GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Materion Corp (NYSE:MTRN) » Definitions » Property, Plant and Equipment

Materion (Materion) Property, Plant and Equipment : $572 Mil (As of Dec. 2023)


View and export this data going back to 1994. Start your Free Trial

What is Materion Property, Plant and Equipment?

Materion's quarterly net PPE increased from Jun. 2023 ($553 Mil) to Sep. 2023 ($555 Mil) and increased from Sep. 2023 ($555 Mil) to Dec. 2023 ($572 Mil).

Materion's annual net PPE increased from Dec. 2021 ($472 Mil) to Dec. 2022 ($513 Mil) and increased from Dec. 2022 ($513 Mil) to Dec. 2023 ($572 Mil).


Materion Property, Plant and Equipment Historical Data

The historical data trend for Materion's Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Materion Property, Plant and Equipment Chart

Materion Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 255.69 371.78 472.07 513.01 572.33

Materion Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 513.01 531.91 553.32 554.58 572.33

Materion Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Materion  (NYSE:MTRN) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Materion Property, Plant and Equipment Related Terms

Thank you for viewing the detailed overview of Materion's Property, Plant and Equipment provided by GuruFocus.com. Please click on the following links to see related term pages.


Materion (Materion) Business Description

Traded in Other Exchanges
Address
6070 Parkland Boulevard, Mayfield Heights, OH, USA, 44124
Materion Corp is a producer of engineered materials based in the United States. The company produces materials used in electrical, electronic, thermal, and structural applications. The company operates in four reportable segments: Performance Materials, Electronic Materials, Precision Optics, and Other. The majority of revenue is derived from Electronic Materials.
Executives
Gregory R. Chemnitz officer: Vice President General Counsel 6070 PARKLAND BLVD., MAYFIELD HTS. OH 44124
Emily M Liggett director
John M Zaranec officer: Chief Accounting Officer 6070 PARKLAND BLVD, MAYFIELD HTS OH 44124
Craig S Shular director C/O GRAFTECH INTERNATIONAL LTD, 12900 SNOW ROAD, PARMA OH 44130
Shelly Marie Chadwick officer: Vice President, Finance & CFO 6070 PARKLAND BLVD, MAYFIELD HTS. OH 44124
Vinod M Khilnani director 905 WEST BLVD NORTH, ELKHART IN 46514
Patrick M. Prevost director C/O SOUTHWESTERN ENERGY COMPANY, 10000 ENERGY DRIVE, SPRING TX 77389-4954
Joseph P Kelley officer: Vice President, Finance & CFO 6070 PARKLAND BLVD., MAYFIELD HEIGHTS OH 44124
Robert J Phillippy director
Joseph P Keithley director NORDSON CORP, 28601 CLEMENS RD, WESTLAKE OH 44145
Richard J Hipple officer: President of Alloy Products 10035 HUNTING DRIVE, BRECKSVILLE OH 44141
N Mohan Reddy director MATERION CORPORATION, 6070 PARKLAND BLVD., MAYFIELD HEIGHTS OH 44124
Jugal K. Vijayvargiya officer: President and CEO C/O DELPHI AUTOMOTIVE, 5725 DELPHI DRIVE, TROY MI 48098
John D Grampa officer: VP Finance, CFO MATERION CORPORATION, 6070 PARKLAND BLVD., MAYFIELD HEIGHTS OH 44124
William B Lawrence director 7875 OLD MILL RD, GATES MILLS OH 44040