MATERION Corp.
- MTRN · NYSE
- Metal Forgings & Stampings
- Mayfield Hts., OH
- 2,880 employees
- CIK 0001104657
Updated from SEC filings through
Top things to know
Executives
- Jugal Vijayvargiya President & CEO of Materion 8-K, 2026-11-04
-
Jugal K. Vijayvargiya President and CEO 4, 2026-09-09 -
Shelly Marie Chadwick Vice President, Finance & CFO 4, 2026-09-09 - Shelly M. Chadwick Vice President, Finance and Chief Financial Officer 10-K, 2026-02-12
- Melissa A. Fashinpaur Chief Accounting Officer 4, 2026-09-09
- Pankaj Lahoti Chief Information Officer 10-K, 2026-02-12
What leadership is saying
“Our third quarter results demonstrate the power of our advanced materials portfolio and the strong momentum building across the company. The team’s commitment to delivering for our customers across diverse end markets drove double-digit growth in each business segment and resulted in another quarter of record sales and earnings”
Earnings press release (8-K Ex. 99.1), filed November 4, 2026
MATERION Corp is a U.S. public company in metal forgings & stampings (SIC 3460), headquartered in Mayfield Hts., OH. It trades as MTRN on NYSE. Revenue was $1.8B in the fiscal year ending December 31, 2025, +6.0% from the year before. It reported about 2,880 employees. Jugal Vijayvargiya is President & CEO of Materion.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $1.8B 10-K, 2026-02-12 | $1.7B 10-K, 2026-02-12 | $1.7B 10-K, 2026-02-12 | $1.8B 10-K, 2025-02-19 | $1.5B 10-K, 2024-02-15 |
| Operating income | $110M 10-K, 2026-02-12 | $47.2M 10-K, 2026-02-12 | $136M 10-K, 2026-02-12 | $120M 10-K, 2025-02-19 | $77.1M 10-K, 2024-02-15 |
| SG&A | $143M 10-K, 2026-02-12 | $146M 10-K, 2026-02-12 | $158M 10-K, 2026-02-12 | $169M 10-K, 2025-02-19 | $164M 10-K, 2024-02-15 |
| Net income | $74.8M 10-K, 2026-02-12 | $5.9M 10-K, 2026-02-12 | $95.7M 10-K, 2026-02-12 | $86.0M 10-K, 2025-02-19 | $72.5M 10-K, 2024-02-15 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Jugal Vijayvargiya | President & CEO of Materion | 8-K, 2026-11-04 |
| Jugal K. Vijayvargiya President and Chief Executive Officer at Materion Corporation | President and CEO | 4, 2026-09-09 |
| Shelly Marie Chadwick | Vice President, Finance & CFO | 4, 2026-09-09 |
| Shelly M. Chadwick | Vice President, Finance and Chief Financial Officer | 10-K, 2026-02-12 |
| Melissa A. Fashinpaur | Chief Accounting Officer | 4, 2026-09-09 |
| Pankaj Lahoti | Chief Information Officer | 10-K, 2026-02-12 |
| Gregory R. Chemnitz Vice President, General Counsel and Secretary | VP General Counsel & Secretary | 4, 2026-09-09 |
| Craig S. Shular | Board member (per proxy) bio: Director | DEF 14A, 2026-03-26 |
| Darlene J. S. Solomon, Ph.D. | Board member (per proxy) bio: Director | DEF 14A, 2026-03-26 |
| Emily M. Liggett | Board member (per proxy) bio: Director | DEF 14A, 2026-03-26 |
| Patrick Prevost | Board member (per proxy) bio: Director | DEF 14A, 2026-03-26 |
| Robert J. Phillippy | Board member (per proxy) bio: Director | DEF 14A, 2026-03-26 |
| Thomas T. Edman | Board member (per proxy) bio: Director | DEF 14A, 2026-03-26 |
| Vinod M. Khilnani | Board member (per proxy) bio: Non-Executive Chairman of the Board | DEF 14A, 2026-03-26 |
What MATERION Corp does
8 billion in net sales in 2025. The Company was incorporated in Ohio in 1931. Our products are sold into numerous end markets, including semiconductor, industrial, aerospace and defense, automotive, energy, consumer electronics, and life sciences.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 20.9 million (as of October 2, 2026) | 10-Q, November 4, 2026 |
|---|---|---|
| Public float | $1.7B (as of June 27, 2025) | 10-K, February 12, 2026 |
| Reportable segments | 4 (period ending October 2, 2026) | 10-Q, November 4, 2026 |
| Latest proxy statement | Meeting May 7, 2026 (filed March 26, 2026) | DEF 14A, March 26, 2026 |
