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Materion MTRN Electronic Materials — Goodwill impairment

Other segment segments

Performance Materials
$0
Precision Optics
$0-100%

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Other financials

Income statement

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Revenue$613.9M+42.2%
Gross profit$104.3M+26.2%
Operating income$51.7M+40.4%
Net income$38.8M+54.2%
EPS (diluted)$1.84+52.1%

Balance sheet

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Cash & equivalents$20.0M+58.7%
Total debt$511.5M0.0%
Total equity$994.9M+9.2%
Total assets$1.9B+7.4%

Cash flow

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Operating cash flow$74.8M+49.8%
CapEx$14.5M+14.6%
Free cash flow$60.3M+61.8%

Valuation

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Market cap$5.8B+156%
Enterprise value$6.29B+128%
P/E64.3×
P/S2.8×+1.5×

Profitability

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Gross margin16%-3.3pp
Operating margin6%
Net margin4.3%
FCF margin2.4%-2.9pp

Returns & leverage

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Return on equity9.5%
Debt / equity0.5×0.0×
Current ratio2.9×-0.2×

Where this comes from

Reported directly by Materion in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The source filing: Materion’s 10-K, filed February 12, 2026.

Filed
Feb 12, 2026, 4:54 PM EST
Fiscal year
FY2025
Accession
0001104657-26-000011
Line itemPerformance MaterialsElectronic MaterialsPrecision OpticsOtherConsolidated
Less:
Cost of sales541,346746,18771,199221,358,754
Selling, general and administrative expense57,36840,62320,66226,935145,588
Goodwill impairment56,06756,067
Long-lived asset impairment17,13417,134
Loss on asset disposal6,4126,412
Other segment items (2)14,19223,12513,7425951,118
Plus:

Item 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Materion's electronic materials — goodwill impairment?
Materion (MTRN) reported electronic materials — goodwill impairment of $0 in Q4 2025.
What does electronic materials — goodwill impairment mean?
Represents the non-cash charge recognized when the carrying value of goodwill associated with the electronic materials business segment exceeds its implied fair value. This metric serves as a critical indicator of potential overpayment for past acquisitions or a decline in the long-term economic prospects of the segment's specialized material technologies.

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