Europe, and Asia, complemented by global distribution hubs and direct sales offices. It also operates an extraction and refining facility for bertrandite ore in Utah. Materion employs approximately 2,880 people internationally, with personnel distributed across North America, Europe, the Middle East, Africa, and the Asia-Pacific region. The corporate entity is incorporated in Ohio, where it maintains its corporate operations.
Summary of the business section of Materion's latest annual report, written by StockData.
Company profile
Company
- Legal name
- MATERION Corp
- Founded
- 1931
- Headquarters
- Mayfield Hts., OH
- Address
- 6070 Parkland Blvd. 44124
- Phone
- (216) 383-4931
- Website
- investor.materion.com
- Employees
- 2,880, Dec 31, 2025
- Industry
- Metal Forgings & Stampings
- Incorporated in
- Ohio
- Fiscal year ends
- December 31
- Auditor
- Ernst & Young LLP, Cleveland, Ohio
Stock & identifiers
- Ticker
- MTRN
- Exchange
- NYSE
- Shares outstanding
- 21M, Jul 3, 2026
- Public float
- $1.67B, Jun 27, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 2-for-1, Jun 25, 1984; 3-for-2, Jan 21, 1983
- SEC CIK
- 1104657
- CUSIP
- 576690101
- ISIN
- US5766901012
- LEI
- 549300CJ5RI351SUYT02
- EIN
- 34-1919973
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Jugal K. Vijayvargiya | President and CEO, Director | 116,966 |
| Melissa A. Fashinpaur | Chief Accounting Officer | 310 |
| Shelly Marie Chadwick | Vice President, Finance & CFO | 15,246 |
| Gregory R. Chemnitz | VP General Counsel & Secretary | 11,278 |
| Craig S. Shular | Director | 60,860 |
| Patrick M. Prevost | Director | 18,416 |
| Emily M. Liggett | Director | 4,433 |
| Vinod M. Khilnani | Director | 31,206 |
| Robert J. Phillippy | Director | 15,705 |
| Robert B. Toth | Director | 28,832 |
| Darlene J. S. Solomon | Director | 26,718 |
| N. Mohan Reddy | Director | 47,211 |
| Thomas T. Edman | Director | – |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr. Vijayvargiya | $4.79M | $4.22M | $1.56M | $199 | $146 |
| FY2024 Mr. Vijayvargiya | $5.86M | -$3.61M | $1.54M | $170 | $157 |
| FY2023 Mr. Vijayvargiya | $5.97M | $11.08M | $1.73M | $222 | $157 |
| FY2022 Mr. Vijayvargiya | $4.50M | $5.33M | $1.42M | $150 | $131 |
| FY2021 Mr. Vijayvargiya | $4.45M | $7.85M | $1.48M | $156 | $142 |
| FY2020 Mr. Vijayvargiya | $2.57M | $3.92M | $899.34K | $108 | $121 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“We employed approximately 2,880 people globally as of December 31, 2025.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Nov 1, 2021 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Mar 3, 2011 | Name change | Name changed from BRUSH ENGINEERED MATERIALS INC to MATERION Corp |
| Feb 5, 2008 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| May 16, 2000 | Listing | Registration of securities on an exchange (Form 8-A) |
| Feb 1, 2000 | Merger | Registration of securities for a merger or exchange offer (S-4) |