| Auditor | Ernst & Young LLP (Cleveland, Ohio) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| September 1, 2026 | Emily M. Liggett Director | Sale | 1,012 | $235K | Form 4, September 3, 2026 |
| August 31, 2026 | Vinod M. Khilnani Director | Sale | 2,000 | $470K | Form 4, September 1, 2026 |
| August 7, 2026 | Shelly Marie Chadwick Vice President, Finance & CFO | Sale | 1,705 | $500K | Form 4, August 11, 2026 |
| August 7, 2026 | Jugal K. Vijayvargiya President and CEO | Sale | 24,336 | $7.1M | Form 4, August 11, 2026 |
| August 7, 2026 | Darlene J. S. Solomon Director | Sale | 3,705 | $1.1M | Form 4, August 11, 2026 |
| May 29, 2026 | Robert J. Phillippy Director | Sale | 3,500 | $765K | Form 4, June 1, 2026 |
| May 13, 2026 | Vinod M. Khilnani Director | Sale | 2,500 | $518K | Form 4, May 15, 2026 |
| May 8, 2026 | Shelly Marie Chadwick Vice President, Finance & CFO | Sale | 1,192 | $237K | Form 4, May 12, 2026 |
Recent 8-K events
- 8-K filed 2026-11-04
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-08-05
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-05-07
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-04-29
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-02-12
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-01-23
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2025-12-11
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2025-10-29
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2025-08-21
- Item 1.01 Entry into a material definitive agreement
- 8-K filed 2025-08-12
- Item 5.02 Departure or appointment of directors or officers; compensation
Frequently asked questions about MATERION Corp
- What does MATERION Corp do?
- In its own words, from Item 1 of its 10-K: "8 billion in net sales in 2025. The Company was incorporated in Ohio in 1931. Our products are sold into numerous end markets, including semiconductor, industrial, aerospace and defense, automotive, energy, consumer electronics, and life sciences."
- What is MATERION Corp's revenue?
- $1.8B for the fiscal year ending December 31, 2025, from its 10-K filed February 12, 2026.
- Is MATERION Corp profitable?
- MATERION Corp reported net income of $74.8M for the fiscal year ending December 31, 2025.
- How many employees does MATERION Corp have?
- About 2,880 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of MATERION Corp?
- Jugal Vijayvargiya, President & CEO of Materion, as named in a 8-K filed November 4, 2026.
- Who is the CFO of MATERION Corp?
- Shelly Marie Chadwick, Vice President, Finance & CFO, as named in a 4 filed September 9, 2026.
- Where is MATERION Corp headquartered?
- Mayfield Hts., OH.
- What is MATERION Corp's stock ticker?
- MTRN on NYSE.
- What industry is MATERION Corp in?
- Metal Forgings & Stampings, SIC code 3460.
- What is MATERION Corp's website?
- materion.com.
- When does MATERION Corp report earnings next?
- February 3, 2027. Source: estimate_8k_pattern.
- Is MATERION Corp a public company?
- Yes. MATERION Corp files with the SEC under CIK 0001104657 and trades as MTRN.
- Who audits MATERION Corp?
- Ernst & Young LLP, Cleveland, Ohio, as named in its latest annual report (10-K).
- How many shares of MATERION Corp are outstanding?
- 20.9 million shares as of October 2, 2026, from its 10-Q filed November 4, 2026.
- What is MATERION Corp's public float?
- $1.7B as of June 27, 2025, as reported on the cover of its 10-K filed February 12, 2026.
- How many business segments does MATERION Corp report?
- 4 reportable segments for the period ending October 2, 2026, from its 10-Q filed November 4, 2026.
- When is MATERION Corp's annual shareholder meeting?
- May 7, 2026, per its proxy statement (DEF 14A) filed March 26, 2026.
- Have MATERION Corp insiders traded stock recently?
- Since August 4, 2025, officers and directors reported 20 open-market sales worth about $19.1M and 0 purchases on Forms 4 and 5. The most recent: Emily M. Liggett (Director) sold 1,012 shares on September 1, 2026.